Citing a responsibility to promote a more sustainable planet, Stanford University announced Tuesday it would divest from coal companies. In doing so, Stanford becomes the latest (and largest) of about a dozen colleges to nix coal investments after facing pressure from environmentalists.
The student group Fossil Free Stanford began a petition drive last year urging the change, which prompted a review from an endowment advisory panel and ultimately a vote from the Board of Trustees. In announcing the move, Stanford President John Hennessy said the school "has a responsibility as a global citizen to promote sustainability for our planet," and that emission-heavy coal did not jibe with that ideal.
Stanford does not disclose how it spends every penny of its endowment, but at almost $19 billion as of last August — the fourth-largest endowment in the nation — the potential pool of money is quite large. Jon Terbush
Trevor Noah got serious on Thursday's Daily Show, sitting down with five students who survived the murder of 17 people at Marjory Stoneman Douglas High School in Parkland, Florida, and asking them what they hope happens next. Students from the school have spearheaded a national push for new gun laws, and they are leading a March For Our Lives in Washington, D.C., on Saturday.
The five students Noah spoke with did not agree on what should happen next. Carly Novell supported banning assault rifles and raising the age to purchase guns to 21, while Josh Belenke didn't support gun control and would like to see more armed adults at school but backed "gun violence restraining orders" like they have in California. Kai Koerber opposed armed teachers and any "lethal weapons" at school, he said. "I don't want to seem like that guy, but me being a minority in the South, having a teacher have a gun, regardless of color, does not make me feel comfortable." Mostly, the students wanted people to remember that they are still in pain.
Parkland is an affluent, mostly white community, but students in Baltimore are also being bussed in to the march. The Opposition's Kobi Libii went and trolled Baltimore's mayor and then spoke with black students in a Baltimore school where eight students were shot dead in just the last year, asking them why they are joining their peers from Florida on Saturday.
Jordan Klepper and the rest of the Opposition team were at a home in the D.C. area that's housing students coming in for the march. "I'm not going to lecture at you guys," Klepper told them. "I just want to listen — to myself lecture with you guys." The students mostly said "yes!" multiple times when Klepper asked them if they really want to ban assault rifles, but they will get their say on Saturday. Watch below. Peter Weber
Early Friday, China's Commerce Ministry announced tariffs on $3 billion worth of U.S. pork, aluminum scrap, apples, steel pipe, wine, ethanol, and other goods, saying President Trump's tariffs on imported steel and aluminum are "typical unilateralism and protectionism" and set a "very bad precedent." "China does not want to fight a trade war, but it is absolutely not afraid of a trade war," the Commerce Ministry said. "We are confident and capable of meeting any challenge. It is hoped that the U.S. side will be able to make a swift decision and not to drag bilateral economic and trade relations into danger."
China separately criticized Trump's announcement Thursday of tariffs on up to $60 billion in Chinese products, prompted by complaints of government-aided intellectual property theft. Beijing did not say how it would respond to that move, but the $3 billion in threatened tariffs announced Friday don't include items that would really hurt U.S. producers. "All the products on the list are small potatoes, and the real important ones are U.S. farm products like soybeans and sorghum," a government adviser in Beijing told The Wall Street Journal. "China is keeping its powder dry."
Global stock markets reflected the widespread unease at the looming trade war, with the Dow Jones Industrial Average closing down more than 700 points, or almost 3 percent, on Thursdays and Asian markets tumbling 3 percent in early trading Friday. A trade war with China would hurt U.S. consumers.
China did not say when its 25 percent tariff on U.S. pork and recycled aluminum and 15 percent tariff on the other goods might kick in, leaving time for negotiations. China exports only a small amount of steel and aluminum to the U.S. Late Thursday, the White House announced it will exempt allies like the EU, Brazil, South Korea, Mexico, Canada, and Australia from the steel and aluminum tariffs — accounting for two-thirds of U.S. steel imports and half of imported aluminum — until at least May 1. Peter Weber
"You up to date on Trump vs. Biden?" Jimmy Kimmel asked on Thursday's Kimmel Live. If you aren't, he walked through former Vice President Joe Biden's claim that he would have "beat the hell" out of Trump in high school for disrespecting women and President Trump tweeting back his fantasy of beating up Biden and making him cry. "This is what it's come to, though: Two old men arguing over who could beat the other one up," Kimmel said, before speculating about who would actually win such a fight back in high school.
"Fortunately, for the good of all of us and our entertainment, Trump and Biden have decided to put the talk aside and settle this man-to-man," Kimmel said, rolling a fake preview of the fight — POTUS vs. JOETUS, live on C-SPAN pay per view. "They really should do that — all proceeds to charity, whoever wins gets to be president," he said, then staged a press conference about the idea with Sarah Knucklebee Sanders, the handy White House press secretary.
"This is just what America needs: The Thrilla in Vanilla," Seth Meyers said on Late Night, rolling his eyes at the idea of the 71-year-old Trump and 75-year-old Biden throwing down. "The last time I saw two old dudes going at it like that, my local Walmart was down to its last bottle of prune juice," he joked. "This whole ordeal is embarrassing not only because it degrades our political discourse but also because it would never happen. Can you imagine these two actually fighting?" He gave it a shot.
