Jan 23, 2017

Trump gears up for first week as POTUS

Alex Brandon / AP

  • Executive orders: Subjects include trade, immigration, government hiring, Obamacare and a lobbying ban, as Axios noted yesterday.
  • High-profile meetings: Top executives at 9 a.m. today to discuss manufacturing, and British PM Theresa May on Friday.
  • Cabinet votes: Mike Pompeo, slated to head the CIA, should get a vote today. White House officials expect at least three more Cabinet nominees — Ben Carson, Nikki Haley and Rick Perry — to be voted on by the end of the week, per the WSJ. And while Tillerson may not get a vote this week, Graham and McCain are now on board.

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Dan Primack
4 mins ago - Economy & Business

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.

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Dan Primack
13 mins ago - Economy & Business

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.

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Sara Fischer
16 mins ago - Economy & Business

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.

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