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   DealBook: Shutdown stakes
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             September 30, 2025
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          Good morning. Andrew here. We’ve seen this movie before: Right before midnight, as a government shutdown looms, one side blinks and a deal is reached. That’s what usually happens.
         </span>
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        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
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          Things might end differently tonight, and it increasingly looks like we might have the first government shutdown in years, with serious implications. We’ve got a full rundown on the state of talks and what comes next below. (Was this newsletter forwarded to you?
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          Sign up here.
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          )
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             Republicans including President JD Vance said that negotiations on health care subsidies, a key Democratic demand, would happen only if Congress first passes a government funding bill.
            </span>
            <span style="margin:0;font:11px/11px georgia,serif;color:#888;letter-spacing:.01em">
             Doug Mills/The New York Times
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        <h2 class="css-10nzuqq" style="color:#000;font:700 25px/32px arial,sans-serif;margin:0 0 10px">
         <span>
          “I think we’re headed into a shutdown”
         </span>
        </h2>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          Washington is hours away from a government shutdown, and efforts to avoid it have failed so far.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          The markets have been through shutdowns before, mostly with little long-term damage. But government observers say that this time could be different — and it’s coming at a delicate moment for the economy.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          The latest:
         </span>
         <span>
          A meeting yesterday between President Trump and congressional leaders
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          failed to end a stalemate
         </a>
         <span>
          over federal funding. (Given Republicans’ slim majority in the Senate, Democratic votes are needed to bypass a filibuster for a stopgap spending bill.)
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          Democrats want provisions
         </a>
         <span>
          to extend subsidies for Obamacare insurance plans set to expire at year end and to restore some Medicaid funding that was cut by Republicans’ big domestic policy and tax bill. Republicans said they were willing to negotiate on health care spending, but want to pass the continuing resolution first.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          What’s at stake:
         </span>
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               <span style="font:normal 17px/25px georgia,serif;vertical-align:middle">
                The Trump administration has
               </span>
               <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font:normal 17px/25px georgia,serif;vertical-align:middle">
                threatened to fire
               </a>
               <span style="font:normal 17px/25px georgia,serif;vertical-align:middle">
                — not furlough — scores of government workers, which is seen as both political brinkmanship and a way to advance its efforts to drastically reduce the size of the federal government. (Furloughs normally
               </span>
               <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font:normal 17px/25px georgia,serif;vertical-align:middle">
                don’t affect unemployment numbers
               </a>
               <span style="font:normal 17px/25px georgia,serif;vertical-align:middle">
                , but layoffs would.)
               </span>
              </li>
              <li style="margin:0 0 10px 0;line-height:27.5px">
               <span style="font:normal 17px/25px georgia,serif;vertical-align:middle">
                There’s also the question of whether Democrats are right that the country faces a health care “crisis,” potentially in the form of
               </span>
               <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font:normal 17px/25px georgia,serif;vertical-align:middle">
                significantly higher premiums
               </a>
               <span style="font:normal 17px/25px georgia,serif;vertical-align:middle">
                for about 20 million Americans who buy insurance via Affordable Care Act exchanges, Politico notes. Republicans like Vice President JD Vance counter that these are “policy disagreements.”
               </span>
              </li>
              <li style="margin:0 0 10px 0;line-height:27.5px">
               <span style="font:normal 17px/25px georgia,serif;vertical-align:middle">
                A shutdown could also affect the
               </span>
               <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font:normal 17px/25px georgia,serif;vertical-align:middle">
                release of government data
               </a>
               <span style="font:normal 17px/25px georgia,serif;vertical-align:middle">
                , including the September jobs numbers that the Labor Department is set to release on Friday and monthly economic indicators from the U.S. Census Bureau.
               </span>
              </li>
              <li style="margin:0 0 10px 0;line-height:27.5px">
               <span style="font:normal 17px/25px georgia,serif;vertical-align:middle">
                A prolonged shutdown could erode investor confidence at a time when some analysts worry that stock valuations
               </span>
               <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font:normal 17px/25px georgia,serif;vertical-align:middle">
                have gotten too high
               </a>
               <span style="font:normal 17px/25px georgia,serif;vertical-align:middle">
                . “The characteristics of this rally do worry me a little bit, and it feels a little late inning,” Nate Thooft of Manulife Investment Management told The Wall Street Journal. (Gold prices
               </span>
               <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font:normal 17px/25px georgia,serif;vertical-align:middle">
                are soaring
               </a>
               <span style="font:normal 17px/25px georgia,serif;vertical-align:middle">
                .)
