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=?utf-8?Q?=3FAxios_AM:_Mike's_Top_10_=E2=80=94_100-day_report_?=
=?utf-8?Q?card_=E2=80=94__Trump_loves_Spicer's_ratings_=E2=80=94_Fooling?=
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Presented by Bank of America:
<p>100-day report card \u2014 Trump loves Spicer's ratings \u2014 Fo=ling Apple \u2014 O'Reilly comeback?</p>
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<span class="main-header" style="font-size: 44px; font-family: 'gorditaium', Arial, Helvetica, sans-serif; color: #008dc8; letter-spacing: -1px= line-height: 1;">Axios AM</span>
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<span class="bodytext" style="font-size: 13px; color: #222222; font-fa=ily: 'gorditamedium', Arial, Helvetica, sans-serif; ">By Mike Allen = <span style="margin: 0 6px;">·</span>Apr 24, 2017</sp=n>
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1 big thing ... \u200b100-day report card: Trump's hits, misses
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<span class="bodytext" style="font-size: 13px; font-family: 'gordita', =rial, Helvetica, sans-serif; color: #848484;">
<p>Trump on Thursday holds up a directive ordering an investigation into th= impact of foreign steel on the American economy, the start of a series of=planned moves on trade / Reuters' Aaron P. Bernstein</p>
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<p><strong>Hits:</strong></p><ol><li><strong>Winning confirmation of Justic= Gorsuch:</strong> Trump did it fast, with little drama and huge consequen=e. The win tipped the Court, invigorated conservatives, and bought him cre=ibility with the establishment. It's the president's one achievement so fa= that will outlast him, regardless of what else unfolds.</li><li><strong>P=o-business executive orders and regulatory changes:</strong> Nothing lifts=a presidency (or increases the chance of reelection) more than a rising ec=nomy. Trump's early pro-business rhetoric and assault on regulations has b=osted many industries. And the market "Trump bump" has given business a ne= spring in its step.</li><li><span></span><strong>Encouraging CEOs to thin= more systematically about American jobs:</strong> Businesses talk openly =bout trying to "bait" a positive tweet from Trump (or insulate themselves =rom assault) by announcing factory openings or job expansions. These overt=res aren't always all that they seem: Some were already in the pipeline, o= may never come to fruition. But he has forced huge companies to reckon wi=h the issue.<strong></strong></li><li><strong></strong><strong>Operation N=rmal I:</strong> Installing experienced national-security and economic tea=s, obviating the fears of some Republicans that a Trump Cabinet would have=a bit of a clown-car aura.</li><li><span></span><strong>Operation Normal I=:</strong> Post-Flynn, establishing a national-security decision-making prss that has produced well-executed policies that have been regarded as s=nsible by mainstream Republicans. This includes the Syria strike, the embr of NATO and the China state visit. </li></ol><div><strong>Misses:</stro=g><br></div><ol><li><strong>No significant new laws:</strong> He has full =epublican control of Washington \u2014 and little to show for it. In re=rospect, some White House aides think they screwed up by rushing into heal=h care, and wish they had plunged into tax reform or an infrastructure pac=age.</li><li><strong>Little personal growth in office: </strong>His loose =tyle, resistance to structure and amorphous views (and loyalties) leave Wh=te House aides insecure, and create internal inefficiencies and blind spot=. This chaos contributed to the health-care debacle, provoking weeks of pu=lic butt-covering and finger-pointing. To this day, many aides tell us the=West Wing reality is even worse than is publicly portrayed.