BUSINESS

New York Community Bank Reports $2.4 Billion More in Losses as C.E.O. Resigns

The lender said its earnings were far weaker than it had earlier stated, and it disclosed the discovery of “material weaknesses” in its internal controls.The lender said its earnings were far weaker than it had earlier stated, and it disclosed the discovery of “material weaknesses” in its internal controls. Banking and Financial Institutions, Appointments and Executive […]

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Disney Heirs Line Up Against Nelson Peltz and Activist Investors

Nine grandchildren of Walt and Roy Disney expressed support for Bob Iger and the company’s board, and criticized Nelson Peltz and others circling Disney.Nine grandchildren of Walt and Roy Disney expressed support for Bob Iger and the company’s board, and criticized Nelson Peltz and others circling Disney. Walt Disney Company, Iger, Robert A, Peltz, Nelson, Rasulo,

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A.I. Frenzy Complicates Efforts to Keep Power-Hungry Data Sites Green

Artificial intelligence’s booming growth is radically reshaping an already red-hot data center market, raising questions about whether these sites can be operated sustainably.Artificial intelligence’s booming growth is radically reshaping an already red-hot data center market, raising questions about whether these sites can be operated sustainably. Data Centers, Artificial Intelligence, Computers and the Internet, Sustainable Living, Alternative

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Nursing Home Staffing Shortages and Other Problems Still Persist

Infection control lapses, severe staffing shortages and lowering vaccination rates have continued to plague many facilities beyond the pandemic.Infection control lapses, severe staffing shortages and lowering vaccination rates have continued to plague many facilities beyond the pandemic. Coronavirus (2019-nCoV), Nursing Homes, Shortages, Elder Care, Labor and Jobs, Inspectors General, Protective Clothing and Gear, Vaccination and Immunization,

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Economic Dividend of Immigration Faces Legal and Logistical Hurdles

Immigrants aided the pandemic recovery and may be crucial to future needs. The challenge is processing newcomers and getting them where the jobs are.Immigrants aided the pandemic recovery and may be crucial to future needs. The challenge is processing newcomers and getting them where the jobs are. Labor and Jobs, Foreign Workers, Immigration and Emigration, Refugees

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A Key Inflation Measure Moderated in January

The Federal Reserve’s preferred inflation measure continued to cool on an annual basis, even as a key monthly gauge nudged higher.The Federal Reserve’s preferred inflation measure continued to cool on an annual basis, even as a key monthly gauge nudged higher. United States Economy, Inflation (Economics), Consumer Behavior, Interest Rates, Federal Reserve System, Prices (Fares, Fees

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OpenAI and Sam Altman Face More Scrutiny

The high-flying A.I. start-up and its C.E.O. are under regulatory scrutiny, and that could stall their ambitions.The high-flying A.I. start-up and its C.E.O. are under regulatory scrutiny, and that could stall their ambitions. internal-storyline-no, Artificial Intelligence, Start-ups, Intercept, The (Magazine), Microsoft Corp, Wilmer Cutler Pickering Hale and Dorr LLP, Altman, Samuel H Read More

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U.S. Proposes New Rules to Ease Flying for Travelers in Wheelchairs

The Transportation Department said the proposed regulations would make it easier to hold airlines accountable for mishandling passengers’ wheelchairs.The Transportation Department said the proposed regulations would make it easier to hold airlines accountable for mishandling passengers’ wheelchairs. Airlines and Airplanes, Disabilities, Discrimination, Wheelchairs, Regulation and Deregulation of Industry, United States Politics and Government, Buttigieg, Pete (1982-

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Auto Insurance Spike Hampers the Inflation Fight

Costlier vehicles and repairs are pushing premiums higher even as the increase in U.S. consumer prices is tapering overall.Costlier vehicles and repairs are pushing premiums higher even as the increase in U.S. consumer prices is tapering overall. Prices (Fares, Fees and Rates), Automobiles, Automobile Insurance and Liability, Inflation (Economics), United States Economy, Consumer Price Index, Federal

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