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• A $4 billion deal for a Chinese company to invest in a Manhattan office tower owned by the family of Jared Kushner, Mr. Trump’s son-in-law, fell apart.
• Samsung introduced the Galaxy S8 on Wednesday, its first major smartphone release since the scandal over the Galaxy Note 7, which was known to spontaneously catch fire.
• JPMorgan Chase reduced the number of websites on which its ads appeared to 5,000 a month, from 400,000. The bank found the decision, intended to avoid proximity to fake news or offensive videos, did not hurt its visibility.
• Consumers and stocks may be feeling a postelection boom, but the economic data doesn’t tell the same story.
U.S. stocks were mixed on Wednesday. Here’s a snapshot of global markets.
• Is yoga a part of your morning routine? Here are some moves to make you strong.
• For a half-century, she has led the blind with chutzpah (and often, no cane).
• A chile-flecked, honey-imbued marinade spiked with fresh citrus juice gives this sweet and spicy roast chicken its fiery character.
• The road to nowhere.
More than 130,000 people have amassed along a desert highway in Niger, chased from their villages by Boko Haram, the Islamist militant group. Times journalists spent weeks documenting some of their stories.
• Those indecipherable medical bills.
Many factors have contributed to the high cost of health care in the U.S. But as hospitals have learned to manipulate a complex system of medical codes, the result is often mind-boggling.
• Some good news for elephants.
Ivory’s boom may be over. Its price has sunk, reflecting less demand and better advocacy.
• In memoriam.
William Powell was angry at the war in Vietnam when he wrote “The Anarchist Cookbook,” a guide to causing mayhem that was published in 1971. He later rejected the manifesto, and his death in July has only now become more widely known. He was 66.
Ahmed Kathrada spent 26 years in prison, many of them alongside his close friend Nelson Mandela, for resisting the apartheid system of white minority rule in South Africa. He was 87.
• Best of late-night TV.
On “The Late Show,” Stephen Colbert took issue with a congressional vote to make the sale of consumers’ online information easier: “Taking the side of a cable company? The only thing less popular would be if they passed a bill allowing traffic jams to call you during dinner, to give you gonorrhea.”
When Russia sold Alaska to the U.S. 150 years ago today, there was consternation on both sides of the Pacific.
American critics railed at the principal negotiator, Secretary of State William Seward, calling the deal “Seward’s Folly” and “Seward’s Icebox.” Russian newspapers are still denouncing it.
The Russians sold because they judged the territory a lost cause. After the Crimean War with Britain during the mid-1850s, Moscow determined that Britain would take Alaska in any future conflict.
The transaction cost the U.S. only $7.2 million — approximately $125 million today — to the delight of at least one American paper.
“We have made a fair trade,” argued The Charleston Daily News.
The editors continued, waxing both righteous and pugnacious, that while Europe quarreled over “Eastern questions and German questions, Brother Jonathan” — a national personification and predecessor of Uncle Sam — “can sit with sublime indifference on the top of the Alleghenies and spit his tobacco into either the Atlantic or Pacific, whittling huge California timber with a clasp knife made of iron out of his mountains, and mix his cobbler with lemons grown in his own tropics, and cooled with ice brought from his own Arctic circle.”
Evan Gershkovich contributed reporting.
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