Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Axios on your phone

Get breaking news and scoops on the go with the Axios app.

Download for free.

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Photo: Whitney Curtis/Bloomberg via Getty Images

Anheuser-Busch announced Wednesday it is partnering with the White House to offer its "biggest beer giveaway ever" if the U.S. reaches President Biden's goal of having 70% of adults partially vaccinated by July 4.

Why it matters: The campaign to "buy America’s next round of beer" comes as states, businesses and employers have sought creative ways to get shots in arms, as vaccination rates have dropped since April.

  • About 63% of adults have gotten their first dose, and about half the country has been fully inoculated, according to CDC data.

How it works: Interested applicants over the age of 21 "will simply upload a picture of themselves in their favorite place to grab a beer" to MyCooler.com/Beer to enter to get a $5 digital pre-paid card that can be used to purchase their free drink. The giveaway is limited to the first 200,000 people.

  • “[N]ow that we are at this pivotal moment where people are excited to be together again, it only makes sense that we would unite our full portfolio and take this action to encourage people to get vaccinated," said Anheuser-Busch chief marketing officer Marcel Marcondes in a news release.

The big picture: States and cities are offering incentives, like lottery-style cash giveaways, as part of their efforts to boost vaccination rates. Employers have offered bonuses and time off to workers, which the federal government recently declared is legally permissible.

Go deeper:

Go deeper

Jun 1, 2021 - Health

Abbott's stock falls after company forecasts fewer COVID tests

Photo: Daniel Acker/Bloomberg via Getty Images

Abbott on Tuesday cut its profit guidance for the rest of this year after the medical device and diagnostics company projected lower demand for its coronavirus tests. Abbott's stock plunged 9%.

The big picture: COVID-19 cases have dropped heavily in the U.S. and other high-income countries due to mass vaccination campaigns. That's good for society, but now means less money for Abbott and other test makers that have profited from the pandemic's testing.

Jun 1, 2021 - Health

WHO approves China's Sinovac COVID vaccine for emergency use

A healthcare worker administers a dose of Sinovac's vaccine to an elderly man at a mall theatre converted into a vaccination center in San Juan, Metro Manila, Philippines. Photo: Ezra Acayan via Getty Images

The World Health Organization said Tuesday it has approved the Sinovac COVID-19 vaccine for emergency use for adults over 18, making it the second Chinese-developed shot given the green light.

Why it matters: The approval will allow Sinovac to join COVAX and distribute its vaccines to developing countries. The global vaccine distribution initiative currently faces "major supply problems" due to restrictions on Indian exports, Reuters reports.