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Brazil confirms first coronavirus case in Latin America

Revelers participate in the celebration of the street carnival of Bloco do Caixao on Tuesday in Ouro Preto, Brazil. Photo: Pedro Vilela/Getty Images

Brazil's health ministry confirmed the first novel coronavirus case in Latin America Wednesday — a 61-year-old that tested positive after returning from a visit to northern Italy, the epicenter of Europe's outbreak.

Why it matters: The case comes in the midst of Carnival, a peak time for domestic travel that draws millions of revelers in major cities. Brazil is tracking 20 suspected cases of the virus in the country, according to health officials.

Go deeper: Follow Axios' full coverage of the oronavirus

Go deeper

Alayna Treene, author of Sneak Peek
11 mins ago - Politics & Policy

Scoop: Hundreds of Biden staffers receive COVID vaccine

Screenshots of an email inviting White House staff to receive the COVID-19 vaccine, obtained by Alayna Treene/Axios

A week into the job, President Biden's White House medical team has administered the coronavirus vaccine to several hundred staffers — and aims to vaccinate all in-person staff over the next few weeks, officials tell Axios.

Why it matters: The new administration is ramping up steps to protect President Biden and all staff working inside the White House complex. The administration is also requiring daily employee COVID tests and N95 masks at all times.

Go deeper (<1 min. read)Arrow
Dan Primack, author of Pro Rata
57 mins ago - Economy & Business

The Leon Black clock strikes midnight

Illustration: Sarah Grillo/Axios

Leon Black is "retiring" as CEO of Apollo Global Management, the alternative investment giant he has led since co-founding it in 1990. But he is not making a full break, as Black will remain chair of Apollo's board of directors.

Why it matters: This is the culmination of 18 months of head-in-the-sand obfuscation of Black's dealings with Jeffrey Epstein.

Go deeper (2 min. read)Arrow
Courtenay Brown
3 hours ago - Economy & Business

Reddit traders look to pummel Wall Street's old guard

Illustration: Sarah Grillo/Axios

Reddit traders are taking on Wall Street pros at their own game with this basic mantra: Stocks will always go up.

Why it matters: Their trades — egged on in Reddit threads — have played a role in historic market activity in recent days.

Go deeper (2 min. read)Arrow