               </span>
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          What
         </a>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-style:italic">
          isn’t
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          happening:
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         <span>
          Democrats risking a shutdown to fund free health care for unauthorized immigrants.
         </span>
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        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          The prognosis for avoiding a shutdown: not good.
         </span>
         <span>
          “I think we’re headed into a shutdown because Democrats won’t do the right thing,” Vance told reporters.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          Hakeem Jeffries, the House minority leader, said of Republican promises to discuss health care funding only after the passage of a continuing resolution, “To kick the can down the road and expect us to take a Hail Mary promise, that’s unreasonable.”
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            <span>
             HERE’S WHAT’S HAPPENING
            </span>
           </h3>
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        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          California enacts a new A.I. safety law.
         </span>
         <span>
          The state’s
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          broad new rules
         </a>
         <span>
          require artificial intelligence companies to report the safety protocols used in developing their most advanced software and the greatest risks posed by their technology. The law is expected to escalate a conflict between states seeking to regulate A.I. and tech companies pushing back against a proliferation of such laws; those include Google, Meta and OpenAI, as well as venture capital firms like Andreessen Horowitz.
         </span>
        </p>
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        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          The Trump administration moves to make another attack on Harvard.
         </span>
         <span>
          The Health and Human Services Department said the
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          university could face debarment
         </a>
         <span>
          , which would prevent the school from receiving future research grants, essentially prohibiting it from doing business with the government. It’s the latest effort by the administration to pressure Harvard as the two sides struggle to negotiate a settlement over the government’s campaign against the institution.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          The founder of the fintech start-up Frank is sentenced to 85 months in prison for fraud.
         </span>
         <span>
          Prosecutors had sought an even higher sentence
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          for Charlie Javice
         </a>
         <span>
          , who was convicted in March of providing fake customer lists to raise the value of the business when she sold it to JPMorgan Chase in 2021. (JPMorgan paid $175 million.) “I have remorse deeper than I knew possible,” Javice said during a hearing yesterday.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          Boeing is said to be developing a successor to the 737 Max jet.
         </span>
         <span>
          The plane maker
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          has taken steps
         </a>
         <span>
          including drawing up plans for a new narrow-body plane and discussing engines with Rolls-Royce, according to The Wall Street Journal. A replacement for the troubled 737 Max could help Boeing turn the page on one of its worst chapters, with the model involved in two deadly crashes that led to its grounding in 2019.
         </span>
        </p>
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           </td>
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        </table>
        <table border="0" cellpadding="0" cellspacing="0" style="width:100%">
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           <td>
            <div style="width:100%;text-align:center;line-height:0">
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        <h2 class="css-10nzuqq" style="color:#000;font:700 25px/32px arial,sans-serif;margin:0 0 10px">
         <span>
          The soybean squeeze
         </span>
        </h2>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          Shutdown politics and Washington gridlock could torpedo President Trump’s effort to help farmers amid his escalating trade war.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          The latest fallout involves soybeans. The harvest is underway, but China is
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          not buying
         </a>
         <span>
          , and farmers are bracing for overflowing stockpiles, Grady McGregor reports. “Frustration is mounting,” said Caleb Ragland, the president of the American Soybean Association.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          China has long viewed American farmers as a weak link in Trump’s trade fight.
         </span>
         <span>
          In 2018, China imposed a
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          tit-for-tat tariff
         </a>
         <span>
          on soybeans. Trump eventually doled out
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          $28 billion
         </a>
         <span>
          in aid to farmers affected by that trade war.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          Then, Trump relied partly on
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          Agriculture Department funds
         </a>
         <span>
          to pay them. His
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          new idea
         </a>
         <span>
          : “We’re going to take some of that tariff money that we made, we’re going to give it to our farmers, who are, for a little while, going to be hurt until the tariffs kick into their benefit,” he told reporters last week.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          It’s not that simple, Republicans concede.
         </span>
         <span>
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          Senator John Thune
         </a>
         <span>
          , the majority leader, said on NBC’s “Meet the Press” on Sunday that farm aid would be needed, and that tariffs could help pay for it. But Representative
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          Glenn Thompson,
         </a>
         <span>
          Republican of Pennsylvania and chair of the House Agriculture Committee, said this month that such a move would be difficult.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          One obstacle? The move
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          would probably require
         </a>
         <span>
          Congress to approve matching spending cuts, which is unlikely with the government potentially on the brink of a shutdown. “It’s something that doesn’t mechanically work as well as it sounds on the surface,” one Republican aide, who was not authorized to speak publicly on the matter, told DealBook.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          Agriculture lobbyists are pushing for a trade deal with China that would guarantee American farmers access to the Chinese market.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          But Trump has less leverage with China here,
         </span>
         <span>
          analysts say. Since Trump’s first term, China has spent years
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          building agricultural ties
         </a>
         <span>
          with countries like Argentina and Brazil. (Given that, some Republican lawmakers
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          and lobbyists
         </a>
         <span>
          have fumed that the Trump administration is
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          weighing a $20 billion financial bailout
         </a>
         <span>
          for Argentina as they see the country cozying up to China and potentially takingmarket share from the U.S.)
