The lack of reliable electricity in the developing world is widely viewed by policymakers as a major constraint on firm productivity. Yet most empirical studies find modest short-run effects of power outages on firm performance. This paper builds a dynamic macroeconomic model to study the long-run general equilibrium effects of power outages on productivity. The model captures the key features of how firms acquire electricity in the developing world, in particular the rationing of grid electricity and the possibility of self-generated electricity at higher cost. Power outages lower productivity in the model by creating idle resources, by depressing the scale of incumbent firms and by reducing entry of new firms. Consistent with the empirical literature, the model predicts that the short-run partial-equilibrium effects of eliminating outages are small. However, the long-run general-equilibrium effects are many times larger, supporting the view that eliminating outages is an important development objective.

Police discovered firefighter Lenzell Ross, 28, snoozing in his parked Tesla on the side of the Belt Parkway near Shore Parkway in Lindenwood about 2:30 a.m., authorities said.

Sometime after 911 was called, the 63-year-old victim — whose name has not been released — went into his bedroom to put out the fire. He soon passed out amid the smoke and flames, officials said. Responding firefighters and EMTs pulled him out of the apartment. "He was badly burned," said a neighbor.

Shirr Teved was inside her home near Foster Ave. in Flatbush when a fire broke out about 10:30 p.m. Monday.

The beloved 49-year-old priest, born in Mexico City, passed away Friday evening at the Wyckoff Medical Center in Brooklyn, the diocese said. Father Jorge, as he was known to worshippers, served as the diocesan coordinator of the ministry for Mexican-Americans among his other duties.

Brooklyn Borough President Eric Adams called Saturday for all New York supermarkets to offer express lane treatment for those heroic New Yorkers on the front lines of the coronavirus pandemic.

Wilfredo Cervantes, 52, an artist and poet from Puerto Rico, was found dead inside his second-floor apartment on Jefferson Ave. near Ralph Ave. in Bedford-Stuyvesant on Wednesday evening.

Wu, a former Vice President at George Mason University in Virginia, was voted in unanimously, 17-0, by the city university system’s Board of Trustees Monday night and will take office on July 1.

Students cracked open laptops or homework packets Monday morning, while parents wrangled restless kids and teachers reconnected with pupils longing for some structure after a week of aimlessness spent mostly indoors.

The Department of Health has announced that a further 18 people who had been diagnosed with Covid-19 here have died, and has also announced an additional 219 confirmed cases of the virus.

Audio recordings of two 911 calls placed moments before Ahmaud Arbery was killed confirm that at least two people were concerned that a black man was running in their Georgia neighborhood.

For more than 150 years, only male cadets were allowed to attend the Citadel, an elite military college in South Carolina. The first female cadet gained the right to enroll after a legal battle in 1995, but she left after less than a week. The following year, Nancy Mace, the daughter of US Army Brigadier General Emory Mace, enrolled. She went on to become the first female graduate of the Citadel in 1999. How did early female cadets' barrack doors differ from those of male cadets?

New Zealand Rugby has confirmed that Sam Cane will take over from Kieran Read as All Blacks skipper.

The new material could have applications in robotics and medicine.

The LIGO and Virgo observatories appear to have picked up gravitational waves from a first-of-its-kind astronomical observation.

Scientists injected CRISPR gene-editing machinery into unfertilized eggs still developing in female lizards’ ovaries.

Artifacts unearthed in Idaho challenge the idea that the first people to populate the Americas made the journey on foot around the end of the Ice Age.

The comet, 2I/Borisov, comes from another planetary system, but bears a remarkable resemblance to local space rocks.

The images confirm the species, which has been “lost” to science for 29 years, is alive and well in its native Vietnam.

The US-made carbon fiber fork lets you choose between 44mm or 52mm of rake.
( Photos: 4, Comments: 152 )

The 12-speed trickle down continues as Shimano unveils their new Deore drivetrain, along with new brakes and wheels.
( Photos: 14, Comments: 471 )

Best known for their aluminum products, Newmen's new carbon fiber wheelset is aimed at enduro riders.
( Photos: 10, Comments: 96 )

The global pandemic is shifting timelines and expectations, as brands rush to fix disrupted supply chains and adjust their product offerings in response.
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Talk about a sweet gesture. A line of DC Comics superhero chocolate bars is coming, but before you can get your hands on them, Hershey’s is first giving them out to workers on the frontlines of the coronavirus pandemic.

