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The Daily Courant
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Iran War Jitters, Bari–CNN Predictions, An Art Market Rosetta Stone

Welcome back to The Daily Courant, your afternoon guide to Puck’s best new reporting.

First up today, Dylan Byers reveals what went down inside Jeff Bezos’s Kalorama mansion when more than 30 Washington Post editors, executives, and journalists huddled for a four-hour summit on the paper’s uncertain future. The highlight: an ask-me-anything session in which Bezos made clear that he’s not selling, no matter how many offers he’s fielded—or how many friends and family members have begged him to cut his losses. But beyond the pep talk, the real question lingers: How—and with whom—will Bezos actually turn the Post around?

Plus, below the fold: Leigh Ann Caldwell uncovers the private anxieties lurking behind the G.O.P.’s public support of Trump’s misadventure in Iran. Bill Cohan gets to the bottom of a $40 trillion Wall Street creditor panic. Marion Maneker extracts the biggest market signals from Clare McAndrew’s annual art market bible. And Sarah Shapiro digs into exclusive data on the top 10 products driving the affiliate economy.

But wait, there’s more! Glenn Adamson profiles a Gen Z Japanese designer mastering the art of “sympathetic invention.” And on The Powers That Be, Peter Hamby and Jon Kelly discuss a surprising NBA liquidity event and how Bari Weiss could remake CNN.

MEDIA

Dylan Byers Dylan Byers
The Snows of Kalorama

The Snows of Kalorama 

It had all the trappings of a turning point for The Washington Post, with dozens of executives, editors, and reporters summoned to Jeff Bezos’s local manse for an unhurried, candid, even conciliatory discussion about what’s gone wrong with the paper since the centibillionaire bought it in 2013. But what attendees say they didn’t discuss is how to save it.

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Unlocking energy in the Gulf.


bp supports ~300,000 US jobs. Like the teams producing oil & gas offshore today and the ones discovering new resources for tomorrow. We’re growing in the Gulf to help boost American energy security and supply. See all the ways bp is driving American energy forward. 

WASHINGTON

Leigh Ann Caldwell Leigh Ann Caldwell
Dire Straits

Dire Straits

On Capitol Hill, Republicans are projecting a united front in support of Trump’s war. But many of them fear rising gas prices in Peoria, not to mention dwindling munitions. And a number of them are trying to walk a line between supporting Trump and declaring mission accomplished.

WALL STREET

William D. Cohan William D. Cohan
What Happens If a $40 Trillion Bubble Bursts?

What Happens If a $40 Trillion Bubble Bursts?

There’s been a simmering anxiety since the fall that trouble is brewing in the private-credit market, and high-profile redemption requests have only added to the panic. There may be cockroaches in the system, but Wall Street superstars Marc Rowan and Jon Gray insist it’s all just a bunch of bad actors on the periphery.

ART

Marion Maneker Marion Maneker
The Oracle of Dublin

The Oracle of Dublin

Clare McAndrew, the prophetic art market economist, is out with the latest edition of the annual report that has become required reading for the industry. The big takeaway is that markets are recovering—but the wealth isn’t being spread evenly, and costs are rising too.

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Boosting American energy.


bp added $190+ billion to the US economy over the past three years. We’re investing in America to help meet growing energy demand today and build supply for the future. From discovery to production to retail, see how else bp is driving American energy forward.

FASHION

Sarah Shapiro Sarah Shapiro
The Week in Shopping: The Rise of the Easy Pant Shopper

The Week in Shopping: The Rise of the Easy Pant Shopper

Line Sheet’s latest exclusive data from ShopMy reveals that Americans have been binging on easy pants. Meanwhile, those white flats you see popping up everywhere aren’t just in your imagination.

ART

Glenn Adamson

Hot Hand: Rio Kobayashi

Hot Hand: Rio Kobayashi

At 36, the designer Rio Kobayashi has a far-flung sensibility, a Millennial restlessness, and an aesthetic wisdom beyond his years. And perhaps most importantly in this day and age, Kobayashi’s works are imbued with an infectious crossover appeal.

MEDIA

Peter Hamby Peter Hamby
Jon Kelly Jon Kelly
The Powers that Be Daily, Starring Peter Hamby

Media Monday: The Bari–CNN Org Chart & An NBA Windfall

Besties Jon Kelly and Peter Hamby work through their Oscars and Selection Sunday hangover to tear through all the CBS News–CNN machinations: What will get pro forma’d, who will be in charge, and how far right will it all lurch? Then the duo dig into a likely forthcoming NBA liquidity event.

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