Author: NY TIMES

Shares of New York Community Bank slid more than 25 percent on Friday, a day after the lender said its loss in the fourth quarter was $2.4 billion more than it had previously reported, and also announced the departure of its chief executive and a board member.Shares of other regional banks were also lower: Valley National Bank and Columbia Banking System both fell more than 2 percent. The KBW Regional Bank Index, which tracks performance of U.S. regional banks, fell more than 1 percent.The drop in shares of other banks is a sign investors are still nervous about the potential…

Robert M. Young, an eclectic director whose documentary subjects included civil rights lunch counter sit-ins and sharks, and whose feature films included one about a Mexican American farmer who kills a Texas lawman and one about a woman who takes revenge on her attacker, died on Feb. 6 in Los Angeles. He was 99.The death, in a hospital, was confirmed by his son Andrew.In an interview with the Directors Guild of America in 2005, Mr. Young recalled what attracted him to filmmaking.“I wanted to be in life,” he said. “I wanted to be having adventures, I wanted to be living…

They went out by the thousands, camping overnight along a coastal road in the cold Gaza night, huddled together by small fires, waiting for supplies to come so they could feed their families.What they encountered was death and injury by the hundreds, according to witnesses and a doctor who treated the wounded, as Israeli forces opened fire toward desperate Palestinians who surged forward when aid trucks finally arrived before dawn on Thursday.“I saw things I never, ever thought I would see,” said Mohammed Al-Sholi, who had camped out overnight for a chance to get food for his family. “I saw…

This image of Aleksei A. Navalny’s body in a coffin, at a church in southern Moscow, conveys many of the traditions of the Russian Orthodox Church, an institution that has bound itself closely to the Kremlin but that also counted opposition figures, including Mr. Navalny, among its faithful.“I, to my shame, am a typical post-Soviet believer,” Mr. Navalny said in an interview in 2012. “I keep fasts, I got baptized at church, but I go to church quite rarely.”Being an Orthodox Christian, he said, made him feel “like I am part of something big and shared.”He added: “I like that…

The next act in the career of Monica Lewinsky, the White House intern turned anti-bullying activist, writer and producer? Modeling. Ms. Lewinsky is the star of a new campaign introduced this week by Reformation, a fashion brand.The campaign, called “You’ve Got the Power,” is meant to promote not only the brand, but also voter registration ahead of the 2024 election. Ms. Lewinsky, 50, told The New York Times that she was flattered, if a bit stunned, to be tapped for the project, which is — not incidentally — the latest marker on her path toward self-acceptance.Growing up in Los Angeles,…

Boeing said on Friday that it was in talks to acquire Spirit AeroSystems, a struggling supplier that the manufacturer spun out nearly two decades ago and that makes the bodies of the 737 Max jet.In reabsorbing Spirit, Boeing would be seeking to rescue and restructure a troubled but important partner that has been battered by years of losses and quality control problems. Spirit’s problems have also at times limited how fast Boeing can produce Max planes, its most popular commercial jet.Bringing Spirit, one of the company’s key suppliers, back in house would be a significant strategic shift for Boeing, which…

Gov. Ron DeSantis on Friday vetoed a sweeping social media bill that would have effectively barred Florida residents under the age of 16 from opening accounts on services like TikTok and Instagram, even if their parents permitted them to do so.In a post on X, Mr. DeSantis said he had vetoed the teen social media ban bill because the state’s Legislature was “about to produce a different, superior bill” that recognized parents’ rights. Last week, the governor had suggested the measure went too far by superseding the authority of parents.Soon after the news of the veto, Paul Renner, a Republican…

In Handel’s oratorio “Israel in Egypt,” which the New York Philharmonic performed in October, Jews are living in captivity across the Red Sea from their ancient homeland. In “Émigré,” a new oratorio that was given its American premiere by the Philharmonic on Thursday at David Geffen Hall, they’ve gone a lot farther: to Shanghai, where thousands fled Nazi persecution.Few milieus could be as seductively dramatic as that Chinese city in the 1930s, with its cosmopolitan glamour and wartime danger. But “Émigré” evokes none of this theatrical allure, failing to grab the ear or the heart.With music by Aaron Zigman (known…

World leaders on Friday intensified their demands on Israel to get more aid into Gaza and provide more answers about the deaths of scores of Palestinians in a scene of chaos surrounding a humanitarian convoy its forces were securing.Many questions remained unanswered as the Israeli military and Gazan officials offered divergent accounts of one of the deadliest known disasters involving civilians in the nearly five-month war. Annalena Baerbock, Germany’s foreign minister, called on the Israeli military to “fully explain” the killings in northern Gaza on Thursday and joined the calls for a cease-fire that would allow for the release of…

They went out in the thousands, camping overnight along the coastal road in the cold Gaza night — making small fires to keep warm — huddled together waiting for supplies to come so they could feed their families.What they encountered was death and injury, as Israeli forces opened fire toward hungry, desperate Palestinians who surged forward when aid trucks finally arrived in the predawn dark on Thursday, according to three eyewitnesses and a doctor who treated the wounded.“I saw things I never ever thought I would see,” said Mohammed Al-Sholi, who had camped out overnight for a chance at getting…