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          “China’s leverage is definitely higher now than a decade ago,” Darin Friedrichs, director of agriculture market research at Sitonia Consulting, told DealBook.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          The stakes are high for U.S. farmers.
         </span>
         <span>
          They could lose their
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline">
          biggest buyer
         </a>
         <span>
          — China bought $12.6 billion in American soybeans last year. “These markets don’t come back overnight,” Senator Amy Klobuchar, Democrat of Minnesota and a member of the Senate Committee on Agriculture, Nutrition and Forestry, told DealBook.
         </span>
        </p>
        <div style="margin:0 auto;max-width:600px;width:100%">
         <table>
          <tbody>
           <tr>
            <td style="padding:0 0 5px">
             <ul class="css-1dtd48z" style="color:#000;font:20px georgia,serif;text-align:left;padding-left:50px;list-style-type:square;margin-bottom:10px">
              <li style="margin:0 0 10px 0;line-height:27.5px">
               <span style="font:normal 17px/25px georgia,serif;vertical-align:middle">
                In related news: The Trump administration said yesterday that 10 percent tariffs on timber and lumber, and 25 percent duties on kitchen cabinets, bathroom vanities and upholstered furniture
               </span>
               <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font:normal 17px/25px georgia,serif;vertical-align:middle">
                would go into effect on Oct. 14
               </a>
               <span style="font:normal 17px/25px georgia,serif;vertical-align:middle">
                — and not as early as tomorrow, as Trump wrote on social media last week. (Some of those levies are set to rise on Jan. 1.) Separately, some small businesses are
               </span>
               <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font:normal 17px/25px georgia,serif;vertical-align:middle">
                getting especially walloped
               </a>
               <span style="font:normal 17px/25px georgia,serif;vertical-align:middle">
                by Trump’s tariffs.
               </span>
              </li>
             </ul>
            </td>
           </tr>
          </tbody>
         </table>
        </div>
        <table width="100%">
         <tbody>
          <tr>
           <td class="css-36ugzx" style="padding-bottom:15px">
           </td>
          </tr>
          <tr>
           <td style="border-top:1px solid #dcdcdc;padding-bottom:15px">
           </td>
          </tr>
         </tbody>
        </table>
        <h2 class="css-10nzuqq" style="color:#000;font:700 25px/32px arial,sans-serif;margin:0 0 10px">
         <span>
          “We find some of his arguments questionable, others incomplete and almost none persuasive.”
         </span>
        </h2>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-style:italic">
          — Michael Feroli, the chief U.S. economist at JPMorgan Chase, on Wall Street’s response to the first major policy speech by Stephen Miran, the newest Fed governor. President Trump’s appointee has
         </span>
         <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-style:italic">
          pushed for steep and speedy interest-rate cuts
         </a>
         <span style="font-style:italic">
          , while many of his colleagues at the central bank have urged caution in the face of rising inflation.
         </span>
        </p>
        <table width="100%">
         <tbody>
          <tr>
           <td class="css-36ugzx" style="padding-bottom:15px">
           </td>
          </tr>
          <tr>
           <td style="border-top:1px solid #dcdcdc;padding-bottom:15px">
           </td>
          </tr>
         </tbody>
        </table>
        <h2 class="css-10nzuqq" style="color:#000;font:700 25px/32px arial,sans-serif;margin:0 0 10px">
         <span>
          YouTube’s Trump hit
         </span>
        </h2>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          Tech executives have had a prime seat at some of President Trump’s biggest moments this year, including Inauguration Day and the state dinner this month at Windsor Castle. But that proximity hasn’t shielded them entirely from the president’s broadsides.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          The latest:
         </span>
         <span>
          YouTube agreed yesterday to pay $24.5 million to settle a federal lawsuit that Trump brought in 2021 after the Google subsidiary suspended his account following the Jan. 6 riot that year in Washington. Consider:
         </span>
        </p>
        <div style="margin:0 auto;max-width:600px;width:100%">
         <table>
          <tbody>
           <tr>
            <td style="padding:0 0 5px">
             <ul class="css-1dtd48z" style="color:#000;font:20px georgia,serif;text-align:left;padding-left:50px;list-style-type:square;margin-bottom:10px">
              <li style="margin:0 0 10px 0;line-height:27.5px">
               <span style="font:normal 17px/25px georgia,serif;vertical-align:middle">
                YouTube is the last of three tech giants to reach a deal this year.
