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    World’s Priciest Dinosaur Fossil Comes to Museum of Natural History

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    The billionaire Kenneth C. Griffin, who bought the stegosaurus fossil for $44.6 million, is loaning it to the American Museum of Natural History in New York for four years.The most expensive dinosaur fossil ever sold at auction, a stegosaurus that the billionaire Kenneth C. Griffin bought over the summer for $44.6 million, has a new home: the American Museum of Natural History in New York.The museum announced on Thursday that it would be the first institution to exhibit the sought-after stegosaurus, as part of a four-year loan from Griffin.“It’s one of the dinosaurs that every kid knows how to draw,” Sean M. Decatur, the museum’s president, said in an interview this week before the dinosaur was revealed. “This is a unique opportunity to have something that simultaneously, I think, really resonates in the public imagination about dinosaurs, but also from a research standpoint, is really a pretty special specimen to understand.”The mounted stegosaurus was revealed from behind a billowing beige curtain on Thursday morning to reporters, photographers, museum employees and a group of elementary school children. It is scheduled to go on view to the public on Sunday after it is fully prepared for exhibition.The Sotheby’s sale of the unusually complete specimen — which is nicknamed Apex — shattered records in the booming fossil market. And it established a new king of the dinosaur world, at least in the eyes of the auction market: The stegosaurus dethroned the Tyrannosaurus rex, the previous record-holder.But the auction also stoked fears among academic paleontologists that museums and universities were being priced out of their research field by well-heeled private collectors. After purchasing the stegosaurus, Griffin, the founder and chief executive of the hedge fund Citadel, said he intended to lend the specimen to an American institution so it would be available to scientists and the public.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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      Trump Picks Warren Stephens, Billionaire Investment Banker, for U.K. Ambassador

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      Warren Stephens, an investment banker and billionaire who donated to President-elect Donald J. Trump’s rivals before eventually supporting him in the 2024 race, was tapped as Mr. Trump’s ambassador to Britain on Monday.The selection of Mr. Stephens for the ambassadorship, a plum posting that often goes to one of the largest donors to presidential campaigns, was in part a nod to the American Opportunity Alliance, a big-money network of Republican donors in which Mr. Stephens plays a leadership role. Mr. Trump and the alliance had a tense relationship at times over the course of his campaign.In 2016, Mr. Stephens, the chief executive of Stephens, Inc., an investment bank based in Little Rock, Ark., gave $2 million to a group dedicated to stop Mr. Trump from winning the Republican presidential nomination. During the most recent election cycle, he backed other Republican presidential candidates, including Asa Hutchinson, Chris Christie, Mike Pence and Nikki Haley.Beginning in April, after it became evident that Mr. Trump would be the Republican nominee, Mr. Stephens donated over $3 million to support his campaign, according to federal campaign finance reports. He also donated $3.5 million to Mr. Trump’s super PACs in 2019 and 2020 during his re-election campaign.During his first term, Mr. Trump named another financial backer of his campaign, Woody Johnson, as ambassador to Britain.In a statement posted on social media, Mr. Trump praised his new pick for “selflessly giving back to his community as a philanthropist.”“Warren has always dreamed of serving the United States full time,” the president-elect said. “I am thrilled that he will now have that opportunity as the top Diplomat, representing the U.S.A. to one of America’s most cherished and beloved Allies.”Theodore Schleifer More

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      Elon Musk recibe un curso intensivo sobre cómo funciona el mundo de Donald Trump

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      La persona más rica del mundo, no muy conocida por su humildad, está aprendiendo la despiadada política cortesana del círculo íntimo de Donald Trump, y su influencia final sigue siendo una incógnita.Durante los primeros 53 años de su vida, Elon Musk apenas pasó tiempo con Donald Trump. Luego, a partir de la noche del 5 de noviembre, básicamente no pasó tiempo sin él.Y así, Musk, más que cualquier otro actor clave en la transición presidencial, se encuentra en un entrenamiento intensivo para aprender la política cortesana del círculo íntimo de Trump. Para la persona más rica del mundo —no muy conocida por su humildad o su paciencia— es un reto de ingeniería social mucho más difícil y menos familiar que la fabricación pesada o la ciencia de cohetes.Abundan las dudas sobre si se graduará en 2028 con un título de cuatro años en Trumpismo: en este momento, en Washington y Silicon Valley, es como un juego de salón especular cuánto durará la relación Musk-Trump. La respuesta, como te dirán los asesores descartados del primer mandato de Trump, puede depender de la capacidad de Musk para aplacar al jefe y mantener un perfil relativamente bajo, pero también para apuñalar a un rival cuando llegue el momento.En resumen, cómo jugar a la política en el mundo de Trump.La mayoría de las personas que rodean actualmente a Trump en la transición son ayudantes curtidos en batallas anteriores o amigos personales desde hace décadas. Musk no es ni lo uno ni lo otro. Lo que aporta en cambio son sus 200 millones de seguidores en X y los aproximadamente 200 millones de dólares que gastó para ayudar a elegir a Trump. Ambas cosas han impresionado mucho al presidente electo. Trump, asombrado por la disposición de Musk a despedir al 80 por ciento del personal de X, ha dicho que el multimillonario de la tecnología ayudará a dirigir un Departamento de Eficiencia Gubernamental junto con Vivek Ramaswamy.Musk mostró a Trump y a legisladores republicanos la sala de control antes del lanzamiento de un cohete de SpaceX el martes, en el sur de Texas. Foto de consorcio de Brandon BellWe 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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      Elon Musk and Jeff Bezos Exchange Posts About Trump on X

