A factory where Boeing manufactures the 737 MAX airplane on April 29 in Renton, Washington. Photo: Stephen Brashear/Getty Images

Boeing does not expect to seek aid from the federal government to offset losses exacerbated by the coronavirus crisis, after selling $25 billion in bonds in the public market, the company said in a Thursday press release.

Flashback: Boeing sought $60 billion in federal aid for the aircraft industry, including suppliers, in March. The Treasury Department had set aside up to $17 billion for Boeing as part of its $2 trillion CARES rescue package, the Wall Street Journal reported earlier this month.

Details: The company's seven-part bond offering, which WSJ reports is "one of the largest-ever," includes maturities ranging from three to 40 years.

Background: Boeing's production shutdown in the aftermath of two fatal crashes last year had already caused forecasts for the company's GDP this year to shrink.

Thought bubble from Axios’ Joann Muller: The huge bond deal is a vote of confidence in Boeing’s staying power, despite the uncertainty caused by the pandemic. Accepting federal aid would have been controversial, as Boeing already faced financial difficulties because of the grounding of its best-selling plane, the 737 Max, prior to the pandemic. CEO David Calhoun also balked at the idea of giving the U.S. Treasury a stake in the company.

Go deeper: Coronavirus threatens to further delay return of Boeing's 737 MAX

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Updated 32 mins ago - Science

Isaias strengthens as it crawls toward the Carolinas

A wave crashes ashore as Tropical Storm Isaias passes through Jetty Park in Fort Pierce, Florida, on Sunday. Photo: Joe Raedle/Getty Images

Tropical Storm Isaias is expected to reach the Carolinas late Monday at "near hurricane strength," the National Hurricane Center (NHC) said.

The latest: Isaias was 65 miles northeast of Cape Canaveral with winds increasing to 70 mph, the NHC said in a 2 a.m. update. Storm surge warnings and hurricane watches were in effect for North and South Carolina and Rhode Island. Tropical storm watches were in effect for Florida, Long Island and Delaware.

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Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 3 a.m. ET: 18,082,307 — Total deaths: 689,420 — Total recoveries — 10,690,359Map.
  2. U.S.: Total confirmed cases as of 3 a.m. ET: 4,667,955 — Total deaths: 154,860 — Total recoveries: 1,468,689 — Total tests: 56,812,162Map.
  3. Public health: U.S. has entered new phase of pandemic with rural spread, Dr. Birx says.
  4. Politics: What's next in stimulus negotiations.
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  6. Education: Every minute of the school day looks a lot different in a pandemic.
  7. 1 📚 thing: Americans see increased use of libraries.
Updated 2 hours ago - Health

World coronavirus updates: Global cases top 18 million

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Axios Visuals

The number of novel coronavirus cases surged past 18 million globally on Sunday night, Johns Hopkins data shows.

By the numbers: More than 688,300 people have died from COVID-19 worldwide. Over 10.6 million have recovered.