What's New?

G.E. Earnings Show Some Signs of a Turnaround

General Electric reported a first-quarter loss on Friday, but there were also signs that the struggling industrial giant is beginning to stabilize its business. G.E.’s big power-generator division continues to drag down the company’s overall performance, and it is still hampered by financial liabilities that linger from the conglomerate’s pared-back finance arm, GE Capital. But…

SEOUL, South Korea — North and South Korea on Friday installed what officials said was the first-ever hotline between their top leaders, another sign of improving relations on the divided Korean Peninsula. President Moon Jae-in of South Korea was expected to use the hotline, which was installed in his office, to talk with the North’s…

Sale at Heathrow Terminal 1. Everything Must Go.

LONDON — Are you in the market for several baggage claim carousels, escalators, murals, check-in counters, clocks, not-quite-comfortable chairs, passport scanners and signs that declare “Nothing to declare”? Then an auction of the entire contents of London Heathrow Airport’s Terminal 1 may appeal to you. Everything — every chair, every door, every single thing —…

SAN FRANCISCO — Venture capitalists and entrepreneurs have been lobbying federal regulators to protect at least some virtual currencies from being categorized as securities, a designation that would carry significantly more oversight. The venture capital firm Andreessen Horowitz helped assemble a group of investors and lawyers that met with the Securities and Exchange Commission in…

An auditing firm responsible for monitoring Facebook for federal regulators told them last year that the company had sufficient privacy protections in place, even after the social media giant lost control of a huge trove of user data that was improperly obtained by the political consulting firm Cambridge Analytica. The assertion, by PwC, came in…



Business

WASHINGTON — The Democratic National Committee opened a new legal assault on President Trump on Friday by filing a lawsuit in federal court alleging that the organization was the victim of a conspiracy by Russian officials, the Trump campaign and WikiLeaks to damage Hillary Clinton’s presidential run. The 66-page lawsuit, filed in federal court in…

A new breed of state-based savings accounts can help workers prepare for retirement, in part by allowing them to push back the time when they file for Social Security payments, a new analysis suggests. Half of all states have considered plans to offer automatic individual retirement accounts, and at least five (California, Connecticut, Illinois, Maryland…

WASHINGTON — Federal civil rights prosecutors have recommended charges against a New York police officer in the 2014 death of Eric Garner, three current and former officials said, but top Justice Department officials have expressed strong reservations about whether to move forward with a case they say may not be winnable. Mr. Garner died on…

An E.R. That Treats You Like a V.I.P.

At 3 a.m. on a recent Sunday, Herb Wilson’s wife fell backward in the bathroom of their New York apartment and hit her head. It was not her first fall. She has Parkinson’s disease and has fallen many times, causing him worry. The previous time his wife had fallen, Mr. Wilson, 79, had taken her…

WASHINGTON — Central Intelligence Agency operatives have long run covert influence campaigns overseas. Now, the agency is mounting an unusually active, not very secret campaign in Washington. The C.I.A. is trying to ensure its deputy director, Gina Haspel, a career spy, is confirmed as its new director. Almost every detail of her life and work…

For the first time, a major American retailer is offering a dedicated line of decorations for the holiest month on the Islamic calendar: Ramadan, which culminates in the Eid al-Fitr celebration. The retailer, Party City, which has about 850 locations, mostly in the United States, was motivated to create the items because customers kept requesting…

California Today: Shabbat at a Wendy’s in Palm Desert

Good morning. (Want to get California Today by email? Here’s the sign-up.) PALM DESERT, Calif. — Roberta Mahler was skeptical. Celebrating Shabbat at a Wendy’s restaurant? Candles, blessings and challah mixed with burgers, fries and Frostys? It would be an unorthodox way to usher in the Jewish day of rest, to say the least. But…

Each week, Kevin Roose, technology columnist at The New York Times, discusses developments in the tech industry, offering analysis and maybe a joke or two. Want this newsletter in your inbox? Sign up here. Hello again! I’m finally getting back to a somewhat normal existence after last week’s Facebookpalooza. I even filed my taxes with…

Wells Fargo Said to Be Target of $1 Billion U.S. Fine

Federal regulators are poised to impose a $1 billion fine on Wells Fargo for years of selling unnecessary products to customers, the toughest action by the Trump administration against a major bank. The penalty, part of an expected settlement on Friday between the bank and two regulators, the Consumer Financial Protection Bureau and the Office…

(Want to get this briefing by email? Here’s the sign-up.) Good morning. Here’s what you need to know: • “What follows are notes I typed in the vehicle immediately upon exiting Trump Tower on 1/6/17.” So begins the first of a series of detailed memos that James Comey, the F.B.I. director, wrote before he was…

DENVER — It’s been 19 years since a pair of student gunmen killed 13 people at Columbine High School in Colorado, thrusting the nation into sorrow and disbelief. Many in the area will spend the day as they have in years past: visiting a memorial carved into a hillside by the high school, its red…

Good Friday morning. Here’s what we’re watching: • Wells Fargo takes another hit. • What AT&T’s Randall Stephenson said on the stand. • What Takeda has to weigh in its pursuit of Shire. Get this in your inbox each morning. Sign up here. With Wells Fargo about to face a $1 billion fine over misdeeds…