Also, "shame on Joe Biden," Meyers said. "We all know you want to fight Donald Trump. But when it comes time for someone to fight Donald Trump, I'm sorry, we're just not going to pick you — we're gonna pick Ronda Rousey." He turned to Trump's legal battles, and you can watch that below. Peter Weber
Isaac Larian is the billionaire CEO of one of the world's largest privately held toy companies, and he wants your help saving Toys 'R' Us.
Larian's company, MGA Entertainment, is behind several well-known brands, including Little Tikes. He said that along with other investors, he will pledge $200 million of the $1 billion necessary to bid on 400 Toys 'R' Us stores that are being liquidated. The rest of the money would be raised through a GoFundMe campaign, with donors receiving special items depending on how much they give. "There is nothing quite like the joy and and awe of a child walking through the aisles of a Toys 'R' Us store," he said in a statement. "I want to preserve that innocent experience for future generations. We can't sit back and just let that disappear."
Toys 'R' Us closing its stores would cause a ripple effect, Larian said, with suppliers having to lay off workers, too. MGA Entertainment depends on Toys 'R' Us — Larian said nearly 20 percent of sales were to the retailer, and it was the only store that had enough room to display Little Tikes bikes. "People do not realize the hole that can't be filled by other retailers," he said. "The pipeline is too big." Should enough money be raised, a bankruptcy judge would have to authorize the deal. Catherine Garcia
At this rate, the next time you turn on Fox News it might just be an empty set or this guy, since all of the on-air personalities are being poached by President Trump.
On Thursday, Trump announced that John Bolton, a Fox News analyst and George W. Bush administration alumnus, will be replacing National Security Adviser H.R. McMaster, and another frequent guest on Fox News, Joseph diGenova, just signed on to be part of Trump's legal team. We already know Trump watches Fox & Friends like it's his job, but he sometimes changes the channel, as shown by his recent hiring of conservative CNBC contributor Larry Kudlow as director of the National Economic Council.
It makes sense for Trump to pluck people his base is familiar with, Fusion TV host Alicia Menendez told CNN. "If you love the president, if you love Fox News, then his hiring from Fox validates Fox's credibility and it also validates the president's great taste, right?" she said. "It works both ways." Why stop there, though? Trump should turn to network television to start filling positions — make nemesis Alec Baldwin his body double, replace Attorney General Jeff Sessions with Judge Judy, put the kids from Riverdale in charge of homeland security, and let Young Sheldon take over NASA. Catherine Garcia
Early Friday morning, the Senate passed a $1.3 trillion omnibus bill to fund the government through September. The 65-32 vote came hours after the House passed the bill, 256-167; the 2,232-page legislation was released Wednesday night. Trump is expected to sign the bill, likely the last major legislation Congress gets through this year, before Saturday, averting a third government shutdown this year.
Some fiscal conservatives were upset with the price tag of the spending bill, which includes big increases for the military and domestic programs — as sought by Republicans and Democrats, respectively. But Sen. Rand Paul (R-Ky.), who caused the last, brief government shutdown, did not reprise his efforts to block this legislation after intense discussions with Senate leaders. Sen. James Risch (R-Idaho) did slow down the bill a bit Thursday evening over a proposal to rename a forest in Idaho after Cecil Andrus, a former four-term Idaho governor who died last year. Risch backed down after the Senate agreed to separate legislation postponing the forest renaming. It's unclear if the House will approve that motion. Peter Weber
Trump's John Bolton hire reportedly surprised the White House and Bolton, upended plans to fire other officials
When President Trump tweeted Thursday evening that he was firing National Security Adviser H.R. McMaster and replacing him with John Bolton, effective April 9, Bolton told Fox News a few minutes later that he'd been surprised by Trump's offer, though they had apparently discussed the move for weeks. But Trump's decision to fire McMaster so abruptly also "surprised senior White House aides who had been preparing a single statement announcing the departure of multiple top Trump officials," Politico reports, citing two senior administration officials.
White House Chief of Staff John Kelly, who supported ousting McMaster, had been planning to announce the firing of Veterans Affairs Secretary David Shulkin, Housing and Urban Development Secretary Ben Carson, and maybe several senior White House aides at the same time as they announced McMaster's departure, Politico says. "It's unclear which other West Wing officials were possibly set to depart with McMaster, but the two senior administration officials said they believed it would be easier to manage the optics if multiple firings were made public in a single statement instead of drawn out."
Such an announcement wouldn't have been made for at least another week, until after inspector general reports on Carson and Shulkin were out. "Trump upends whatever he wants to upend," a White House official told Politico. Trump called McMaster Thursday afternoon to thank him and give him a heads-up about his ouster, not wanting to publicly humiliate him as he had outgoing Secretary of State Rex Tillerson, The Washington Post reports, but the mounting rumors of McMaster's firing had made it difficult for him to do his job. "Everyone in the White House knew that," a senior official told the Post. "It was the same as Rex. Everyone knew their days were numbered, so people didn't take them seriously." Peter Weber