Author: NY TIMES

The Skadden Arps deal suggests negotiating may be getting more costly. Paul Weiss said it would provide $40 million in pro bono work, while the Skadden Arps agreement more than doubled that amount. The deals have also been met with scathing criticism by those in the legal community who see them as unnecessary capitulation in cases where the firms have the law on their side.On Thursday, after news broke that Skadden was seeking to strike a deal with the Trump administration, a group of alumni — all part of the law firm’s prestigious public interest fellowship program — began to…

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The tariffs on cars and auto parts that President Trump announced on Wednesday will have far-reaching effects on automakers in the United States and abroad.But there will be important differences based on the circumstances of each company.TeslaThe company run by Mr. Trump’s confidant, Elon Musk, makes the cars it sells in the United States in factories in California and Texas. As a result, it is perhaps the least exposed to tariffs.But the company does buy parts from other countries — about a quarter of the components by value in its cars come from abroad, according to the National Highway Traffic…

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The Food and Drug Administration’s top vaccine official, Dr. Peter Marks, resigned under pressure Friday and said that Health Secretary Robert F. Kennedy Jr.’s aggressive stance on vaccines was irresponsible and posed a danger to the public.“It has become clear that truth and transparency are not desired by the secretary, but rather he wishes subservient confirmation of his misinformation and lies,” Dr. Marks wrote to Sara Brenner, the agency’s acting commissioner. He reiterated the sentiments in an interview, saying: “This man doesn’t care about the truth. He cares about what is making him followers.”Dr. Marks resigned after he was summoned…

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A panel in Texas on Thursday denied parole for the woman who killed Selena, a 23-year-old trailblazing Mexican American singer who was making it big in the popular music scene. The decision came a few days shy of the 30th anniversary of the killing, which shocked her fans and spurred a cultlike following.Yolanda Saldívar, the woman who fatally shot her, was the founder of Selena’s fan club; she killed Selena after a confrontation in a motel in Corpus Christi, Texas, on March 31, 1995. A jury convicted Ms. Saldívar of first-degree murder, and she was sentenced to life in prison…

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The Israeli military launched airstrikes in the southern outskirts of Beirut on Friday for the first time since a U.S.-brokered cease-fire came into effect in November, shattering months of tense calm in the Lebanese capital and stoking fears of a further escalation.The bombardment came after rockets were fired at northern Israel from Lebanese territory earlier in the day, setting off air-raid sirens in three communities near the border. The Israeli military subsequently ordered residents of the densely populated Hadath neighborhood of Dahiya, an area on the southern edges of Beirut, to evacuate from the vicinity of a building there.Less than…

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After nearly 20 minutes of intense yoga in a 105-degree room, the influencer had grown thirsty.She dropped her pose, leaned down to pick up her Fiji water bottle and took a sip.She didn’t think it would be a problem. She certainly didn’t think that within days, hundreds of thousands of people would have seen a video about her impromptu water break.But that small decision, to take a drink of water partway through a 90-minute hot yoga session at Bode NYC, touched off a series of events — and one widely seen TikTok video — that resulted in an instructor losing…

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Secretary of Defense Pete Hegseth used his first trip to Asia to try to reassure allies that the United States was committed to deterring Chinese “threats” to the region, while also again defending his recent actions in disclosing American battle plans in a group chat.Speaking at a news conference in Manila, the capital of the Philippines, on Friday, Mr. Hegseth said that the Trump administration would “truly prioritize and shift to this region of the world in a way that is unprecedented.”“Today, it’s the Philippines. Tomorrow, it’s Japan. It will be Australia and South Korea and other nations in this…

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Juju Watkins had piled up a lot from the start – from the moment she stepped onto the USC campus, she was the one who brought the program back to the top of the mountain. This season, she is the player who will carry the power of stardom in women’s college basketball after Caitlin Clark.It’s big on anyone’s shoulders, but she handles it very well. She thrives under this responsibility and blooms in the spotlight.But last weekend, the biggest star in women’s college basketball was taken away after the end of the season ACL was torn apart. Her absence shocked…

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Xi Jinping, China’s top leader, met with executives of Saudi Aramco, BMW, Toyota Motor, FedEx and dozens of other foreign companies at the Great Hall of the People in Beijing on Friday as China seeks to boost foreign investment amid worsening trade relations between China and the United States.It was the third time that Mr. Xi has met with executives of multinationals in the past 17 months, courting investment as sluggish growth and tightening national security laws have made global companies wary of making big bets in China.Fresh foreign investment in China has dropped substantially over the past several years.…

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When CoreWeave, the cloud computing company vying to become the first major artificial intelligence start-up to go public, filed paperwork for a public listing earlier this month, it was a mark of optimism in an otherwise rocky market for I.P.O.s.But now that optimism has faded as the New Jersey-based CoreWeave significantly reduced the size and value of its offering on Thursday. The company is now expected to price its shares at $40 when it begins trading on Friday, according to the company, down from recent estimates in filings that its shares would be priced at $47 to $55 a share.Initially…

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