The bags of money pouring in from crypto types to Bernie Moreno's Ohio Senate bid will eventually make the race look more like the top of the ticket, where fellow Republican Donald Trump is polling much stronger in the Buckeye State, Moreno says.
Why it matters: Ohio represents one of Republicans' best chances to flip a Democratically held seat, and the race is on track to be the nation's most expensive congressional contest this cycle.
Boeing is reportedly weighing a plan to raise at least $10 billion through a stock sale.
Why it matters: The possible fundraising move comes amid a fitful year for Boeing marked by a quality crisis, a CEO shake-up and now a crippling strike.
Zoom in: The jet maker may sell shares to "replenish cash reserves depleted further" by the work stoppage, Bloomberg reported today.
It wouldn't happen until after the 18-day strike is over so that the company has a better sense of the financial wreckage it's facing.
What they're saying: Boeing declined to comment to Axios, but CFO Brian West said Sept. 13, "We're constantly evaluating our capital structure and liquidity levels to ensure that we could satisfy our debt maturities over the next 18 months while keeping confidence in our credit rating as investment-grade."
Now you can buy a watch once owned by Tom Brady, the football legend who nearly conquered Father Time during his 23-year NFL career.
State of play: Sotheby's announced today that it will auction off Brady's watch collection and a variety of other items from the seven-time Super Bowl champion.
The "GOAT Collection" includes Patek Philippe, Rolex and IWC watches, plus game-worn jerseys from the University of Michigan, New England Patriots and Tampa Bay Buccaneers.
Zoom in: The 27 watches and 20 sports items are collectively expected to fetch anywhere from $6 million to $11 million, according to Bloomberg.
The era of powerful pharmacy chains dominating the American drug landscape is fading.
Why it matters: CVS, Walgreens and Rite Aid long held a tight grip over prescription fulfillment, but they're losing their footing to a multitude of competitors, including mail-in options, online pharmacies and big-box stores.
Sean "Diddy" Combs is facing an exponentially growing number of sexual assault allegations after a Texas-based attorney announced 120 accusers have come forward.
The big picture: The music mogul was charged last month with racketeering conspiracy, sex trafficking and transportation to engage in prostitution.
Veteran newspaper banker and media operator James McDonald has launched a new company to consolidate hyper-local and regional news sites across Philadelphia and the Jersey Shore.
Why it matters: Hyper-local news has been heavily impacted by the fall of newspapers. McDonald thinks there's a viable business model for hyper-local sites if they're tied to coverage from a broader region or city.
The politicization of fact-checking has contributed to a decline in the number of fact-checking sites globally, according to data from Duke Reporters' Lab.
Why it matters: Attempts to undermine fact-checkers and fears of bias are forcing news organizations to rethink the way they present fact checks, especially during real-time events.
The number of assaults on U.S. journalists has soared more than 50% so far in 2024 compared to all of 2023, according to a new report from the Committee to Protect Journalists.
Why it matters: The vast majority of the 68 assaults documented this year have occurred at the local level during Israel-Gaza war protests.
Old-fashioned legacy media — especially radio — have become a vital information lifeline in the chaotic aftermath of Hurricane Helene.
Why it matters: Power outages, lost cell signals and hundreds of road closures have stifled on-the-ground reporting, giving way to falsehoods that can spread quickly online — and creating an urgent need to correct them.
CVS Health is weighing various strategic options, including a possible breakup of the company, as first reported by Reuters.
Why it matters: CVS is America's largest pharmacy operator and one of its top health care companies, but is being hammered by increased costs at its Aetna insurance unit.
A Georgia county issued a new shelter-in-place order, as a lingering haze from a chemical plant fire that ignited Sunday continued to affect thousands of residents.
The latest: Rockdale County officials advised residents in an update Tuesday to shelter in place "if the plume moves over your vicinity or if there is a strong odor of chlorine."
Americans have never been wealthier. That's thanks in large part to the way in which they jumped feet-first into the stock market as soon as the pandemic hit.
Why it matters: Retail investors, it turns out, didn't panic when confronted with market volatility, as they were in March 2020.
Hospital mergers and acquisitions have left nearly half of the metropolitan areas in the U.S. with just one or two health systems controlling all inpatient care, according to a new KFF study.
Why it matters: Hospital consolidation is seen as a big driver of rising health costs and has become a prominent focus of Congress and antitrust regulators.
Thousands of unionized dockworkers at 14 major ports stretching from Maine to Texas went on strike just after midnight Tuesday, after failing to come to terms on a new labor contract.
Why it matters: A work stoppage that lasts more than a few days will snarl supply chains, raising the prospect of higher prices and shortages of everything from auto parts to bananas as the U.S. heads into the holidays — and a presidential election.
Mules are helping deliver aid to residents in North Carolina as they grapple with the fallout from the destructive Hurricane Helene.
The big picture: Five Southeastern states are responding to widespread devastation caused from the hurricane that made landfall in Florida as a Category 4 storm last week, withthe death toll surpassing 130.
