Stories by Justin Green

A brief list of better questions for billionaire presidential candidates

Illustration of question mark with a cheerio as the dot.
Illustration: Sarah Grillo/Axios

Howard Schultz sounded stumped last week when asked the price of a staple that wasn’t coffee — a reminder of the campaign-trail hazards for billionaires trying to project a common touch.

What happened: Mika Brzezinski asked Schultz on MSNBC's "Morning Joe": “How much does an 18 ounce box of Cheerios cost?" Schultz responded: "An 18 ounce box of Cheerios? I don’t eat Cheerios." Spoiler: They're about 4 bucks at Walmart.

Wall Street's not so Merry Christmas

New York Stock Exchange. Photo: Drew Angerer/Getty Images

The Dow had its worst Christmas Eve ever, dropping 653 points to close at 21,792 — and all 11 of the S&P 500 sectors are now in negative territory in 2018, Bloomberg reports.

Why it matters: Treasury Secretary Steven Mnuchin's unsettling weekend statement that the big banks have enough liquidity clearly didn't calm anyone down.

The drone nightmare is here

Illustration of buzzing drones around giant fly swatter
Illustration: Sarah Grillo/Axios

We still know very little about the drones that have shut down Gatwick, the U.K.'s second busiest airport, but their example is a painful reminder of our transportation system's vulnerabilities.

The big picture: This is why drone manufacturers want rules to prevent incidents like this that significantly damage trust in the nascent industry. In the U.S., the Federal Aviation Administration was expected to craft regulations this year. That didn’t happen, and drone companies aren’t happy.

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