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Highlights

  1. DealBook Newsletter

    Ackman’s Wait for His Long-Awaited Fund Offering

    The billionaire financier’s U.S.-listed investment vehicle is facing a delay in pricing its I.P.O., the latest speed bump in its journey to the public markets.

     By Andrew Ross SorkinRavi MattuBernhard WarnerSarah KesslerMichael J. de la MercedLauren HirschEphrat LivniTheodore Schleifer and

    Bill Ackman has had to delay the I.P.O. of his latest fund amid scrutiny of a letter he wrote to some investors about its prospects.
    Bill Ackman has had to delay the I.P.O. of his latest fund amid scrutiny of a letter he wrote to some investors about its prospects.
    CreditAndrew Harnik/Associated Press
    1. DealBook Newsletter

      Why Is It So Hard for Olympic Host Cities to Control Costs?

      An Oxford study estimates that despite cost-cutting efforts, Paris is spending more than $1 billion above the Games’ historical median cost.

       By Vivienne Walt and

      The opening ceremony of the 2024 Summer Olympics featured a boat parade that ferried nearly 7,000 athletes, as well as performances by Lady Gaga and Celine Dion.
      The opening ceremony of the 2024 Summer Olympics featured a boat parade that ferried nearly 7,000 athletes, as well as performances by Lady Gaga and Celine Dion.
      CreditPool photo by Francois-Xavier Marit
    2. DealBook Newsletter

      Behind the Democrats’ Fight Over Lina Khan’s Future

      A debate over whether the F.T.C. chair should stay reflects broader anxiety over how Kamala Harris would regulate business.

       By Andrew Ross SorkinRavi MattuBernhard WarnerSarah KesslerMichael J. de la MercedLauren Hirsch and

      The debate over Lina Khan’s tenure as F.T.C. chair reflects wider anxiety over how a Kamala Harris administration would regulate business.
      The debate over Lina Khan’s tenure as F.T.C. chair reflects wider anxiety over how a Kamala Harris administration would regulate business.
      CreditHaiyun Jiang for The New York Times
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      Make sense of the latest business and policy headlines with our daily newsletter.

       

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DealBook Newsletter

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  1. Rupert Murdoch’s Game of Thrones

    The battle between the media mogul and three of his children over control of his empire has big ramifications for politics, media and more.

     By Andrew Ross SorkinRavi MattuBernhard WarnerSarah KesslerMichael J. de la MercedLauren HirschEphrat Livni and

    Control of the Murdoch family trust has pitted Rupert Murdoch, center, and his elder son, Lachlan, left, against James, right, and other children.
    CreditLeon Neal/Agence France-Presse — Getty Images
  2. Why Some Donors Are Holding Back on Endorsing Harris (for Now)

    Fear of being seen as circumventing an open nomination process is one reason that some backers have not yet publicly endorsed the vice president.

     By Andrew Ross SorkinRavi MattuBernhard WarnerSarah KesslerMichael J. de la MercedLauren Hirsch and

    Vice President Kamala Harris has secured the backing of most leading Democrats and big donors, but some worry that going too fast could backfire with voters.
    CreditErin Schaff/The New York Times
  3. With Biden’s Endorsement of Harris, What’s Next?

    Many Democrats endorsed the vice president as their party’s standard-bearer, but some donors questioned whether more competition for the role was needed.

     By Andrew Ross SorkinRavi MattuBernhard WarnerSarah KesslerMichael J. de la MercedLauren HirschEphrat Livni and

    President Biden endorsed Vice President Kamala Harris to replace him on the ticket but a number of senior Democrats and donors haven’t.
    CreditYuri Gripas for The New York Times
  4. Why Some of the Loudest Cheers for Trump Are Coming From Silicon Valley

    Elon Musk, David Sacks, Marc Andreessen and other influential figures in technology have endorsed former President Donald Trump.

     By Lauren HirschMichael J. de la Merced and

    Elon Musk reportedly plans to donate around $45 million a month to a pro-Trump super PAC.
    CreditGonzalo Fuentes/Reuters
  5. Counting the Costs of a Global IT Outage

    A “historic” tech failure alarmed investors, after a security update caused problems for Microsoft devices and services, and took down businesses worldwide.

     By Andrew Ross SorkinRavi MattuBernhard WarnerSarah KesslerMichael J. de la MercedLauren HirschEphrat Livni and

    A major IT outage involving Microsoft and CrowdStrike has caused major delays at airports around the world.
    CreditClemens Bilan/EPA, via Shutterstock

DealBook Summit

More in DealBook Summit ›
  1. Elon Musk’s Mindset: ‘It’s a Weakness to Want to Be Liked’

    In an interview, the tech billionaire slams advertisers for pulling back from X and discusses his emotional state.

     By Andrew Ross SorkinEvan RobertsElaine ChenDan Powell and

    Credit
  2. Kamala Harris on Polling and Polarization

    In an interview, the vice president discusses the extent to which she follows polls and why social division is like a virus.

