Tuesday, April 30

ByKevin Sheekey

Hot on the Bloomberg:
-Venezuela’s Guaido Says He Has Military Support to Take Power; U.S. Vows Support (Bloomberg)
Opposition leader Juan Guaido this morning appeared in a video posted on Twitter, surrounded by soldiers, and calling for an uprising.
-Trump Sues to Stop Deutsche Bank From Disclosing Accounts (Bloomberg)

War for Truth: President Trump Has Made More Than 10,000 False or Misleading Claims (Washington Post)
As of April 27, the tally in the Washington Post’s “Fact Checker” database stands at 10,111 false or misleading claims. That’s an average of 12 per day of 828 days of his presidency.

Boeing’s Pain is Airbus’s Gain: Airbus Earnings Jump on Higher Output of Rival to Boeing Max (Bloomberg)

Fed Watch: Solving Trump’s Federal Reserve Problem (New York Times)
New York Times columnist Ross Douthat recommends Trump nominate Bloomberg Opinion columnists Ramesh Ponnuru or Karl Smith to the Federal Reserve Board.

Climate of Hope: Tipping Point – U.S. Renewable Energy Set to Surpass Coal in April – The First Month It’s Ever Happened (CNN)

Saving Lives: How Bloomberg Philanthropies is helping Bangladesh Turn the Tide Against Child Drowning (The Telegraph – UK)
The initiative – introduced in seven districts covering a population of several hundred thousand – has already reduced the number of children drowning by 80 percent.

Disney Today: Avengers Makes Disney Invincible in 2019. Then What? (Bloomberg Opinion)
Disney CEO Bob Iger “has transformed Disney through his acquisitions of Pixar, Marvel, Lucasfilm and BAMTech over his tenure, during which shares of Disney have returned 608 percent, far exceeding the S&P 500 index’s total return,” Bloomberg Opinion’s Tara Lachapelle writes.

Avengers earned $1.2 billion over a weekend! Disney now has nine of the top 10 highest grossing movies of all time, with the forthcoming Lion King (featuring Beyonce as the voice of Nala) in July and the final installment of the Star War saga at the end of this year. This continues a long run of success for Disney under Iger. Few recall that when Steve Jobs died in 2011, his Disney stock was worth five times his Apple stock.

Maybe investors should focus less on Bob Iger’s pay, and more on extending his contract.

Media News:
-Meet Lis Smith, the Woman Behind the Pete Buttigieg Media Frenzy (Politico)
-How Fox News Dominates Facebook in the Trump Era (Vice News)
-Jobs Boom in Public Relations as Buffett Sees Newspapers Struggle (Bloomberg)


Best of late night.

On the opening weekend of the Avengers: Endgame:

“It’s a 182-minute epic, wrapping up 21 movies telling one massive story. There’s been ups and downs, rivalries and infighting, but the heroes put their differences aside to fight the true villain. Do you hear that, Democrats? Go nuts for the primaries, then just shut up and win.”
— Stephen Colbert

“What a weekend! We had ‘Avengers: Endgame’ in theaters, we had the Battle of Winterfell on Game of Thrones. It was the first time kids had to tell their parents: ‘Okay, that’s enough screen time!’”
— Jimmy Fallon

“I saw that the CIA just launched their own account on Instagram. Sounds cool until you get a notification saying ‘the CIA is now following you’.”
— Jimmy Fallon

For more best of late night from the New York Times, click here.