A Cold War Era Dispute Between Venezuela and Guyana Complicates U.S. Relations
World

A Cold War Era Dispute Between Venezuela and Guyana Complicates U.S. Relations

It was the depths of the Cold War in the 1960s, and Caracas was on edge.Marxist guerrillas in Venezuela were getting weapons and training from Cuba’s Fidel Castro. Along Venezuela’s eastern border, anticolonial leaders in what was then British Guiana were agitating for independence.Alarmed that a Guyanese leader could create a Cuban beachhead in South America, Venezuela’s staunchly anti-Communist president, Rómulo Betancourt, came up with a strategy, which blunted the independence push: At the United Nations, his government resurrected a long-festering claim to more than half of Guyana’s territory.Now the dispute over Essequibo — an oil-rich, Guyanese region nearly the size of Florida — has flared back to life. This month, Venezuela’s president, Nicolás Maduro, unveiled new maps displaying...
Just How Rich Were the McCallisters in ‘Home Alone’?
Business

Just How Rich Were the McCallisters in ‘Home Alone’?

The battle in “Home Alone” between 8-year-old Kevin McCallister (Macaulay Culkin) and two burglars known as the Wet Bandits has unfolded on screens around the world every Christmas since the film premiered in 1990.And each year, for some viewers, the McCallisters’ grand home and lifestyle inspires its own tradition: wondering just how rich this family was.The New York Times turned to economists and people involved with the film to find the answer.The McCallisters are the 1 Percent.Early in the film, one of the burglars, Harry (Joe Pesci), tells his fellow Wet Bandit, Marv (Daniel Stern), that the McCallister home is their top target in a wealthy neighborhood.“That’s the one, Marv, that’s the silver tuna,” Harry says, before speculating that the house contains a lot of “top-flight goods,” i...
New Jersey Deli Scheme Leads to Securities Fraud Guilty Plea
Technology

New Jersey Deli Scheme Leads to Securities Fraud Guilty Plea

A man involved in a brazen plot to manipulate the stock price of a New Jersey deli’s parent company pleaded guilty to securities fraud on Wednesday.James T. Patten, 64, of North Carolina, admitted to orchestrating a series of misleading trades in an apparent bid to enrich himself and two co-defendants in U.S. District Court in Camden, N.J.Mr. Patten faces up to 20 years in prison and a fine of up to $5 million for securities fraud. He also pleaded guilty to a charge of conspiracy to commit securities fraud, which carries a maximum sentence of five years in prison and a fine of up to $250,000.Mr. Patten’s lawyer, Ira Lee Sorkin, said in an interview on Wednesday that attention on the case “was exaggerated beyond any perception — that this was some $100 million fraud involving a delicatessen...
Football conspiracy theories: Are we in a ‘golden age’ of fan paranoia?
Sports

Football conspiracy theories: Are we in a ‘golden age’ of fan paranoia?

One of the most eye-catching bios on X, or Twitter as we all know it, belonged to a sports writer with one of the UK’s biggest national newspapers. It was plain and simple and boiled down to five words: “Biased against your football club.”Which is true. If you’ve followed football for any length of time, then you know that every arm of the media is out to get the club you support. You should see The Athletic’s morning meetings where we plot against the teams we most want to stitch up (all of them, obviously). Just because you’re paranoid doesn’t mean we aren’t trying to get Mikel Arteta banned from the touchline. Or perpetuating bias in favour of London. Or scheming for more points deductions at Everton. It’s All the President’s Men meets 24.Truthfully, more attention is paid to the subsid...
Behind the Shortage Keeping Cancer Patients From Chemo
Health

Behind the Shortage Keeping Cancer Patients From Chemo

Stephanie Scanlan learned about the shortages of basic chemotherapy drugs this spring in the most frightening way. Two of the three drugs typically used to treat her rare bone cancer were too scarce. She would have to go forward without them.Ms. Scanlan, 56, the manager of a busy state office in Tallahassee, Fla., had sought the drugs for months as the cancer spread from her wrist to her rib to her spine. By summer it was clear that her left wrist and hand would need to be amputated.“I’m scared to death,” she said as she faced the surgery. “This is America. Why are we having to choose who we save?”The disruption this year in supplies of key chemotherapy drugs has realized the worst fears of patients — and of the broader health system — because some people with aggressive cancers have been ...
Latest Israel-Hamas War and Gaza News: Live Updates
World

