Apr 26, 2017

The Anti-Trump

Philippe Huguen / AP

Canadian Prime Minister Justin Trudeau, on the cover of Businessweek as "The Anti-Trump," talks with Bloomberg Editor-in-Chief John Micklethwait:

  • On Trump: "I've learned that he listens… As politicians, we're very, very much trained to say something and stick with it. Whereas he has shown that if he says one thing and then actually hears good counterarguments or good reasons why he should shift his position, he will take a ­different position, if it's a better one, if the arguments win him over."
  • On being the anti-Trump: "If you're seeing a rise of populism and nationalism, it is in response to the kinds of fears that people are feeling. So my economic approach is very much to allay those fears. How are we going to help the little guy? How are we going to help people who feel left out of success?"

Go deeper

The business of tear gas

Illustration: Eniola Odetunde/Axios

U.S. forces yesterday used tear gas on peaceful protesters outside the White House gates, prior to a declared curfew, clearing a path for President Trump to visit a riot-damaged church for a photo opportunity.

The state of play: Two of the largest U.S. producers of tear gas are owned by private equity firms, but those firms have no interest in discussing their ownership.

Cerebus sells control of Steward Health Care back to company

Illustration: Aïda Amer/Axios

Cerberus Capital Management has agreed to sell control of community hospital group Steward Health Care back to the company, as first reported by the New York Times and confirmed by Axios.

Why it matters: This would make Steward one of the country's largest physician-owned and operated companies. It also marks the end of a 10-year ownership period for Cerberus, which was most recently marked by threats to shutter a Pennsylvania hospital in March, despite the pandemic, if the facility didn't receive state bailout funds.

Exclusive: Washington Post makes major move into local news

People entering the Washington Post building in D.C. in 2019. Photo: Eric Baradat/AFP via Getty Images

The Washington Post has signed all 30 of McClatchy's local news outlets to its Zeus Performance product, a software that gives sites better speed, ad view-ability and performance, executives tell Axios.

Why it matters: By adding more local news outlets, The Post can start to build a local news ecosystem within its tech stack.