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Blue Owl Capital Sets Off New Fears About the Private Credit Industry

The lender’s announcement that investors would no longer be able to ask for a set amount of money back from its funds prompted worries about the private credit industry.

© Bing Guan/Bloomberg

Blue Owl Capital, the large private lender, has amassed nearly $300 billion in investor money.
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Police Investigate ICE Arrest of a Man Who Suffered Severe Head Injuries

The police in St. Paul, Minn., are investigating an arrest last month during the immigration crackdown. The man has said he was beaten by agents. ICE asserted that he ran into a wall.

© Mark Vancleave/Associated Press

Alberto Castañeda Mondragón told The Associated Press that he was in a friend’s car at a shopping center in St. Paul, Minn., when immigration agents pulled him from the car.
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Trump’s Board of Peace Promises Billions for Gaza, With Few Details

At the inaugural meeting of his new organization, President Trump also endorsed a divisive foreign leader and heard an attack on his former prosecutor, Jack Smith.

© Saher Alghorra for The New York Times

Nine Board of Peace member countries have agreed to contribute more than $7 billion to the Gaza rebuilding effort, President Trump announced Thursday.
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Doug Moe, 87, N.B.A. Coach as Freewheeling as His Style of Play, Dies

A former college All-American touched by scandal, he was irreverent and unpredictable as he piloted his fast-paced Nuggets and Spurs.

© Ed Andrieski/Associated Press

Doug Moe coaching the Denver Nuggets in 1985. A sports journalist’s dream, he was once fined by the N.B.A. front office for throwing water on a referee.
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The Former Prince Andrew Is Arrested

Also, Trump hints at the possibility of military action in Iran. Here’s the latest at the end of Thursday.

© Kirsty Wigglesworth/Associated Press

Andrew Mountbatten-Windsor in a photo from last year.
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Warming Climate Can Increase Avalanche Risk, Studies Show

Research has pointed to the dangers of heavier and wetter snowfall, even as the number of snowy days decreases overall in California’s Sierra Nevada.

© Godofredo A. Vásquez/Associated Press

Motorists stranded on Interstate 80 near Camp Spaulding, Calif., on Thursday.
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Why Prosecutors in Sex-Crime Cases Often Turn to Trafficking Laws

Lawyers build cases around these laws because the statutes are broad and use language that can encompass a variety of crimes, according to experts.

© Jefferson Siegel for The New York Times

Federal prosecutors often turn to sex-trafficking laws for strategic reasons.
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Labor Secretary’s Husband Barred From Department Premises After Reports of Sexual Assaults

At least two female staff members said Dr. Shawn DeRemer had touched them inappropriately at the agency in Washington.

© Kent Nishimura/Reuters

Allegations against Dr. Shawn DeRemer, the husband of Labor Secretary Lori Chavez-DeRemer, were raised as part of an investigation by the Labor Department’s inspector general.
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Trump Plays the Peace Game

To anyone who spent time in the old U.S.S.R., President Trump’s newly hatched “Board of Peace” evokes worrying echoes.

© Illustration by Shannon Lin/The New York Times

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Man Convicted of Murder in Fatal Beatings of 4 Homeless Men

Randy Rodriguez Santos attacked five homeless men in New York City in 2019, killing four of them in a span of minutes.

© Pool photo by Rashid Umar Abbasi

Randy Rodriguez Santos, center, being arraigned in Manhattan Criminal court in 2019. A jury found him guilty of murder in the deaths of four homeless men.
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Their Transgender Child’s Health Care Had Ended. What Now?

In many ways, the parents whose adolescents had been receiving treatment at NYU Langone Health had been expecting this call. Still, they were stunned.

© Gabby Jones for The New York Times

For years, NYU Langone and some other major New York hospitals had built up significant transgender youth health programs.
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Bill Gates Cancels Speech in India Amid Epstein Controversy

The philanthropist made the announcement on Thursday, after having earlier confirmed his participation in a prominent artificial intelligence summit in India.

© Denis Balibouse/Reuters

Bill Gates in January at the annual World Economic Forum meeting in Davos, Switzerland.
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