Untangling Epstein’s Web

More fallout from the Jeffrey Epstein sex-trafficking scandal: Prince Andrew gave a disastrous interview about his friendship with Mr. Epstein, and later announced that he will “step back from public duties for the foreseeable future.” In related news, the prison guards on duty the night Mr. Epstein committed suicide have been accused of shopping online and sleeping instead of checking on him. And finally, Victoria’s Secret, which got sucked into the Epstein case when Lesley Wexner, the chief executive of its parent company, was revealed as one of Mr. Epstein’s biggest financial clients, has canceled its annual fashion show. The televised cleavage bonanza has been increasingly criticized for objectifying women.

Image Credit... Giacomo Bagnara

What’s Next? (Nov. 24-30)

Big Tech Cracks Down on Microtargeting

Normally, political ads are tailored to people who might be swayed by their messaging. But this practice also enables advertisers to single out small groups with false or misleading information that the broader public never sees — or fact checks. To mitigate that problem, Facebook is in talks to increase the minimum number of people who can be targeted with political ads from 100 to a few thousand. And Google announced plans to restrict microtargeting based on individuals’ browsing histories, public voter records or political affiliations. The company’s decision will begin to affect Britain this week and the rest of the world in the coming months.

A Showdown Between Car Rivals

General Motors has accused its rival Fiat Chrysler of bribing officials at the United Auto Workers union to get the upper hand in contract negotiations, and will seek billions of dollars in damages as a result. Hours after G.M. filed the lawsuit on Wednesday, the union’s president resigned. Fiat Chrysler said it was “astonished” by G.M.’s charges and suggested that they were intended to disrupt a proposed merger with Peugeot SA, which would result in the world’s fourth-biggest carmaker (slightly ahead of G.M.). Whether or not the lawsuit was intended to scuttle the merger, it could drag on — and roil the auto industry — for years.

Trade Talks for Christmas

After more soft-shoeing around the possibility of a limited, “phase one” trade deal, China’s chief trade negotiator has reportedly invited his American counterparts back to Beijing for a fresh round of face-to-face talks. But tensions between the two countries aren’t exactly improving these days, especially after the Senate drew China’s ire by passing legislation in support of pro-democracy protesters in Hong Kong. When Mr. Trump was asked about the potential for a deal this week, he told reporters, “I don’t think they’re stepping up to the level that I want.” The existing tariffs (as well as the next round of increases scheduled for December) are expected to put a significant damper on holiday shopping season.