https://www.nytimes.com en-us Copyright 2026 The New York Times Company Fri, 12 Jun 2026 05:12:48 +0000 Fri, 12 Jun 2026 04:01:06 +0000 https://static01.nyt.com/images/misc/NYT_logo_rss_250x40.png https://www.nytimes.com https://www.nytimes.com/2026/06/11/technology/spacex-ipo-price.html https://www.nytimes.com/2026/06/11/technology/spacex-ipo-price.html Elon Musk’s rocket company said it would sell more than 555 million shares at $135 each in its blockbuster initial public offering, which is set to begin trading on Friday. Ryan Mac Thu, 11 Jun 2026 21:38:41 +0000 Musk, Elon Space Exploration Technologies Corp Initial Public Offerings Private Spaceflight Satellites Space and Astronomy Artificial Intelligence Stocks and Bonds Start-ups High Net Worth Individuals Starlink Satellite Constellation (SpaceX) Mario Tama/Getty Images SpaceX will begin trading publicly on Friday under the ticker symbol SPCX. https://www.nytimes.com/2026/06/11/technology/spacex-valuation-skeptics.html https://www.nytimes.com/2026/06/11/technology/spacex-valuation-skeptics.html Elon Musk’s rocket company is spending big and losing money. That has raised questions about whether it can justify its valuation for its blockbuster initial public offering. Ryan Mac and Mike Isaac Thu, 11 Jun 2026 20:30:58 +0000 Musk, Elon Initial Public Offerings Space Exploration Technologies Corp Goldman Sachs Group Inc Morgan Stanley Computers and the Internet Space and Astronomy Private Spaceflight Start-ups Stocks and Bonds Data Centers X (Formerly Twitter) Burry, Michael Chanos, James S John Raoux/Associated Press SpaceX has set an initial public offering price of $135 a share, which would value it at $1.77 trillion. Some investors are skeptical that the valuation is justified. https://www.nytimes.com/2026/06/11/business/spacex-openai-ipo-china.html https://www.nytimes.com/2026/06/11/business/spacex-openai-ipo-china.html SpaceX will not raise money from investors in China and Hong Kong. Others firms, like OpenAI, may follow suit. Alexandra Stevenson, Maureen Farrell and Lauren Hirsch Thu, 11 Jun 2026 19:25:06 +0000 China Space Exploration Technologies Corp OpenAI Labs Initial Public Offerings International Relations United States Artificial Intelligence Regulation and Deregulation of Industry Foreign Investments Hong Kong Eric Gay/Associated Press A Starship test flight at the SpaceX’s Starbase in Texas last month. Investors in China are expected to be excluded from the SpaceX initial public offering. https://www.nytimes.com/2026/06/11/us/politics/trump-jay-clayton-intelligence-chief.html https://www.nytimes.com/2026/06/11/us/politics/trump-jay-clayton-intelligence-chief.html The president said he would nominate Jay Clayton, the U.S. attorney in Manhattan and the former chairman of the Securities and Exchange Commission, for the permanent role. Julian E. Barnes, Jonah E. Bromwich, Devlin Barrett and Benjamin Weiser Thu, 11 Jun 2026 22:52:33 +0000 Clayton, Walter J Pulte, William J (1988- ) Trump, Donald J Office of the Director of National Intelligence Appointments and Executive Changes Surveillance of Citizens by Government Espionage and Intelligence Services United States Attorneys Senate United States Politics and Government Gabbard, Tulsi (1981- ) Dave Sanders for The New York Times President Trump’s pick to be the director of national intelligence, Jay Clayton, took over as the U.S. attorney for Manhattan in April 2025. https://www.nytimes.com/2026/06/11/us/politics/what-to-know-jay-clayton.html https://www.nytimes.com/2026/06/11/us/politics/what-to-know-jay-clayton.html Mr. Clayton, the U.S. attorney in Manhattan and a former chairman of the Securities and Exchange Commission, has been overseeing an office known for prominent cases. Benjamin Weiser Fri, 12 Jun 2026 00:52:32 +0000 United States Politics and Government Appointments and Executive Changes United States Attorneys Securities and Exchange Commission Clayton, Walter J Trump, Donald J Comey, James B Comey, Maurene Jefferson Siegel for The New York Times Jay Clayton, then serving as the U.S. attorney, at Gracie Mansion in New York last March. President Trump said he plans to choose him as the next director of national intelligence. https://www.nytimes.com/2026/06/11/arts/music/kennedy-center-appeal-trump-name.html