</li><li><span>=/span><strong>Failure to articulate a theory of the case, foreign or domes=ic:</strong> International allies and Congressional Republicans are left urtain of what he believes, and opponents have an opening to define the v=cuum on their terms.</li><li><span></span><strong>Inability to get over it= </strong>The president hasn't kicked any of his bad campaign habits, all =f which complicate governance \u2014 score-settling, name-calling, rec=less tweeting, petty grievances, and unnecessary shots at allies and other= he will one day need to succeed.</li><li><span></span><strong>Resistance =o reaching</strong><strong> out to the 54% of 2016 voters who voted for so=eone else: </strong>Trump's low approval ratings make it harder for Democr=tic leaders on the Hill to make deals with him. Ditto his continued incite=ent of the Democratic base.</li></ol>
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2. Article of the day
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<p><strong>"Trump's obsession with cable TV" ...</strong><strong> </strong>=allons of juice in a <a href="http://link.axios.com/click/9456827.31018/=HR0cHM6Ly93d3cud2FzaGluZ3RvbnBvc3QuY29tL3BvbGl0aWNzL2V2ZXJ5b25lLXR1bmVzLWl=LWluc2lkZS10cnVtcHMtb2JzZXNzaW9uLXdpdGgtY2FibGUtdHYvMjAxNy8wNC8yMy8zYzUyYm=2Yy0yNWUzLTExZTctYTFiMy1mYWZmMDAzNGUyZGVfc3RvcnkuaHRtbD91dG1fc291cmNlPW5ld=NsZXR0ZXImdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249bmV3c2xldHRlcl9heGlvc2FtX71993924c17c54d77a8b8cB30b743bc" target="_blank">WashPost front-pager<=a> by Ashley Parker and Robert Costa, "In a reality star's presidency, cab=e TV is the guiding light"</p><ul> <li><strong>"</strong><strong>During a=small working lunch</strong> at the White House last month, ... one of the=attendees wondered whether press secretary Sean Spicer might be the first =o go. ... 'I'm not firing Sean Spicer," [Trump] said ... 'That guy gets gr=at ratings. Everyone tunes in.'"</li><li><span></span><strong>Echoing <a h="http://link.axios.com/click/9456827.31018/aHR0cHM6Ly93d3cubnl0aW1lcy=jb20vMjAxNy8wMi8xMC9idXNpbmVzcy9tZWRpYS9kYXl0aW1lLXR2cy1uZXctc3Rhci1zZWFuL=NwaWNlci5odG1sP3V0bV9zb3VyY2U9bmV3c2xldHRlciZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9j=W1wYWlnbj1uZXdzbGV0dGVyX2F4aW9zYW0/5871993924c17c54d77a8b8cBd456f59b" targ=t="_blank">a New York Times headline</a>,</strong> "Trump even likened S=icer's daily news briefings to a daytime soap opera, noting proudly that h=s press secretary attracted nearly as many viewers."</li><li><span></span>=strong>"Some White House officials </strong>... have started tuning into F=x News' 'Fox & Friends' because they know the president habitually cli=ks it on after waking near dawn.</li><li><span></span><strong>"</strong><s=rong>Foreign diplomats </strong>have urged their governments' leaders to a=pear on television when they're stateside as a means of making their case =o Trump.'</li><li><strong>"On his campaign plane,</strong> Trump watched t=levision on full volume \u2014 usually Fox News, sometimes CNN almost constantly, ... shushing his aides whenever he himself came on t=e screen ... When Hillary Clinton appeared, he'd similarly quiet his team,=often before pointing a finger at the TV and scolding: 'She's lying! She's=lying!'"</li><li><span></span><strong>"He is still in touch </strong>with =oger Ailes."</li></ul>
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3. "A political earthquake"
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<p><a href="http://link.axios.com/click/9456827.31018/aHR0cHM6Ly93d3cubnl=aW1lcy5jb20vaW50ZXJhY3RpdmUvMjAxNy8wNC8yMy93b3JsZC9ldXJvcGUvZnJlbmNoLWVsZW
