The Steinway piano company has a new owner. This fall, the investment firm Paulson & Co. — led by billionaire John Paulson — spent about $500 million and bought all of Steinway & Sons, the venerated piano maker.
The deal includes a foundry in Springfield, Ohio, where the Steinway pianos are born in fire.
The O.S. Kelly Foundry has been making Steinway's plates since 1938. The plate is the cast-iron heart of a piano: It holds the steel wire strings with 40,000 pounds of tension, the company says. It allows vibrations to arise in a concert hall as music.
A wheelchair is among debris from Superstorm Sandy in the Queens borough of New York on Nov. 13, 2012. A judge ruled Thursday that the city does not have adequate plans for evacuating people with disabilities.
A year after Superstorm Sandy stranded many New Yorkers without power for days, a federal judge has ruled that New York City's emergency plans violate the Americans with Disabilities Act. Those shortcomings, the judge found, leave almost 900,000 residents in danger, and many say the ruling could have implications for local governments across the country.
The first democratically elected president of Egypt, Mohammed Morsi, appeared in court on Monday. It was the first time he had been seen in public since the military coup that ousted him in early July. Morsi is being tried on charges of inciting murder and violence. He's become a rallying symbol for his supporters who have been protesting his ouster for more than four months. One person was killed and three others injured in the violence yesterday.
Originally published on Sat November 9, 2013 3:23 pm
Since June, documents leaked by National Security Agency contractor Edward Snowden have produced revelation upon revelation about the nation's top-secret intelligence gathering operations. The latest information, about U.S. spying on foreign leaders, has angered even some dependable U.S. allies. New York Times national security reporter Scott Shane, and Sen. Ron Wyden, D-Ore., a senior member of the Senate Intelligence Committee, discuss the latest Snowden-related leaks.
President George W. Bush and Vice President Dick Cheney left office on Jan. 20, 2009, ending a consequential — and controversial — administration. The Sept. 11, 2001, terrorist attacks, the U.S. invasions of Afghanistan and Iraq, and Hurricane Katrina were just some of the major events that challenged the administration.
Peter Baker, Chief White House Correspondent for The New York Times, covered those events in real time. But he's now taken a second look at the administration and the relationship at its heart.