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Why big banks are breaking up with some fossil fuels

Illustration: Sarah Grillo/Axios

JPMorgan Chase is the latest financial giant to unveil new climate commitments, and like its peers, it is hard to disentangle how much is motivated by pressure, conscience or making a virtue of necessity.

Why it matters: The move comes as grassroots and shareholder activists are targeting the financial sector's fossil energy finance, especially amid federal inaction on climate.

Trump acknowledges lists of disloyal government officials to oust

Photo: Mandel Ngan/AFP via Getty Images

President Trump on Monday acknowledged the existence of assembled lists of government officials that his administration plans to oust and replace with trusted pro-Trump people, which were first reported by Axios' Jonathan Swan.

What he's saying: “I don’t think it's a big problem. I don’t think it's very many people,” Trump said during a press conference in India, adding he wants “people who are good for the country, loyal to the country.”

Coronavirus only part of the story behind the Dow’s drop

Photo: Andrew Burton/Getty Images

As someone has certainly told you by now, the Dow fell by more than 1,000 points yesterday, its worst day in more than two years, erasing all of 2020's gains. Most news headlines assert that the stock market's momentum was finally broken by "coronavirus fears," but that's not the full story.

What's happening: The novel coronavirus has been infecting and killing scores of people for close to a month and, depending on the day, the market has sold off or risen to record highs.

Coronavirus "infodemic" threatens world's health institutions

Illustration: Aïda Amer/Axios

The spread of the novel coronavirus outbreak is being matched, or even outrun, by the spread on social media of both unintentional misinformation about it and vociferous campaigns of malicious disinformation, experts tell Axios.

Why it matters: The tide of bad information is undermining trust in governments, global health organizations, nonprofits and scientists — the very institutions that many believe are needed to organize a global response to what may be turning into a pandemic.

Go deeperArrow4 hours ago - Health

America's addiction treatment misses the mark

Illustration: Aïda Amer/Axios

Addiction treatment in the U.S. is critically necessary yet deeply flawed.

The big picture: Drug overdoses kill tens of thousands of Americans a year, but treatment is often inaccessible. The industry is also riddled with subpar care and, in some cases, fraud.

Go deeperArrow5 hours ago - Health

CDC issues travel warning as South Korea coronavirus cases near 1,000

The CDC warned travelers in an alert to avoid all nonessential travel to South Korea, as the number of confirmed cases of the novel coronavirus in the country rose to 977 on Tuesday morning.

The big picture: WHO has expressed concern about infections with no clear link to China. COVID-19 has killed at least 2,703 people and infected more than 80,000 others, mostly in mainland China.

Go deeperArrowUpdated 5 hours ago - Health

Trump says RBG and Sotomayor should recuse themselves from his cases

President Trump at Sardar Vallabhbhai Patel International Airport in Ahmedabad, India, on Monday. Photo: Mandel Ngan/AFP via Getty Images

President Trump tweeted during his India visit late Monday that Supreme Court justices Sonia Sotomayor and Ruth Bader Ginsburg should "recuse themselves" from cases involving him or his administration.

Why it matters: The president's criticism of the liberal justices comes after he attacked the judge overseeing the case of his longtime advisor Roger Stone, who was sentenced last Thursday to 4o months in prison for crimes including lying to Congress and witness tampering.

Deadly clashes erupt in Delhi as Trump visits India

Rival protesters over the Citizenship Amendment Act in Delhi, India, on Monday. Photo: Yawar Nazir/ Getty Images

Delhi Chief Minister Arvind Kejriwal called for calm Tuesday as deadly clashes erupted in the city's northeast between supporters and opponents of India's controversial new citizenship law.

Why it matters: Per the BBC, a police officer and six civilians "died in the capital's deadliest day" since last year's passing of the Citizenship Amendment Act — which allows religious minorities but excludes Muslims from nearby countries to become citizens if they can show they were persecuted for their religion — as President Trump and members of the U.S. first family are in Delhi as part of a two-day visit to India, though they're away from the violence.

Go deeper: India's citizenship bill continues Modi's Hindu nationalist offensive

South Carolina paper The State endorses Buttigieg

Democratic presidential candidate and former South Bend Pete Buttigieg speaks at an event in Charleston, South Carolina on Monday. Photo: Win McNamee/Getty Images

South Carolina newspaper The State endorsed former Southbend Mayor Pete Buttigieg on Monday night for the state's Democratic primary.

Why it matters: It's a welcome boost for Buttigieg ahead of Tuesday's Democratic debate in South Carolina and the state's primary on Saturday.

#MeToo leaders react to Harvey Weinstein's rape conviction

Actor Rose McGowan and #MeToo movement founder of Tarana Burke at a campaign event in Detroit. Photo: Rena Laverty/AFP via Getty Images

Harvey Weinstein's rape trial convictions on Monday mark an "incredibly important step" for the #MeToo movement and the greater fight to end gender-based violence, the campaign's leaders said in a statement.

Why it matters: Allegations that first publicly surfaced against Weinstein in 2017 helped propel Tarana Burke's MeToo movement into a global campaign. Burke and other #MeToo leaders say his being found guilty in New York of committing a sexual act in the first degree and third-degree rape "sends a resounding message to survivors, to perpetrators and to allies."

Trump administration asks Congress for $2.5 billion to fight coronavirus

President Trump with Health and Human Services Secretary Alex Azar at the White House in September. Photo: Chip Somodevilla/Getty Images

The Trump administration sent a letter to Congress Monday requesting a funding commitment of at least $2.5 billion to help combat the spread of the novel coronavirus.

Details: The request for a lump sum account for the Department of Health and Human Services includes $1.25 billion in new funds to fight COVID-19 and $535 would come from untouched funds for the Ebola virus.

Go deeperArrow12 hours ago - Health

The global scramble to contain the coronavirus

Taking precaution, in the Philippines. Photo: Ezra Acayan/Getty Images

The coronavirus is spreading quickly in cities nowhere near Wuhan, China, and the window to prevent a global pandemic is narrowing.

Zoom in: Here's a look at what comes with a coronavirus outbreak in communities outside China that have been hardest hit so far.

Go deeperArrow14 hours ago - World