A Billionaire Bought a Chunk of Manchester United. Now He Has to Fix It.
World

A Billionaire Bought a Chunk of Manchester United. Now He Has to Fix It.

The process was six months old and already starting to wear on Jim Ratcliffe, the British billionaire, the first time he brought out the Champagne to toast his purchase of Manchester United. But even that celebration, at the Monaco Grand Prix in May, proved premature.There was no deal. Not yet.Doing one was never going to be easy. Mostly, that was because any potential sale for United offered a tantalizing marriage of money, power and history: Mr. Ratcliffe, the wealthy chairman of INEOS, the petrochemicals giant, had supported Manchester United since he was a boy. United, the most decorated club in English soccer, was one of the most iconic brands in global sports. And the Premier League, to which it belonged, was the richest soccer league in the world.What ensued was an auction as unpred...
New Freighters Could Ease Red Sea Cargo Disruptions
Business

New Freighters Could Ease Red Sea Cargo Disruptions

After the Houthi militia started attacking container ships in the Red Sea last year, the cost of shipping goods from Asia soared by over 300 percent, prompting fears that supply chain disruptions might once again roil the global economy.The Houthis, who are backed by Iran and control northern Yemen, continue to threaten ships, forcing many to take a much longer route around Africa’s southern tip. But there are signs that the world will probably avoid a drawn-out shipping crisis.One reason for the optimism is that a huge number of container ships, ordered two to three years ago, are entering service. Those extra vessels are expected to help shipping companies maintain regular service as their ships travel longer distances. The companies ordered the ships when the extraordinary surge in worl...
Instagram’s Uneasy Rise as a News Site
Technology

Instagram’s Uneasy Rise as a News Site

On a recent Wednesday in Brooklyn’s Dumbo neighborhood, Mosheh Oinounou, a former producer for CBS, Bloomberg News and Fox News, swiped through Instagram. He had started his morning reading major newspapers and more than a dozen newsletters. Then he spent much of the day turning many of the articles into posts on his Instagram account, under the handle Mo News.A Wall Street Journal story on aging Americans was relayed through a picture of a cake declaring, “Record Number of Americans Will Turn 65 This Year: Wealthy, Active, And Single.” At times, Mr. Oinounou, an affable 41-year-old, has also appeared on camera with the co-host of his daily news podcast to explain the significance of how Republican presidential candidates were polling and why President Biden was a write-in candidate in New...
The fearless mindset of the Warriors’ Brandin Podziemski: ‘He’s got a delusion to him’
Sports

The fearless mindset of the Warriors’ Brandin Podziemski: ‘He’s got a delusion to him’

SAN FRANCISCO — Nearly a year ago on the dot, Mike Dunleavy, the Golden State Warriors’ future general manager, and Kent Lacob, an ascending front office personnel voice, hopped in a car and made the quick 50 mile trip south to Santa Clara’s campus.They were primarily there to see Maxwell Lewis, the possible lottery pick out of Pepperdine. Lewis played fine. He’d eventually get selected 40th in the 2023 NBA Draft. But he wasn’t the best player on the floor. Brandin Podziemski, a 6-foot-4 guard who was only beginning to creep onto the draft radar, made every significant play to lead Santa Clara to victory. His 23 points mattered. But it was the 18 rebounds that had Dunleavy’s and Lacob’s antennas up.“Mike and I walked out of the game like, ‘Um, that guy might be a first-round pick,'” Lacob ...
Some Pregnant Women and Infants Received the Wrong R.S.V. Shots
Health

Some Pregnant Women and Infants Received the Wrong R.S.V. Shots

This winter, for the first time ever, there were two vaccines available to ward off respiratory syncytial virus, which is particularly dangerous to older adults and infants. Only one of them — Abrysvo, made by Pfizer — was approved for pregnant women, and neither was for young children.The distinction apparently slipped by some clinicians and pharmacists.At least 128 pregnant women were mistakenly given the alternative vaccine — Arexvy, by GSK — and at least 25 children under age 2 received a vaccination, the Centers for Disease Control and Prevention has warned. Dr. Sarah Long, professor of pediatrics at Drexel University College of Medicine and an adviser to the agency, said she was “blindsided” by the reports. “It is very upsetting that this should happen,” she said.Arexvy has not been ...
Overlooked No More: Pierre Toussaint, Philanthropist and Candidate for Sainthood
World

