Investments and Business

Yellen Urges Israel to Restore Economic Ties to West Bank

Yellen Urges Israel to Restore Economic Ties to West Bank

Treasury Secretary Janet L. Yellen said on Tuesday that she had personally urged Prime Minister Benjamin Netanyahu of Israel to increase commercial engagement with the West Bank, contending that doing so was important for the economic welfare of both Israelis and Palestinians.Ms. Yellen’s plea was outlined in a letter that she sent to Mr. Netanyahu on Sunday. It represented her most explicit public expression of concern about the economic consequences of the war between Israel and Hamas. In the letter, Ms. Yellen said, she warned about the consequences of the erosion of basic services in the West Bank and called…
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AT&T Offers  Credit After Widespread Service Outage

AT&T Offers $5 Credit After Widespread Service Outage

AT&T will offer a $5 credit to customers affected by a widespread outage on Thursday that was caused by technical issues the company encountered while trying to expand its network, its chief executive said on Sunday.The outage, which started around 3:30 a.m. Eastern time, temporarily cut off connections for users across the United States.Some of the affected cities included Atlanta, Los Angeles and New York, according to Downdetector.com, which tracks user reports of telecommunication and internet disruptions.At its peak, the site had received about 70,000 reports of disrupted service for AT&T. Service was fully restored after about seven hours.“No matter…
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What Is Your Housing Situation? We Want to Hear From You.

What Is Your Housing Situation? We Want to Hear From You.

“No society can be fully understood apart from the residences of its members.”I have that quote (from “Crabgrass Frontier,” the seminal history of America’s suburbs) taped to a wall behind my desk. It summarizes why I love covering housing for The New York Times and seem never to run out of things to write about. Housing is everything. It’s where we live and raise our families. It is most people’s largest store of wealth. Whether you own, you rent, or you sleep outside, where you hang your head defines much of your existence.Over the past few decades, and especially since…
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AT&T Says It’s ‘Working Urgently’ To Fix Widespread Cellular Outage

AT&T Says It’s ‘Working Urgently’ To Fix Widespread Cellular Outage

AT&T was hit by a widespread outage affecting users across the United States early Thursday and gave no indication of when services would be restored.The outage, which affected people in cities including Atlanta, Los Angeles and Dallas, was first reported around 3:30 a.m. Eastern time, and cellular service and internet problems were still being widely reported more than five hours later, according to Downdetector.com, which tracks user reports of telecommunication and internet disruptions.AT&T said in a statement on Thursday that some of its customers were experiencing wireless service interruptions. “We are working urgently to restore service to them,” the statement…
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For Michigan’s Economy, Electric Vehicles Are Promising and Scary

For Michigan’s Economy, Electric Vehicles Are Promising and Scary

Last fall, Tiffanie Simmons, a second-generation autoworker, endured a six-week strike at the Ford Motor factory just west of Detroit where she builds Bronco S.U.V.s. That yielded a pay raise of 25 percent over the next four years, easing the pain of reductions that she and other union workers swallowed more than a decade ago.But as Ms. Simmons, 38, contemplates prospects for the American auto industry in the state that invented it, she worries about a new force: the shift toward electric vehicles. She is dismayed that the transition has been championed by President Biden, whose pro-labor credentials are at…
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William Beecher, Who Revealed Secret Cambodia Bombing, Dies at 90

William Beecher, Who Revealed Secret Cambodia Bombing, Dies at 90

William Beecher, who as a reporter for The New York Times revealed President Richard M. Nixon’s secret bombing campaign over Cambodia during the Vietnam War, and who later won a Pulitzer Prize at The Boston Globe, died on Feb. 9 at his home in Wilmington, N.C. He was 90.His daughter, Lori Beecher, and son-in-law, Marc Burstein, confirmed the death.President Nixon ordered the bombings, code-named Operation Menu, in March 1969 in response to stepped-up attacks by the North Vietnamese Army and South Vietnamese guerrillas based in Cambodia, a neutral country. The campaign was so secret that even William P. Rogers, the…
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