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    A Cowed Establishment Toasts Trump at a Manhattan Charity Dinner

    There were grudge matches and sycophancy in equal measure at the Alfred E. Smith Memorial Foundation Dinner. “Isn’t it just exciting, what’s going on,” Donald Trump said.Donald J. Trump and the assorted fat cats to whom he was speaking seemed to be processing many complicated emotions all at once.“You think this is easy?” the former and perhaps future president asked. “Standing up here in front of half a room that hates my guts, and the other half loves me?”There he stood, the godhead of a populist revenge movement, tucked into his satiny cummerbund, a black bow tie around his neck. It was the Alfred E. Smith Memorial Foundation Dinner in Midtown Manhattan.This charity event, held Thursday evening in the ballroom of the Hilton Hotel, has been a stop for presidential candidates ever since 1960. That’s when John F. Kennedy and Richard Nixon showed up, at the dawn of the television age, to make self-deprecating jokes while courting the Roman Catholic vote. In 1970s New York, the era in which Mr. Trump came up, the dinner was one of the glitziest events on the social calendar, attended by governors and mayors and media machers and real estate titans.In 2016, he came as a presidential candidate himself. But when Mr. Trump’s remarks about his then-opponent, Hillary Clinton, veered into nasty territory, he was booed. He and his wife, Melania Trump, slunk out of the room the second it was over.Eight years later, the dinner he returned to was not the same. Like so much else in the Trump era, the Catholic charity event had become savage, warped by blunt force politics. There were all sorts of open wounds and grudges on display among the tuxedoed and the begowned. There were sycophants and there were outcasts. You could see the ones who had submitted to Mr. Trump, sitting beside members of a gorgonized establishment still unsure how to treat him, much less stop him.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    CVS Ousts Karen Lynch as C.E.O. and Shares Fall

    Shares of the health care conglomerate dropped after the sudden departure of Karen Lynch and a downbeat update on the state of the company’s finances.CVS Health abruptly ousted its chief executive, Karen S. Lynch, on Friday as the pharmacy and health care conglomerate struggled with sluggish growth and faced pressure from investors.The company appointed David Joyner, the head of CVS Caremark, its successful unit overseeing prescription drug benefits, as the new chief. The management change was accompanied by a dour financial update, with the company scrapping its previous forecasts because of “elevated medical cost pressures.” Shares of CVS fell sharply in early trading.The company’s earnings have disappointed investors in recent quarters, in part because of rising costs at Aetna, the company’s insurance arm. Activist investors have pushed the company for changes, prompting CVS to explore breaking itself up, potentially by separating its pharmacy business from its insurance unit.CVS employs about 300,000 people. Its sprawling portfolio includes the branded pharmacy chain, with more than 9,000 retail locations; Aetna, which it acquired in 2018, which has nearly 40 million policyholders and other customers; Caremark, the country’s largest pharmacy benefit manager, hired by employers and governments to oversee prescription drug benefits; and Oak Street Health, which runs more than 200 primary care centers for Medicare recipients.Ms. Lynch took over as the group’s chief executive in February 2021, after running Aetna. “I don’t want people to think about CVS Health as just that drugstore,” she told The New York Times in 2022. “I want them to think about it being a health care company.”Roger Farah, the chairman of CVS Health, said in a statement on Friday that “the board believes this is the right time to make a change.” He added that Mr. Joyner’s “deep understanding of our integrated business” would help steer the company through its challenges.During his tenure at Caremark, which he rejoined in 2023 after a few years away from the company, Mr. Joyner faced increased scrutiny of pharmacy benefit managers. He appeared at a Congressional hearing this summer, facing questions from lawmakers about the role of pharmacy benefit managers in rising drug costs for millions of Americans.This month, CVS said it would cut almost 3,000 jobs, mostly corporate employees. Its rival chains are also under pressure to cut costs: This week, Walgreens said it would close about 1,200 stores over the next three years.Shares of CVS, which dropped 7 percent on Friday, have fallen more than 25 percent this year. More

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    Tesla Self-Driving System Will Be Investigated by Safety Agency