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      The world’s two richest men are longtime business rivals, but now one of them has the ear of the next president of the United States.A few months ago, a three-post exchange between Jeff Bezos and Elon Musk on Mr. Musk’s X would have passed for petty sniping between billionaire rivals.But times have changed.“Just learned tonight at Mar-a-Lago that Jeff Bezos was telling everyone that @realDonaldTrump would lose for sure, so they should sell all their Tesla and SpaceX stock,” Mr. Musk wrote Wednesday night, referring to two of his companies. He added an emoji for a snickering face, with a hand covering the mouth.“Nope. 100% not true,” Mr. Bezos responded on Thursday morning.“Well, then, I stand corrected,” Mr. Musk wrote back, with a laughing-crying emoji.With President-elect Donald J. Trump’s history of animosity toward Mr. Bezos, the posts carried an unspoken message about Mr. Musk’s growing power within the incoming administration.The exchange — brief, brassy and fairly typical of Mr. Musk’s overwhelming presence on X — could foreshadow a bumpy next few years for Mr. Bezos and the companies he started, Amazon and the rocket maker Blue Origin. It was also a reminder that the power dynamics in the longtime rivalry between the world’s two richest men changed on Nov. 5.Plenty of tech executives have drawn Mr. Trump’s wrath over the last few years. Perhaps none more than Mr. Bezos, largely because he owns The Washington Post, which has frequently written critically about Mr. Trump. (The Post did not endorse a presidential candidate this year, a decision that angered many of its readers and that Mr. Bezos publicly defended.)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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      Trump Keeps the Tax Cut Promises Coming, Now for Americans Abroad

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      Former President Donald J. Trump suggested that he would try to reduce taxes for Americans living abroad, the latest in an expensive string of tax cuts he has promised to different voting groups during the presidential campaign.Americans who live outside the United States must still file tax returns with the Internal Revenue Service. That means in some instances, Americans living abroad pay taxes to both the United States and a foreign government, creating so-called double taxation. Many other countries collect taxes from people living and working within their borders but not on their citizens living abroad.In a statement, which was provided earlier to The Wall Street Journal, Mr. Trump said he would eliminate the practice. “I support ending the double taxation of overseas Americans!”But, as with many of Mr. Trump’s campaign tax pledges, it was unclear what exactly he envisions changing. Americans living in other countries don’t always owe taxes both there and in the United States. They can already discount taxes paid to another government from their U.S. tax bill, and those making less than $126,500 don’t owe anything to the I.R.S.Higher-income Americans living in countries with low taxes are more likely to owe additional taxes in the United States. Mr. Trump’s idea, depending on how it is ultimately drafted, could encourage wealthy Americans to move to tax havens overseas to avoid taxes.During his campaign, Mr. Trump has expressed support for a wide variety of seemingly simple, but potentially far-reaching, tax cuts aimed at specific groups of voters. He has said Social Security benefits should no longer be taxed, a bid for support from retirees, and suggested that tipped income and overtime pay should not be taxed, proposals that he has framed as benefits for working Americans.“Fellow Americans living abroad, your vote is more important than ever,” Mr. Trump said in the statement. “No matter where you are, your voice can make a difference.”Mr. Trump’s campaign promises come on top of the Republican goal to extend many of the tax cuts from his signature legislative achievement while president, a 2017 tax law. Many of those tax cuts expire after 2025. The cost of continuing those cuts is significant, and together all of Mr. Trump’s plans could cost $7.5 trillion over 10 years, according to a nonpartisan budget group.Mr. Trump has also repeatedly said he would raise tariffs on imports to the United States to pay for his tax cuts, which would effectively shift the country’s tax burden to lower-income Americans. Those Americans spend more of their money on consumer items that could get more expensive because of the tariffs.Vice President Kamala Harris has attacked Mr. Trump’s tax plans, arguing that they would amount to a giveaway to the rich. She has pledged to raise taxes on corporations and Americans making more than $400,000 a year. More

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      Oprah Winfrey Speaks at DNC, Revealing Short Film on the American Dream

