The FDA said Monday it still thinks Taylor Farms lettuce is likely behind a Cyclospora outbreak, even after pulling back earlier test results linking the produce to the parasite.
Why it matters: Tracking the source of the diarrhea-causing illness presents a steep challenge for health officials and suppliers, while news of a false positive risks confusing consumers about which recalled products to avoid.
Hugging Face, a platform that hosts AI models and datasets, says an AI agent framework was behind a recent breach of some of its internal databases and service credentials.
Why it matters: The breach appears to be one of the first documented cases of an AI agent driving a cyberattack — marking a shift from AI-assisted hacking to AI-led operations.
Blackstone-backed Jersey Mike's Subs said on Monday that it plans to sell 13.8 million shares in an IPO priced between $21 to $25 apiece, giving it a market cap of between $6.7 billion to $7.8 billion.
Why it's the BFD: There's hope that if the public market digests the offering well a feast of restaurant IPOs could follow.
AMC Entertainment shares soared Monday after a blockbuster showing for "The Odyssey" and a strong earnings report signaled that the movies have completed a journey of their own — back from the brink.
A federal judge has paused Paramount Skydance's takeover of Warner Bros. Discovery in response to a lawsuit last week from a dozen state attorneys general looking to block the deal on antitrust grounds.
Why it matters: The delay represents the most significant legal challenge related to the merger globally to date.
Marvel used the first trailer for "Avengers: Doomsday" on Monday to fully unveil Disney's new premium-screen brand, "Infinity Vision."
Why it matters: Disney is rebranding existing premium theaters as a unique experience to generate buzz and garner lucrative ticket sales since "Doomsday" won't debut on IMAX screens.
Colossal, the de-extinction company seeking to recreate the dire wolf and wooly mammoth, is in talks to raise new money at a valuation of at least $20 billion, Axios has learned.
A new 106,054-square-foot mix of retail, dining and service tenants is coming to Durbin Park this fall.
The plan: The Berkeley at Durbin Park will act as a new grocery-anchored retail center, serving one of Northeast Florida's fastest-growing communities.
Regency Centers will develop and own the site in the Durbin Park area of St. Johns County, Florida.
Nvidia-backed AI startup Harmonic is partnering with the American Institute of Mathematics on a new evaluation process designed by mathematicians, the startup told Axios exclusively.
Why it matters: AI companies often use benchmark scores to show that their models are improving. The partnership reflects a growing push to give domain experts more say in how that progress is measured.
No, we're not talking about Social Security. "Generational" is how some analysts describe the current transfer of money from hyperscalers to chipmakers.
Why it matters: The chip stock boom that preceded the current malaise was based on that simple reality, which is reflected in the above chart.
In short, the massive investments that hyperscalers are making in "compute" are pumping cash into the coffers of the companies that make the products they need — computer chips foremost among them.
China can make things cheaper and faster than America — and it's eating the U.S. biotech industry alive right now.
Why it matters: China, almost overnight, is dominating new drug discovery.
This stunning stat captures the speed and size: Chinese assets make up two-thirds of industry deal value this year, up from 42% in 2025 — and just 5% five years ago.
🤬 The Hate Election: Trump and Republicans privately fear a bloodbath in November. One thing can prevent it: getting swing voters to fear and hate Democrats.
"It's going to be a hate election," a Republican tied to President Trump's political operation told Axios' Marc Caputo. "Voters have to hate the Dems more than they hate us. And we have material to work with."
That explains Trump's new obsession with socialism, communism and China election meddling. It's going to get even uglier than you think.
I've experienced it myself and heard it from dozens of you: We're stuck in AI's messiest middle.
Why it matters: Yes, AI is more powerful than anyone thought possible two years ago. Yes, it does SOME things, like coding, magically well. Yes, it shows PROMISE to soon train and improve the next generation of itself.
But right now, it's more expensive, faster-changing, harder to connect and harder to justify than hoped. Put simply, it's messy and costly.
Data: TicketData.com; Chart: Brad Jennings/Axios. Note: Excludes championship final and third-place match.
Even the "cheap seats" at most World Cup games were expensive, with last-minute prices reaching thousands of dollars for some matches.
The big picture: Get-in prices ranged from just over $300 for a group-stage match in Atlanta to nearly $7,500 for Sunday's final in East Rutherford, N.J.
