A judge on Monday rejected the Associated Press' emergency motion to rescind the White House ban against its access to some press events, as he sought more details on the circumstances surrounding the case.
Why it matters: It's a win for the White House — at least for now — as they seek to restrict the AP's access, following the news organization's decision to use Gulf of Mexico rather than Gulf of America.
Stellantis is calling its upcoming Ram 1500 extended-range Ramcharger the Goldilocks of pickup trucks — an electric truck with a backup gas-powered generator good for nearly 700 miles of worry-free driving.
Why it matters: Extended-range EVs, already popular in China, are a bridge technology for consumers who aren't ready to commit to a fully-electric vehicle whether because of cost, charging access or other concerns.
Cryptocurrency exchange OKX pled guilty in federal court to failing to prevent criminals from using its services, agreeing to pay $504 million in penalties.
Why it matters: It's a sign that, despite a friendlier stance toward the crypto industry from the new administration, the government is not quite done cracking down on companies that have violated the law.
Elizabeth Holmes, the founder of failed blood-testing startup Theranos, must complete her 11-year prison sentence, after a U.S. appeals court on Monday upheld her conviction for defrauding investors.
The big picture: This was always a long-shot appeal, with Holmes' attorneys arguing that trial judge had made errors.
Denny's is temporarily adding an egg surcharge at some of its restaurants because of the nationwide egg shortage and increased prices, the chain confirmed to Axios Monday.
Why it matters: The bird flu has ravaged the nation's supply of eggs, leading to shortages and higher prices at grocery stores and restaurants.
Bankrupt arts and crafts retailer Joann will close all of its stores, after its restructuring plans faltered and a liquidator agreed to buy its assets.
Why it matters: Joann had about 800 stores and 19,000 employees when it filed for Chapter 11 bankruptcy protection in January, including 15,600 part-time workers.
It's been 16 months since H.I.G. Capital and Audax Group sued each other, in a case that could pierce a "corporate veil" that private equity uses to shield itself from liability.
The big picture: Settlement talks remain possible, given that a trial wouldn't likely commence until 2026, but each side appears to be getting more entrenched.
Prosus on Monday announced an agreement to buy food delivery company Just Eat Takeaway for €4.1 billion in cash.
Why it matters: This would make Prosus the world's fourth-largest food delivery company, per ING analysts, even though no one has ever opened a "Prosus" app to get their burrito.
Lester Holt is stepping down as anchor of NBC News' "Nightly News" after a decade, he told staffers in a memo obtained by Axios on Monday. He will continue to work for NBC News in a new, expanded anchor role at the network's crime news drama show "Dateline."
Why it matters: Holt, 65, is one of the most well-known and most-watched news anchors in the industry.
The war for AI dominance is playing out on a global stage, sparking a heated debate about technological supremacy versus national ideology.
Why it matters: As U.S. companies, including Scale AI, ply their wares to foreign governments and corporations, they're increasingly aware that being American is no longer necessarily an absolute advantage.
Who's going to be left holding the $400 billion bag? That's the ultimate question that undergirds the debate over the future of the post office.
Why it matters: The U.S. Postal Service suffers under a system of pension obligations that is seen at no private company and in no other government department.
Conservative commentator Dan Bongino was named deputy FBI director, President Trump announced on Sunday night.
The big picture: The "Dan Bongino Show" podcast host will serve in the role that doesn't require Senate confirmation under newly confirmed FBI director Kash Patel, a fellow Trump loyalist.
Elon Musk singled out a Defense Department official who criticized an Office of Personnel Management email demanding workers account for their work, as he escalates DOGE's efforts to overhaul the federal government.
The big picture: Musk said on X, "Anyone with the attitude of that Pentagon official needs to look for a new job."