W9uLXJlc3VsdHMtbWFwcy5odG1sP3V0bV9zb3VyY2U9bmV3c2xldHRlciZ1dG1fbWVkaXVtP=VtYWlsJnV0bV9jYW1wYWlnbj1uZXdzbGV0dGVyX2F4aW9zYW0/5871993924c17c54d77a8b8c4bdc38" target="_blank">The New York Times</a></p>
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<p><strong>France is now in uncharted territory: </strong>No traditional pa=ty made the May 7 runoff, proving that the new, Trumpian politics has gone=global. The <a href="http://link.axios.com/click/9456827.31018/aHR0cHM6Ld3cuZnQuY29tL2NvbnRlbnQvM2VlMDg4NWUtMjg2Yi0xMWU3LTllYzgtMTY4MzgzZGE0M2I3=3V0bV9zb3VyY2U9bmV3c2xldHRlciZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1uZXd=bGV0dGVyX2F4aW9zYW0/5871993924c17c54d77a8b8cB2170df4a" target="_blank">F=nancial Times</a> says the result "stunned ... established parties," and p=ovokes "a national fight over global order."</p><p><strong>Two distinct wo=ld views now go head-to-head. </strong><a href="http://link.axios.com/cl=ck/9456827.31018/aHR0cHM6Ly93d3cud3NqLmNvbS9hcnRpY2xlcy9tYWNyb24tbGUtcGVuL=NlZW4tYWR2YW5jaW5nLXRvLWZyZW5jaC1wcmVzaWRlbnRpYWwtcnVub2ZmLTE0OTI5NzE3ODM_=XRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3N=ZXR0ZXJfYXhpb3NhbQ/5871993924c17c54d77a8b8cB099127bc" target="_blank">Th= Wall Street Journal</a>: "Centrist Emmanuel Macron and far-right politici=n Marine Le Pen led the first round of voting ... as voters <strong>redrew=the political map,</strong> placing the European Union at the center of a =ew divide."</p><ul><li><strong>Macron is the favorite </strong>in the runo=f, with the French establishment coalescing behind him to sink Le Pen.</li=<li><strong><a href="http://link.axios.com/click/9456827.31018/aHR0cHM6Ld3cubnl0aW1lcy5jb20vMjAxNy8wNC8yMy93b3JsZC9ldXJvcGUvZW1tYW51ZWwtbWFjcm9u=W1hcmluZS1sZS1wZW4tZnJhbmNlLWVsZWN0aW9uLmh0bWw_dXRtX3NvdXJjZT1uZXdzbGV0dGV=JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXJfYXhpb3NhbQ/5871993$c17c54d77a8b8cB5174d1b7" target="_blank">The N.Y. Times </a></strong>c=lls them "a political novice" and "a far-right firebrand."</li></ul><p><st=ong>The results soothed investors' fears, </strong><a href="http://link.=xios.com/click/9456827.31018/aHR0cHM6Ly93d3cuYXhpb3MuY29tL2ZyZW5jaC1lbGVjd=lvbi1yZXN1bHRzLXNvb3RoZS1pbnZlc3Rvci1mZWFycy0yMzc1NjY0MTgwLmh0bWw_dXRtX3Nv=XJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXJ=YXhpb3NhbQ/5871993924c17c54d77a8b8cBb53963ab" target="_blank">Axios' Chr=s Matthews writes</a>: The results make it more likely that Macron will be=France's next president, keeping France in the EU. That should have a posi=ive impact on both French stocks and the U.S. economy. </p><ul><li><strong=A Blackrock Investment Institute</strong> note to clients calls Macron a "=usiness friendly" candidate that will not get in the way of Europe's impro=ing economy. The U.S. economy has seen the benefits of faster growth in Eu=ope \u2014 political stability across the Atlantic is good for business=</li></ul>
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<p class="bodytext" style="-webkit-text-size-adjust: 100%; margin-botto=: 0 !important; font-size: 11px !important; letter-spacing: 1.4px; font-fa=ily: 'gordita', Arial, Helvetica, sans-serif; color: #008dc8; text-transfo=m: uppercase; font-weight:700;">A message from Bank of America</p>
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<span class="bodytext hed" style="font-size: 27px; font-family: 'gordit=medium', Arial, Helvetica, sans-serif; color: #222222; letter-spacing: -0.=px; line-height: 1.5;">Helping Yoobi give back to underserved classrooms</=pan>
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<img src="https://cdn.adsnative.com/media/19461/39dac70d-71b3-49e7-bb68-fb415ea01.jpg" alt="" width="600" style="width:100%" />
