Photo illustration: Axios Visuals

Airbnb will not go public in 2018, according to a statement from CEO Brian Chesky. The news came within an announcement that chief financial officer Laurence Tosi is leaving the home-sharing juggernaut, while legal and business officer Belinda Johnson will become chief operating officer.

Why it matters: Airbnb seemed poised to break Silicon Valley's "unicorn" IPO drought, following last week's addition of outgoing American Express CEO Ken Chenault as an independent director and news that the company will soon release its first "annual stakeholder report."

Tosi is said to have been at odds with Chesky over both business priorities and influence at Airbnb, and is expected to focus on his own investment firm for now.

Airbnb has hired executive search firm Crist Kolder Associates to find a CFO replacement, while current executive Ellie Mertz will serve as interim head of finance.

The company is also said to be searching for yet another board director who also could chair its audit committee.

Airbnb, which had been looking for a COO before promoting Johnson, tells Axios it won't backfill her previous job because of a recent company reorganization that created four business units: homes, trips, luxury, and China.

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Biden: The next president should decide on Ginsburg’s replacement

Joe Biden. Photo: Drew Angerer / Getty Images

Joe Biden is calling for the winner of November's presidential election to select Ruth Bader Ginsburg's replacement on the Supreme Court.

What he's saying: "[L]et me be clear: The voters should pick the president and the president should pick the justice for the Senate to consider," Biden said. "This was the position the Republican Senate took in 2016 when there were almost 10 months to go before the election. That's the position the United States Senate must take today, and the election's only 46 days off.

Trump, McConnell to move fast to replace Ginsburg

Photo: Alex Wong/Getty Images

President Trump will move within days to nominate his third Supreme Court justice in just three-plus short years — and shape the court for literally decades to come, top Republican sources tell Axios.

Driving the news: Senate Majority Leader Mitch McConnell and Senate Republicans are ready to move to confirm Trump's nominee before Election Day, just 46 days away, setting up one of the most consequential periods of our lifetimes, the sources say.

Updated 8 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 10 p.m. ET: 30,393,591 — Total deaths: 950,344— Total recoveries: 20,679,272Map.
  2. U.S.: Total confirmed cases as of 10 p.m. ET: 6,722,699 — Total deaths: 198,484 — Total recoveries: 2,556,465 — Total tests: 92,163,649Map.
  3. Politics: In reversal, CDC again recommends coronavirus testing for asymptomatic people.
  4. Health: Massive USPS face mask operation called off The risks of moving too fast on a vaccine.
  5. Business: Unemployment drop-off reverses course 1 million mortgage-holders fall through safety netHow the pandemic has deepened Boeing's 737 MAX crunch.
  6. Education: At least 42% of school employees are vulnerable.