Nov 15, 2018

2. Dominic Raab resigns as Theresa May's Brexit Secretary

Dominic Raab. Photo: Alberto Pezzali/NurPhoto via Getty Images

Dominic Raab, British Prime Minister Theresa May's Brexit Secretary, resigned Thursday — the morning after May's Cabinet approved a draft agreement for Brexit.

Why it matters: Raab is the second Brexit secretary that May has lost over her plans for the United Kingdom's exit from the European Union, and his departure is almost certain to kick off even more Cabinet resignations. While it's been forecasted for months, it seems likely that now is the time that Brexiteers in May's Conservative Party may finally make a move against her premiership.

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Coronavirus kills 2 Diamond Princess passengers and South Korea sees first death

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. U.S. numbers include Americans extracted from Princess Cruise ship.

Two elderly Diamond Princess passengers have been killed by the novel coronavirus — the first deaths confirmed among the more than 600 infected aboard the cruise ship. South Korea also announced its first death Thursday.

The big picture: COVID-19 has now killed more than 2,200 people and infected over 75,465 others, mostly in mainland China, where the National Health Commission announced 118 new deaths since Thursday.

Go deeperArrowUpdated 5 hours ago - Health

SoftBank to cut its stake to get T-Mobile's Sprint deal done

Illustration: Rebecca Zisser/Axios

T-Mobile and Sprint announced a revised merger agreement that will see SoftBank getting a smaller share of the combined company, while most shareholders will receive the previously agreed upon exchange rate. The companies said they hope to get the deal as early as April 1.

Why it matters: The amended deal reflects the decline in Sprint's business, while leaving most shareholders' stake intact and removing another hurdle to the deal's closure.