     By Andrew Ross SorkinEvan RobertsElaine ChenDan Powell and

    Credit
  3. Jamie Dimon on Why He Thinks We Are Living in One of the Most Dangerous Times

    The JP Morgan chief on E.S.G., the dire state of the global economy and Elon Musk.

     By Andrew Ross SorkinEvan RobertsElaine ChenDan Powell and

    Credit
  4. Bob Iger of Disney on Culture Wars and Streaming

    The chief executive talks about returning to the company’s roots while adapting to changing times.

     By Andrew Ross SorkinEvan RobertsElaine ChenDan Powell and

    Credit
  5. How Andrew Ross Sorkin Gets Business and World Leaders to Open Up

    The many sides of Elon Musk, the challenges of political interviews, warming up guests beforehand — we take you behind the scenes of the DealBook Summit.

     By Andrew Ross SorkinLulu Garcia-NavarroEvan RobertsElaine Chen and

    Andrew Ross Sorkin with vice president Kamala Harris during the DealBook Summit at Lincoln Center in New York City.
    Credit

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DealBook: A Special Section

More in DealBook: A Special Section ›
  1. At the DealBook Summit, Leaders Contend With an ‘Existential Moment’

    Even leaders who usually display unrestrained confidence expressed anxiety about the state of the world.

     By

    CreditIllustration by Israel Vargas. Photographs by Mario Anzuoni/Reuters, Kenny Holston/The New York Times, Drew Angerer/Getty Images, Jackie Molloy for The New York Times, Coley Brown for The New York Times, Philip Cheung for The New York Times, Alain Jocard/Agence France-Presse via Getty Images, Emily Berl for The New York Times, Ritchie B Tongo/EPA, via Shutterstock, Getty Images, Chip Somodevilla/Getty Images, Michael Tran/Agence France-Presse via Getty Images, Jared C. Tilton/Getty Images, Madeleine Hordinski for The New York Times
  2. The 2024 Election Will Be Unlike Any Other. Is the Media Ready?

    Journalists are facing “deep fakes,” sagging trust, global unrest and an unprecedented Trump campaign being run “from the courthouse steps.”

     By

    President Biden talking to reporters last week. Every presidential election cycle in recent memory has been shaped by the emergence of a new technology or the exploitation of an existing one. But 2024 will be more complicated.
    CreditErin Schaff/The New York Times
  3. Addressing the Tensions Between China and the Rest of the World

    U.S.-China trade is at a record high, but businesses and governments are wrestling with how to balance national security and commercial interests.

     By

    President Biden and President Xi Jinping of China during their meeting last month in California. Both men spoke of the need to avoid conflict.
    CreditDoug Mills/The New York Times
  4. In the Creator Economy, There Is Money to Be Made

    People from all types of backgrounds have become stars — and it’s a trend that’s expected to get even bigger and make them even richer in years to come.

     By

    Name, image and likeness deals have allowed college athletes, like Olivia Dunne, a gymnast at Louisiana State University, to participate in the creator economy.
    CreditAnnie Flanagan for The New York Times
  5. Silicon Valley Confronts a Grim New A.I. Metric

    Where do you fall on the doom scale — is artificial intelligence a threat to humankind? And if so, how high is the risk?

     By

    Dario Amodei demonstrates how the use of simple video games can be used to train the A.I. bots.
    CreditChristie Hemm Klok for The New York Times
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  3. A Digital Coin Based on Baby Trump? Yup.

    One of the wildest, most scam-ridden corners of the cryptocurrency industry — memecoins, which are rooted in internet memes — has roared back.

    By David Yaffe-Bellany

     
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  9. DealBook Newsletter

    Why Tesla Is Still Struggling

    Sluggish car sales and a tough price war with rivals are weighing on Elon Musk’s electric vehicle company.

    By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni

     
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  16. Netflix Adds 8 Million Subscribers

    Shows like “Bridgerton” and “The Roast of Tom Brady” performed well for the streaming service, which now has 278 million subscribers worldwide.

    By Nicole Sperling

     
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  18. DealBook Newsletter

    How Musk May Influence Trump Policy

    Space, electric vehicles, artificial intelligence: The tech mogul could influence policy in these areas and others should Donald Trump win re-election.

    By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni

     
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  21. DealBook Newsletter

    The Fed Under Trump 2.0

    Donald Trump says he will not fire Jay Powell as chair of the central bank if he is re-elected president, after threatening to do so. But whether the president even has the authority is open to question.

    By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch, Ephrat Livni and Jeanna Smialek

     
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  28. DealBook Newsletter

    The New Calculus for Democrats and Donors: Is Trump Unbeatable?

    The shooting of Donald Trump has galvanized his campaign, prompted Elon Musk to endorse him and forced Democrats to rethink plans to oust President Biden.

    By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni

     
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  31. DealBOok Newsletter

    What if the A.I. Boosters Are Wrong?

    A skeptical paper by Daron Acemoglu, a labor economist at M.I.T., has triggered a heated debate over whether artificial intelligence will supercharge productivity.

    By Bernhard Warner and Sarah Kessler

     
  32. The End of the Affair? Not for Eric Schmidt.

    While Mr. Schmidt was chief executive of Google, he had an extramarital relationship with Marcy Simon, a public relations executive. A decade after they split, things are still messy.

