Jul 22, 2018

March For Our Lives grows to a multi-million dollar operation

Marjory Stoneman Douglas High School student David Hogg speaks onstage at March For Our Lives on March 24, 2018. Photo: Kevin Mazur via Getty Images for March For Our Lives

March for Our Lives, the gun control movement launched this year by survivors of the Parkland high school shooting, has incorporated as a 501(c)(4) nonprofit organization with "a multi-million dollar budget, offices in South Florida and Washington, and even its own lobbyist," reports the Miami Herald.

Why it matters: Since organizing a massive demonstration in Washington on March 24, the group has capitalized on their own momentum by continuing to host rallies and events across the country, with a particular emphasis on registering young people to vote. In the months since the February 14 shooting, the share of registered voters between the ages of 18 and 29 has risen 2.16% nationally and 7.99% in Florida.

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What to watch in tonight's Democratic debate

Bernie Sanders at a campaign rally in Colorado. Photo: Helen H. Richardson/MediaNews Group/The Denver Post via Getty Images

Bernie Sanders is now the clear front-runner for the Democratic presidential nomination, and his opponents are ready to try to knock him down at tonight's debate in Charleston, South Carolina β€” especially Michael Bloomberg, who was the punching bag at the Las Vegas debate.

Why it matters: This is the last debate before Super Tuesday, when Sanders is expected to win California and Texas and could secure an insurmountable lead for the Democratic nomination. That's a direct threat to the entire field, but especially to Bloomberg, who skipped the early states to focus on the March 3 contests.

Bob Iger to step down as CEO of Disney

Photo: Jeff Kravitz/FilmMagic

The Walt Disney Company said Tuesday that it had named longtime Disney executive Bob Chapek as CEO Bob Iger's successor, effectively immediately. Iger will remain executive chairman of the company through 2021.

Why it matters: Iger is credited with having successfully turned around Disney’s animation and studio businesses and with the strategic acquisition of Marvel, Pixar, Lucasfilm and 21st Century Fox. Most recently, he was the person behind Disney's successful launch of its Netflix rival Disney+.

Go deeperArrowUpdated 3 hours ago - Economy & Business