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Evan Vucci / AP

Like her father, Ivanka Trump, gave up all management responsibilities for her businesses around the time of the inauguration. After Nordstrom dropped her fashion brand, the president took to Twitter to criticize the move. White House Press Secretary Sean Spicer explained it like this:

He has every right to stand up for his family and applaud their business activities, their successes.

Our thought bubble: Ivanka's current relationship to her business is similar to that of President Trump's with the Trump Organization, in that she resigned from management but didn't divest. Other private companies may now be wondering how POTUS would view the "fairness" of ending a relationship with the Trump Organization. And in Ivanka's case, is Spicer referring to past "business activities" and, if so, how could Nordstrom treat Ivanka fairly or unfairly today?

Nordstrom might be playing politics, too. Nordstrom says its decision was based on performance, but a spokesman for Ivanka's fashion line tells Axios the retailer ordered both shoes and apparel for spring 2017, and only canceled the former. Moreover, the brand claims year-over-year revenue growth in 2016, and Nordstrom's co-president reportedly wrote an internal memo last November that referred to Ivanka Trump's wares as "a sizable and successful business."

Go deeper

Trump says he plans to launch new social media network in 2022

Photo: Chris Delmas/AFP via Getty Images

Former President Trump on Wednesday announced plans to launch a social media network called "Truth Social," and that it would go public via a SPAC.

Why it matters: Most ex-presidents are focused on their legacies, by creating presidential libraries or engaging in philanthropic endeavors. Trump, however, remains consumed by social media.

Beauty giant Coty Cosmetics looking to sell its own branded products

Coty Cosmetics CEO Sue Nabi. Photo: Axios on HBO

Coty Cosmetics CEO Sue Nabi tells Axios the beauty giant will “probably” introduce Coty-branded products one day.

Why it matters: Coty produces some of the world’s most popular fragrances, skin care products and color cosmetics on behalf of other well-known brands, but has shied away from producing its own branded products.

2 hours ago - Sports

NFL to end race-based testing in concussion settlements

Photo: Brett Carlsen/Getty Images

The National Football League on Wednesday reached an agreement with former players to end the controversial practice of race-based adjustments in dementia testing, AP reports.

Why it matters: The deal, which must still be approved by a judge, comes amid a broader discussion of racial inequities in health care.