Situational awareness: The stock market broke an 8-day losing streak today.
1 big thing: The changing face of American protests
The great political protests shaping our country have one key difference from the 1960s, the AP's Sharon Cohen notes — the faces are less famous.
The big picture: "Since the presidential election of Donald Trump, there have been marches for women, science, the Dreamers — immigrants brought to the U.S. illegally as children — and most recently, gun control, a response to the school shooting in Parkland, Florida."
- "In all those events, multitudes of voices — some more high-profile than others — have represented each cause."
Notable examples under Trump:
- The revitalization of gun control, led by the Parkland teens
- "Indivisible, a grass-roots organization with some 6,000 local groups, some of whom have held vigils, marches and die-ins concentrating on both local issues and national concerns such as voter suppression, health care and the DREAM Act."
Why it's happening:
- Media coverage has changed: You don't need a single figure for quotes or interviews, and people can rise to fame without television attention.
- Progressive politics prefer consensus to hierarchy: This can lead to a multitude of leaders, rather than a single person taking the interview spotlight.
Be smart: These factors haven't replaced the need for organizations like the Poor People’s Campaign, the Southern Christian Leadership Conference, the National Rifle Association or the National Organization for Women, but they have allowed movements to exist without a single charismatic presence.
2. What you missed
- Police officers can't retrace the location of your cell phone without a warrant, the Supreme Court ruled today — a narrow but critically important victory for privacy advocates as well as giant tech companies. Go deeper.
- Correcting the record: The nearly 2-year-old Honduran girl who became a symbol for opposition to Trump's family separation policies, even ending up on the cover of TIME Magazine, was not separated from her mom. Go deeper.
- Uber's partnership with bike-share company Jump did not directly produce much ridership growth for Jump, which it later acquired, sources tell Axios. Go deeper.
- The abrupt resignation of Intel CEO Brian Krzanich has created what could be the first succession crisis in the company's history. Go deeper.
- 16 states currently have National Guard troops at the Southwest border to support the Department of Homeland Security's enforcement mission, a National Guard confirmed to Axios.
1 beach read
Each Friday in Axios PM, I'm sharing a book I've just finished, or am excited to start.
This week's Beach Read ... "Cousins Maine Lobster: How One Food Truck Became a Multimillion-Dollar Business," by Jim Tselikis and Sabin Lomac (St. Martin's Press):
- The two cousins — both from the coast of Maine, with no start-up experience — launched a single Cousins Maine Lobster food truck in 2012. Within three years, they had a $15-million-a-year enterprise, including a nationally franchised fleet of trucks, an online delivery service, and a restaurant.
- About telling their lobster story on "Shark Tank": "[We] watched nearly fifty episodes and quizzed each other with note cards. ... [A]lmost immediately after taping, you're hustled to another room, where you meet with a psychiatrist ... to help dazed or rattled contestants regain their composure."
I'd love to hear what you think of "Cousins," or your favorite Beach Read: Just reply to this email, or shoot me a note at [email protected].
- If you know someone who'd enjoy PM, please invite them to sign up here.