By Geoff Colvin and Ryan Derousseau
April 18, 2016

Biggest leadership news of the coming week, most likely: Tomorrow’s New York primaries. The winners aren’t in doubt, but the details will be revealing. In his home state, Donald Trump may, for the first time, attract more than 50% of the votes in a primary or caucus; the Real Clear Politics poll average shows him with 52% support. He could also win all 95 of New York’s delegates, which are awarded by congressional district, making this his best day by far of the past two weeks. Another significant possibility is that John Kasich could beat Ted Cruz, denouncer of “New York values,” for second place; polls show them essentially tied. Among the Dems, Hillary Clinton will almost certainly beat Bernie Sanders, but she’d better do it by at least 10 points to make a decent showing.

Told ya so of the week: OPEC oil ministers meeting in Doha, Qatar, over the weekend did not agree to freeze production. Some of us went out on a limb last week predicting this outcome, arguing that the anti-agreement forces that are always present in cartels were too strong. This they proved to be. Iran stayed away from the meeting, making clear that it intends to pump all the oil it can; the remaining members decided they could only lose by agreeing to freeze production in an effort to raise prices. Oil investors last week expected the opposite outcome, pushing prices up in anticipation of an agreement. Prices plunged this morning in early trading.

Most intriguing fast-food idea of recent weeks: A McDonald’s franchise owner recently broke ground for a real-world laboratory unit in St. Joseph, Missouri, continuing CEO Steve Easterbrook’s program of creative experimentation as he turns the company around. Among the massive, 6,500-square-foot restaurant’s features: table service, arm chairs, sofas, kiosk ordering, infinitely customizable burgers, and the concept that will draw the most attention, endless fries. As one blogger observed, that could be heaven or hell.

A trend to watch this spring: As corporate annual meeting season gets intense, watch say-on-pay votes. Of the top 250 companies in the Fortune 500, 101 are asking shareholders to approve the pay of the CEO and four other highest-paid officers. Shareholders have voted yes at the 20 companies that have met so far this year. The issue is hot after shareholders of British Petroleum (on the Fortune Global 500, not the Fortune 500) last week rejected CEO Bob Dudley’s pay package.

Most depressing day this week: Today, tax day, not because we Americans must file tax returns by today but because we’re reminded of Washington’s continuing monumental leadership failure in not reforming a corporate and personal tax code that is clearly impairing economic growth.

Most inspiring day this week: Today, Boston Marathon day, because we’re reminded of the tremendous, selfless leadership shown by scores of ordinary people in combining and self-organizing to help victims of the terrorist bombing three years ago. Here’s hoping that leadership continues to reveal itself when it’s needed most.

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