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AP / Nati Harnik

ABC has settled a $1.9 billion defamation lawsuit from Beef Products Inc. News for referring to the South Dakota company's meat product as "pink slime."

The lawsuit went to trial earlier this month for several weeks after a South Dakota judge ruled in March that ABC journalists "were reckless" in their reporting and that "they engaged in purposeful avoidance of the truth." The terms of the settlement are confidential.

Why it matters: The case is another First Amendment test for the media, and will further define the scope of food libel laws across the country. The South Dakota law that this suit is based on triples the amount of reported damages if a news organization knowingly lied about food safety claims, meaning ABC could have been looking at up to $5.7 billion in charges. ABC stands by its original 2012 report.

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Illustration: Sarah Grillo/Axios

The Axios subject-matter experts brief you on the incoming administration's plans and team.

Rep. Lou Correa tests positive for COVID-19

Lou Correa. Photo: Tom Williams/CQ-Roll Call, Inc via Getty Images

Rep. Lou Correa (D-Calif.) announced on Saturday that he has tested positive for the coronavirus.

Why it matters: Correa is the latest Democratic lawmaker to share his positive test results after last week's deadly Capitol riot. Correa did not shelter in the designated safe zone with his congressional colleagues during the siege, per a spokesperson, instead staying outside to help Capitol Police.

Far-right figure "Baked Alaska" arrested for involvement in Capitol siege

Photo: Shay Horse/NurPhoto via Getty Images

The FBI arrested far-right media figure Tim Gionet, known as "Baked Alaska," on Saturday for his involvement in last week's Capitol riot, according to a statement of facts filed in the U.S. District Court in the District of Columbia.

The state of play: Gionet was arrested in Houston on charges related to disorderly or disruptive conduct on the Capitol grounds or in any of the Capitol buildings with the intent to impede, disrupt, or disturb the orderly conduct of a session, per AP.