Latest Israel-Hamas War and Gaza News: Live Updates

There was a noticeable absence among the participating countries when Secretary of Defense Lloyd J. Austin III announced that the United States was organizing a new naval task force to confront the threat from Yemen’s Houthi militia marauding against global shipping in the Red Sea.No regional power agreed that its navy would participate. The only Middle Eastern country taking part is the tiny island state of Bahrain, and there was otherwise conspicuous silence from regional capitals.Many Arab countries depend heavily on the trade that flows through the Red Sea, from the Suez Canal in the north to the Bab-al-Mandeb Strait that Yemen abuts in the south. But with the United States’ repeated and vocal announcements of support for Israel’s war in the Gaza Strip fomenting anger among Arab popula...
Wall Street’s Bond ‘Vigilantes’ Are Back
Business

Wall Street’s Bond ‘Vigilantes’ Are Back

Typically, the esoteric inner workings of finance and the very public stakes of government spending are viewed as separate spheres.And bond trading is ordinarily a tidy arena driven by mechanical bets about where the economy and interest rates will be months or years from now.But those separations and that sense of order changed this year as a gargantuan, chaotic battle was waged by traders in the nearly $27 trillion Treasury bond market — the place where the U.S. government goes to borrow.In the summer and fall, many investors worried that federal deficits were rising so rapidly that the government would flood the market with Treasury debt that would be met with meager demand. They believed that deficits were a key source of inflation that would erode future returns on any U.S. bonds they...
NASA Streams Cat Video From Deep, Deep Space
Technology

NASA Streams Cat Video From Deep, Deep Space

On Dec. 11, NASA engineers anxiously gathered at the Jet Propulsion Laboratory in Pasadena, Calif., to view a cat video, wondering if it would be in the pristine high definition for which they had hoped.To their relief, it was. For the first time, high-definition video — this one of a lab employee’s cat named Taters — was streamed from 18.6 million miles away, or roughly 80 times the distance from the Earth to the moon, the farthest ever.The demonstration was part of NASA’s Deep Space Optical Communications experiment, aimed at improving the infrastructure for communication beyond the Earth’s orbit. As one example, if humans are to go to Mars, the need exists for larger amounts of data to be transmitted over a longer distance. This demonstration marked another step toward such a possibilit...
Sean Payton’s flare-up at Russell Wilson puts coach-QB relationship back in spotlight
Sports

Sean Payton’s flare-up at Russell Wilson puts coach-QB relationship back in spotlight

(Editor’s note: This is excerpted from Mike Sando’s Pick Six of Dec. 18, 2023.)Sean Payton blasting quarterback Russell Wilson on the sideline, then suggesting he was merely upset about officiating, invited all sorts of speculation.It’s hard to fault Payton for losing his cool when officials wiped out a Broncos touchdown with an offensive offside call that seemed indefensible. As one former head coach put it, officials have “lost their minds” searching for penalties associated with Philadelphia’s tush-push plays.It’s just difficult to understand why Payton would funnel any of that rage toward his quarterback.GO DEEPERSean Payton downplays sideline flare up with Russell WilsonThe nature of Payton’s relationship with Wilson faded into the background during a five-game winning streak fueled b...
Tongue-Tie Releases: What Parents Should Know
Health

Tongue-Tie Releases: What Parents Should Know

It’s an increasingly common scenario faced by new mothers across the country: A lactation consultant examines their newborn and suggests that cutting a “tongue-tie” may ease their difficulty breastfeeding.The quick procedure, known as a tongue-tie release, involves a dentist or doctor snipping a tight band of tissue connecting the tongue to the bottom of the mouth. In recent years, lactation consultants and dentists have aggressively promoted the procedures, even for babies with no signs of real tongue-ties and despite a modest risk of complications, a New York Times investigation recently found.Many parents, anxious and exhausted, agonize over whether to go through with the procedure, which is often done with a dental laser. Dentists, lactation consultants and pediatricians often disagree...