The first night of the Republican National Convention (RNC) drew 18.13 million viewers Monday night, up slightly from 2020, but down 21% from 2016, according to Nielsen.
Why it matters: Monday's convention marked former president Trump's first public appearance since an assassination attempt against him Saturday evening.
Us Weekly, the Hollywood and celebrity magazine, is expanding its print product from 48 issues to 52, its new editor Dan Wakeford told Axios. Each edition will also expand by 12 pages.
Why it matters: It's part of a broader overhaul of the 47-year-old publication to reach a more sophisticated audience with more authoritative content.
U.S. Senator and Banking Committee member Bill Hagerty (R-Tenn.) said that former president Donald Trump sees the potential of blockchain technology to advance the U.S. economy.
Why it matters: Blockchain technology has become a wedge issue between the two leading contenders for America's highest office, and it's an industry that's shown a willingness to spend an enormous amount of money to get supportive politicians elected.
Tesla's unconventional Cybertruck surpassed the Ford F-150 Lighting as America's most popular electric pickup truck in May, vehicle registration data shows.
Why it matters: Tesla, which has been ramping up production, claims to have 1 million Cybertruck reservations. But true demand for electric pickup trucks is unclear.
Spotify on Wednesday launched a Spanish-language version of its AI DJ — a generative-AI feature that delivers personalized playlists along with narration based on the voice of a real person.
Why it matters: Dubbed "Livi," the move is further evidence of the music streaming platform's ambitions to drive growth and loyalty through AI tools.
Too Good To Go, an app that allows consumers to snag cheap eats and helps businesses reduce food waste, is expanding into Whole Foods stores nationwide.
Why it matters: Food waste in the U.S. accounts for 30 to 40% of the food supply, according to the U.S. Department of Agriculture.
Drive share platform Lyft has hired Terra Carmichael as vice president of communications, the company exclusively told Axios.
Why it matters: Lyft CEO David Risher has earned a reputation for being a very effective communicator, and Carmichael's team will help amplify the corporate narrative to appeal to riders, drivers, investors and legislators.
A Trump-owned company is selling limited-edition sneakers depicting former President Trump with blood on his cheek and his hand raised in a fist for $299 a pair.
Why it matters: It's the latest indication that pro-Trump vendors are capitalizing off iconic images of the Republican presidential nominee in the aftermath of Saturday's assassination attempt on him as they push for his election.
Willow Bay, dean of the USC Annenberg School, and her husband, Walt Disney Company CEO Bob Iger, have agreed to acquire Angel City Football Club (ACFC) in a deal valuing the club at $250 million.
Why it matters: The deal marks the highest valuation ever for a women's professional sports team.
For the first time since the heady days of 2021, a company has issued a PIK toggle bond — which means if it can't make interest payments in cash, it can instead just give bondholders more bonds.
Why it matters: It's yet another sign of how frothy the credit markets are, despite the Fed's historic effort to tighten credit.
Surprise! Despite all the loud political rhetoric, ESG is still a thing in the dealmaking world.
Why it matters: Even as the practice of Environmental, Social and Governance investing comes under attack by conservatives, it's standard practice for many corporate and private equity leaders to evaluate potential acquisitions along ESG lines.
A global technology race, supercharged by a combative China and daily innovation on the Ukrainian front line, is fostering a fresh crop of companies capable of reshaping the U.S. military-industrial complex.
Why it matters: A flood of investment is fueling theseartificial intelligence, autonomy, cyber and space specialists at a time when weapons-buying orthodoxy is being questioned.
Business travel spending may reach or even top pre-pandemic levels by the end of the year, a new report finds.
Why it matters: Leisure travel bounced back almost immediately after the worst of the COVID-19 pandemic. But business travel — a hugely important revenue source for airlines, hotels and so on — has taken longer to rebound as Zoom replaced some handshake meetings.
Guo Wengui, a self-exiled Chinese billionaire with links to Trump allies, was convicted of racketeering conspiracy and fraud charges in U.S. federal court in New York on Tuesday.
The big picture: Also known as Ho Wan Kwok, Miles Guo and Miles Kwok, he rose to prominence in 2020 when he and ex-Trump adviser Steve Bannon announced plans to overthrow China's government.
Jack Black announced Tuesday that Tenacious D, the actor and musician's comedy-rock band, would be ending its world tour after his bandmate joked on stage about the assassination attempt of former President Trump.
The big picture: Tenacious D's Kyle Gass' quip about Saturday's shooting at a Butler, Pennsylvania, Trump rally that left the Republican nominee bloodied and one rally-goer dead was swiftly condemned online, including by his bandmate and decades-long friend.
Donald Trump is well aware of CEOs' desire to back whoever's likely to win the presidential election — which, right now, means himself.
Driving the news: In a big new interview with Bloomberg Businessweek, Trump declared that "Whoever's leading gets all the support they want. I could have the personality of a shrimp, and everybody would come."
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