Happy Monday and welcome back to The Daily Courant, your afternoon medley of Puck’s best new reporting.

First up today, Dylan Byers investigates Gerry Cardinale’s second failed run at acquiring the U.K.’s historic Tory broadsheet, The Telegraph, for a tidy $674 million. As with the first go-round, the bid faced strong political headwinds and resistance from the Telegraph staff. And yet, with the paper once again searching for a Goldilocks buyer, has it missed a rare opportunity to become the “global center-right equivalent to The New York Times”?

Plus, below the fold: Leigh Ann Caldwell previews the bruising week ahead for Republicans amid the latest Epstein revelations and a thorny healthcare debate. Bill Cohan examines Marc Rowan’s bull case for the private credit market following a string of bankruptcies and defaults. Marion Maneker tours a trifecta of surrealist shows in Philadelphia, while Julie Davich charts the ascent of Picasso-era painter Wifredo Lam. And Sarah Shapiro reveals ShopMy’s top 10 sales-driving fashion items in October.

Meanwhile, on the pods: John Ourand reunites with NWSL commissioner Jessica Berman on The Varsity to break down the league’s media strategy and upcoming expansion. And on The Powers That Be, Peter Hamby and Jon Kelly chew over the implosion of the RedBird-Telegraph deal, and the end of the YouTube TV–Disney carriage battle.

Finally, if you missed Leigh Ann’s wide-ranging chat in D.C. last week with the creative minds behind Kathryn Bigelow’s nuclear armageddon thriller, A House of Dynamite, presented in partnership with Netflix, you can find a transcript of that conversation by clicking here.

After a second bid to take over The Telegraph met a particularly British brand of resistance, RedBird Capital walked away from the whole ordeal. Now the 170-year-old paper is back to waiting for a Goldilocks buyer.

Meta is investing $600 billion in American infrastructure and jobs, creating opportunities in communities across the country.

Phil, a Lead Building Engineer in Los Lunas, New Mexico, has seen the impact that Meta’s investment can bring.

"Supporting my family used to mean leaving my hometown and missing out on special moments,” he says. “Now, it doesn't.”

Explore Phil’s story.

The week ahead is likely to be the hardest for Republicans this session, with a lose-lose proposition on the Epstein vote: Cross Trump, or alienate the base? And then there’s the healthcare conversation they’d much rather avoid…

A recent string of bankruptcies and defaults suggests some challenges in the seemingly indomitable private credit market. And yet, according to some O.G.s, things have never been better. Apollo’s Marc Rowan lays bare the risks and rewards.

Three new surrealism shows in Philadelphia—an unsung art center—arrive at a moment when the genre has become a dominant theme in the art world.

Wifredo Lam was born to a Chinese father and an Afro-Cuban mother, came of age with Picasso in late 1930s Europe, and preferred painting on paper to canvas. Now, with a new MoMA retrospective, as well as nearly 20 works up for auction next week, the hard-to-categorize painter is finding global recognition.

Meta's AI infrastructure is bringing jobs to local communities.

For Phil—and many Los Lunas, New Mexico locals—supporting his family used to mean “leaving town, and missing moments I couldn’t get back." Not anymore.

Meta is investing $600 billion in American infrastructure and jobs, creating opportunities in communities nationwide.

Explore Phil’s story.

Shoppers continue to pillage influencers’ closets, while The RealReal proves that scaling “unique” is a great way to grow everything except actual profit.

NWSL commissioner Jessica Berman joins John to discuss the current boom times—from surging TV ratings and record-breaking crowds to the league’s ubiquitous media strategy and upcoming expansion into Boston, Denver, and Atlanta—and why the forthcoming men’s World Cup could supercharge everything.

Jon Kelly returns to the booth for a candid chat with Peter about what really went down regarding RedBird’s decision to pull the plug on its Telegraph deal—the latest unexpected twist in a multiyear saga featuring a potent mix of private equity, enraged journalists, Emiratis, and U.K. regulators. The duo also explores the dynamics of the Disney–YouTube TV negotiations.

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