    The National Highway Transportation Safety Administration said it was looking into what Elon Musk’s electric car company called the full self-driving system.Tesla’s plan to build fleets of self-driving cars suffered a setback on Friday when the main federal auto safety regulator said it was investigating whether the technology was to blame for four collisions, including one that killed a pedestrian.The regulator, the National Highway Transportation Safety Administration, said it was examining whether the software, which Tesla calls supervised full self-driving, had safeguards in place to require drivers to retake control of their cars in situations the autonomous technology could not handle on its own.As sales of Tesla’s electric cars have slowed, Elon Musk, the company’s chief executive, has staked the company’s future on software that allows cars to navigate, steer and brake without human supervision. Last week, the company held an event at the Warner Bros. studios near Los Angeles to unveil what it called a cybercab, which Mr. Musk promised would be able to ferry passengers without a human driver.But such software has faced persistent criticism from regulators and safety experts who say it does not do enough to make sure drivers remain alert and ready to take over if the system makes a mistake. Tesla faces numerous lawsuits from people who blame the software for injuries or deaths of loved ones.Tesla did not respond to a request for comment.The crashes highlighted by the safety agency on Friday took place when road visibility may have been limited by glare from the sun, fog or dust, the federal safety agency said. Tesla’s self-driving software depends on cameras to operate, unlike other manufacturers who also use radar or laser technology that are often better at detecting objects and people when the view is obscured by poor weather or bright sunshine.The agency said it would “examine the system’s potential failure to detect and disengage in specific situations where it cannot adequately operate.”In one of the collisions, a pedestrian died. In another, a person was injured, the agency said.The investigation covers 2.4 million Tesla vehicles, including cars manufactured as far back as 2016. All of Tesla’s passenger models are involved, the agency said, including the Model 3 and Model S sedans, the Model X and Model Y sport utility vehicles, and the Cybertruck.Federal officials have also been investigating a less capable Tesla system known as Autopilot for several years. These investigations may not survive if former President Donald J. Trump is elected next month. Mr. Trump has said he will appoint Mr. Musk, one of his most prominent supporters in the business world, to lead a “government efficiency commission.” More

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    Why Thomas Tuchel Was the Right Choice for England. And the Wrong One, Too.

    An outcry over the hiring of a German to lead England’s national team was predictable. But don’t dismiss every objection out of hand.As a rule of thumb, it pays to look at the cast of characters already arrayed on one side of an argument before deciding to join them. When that list starts with Nigel Farage, swallows up Sam Allardyce and eventually sprawls across the editorial board of The Daily Mail, it should, really, serve as a burning red flag.That all three should have taken roughly the same position on England’s decision to appoint Thomas Tuchel as manager of its men’s national team is not anything approaching a surprise.Allardyce, in his defense, at least made a cogent and relevant case: Hiring a foreigner to lead the English national team could hardly be said to encourage English coaches. Farage and The Mail could not even muster that level of subtlety. Farage, England’s most stubborn bargain-basement populist, just wants the England manager to be English. The Mail seemed especially vexed that the choice was German.Still, as England’s fans tried to define their personal reaction to Tuchel’s arrival, many would — not unreasonably — have concluded that the presence of Farage and the rest clinched the matter. Much of public discourse is underpinned, now, by the belief that our identities are what is known as stacked: that what an individual thinks about abortion, say, is a reliable indicator of their views on gun control.To side with Farage, The Mail and the rest on Tuchel, then, would involve being unwillingly and unwittingly tethered to their views on a variety of subjects. It might, even, be seen to serve as a tacit endorsement of their positions on immigration, say, or who is and who is not eligible to claim English national identity.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    A Job at a Popular Eritrean Restaurant Leads to a Special Romance

    Jocelyn DeGroot-Lutzner grew up four blocks from Ephream Seyoum in West Philadelphia. But the two didn’t meet until she applied for a job at his family’s Eritrean restaurant.Jocelyn Rose DeGroot-Lutzner was thinking about her father when she wandered into the West Philadelphia restaurant Dahlak in 2013 to apply for a bartending job.The restaurant, a favorite local hangout, was a seven-minute walk from her parents’ house. “My dad and his friends drank at Dahlak,” she said. “I didn’t want to mess up his vibe.”When she got the job and began working there, she would eventually prove less of a distraction to her father than to the man who hired her, Ephream Amare Seyoum.Ms. DeGroot-Lutzner, 33, and Mr. Seyoum, 36, are West Philadelphia natives. Growing up, they lived four blocks apart but never met.Ms. DeGroot-Lutzner might not have applied for the bartending gig if it weren’t for an endorsement from a friend. “She said Ephream’s a really nice guy,” Ms. DeGroot-Lutzner said. She was also at a professional crossroads.Months earlier, she graduated from the New School in New York City. “I always thought I wanted to move to Brooklyn and be a fashion designer,” she said. But after earning a bachelor’s degree in urban studies and fashion photography, she decided to return home. “I tested the waters in New York,” she said. “I decided Philly was much more comfortable for me.”We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Judge Orders DeSantis Administration to Stop Threats Over Abortion-Rights Ad