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      Night 3 of the Democratic National Convention is not lacking for stars of the small screen: Mindy Kaling is the evening’s M.C., and the “Saturday Night Live” stalwart Kenan Thompson made a cameo.But the appearance of one television icon was kept under wraps until she stepped onstage to deafening cheers from her hometown crowd: Oprah Winfrey, the talk-show host turned billionaire media mogul who built her career in Chicago.The fact that Ms. Winfrey, an inspirational figure for many women and Black voters, appeared at all represented a feat by aides to Vice President Kamala Harris.The television star had never before spoken at a national convention. Her message of uplift and optimism is a neat fit for the themes that Democrats have sought to emphasize at this week’s jamboree. And as far as political campaigns go, she has carefully picked her battles, withholding the Oprah seal of approval for all but a few candidates.In 2007, Ms. Winfrey endorsed a presidential hopeful for the first time: Barack Obama, a close friend and a compatriot from Chicago’s power circles. Ms. Winfrey hosted fund-raisers and barnstormed cities in Iowa to round up votes for Mr. Obama, who at the time seemed a long shot to win the nomination.In 2016, Hillary Clinton’s campaign sought to capitalize on Ms. Winfrey’s popularity by lobbying her for a full-throated endorsement. It never came. Ms. Winfrey mostly stayed away from politics that year, although she did tell one morning show interviewer, “I’m with her.”In 2018, Ms. Winfrey stirred speculation that she herself might seek the White House. A speech she delivered at the Golden Globes, where she was accepting a lifetime achievement award, was shared widely for its stirring delivery and approach to grand themes like sexism and racism in America.The conversation died down after Ms. Winfrey poured cold water on the idea of a run, but it highlighted the thirst among Democrats, in the midst of Donald J. Trump’s administration, for a media-savvy contender who could wave the party flag. More

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      Harris Appeals to Tech Leaders in a Return to San Francisco

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      A Sunday fund-raiser offered Vice President Kamala Harris a chance to turn the page on a sometimes frosty relationship between President Biden and Silicon Valley.Joe Biden who?Vice President Kamala Harris, whose political career was born in San Francisco two decades ago, on Sunday returned to the city for the first time since clinching the Democratic presidential nomination, hoping to reset relations with a tech community that has soured some on President Biden.It was a turning of the page and a homecoming all at once. Ms. Harris’s late-morning event raised $13 million from the region’s white-collar establishment that counts her as their own.But her trip was as much a rally as a fund-raiser, with about 700 people piling into the Grand Ballroom of the Fairmont Hotel atop Nob Hill. On one of this city’s quintessentially brisk, foggy August mornings, these wealthy givers waited in a queue that snaked up the hill, an indignity that would be unheard-of at a typical fund-raiser at a cozy private home in Woodside or Menlo Park. (Some donors with a connection or two found a way, as they do, to skip the line.)As is often the case in the highly choreographed world of presidential fund-raising, where egos must be treated tenderly, there was a series of receptions before the fund-raiser (with blue, pink and green wristbands) that clearly delineated the pecking order of big donors and their influence. Ms. Harris dropped in on each one, in descending order of price and intimacy, as donors enjoyed peach mimosas and shrimp cocktails before her remarks in the grand ballroom.“This is a room full of dear, dear, dear friends,” she said, standing before a giant “Harris Walz” sign and four flags: two American and two California.Mr. Biden has struggled for financial support from the Bay Area dating to his 2020 presidential campaign, when his list of fund-raisers was heavy on Obama-era ambassadors but light on the billionaire leaders of the tech industry.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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      Why Some of the Loudest Cheers for Trump Are Coming From Silicon Valley

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      Elon Musk, David Sacks, Marc Andreessen and other influential figures in technology have endorsed former President Donald Trump. How did the Democrats lose Silicon Valley? Or did they?If you read the headlines this week about Elon Musk, David Sacks, Marc Andreessen and other influential figures in technology moving to support former President Trump’s re-election, it appeared a sea change had taken place in Silicon Valley, long considered a Democrat hotbed.The loudest donors in Silicon Valley are promoting Trump at a time when the tech world as a whole is ascending in Washington, with billionaires using their ballooning wealth and media foothold to exert influence. Their voices are made all the more prominent amid the conspicuous neutrality of Big Tech leaders like the Google C.E.O. Sundar Pichai and the Meta chief Mark Zuckerberg, who are possibly afraid of invoking Trump’s ire and employee backlash.It wasn’t always this way. But big technology’s relationship with government, once symbiotic, attracted new scrutiny from Silicon Valley’s libertarian masses after social media companies tamped down on misinformation, drawing accusations that they were ceding to an overstepping government.For some, the infractions were more personal. Musk was brushed off by President Biden over his anti-union stance and excluded from an electric vehicle event at the White House in 2021. Now Musk, who has voted for Democrats in the past and has said he created Tesla to help one of Biden’s biggest ambitions, preventing climate change, has become among the party’s biggest detractors.Then there are issues in California, like rising taxes and a crime wave in San Francisco; the anti-woke movement; and regulatory battles over antitrust, crypto, and artificial intelligence that have high stakes in Silicon Valley.The question now is whether Silicon Valley’s Trump boosters are heralding a larger shift in the tech world, or if they’re merely demonstrating that their voices are more powerful in politics than ever.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