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Big Oil presses Supreme Court on litigation venues for climate change lawsuits
2 hours ago - Energy & EnvironmentToday’s top stories
The race to out-Fox Fox News
Newsmax's Greg Kelly compared President Trump to Rocky Balboa on Monday night. Screenshot: Newsmax
A new class of conservative outlets and networks is racing to capture the attention of disgruntled Trump voters, who feel abandoned by traditional news companies and censored by social media.
Why it matters: Fox News, for years, has been criticized for polarizing coverage. Now, there’s a race unfolding among several conservative outlets who don’t think Fox is pro-Trump enough.
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Biden's Day 1 challenges: China damage control
Illustration: Eniola Odetunde/Axios
The day he enters the White House, President-elect Joe Biden will inherit a host of China-related challenges that require immediate action, from restoring diplomatic backchannels with China to figuring out what to do about lingering tariffs.
The big picture: Biden must find a way to put the U.S.-China relationship on a more sustainable path while preserving U.S. national security interests and blocking China's efforts to weaken international norms.
Biden to bring Donilon and Ricchetti into White House
Biden after delivering remarks on the economic recovery in Wilmington, Del. Nov. 16. Photo: Salwan Georges/The Washington Post via Getty Images
President-elect Joe Biden is bringing two longtime confidants — Steve Ricchetti and Mike Donilon — into the West Wing along with newer faces as he fills out out his senior White House staff.
Driving the news: Biden named Ron Klain as his chief of staff last week, and on Tuesday announced other members of his senior team.
Airbnb's IPO bets on a post-pandemic future
Illustration: Sarah Grillo/Axios
In filing for a $1 billion stock offering Monday, Airbnb is betting investors will look past the company's coronavirus-induced struggles and see a brighter future.
Between the lines: Airbnb faces pressure to go public despite the pandemic so it can deliver liquidity both to investors and to early employees, whose options will eventually expire.
Corporate heavyweights ramp up electric vehicle lobbying push
Illustration: Eniola Odetunde/Axios
A new coalition is launching — with Tesla, Uber, power giants like Southern Company, and others — that will push for electric models to account for 100% of new U.S. vehicle sales by 2030.
Why it matters: While electric vehicles are a growing technology, new corporate lobbying efforts — especially by powerful companies — could help spur faster growth in what remains a largely niche market.
Amazon launches online pharmacy, prescription delivery service
Photo: ERIC BARADAT/AFP via Getty Images
Amazon launched Amazon Pharmacy on Tuesday, which will allow U.S. customers to order prescription medications without leaving their homes.
Why it matters via Axios' Dan Primack: With the pharmaceutical business going digital, this could create a major challenge for companies like CVS and Walgreens, whose stocks stumbled this morning after Amazon's announcement.
The NCAA eyes an Indianapolis bubble for March Madness
Illustration: AĂŻda Amer/Axios
The NCAA announced Monday that it will consolidate March Madness to a single city in 2021, likely Indianapolis.
Why it matters: The NCAA lost $375 million when it canceled March Madness this past spring, and with COVID-19 surging heading into the winter, utilizing a bubble could be the only way to successfully complete the event.
Vaccine hopes are powering Wall Street
Illustration: Eniola Odetunde/Axios
Here’s one thing Wall Street investors can say that other Americans can’t: Things are looking really good.
Why it matters: The backdrop is the worst rate of coronavirus infections since the pandemic began. But that’s no match for a prospective vaccine down the line, which adds to already favorable conditions for investors.
COVID cases are peaking now in most of the country
While some parts of the country endured high rates of coronavirus infection in the spring and summer, most of the country is experiencing the worst of it right now.
By the numbers: Most American counties — 58% of them — have seen the peak of their coronavirus infections this month, and 76% of counties have peaked at some point in the fall.
COVID cases are spiking, but our attention isn’t
Ahead of Thanksgiving travel, new coronavirus cases in the U.S. have never been higher, and online interest in the pandemic has never been lower, according to data from NewsWhip provided to Axios.
Why it matters: The novelty of the virus has long worn off with half a year passed since our lives were upended. But the health risks haven't gone anywhere.
Axios-Ipsos poll: The coronavirus wakeup call
The nationwide surge in coronavirus infections is prompting some Americans to take high-risk behaviors more seriously, according to the latest installment of the Axios-Ipsos Coronavirus Index.
Why it matters: Our latest survey shows that more people — and more Republicans, in particular — are attuned to the risks of indoor activities. That’s a positive sign, if the U.S. has any hope of getting this latest outbreak under control.
Most powerful Atlantic hurricane of 2020 makes landfall in Nicaragua
Photo: NOAA
Hurricane Iota made landfall in Nicaragua late Monday as an "extremely dangerous" Category 4 storm, packing maximum sustained winds of 155 mph, per the National Hurricane Center.
Why it matters: The storm is the most powerful of the 2020 Atlantic hurricane season, with "life-threatening storm surge, catastrophic winds, flash flooding, and landslides expected across portions of Central America," the NHC said.
States enact new restrictions amid record COVID-19 hospitalizations
Photo: Spencer Platt/Getty Images
The number of people hospitalized with COVID-19 in the U.S. reached a new record high of 73,014 on Monday, per the COVID Tracking Project.
Driving the news: Governors in several states announced new restrictions to combat the wave of rapid COVID-19 spread, with fears that the numbers will continue to accelerate as people gather for the Thanksgiving holiday.
Nearly 90,000 sex abuse claims filed against Boy Scouts of America
Photo: George Frey via Getty
Nearly 90,000 sexual abuse claims were submitted against the Boy Scouts of America (BSA) ahead of a Monday deadline in the organization's bankruptcy case.
Why it matters: The number of sex abuse cases is still likely underreported. Paul Mones, a lawyer who has been working on Boy Scouts cases for nearly two decades, told Axios he expects the total number of reported cases to be "closer" to 100,000. He's calling for a congressional inquiry into the scandal.
Rich countries are taking the vaccine fast lane. Others could wait years
Illustration: Sarah Grillo/Axios
The vaccine breakthroughs from Pfizer and Moderna are incredible news, for a small sliver of the world.
The big picture: Wealthy countries like the U.S. have secured their access to those vaccines and others and are increasingly confident they'll begin mass vaccination this spring. But according to research from Duke University's Global Health Institute, there likely won't be enough doses to cover the entire global population until 2024.