    By John Carreyrou

     
  33. DealBook Newsletter

    Did Biden Do Enough?

    The president’s performance in Thursday’s news conference at the NATO summit may not have been enough to calm Democratic donors and officials.

    By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni

     
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  36. DealBook Newsletter

    After a Bruising Day, Biden Faces a New Test

    Fresh calls from lawmakers and donors to step down have increased pressure on the president, as he prepares to hold a crucial news conference.

    By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni

     
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  38. DealBook Newsletter

    Powell Cheers Markets Looking for Signs on Rate Cuts

    The S&P 500 winning streak rolled on after the Fed chair made encouraging comments about inflation and the state of the labor market.

    By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni

     
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  41. DealBook Newsletter

    Biden Pushes Back Against Big Donors

    The president’s joined a call intended to soothe wealthy backers’ worries and tried to shift the focus to attacking Donald Trump.

    By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni

     
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  43. DealBook Newsletter

    Biden’s Wall Street Donors Are Increasingly ‘Concerned’

    Major backers in finance spent the weekend discussing whether to stick with the president, or to call on him to withdraw.

    By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch, Ephrat Livni, Vivienne Walt and Benjamin Mullin

     
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  51. DealBook Newsletter

    If Not President Biden, Then Who?

    Democrats and donors are pondering who could be the best alternative to take on Donald Trump after faltering attempts to calm nerves following last week’s debate.

    By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch, Ephrat Livni and Benjamin Mullin

     
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  54. DealBook Newsletter

    Should a Gusher of Donations Calm Democrats?

    President Biden’s campaign said it had raised $127 million last month, but big donors are still anxious after his debate performance.

    By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni

     
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  57. DealBook Newsletter

    What Will Biden Donors Do Now?

    Some wealthy supporters have offered positive assessments of the president after his disastrous debate, but others worry that the ticket is on the path to defeat.

    By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni

     
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  61. DealBook Newsletter

    Democratic Donors’ Big Question: What’s Plan B?

    An unsteady debate performance by President Biden has scrambled the thinking among some donors about whether the party needs to find an alternative.

    By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni

     
  62. DealBook Newsletter

    A Debate Cheat Sheet for Business

    Tax policy, inflation, the economy and markets will be some key issues for corporate America and Wall Street in tonight’s showdown between President Biden and Donald Trump.

    By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni

     
  63. DealBook Newsletter

    Why Many C.E.O.s Are Silent on the Biden-Trump Rematch

    The C-suite has been relatively quiet about the presidential election, as executives fear becoming a political target.

    By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni

     
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  65. DealBook Newsletter

    Inside Nvidia’s $500 Billion Wipeout

    The chipmaker’s stock has tumbled in recent days, a reminder that the artificial intelligence stock boom could be tough to sustain.

    By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni

     
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    Apple’s European Headache

    The iPhone maker is the first U.S. tech giant charged with breaching the European Union’s Digital Markets Act, potentially exposing it to huge fines.

    By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni

     
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  73. DealBook Newsletter

    Going After the Middleman

    Assistant Attorney General Jonathan Kanter, the Justice Department’s top antitrust official, talked with DealBook about the agency’s focus on middlemen companies and the challenge of A.I.

    By Lauren Hirsch and Sarah Kessler

     
  74. DealBook Newsletter

    How Billionaires Are Reshaping the Presidential Race

    Wealthy donors including Timothy Mellon helped Donald Trump’s campaign out-raise President Biden’s last month, but Democratic supporters are still spending.

    By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni

     
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    Inside Elon Musk’s Mission to Win Back Advertisers

    The billionaire met with senior brand executives at the Cannes Lions advertising festival this week, after crudely telling them off last year.

    By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni

     
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    Boeing’s Bumpy Ride Isn’t Over

    Dave Calhoun, the embattled company’s C.E.O., heads to Capitol Hill amid new whistle-blower accusations and questions over succession.

    By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni

     
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  87. DealBook Newsletter

    Is Social Media the New Tobacco?

    Vivek Murthy, the U.S. surgeon general, wants warning labels on the tech platforms, arguing that they are fueling a mental health crisis among teens.

    By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch, Ephrat Livni and Vivienne Walt

     
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  89. DealBOok Newsletter

    The Business of Being Lorne Michaels

    For 50 years, Michaels has managed both the weekly circus of producing “Saturday Night Live” and the broader task of keeping it relevant. How does he do it?

    By Lauren Hirsch

     
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  91. DealBook Newsletter

    What Elon Musk’s Convincing Win Means for Tesla

    Investors voted overwhelmingly to reinstate the C.E.O.’s multibillion-dollar compensation package, inextricably tying the car maker’s future to the tech billionaire.

    By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni

     
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    Why Investors Don’t Believe the Fed

    Markets appear to be dismissing the central bank’s more pessimistic take on inflation, as the S&P 500 nears a new high.

    By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch, Ephrat Livni, Benjamin Mullin and Vivienne Walt

     
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