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Paramount Revises Its Bid for Warner Bros. Discovery

Netflix, Warner Bros. Discovery’s preferred acquirer, now has four days to counter Paramount’s revised offer.

© Ricardo Nagaoka for The New York Times

Paramount had until the end of Monday to submit its best and final offer for Warner Bros. Discovery, which previously announced a deal with Netflix.
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Meta Announces Major Chips-for-Stock Deal With AMD

The multibillion-dollar deal is AMD’s latest move to catch up to Nvidia in the lucrative world of selling artificial intelligence chips.

© Steve Marcus/Reuters

Lisa Su, AMD’s chief executive, has been trying to break into a market for A.I. chips that has been dominated by Nvidia.
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Iranians Brace for War as Trump Considers Targeted Strikes

Stores are well-stocked and shortages of food and other essential supplies have not been reported, but many Iranians are in limbo as they wait to see whether U.S. forces will attack.

© Arash Khamooshi for The New York Times

Iranians walking past the former U.S. embassy in Tehran this month, a day after the start of indirect negotiations between American and Iranian officials in Oman.
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Your Tariff Questions

We’re addressing some of your concerns about President Trump’s tariff regime.

© Ruth Fremson/The New York Times

At the Port of Seattle.
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Homeownership Is Out of Reach for Many Americans, Despite a Buyer’s Market

A growing split between low-to-middle-income families and wealthy households is changing who has access to homeownership now.

© Callaghan O'Hare for The New York Times

Ashlan and Kai McDaniel would love to buy their first home, but feel that market forces aren’t on their side. “It feels very overwhelming,” Ms. McDaniel said.
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Mandelson’s Arrest Adds to Scandal That Has Rattled Starmer and Labour Party

The arrest of the British former envoy to Washington, long a key figure in the Labour Party, deepened a scandal that has led to calls for Prime Minister Keir Starmer’s resignation.

© Carl Court/Agence France-Presse — Getty Images

Peter Mandelson, left, with Prime Minister Keir Starmer in Washington last year. Mr. Starmer fired Mr. Mandelson after learning of Mr. Mandelson’s friendship with the sex offender Jeffrey Epstein.
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ICE Whistle-Blower Says Training Is ‘Broken,’ and OpenAI Faces Questions About Mass Shooter

Plus, how Mexico tracked its most-wanted cartel leader.

© Kenny Holston/The New York Times

“For the last five months, I watched ICE dismantle the training program,” Ryan Schwank, a former Immigration and Customs Enforcement official, told congressional Democrats on Monday.
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Billions in Climate Grants, Frozen for a Year, Are Back in Court

A year after the Trump administration blocked money that had been awarded by Congress for clean energy projects, the legal fight over the funds rages on.

© Kent Nishimura/Reuters

Last year, Lee Zeldin, E.P.A. administrator, sought to cancel $20 billion in clean energy grants that were awarded to eight nonprofits under the Biden administration.
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Gustavo Dudamel’s Long Goodbye to L.A., and Long Hello to New York

As the conductor prepares to leave the Los Angeles Philharmonic for the New York Philharmonic, he says, “I am in two waters.”

© Jake Michaels for The New York Times

Gustavo Dudamel, who is leaving the Los Angeles Philharmonic this summer and taking over as the music and artistic director of the New York Philharmonic in September.
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Ahead of State of the Union, Cracks Appear in Trump Coalition

As the president prepares to speak to the nation, Northeastern Pennsylvania is showing discontent on the edges of the Trump coalition and an energized Democratic opposition.

© Bryan Anselm for The New York Times

Wilkes-Barre, Pa., the county seat of Luzerne County, was once staunchly Democratic but has moved right with the rise of President Trump.
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New York City’s Homeless Population Endures Another Dangerous Storm

Mayor Zohran Mamdani said on Monday that his administration had taken lessons from the city’s last storm, when at least 20 people died after exposure to the cold.

© Graham Dickie for The New York Times

A homeless encampment in Queens. Mayor Zohran Mamdani said on Monday that so far, no outdoor deaths had been reported in New York City during the blizzard.
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‘A Long Speech’: Trump Prepares for State of the Union

President Trump does not like to practice reading the speech out loud, but he spent time mimicking the setup of the House chamber, officials familiar with his plans said.

© Eric Lee/The New York Times

A TV screen showed President Trump’s address to a joint session of Congress at the Capitol last March.
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China Amps Up Pressure on Japan With Restrictions on Exports

Beijing placed the restrictions on 20 Japanese entities with ties to the defense industry, the latest ratcheting up of its monthslong feud with Tokyo.

© The Yomiuri Shimbun, via Reuters

Students of the National Defense Academy of Japan during a parade in Yokosuka in 2023. The academy is one of 20 Japanese entities targeted by China’s new export ban.
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