Major businesses are pausing donations to politicians in light of Wednesday's deadly siege of the U.S. Capitol.
Driving the news: Marriott will pause donations from its PAC to "who voted against certification of the election,” a company spokesperson confirmed on Sunday. Citigroup meanwhile will pause all donations from its PAC for the rest of the quarter, according to a company memo obtained by Axios.
Coinbase’s upcoming public listing will be a watershed moment for a cryptocurrency industry longing for legitimacy.
Why it matters: As the first major crypto exchange to go public — and one of the industry's few blue chip companies — industry insiders believe the float will double as validation for a technology that's still seen by many as lawless and experimental.
The labor market recovery came to a screeching halt in December, and the few data points that look promising for some of the most vulnerable working Americans are actually deeply troubling upon further inspection.
Driving the news: The recovery was interrupted as the coronavirus raged and the government was slow to move on fiscal support.
After several lawmakers were hassled in airports, federal authorities on Saturday increased security for members of Congress when they travel to and from Washington through the inauguration, according to an internal memo obtained by Axios.
Why it matters: The unusual new safety measures reflect the increased incidents of angry Americans confronting lawmakers, and the hostile aftermath of Wednesday's siege of the U.S. Capitol.
The Federal Aviation Administration said Saturday that the agency will "pursue strong enforcement action against anyone who endangers the safety of a flight," after unruly behavior took place on several flights to and from the Washington, D.C. area this week.
Driving the news: American Airlines is investigating an unruly and frightening episode on a flight to D.C., the night before a pro-Trump mob stormed the U.S. Capitol. Alaska Airlines said it had banned 14 passengers after a rowdy flight from an airport near Washington, D.C., to Seattle on Thursday, per Bloomberg.
General Motors is changing its corporate logo and launching an electric vehicle marketing campaign to reshape its image as clean-vehicle company, AP auto writer Tom Krisher reports.
Why it matters: The campaign comes as stock market investors are enthralled with companies that make electric vehicles.