Friday, April 12

ByKevin Sheekey

Let the Streaming Wars Begin: Disney Shares Rise to Record as Investors Cheer Streaming Service to Challenge Netflix (Bloomberg)
The entertainment giant revealed $7 price for Disney+ streaming service on Thursday.

Trump in 2016: ‘Oh, we love WikiLeaks’ Trump today: ‘I know nothing about WikiLeaks.’ (Politico)
The president had nice things to say about WikiLeaks more than 140 times during the 2016 campaign. Today, he says he has no idea…

Why Julian Assange Matters (Axios PM)
Few figures have been so influential in our past decade — think Hillary Clinton’s emails and his offers to assist former NSA contractor Edward Snowden.

Millionaires Who Trash Millionaires: Bernie Sanders is a Millionaire But Sees No Need to Apologize (Bloomberg Opinion – Editorial)

Earnings Today:
-JPMorgan Gets One More Boost Off Rate Hikes Before Fed Pause
(Bloomberg)
Bank’s net interest income rises to a record $14.5 billion; Trading revenue declines 17% as stock, bond results worsen.
-Wells Fargo Profit Surprise Offers Respite After Tough Start (Bloomberg)
First-quarter net income rises to the highest in five years.

Uber Makes IPO Case That It’s About the Platform, Not the Losses (Bloomberg)
The company is pitching diversified interconnected services and food delivery growth as ride-hailing growth slows.

Economy Watch: China Exports Rebound After Holiday, Imports Warn of Fragility (Bloomberg)

Editorial: The Brexit Pause Gives Britain One Last Chance (Bloomberg Opinion)
It isn’t too late for a popular vote to prevent an historic error. Fatigue with every aspect of this farcical process is now so total that any plan that lets Britain move on looks appealing. Trouble is, no such plan is available. This pause offers Britain its last, best chance to reverse a grave mistake. History won’t look kindly on politicians who choose not to seize it.

Sudan Army Ousts President After Protests, Ending 30-Year Rule (Bloomberg)
Click here to watch how women were leading the charge in the Sudan protests.

White House Proposed Releasing Immigrant Detainees in Sanctuary Cities, Targeting Political Foes (Washington Post)


Weekend reads.

India Elections – The World’s Largest-Ever Exercise in Democracy: The Secret Society of Hindu Foot Soldiers Fueling Modi’s Campaign (Bloomberg)

The Legend of Jacinto’s Gold: Long-Lost Gold Lures Thousands in International Treasure Hunt (Bloomberg Businessweek cover)
Two Dominican families, their lawyer, and a quest for hundreds of millions in ancestral riches that may not exist. Versión en español aqui.

Travel Today: Decades After Nuclear Disaster, Tourism is Booming in Chernobyl (Chicago Tribune)

Garden Section: Millennials Spark Houseplant Boom (Bloomberg)
Record demand for Instagram-ready flora has sent ‘plant parents’ scouring the web for fiddle-leaf figs.

What to Stream This Weekend: Moynihan, the movie about the late great Senator Daniel Patrick Moynihan, is now on iTunes. As the documentary’s co-director Joe Dorman said: “In our turbulent political moment, Moynihan’s brilliance, his dedication to enlightened social policy and his fight against poverty over the course of his remarkable life stands an example of what government can do.”


Best of late night.

“This week on an American Airlines flight to Dallas, the flight attendant accidentally spilled drinks on a passenger, and then she found out that he was the C.E.O. of American Airlines. When the rest of the plane heard, they also dumped their drinks on him.”
— Jimmy Fallon

“After facing additional charges stemming from her role in the recent college admissions cheating scandal, actress Lori Loughlin has reportedly reached out to Lindsay Lohan’s former crisis manager for help. Said the crisis manager, ‘Are you sure? I’m not good at this.’”
— Seth Meyers

“According to a new report, earth glaciers have lost nine trillion metric tonnes of ice between 1961 and 2016. Said other glaciers: “Oh my god, you look amazing!””
— Seth Meyers

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