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    The U.S. Investors Caught in the Scrum Over TikTok

    Major U.S. investment firms such as General Atlantic, Susquehanna and Sequoia Capital own stakes in ByteDance, the parent of TikTok. Their investments are increasingly under fire.For years, the U.S. investors who backed ByteDance, the Chinese internet company that owns TikTok, have wrestled with the complexities of owning a piece of a geopolitically fraught social media app.Now it’s gotten even more complicated.A bill to force ByteDance to sell TikTok is winding its way through the Senate after sailing through the House this month. Questions about whether TikTok’s Chinese ties make it a national security threat are mounting. And U.S. investors including General Atlantic, Susquehanna International Group and Sequoia Capital — which collectively poured billions into ByteDance — are facing increased pressure from state and federal lawmakers to answer for their investments in Chinese companies.Last year, a House committee began examining U.S. investments in Chinese companies. The Biden administration has curbed U.S. investments in China. In December, a Missouri pension board voted to divest from some Chinese investments, following political pressure from the state treasurer. And Florida passed legislation this month to require the state’s Board of Administration to sell off its stakes in China-owned companies.All of this comes on top of existing issues with owning a piece of ByteDance. The Beijing-based company has grown into one of the world’s most highly valued start-ups, worth $225 billion, according to CB Insights. That’s a boon, at least on paper, for U.S. investors who put money into ByteDance when it was a smaller company.Yet in reality, these investors have an illiquid investment that is hard to spin into gold. Since ByteDance is privately held, investors cannot simply sell their stakes in it. A confluence of politics and economics means ByteDance is also unlikely to go public soon, which would enable its shares to trade.Even if a sale of TikTok was easy to pull off, the Chinese government appears reluctant to relinquish control of an influential social media company. Beijing moved to stop a deal for TikTok to American buyers a few years ago and recently condemned the congressional bill that mandates ByteDance divest the app.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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    Bridge Collapse in Baltimore Puts an Election Year Spotlight on Infrastructure

    When a bridge carrying Interstate 95 in Philadelphia collapsed last summer, President Biden came to town six days later and stood alongside Pennsylvania’s governor for an announcement that it would be repaired and reopened within two weeks.Now that an interstate highway bridge in Baltimore has fallen into the water after being struck by a cargo ship early Tuesday morning, the president, who counts a major infrastructure law as part of his first-term accomplishments, will have another challenge to demonstrate what a competent government response looks like.Maryland isn’t a presidential battleground, but like Pennsylvania it does have a Democratic governor who is a key Biden ally with significant political ambitions of his own and a Senate race that will help determine which party controls the chamber next year.Gov. Wes Moore of Maryland declared a state of emergency and said he was in contact with federal and local authorities.It will take time to determine the political fallout from the Baltimore bridge collapse. The dramatic video of the Francis Scott Key Bridge crumbling into the Patapsco River is ready made for doom-and-gloom political ads. The human toll of the collapse remains undetermined. And if Baltimore’s port is closed for a significant period it would enact a severe and extended economic toll on the region.President Biden arrived in Philadelphia six days after a bridge carrying Interstate 95 collapsed last summer. Pete Marovich for The New York TimesSo far Maryland officials have not sought to cast blame or seek a partisan advantage. Former Gov. Larry Hogan, a centrist Republican who is running for the Senate, wrote on social media that he was praying for those still missing. The two Democrats in a primary to face Mr. Hogan, Representative David Trone and Angela Alsobrooks, the Prince George’s County executive, released similar statements of grief and shock.When the Interstate 95 bridge in Philadelphia reopened 15 days after it collapsed, Gov. Josh Shapiro of Pennsylvania declared it a feat of government competence and has since incorporated it into his talking points for why Mr. Biden deserves a second term.Now Mr. Biden, who is scheduled to travel to North Carolina on Tuesday and has been briefed on the bridge collapse, has another high-profile opportunity to demonstrate how his administration responds to a major civic calamity. The White House has not yet revealed any plans for Mr. Biden to visit Baltimore — though typically presidents do not appear at disaster sites until local authorities have been able to assess the extent of the damage. More

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    Man Who Threatened to Kill Arizona Official Over Election Gets 2½ Years in Prison

