Then President-elect Donald Trump giving his acceptance speech during his election night rally, Wednesday, Nov. 9, 2016, in New York. Photo: John Locher / AP

A study out overnight from Harvard Business School and its U.S. Competitiveness Project, titled, "Why Competition in the Politics Industry Is Failing America," concludes that

  • "Our political problems are ... a failure of the nature of the political competition that has been created. This is a systems problem."
  • Trump didn't change this: Under Trump, "neither the structure of the politics industry nor its incentives have fundamentally changed."
  • Why it matters: "Politics in America is not a hopeless problem, though it is easy to feel this way ... It is up to us as citizens to recapture our democracy — it will not be self-correcting."

Be smart: Each side's unresolved splits — Bernie v. Hillary, and Trump v. GOP — signal the possibility that the two uber-parties could splinter further, with dozens of Democrats seeking the 2020 nomination, and populist Republicans empowered while the establishment tries to reassert dominance.

Go deeper

Supreme Court won't block Rhode Island's eased absentee voting rules

Photo: Robert Nickelsberg/Getty Images

The Supreme Court said Thursday that it will not block Rhode Island's move to ease its requirements for absentee voting during November's election.

Why it matters: The decision is a loss for Republicans, who had requested an emergency order as the state is expected to begin mailing out its ballots.

Breaking down Uber and Lyft's threat to suspend services in California

Illustration: Lazaro Gamio/Axios

Uber and Lyft are ratcheting up the fight with California’s state government over the classification of drivers with a move that would deprive Californians of their ride-hailing services (and halt driver income).

Driving the news: On Wednesday, both companies said that if a court doesn’t overturn or further pause a new ruling forcing them to reclassify California drivers as employees, they’ll suspend their services in the state until November’s election, when voters could potentially exempt them by passing a ballot measure.

Trump announces normalization of ties between Israel and UAE

Israel Prime Minister Netanyahu, Trump and UAE Crown Prince Mohammed bin Zayed. Photo: Artur Widak/NurPhoto; Samuel Corum; Odd Andersen/AFP via Getty Images

President Trump announced a "historic" deal Thursday which will see Israel and the UAE open full diplomatic relations and Israel suspend its annexation plans in the West Bank.

Why it matters: This is a major breakthrough for Israel, which lacks diplomatic recognition in many Middle Eastern countries but has been steadily improving relations in the Gulf, largely due to mutual antipathy toward Iran.