    The administration of Gov. Ron DeSantis of Florida must stop threatening television stations with criminal prosecution for airing a political ad in favor of enshrining abortion rights in the state’s Constitution, a federal judge ordered on Thursday.Judge Mark E. Walker of the Federal District Court in Tallahassee ruled in a temporary restraining order that the threats by the Florida Department of Health to stations across the state likely amounted to “unconstitutional coercion” and “viewpoint discrimination.”“The government cannot excuse its indirect censorship of political speech simply by declaring the disfavored speech is ‘false,’” Judge Walker, who has frequently ruled against the administration, wrote in his 17-page order. “To keep it simple for the state of Florida: it’s the First Amendment, stupid.”The order followed an emergency hearing on Thursday after Floridians Protecting Freedom, the organization behind a campaign for an abortion-rights ballot measure known as Amendment 4, sued on Wednesday.This month, the state’s health department sent several television stations a cease-and-desist letter urging them to stop airing an ad, titled “Caroline,” that is part of the “Yes on 4” campaign. It features a woman named Caroline Williams discussing how she had been diagnosed with stage four brain cancer when she was 20 weeks pregnant.“Florida has now banned abortion even in cases like mine,” Ms. Williams says in the ad.The state called the ad “false.” At least one station stopped airing the ad after receiving the department’s letter, the suit said.“This critical initial victory is a triumph for every Floridian who believes in democracy and the sanctity of the First Amendment,” Lauren Brenzel, the director of the “Yes on 4” campaign, said in a statement on Thursday. “The court has affirmed what we’ve known all along: The government cannot silence the truth about Florida’s extreme abortion ban.”Mr. DeSantis has vowed to defeat Amendment 4 and has leveraged the power of the state to oppose the measure, leading to several legal challenges. The courts had declined to intervene in prior cases.Julia Friedland, Mr. DeSantis’s deputy press secretary, said in a statement that Judge Walker had “issued another order that excites the press.”“The ads are unequivocally false and put the lives and health of pregnant women at risk,” she said. “Florida’s heartbeat protection law always protects the life of a mother and includes exceptions for victims of rape, incest, and human trafficking.”The campaign is seeking a preliminary injunction against the state. Judge Walker scheduled a hearing for Oct. 29.A separate lawsuit, filed by opponents of Amendment 4 and seeking to toss the measure from the ballot, is pending in state court. More

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    China’s Lackluster Growth Continues, Signaling Why Beijing Acted on Economy

    Falling prices, weak consumer spending and a housing market crash help to explain why the Chinese government is taking steps to stimulate the economy.The Chinese economy continued to grow at a lackluster pace over the summer, according to data released on Friday, underscoring the urgency of the government’s recent attempts to bolster the economy.Construction has slowed because of a housing market meltdown. Millions of young college graduates have been unable to find work. Many local governments have run out of money to build roads or even pay the salaries of teachers and other workers.Looming over it all are falling prices across the Chinese economy, from apartments to cars to restaurant meals. Broadly falling prices, a phenomenon called deflation, make it hard for companies and families to earn enough to pay their mortgages and other debts.China’s economy grew 0.9 percent in July through September over the previous three months, China’s National Bureau of Statistics said. When projected out for the entire year, the economy grew at an annual rate of about 3.6 percent in the third quarter.The growth in part reflected an official revision on Friday to show that the second quarter was even weaker than previously acknowledged. Growth then was at an annual pace of 2 percent, and not the previously reported pace of 2.8 percent.Beijing has announced a series of measures since Sept. 24 to address the lingering troubles that became clear in the numbers released on Friday. The central bank has cut interest rates and minimum down payments for mortgages. The finance ministry promised the sale of more bonds to raise money for local governments to pay municipal salaries and buy vacant apartments for conversion into affordable housing.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Want to Understand America? Watch ‘Shark Tank.’

    One day in late June, a panel of investors entertained business ideas from around the country. A kitschy advent calendar. A fancy mini-fridge for drinks. A flashlight that emits beams from multiple angles. A machine that grows mushrooms. Bendable cups. Pet plants (for you, not your cat). This was the Los Angeles set of “Shark […] More