Feb 15, 2017

The head of the CIA's secret meeting with Abbas

Manuel Balce Ceneta / AP

On the eve of President Trump's visit from Israeli Prime Minister Benjamin Netanyahu, CIA Director Mike Pompeo met secretly with Palestinian Authority President Mahmoud Abbas in the West Bank, per the AP.

The meeting came as the Trump administration signaled an openness to pursue a peace process in the Middle East that does not involve a two-state solution — a goal mutually endorsed by the United States, Israel, and the Palestinian Authority.

The Palestinian Authority's chief negotiator: "We believe undermining the two-state solution is not a joke, it is a disaster and tragedy for Palestinians and the Israelis and the whole region."

Facts Matter: Read more about Trump and the two-state solution.

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Private equity returns fell behind stocks over the past decade

Illustration: Aïda Amer/Axios

U.S. private equity returns fell just below S&P 500 returns for the 10-year period ending last June, according to a report released Monday morning by Bain & Company.

Why it matters: Private equity markets itself as beating public markets over long-term time horizons, and usually providing an illiquidity premium to boot. These new performance figures not only dent such claims, but provide fresh ammunition to critics of public pension investment in private equity funds.

Why Apple may move to open iOS

Photo illustration: Jakub Porzycki/NurPhoto via Getty Images

Apple may finally allow iPhone owners to set email or browsing apps other than Apple's own as their preferred defaults, according to a Bloomberg report from last week.

The big picture: Customers have long clamored for the ability to choose their preferred apps, and now Apple, like other big tech companies, finds itself under increased scrutiny over anything perceived as anticompetitive.