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Photo by Arifur Rahman/AFP via Getty Images

At least 39 people died and 70 more were injured in a fire on a crowded river ferry in Bangladesh early Friday, AP reports.

Driving the news: The fire started at around 3 a.m. local time, and the ferry was carrying 800 passengers from Dhaka, the country's capital, to Barguna, officials said.

  • The death toll was likely to rise because many who had jumped into the water to escape the fire were still missing, the New York Times reports, citing local officials.
  • Fire officer Kamal Uddin Bhuiyan said it took two hours to control the fire and eight more hours to cool down the ferry. The fire may have started in the engine room, he said.
  • The Bangladesh government set up two committees to investigate the fire, and the committees need to report their findings in three days, AP reports.

The big picture: Fires have ravaged Bangladesh in recent years, with one killing over 50 workers trapped in a factory and another tearing through a refugee camp earlier this year.

Go deeper

Updated 13 mins ago - Politics & Policy

Omicron dashboard

Illustration: Shoshana Gordon/Axios

  1. Health: Axios-Ipsos poll: Omicron's big numbersAnother wave of death — FDA limits use of Regeneron and Lilly antibody treatments — Fauci: "Confident" Omicron cases will peak in February.
  2. Vaccines: Pfizer begins clinical trial for Omicron-specific vaccine — The shifting definition of fully vaccinated.
  3. Politics: Biden admin withdraws temporary vaccine-or-test mandate for large employers — New York Supreme Court strikes down Gov. Hochul's mask mandate for public areas — Sarah Palin tests positive, delaying defamation trial — Virginia school boards sue Gov. Youngkin for lifting mask mandate.
  4. World: U.K. to lift travel testing requirement for fully vaccinated — Beijing Olympic Committee lowers testing threshold ahead of Games.
  5. Variant tracker

The Robinhood M&A rumor mill churns

Illustration: Sarah Grillo/Axios

Robinhood's valuation is now just over $11 billion, a fraction of where it traded in August and below that of its last private round of funding. Cue the M&A mongers.

Why it matters: It's not just Robinhood—falling values of growth-oriented tech stocks have raised speculation that formerly high-flying fintechs could be snapped up by more well-capitalized buyers.

55 mins ago - Health

Student's death renews calls for schools to stock opioid overdose drug

Photo: Amy Davis/Baltimore Sun/Tribune News Service via Getty Images

A Connecticut student's death has renewed calls for schools to stock and administer naloxone, a drug that can quickly reverse the effects of an opioid overdose.

Why it matters: U.S. drug overdose fatalities reached six figures in a 12-month period for the first time in November, and synthetic or natural opioids were the cause of a majority of the overdoses.