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<p>Yoobi helps underserved classrooms nationwide by donating a school suppl= item for every item purchased. Bank of America was there to help Yo=bi grow and deliver on their model of social enterprise. <a href="http:/=link.axios.com/click/9456827.31018/aHR0cHM6Ly9iZXZvLXVzLWVhc3QtMS5hZHNuYXR=dmUuY29tL2NrP3VybD1odHRwOi8vYWJvdXQuYmFua29mYW1lcmljYS5jb20vZW4tdXMvcGFydG=lcmluZy1sb2NhbGx5L3NoYXJlZC1zdWNjZXNzLXdpdGgteW9vYmkuaHRtbCUyM2ZiaWQlM0Rib=VLR1FCUklOYyZkYXRhPU5qZzBaRFEzWmpnNU16WmhOVFkxTjJJek5XTTVOR0ptWWpoaE5tRXhP=0kyWkRobVpqRTNPR1E1WVdRMlpEYzRaR1JtTXpjeVkySmxPVFpsTjJFME5HSTJOVEkyTWpjME1=UTVZalk0TW1KbE1USXhZamRqTURSak1qVTVZV001TnpkbVpHUXpOR1JtT1RZME56TXlaVGMzTU=Nek5XTmlaVGszWkRWa1pHRmpNR1ptTVRKall6Vm1NV1U1TWpZd1lqRm1ZbVkzTm1KaE9EUTNaR=V3WXpGbE5XTmhZekJoWVRRNE56bGhZVEV3WlRWbU16RTBNRFU0Tnpjek1EQXdOREV5WVRNMk5E=XpNV1ZqTmpFMllXVmhZVEl6T0dGaFlXTTRNakl5WXpGalpqZzJZVGcyWVRJMVpEbG1OREZoWmp1HSmtaVEpsTm1FNU5HWmxOMlJpTlRjM1l6WTVOamN3WkRWa1pqZ3daV1kzT1dKa1pHTTJZek=3WWpFME5XSTVNVFkxWlRKallUUm1Oelk0TVRKa05UQTJPVEkxTldNMU5qWTJZemslM0Qmc2lkP=NiOWM1ZDFjNjY1YzQ1MDBhNzNiZjI1OTgwNGQ3MzUzXzVmNmM2MmVkJTI2ZGVhY3RpdmF0ZV9k=WR1cGUlM0QxJnV0bV9zb3VyY2U9bmV3c2xldHRlciZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1=YWlnbj1uZXdzbGV0dGVyX2F4aW9zYW0/5871993924c17c54d77a8b8cB0753b043" target=\u201d_blank\u201d class="adLink">Watch to learn more. </a></p>
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4. Bannon's Hollywood years
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<p><a href="http://link.axios.com/click/9456827.31018/aHR0cDovL3d3dy5uZXdJrZXIuY29tL21hZ2F6aW5lLzIwMTcvMDUvMDEvaG93LWhvbGx5d29vZC1yZW1lbWJlcnMtc3=ldmUtYmFubm9uP3V0bV9zb3VyY2U9bmV3c2xldHRlciZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jY=1wYWlnbj1uZXdzbGV0dGVyX2F4aW9zYW0/5871993924c17c54d77a8b8cB41d8b170" targe="_blank">Barry Blitt / The New Yorker</a></p>
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<p><strong>"<a href="http://link.axios.com/click/9456827.31018/aHR0cDovL3=y5uZXd5b3JrZXIuY29tL21hZ2F6aW5lLzIwMTcvMDUvMDEvaG93LWhvbGx5d29vZC1yZW1lb=JlcnMtc3RldmUtYmFubm9uP3V0bV9zb3VyY2U9bmV3c2xldHRlciZ1dG1fbWVkaXVtPWVtYWls=nV0bV9jYW1wYWlnbj1uZXdzbGV0dGVyX2F4aW9zYW0/5871993924c17c54d77a8b8cC41d8b1=0" target="_blank">A Hollywood Story</a> ... Steve Bannon in La-La Land,=</strong> by The New Yorker's Connie Bruck:<br></p><p style="margin-left= 20px;">"When Trump announced his candidacy, at Trump Tower, in 2015, Bann=n saw something that others missed. Perhaps it was their temperamental sim=larities, and their faith in their own business instincts despite repeatedilure. Trump, too, ... despised the lites that had always spurned =im. Bannon sensed that he had finally found the figure who could express t=at anger, leading the populist rebellion of millions of Americans who felt=they had been left behind."</p><p><strong>P.S. </strong>"Trump [today] wil= welcome members of the conservative media for a small reception at the Wh=te House," per <a href="http://link.axios.com/click/9456827.31018/aHR0cD=vL3d3dy5wb2xpdGljby5jb20vYmxvZ3Mvb24tbWVkaWEvMjAxNy8wNC8yMy90cnVtcC1jb25zZ=J2YXRpdmUtbWVkaWEtMjM3NTA2P3V0bV9zb3VyY2U9bmV3c2xldHRlciZ1dG1fbWVkaXVtPWVt=WlsJnV0bV9jYW1wYWlnbj1uZXdzbGV0dGVyX2F4aW9zYW0/5871993924c17c54d77a8b8cBcdp509" target="_blank">Politico's Hadas Gold</a>. "Among those attending= One America News Network, The Daily Caller and Breitbart, as well as some=columnists and talk radio hosts."</p><p style="margin-left: 20px;"><stro=g>Sean Spicer:</strong> "They were neglected the last eight years."</p>
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5. Swamp Watch
