Author: News Room

Ivan Boesky Was Seen as Greed Incarnate, and Never Said Otherwise

Before the answers to life’s questions fit in our pocket, you used to have to turn a dial. If you were lucky, Phil Donahue would be on, ready to guide you toward enlightenment. In a stroke of deluxe good fortune, Dr. Ruth Westheimer might have stopped by to be the enlightenment. He was the search engine. She was a trusted result. Donahue hailed from Cleveland. The windshield glasses, increasingly snowy thatch of hair, marble eyes, occasional pair of suspenders and obvious geniality said “card catalog,” “manager of the ’79 Reds,” “Stage Manager in a Chevy Motors production of ‘Our Town.’”…

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How Wally Amos Made His Cookies — and Himself — ‘Famous’

Before the answers to life’s questions fit in our pocket, you used to have to turn a dial. If you were lucky, Phil Donahue would be on, ready to guide you toward enlightenment. In a stroke of deluxe good fortune, Dr. Ruth Westheimer might have stopped by to be the enlightenment. He was the search engine. She was a trusted result. Donahue hailed from Cleveland. The windshield glasses, increasingly snowy thatch of hair, marble eyes, occasional pair of suspenders and obvious geniality said “card catalog,” “manager of the ’79 Reds,” “Stage Manager in a Chevy Motors production of ‘Our Town.’”…

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Video: The Federal Reserve Cuts Interest Rates By a Quarter Percentage Point

new video loaded: The Federal Reserve Cuts Interest Rates By a Quarter Percentage PointtranscriptBacktranscriptThe Federal Reserve Cuts Interest Rates By a Quarter Percentage PointJerome H. Powell, the Federal Reserve chair, announced the central bank’s final interest rate cut for the year and suggested only two more reductions in 2025.The economy is strong overall and has made significant progress toward our goals over the past two years. The labor market has cooled from its formerly overheated state and remains solid. Inflation has moved much closer to our 2 percent longer-run goal. We are committed to maintaining our economy’s strength by supporting…

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See How Much NYC’s Congestion Pricing Plan Would Cost You

Most drivers will begin paying new congestion tolls on Jan. 5 to reach the heart of Manhattan, if all goes as planned.The fees are meant to relieve some of the world’s worst gridlock and pollution while raising billions of dollars for important upgrades to New York City’s subways and buses. Officials also hope to persuade people to use public transit instead. Congestion pricing has been debated for decades, and opponents have fought hard to diminish or stop the tolls, which would be the first of its kind in the United States.Under public pressure, Gov. Kathy Hochul had blocked the program…

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I Traded My News Apps for Rumble, the Right-Wing YouTube. Here’s What I Saw.

By Stuart A. Thompson Stuart Thompson has monitored right-wing media since 2020. He watched 47 hours of video on Rumble for this article. Dec. 12, 2024 As soon as President-elect Donald J. Trump won the presidential race, influencers on Rumble, the right-wing alternative to YouTube, flooded the platform with a simple catchphrase: “We are the media now.” The idea seemed to capture a growing sense that traditional journalists have lost their position at the center of the media ecosystem. Polls show that trust in mainstream news media has plummeted, and that nearly half of all young people get their news…

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Video: Experts Say GLP-1 Drugs Have Potential Use Beyond Weight Loss

new video loaded: Experts Say GLP-1 Drugs Have Potential Use Beyond Weight LosstranscriptBacktranscriptExperts Say GLP-1 Drugs Have Potential Use Beyond Weight LossSpeaking at The New York Times’s DealBook Summit, Eli Lilly’s chief executive and an obesity medicine specialist discussed the potential for wildly popular weight-loss drugs to be used to treat many other conditions.“Only 25 percent of our persons currently in the United States today, Dec. 4, 2024, do not have overweight and obesity.” “So do you think that 75 percent of the country should be on these drugs?” “I’m not saying that. I’m just saying that we do have…

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Video: Bezos Is ‘Very Optimistic’ About a Second Trump Term

new video loaded: Bezos Is ‘Very Optimistic’ About a Second Trump TermtranscriptBacktranscriptBezos Is ‘Very Optimistic’ About a Second Trump TermDuring an interview at the DealBook Summit on Wednesday, Jeff Bezos, the Amazon and Blue Origin founder, said President-elect Donald J. Trump was calmer and more confident now.“Jeffrey Bezos, everybody.” [audience clapping] “If we’re talking about Trump, I think it’s very interesting. I’m actually very optimistic this time around that we’re going to see — I’m very hopeful about this. He seems to have a lot of energy around reducing regulation. And my point of view, if I can help him…

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Video: Google C.E.O. Comments On Landmark Monopoly Ruling

“Sundar Pichai is here, everybody, the C.E.O., of course, of Alphabet and Google. How much of your time, and I promise we’d get to it, is spent these days on thinking about this legal case that you are the center of with the U.S. government saying you’re a monopoly and we are going to break you up? They have talked about effectively trying to do a whole bunch of things, spinning off Chrome, figuring out how to deal with Android, preventing you from paying folks like Apple to make Google the default search engine on the phone.” “Look, I spend…

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Video: Prince Harry Says Murdoch Tabloid Lawsuit Is About Accountability

“Good afternoon, everybody. Good afternoon.” “What I really, really don’t like, and what I find hard to make peace with is that there are some people on one end of the spectrum who are sitting behind their keyboards, writing dangerous or defamatory headlines, knowing that it’s going to work as clickbait, because any context in the rest of the article protects them, and there’s nothing you can do about it. And at the other end of the spectrum, you have Nobel Prize winners like Maria Ressa, who is literally putting her life on the line, and war correspondents who, again,…

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Video: Alex Cooper Said Her Team Spoke With Trump’s About an Interview

new video loaded: Alex Cooper Said Her Team Spoke With Trump’s About an InterviewtranscriptBacktranscriptAlex Cooper Said Her Team Spoke With Trump’s About an InterviewAlex Cooper, the host of “Call Her Daddy” and founder of the Unwell Network, said her team had a Zoom call that she did not attend with Donald Trump’s campaign about a potential interview.“You had tried to avoid politics.” “I did.” “Or at least you said you were trying to avoid politics. And then what happened? Did they reach out to you? Did you reach out to them?” “Yeah, they reached out. Both sides reached out, and…

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