Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Denver news in your inbox

Catch up on the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Des Moines news in your inbox

Catch up on the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Minneapolis-St. Paul news in your inbox

Catch up on the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tampa Bay news in your inbox

Catch up on the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Charlotte news in your inbox

Catch up on the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Downtown Indianapolis. Darron Cummings / AP

Corporate America has fallen back in love with big cities, where a growing list of name firms like GE and McDonald's have announced they are moving their headquarters from the burbs.

  • Large companies want to be downtown because that's where the most talented younger workers want to be, making corporate, urban migration another auspicious trend for America's big cities, along with falling crime rates and expanding tax bases.
  • But according to the Manhattan Institute's Aaron Renn, the benefits of corporate America's rekindled urban interest is going by and large to just a few of America's most powerful economic centers, like New York, Boston, and Chicago, while the attempted comebacks of St. Louis and Cincinnati are much more precarious. Indianapolis (see after the jump) may be an exception for the second-tier cities.
  • Why it matters: Renn points to data showing that just six cities grabbed three-fourths of all U.S. downtown job growth between 2010 and 2013, suggesting that the go-urban strategy to attract the best talent is appealing in only certain cities and for certain businesses.

Indianapolis is an example of the mixed success mid-sized cities have had in attracting employers downtown.

  • The city has successfully leveraged its unique sports culture to attract tourism and amenities to downtown Indy, while investing in public-private partnerships to beautify the city and improve infrastructure.
  • Downtown Indianapolis is rapidly adding new restaurants, but office vacancy rates remain high, evidence that big, corporate employers that employ middle-class knowledge workers are not yet convinced.
  • There are signs the city might be turning a corner with homegrown success stories like Exact Target, an Indianapolis startup bought by Salesforce in 2013. Salesforce has continued to invest in Indianapolis, which is now its second largest hub

Go deeper

Tech digs in for long domestic terror fight

Illustration: Sarah Grillo/Axios

With domestic extremist networks scrambling to regroup online, experts fear the next attack could come from a radicalized individual — much harder than coordinated mass events for law enforcement and platforms to detect or deter.

The big picture: Companies like Facebook and Twitter stepped up enforcement and their conversations with law enforcement ahead of Inauguration Day. But they'll be tested as the threat rises that impatient lone-wolf attackers will lash out.

The pandemic could be worsening childhood obesity

Illustration: Aïda Amer/Axios

The 10-month long school closures and the coronavirus pandemic are expected to have a big impact on childhood obesity rates.

Why it matters: About one in five children are obese in the U.S. — an all-time high — with worsening obesity rates across income and racial and ethnic groups, data from the National Health and Nutrition Examination Survey show.

Dave Lawler, author of World
18 mins ago - World

Biden's Russia challenge

Illustration: Eniola Odetunde/Axios

The Biden administration has already proposed a five-year extension of the last treaty constraining the U.S. and Russian nuclear arsenals, announced an urgent investigation into a massive Russia-linked cyberattack, and demanded the release of Russia’s leading opposition figure, Alexey Navalny.

Why it matters: Those three steps in Biden's first week underscore the challenge he faces from Vladimir Putin — an authoritarian intent on weakening the U.S. and its alliances, with whom he’ll nonetheless have to engage on critical issues.

You’ve caught up. Now what?

Sign up for Mike Allen’s daily Axios AM and PM newsletters to get smarter, faster on the news that matters.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!