The nation’s largest banks are facing a fresh torrent of lawsuits asserting that they sold shoddy mortgage securities that imploded during the financial crisis, potentially adding significantly to the tens of billions of dollars the banks have already paid to settle other cases. Regulators, prosecutors, investors and insurers have filed dozens of new claims against Bank of America, JPMorgan...
Dec
08
President Mohamed Morsi of Egypt Said to Prepare Martial Law Decree
Labels: WorldTara Todras-Whitehill for The New York TimesEgyptian protesters stood next to a destroyed barricade near the presidential palace in Cairo on Saturday. More Photos »CAIRO — Struggling to quell street protests and political violence, President Mohamed Morsi is moving to impose a version of martial law by calling on the armed forces to keep order and authorizing soldiers to arrest civilians, Egyptian...
Dec
07
The Lede Blog: Hospital Nurse in Radio Hoax With Kate Middleton Is Found Dead
Labels: WorldVideo of a statement on Friday from the London hospital where Kate Middleton was treated this week.A nurse at a London hospital, who took a prank call from two Australian radio disc jockeys pretending to be Queen Elizabeth II and Prince Charles to get details on Kate Middleton’s medical condition, was found dead on Friday, the hospital said.John Lofthouse, the chief executive of the King Edward VII...
Drafters of Communications Treaty Are Split on Internet Issue
Labels: TechnologyPARIS — Nearly a week into a global conference to draft a treaty on the future of international telecommunications, delegates remain divided on a fundamental question: should the Internet feature in the discussions? The United States says no, arguing that including it in an intergovernmental agreement could result in regulations that would hamper its development, which has been led by...
Dec
06
U. S. and Russia to Meet on Syrian Conflict
Labels: WorldDUBLIN — A new round of diplomacy on the conflict in Syria will begin on Thursday afternoon when Lakhdar Brahimi, the United Nations special envoy, hosts an unusual three-way meeting with Secretary of State Hillary Rodham Clinton and the Russian foreign minister, Sergey V. Lavrov. The session, which is being held on the margins of a meeting on European security, comes amid reports of heightened...
Apple to Resume U.S. Manufacturing
Labels: TechnologyFor the first time in years, Apple will manufacture computers in the United States, the chief executive of Apple, Timothy D. Cook, said in interviews with NBC and Bloomberg Businessweek. “Next year, we will do one of our existing Mac lines in the United States,” he said in an interview to be broadcast Thursday on “Rock Center With Brian Williams” on NBC. Apple, the biggest company...
Well: Running in Reverse
Labels: LifestyleThis column appears in the Dec. 9 issue of The New York Times Magazine.Backward running, also known as reverse or retro running, is not as celebrated as barefoot running and will never be mistaken for the natural way to run. But a small body of science suggests that backward running enables people to avoid or recover from common injuries, burn extra calories, sharpen balance and, not least, mix up...
Well: Running in Reverse
Labels: HealthThis column appears in the Dec. 9 issue of The New York Times Magazine.Backward running, also known as reverse or retro running, is not as celebrated as barefoot running and will never be mistaken for the natural way to run. But a small body of science suggests that backward running enables people to avoid or recover from common injuries, burn extra calories, sharpen balance and, not least, mix up...
Steven A. Cohen Is Absent at Art Basel Miami Beach
Labels: BusinessKatie Orlinsky for The New York TimesArt Basel's V.I.P. opening at the Miami Beach Convention Center on Wednesday, seen through Olafur Eliasson's work, "Your Shared Planet." MIAMI BEACH — The opening of Art Basel Miami Beach, under way here this week, looked like the start of the most glamorous doorbuster sale in history, with hundreds of V.I.P.’s streaming into the convention center wearing high-end...
Dec
05
Serbian Ambassador to NATO Is Said to Commit Suicide
Labels: WorldPARIS — The Serbian ambassador to NATO, Branislav Milinkovic, jumped to his death from a multistory parking garage on Tuesday afternoon at the Brussels airport, diplomats said Wednesday. ReutersBranislav Milinkovic, Serbia's ambassador to NATO, sits at the alliance headquarters in Brussels Dec. 14, 2006. Mr. Milinkovic, 52, a respected diplomat, lawyer...
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