Your Evening Briefing
Conservatives, you’ve been warned. President Trump told the House Freedom Caucus in no uncertain terms that they must “get on the team” amid talks of another attempt at a vote on the contentious health-care bill. House Speaker Paul Ryan told reporters he shares Trump’s “frustration”. He’s facing a deeply divided party that could undermine his dream of overhauling the tax code. As Peter Coy writes in Bloomberg Businessweek: “Tax reform is hard in the best of circumstances, which these aren’t.” - Katie Robertson
Trump lashes out at the House Freedom Caucus. The president says he’s ready to “fight” the conservative caucus because it could drag down the GOP’s entire agenda, a sign of the party’s deep disarray after the embarrassing Obamacare repeal setback.
How a Hillary Clinton superfan ended up inside Trump’s Treasury. Former BlackRock executive Craig Phillips was hoping to parlay his big donations to the Clinton campaign into a big job in Washington. The plan kinda worked – he is indeed working at the Treasury, only his boss is Donald Trump.
ESPN has seen the future of TV and they’re not really into it. Short of criminal enterprise, few business models have been as lucrative as that of the sports giant. But as more fans give up cable and go mobile, the network is busy trying to defend its cable-TV money machine instead of courting the cord cutters.
A Chinese stock soared 4,500% on Nasdaq and no one knows why. Shares of Wins Finance Holdings, a tiny little-known company, boast the best performance on the index in the past 12 months. The hunt for answers took reporters from New York City to Beijing to Hong Kong.
America needs small apartment buildings. But nobody is building them. Single-family homes and high-rises are all the rage, and the missing middle ground is seeing a source of unsubsidized, affordable housing dry up.
Alexei Navalny wants Putin’s job. The Russian presidential hopeful who led Sunday’s coast-to-coast protests talked to Bloomberg about corruption, the Kremlin, and Trump as he embarked on the Siberian leg of his tour to drum up support for his long-shot bid.
Denver restaurants feel an unexpected sting from pot tourism. The cannabis industry has been big business for Colorado since it was legalized in 2014. There has been one unforeseen downside: Restaurants are finding it hard to compete for workers. For young people in the Mile High City, the question is why work in a stressful kitchen when you can make $22 an hour in a greenhouse?