Between 83,000 and 190,000 people could die of COVID-19 in Africa, with 29 million to 44 million infected, in the coronavirus pandemic’s first year if containment measures do not work, the African regional office of the World Health Organization (WHO) said Thursday.

Wildfires brought evacuations in the Florida panhandle.

What's worse than power shutoffs during the coronavirus quarantine? An unplanned outage that sparks a wildfire.

The president must drop his opposition to 'globalism' in the interests of public health

This may well be the nation's "hardest, saddest" week yet of the coronavirus pandemic. But it may not be the last "worst" week.

Lakers' Anthony Davis is partnering with First Entertainment Credit Union as their first official ambassador.

We asked readers to share their experiences about what it's like dating in the middle of a pandemic. Many hope the shutdown will lead to deeper connections, and love. One unexpected upside? You don't need to wear pants -- or even shower -- for virtual dates. Here are some highlights.

The Trojans' offensive struggles continued as they fell 78-57 to the No. 20 Buffaloes at Galen Center and missed a shot at first place in the Pac-12.

Former USC quarterback and Green Bay Packers safety Willie Wood, one of the first college football players to break the color barrier and a Pro Football Hall of Famer, died Monday at age 83.

Dylan Bundy, acquired by the Angels in an offseason trade with the Baltimore Orioles, struck out four in two innings of his first Cactus League start.

Utility man David Fletcher should spell Brian Goodwin in right field often, and top prospects Jo Adell and Brandon Marsh eventually will be promoted.

Angels have fired longtime visiting clubhouse attendant Brian "Bubba" Harkins for allegedly providing illegal substances to put on baseballs

Brian "Bubba" Harkins, the Angels' longtime visitors clubhouse attendant, was fired for selling pitchers a concoction that made balls easier to grip.

The Angels fell to the Cleveland Indians in a high-scoring game, and opening day starter Andrew Heaney and right-hander Jaime Barria were roughed up.

Angels manager Joe Maddon can hardly fathom playing regular-season games in stadiums empty of fans, yet he commented from a six-foot distance of reporters.

Despite early glitches and overwhelming demand, the Small Business Administration processed more than 100,000 Paycheck Protection Program loans by more than 4,000 lenders.

The dramatic fall came before reported coronavirus cases began to surge in March, economists note, so it's only the tip of the iceberg.

Supreme Court arguments are broadcast live for the first time in history, via a phone hook-up to allow justices to hear cases during the pandemic's stay-at-home orders.

Joe Biden, the presumptive Democratic presidential nominee, will hold his first high-dollar fundraiser, featuring California Gov. Gavin Newsom.

Biden accuser Tara Reade gives her first on-camera interview since the presumptive Democratic presidential nominee unequivocally denied her claim last week.

(MedPage Today) -- Study Authors: Kristen H. Kjerulff, Ian M. Paul, et al. Target Audience and Goal Statement: Obstetrician-gynecologists, pediatricians The goal of this study was to investigate the association between mode of first delivery...

The Ducks dealt forward Ondrej Kase to the Boston Bruins in exchange for forward David Backes, prospect Axel Andersson and a 2020 first-round pick.

The Kings locked up a cornerstone piece of their future Wednesday by agreeing to terms with former first-round draft pick Alex Turcotte on a three-year entry level contract.

The Ducks signed Boston University center Trevor Zegras, whom they drafted ninth overall in 2019, to a three-year entry-level contract.

Talk about a sweet gesture. A line of DC Comics superhero chocolate bars is coming, but before you can get your hands on them, Hershey’s is first giving them out to workers on the frontlines of the coronavirus pandemic.

A.J. Pollock hit his first home run of the spring but the Dodgers dug themselves in a hole early to fall to the Arizona Diamondbacks 7-3.