In-person service at bars and nightclubs throughout Colorado will halt again this week, the state's public health department announced on Tuesday.
The big picture: The state's decision comes as Nevada, Idaho, Oregon, Washington state and New Mexico pause their reopenings, per the New York Times. Bars and clubs were reopened in the state only a week and a half ago, the Denver Post reports.
Protests in the aftermath of George Floyd's death have started conversations about racism in workplaces across America and prompted companies to bring in educators and experts to lead trainings.
Yes, but: These trainings often fail to bring about the necessary transformation.
As the pandemic erases millions of jobs and transforms millions more, Microsoft is aiming to provide free digital skills training to 25 million people around the globe this year.
Why it matters: Around half the U.S. population is currently out of work, and the unemployment numbers are similarly high in other countries.
Discord on Tuesday raised $100 million from venture capitalists at a $3.5 billion valuation, reflecting how far the popular chat app has come since being used as an organizing tool for white nationalists in Charlottesville.
Axios Re:Cap speaks with Discord co-founder and CEO Jason Citron about his company's pivot, user safety and what comes next.
Treasury Secretary Steven Mnuchin said at a congressional hearing on Tuesday that the $134 billion in leftover funds from the Paycheck Protection Program (PPP) should be repurposed and extended to businesses that have suffered the most during the coronavirus pandemic, including "restaurants and hotels."
Why it matters: Today is the last day small businesses can apply for loans via the PPP, as coronavirus cases spike and some states are pausing or rolling back reopening plans. The prospects for small businesses, many of which have already seen significant revenue drops, are devastating.
The venture capital firms that have best responded to widespread conversations about systemic racism have focused on their own hiring and funding standards and not public praise, Precursor Ventures Managing Partner Charles Hudson said at an Axios event virtual Tuesday.
The big picture: Hudson said some firms have reached out to him for advice on how to provide funding to a more diverse set of recipients. Progress will only come once those firms conduct rigid re-examinations of processes for hiring, retention and how they determine who gets funding, Hudson said.
The U.S. Agency for Global Media (USAGM) announced Tuesday the five individuals who will serve as the heads of the agency's two federal organizations and three public service broadcasting networks on an interim basis.
Why it matters: The former leaders of the organizations were dismissed by USAGM's new CEO and Trump appointee Michael Pack. The dismissals and restructuring of the organization have caused concern among Democrats that the Trump administration intends to use the agency as a "political arm" of the administration.
Research shows that diverse fund managers in venture capital firms can lead to better results, Cleo Capital Managing Director Sarah Kunst said at an Axios virtual event on Tuesday.
What she's saying: Diversity can come in various forms, Kunst said, but racial and ethnic diversity are especially proven to "drive diverse opinions and insights which yield better results."
Every state in the South had at least one county without a newspaper, according to new research from Penelope Muse Abernathy at the Hussman School of Journalism and Media at the University of North Carolina at Chapel Hill.
Facebook is rolling out a new function Tuesday which will allow people who work at news organizations to voluntarily register as a journalist on Facebook in order to receive access to benefits, tools and get stronger security features.
Why it matters: Journalists have become a primary target of foreign influence operations, who often use social media cyber attacks to hack accounts, harass journalists or steal their identities.
The New York Times made headlines Monday when it said it would stop circulating articles on Apple News, because it "does not align with our strategy to fund quality journalism by building direct relationships with paying readers."
Why it matters: The move is forcing industry insiders to consider whether the Times/Apple split will serve as a catalyst for other publishers, especially those reliant on subscription revenue, to break with platforms that don't directly help them recruit paying subscribers or offer enough ad revenue.
Beginning today, Facebook will be updating the way news stories are ranked in its News Feed to prioritize original reporting, executives tell Axios. It will also demote stories that aren't transparent about who has written them.
Why it matters: The tech giant has long been criticized for not doing enough to elevate quality news over hyper-partisan noise. Now, it's trying to get ahead of that narrative as the 2020 election inches closer.
The percentage of Americans who are employed sits at just over 50%, according to the Bureau of Labor Statistics' employment-population ratio. The figure plunged to 51.3% in April (the lowest level on record) and edged up to 52.8% in May.
The backdrop: The ratio was as high as 61.2% in January, but has fallen precipitously since coronavirus-induced lockdowns shuttered businesses across the United States.
A new study from Redfin finds that 44% of Black families owned their own home as of the first quarter of this year compared to 73.7% of white families.
Between the lines: Many have suggested that a key to closing the racial wealth gap between Black and white Americans is to encourage more Black families to own homes, but data shows that would be woefully insufficient.
Netflix has pledged to allocate about 2% of the $5 billion it holds in cash — some $100 million — to "financial institutions and organizations that directly support Black communities in the United States," the company announced today.
Why it matters: U.S. corporations are sitting on trillions of dollars of cash, which is earning them effectively no interest. Aaron Mitchell, a recruiter at Netflix, had the idea that some of that cash could be deposited at Black-owned banks, where it would be reinvested into Black communities.
After seeing another record high number of hospitalizations Monday, Arizona Gov. Doug Ducey ordered bars, movie theaters, gyms and water parks to shut down for at least 30 days in a move that followed similar orders from governors in California, Texas and Florida in recent days.
Why it matters: Large swaths of the U.S. economy again are having to shut down in an attempt to contain the coronavirus pandemic, threatening to reverse the economic progress of the past month and worsen the recession.
With coronavirus cases spiking and no end in sight, schools and day care centers may not fully reopen in the fall, triggering a massive child care crisis for millions of American workers.
The big picture: For months, America's parents have been juggling work, homeschooling and child care — doing whatever they can until the post-pandemic return to normalcy. But now, what seemed like a temporary predicament is turning into an ongoing ordeal.
