Author: News Room

Times Insider explains who we are and what we do and delivers behind-the-scenes insights into how our journalism comes together.It’s not every day that a person asks a total stranger deeply intimate questions about their life, career and goals. But there I was, on the phone with someone I had found on the internet. And I had big questions, like, “How much money have you saved?” “Why did you quit your job?” And, “What exactly do you want to do with your life?”Even before becoming a journalist, I have been ceaselessly curious — probably uncouthly so — about the philosophies…

The toll for misconduct at the fallen Swiss bank Credit Suisse just keeps getting bigger.Federal prosecutors said on Monday that UBS, which rescued Credit Suisse from the brink of collapse two years ago, would pay $510 million in fines for the role Credit Suisse played in helping clients evade taxes.Credit Suisse, among other moves, helped clients hide more than $4 billion from the Internal Revenue Service in at least 475 accounts, prosecutors said. Credit Suisse’s Singapore office was singled out for holding undeclared accounts for people who owed taxes.The bank pleaded guilty to, in the words of prosecutors, enabling “U.S.…

PUBLIC SERVICEProPublicaThe Pulitzer committee honored ProPublica for the work of Kavitha Surana, Lizzie Presser, Cassandra Jaramillo and Stacy Kranitz for what it called “urgent reporting about pregnant women who died after doctors delayed urgently needed care for fear of violating vague ‘life of the mother’ exceptions in states with strict abortion laws.”Finalists The Boston Globe; The New York TimesBREAKING NEWSStaff of The Washington PostThe Washington Post won for its “illuminating coverage of the July 13 attempt to assassinate then-presidential candidate Donald Trump,” the committee said.Finalists Staff of The Associated Press; Staffs of The News & Observer, Raleigh, N.C., and The…

Ford Motor said on Monday that the Trump administration’s tariff policies were likely to lower its 2025 profit, before interest and taxes, by about $1.5 billion. The company also dropped its forecast for the year, saying that predicting the future had become too hard.Ford is less affected by President Trump’s 25 percent tariffs on vehicles than other automakers because most of the vehicles it sells in the United States are made in the country. General Motors said last week that the tariffs would increase its costs $4 billion to $5 billion this year.“We believe we are well positioned to adapt…

The New York Times won four Pulitzer Prize awards on Monday, including for reporting on Sudan’s civil war and the failures of the United States in the war in Afghanistan, as well as photographs of the moments surrounding the attempted assassination of Donald J. Trump in Pennsylvania.The Times also won in collaboration with the The Baltimore Banner, a nonprofit news outlet, for an investigation into the deadly opioid crisis.The New Yorker won three awards, for commentary and feature photography as well as for its investigative podcast, “In The Dark.”Started in 1917, the Pulitzer Prizes are presented annually by Columbia University…

Senate Democrats are demanding changes to cryptocurrency legislation pending in Congress, responding partly to growing evidence that the Trump family is using its connections and President Trump’s power to profit from crypto trading.The pushback intensified late last week after a closed-door meeting among Senate Democrats in which Senator Chuck Schumer, the Democratic leader, told colleagues they should not commit to voting for the so-called GENIUS Act, a bill backed by the crypto industry.For months, the bill had appeared to be gliding toward passage, with support from both parties, and it was scheduled for a procedural vote this week. But in…

For motorcycle lovers in Sweden, Harley-Davidson is the hottest brand on the road. Jack Daniel’s whiskey beckons from the bar at British pubs. In France, Levi’s jeans are all about chic.But in the tumult of President Trump’s trade war with Europe, many European consumers are starting to avoid U.S. products and services in what appears to be a decisive and potentially long-term shift away from buying American, according to a new assessment by the European Central Bank.In April, Mr. Trump imposed a 10 percent blanket tariff on America’s trading partners, and threatened “reciprocal tariffs” on many of those, including the…

Passengers traveling through Newark Liberty International Airport on Monday were confronted with cancellations and hourslong delays as disruptions to air traffic there extended into a second week.Low clouds on Monday prompted the Federal Aviation Administration to pause departures of planes heading to Newark, leading to delays averaging four hours and exacerbating the travel chaos at one of the nation’s busiest airports. More than 200 flights into and out of Newark had been delayed on Monday morning, according to the tracking site FlightAware.Major flight disruptions started early last week, when the Philadelphia air traffic control center experienced equipment failures and staffing…

Two independent medical practices in Minnesota once hoped to expand operations but have spent the past year struggling to recover from the cyberattack on a vast UnitedHealth Group payment system.Odom Health & Wellness, a sports medicine and rehabilitation outfit, and the Dillman Clinic & Lab, a family medicine practice, are among the thousands of medical offices that experienced sudden financial turmoil last year. The cyberattack against Change Healthcare, a division of United, paralyzed much of the nation’s health-care payment system for months.Change lent billions of dollars to medical practices that were short on cash but has begun demanding repayments.Dillman and…

Treasury Secretary Scott Bessent urged skittish global business leaders on Monday to ignore President Trump’s economic naysayers and ramp up investment in the United States, defending an economic agenda that economists warn will slow economic growth and exacerbate inflation.Speaking to executives, entrepreneurs and policymakers, Mr. Bessent argued that the Trump administration’s economic plans go beyond trade policy and will pay off in the long run. He urged them to also focus on Mr. Trump’s plans to cut taxes and regulation, which he said would spur job creation and output.“Tariffs are engineered to encourage companies like yours to invest directly in…