Axios

Fast-food chains are rushing to pull raw onions from their meals this week as part of a still-expanding E. coli outbreak tied to McDonald's Quarter Pounders.

Why it matters: McDonald's and others are in the midst of trying to win back customers. They can't afford another reason for diners to pass them over.

Former Abercrombie & Fitch CEO Mike Jeffries pleaded not guilty on Friday to 16 counts of sex trafficking and international prostitution in Central Islip, New York, multiple outlets reported.

The big picture: Jeffries and two other men were arrested earlier this week for allegedly running a trafficking operation from 2008 to 2015 that coerced young men. Those arrested spent millions to support and cover it up, the indictment said.

Yum! Brands confirmed to Axios that it has removed fresh onions from select Taco Bell, KFC and Pizza Hut restaurants as it monitors a multistate E. coli outbreak.

Why it matters: The company said the move was "out of an abundance of caution" and done proactively.

A second cybersecurity company has detected a fake IT worker trying to infiltrate its ranks — but this time, the job applicant wasn't from North Korea.

Why it matters: Officials have been focused on the threat North Korea-based IT workers pose to U.S. companies.

About the caregivers: The featured caregivers are paid collaborators of Otsuka who have shared their stories as a part of Otsuka's Still Here conversation series, to shine a light on the caregiver experience.

Family caregivers for loved ones with Alzheimer's and dementia could earn a six-figure salary if paid for their daily services, according to a new study from Salary.com sponsored by Otsuka.

The inflation shock is over. The sense of crisis it triggered still haunts global policymakers.

Why it matters: That was the underlying tone of conversations on the sidelines of the annual meetings of the International Monetary Fund and World Bank this week.

Scout Motors, Volkswagen's new electric off-road vehicle brand, said its first models will be available with a backup gasoline generator — an acknowledgment of many Americans' anxiety about going fully electric.

Why it matters: As a bit of a latecomer to the EV market, Scout has the advantage of learning from the mistakes of other companies that made big bets on electrification, only to walk back their EV ambitions amid slower-than-expected sales.

The stark disparity between how prediction markets and political analysts view the 2024 presidential election is casting a spotlight on an increasingly influential but still poorly understood force in politics: betting.

Why it matters: Prediction markets — like Kalshi, PredictIt and Polymarket — give Donald Trump a much better shot to win the U.S. presidency, leading some observers to suggest that if Kamala Harris prevails, it will represent a failure of the market's predictive power.