    Joshua Russell, 46, of Ohio, left threatening messages for Katie Hobbs in 2022, when she was Arizona’s secretary of state and successfully ran for governor.An Ohio man who threatened to kill Katie Hobbs in 2022 when she was secretary of state in Arizona and running to be governor was sentenced Monday to two and a half years in prison, prosecutors announced.The man, Joshua Russell, 46, of Ohio, pleaded guilty in U.S. District Court in Arizona in August to one count of making an interstate threat, according to the Justice Department. He was indicted in December 2022 on charges that he had left several voice messages containing death threats with the Arizona Secretary of State’s Office during the midterm election season, in which Ms. Hobbs was elected governor.Ms. Hobbs, a Democrat, was secretary of state in Arizona and was the state’s top election official when Joe Biden’s 2020 victory there was certified. She was not named in court documents, but a letter filed in court last week on Mr. Russell’s behalf was addressed to her.In the letter, Mr. Russell apologized to Ms. Hobbs and said that he was being treated for anger and drug and alcohol abuse, which he cited as a factor in making the threats.“Social media and news reports (that I didn’t know if they were true or false) became another addiction for me, and only fueled my depression, anxiety and anger,” Mr. Russell wrote.The governor’s office did not immediately respond to a request for comment on Monday night, and Mr. Russell’s public defenders could not immediately be reached.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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    Former Justice Breyer Says He Is Open to Supporting a Supreme Court Age Limit

    Justice Stephen G. Breyer, the liberal judge who retired from the Supreme Court in 2022, said in an interview aired on Sunday that he would be open to supporting an age limit for the justices.“Human life is tough, and moreover, you get older,” Justice Breyer, 85, said during an interview on NBC’s “Meet the Press.” “When you’ve been there quite a while, other people also should have a chance to do these jobs. And at some point, you’re just not going to be able to do it.”Justice Breyer suggested that an 18- or 20-year term could dissuade members of the court from “thinking about the next job” just as effectively as a lifetime appointment does now. He retired reluctantly in 2022 after mounting calls from liberals who wanted to ensure that the 6-to-3 conservative majority on the court did not get larger after an untimely death or resignation. President Biden then appointed Ketanji Brown Jackson, once a law clerk for Justice Breyer, to the Supreme Court that same year.An age limit “would have avoided, for me, going through difficult decisions on when you retire and what’s the right time,” Justice Breyer said.He also reiterated his criticism of the conservative Supreme Court majority and its decision to overturn Roe v. Wade, referring to his dissent in the 2022 case. Justice Breyer — along with Justices Sonia Sotomayor and Elena Kagan — said in the dissent that the majority’s opinion that a right to terminate pregnancy was not “deeply rooted” in the history and tradition of the United States would mean “all rights that have no history stretching back to the mid-19th century are insecure.”Justice Breyer said on Sunday that such a reading of the Constitution, which focuses on the text and the original intent of its writers — a legal doctrine often referred to as originalism — “doesn’t work very well” because it prevents judges from doing what they think is right and forces them to “be bound by the text.”In a forthcoming book, Justice Breyer calls originalists on the Supreme Court stunningly naïve in their claim that overturning Roe v. Wade would simply return the question of abortion to the political process. He said on Sunday that he had tried to warn the conservative majority that Roe’s demise would lead to more lawsuits challenging state-level abortion bans.“What’s going to happen when a woman’s life is at stake, and she needs the abortion?” Justice Breyer asked during the interview. “Do you think if a state forbids that, then that won’t come to the court? We thought it probably would. And we thought there will be a lot of issues coming to the court coming out of the decision to overrule Roe v. Wade.”The retired justice’s new book is set to be published on Tuesday, the day the Supreme Court hears a major case on access to pills used to terminate pregnancies. More

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    Insurance Companies and the Prior Authorization Maze

    More from our inbox:Elect the U.S. Attorney GeneralFriendship MemoriesA Leadership GapInsurance companies have weaponized a seemingly benign process to protect their profits, and it’s putting patients at risk.To the Editor:Re “‘What’s My Life Worth?’ The Big Business of Denying Medical Care,” by Alexander Stockton (Opinion video, March 14), about prior authorization:Mr. Stockton’s video captures a current snapshot of an important truth about medical insurance in our country and in doing so does a service to all citizens by making them aware of this threat to themselves and their families.The immediate truth is that medical insurance companies are inadequately regulated, monitored and punished for their greed. In their current iteration they are bastions of greed, power and money. They need to be reined in.But there are other truths as well. Some physicians, just like some pharmaceutical companies, are unable to contain their greed and allow avarice to cloud their judgment, compromise their ethics and in some cases cross the line to Medicare fraud or other illegal activity.Medical care in our country is very big business involving billions of dollars. Without proper controls, regulation and monitoring, malfeasance follows. The challenge in such a complex and multifaceted context is how to implement such controls and monitoring without making things worse.Ross A. AbramsJerusalemThe writer, a retired radiation oncologist, is professor emeritus at Rush University Medical Center in Chicago.To the Editor:The Times’s video exploits tragic outcomes and does not mention basic important facts about the limited yet key role of prior authorization in ensuring that patients receive evidence-based, affordable care.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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    Kamala Harris Visits Parkland and Urges States to Adopt Red-Flag Gun Laws

