• Hey, big spender.
India’s government releases its annual budget today. Foreign investors are watching closely.
Prime Minister Narendra Modi, a strong proponent of globalization, remains immensely popular with his political base. But his tantalizing promises to grow the $2 trillion economy have fallen short amid rising unemployment and falling consumer confidence.
(Most economists agree that two of his policy gambles — abruptly voiding most of the nation’s currency and imposing a sweeping sales tax — have slowed India’s meteoric growth.)
• Australia is making headlines around the world — for a major, and seriously quirky, security breach.
The national broadcaster, ABC, published parts of a trove of top-secret files that came from a locked filing cabinet the government had lost the keys to, and sold to an antique shop. Among other shockers, the files reveal a further breach: The Australian Federal Police lost hundreds of national-security documents.
Prime Minister Malcolm Turnbull — who was already pushing for stricter control of classified information — has opened an “urgent investigation” into the lapse.
• A sports blockbuster.
Just as global sports officials are preparing to travel to South Korea for the Winter Olympics, we obtained a subpoena showing that the U.S. is investigating international sports corruption, and is seeking information from some of the biggest sports organizations in the world, including FIFA, the International Olympic Committee and the United States Olympic Committee.
In a lighter vein, Times Magazine writers explore how a top skier trains, how curling went subtropical, why Koreans excel at speedskating, and the Nigerian bobsled team, above.
• And did you get to see the super blue blood moon? Check out our photo roundup.
• More than a million followers disappeared from the accounts of dozens of prominent Twitter users after a Times report on a vast trade in fake followers and fraudulent engagement on social media sites.
• Mixing hemp with lime products to make a natural concrete is a centuries-old idea. It’s also a growing sector of the cannabis market for farmers in Australia, China, Nepal and more than two dozen other countries.
• Fujifilm Holdings of Japan will take a majority stake in Xerox, the U.S. company that pioneered the computer mouse and whose name became a ubiquitous synonym for photocopying.
• Alibaba, China’s e-commerce giant, reports earnings late today. Some expect to see the slowest growth in six quarters.
In the News
• Carrie Grace, the former China editor of the BBC who resigned over unequal pay, told a panel of the British Parliament that the news agency had offered her £100,000 in back pay instead of explaining why she was earning less than male colleagues. [Evening Standard]
• Prime Minister Teresa May’s efforts to promote trade on her visit to China are shadowed by uncertainties about her hold on power and Britain’s withdrawal from the European Union. [The New York Times]
• A strong earthquake hit the capitals of Pakistan and Afghanistan, killing a Pakistani girl and injuring at least 15 others. It was also felt in New Delhi. [Associated Press]
• Prosecutors in Taiwan accused a former judge and his son of violating U.N. sanctions on North Korea by transporting coal to Vietnam from North Korea through a Chinese middleman. [The New York Times]
• “A great day for elephants.” A wildlife activist celebrated after Hong Kong’s lawmakers voted to ban all ivory sales by 2021, joining a ban in place in most of the world since 1990. [The New York Times]
Tips, both new and old, for a more fulfilling life.
• A reader asked what to do when her in-laws are suffocatingly nice. Setting boundaries is key.
• Bring positive energy into your home, no matter how tight the space.
• If you haven’t cooked with gochujang, the spicy Korean condiment, start with this braised chicken dinner.
• “House of Cards,” the Netflix drama, is back in production with a revamped cast. Diane Lane and Greg Kinnear, both Academy Award nominees, are joining for the sixth and final season, which will center on the character played by Robin Wright. Gone is Kevin Spacey, above, amid allegations of sexual misconduct.
• Love’s currency: In our “Modern Love” column, a writer sees Bitcoin investments as a metaphor for a relationship.
• Mural painting in the U.S. used to be unfashionable. But today, thanks to Instagram and hipster culture, it’s a growing business with boldface sponsors.
On this day in 1887, Harvey Wilcox, a real-estate developer from Kansas, filed a plan with Los Angeles County for a small, gridded subdivision that he called Hollywood. (The origin of the name is disputed.)
Over the next decade, Mr. Wilcox and his wife, Daeida, conjured out of the desert a strict Christian utopia of orchards and Victorian cottages, connected to nearby Los Angeles by a lone streetcar line.
There were just a few hundred residents, and the hamlet banned alcohol, bowling alleys and, even briefly in 1910, movie theaters. But the same year, Hollywood voted to merge into Los Angeles.
Soon, movie studios fled the enforcement of Thomas Edison’s monopoly on film patents and started setting up shop in the ideal Southern California light.
In 1923, the Hollywoodland sign went up (it was truncated to Hollywood in 1949). Animated by the same frontier puritanism as early Hollywood, it was an illuminated billboard for a segregated housing development that called itself a fortress against “metropolitanism” — an ad urged, “Protect your family.”
The sign was left up as the so-called Golden Age of Hollywood arrived, a noirish era embodied by the starlet Peg Entwistle, who jumped to her death from the H in 1932.
Penn Bullock contributed reporting.
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