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<img src="https://assets.rbl.ms/9823841/980x.jpg" width="600", style=width:100%", id="9cdcc" class="rm-shortcode" data-rm-shortcode-width="600", style="width:100%", id="C7D04Y1493030540" data-rm-shortcode-n=me="rebelmouse-image" >
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<p>Corey Lewandowski at top of <a href="http://link.axios.com/click/94568=7.31018/aHR0cHM6Ly93d3cudXNhdG9kYXkuY29tL3N0b3J5L25ld3MvcG9saXRpY3MvMjAxNy=wNC8yMy90cnVtcC1wZW5jZS1hbGxpZXMtY2FzaC1sb2JieWlzdHMtc3dhbXAtcHJlc2lkZW50L=EwMDc4MjMzMi8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2Nh=XBhaWduPW5ld3NsZXR0ZXJfYXhpb3NhbQ/5871993924c17c54d77a8b8cB90b6f871" targe="_blank">USA Today front page</a></p>
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<p><strong>"<a href="http://link.axios.com/click/9456827.31018/aHR0cHM6Ly=3cudXNhdG9kYXkuY29tL3N0b3J5L25ld3MvcG9saXRpY3MvMjAxNy8wNC8yMy90cnVtcC1wZ=5jZS1hbGxpZXMtY2FzaC1sb2JieWlzdHMtc3dhbXAtcHJlc2lkZW50LzEwMDc4MjMzMi8_dXRt=3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR=ZXJfYXhpb3NhbQ/5871993924c17c54d77a8b8cC90b6f871" target="_blank">Trump,=Pence allies rake in millions</a> </strong>as new Washington lobbyists," b= USA Today's Fredreka Schouten and Maureen Groppe: </p><ul><li><strong>"Br=an Ballard,</strong> a longtime Florida lobbyist and a fundraiser for both=Trump's campaign and inaugural committee, appears to lead the pack, signin= up 20 federal clients since opening his Washington lobbying operation thi= year."</li><li><strong>Avenue Strategies, </strong>started last year by C=rey Lewandowski, describes him as overseeing "all aspects of a historic pr=sidential campaign where Donald J. Trump won 38 Republican primaries and c=ucuses and received more votes than any presidential candidate in the hist=ry of the Republican Party."</li><li><span></span><strong>His co-founder</=trong> is Barry Bennett, a former Trump campaign adviser who managed the p=esidential campaign of Housing and Urban Development Secretary Ben Carson.=/li><li><span></span><strong>"Stuart Jolly, </strong>who worked as Trump's=field director in the primaries, recently became president of the Sonoran =olicy Group, and the firm has added New Zealand and the Czech Republic as =nternational clients."</li></ul>
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6. Fooling Apple
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<p><a href="http://link.axios.com/click/9456827.31018/aHR0cHM6Ly93d3cubnl=aW1lcy5jb20vMjAxNy8wNC8yMy90ZWNobm9sb2d5L3RyYXZpcy1rYWxhbmljay1wdXNoZXMtdW=lci1hbmQtaGltc2VsZi10by10aGUtcHJlY2lwaWNlLmh0bWw_dXRtX3NvdXJjZT1uZXdzbGV0d=VyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXJfYXhpb3NhbQ/58719924c17c54d77a8b8cBf8439178" target="_blank">The New York Times</a></p>
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<p> <strong>"Uber's C.E.O. Plays With Fire" ... </strong>A <a href="http:=/link.axios.com/click/9456827.31018/aHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAxNy=wNC8yMy90ZWNobm9sb2d5L3RyYXZpcy1rYWxhbmljay1wdXNoZXMtdWJlci1hbmQtaGltc2VsZby10aGUtcHJlY2lwaWNlLmh0bWw_dXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09=W1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXJfYXhpb3NhbQ/5871993924c17c54d77a8b8c439178" target="_blank">New York Times front-pager</a>, by Mike Isaac =n San Francisco, says the "blindness to boundaries" that "is not uncommon =or Silicon Valley entrepreneurs" has led Travis Kalanick "to a pattern of =isk-taking that has at times put his ride-hailing company on the brink of =mplosion":</p><p style="margin-left: 20px;"><em><strong>Kalanick ... vis=ted </strong>Apple's headquarters in early 2015 to meet with Timothy D. Co=k, who runs the <a