               </span>
              </li>
              <li style="margin:0 0 10px 0;line-height:27.5px">
               <span style="font:normal 17px/25px georgia,serif;vertical-align:middle">
                In January, Meta agreed to pay $25 million; Elon Musk’s X (formerly Twitter) agreed to pay around $10 million in February.
               </span>
              </li>
              <li style="margin:0 0 10px 0;line-height:27.5px">
               <span style="font:normal 17px/25px georgia,serif;vertical-align:middle">
                Google was eager to
               </span>
               <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font:normal 17px/25px georgia,serif;vertical-align:middle">
                have its payment
               </a>
               <span style="font:normal 17px/25px georgia,serif;vertical-align:middle">
                be lower than what Meta had agreed to, The Wall Street Journal reports.
               </span>
              </li>
              <li style="margin:0 0 10px 0;line-height:27.5px">
               <span style="font:normal 17px/25px georgia,serif;vertical-align:middle">
                YouTube will
               </span>
               <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font:normal 17px/25px georgia,serif;vertical-align:middle">
                pay $22 million to Trump
               </a>
               <span style="font:normal 17px/25px georgia,serif;vertical-align:middle">
                . The president has directed that the money be contributed to a nonprofit group, the Trust for the National Mall, and to the construction of a $200 million ballroom at the White House. The remaining $2.5 million will go to other plaintiffs in the case.
               </span>
              </li>
             </ul>
            </td>
           </tr>
          </tbody>
         </table>
        </div>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          The cases were considered weak.
         </span>
         <span>
          Legal analysts had questioned the merits of the lawsuits, which had accused the social media platforms of censorship. Trump’s case against Twitter was dismissed in 2022, while judges stayed those against Meta and YouTube.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span>
          But the companies may be trying to avoid friction with Trump at a time when his administration is pushing the limits of presidential power to punish perceived enemies. They “do seem like they are currying favor with the presidential administration,” Carl Tobias, a professor at the University of Richmond School of Law, told The Times.
         </span>
        </p>
        <p style="font:normal 17px/25px georgia,serif;color:#333;margin:0 0 15px">
         <span style="font-weight:700;font-family:arial,sans-serif;color:#000">
          Big Tech is hardly alone.
         </span>
         <span>
          Trump has collected more than $90 million from his lawsuits, including $16 million from Paramount over the president’s dispute over the editing of an interview on the CBS News “60 Minutes” program with Kamala Harris. And Disney’s ABC temporarily pulled the late-night host Jimmy Kimmel off the air after his remarks about the killing of the conservative activist Charlie Kirk drew the ire of the president and prompted threats from Brendan Carr, the F.C.C. chair, and ABC affiliate owners.
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             THE SPEED READ
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                Electronic Arts’ leveraged buyout pushed global M.&amp;.A. deals
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               <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font:normal 17px/25px georgia,serif;vertical-align:middle">
                over $1 trillion
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               <span style="font:normal 17px/25px georgia,serif;vertical-align:middle">
                in the third quarter, up sharply over last year. (FT)
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               <span style="font:normal 17px/25px georgia,serif;vertical-align:middle">
                Once Upon a Farm, the baby food start-up co-founded by the actress Jennifer Garner, has
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               <a class="css-sdwaa1" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font:normal 17px/25px georgia,serif;vertical-align:middle">
                filed for an I.P.O.
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               <span style="font:normal 17px/25px georgia,serif;vertical-align:middle">
                even as its losses grow. (Bloomberg)
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              <li style="margin:0 0 10px 0;line-height:27.5px">
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                The auto parts supplier First Brands
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                filed for bankruptcy
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                as lenders and its board reportedly investigate whether the company made misrepresentations its financial reporting. (WSJ)
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                exodus of senior staff
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                over burnout and politics” (FT)
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                OpenAI is said to be planning a new version of its Sora video generator that would require
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                “The Mets Spent a Fortune to Win It All. They Became a
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                $340 Million Disaster
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                .” (WSJ)
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                How a university employee lost her job after a private
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                Facebook comment about Charlie Kirk
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                found its way to Elon Musk. (NYT)
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