Nov 24, 2018 - World

Brexit deal back on after Theresa May meets Spain's Gibraltar demands

U.K. Prime Minister Theresa May. Photo: Jack Taylor/Getty Images

The Brexit deal is back on track after U.K. Prime Minister Theresa May made a last minute effort to meet the demands of Spain over the future of the disputed British territory of Gibraltar, Bloomberg reports.

Why it matters: Spanish Prime Minister Pedro Sanchez threatened to boycott the Brexit summit of EU leaders on Sunday if there were no guarantees that Gibraltar would be excluded from any trade negotiations between the United Kingdom and the European Union. May's concession could further endanger her upcoming battle to get the deal passed through Parliament, per Bloomberg.

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Ashley Gold

1 hour ago - Technology

Congress' next moves to rein in Big Tech

Illustration: Eniola Odetunde/Axios

After grilling the CEOs of Amazon, Facebook, Google and Apple last week, members of Congress are grappling with whether to accuse any of the firms of illegal anticompetitive behavior, to propose updating federal antitrust laws — or both.

The big picture: Congress is just one arm of government making the case against these companies. Google is expected to be the first of the firms to face possible antitrust litigation from the Justice Department before summer's end, but all four face a full-court press of investigations by DOJ, the Federal Trade Commission and state attorneys general.

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Eileen Drage O'Reilly

1 hour ago - Health

Fauci: Coronavirus task force to examine aerosolized spread

A sneeze. Photo: Maartje van Caspel/Getty Images

The White House coronavirus task force will examine more closely just how much SARS-CoV-2 might be transmitted via aerosols, and not just from droplets, NIAID director Anthony Fauci said Wednesday at an online forum sponsored by Harvard T.H. Chan School of Public Health.

Why it matters: The longer the coronavirus can remain infectious in the air, the more likely it can infect people, particularly indoors — leading to the possible need to alter air filtration and circulation within buildings.

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Dion Rabouin, Kim Hart

1 hour ago - Economy & Business

The next wave to hit Main Street

Illustration: Eniola Odetunde/Axios

Call it the great retail wash. A wave of defaults, bankruptcies and evictions expected in cities across the U.S. is poised to remake the retail landscape across the country, but there may be some upside for consumers and small businesses.

Why it matters: Rather than an overnight descent into a collection of urban wastelands full of Starbucks, Amazon fulfillment centers, Chase bank branches and nothing else, the coronavirus pandemic and resulting retail apocalypse may just mean that, in major U.S. cities, less is more.