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Year: 2024

U.S. Steel Acquisition Proposal Tests Biden’s Industrial Policy

U.S. Steel Acquisition Proposal Tests Biden’s Industrial Policy

U.S. Steel is an iconic example of the lost manufacturing muscle that President Biden says his economic policies will bring back to the United States.But last month, the storied-but-diminished company announced plans to be acquired by a Japanese competitor. That development has put Mr. Biden in an awkward bind as he tries to balance attempts to revitalize the nation’s industrial sector with his efforts to rebuild international alliances.Mr. Biden’s administration has expressed some discomfort with the deal and is reviewing the proposed $14.1 billion takeover bid by Japan’s Nippon Steel. The company is offering a hefty premium for U.S. Steel,…
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Mário Zagallo, Longtime Fixture of Brazilian Soccer, Dies at 92

Mário Zagallo, Longtime Fixture of Brazilian Soccer, Dies at 92

Mário Zagallo, who as both a player and coach helped lead Brazil to four World Cup soccer championships, becoming a national hero and one of only three people to lift the tournament’s trophy in both roles, died on Friday in Rio de Janeiro. He was 92.His death was confirmed by his family on his social media channels. Barra D’Or Hospital in Rio de Janeiro, where he had been a patient several times in recent months, said the cause was multiple organ failure.An attack-minded wing as a player and a tactically minded coach known as “the Professor,” Zagallo was part of…
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The Income Gap Jeopardizing Retirement for Millions

The Income Gap Jeopardizing Retirement for Millions

Monique Louvigny, an event coordinator in the San Francisco Bay Area, economizes where she can. She drives a 10-year-old Prius, brings a thermos of coffee to work instead of patronizing a place with baristas, and takes advantage of a drive-through food pantry once a month.Laid off at 57, “I kind of reinvented myself,” she said. She rebuilt her career as a freelancer, overseeing receptions and conventions for many companies and institutions, including the local de Young and Legion of Honor art museums.But her income fell to less than $30,000 last year. “It’s erratic,” she said. “In January, I have 12…
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Bird, ‘The Wire,’ a life sentence paroled and a Colts game 40 years in the making

Bird, ‘The Wire,’ a life sentence paroled and a Colts game 40 years in the making

Bleary-eyed from 16 hours on a Greyhound bus, he strolled into the stadium running on fumes. He’d barely slept in two days. The ride he was supposed to hitch from Charlotte to Indianapolis canceled at the last minute, and for a few nervy hours, Antonio Barnes started to have his doubts. The trip he’d waited 40 years for looked like it wasn’t going to happen.But as he moved through the concourse at Lucas Oil Stadium an hour before the Colts faced the Raiders, it started to sink in. His pace quickened. His eyes widened. His voice picked up.“I got chills…
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Switching to a Flip Phone Helped Me Cut Down on My Smartphone Addiction

Switching to a Flip Phone Helped Me Cut Down on My Smartphone Addiction

This time of year, everyone asks what you like least about your life, but they phrase it as, “What’s your New Year’s resolution?”My biggest regret of 2023 was my relationship to my smartphone, or my “tech appendage” as I’ve named it in my iPhone settings. My Apple Screen Time reports regularly clocked in at more than five hours a day.That’s only an hour more than the average American, but I still found it staggering to think that I spent the equivalent of January, February and half of March looking at that tiny screen (April too, if we only count waking…
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F.A.A. Orders Airlines to Ground Some Boeing 737 Max 9 Jets After Midair Emergency

F.A.A. Orders Airlines to Ground Some Boeing 737 Max 9 Jets After Midair Emergency

The Federal Aviation Administration on Saturday ordered U.S. airlines to stop using some Boeing 737 Max 9 planes until they were inspected, less than a day after one of those planes lost a chunk of its body in midair, terrifying passengers until the plane landed safely.Alaska and United Airlines on Saturday began canceling dozens of flights after grounding their Max 9 fleets so the planes could undergo the federally mandated inspections.Alaska Airlines Flight 1282 took off from Portland, Ore., on Friday, bound for Ontario, Calif., but was diverted back to Portland six minutes later, according to FlightAware, a flight tracking…
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In Indonesia, Democracy or Dynasty?

In Indonesia, Democracy or Dynasty?

Not long ago, the eldest son of President Joko Widodo of Indonesia was running a catering business and a chain of dessert shops. Now he is the symbol of a budding political dynasty and the beneficiary of family maneuvering.With the help of a high court ruling led by his uncle, the president’s son, Gibran Rakabuming Raka, 36, has emerged as the leading candidate for vice president in next month’s national elections. If his ticket wins, he would become Indonesia’s youngest vice president ever.The machinations have rattled critics, who warn that Mr. Joko is moving to undermine democratic overhauls that were…
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F.D.A. to Issue First Approval for Mass Drug Imports to States from Canada

F.D.A. to Issue First Approval for Mass Drug Imports to States from Canada

The Food and Drug Administration has decided to allow Florida to import millions of dollars worth of medications from Canada at far lower prices than in the United States, overriding fierce decades-long objections from the pharmaceutical industry, according to a senior administration official.The approval is a major policy shift for the United States, and supporters hope it will be a significant step forward in the long and largely unsuccessful effort to reign in drug prices. Individuals in the United States are allowed to buy directly from Canadian pharmacies, but states have long wanted to be able to purchase medicines in…
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Behind the scenes with Curt Menefee, ‘leader’ and ‘therapist’ for ‘Fox NFL Sunday’

Behind the scenes with Curt Menefee, ‘leader’ and ‘therapist’ for ‘Fox NFL Sunday’

LOS ANGELES — Terry Bradshaw spills a cup of coffee, but Curt Menefee doesn’t flinch. Menefee leans toward a tray not visible on television for some tissue to help clean up as Bradshaw continues to make a point about the Cincinnati Bengals.Howie Long helps with the cleanup, and Bradshaw keeps talking. Jimmy Johnson listens intently.Menefee then ribs Bradshaw about needing another cup of coffee, and Johnson uses coffee as a transition to talk about the Baltimore Ravens and Seattle Seahawks.“So Terry spills coffee on live TV … now, how do you react?” Menefee said shortly after while sitting in a dressing…
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The Times Sues OpenAI, a Debate Over iMessage and Our New Year’s Tech Resolutions

The Times Sues OpenAI, a Debate Over iMessage and Our New Year’s Tech Resolutions

Listen and follow ‘Hard Fork’Apple | Spotify | Amazon | YouTubeThe New York Times sued OpenAI last week for copyright infringement. Kevin Roose and Casey Newton walk through the lawsuit and discuss the stakes for news publishers. Then, they talk about Apple’s “walled garden,” which is facing threats from both regulators and 16-year-olds. Finally, we set our tech resolutions for the new year.Today’s guest: Eric Migicovsky, co-founder of BeeperAdditional Reading:The New York Times sued OpenAI.Apple’s latest headache in the debate over blue vs. green bubbles.Credits“Hard Fork” is hosted by Kevin Roose and Casey Newton and produced by Davis Land and…
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