https://www.nytimes.com/2026/06/11/arts/music/kennedy-center-appeal-trump-name.html One day before a deadline to take the president’s name off its facade, the arts institution appealed a federal judge’s ruling that also temporarily blocked it from closing. Julia Jacobs Fri, 12 Jun 2026 01:40:16 +0000 Appointments and Executive Changes United States Politics and Government Boards of Directors Kennedy, John F, Center for the Performing Arts Trump, Donald J Washington (DC) Kevin Lamarque/Reuters Judge Christopher R. Cooper ruled that only Congress had the power to alter the name of the John F. Kennedy Center for the Performing Arts, which was dedicated to the president in a 1964 law. https://www.nytimes.com/2026/06/11/us/trump-los-angeles-homeless.html https://www.nytimes.com/2026/06/11/us/trump-los-angeles-homeless.html The Trump administration cited misspending among the reasons for blocking funds to the Los Angeles Homeless Services Authority. Mayor Karen Bass warned that “people will lose their lives.” Jill Cowan Fri, 12 Jun 2026 02:05:03 +0000 Federal Aid (US) Poverty Public and Subsidized Housing Homeless Persons Federal Budget (US) Housing and Urban Development Department Trump, Donald J Los Angeles (Calif) Kenny Holston/The New York Times Scott Turner, the housing secretary, said his agency would not fund what he called the “corrupt failure” of Los Angeles’s homelessness efforts. https://www.nytimes.com/2026/06/11/us/politics/trump-california-vote-elections-investigations.html https://www.nytimes.com/2026/06/11/us/politics/trump-california-vote-elections-investigations.html The department once tried to stay out of state elections, urging caution. It is now pressing forward with claims of fraud as President Trump revives his unfounded assertions that elections cannot be trusted. Devlin Barrett Thu, 11 Jun 2026 19:44:50 +0000 United States Politics and Government Midterm Elections (2026) Presidential Election of 2024 Justice Department Fox News Channel Republican Party Blanche, Todd (Attorney) Essayli, Bill A Trump, Donald J Beck, Glenn California Los Angeles (Calif) Philip Cheung for The New York Times Voters casting their ballots in California’s primary races in Los Angeles last week. https://www.nytimes.com/2026/06/11/us/politics/usps-mail-voting-democratic-resistance.html https://www.nytimes.com/2026/06/11/us/politics/usps-mail-voting-democratic-resistance.html Democrats and voting-rights groups have challenged the proposed rule as a harmful federal intrusion that could affect millions of voters who cast their ballots by mail. Adam Sella and Nick Corasaniti Thu, 11 Jun 2026 20:39:21 +0000 United States Postal Service Trump, Donald J Midterm Elections (2026) Elections Absentee Voting Voting and Voters States (US) United States Politics and Government Executive Orders and Memorandums Federal-State Relations (US) Voting Rights, Registration and Requirements Nichols, Carl J Jeff Chiu/Associated Press Department of Elections workers sort mail-in ballots for the California primary election at City Hall in San Francisco, Calif., earlier this month. https://www.nytimes.com/2026/06/11/business/oil-gas-price-iran.html https://www.nytimes.com/2026/06/11/business/oil-gas-price-iran.html Oil prices retreated and stocks rallied after President Trump called off plans for another day of strikes on Iran, saying that a peace deal could be within reach. The New York Times Fri, 12 Jun 2026 03:48:24 +0000 US and Israeli Attack on Iran (2026) Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Stocks and Bonds Standard & Poor's 500-Stock Index Iran Eli Hartman/Reuters https://www.nytimes.com/2026/06/11/world/middleeast/iran-war-fear-hope.html https://www.nytimes.com/2026/06/11/world/middleeast/iran-war-fear-hope.html In addition to concerns about their safety in the event of another all-out war, many Iranians worry about the country’s economy further collapsing if the conflict remains in limbo. Farnaz Fassihi Thu, 11 Jun 2026 22:10:37 +0000 US and Israeli Attack on Iran (2026) Khamenei, Ali Pezeshkian, Masoud Iran Tehran (Iran) Arash Khamooshi/Polaris for The New York Times Tehran on Monday. https://www.nytimes.com/2026/06/11/us/john-cornyn-interview-trump.html https://www.nytimes.com/2026/06/11/us/john-cornyn-interview-trump.html In his first extensive interview since his defeat