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NYTIMES (Glenn Thrush, Andrew Duehren and Alan Feuer) - Justice Dept. Sets Up $1.8 Billion Fund That Could Funnel Money to Trump Allies

The arrangement was denounced by critics as a slush fund for supporters of President Trump, possibly including Jan. 6 rioters.

NYTIMES (Yeganeh Torbati) - Here’s How Iran Could Respond to Renewed U.S.-Israeli Strikes

In any new round of fighting, Iranian officials could adopt new tactics, including intensified strikes on neighbors and trying to close off a second strait.

NYTIMES (Patrick McGeehan) - N.Y.C. Hotel Housekeepers Will Earn Over $100,000 Under New Contract

A deal between a powerful union and an industry group substantially boosts annual pay for workers coping with New York City’s high cost of living.

AXIOS (Dan Primack) - Scoop: How LIV Golf plans to stay alive

LIV Golf is better known for its financial banking than for its product, but now is asking investors for a chance to flip the script. Driving the news: Axios has learned that the league, which recently lost the support of Saudi Arabia's Public Investment Fund, will seek to raise up to $250 million from new investors. Catch up quick: LIV was launched in 2022 by Saudi PIF as a less stodgy rival to the PGA Tour, with which it eventually would try but fail to merge. - For Saudi PIF, a new pro golf league was either an effort at economic diversification or at sports-washing its reputation. Either way, it currently owns almost all of LIV and around 75% of each team. Behind the scenes: LIV plans to share the fundraising plan with its players,…

NYTIMES (Julia Halperin and Tim F. Schneider) - Pollock and Brancusi Join the $100 Million Club at Auction

A “drip” painting by the Abstract Expressionist sold for $181.2 million with fees, while a bronze head by the Romanian sculptor, from the S.I. Newhouse collection, brought in $107.6 million at Christie’s.