Get the latest market trends in your inbox

Stay on top of the latest market trends and economic insights with the Axios Markets newsletter. Sign up for free.

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 Minneapolis-St. Paul

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tampa-St. Petersburg news in your inbox

Catch up on the most important stories affecting your hometown with Axios Tampa-St. Petersburg

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!

Port Macquarie Koala Hospital clinical director Cheyne Flanagan tends to Paul the koala, from Lake Innes Nature Reserve, as he recovers from burns. Photo: Nathan Edwards/Getty Images

Australia's wildlife carers are set to work "around the clock" through Christmas to deal with the impact of the deadly wildfires on the country's unique wildlife, Reuters reports.

Why it matters: The fires have burned an estimated 12 million-plus acres across the country, per the Guardian. The impact on wildlife has been devastating, particularly for koalas. Conservationists fear over 2,000 of the marsupials have died in the blazes, SBS News reports.

The state of play: Cheyne Flanagan, clinical director of Port Macquarie Koala Hospital, told Reuters staff are caring over Christmas for 72 koalas affected by the blazes — and they're preparing for more, "particularly for baby animals stressed by hot weather, bushfires and drought."

  • A fund-raising page set up for the hospital to help koalas in October, a month after the bushfires broke out, had raised $2.1 million by 10 p.m. Tuesday Eastern Time.
  • Across the country, tales of heroism are emerging as Aussies step up to help rescue native wildlife — including some involving remarkable four-legged heroes.

Go deeper: In photos: Deadly wildfires rage across Australia

Go deeper

Inside Patch's new local newsletter platform

Illustration: Annelise Capossela/Axios

Patch, the hyperlocal (and profitable) local digital news company, has built a new software platform called "Patch Labs" that lets local news reporters publish their own newsletters and websites, sources tell Axios.

Why it matters: It follows a growing trend of journalists going solo via newsletters at the national level.

Scoop: Politico stars plot new Playbook

Anna Palmer and Jake Sherman. Photo: Alex Wong/Getty Images

Three of Politico’s biggest reporting stars plan to launch a competitor to the company’s Politico Playbook franchise, sources tell me. 

Why it matters:  Jake Sherman, Anna Palmer and John Bresnahan will launch a daily newsletter in 2021 as a stand-alone company, the sources say. In effect, they will be competing against the Playbook franchise they helped create and grow. 

Ben Geman, author of Generate
13 mins ago - Energy & Environment

Big Oil's big reckoning

Illustration: Sarah Grillo/Axios

There doesn't seem to be an oil major that's got it all figured out between the pandemic, cloudy demand and price outlooks, and the unknown path through a world getting a bit more serious about climate.

Driving the news: ExxonMobil yesterday afternoon showed the latest signs of its struggle to position itself as it announced large write-offs and a big rethink of long-term spending.