by a Trump-backed challenger, the Texas Republican said the Senate was in for a “bumpy ride” as he and others flex new political freedom. Carl Hulse Thu, 11 Jun 2026 16:47:55 +0000 Cornyn, John Trump, Donald J Texas Senate Republican Party Paxton, Ken Elections, Senate Midterm Elections (2026) United States Politics and Government Pete Marovich for The New York Times “There’s never going to be good enough for him, other than 100 percent, you know, slavish adherence to whatever he wants,” Senator John Cornyn said of President Trump. “But obviously that’s not what the senator’s role is supposed to be.” https://www.nytimes.com/2026/06/11/us/politics/conor-mcgregor-ufc-drugs.html https://www.nytimes.com/2026/06/11/us/politics/conor-mcgregor-ufc-drugs.html McGregor, the Ultimate Fighting Championship’s main attraction, had the support of the prominent sports physician Neal ElAttrache when he decided to use performance-enhancing drugs. Michael S. Schmidt Thu, 11 Jun 2026 19:22:14 +0000 McGregor, Conor (1988- ) Steroids Doping (Sports) ElAttrache, Neal Mixed Martial Arts Ultimate Fighting Championship Tests (Drug Use) World Anti-Doping Agency Bone Fractures Surgery and Surgeons John Locher/Associated Press Conor McGregor preparing to fight Dustin Poirier in Las Vegas in 2021. McGregor suffered a badly broken leg during the bout. https://www.nytimes.com/2026/06/11/sports/baseball/baseball-doctor-steroids-mcgregor.html https://www.nytimes.com/2026/06/11/sports/baseball/baseball-doctor-steroids-mcgregor.html The inquiry comes after a report that Dr. Neal ElAttrache, the physician for the team, supported the U.F.C. star Conor McGregor in using performance-enhancing drugs while recovering from an injury. Michael S. Schmidt Thu, 11 Jun 2026 23:30:04 +0000 Cheating Baseball Steroids Doping (Sports) Doctors Mixed Martial Arts Los Angeles Dodgers Los Angeles Rams Major League Baseball ElAttrache, Neal Manfred, Robert D McGregor, Conor (1988- ) Los Angeles (Calif) Ultimate Fighting Championship The Yomiuri Shimbun, via Associated Press Images Dr. Neal ElAttrache with Shohei Ohtani of the Los Angeles Dodgers during a game in Tokyo in 2025. https://www.nytimes.com/2026/06/11/us/politics/trump-ufc-claw-white-house.html https://www.nytimes.com/2026/06/11/us/politics/trump-ufc-claw-white-house.html The towering claw will be the site of an Ultimate Fighting Championship cage match on Sunday, which is President Trump’s 80th birthday. Shawn McCreesh Thu, 11 Jun 2026 18:28:13 +0000 United States Politics and Government Ultimate Fighting Championship Trump, Donald J Mixed Martial Arts Haiyun Jiang/The New York Times https://www.nytimes.com/2026/06/12/world/europe/russian-book-theft-trial-paris.html https://www.nytimes.com/2026/06/12/world/europe/russian-book-theft-trial-paris.html One by one, valuable works by Russian masters like Pushkin and Gogol were disappearing from libraries across Europe. Now six defendants are being prosecuted. Ephrat Livni Fri, 12 Jun 2026 04:01:06 +0000 Europe Robberies and Thefts Libraries and Librarians Books and Literature Collectors and Collections Pushkin, Aleksandr France Russia Georgia (Georgian Republic) Dmitri Lovetsky/Associated Press A sculpture of Alexander Pushkin made of paper at a bookstore in St. Petersburg, Russia, this week. https://www.nytimes.com/2026/06/11/nyregion/mamdani-dolan-knicks-feud.html https://www.nytimes.com/2026/06/11/nyregion/mamdani-dolan-knicks-feud.html Mr. Dolan, the owner of the New York Knicks, began a public feud with Mayor Zohran Mamdani with his team on the verge of an N.B.A. title. Dana Rubinstein Thu, 11 Jun 2026 22:38:45 +0000 Dolan, James L Mamdani, Zohran New York City Bryant Park (Manhattan, NY) Fans (Persons) Stadiums and Arenas NBA Championship Madison Square Garden New York Knicks National Basketball Assn Brett Davis/Imagn Images James Dolan suggested that the incompetence of Mayor Zohran Mamdani and the police commissioner, Jessica Tisch, left them incapable of handling “anything like this.” https://www.nytimes.com/2026/06/11/insider/knicks-bad-season.html https://www.nytimes.com/2026/06/11/insider/knicks-bad-season.html In 2015, the team was so bad, The Times’s beat writer took a break to search for the game in its prettier forms. Terence McGinley Fri, 12 Jun 2026 00:00:08 +0000 Basketball New York