Jun 27, 2019 - Health

Elizabeth Warren: "I'm with Bernie on Medicare for All"

Sen. Elizabeth Warren and New York Mayor Bill de Blasio were the only candidates on the Democratic debate stage who said they would eliminate private insurance.

Our thought bubble from Axios' Caitlin Owens: "There's now no confusion as to whether these 10 candidates would support abolishing private insurance, whereas some had been wishy washy about it before."

What they're saying on getting rid of private insurance:

Beto O'Rourke: “No. I think the choice is fundamental."
Be Blasio: “Private insurance is not working. ... How do you defend a system that’s not working?”
Warren: “What they're telling you is that they just won’t fight for it."

Go deeper: Even Democrats prefer more moderate "Medicare for All"

Go deeper

Jeff Tracy

10 mins ago - Economy & Business

BodyArmor takes aim at Gatorade's sports drink dominance

Illustration: Eniola Odetunde/Axios

BodyArmor is making noise in the sports drink market, announcing seven new athlete partnerships last week, including Christian McCaffrey, Sabrina Ionescu and Ronald Acuña Jr.

Why it matters: It wants to market itself as a worthy challenger to the throne that Gatorade has occupied for nearly six decades.

Go deeper (2 min. read)

Dion Rabouin

40 mins ago - Economy & Business

S&P 500's historic rebound leaves investors divided on future

Data: Money.net; Chart: Axios Visuals

The S&P 500 nearly closed at an all-time high on Wednesday and remains poised to go from peak to trough to peak in less than half a year.

By the numbers: Since hitting its low on March 23, the S&P has risen about 50%, with more than 40 of its members doubling, according to Bloomberg. The $12 trillion dollars of share value that vanished in late March has almost completely returned.

Go deeper (1 min. read)

Sara Fischer

2 hours ago - Economy & Business

Newsrooms abandoned as pandemic drags on

Illustration: Sarah Grillo/Axios

Facing enormous financial pressure and uncertainty around reopenings, media companies are giving up on their years-long building leases for more permanent work-from-home structures. Others are letting employees work remotely for the foreseeable future.

Why it matters: Real estate is often the most expensive asset that media companies own. And for companies that don't own their space, it's often the biggest expense.