Calorie counts on Chipotle's menu board. Photo: Roberto Machado Noa/LightRocket via Getty Images

Today is the deadline by which large chain restaurants — those with more than 20 locations — must display calorie counts on their menus or menu boards.

The context: It's a product of the Affordable Care Act, but the Trump administration has had to handle some of the implementation, thanks to lawsuits from the food industry.

  • Many large restaurant chains have already made this change, but a few have held out.
  • "Surveys show consumers overwhelmingly want this information. And many use it to improve their diets and health," Food and Drug Administration Commissioner Scott Gottlieb said in a statement last week.

Yes, but: "Menu labeling may be taking our eye off the ball. By offering us what seems to be a solution, it may prevent us from trying other things that might work better," Indiana University professor Aaron Carroll wrote in the New York Times in 2015.

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Uber to buy Postmates in $2.65 billion deal

Illustration: Sarah Grillo/Axios

Uber has agreed to acquire food delivery company Postmates for $2.65 billion in an all-stock deal, the companies announced Monday.

Why it matters: This is the latest merger for the food delivery space as the sector undergoes an ongoing market consolidation.

Analysts expect soaring stock market despite slashed earnings forecasts

Data: FactSet; Chart: Axios Visuals

Despite cutting expectations for companies' earnings by the most in history and revenue by the most since 2009, Wall Street analysts are getting increasingly bullish on the overall direction of the U.S. stock market.

What's happening: Equity analysts are expecting earnings in the second quarter to fall by 43.8% — the most since 2008's fourth quarter 69.1% decline.

Case growth outpacing testing in coronavirus hotspots

Data: The COVID Tracking Project. Note: Vermont and Hawaii were not included because they have fewer than 20 cases per day. Chart: Andrew Witherspoon/Axios

The United States' alarming rise in coronavirus cases isn't due to increased testing — particularly not where cases have grown fastest over the last month.

Why it matters: The U.S. doesn't yet know what it looks like when a pandemic rages on relatively unchecked after the health system has become overwhelmed. It may be about to find out.