☕️ Good Saturday morning ... Warren Buffett today published his annual letter to shareholders.
Unlikely to score a big domestic victory heading into the midterm elections and his own reelection, President Trump is trying a new angle in his effort to broker a meaningful peace deal in the Middle East.
Any progress in the Middle East would be a respite for Trump from the homefront, which yesterday brought a month's worth of news:
N.Y. Times Quote of the Day ... Rick Gates, former top aide on Trump campaign, explaining in a letter to friends and family that he was pleading guilty to charges stemming from the inquiry into Russia’s interference in the 2016 election:
Exclusive ... Beginning what could become a widespread financial squeeze on gun manufacturers, Bank of America says in a statement to Axios that it will reexamine its relationship with banking clients who make weapons like AR-15s.
Delta tweet this morning: "Delta is reaching out to the NRA to let them know we will be ending their contract for discounted rates through our group travel program. We will be requesting that the NRA remove our information from their website."
"For many Florida teachers, it’s an indignity on top of tragedy. Inside their retirement plans, they hold stock in the companies that make the AR-15 rifle," Reshma Kapadia writes in the "Streetwise" column of Barron's:
President Trump, spotting a rear view of himself during his 75-minute appearance at the Conservative Political Action Conference:
"Instead of rushing in, several Broward sheriff’s deputies waited outside Marjory Stoneman Douglas High School while a killer gunned down schoolchildren, according to other officers on the scene," the Fort Lauderdale Sun Sentinel reports:
New details on FBI botch, via Miami Herald: "Despite ... dire warnings and the FBI’s awareness of a September 2017 tip ... labeling Cruz as a potential 'school shooter,' ... the [FBI] call center intake specialist and a supervisor decided not to take further investigative action, ... according to ... Republican Sen. Charles Grassley," chair of the Senate Judiciary Committee, which is investigating.
In "The Case Against Google" — the cover story of tomorrow's N.Y. Times Magazine — Charles Duhigg (author of the bestselling "The Power of Habit") explores the antitrust case against Google, and whether the company's algorithmic alchemy stacks the deck against its competitors:
Google response, included in the article: "We absolutely do not make changes to our search algorithm to disadvantage competitors ... We make hundreds of changes to search every year, all with the same goal: Delivering users the best, most relevant search results."
Pushback from the right:
"Miracurl on Ice ... Team USA defeats Sweden to win first curling gold medal" — NBC Olympics' Cara Cooper:
🥞🥓🍳 Thanks for reading. See you all weekend on Axios.com ...