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Facing a potentially ruinous recession caused by the coronavirus, the European Union seemingly drew inspiration from an unlikely figure: Alexander Hamilton. Some of the political bloc’s biggest nations — France, Italy, and Spain — are projected to contract by around 10 percent this year alone. That means widespread job losses, the decimation of industries, hungry…

(CNN)France will give health care workers across the nation $9 billion in pay raises in recognition of their work during the pandemic, the country’s Prime Minister Jean Castex has said.Castex, the Health Minister Olivier Véran and trade union representatives signed the agreement on Monday in Paris.In April, the French government said it would pay medical…

“We can’t allow folks from outside our community to lecture us about Black lives,” said a member of the New York City Council, opposing the N.Y.P.D. cuts.Protesters formed a barricade in front of City Hall Tuesday night.Credit…Diana Zeyneb Alhindawi for The New York TimesPublished June 30, 2020Updated July 1, 2020, 12:48 a.m. ETNew York City…

Adopting the proposal would make history for the bloc, vesting authority in Brussels in ways that more closely resembled a central government. Ursula von der Leyen, president of the European Commission, speaking in Brussels on Wednesday.Credit…Kenzo Tribouillard/Agence France-Presse — Getty ImagesMay 27, 2020Updated 8:16 p.m. ETBRUSSELS — For decades, even when the 2008 financial crisis…

Jeff Gennette, chairman and chief executive officer of Macy’s Inc.Mark Kauzlarich | Bloomberg via Getty ImagesMacy’s chief sees $10 billion in sales up for grabs because of the flood of retail bankruptcies taking place and accelerated due to the coronavirus pandemic. “You see certain brands today that are either going to Chapter 13 or Chapter 11,” Chief…

The initial loan rollout was marred by glitchy Web portals, a chaotic regulatory process, a frustrating lack of cooperation from big banks and a struggling bureaucracy. Some large hotel and restaurant chains received loans that were meant for Main Street businesses, prompting calls for changes.The bipartisan deal finalized Tuesday includes $250 billion for the Paycheck…

Evidence from an ancient section of the Earth’s crust suggest that Earth was once a water-world, some three billion years ago. If true, it’ll mean scientists need to reconsider some thinking around exoplanets and habitability. They’ll also need to reconsider their understanding of how life began on our planet. A new paper presents these results…


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