Apr 1, 2019

U.K. Parliament rejects every alternative Brexit option for 2nd time

Anti-Brexit protestor outside of Westminster. Photo: WIktor Szymanowicz/NurPhoto via Getty Images

The House of Commons on Monday rejected all 4 alternatives to Prime Minister Theresa May's Brexit deal for the second time.

Why it matters: The U.K. leaving the EU without a deal remains the default option on April 12. The majority of MPs don't want that to happen, but Parliament has still been unable to find common ground for an alternative solution.

The vote tally:

What's next: Nobody really knows. If Parliament doesn't pass a deal, the U.K. can avoid crashing out on April 12 by asking the EU for a long extension. This would force the country to participate in the European Parliament elections in May.

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Coronavirus kills 2 Diamond Princess passengers and South Korea sees first death

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. U.S. numbers include Americans extracted from Princess Cruise ship.

Two elderly Diamond Princess passengers have been killed by the novel coronavirus — the first deaths confirmed among the more than 600 infected aboard the cruise ship. South Korea also announced its first death Thursday.

The big picture: COVID-19 has now killed more than 2,200 people and infected over 75,465 others, mostly in mainland China, where the National Health Commission announced 118 new deaths since Thursday.

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SoftBank to cut its stake to get T-Mobile's Sprint deal done

Illustration: Rebecca Zisser/Axios

T-Mobile and Sprint announced a revised merger agreement that will see SoftBank getting a smaller share of the combined company, while most shareholders will receive the previously agreed upon exchange rate. The companies said they hope to get the deal as early as April 1.

Why it matters: The amended deal reflects the decline in Sprint's business, while leaving most shareholders' stake intact and removing another hurdle to the deal's closure.