Trump’s Short Wars Have a Way of Circling Back

War without entanglement may not exist, a priceless Picasso is languishing in Tehran, and a California congressman is coming for the “Epstein class.”
A view of the destroyed al-Jaraf area after the US launched airstrikes in several Yemeni cities in March 2025.Photographer: Mohammed Hamoud/Anadolu/Getty Images

Welcome to the weekend,

The company that produces elastane filed for Chapter 11 on Tuesday — one might say its balance sheet had been stretched thin. Which company is it? Find out with this week’s Pointed quiz.