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Most small business stories from the pandemic are about about pivoting or perishing, but there's also been an unexpected surge in new small business creation. One example is Agua Bonita, a canned beverage company that launched last year after both of its co-founders were laid off.

Axios Re:Cap talks with Agua Bonita co-founder Kayla Castañeda and Techstars founder David Cohen about what it was like for startups over the past 14 months, and what recovery means for businesses that didn't exist before COVID-19. Plus, a conversation with Wall Drug proprietor Rick Hustead.

Go deeper

May 25, 2021 - Podcasts

America's Business Comeback: A year of protest and progress

George Floyd's murder, one year ago today, and the subsequent surge of support for Black-owned small businesses "had an unprecedented impact," according to Shelly Bell, CEO of Black Girl Ventures.

Axios Re:Cap speaks with Bell in the second of a six-part series, America's Business Comeback, about what 2020 meant for Black-owned small businesses and where things stand now. We also share the first of our conversations with proprietors of some of America's most iconic small businesses.

1 hour ago - World

Iran agrees to resume Vienna nuclear talks in November

Ali Bagheri (R) with Enrique Mora in Tehran on Oct. 14. Photo: Iranian Foreign Ministry handout via Getty

Iran's new chief nuclear negotiator said following a meeting in Brussels on Wednesday that Iran would resume negotiations in Vienna before the end of November, with the exact date to be set next week.

Why it matters: The Vienna talks have been frozen since Iran's new hardline president, Ebrahim Raisi, was elected in June. This is the most direct commitment from Raisi's government to return to the negotiating table.

Dan Primack, author of Pro Rata
6 hours ago - Politics & Policy

Democrats' billionaires tax explained

Illustration: Aïda Amer/Axios

There is now legislative language behind the push to tax American billionaires on unrealized capital gains, as Sen. Ron Wyden last night released his 107-page plan.

Why it matters: This would be a sea change in U.S. tax policy, which has only applied to realized gains (otherwise known as income).