Overlooked No More: Pierre Toussaint, Philanthropist and Candidate for Sainthood

This article is part of Overlooked, a series of obituaries about remarkable people whose deaths, beginning in 1851, went unreported in The Times.In 1849, Mary Ann Schuyler, a wealthy New Yorker, was reminded fondly of her longtime hairdresser, Pierre Toussaint, while visiting a Roman Catholic chapel in Europe. “Send my love to him,” she wrote to her sister, Hannah Farnham Sawyer Lee. “Tell him I think of him very often and never go to one of the churches of his faith without remembering my own St. Pierre.”By then, Toussaint, 68, had built a reputation as “the Vidal Sassoon of his day,” as Daniel W. Bristol Jr. wrote in “Knights of the Razor: Black Barbers in Slavery and Freedom” (2015): He had mastered the in-vogue hairstyles of the French — powdered hair, or false hair added on — as well ...
Meet the Diplomat Who Shaped Biden’s Global Economic Policy
Business

Meet the Diplomat Who Shaped Biden’s Global Economic Policy

In the fall of 2022, two top Biden administration officials met in New York with a key European diplomat. Over dinner outdoors, they strategized about how best to throttle Russia’s oil revenues in retaliation for its invasion of Ukraine.Near the end of what had been a collegial meal, the European official, Bjoern Seibert, dropped a bombshell on his hosts, Mike Pyle of the National Security Council and Wally Adeyemo, the deputy Treasury secretary. Europe, Mr. Seibert said, had big problems with President Biden’s sweeping new climate law.Mr. Seibert, the head of cabinet for the president of the European Commission, said top officials among European Union member states feared Mr. Biden was trying to drive a competitive wedge between their countries and the United States, by lavishing subsidie...
Inside the Funding Frenzy at Anthropic, One of A.I.’s Hottest Start-Ups
Technology

Inside the Funding Frenzy at Anthropic, One of A.I.’s Hottest Start-Ups

Last May, Anthropic, one of the world’s hottest artificial intelligence start-ups, raised $450 million from investors including Google and Salesforce. It was the beginning of an astonishing funding spree.By August, Anthropic had landed $100 million from two Asian telecoms. Then Amazon committed $4 billion to it, followed by $2 billion more from Google.This month, the venture capital firm Menlo Ventures closed a deal to invest $750 million in Anthropic.All told, the A.I. start-up hauled in $7.3 billion in a year. Its five funding deals stood out not just for their speed and size, but for their unusual structures.In one of those deals, Anthropic agreed to use technology such as chips and cloud computing services from the companies that invested in it. That meant, in effect, that some of the ...
‘His legs have gone’: Unpicking the four words no footballer wants to hear
Sports

‘His legs have gone’: Unpicking the four words no footballer wants to hear

Last season, it was a Brazilian midfielder at Liverpool. This season, it’s been his international team-mate at Manchester United.“I think Casemiro’s legs have gone,” Jamie Carragher told the Covering Liverpool podcast in October. “I noticed it last season at Anfield and I didn’t like what I saw. It took me back to watching Fabinho last year for Liverpool. I want to be the first to say it (about Casemiro). I don’t want to say it when everyone else is saying his legs have gone.”Regardless of who said what and when, Carragher — who played for Liverpool until he retired at age 35 — is not a lone voice in this debate, and Fabinho and Casemiro are far from the only players singled out for seemingly having lead in their boots.Any footballer over the age of 30 who is struggling for form leaves the...
Old and Young, Talking Again
Health

Old and Young, Talking Again

On Fridays at 10 a.m., Richard Bement and Zach Ahmed sign on to their weekly video chat. The program that brought them together provides online discussion prompts and suggests arts-related activities, but the two largely ignore all that.“We just started talking about things that were important to us,” said Mr. Ahmed, 19, a pre-med student at Miami University in Oxford, Ohio.Since the pair met more than a year ago, conversation topics have included: Pink Floyd, in a long exploration led by Mr. Bement, 76, a retired sales manager in Milford Township, Ohio; their religious faiths (the senior conversation partner is Episcopalian; the younger is Muslim); their families; changing gender norms; and poetry, including Mr. Ahmed’s own efforts.“There’s this fallacy that these two generations can’t co...