At a congressional hearing on Tuesday, the leaders of Harvard, the University of Pennsylvania and the Massachusetts Institute of Technology gave carefully worded — and seemingly evasive — answers to the question of whether they would discipline students who called for the genocide of Jews. The intense criticism that followed led many to wonder: Who …
A String of Lawsuits Takes Aim at Regulators
When Meta sued the Federal Trade Commission last week — the social networking giant’s latest effort to block new restrictions on its monetization of user data — it used an increasingly common argument against government regulators: The complaint alleged that the structure of the F.T.C. was unconstitutional and that its in-house trials were invalid. The …
E.U. Agrees on AI Act, Landmark Regulation for Artificial Intelligence
European Union policymakers agreed on Friday to a sweeping new law to regulate artificial intelligence, one of the world’s first comprehensive attempts to limit the use of a rapidly evolving technology that has wide-ranging societal and economic implications. The law, called the A.I. Act, sets a new global benchmark for countries seeking to harness the …
Retail Group Retracts Startling Claim About ‘Organized’ Shoplifting
A national lobbying group has retracted its startling estimate that “organized retail crime” was responsible for nearly half the $94.5 billion in store merchandise that disappeared in 2021, a figure that helped amplify claims that the United States was experiencing a nationwide wave of shoplifting. The group, the National Retail Federation, edited that claim last …
Binance Founder Ordered to Remain in U.S. Before Sentencing
Changpeng Zhao, the founder of the giant cryptocurrency exchange Binance, must remain in the United States as he waits to be sentenced for violating federal money-laundering rules, a judge ruled on Thursday. Mr. Zhao, who goes by his initials, CZ, pleaded guilty to the charge last month as part of a wide-ranging settlement of several …
Bellevue Hospital Rushes Patients Into Weight-Loss Surgery
Early one morning in February, a guard clanged on the door of David Mustiga’s jail cell on Rikers Island. Soon, the 43-year-old was shackled and put on a bus to Bellevue. Rikers detainees often struggle to get even rudimentary medical care. But Mr. Mustiga and 10 other prisoners have undergone elective bariatric surgery at Bellevue, …
What the Jobs Report Might Mean for Interest Rates
The high stakes in Friday’s jobs report Bonds have been on an impressive monthlong rally fueled by investors’ hopes that the Fed will begin cutting interest rates next year. That bet may be tested as soon as Friday with the release of new payroll data that Wall Street expects will show the labor market cooling …
At the DealBook Summit, Leaders Contend With an “Existential Moment”
This article is part of our special section on the DealBook Summit that included business and policy leaders from around the world. “There’s always tough stuff going on, wars and depressions and recessions,” Jamie Dimon, chief executive of J.P. Morgan Chase, told me. But this time, he said, it may be different — it may …
Megyn Kelly Returning to Debate Spotlight on NewsNation
Ms. Kelly is not the only Fox News veteran with a major role in the NewsNation debate. Cherie Grzech, who produced 15 primary debates for Fox News before leaving in 2021, now runs NewsNation’s news and political programming. Chris Stirewalt, best-known as the Fox News analyst who defended the 2020 election night call for Arizona …
Twitch Will Shut Down Its Streaming Platform in South Korea
Twitch, the popular video streaming service, will shut down its services in South Korea next year, the company said on Tuesday, after struggling for years with the high costs of operating in the country. Twitch was once one of the most popular platforms for gamers in South Korea, even as it competed with domestic services …