Knicks Michael Appleton for The New York Times Pickup at the McBurney Y.M.C.A. was a pick-me-up for a weary N.B.A. reporter. https://www.nytimes.com/2026/06/11/us/supreme-court-blocks-alabama-nitrogen-execution.html https://www.nytimes.com/2026/06/11/us/supreme-court-blocks-alabama-nitrogen-execution.html The unsigned decision for now spares Jeffery Lee, a convicted murderer, and could lead to a broader fight over the relatively new execution method. Rick Rojas and Abbie VanSickle Fri, 12 Jun 2026 03:37:24 +0000 Capital Punishment Supreme Court (US) Alabama Lee, Jeffery Kenny Holston/The New York Times Jeffery Lee was scheduled for execution on Thursday before the ruling. https://www.nytimes.com/2026/06/11/world/asia/thai-princess-bajrakitiyabha-bha-dead-coma.html https://www.nytimes.com/2026/06/11/world/asia/thai-princess-bajrakitiyabha-bha-dead-coma.html Ever since she collapsed in a park three and a half years ago, speculation has swirled in Thailand about who could become the next monarch. Sui-Lee Wee Fri, 12 Jun 2026 02:36:52 +0000 Thailand Dipangkorn Rasmijoti, Prince of Thailand Vajiralongkorn (1952- ) Royal Families Deaths (Obituaries) Rungroj Yongrit/EPA, via Shutterstock Princess Bha of Thailand greeting royalists during a public appearance in Bangkok in 2020. https://www.nytimes.com/2026/06/11/weather/chicago-illinois-tornado-storms.html https://www.nytimes.com/2026/06/11/weather/chicago-illinois-tornado-storms.html For the second day in a row, Chicago is in the bull’s-eye of severe weather on Thursday, but the storm forecast is widespread. Judson Jones Fri, 12 Jun 2026 03:03:27 +0000 Weather Tornadoes Power Failures and Blackouts Great Lakes Texas https://www.nytimes.com/2026/06/11/climate/el-nino-noaa.html https://www.nytimes.com/2026/06/11/climate/el-nino-noaa.html The global weather pattern threatens to worsen floods and heat waves already intensifying due to climate change. But it may also mean fewer hurricanes. Chico Harlan Thu, 11 Jun 2026 17:25:34 +0000 Global Warming National Oceanic and Atmospheric Administration El Nino Southern Oscillation Charlie Riedel/Associated Press Drought-stressed wheat in a field in Kansas last month. https://www.nytimes.com/2026/06/11/science/ecology-mycorrhizal-fungus.html https://www.nytimes.com/2026/06/11/science/ecology-mycorrhizal-fungus.html With machine learning and a high-resolution imaging robot, scientists measured and mapped the extent of Earth’s carbon circulatory system. Emily Anthes Thu, 11 Jun 2026 18:00:09 +0000 your-feed-science Fungi Soil Conservation of Resources Flowers and Plants Agriculture and Farming Artificial Intelligence Forests and Forestry Free University Science (Journal) University of Amsterdam Kiers, Toby Everglades (Fla) South Sudan Tibet https://www.nytimes.com/2026/06/11/opinion/tom-steyer-california-governor.html https://www.nytimes.com/2026/06/11/opinion/tom-steyer-california-governor.html Imagine what Tom Steyer could have done with all the money he wasted on another campaign. Michelle Cottle Thu, 11 Jun 2026 20:44:10 +0000 Elections, Governors Campaign Finance Primaries and Caucuses United States Politics and Government High Net Worth Individuals Steyer, Thomas F California Michael Schmelling for The New York Times https://www.nytimes.com/2026/06/11/opinion/inequality-musk-thiel-carvalho-billionaires.html https://www.nytimes.com/2026/06/11/opinion/inequality-musk-thiel-carvalho-billionaires.html Our founding creed has always had its critics. Kim Phillips-Fein Thu, 11 Jun 2026 19:41:34 +0000 Palantir Technologies University of Austin Musk, Elon Thiel, Peter A https://www.nytimes.com/2026/06/11/world/asia/north-korea-drones-martial-law.html https://www.nytimes.com/2026/06/11/world/asia/north-korea-drones-martial-law.html A court ruled that Yoon Suk Yeol, the impeached former president, had sought to stir up instability to justify his bid for authoritarian rule in 2024. Choe Sang-Hun Fri, 12 Jun 2026 03:33:49 +0000 Drones (Pilotless Planes) Politics and Government Martial Law International Relations Decisions and Verdicts North Korea Pyongyang (North Korea) Seoul (South Korea) South Korea Yoon Suk-yeol Lee Jae-myung Pool photo by Kim Hong-Ji Former President Yoon Suk Yeol of South Korea, center, arriving for a hearing to review his arrest warrant in Seoul in 2025.