A $4.5 million project at the Morgan Library & Museum will restore the building designed by Charles McKim in 1906 to house J. P. Morgan’s personal office and library.

At the Morgan, Gently Restoring a Treasure-Filled Building

Peter A. Chernin, the subject of much speculation since his departure from the News Corporation, appears to be building his own ambitious media enterprise.

For Chernin, an Empire of His Own

The International Monetary Fund recently persuaded the European Union to put up more cash and give Greece time to push through spending cuts.

I.M.F. Plays Deal Maker in Europe

As it tries to fend off rivals like Google, Microsoft will provide a free online version of its new Office software.

Revamped Microsoft Office Will Be Free on the Web

Regulators reviewing the stock market free fall last Thursday are examining heavy selling in the market for stock-index futures by a single trader, beginning 10 minutes before stocks began to plummet.

Regulators Dissect Trades, Searching for Cause of Plunge 

If Elena Kagan is confirmed, the court will have four justices from New York City, the most in its history.

A New York Bloc on the Supreme Court

A year after leaving the Republican Party, Senator Arlen Specter is fighting rejection at the hands of Democrats.

Specter, After Shift, Faces Fire From Both Sides

The U.S. and Greece have governments bigger than they are paying for, and it cannot be blamed all on politicians.

In Greek Debt Crisis, Some See Parallels to U.S.

Consumer advocates say car dealers should be included in the new legislation for financial reforms.

A Proposal to End Shady Car Dealers

Seven children and two adults were hacked to death at a kindergarten in the latest attack in a Chinese school.

Fifth Deadly Attack on a School Haunts China

In his first pledge at the helm of the treasury, George Osborne said he planned to significantly accelerate efforts to reduce spending in Britain.

Deficit Cuts Promised in Britain

The rise in street stops by the New York City police has fueled an intense debate about the propriety of the tactic.

New York Minorities More Likely to Be Frisked

Officials said Wednesday that new plans involving work on a safety device called a blowout preventer could move them closer to halting the oil spill.

BP Sees Hope for Solution in Capping Spill in the Gulf

Festivals may usually be for summer, but Lincoln Center sees an opportunity in a fall program that will focus on the “interior universe.”

Lincoln Center Fall Festival to Focus on the Spiritual

The Newsweek columnist Jonathan Alter looks at how President Obama runs the White House.

Penetrating the Process of Obama’s Decisions

The must-have item takes its name from a lead character in “M*A*S*H.”

Houlihan, Reporting for Duty

Michael Paul Stephenson turns his role in a low-budget horror movie into “Best Worst Movie,” a documentary on its fans.

That Film May Be Trash, but You Can Still Recycle It

Sarah Ruhl’s “Passion Play” is an epic-length but light-spirited romp through several centuries of religious pageantry, individual morality and global politics.

The Intersection of Fantasy and Faith

“The Mourners” offers viewers at the Metropolitan Museum a rare chance to study these sculptures more closely than in their normal setting in Dijon, France.

At the Met, Portraits of Grief, Written in Stone

You only live once, but your possessions may have many lives thanks to flea market vendors.

They Stalk the Banded Mink

After governing New Jersey and running Goldman Sachs, Jon Corzine is looking for a shot at redemption by building a small brokerage firm.

Corzine Starting Small in Bid for Redemption

Kellan Lutz and his gifted abs are in Calvin Klein underwear ads. He wouldn’t mind following Mark Wahlberg’s post-Calvin career path.

Stretching a Six-Pack

Corrections

As voice becomes an afterthought, former handset leaders like Nokia and Motorola are suffering.

Shifting Fortunes of Cellphones

To the Editor: Christopher Vourlias’s report on “Burundi’s Freewheeling Nights” (May 2) brought back memories of Bujumbura in the mid-1980s. The country’s last genocide lay 12 years in the past, and the next great bloodletting wouldn’t happen for another decade. AIDS still lurked quietly below the surface, not quite ready to take its toll on Burundi’s population. In those fin d’époque days, patrons packed clubs like Africa Nights or the Black & White run by Buddy, a portly and far more congenial version of Casablanca’s Rick. Like some doomed Victorian heroine, Bujumbura’s attraction has always been its combination of the tragic and the tempting.

Letter: Memories of Burundi

Afriqiyah Airways Flight 771 was a scheduled international Afriqiyah Airways passenger flight from Johannesburg, South Africa to Tripoli, Libya. On 12 May 2010 at about 06:01 local time while on approach to Tripoli International Airport, the aircraft operating the flight, an Airbus A330-200, crashed about 1,200 metres short of the runway. Of the 104 passengers and crew on board, 103 were killed. The sole survivor was a 9-year-old Dutch boy.

Afriqiyah Airways Flight 771 crashes on final approach to Tripoli International Airport in Tripoli, Libya, killing 103 out of the 104 people on board.

May 12, 2010

Headlines from May 12, 2010

At the Morgan, Gently Restoring a Treasure-Filled Building

For Chernin, an Empire of His Own

I.M.F. Plays Deal Maker in Europe

Revamped Microsoft Office Will Be Free on the Web

Regulators Dissect Trades, Searching for Cause of Plunge

Billboard 200

B.o.B Presents: The Adventures Of Bobby Ray

Need You Now

Fever

My World 2.0

Iron Man 2 (Soundtrack)

Historical Events

Historical Context for May 12, 2010