A majority of Americans don't want the U.S. to get involved in the escalating war between Israel and Iran, a poll released this week found.
The big picture: President Trump is slated to make a decision "within two weeks" on whether to join Israel in its effort to eliminate the Iranian nuclear program, the White House said Thursday.
Residents of European travel hotspots are rallying against the effects of overtourism for the second consecutive summer.
Why it matters: Protesters say post-COVID tourism booms, which don't show signs of slowing down, are increasing costs and pushing locals out of their neighborhoods and cities.
Costco is rolling out earlier shopping hours for executive members at U.S. warehouses — a subtle but significant shift nearly a year after raising membership fees for the first time since 2017.
Why it matters: The perk is a way to add value to the membership club's top tier and potentially increase the ranks of executive members who make up a higher percentage of sales.
The longtime owners of the Los Angeles Lakers — the Buss family — have agreed to sell the controlling stake of the franchise in a deal that values the franchise at $10 billion, ESPN's Shams Charania first reported.
Why it matters: This would be the most ever paid for a pro sports team, topping the recent Boston Celtics sale agreement, Axios Pro Rata author Dan Primack notes.
President Trump on Thursday signed an executive order to push TikTok's sale deadline for the third time this year.
Why it matters: Trump's repeated delays on the ban have begun to tick off some Senate Republicans, more than a year after a bipartisan law was passed out of serious concerns for the app's threats to national security.
In an era of hyper-personalized feeds and hyper-engaged micro-communities, consumer brands that go niche will break through, Robyn Delmonte, creator and creative director behind GirlBossTown, told Axios at an event alongside Cannes Lions.
Why it matters: The approach bucks decades of conventional wisdom that scale and mass appeal are the fastest route to growth.
Sharp, clear and persuasive communications are no longer optional for investors and founders, M13 co-founder Carter Reum said at an Axios event in Cannes.
Why it matters: In a world where "everything is commoditized," Reum said, differentiation depends not just on what you build, but how you explain it and bring stakeholders along.
For Savage X Fenty, the lingerie line founded by Rihanna, DEI is at the center of all that they do, chief marketing officer Vanessa Wallace said at a recent Axios event in Cannes.
Why it matters: As many brands quietly retreat from diversity, equity and inclusion commitments, Savage X Fenty is leaning in, building its identity and commercial strategy around its brand values.
A SpaceX Starship spacecraft exploded Wednesday night in Texas while preparing for its 10th flight test. All personnel were safe and accounted for, SpaceX said on X.
Why it matters: The vehicle has experienced multiple failures this year, breaking apart during its last three test flights.
Publishers face an existential threat in the AI era and need to take action to make sure they are fairly compensated for their content, Cloudflare CEO Matthew Prince told Axios at an event in Cannes on Thursday.
Why it matters: Search traffic referrals have plummeted as people increasingly rely on AI summaries to answer their queries, forcing many publishers to reevaluate their business models.
Major sports events benefit media companies beyond the main rights holders, executives from Fox-owned Tubi and Roku Media told Axios at an event in Cannes on Wednesday.
Why it matters: The value of sports rights have soared as media companies bid for assets they hope will retain audiences in a competitive landscape.
Online learners are turning to Substack communities, Zoom classes or even AI chatbots that can generate personalized syllabi.
The big picture: We're seeing the rise of AI doing the critical thinking for us, despite its often generic output. Plus, we know learning new things is one of the most effective tools we have to stave off dementia in an aging population.
