Author: News Room

Atul Loke for The New York Times Investigators have begun sorting through the wreckage of Thursday’s plane crash in India, the nation’s deadliest in three decades. It could take months before a definitive explanation emerges, but videos of the accident and other evidence have begun to offer clues about what may have brought down the Air India flight, killing more than 260 people.Here are some questions that investigators hope to answer in days and weeks ahead, according to aviation safety experts.Were the wing flaps and slats properly extended?Thursday’s crash occurred moments after the plane departed the airport in Ahmedabad, India.…

President Trump received a phone call from Elon Musk late on Monday night, outreach that led to a public expression of regret by the billionaire early Wednesday for the attacks he had lodged against the president in their extraordinary public showdown last week, according to three people briefed on the conversation.The call came after the tech entrepreneur spoke privately on Friday with Vice President JD Vance and the White House chief of staff, Susie Wiles, about a path to a truce. Ms. Wiles told associates she had come to like working with Mr. Musk and was one of his regular…

The Washington Post said Wednesday that it had hired Adam O’Neal, a correspondent from The Economist, to be its next opinion editor.Mr. O’Neal will be charged with carrying out a new direction for the section laid out by Jeff Bezos, the owner of The Washington Post: to champion “personal liberties and free markets.” Before joining The Economist, Mr. O’Neal was an editorial page writer at The Wall Street Journal, where the opinion pages are reliably conservative.Mr. O’Neal, 33, introduced himself to readers in a brief video posted by The Post’s public relations account, saying he had “been a journalist for…

Los Angeles is a city of immigrants. It is also a city of unions. And in California, those two constituencies have essentially melded into one.So it should come as no surprise that federal immigration raids on workplaces around Los Angeles County this week set off the largest protests to date against President Trump’s immigration crackdown.On the first day of the protests, David Huerta, the president of the California chapter of the Service Employees International Union and the grandson of Mexican farmworkers, was arrested and hospitalized for a head injury after being pushed by a federal agent. Officials said he was…

Over the past few months, after President Trump imposed wave after wave of tariffs, companies began paying billions more to bring goods into the country. In May, the Treasury collected more than $22 billion in tariff payments, data released on Wednesday shows, a record high.The income figures are among the first concrete indicators of the costs imposed by Mr. Trump’s trade policies. Although inflation data has yet to reflect price increases from tariffs, companies may soon pass at least part of those extra bills on to their customers. The rest could show up on their balance sheets in the form…

Richard Beattie, a mergers lawyer who helped pioneer private equity takeovers — work that was immortalized in the much-lauded book “Barbarians at the Gate” — and who served in Washington and New York City government, died on Friday at his home in Manhattan. He was 86.His daughter Lisa Beattie Frelinghuysen said the cause was cancer.Over nearly six decades at the white-shoe New York firm Simpson Thacher & Bartlett, the soft-spoken Mr. Beattie — Dick, as he was widely known — became one of Wall Street’s most-sought corporate advisers.He helped put together AOL’s $165 billion takeover of Time Warner in 2001…

Last Thursday, Clare Conroy turned on her window air-conditioner for its inaugural run of the season.A few hours later, she learned that her appliance, a U-shaped Midea unit that has exploded in popularity since it was introduced in 2020, had been recalled over a potential mold risk. The window units, which are gracefully rounded, have become the air-conditioner of choice for many design-conscious New Yorkers, partly because of their distinctive shape that allows the window to close and light to enter on either side of the unit.Suddenly, the air-conditioner no longer sounded so chic. Ms. Conroy learned about the recall…

Disney and Universal sued a prominent artificial intelligence start-up for copyright infringement on Wednesday, bringing Hollywood belatedly into the increasingly intense legal battle over generative A.I.The movie companies sued Midjourney, an A.I. image generator that has millions of registered users. The 110-page lawsuit contends that Midjourney “helped itself to countless” copyrighted works to train its software, which allows people to create images (and soon videos) that “blatantly incorporate and copy Disney’s and Universal’s famous characters.”“Midjourney is the quintessential copyright free-rider and a bottomless pit of plagiarism,” the companies said in the lawsuit, which was filed in United States District Court…

We are hearing that the trade talks with China may be bearing fruit — or at least aren’t at an impasse. We’ve heard positive spin before, so we will wait to hear whether both sides say the same thing before any sort of victory can be declared.We’re also watching key C.P.I. data on Wednesday. And we’re examining new challenges to the latest trend in finance: funds sponsored by private equity that target retail investors. Good luck!But will Trump and Xi approve? For the second time in recent weeks, U.S. negotiators are hailing a truce in the Trump administration’s trade clash…

Businesses across the United States have for months warned that they would raise prices on their customers in response to President Trump’s tariffs.The latest data show that it is only happening in a limited way so far, helping to keep a lid on inflation.The Consumer Price Index, released on Wednesday, rose 2.4 percent in May from a year earlier, just above April’s 2.3 percent annual increase.“Core” inflation steadied at 2.8 percent. That measure, which strips out volatile food and energy products, is closely monitored by policymakers as a gauge for underlying price pressures.On a monthly basis, the overall measure rose…