Situational awareness: ESPN will not be broadcasting the national anthem before "Monday Night Football" games this year, President Jimmy Pitaro told reporters today.
Illustration: Lazaro Gamio/Axios
President Trump today proposed a major change to corporate transparency, in a tweet calling for the Securities and Exchange Commission to change quarterly reporting for publicly-traded corporations.
"In speaking with some of the world’s top business leaders I asked what it is that would make business (jobs) even better in the U.S. 'Stop quarterly reporting & go to a six month system,' said one. That would allow greater flexibility & save money. I have asked the SEC to study!"
That "one" was outgoing Pepsi CEO Indra Nooyi, who told Axios today in a statement:
One case for ending quarterly guidance (but not reporting, as Trump proposed):
The other side:
Between the lines, from Axios business editor Dan Primack:
The bottom line: This was just a request to study the idea, but it gives Trump another talking point in addition to deregulation and the tax cuts when he hears CEO concerns over social issues and immigration.
Smoke from devastating wildfires burning from California to British Columbia has traveled all the way across the Atlantic Ocean, having hitched a ride with west-to-east moving storm systems.
Illustration: Axios Visuals
When I was a young pup at the Richmond Times-Dispatch, I learned that one of the most exotic spots in Virginia was Tangier Island in the Chesapeake Bay, where residents speak a unique dialect descended from Elizabethan English.
"Chesapeake Requiem: A Year with the Watermen of Vanishing Tangier Island," by Earl Swift (who circumnavigated the Chesapeake Bay by sea kayak) opens with shoreline maps showing rising seas that threaten this living time capsule.
Thanks for a great week, and enjoy the weekend — only 17 days until Labor Day.