    At the site of the 2018 school shooting in Florida, the vice president announced federal help for states to limit weapon access for people deemed to be threats.Vice President Kamala Harris stood beside the parents of children killed in the 2018 shooting at Marjory Stoneman Douglas High School in Parkland, Fla., and announced a new federal resource center to help states implement their red-flag laws.Drew Angerer/Agence France-Presse — Getty ImagesVice President Kamala Harris on Saturday toured the still-bloody and bullet-pocked classroom building in Parkland, Fla., where a gunman killed 14 students and three staff members in 2018, using the grim backdrop to announce a new federal resource center and to call for stricter enforcement of gun laws.The freshman building at Marjory Stoneman Douglas High School had been preserved as evidence for criminal trials and is set to be demolished this summer. For now, it remains a memorial to one of the most shocking mass shootings in the history of the United States.In remarks after taking her tour and meeting for more than an hour with family members of victims of the attack, Ms. Harris said the experience had been a compelling one.“Let us, through the courage and the call to action of these families, find it in ourselves to consider what they’ve been through as some level of motivation and inspiration for all of us,” she said.“This school is soon going to be torn down,” the vice president added. “But the memory of it will never be erased.”Ms. Harris said the attack, carried out by a former student with a history of mental health and behavior problems, should prompt officials around the country to embrace local red-flag laws. These allow courts to temporarily seize firearms and other dangerous weapons when they believe a person may be a threat to themselves or others. The Parkland shooter had purchased his gun legally.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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    Ocasio-Cortez, in House Speech, Accuses Israel of ‘Genocide’

    Representative Alexandria Ocasio-Cortez had called for a permanent cease-fire in the war between Israel and Hamas, but had resisted labeling the conflict a genocide.Representative Alexandria Ocasio-Cortez warned on Friday that Israel’s blockade of Gaza had put the territory on the brink of severe famine, saying publicly for the first time that the nation’s wartime actions amounted to an “unfolding genocide.”In a speech on the House floor, Ms. Ocasio-Cortez, a New York Democrat, forcefully called on President Biden to cut off U.S. military aid to Israel unless and until it begins to allow the free flow of humanitarian assistance into the Gaza Strip.“If you want to know what an unfolding genocide looks like, open your eyes,” she said. “It looks like the forced famine of 1.1 million innocents. It looks like thousands of children eating grass as their bodies consume themselves, while trucks of food are slowed and halted just miles away.”The comments were a sharp rhetorical escalation by Ms. Ocasio-Cortez, the de facto leader of the Democratic Party’s left wing, and they illustrated the intense pressure buffeting party officials as they grapple with how to respond to Israel’s war tactics and the deepening humanitarian crisis.Ms. Ocasio-Cortez, defying party leaders, has been a proponent of a permanent cease-fire since Hamas’s deadly attack on Israel on Oct. 7, and has called for putting conditions on American military aid to Israel. But she had resisted describing the ensuing war, which has killed 30,000 Gazans and left the territory in ruins, as a genocide.Israel has firmly denied that the term applies, and Ms. Ocasio-Cortez indicated in January that she was waiting for the International Court of Justice to render an opinion on a legal designation. Privately, she has expressed concerns to some allies that the highly contentious term would alienate potential supporters of a cease-fire.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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    Sherrod Brown Embarks on the Race of His Life

    Ohio will almost certainly go for Donald Trump this November. The Democratic senator will need to defy the gravity of the presidential contest to win a fourth term.Senator Sherrod Brown, Democrat of Ohio, has always had the luxury of running for election in remarkably good years for his party. He won his seat in 2006, during the backlash to the Iraq War, won re-election in 2012, the last time a Democrat carried the state, and did so again in 2018, amid a national reckoning of Donald J. Trump’s presidency.His campaign in 2024 will be different, and most likely the toughest of his career, with a Republican Party determined to win his seat and a Democratic president hanging off him like one of his trademark rumpled suits. In an election year when control of the Senate relies on the Democratic Party’s ability to win every single competitive race, an enormous weight sits on the slumped shoulders of the famously disheveled 71-year-old.“I fight for Ohioans,” Mr. Brown said in an interview on Wednesday. “There’s a reason I win in a state that’s a little more Republican.”Mr. Brown’s tousled hair and gravelly voice have spoken to working-class voters since he was elected Ohio’s secretary of state in 1982. His arms may be clenched tightly around his chest, but he projects a casual confidence that he can win once again in firmly red Ohio, where he is the last Democrat holding statewide office.But beneath that image is trouble. On Monday, he had just received an endorsement from the 100,000-strong Ohio State Building and Construction Trades Council, when a retired bricklayer, Jeff King, pulled him aside in a weathered union hall in Dayton.Mr. Brown has had plenty of achievements to run on, Mr. King, who made the trip from his local in Cincinnati, told the senator. But, he asked, would workers in a blue-collar state that has twice handed Mr. Trump eight-percentage-point victories understand who should get the credit?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