A health care worker prepares to transport a patient on a stretcher into an ambulance at Life Care Center of Kirkland, Feb. 29, Kirkland, Washington. Photo: David Ryder/Getty Images

Washington Gov. Jay Inslee (D) told a news conference Monday he directed officials to ask the state legislature to designate $100 million from this year's budget to help fight the novel coronavirus.

Why it matters: The state is at the center of the U.S. outbreak. All six of the deaths from COVID-19 in the U.S. have occurred in Washington state. Four of those who died were residents of the Life Care Center in the Seattle suburb of Kirkland in King County. Several of the 18 coronavirus infections in the state are residents of the nursing home.

Go deeper: Americans still have low risk of coronavirus infection, CDC says

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M&A activity falls despite early coronavirus fears

Illustration: Aïda Amer/Axios

In April, several prominent Democrats proposed a moratorium on large mergers and acquisitions. Their argument was that the pandemic would embolden the strong to pounce on the weak, thus reducing competition.

Fast forward: The moratorium never materialized. Nor did the M&A feeding frenzy.

More than 32 million Americans are receiving unemployment benefits

Photo: Jay L. Clendenin / Los Angeles Times via Getty Images

More than 32 million Americans are receiving some form of unemployment benefits, according to data released by the Labor Department on Thursday.

Why it matters: Tens of millions of jobless Americans will soon have a smaller cash cushion — as coronavirus cases surge and certain parts of the country re-enter pandemic lockdowns — barring an extension of the more generous unemployment benefits that are set to expire at the end of the month.

2 hours ago - Sports

Alumni fight to save college sports

Data: Mat Talk Online; Chart: Andrew Witherspoon/Axios

242 collegiate athletic programs have been cut amid the pandemic, altering the careers and lives of thousands of student-athletes.

Yes, but: Some passionate alumni groups have opted to fight, banding together in hopes of saving the programs they helped build and continue to love.