href="http://link.axios.com/click/9456827.31018/aHR0c=ovL3RvcGljcy5ueXRpbWVzLmNvbS90b3AvcmVmZXJlbmNlL3RpbWVzdG9waWNzL3N1YmplY3Rz=2kvaXBob25lL2luZGV4Lmh0bWw_aW5saW5lPW55dC1jbGFzc2lmaWVyJnV0bV9zb3VyY2U9bmVxldHRlciZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1uZXdzbGV0dGVyX2F4aW9zYW=/5871993924c17c54d77a8b8cB7c7b6726" title="Recent and archival news abou= the iPhone." target="_blank">iPhone</a> maker. ... For months, Mr. Kala=ick had pulled a fast one on Apple by directing his employees to help camo=flage the ride-hailing app from Apple's engineers. The reason? So Apple wo=ld not find out that Uber had been secretly identifying and tagging iPhone= even after its app had been deleted and the devices erased \u2014 a fr=ud detection maneuver that violated Apple's privacy guidelines.</em></p><p=style="margin-left: 20px;"><em><strong>But Apple was onto the deception,=/strong> and when Mr. Kalanick arrived at the midafternoon meeting sportin= his favorite pair of bright red sneakers and hot-pink socks, Mr. Cook was=prepared. "<strong>So, I've heard you've been breaking some of our rules,"=</strong>Mr. Cook said in his calm, Southern tone. Stop the trickery, Mr. =ook then demanded, or Uber's app would be kicked out of Apple's App Store.=/em></p>
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7. "The walking dead"
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<p><strong>Valley investors are getting pickier, </strong>according to Wall=Street Journal front-pager, "<a href="http://link.axios.com/click/945682=.31018/aHR0cHM6Ly93d3cud3NqLmNvbS9hcnRpY2xlcy91LXMtdG9iYWNjby1pbmR1c3RyeS1=ZWJvdW5kcy1mcm9tLWl0cy1uZWFyLWRlYXRoLWV4cGVyaWVuY2UtMTQ5Mjk2ODY5OD91dG1fc2 mNlPW5ld3NsZXR0ZXImdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249bmV3c2xldHRlc=9heGlvc2Ft/5871993924c17c54d77a8b8cBcd1141d6" target="_blank">Once-Flush=Startups Struggle to Stay Alive</a>"</p><ul><li><strong>Boom: </strong>"Ve=ture-capital firms remain flush with cash: They raised $44 billion last ye=r, the most since the dot-com boom."</li><li><strong>Bust: </strong>"But i=vestors are staying away from scores of initially well-funded startups tha= once looked like relatively safe bets, forcing these companies to fight f=r survival as they burn through their stockpiles of cash and scramble for =ew money or buyers."</li><li><span></span><strong>Why it matters: </strong="'They're like the walking dead,' said David Cowan, a partner at Bessemer =enture Partners, who <strong>expects a steady stream of failures."</strong=</li></ul>
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8. Stat of the day
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<img src="https://assets.rbl.ms/9823809/980x.png" width="600", style=width:100%", id="9526a" class="rm-shortcode" data-rm-shortcode-width="600", style="width:100%", id="N72E2W1493030540" data-rm-shortcode-n=me="rebelmouse-image" >
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<span class="bodytext" style="font-size: 13px; font-family: 'gordita', =rial, Helvetica, sans-serif; color: #848484;">
<p><a href="http://link.axios.com/click/9456827.31018/aHR0cHM6Ly93d3cud3N=LmNvbS9hcnRpY2xlcy91LXMtdG9iYWNjby1pbmR1c3RyeS1yZWJvdW5kcy1mcm9tLWl0cy1uZW=yLWRlYXRoLWV4cGVyaWVuY2UtMTQ5Mjk2ODY5OD91dG1fc291cmNlPW5ld3NsZXR0ZXImdXRtX=1lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249bmV3c2xldHRlcl9heGlvc2Ft/5871993924c17c57a8b8cCcd1141d6" target="_blank">The Wall Street Journal</a>; *2016 is=an estimate</p>
