Following our reporting on how billionaire sports owners use their teams to avoid hundreds of millions in taxes, the IRS has launched a campaign to examine whether team owners are violating the law.
propublica.org/article/sports…

I’m reporting tonight for Los Angeles Times from inside the pro-Palestine encampment at UCLA. Most outsiders including media currently being kept out by both protesters and police. Follow this thread for updates.

Security guards hired by UCLA retreated and hid inside a building last night as counter-protesters attacked a pro-Palestine encampment.

They refused to let anyone else inside, including UCLA student journalists covering the events, Daily Bruin reports:
dailybruin.com/2024/05/01/pro…

Some personal/personnel news: Pleased to report that my March, 2022 suspension by the The Washington Post has been rescinded and the week’s pay I was docked has been restored under an agreement between the Post and Washington-Baltimore News Guild More…

Skeptical this table is meaningful, without knowing more.

1/The endowment presumably diversified into bonds, commodities, currencies, internat'l;

2/It's hedged. You want less volatility than stocks alone would give you. Look at the outperformance in 2022.

'Until yesterday, Republicans were the harshest critics of lack of free speech on campus. Now they want to stamp it out. Hypocrisy is too mild a word to capture such a switch'. Me on why adults, not students, are America's problem. ft.com/content/198902…

Pro-Israel counterprotestors started tearing down UCLA encampment barriers and screamed 'Second nakba!' referring to the mass displacement & dispossession of Palestinians during the 1948 Arab-Israeli war. Per Los Angeles Times Safi Nazzal on the scene with another video:

Mom and Dad should pack a snack bag for their kids on the way to the protest

Beyond parody

Note to Self: In my cri de coeur journalism manifesto about how I'm going to target billionaires, don't write this sentence:

'I’m not going to pretend to be fair.'

This is just a simple factual error, Ken Klippenstein. Steve had left the paper when Judy did the bulk of her spurious Iraq WMD reporting.

slate.com/transcripts/bl…

Some Columbia students 'demanded that no photos be taken of them while they tried to rig up a rope to hoist supplies inside the building' -- i.e., Hamilton Hall, which they occupied earlier today.

Via Laura Nahmias / Katia Porzecanski

bloomberg.com/news/articles/…

The rebirth of antitrust enforcement, through the lens of this impt conf (which took place last week)

“Deny, deny, deny. That’s how you hit your numbers,” said former Cigna medical director Dr. Debby Day about the pressure put on her to rapidly review patients’ cases. My latest on health insurance denials with Patrick Rucker
propublica.org/article/cigna-…

The campus's SJP chapter asks students to show up 2 hours before the deadline 'to protect the encampment'

Columbia sets 2 pm deadline: Students must leave the encampment or their campus ID is deactivated. That would mean no classes, no dorm access, no graduation, uncertain future at the university.

dailymail.co.uk/news/article-1…

PHOENIX — A top leader of the national conservative group Turning Point Action, which has amplified false claims of election fraud by former president Donald Trump and others, resigned Thursday after being accused of forging voter signatures on official paperwork so that he could

1/ After being stuck in #Gaza for almost seven months under constant bombardment, my younger sister—who celebrated #Hamas ’s Oct 7th attacks at the time—just got to our family’s home in Egypt.When I asked her about the public sentiment in Gaza,she told me that everyone in the town

Tomorrow, I'm moderating a panel on 'The End of the Beginning for the Antimonopoly Movement?' at the Stigler Antitrust Conference The University of Chicago.

Featuring Matt Stoller, @ZephyrTeachoutm, Cristina Caffarra, and Barry Lynn of Open Markets Institute.

Details >>> chicagobooth.edu/research/stigl…

ICYMI Brett Murphy big scoop from last night