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DealBook

@dealbook

New York Times columnist @andrewrsorkin and his colleagues help make sense of major business and policy news — and the power-brokers who shape them.

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linkhttp://dealbook.nytimes.com/ calendar_today24-10-2008 19:47:47

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In today’s newsletter: Michael de la Merced on the blowback to a Sequoia partner’s criticism of Zohran Mamdani; @bernhardwarner on the fallout from the latest tariff barrage; Danielle Kaye on the trade risk looming over future Prime Day sales events; and more nyti.ms/45SA9mi

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The country’s new president, in office for a little over a month, had just dispatched his senior deputies to Washington to try to work out a trade deal. nyti.ms/4m32n2H

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The American Federation of Teachers said it would use the $23 million, including $500,000 from the A.I. start-up Anthropic, to create a national training center. nyti.ms/4lmrkpG

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Many countries thought they were negotiating in good faith. The White House renewed its “reciprocal” tariff plan anyway, giving countries until Aug. 1 to make offers. nyti.ms/3GefChJ

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Tokyo had expected smooth tariff negotiations but is experiencing whiplash, becoming a central target of President Trump’s trade frustrations. nyti.ms/4lI9iOf

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Jim Parkinson, a renowned lettering artist whose hand-drawn logos branded the covers of Rolling Stone, Esquire, Newsweek and dozens of other publications during the heyday of print journalism in the 1960s and ’70s, has died at 83. nyti.ms/4eNZQa8

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Jim Shooter, who took the helm at Marvel Comics at the tender age of 27 and then spent nearly a decade revolutionizing the way superhero stories are written, drawn and sold, has died at 73. nyti.ms/3IcYcmh

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Sandy Gall, a veteran correspondent for Britain’s Independent Television News who covered with calm precision the globe’s major conflicts in the last half of the 20th century, has died at 97. nyti.ms/4kwLagT

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In today’s newsletter: @bernhardwarner on the Trump copper tariff threat; Lauren Hirsch previews Zohran Mamdani’s meetings with CEOs; who’s not worried about threats to Elon Musk’s empire; the race between “two Kevins” to be Fed chair; and more nyti.ms/4lMUttX

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Grok, a chatbot created by Elon Musk’s artificial intelligence company, xAI, shared several outlandish antisemitic comments on X on Tuesday, prompting an outcry from some social media users. nyti.ms/408jdo6

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This just in: Microsoft announces $4 billion for A.I. education, as tech giants race to embed their chatbots into teaching and learning. nytimes.com/2025/07/09/bus…

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Tesla is days away from missing a deadline to hold an annual shareholders meeting, exposing itself to lawsuits and amplifying criticism that the carmaker’s board of directors has been inactive while sales and the stock price slump. nyti.ms/4eCOW6S

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Britain’s Labour Party is starting its second year in control of the government with difficult choices over whether to raise taxes, cut spending or borrow at a time when debt and interest rates are high. nyti.ms/3U22IGF

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Donald J. Trump has reinvented himself many times over, going from real estate developer to world leader. Now his social media company, Trump Media & Technology Group, is undergoing its own metamorphosis, becoming a major player in the crypto industry. nyti.ms/3IixvfS

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Breaking News: President Trump said he planned a 50% tariff against Brazil, citing what he called a “witch hunt” by the Brazilian authorities against former President Jair Bolsonaro, who is facing trial for attempting a coup. nyti.ms/40KkIZV

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At first, Ziz LaSota seemed much like any other philosophically inclined young tech aspirant. Now, she and her followers are in jail, six people are dead, and Rationalists are examining whether their ideas about A.I. played a role. nyti.ms/3TrvNeu

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The U.S. central bank’s decision to hold interest rates steady in June was unanimously supported, but officials were starting to splinter over the path forward. nyti.ms/44EAjLA

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In today’s newsletter: Michael de la Merced on A16Z joining the anywhere-but-Delaware movement; what’s next for X after Linda Yaccarino’s exit; Danielle Kaye digs into the state of noncompete clauses as a big deadline looms; Bill Ackman’s tennis quest; and more nyti.ms/44DDT8N