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<p><strong>From a Wall Street Journal front-pager<strong>,</strong> </stron=>"<a href="http://link.axios.com/click/9456827.31018/aHR0cHM6Ly93d3cud3N=LmNvbS9hcnRpY2xlcy91LXMtdG9iYWNjby1pbmR1c3RyeS1yZWJvdW5kcy1mcm9tLWl0cy1uZW=yLWRlYXRoLWV4cGVyaWVuY2UtMTQ5Mjk2ODY5OD91dG1fc291cmNlPW5ld3NsZXR0ZXImdXRtX=1lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249bmV3c2xldHRlcl9heGlvc2Ft/5871993924c17c57a8b8cDcd1141d6" target="_blank">Surprise Rebound</a> ... Against All s, the U.S. Tobacco Industry Is Rolling in Money":</p><ul><li><strong>"A=ericans spent more at retail stores </strong>on cigarettes in 2016 than th=y did on soda and beer combined."</li><li><strong>The gist ... </strong>Toco companies killing it: While far fewer people smoke today, the compani=s have jacked up prices so much that revenue is higher today than 15 years=ago.</li></ul>
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9. Obama begins new phase of public life
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<p><strong>Former President Obama's "Conversation on Civic Engagement" </st=ong> with hundreds of young people at the University of Chicago this morni=g, his first public event since leaving office, will be <strong>"a warmup =or more visibility in the coming weeks," </strong>the Chicago Tribune's Ka=herine Skiba <a href="http://link.axios.com/click/9456827.31018/aHR0cDov=3dy5jaGljYWdvdHJpYnVuZS5jb20vbmV3cy9sb2NhbC9icmVha2luZy9jdC1iYXJhY2stb2J=bWEtYXJyaXZlcy1jaGljYWdvLW1ldC0wNDIzLTIwMTcwNDIzLXN0b3J5Lmh0bWw_dXRtX3NvdX=jZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXJfY=hpb3NhbQ/5871993924c17c54d77a8b8cB1886601c" target="_blank">writes on th= front page</a>: </p><ul> <li><strong>Globetrotting spring:</strong> "Obam= is to receive a John F. Kennedy Profile in Courage Award in Boston on May=7. Then he flies to Milan for the Global Innovation Food Summit. In Italy,=he'll be with Sam Kass, a good friend and former personal chef both in Chi=ago and the White House. On May 25, Obama is slated to appear in Berlin wi=h German Chancellor Angela Merkel."</li><li><strong>Future plans: </strong=The former president's office said in a statement that a private meeting o= Chicago's South Side yesterday with at-risk young men, to talk about gang= and jobs, "is the first in a series of ongoing conversations and efforts =y the President and Mrs. Obama including partnerships with the private sec=or, non-profit organizations, NGOs, and other government entities that are=committed to tackling violence, poverty, and unemployment."<span></span></=i></ul>
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10. 1 hard fall
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<p><strong>Seeds of a comeback? </strong>Bill O'Reilly's "No Spin News" pod=ast will be back tonight as he returns from vacation, per the <a href="h=tp://link.axios.com/click/9456827.31018/aHR0cDovL3d3dy5sYXRpbWVzLmNvbS9lbn=lcnRhaW5tZW50L2xhLWV0LWVudGVydGFpbm1lbnQtbmV3cy11cGRhdGVzLWFwcmlsLWJpbGwtb=1yZWlsbHktcmV0dXJucy0xNDkyOTY4NDE2LWh0bWxzdG9yeS5odG1sP3V0bV9zb3VyY2U9bmV3=2xldHRlciZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1uZXdzbGV0dGVyX2F4aW9zYW0X71993924c17c54d77a8b8cB72f8d1b6" target="_blank">L.A. Times</a>: </p><= style="margin-left: 20px;"><strong>"'The No Spin News returns,' </stron=>the broadcaster announced ... on his <a href="http://link.axios.com/cli=k/9456827.31018/aHR0cHM6Ly93d3cuYmlsbG9yZWlsbHkuY29tP3V0bV9zb3VyY2U9bmV3c2=ldHRlciZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1uZXdzbGV0dGVyX2F4aW9zYW0/5q993924c17c54d77a8b8cB7aa16ade" target="_blank">website</a>. It airs at=7 p.m. EDT, an hour earlier than 'Factor' used to start on Fox News. ... T=e ... podcast ... goes back to 2009 as a premium-access series." </p><ul><=i><strong>O'Reilly's site, touting the podcast: "Free through Sunday.</str=ng> Continues for premium members Monday May 1." </li><li><strong>Membersh=p </strong>is $49.95 a year.</li></ul>
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