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Author: NY TIMES
Regulators late Friday seized Republic First Bancorp, a troubled Philadelphia lender, in the first U.S. bank failure this year.Republic First Bancorp, known as Republic Bank, had about $4 billion in deposits at the end of January and assets worth $6 billion, the Federal Deposit Insurance Corporation said in a statement.“Substantially all” of its deposits will be assumed by Fulton Bank of Lancaster, Pa., the F.D.I.C. said, with Republic First’s 32 branches in Pennsylvania, New Jersey and New York reopening as soon as Saturday as Fulton Bank branches.Founded in 1988, Republic First was smaller than the midsize banks that collapsed last…
“Humane,” directed by Caitlin Cronenberg (a daughter of the celebrated horror auteur David Cronenberg) in her feature debut, builds this world at a satisfyingly rapid speed, raising stakes so quickly that you’re left breathless as the implications sink in. (That also means some of the logical leaps — like how you’d get the whole world to agree to these measures — fade into the background, and that’s fine.) The screenplay, by Michael Sparaga, sets up a society that hasn’t imploded yet but is about to, and is recognizably littered with the detritus of a discourse-obsessed culture very like our own.…
In a first, a military judge at Guantánamo Bay on Friday crossed into the security zone containing the wartime prison and inspected a former C.I.A. “black site” facility at the center of a dispute over the taint of torture in the Sept. 11, 2001, case.It was a noteworthy moment in the arc of the two-decade history of the Guantánamo trials. No war court judge had before made the five-mile trip to look at the detention operations, where the military maintains the only known, still-intact remnant of the network of overseas prisons that the C.I.A. operated from 2002 to 2009.But Col.…
Paramount is preparing to announce the departure of its chief executive, Bob Bakish, as soon as next week, according to three people with knowledge of the matter, a sudden development even as the company is exploring a merger.The impending move is a result of Mr. Bakish’s worsening relationship with Shari Redstone, the company’s controlling shareholder, the people said, asking not to be identified discussing a delicate matter. Ms. Redstone grew frustrated with what she saw as his inability to get important deals across the finish line, including a sale of the Showtime and BET cable channels, the people said.Two people…
More than two years after a judge ended the conservatorship that had given James P. Spears control of his pop star daughter’s life, Britney Spears and her father have settled their outstanding legal dispute over the payment of his legal fees and his management of her finances.The terms of the settlement were not disclosed in court filings made by both parties in Los Angeles Superior Court on Thursday. But the two sides had been at odds over the size of Mr. Spears’s legal fees and questions about his oversight of her money as conservator.Ms. Spears’s 13-year-long conservatorship, which began in…
“The flame is coming home,” the director of the Paris Olympics, Tony Estanguet, told a crowd of reporters and critics gathered in the Louvre’s interior sculpture garden on Tuesday. The sun streamed through the vaulted glass roof, lighting up a bronze sculpture of a discus thrower installed beneath a lapis blue arch emblazoned with “L’Olympisme” — “Olympism.”Estanguet, a former Olympic champion, might have been describing the Games’s centennial return to France. After the Olympic flame makes its way from Athens to Paris, via a handful of French overseas territories, it will be installed in the Tuileries Garden just beyond the…
Kirk Cousins worries Falcons’ decision to draft Michael Penix Jr. won’t help team this season
The Atlanta Falcons selected former Washington quarterback Michael Penix Jr. with the 8th overall pick in the 2024 NFL Draft.Among those shocked by the selection is Kirk Cousins, their current projected starting quarterback.Cousins’ agent, Mike McCartney, told Cousins that the Falcons called Cousins at the end of the game to let him know they were taking Penix. Athletic team. When Cousins signed with the team in the offseason, the Falcons told him they would be drafting a quarterback in the later rounds of this draft. He was shocked when they drafted him in the first round, and Cousins’ biggest concern…
“Well, House Speaker Mike Johnson crashed Hamas’s spring break at Columbia today.”That quip came from the Fox News host Jesse Watters, who was interviewing Mr. Johnson on his prime-time show Wednesday.In response to a standoff between student protesters and the university’s president, Mr. Johnson had visited Columbia University’s campus, where students had set up encampments in solidarity with Palestinians. He was booed during a brief news conference on the steps of a school library.“So many of them, Jesse, don’t know what the heck they’re talking about,” Mr. Johnson said.Mr. Johnson’s appearance on “Jesse Watters Primetime” embodied the chiding and often…
▶ Listen on Spotify, Apple Music or YouTube4. “Broken Man”This wonderfully abrasive track from “All Born Screaming” features percussion from Dave Grohl and a crunching, industrial-tinged sound that compels Clark to holler herself hoarse. As she told me in one of our conversations, putting this track out as the album’s lead single was, for once, a no-brainer. “Other records, I’ve been like, ‘Oh that could be good, or this could be good for people to hear first,’” she said. But for “All Born Screaming,” “I felt very adamant that ‘Broken Man’ was first. Let’s throw some TNT.”▶ Listen on Spotify,…
The past week has seen a growing wave of protest encampments and other demonstrations on university campuses across the United States, many of which have been met by mass arrests and other forceful police actions, as well as intense media scrutiny. And the demonstrations continue to spread.But campus protests overseas have been sporadic and smaller, and none have set off a wider student movement.In Britain, for example, small groups of students temporarily occupied university buildings on the campuses of the University of Manchester and the University of Glasgow. But they never generated national news or set off a widening wave…