After Rachel Ledbetter earned her clinical psychology degree, reality hit: completing the required clinical supervision hours in a rural area with few providers was going to be nearly impossible.
The challenge: After two years of four hour round trip visits to her supervisor, she knew there had to be a better option.
The solution: Ledbetter's experience isn't unique. For her, the "better way" was building Motivo — a virtual company helping associate-level clinicians and organizations easily access clinical supervision when and where they need it.
Unilever's ice cream unit spinoff is moving forward, but the founders of Ben & Jerry's are hoping to scoop out their namesake brand.
Driving the news: Ben Cohen and Jerry Greenfield, who no longer control or run the Vermont-based business, are asking that Ben & Jerry's be spun out into an independent company owned by investors who share its "founding values" in areas like social justice.
Commerce Secretary Howard Lutnick wants the U.S. government to get a cut of university patent revenue, or even commercial revenue derived from those patents, he tells Axios' Mike Allen on tomorrow's premier episode of "The Axios Show."
Why it matters: This could disrupt the startup ecosystem, particularly in biotech.
Larry Ellison has surpassed Elon Musk as the world's richest person after his stock in Oracle skyrocketed.
Why it matters: The 81-year-old Oracle chairman was No. 2 as of Tuesday, having built his wealth over the course of the last five decades with the rise of his software company.
President Trump on Wednesday demanded the North Carolina man accused of murdering a Ukrainian refugee on a Charlotte train be put to death after a "Quick" trial.
Why it matters: Trump has previously called for the death penalty for all murders in D.C. and Republicans have seized on the Charlotte attack as evidence the president's decision to send the National Guard and federal agents to fight crime in cities is justified.
Poland and NATO forces shot down more than a dozen Russian drones that "repeatedly" violated the Polish airspace late Tuesday and early Wednesday, Polish officials said.
Why it matters: European and NATO leaders condemned the incident as one of the most serious escalations by Moscow since its unprovoked invasion of Ukraine.
"Giftflation," or the rising cost of giving, is showing up in everything from birthdays to the tooth fairy, according to a new survey from retirement planner Empower, exclusively shared with Axios.
Why it matters: This is the latest sign that prices aren't easing the way the Federal Reserve might like.
Lockheed Martin is experiencing "unprecedented demand" for its Patriot interceptors from the U.S. Army, Pentagon and international buyers, according to Jason Reynolds, the vice president and general manager of integrated air and missile defense.
"Everybody," he said, "wants more."
Why it matters: The frenzied market is a sign of the times. Overhead defenses are in the limelight as American, Israeli and Ukrainian troops contend with salvos launched from Yemen, Iran and Russia.
After taking a stake in Intel and a cut of Nvidia's chip sales in China, the U.S. government may next target a share of the money generated by patents developed at major universities using federal funding, Commerce Secretary Howard Lutnicktells Mike Allen in the premiere episode of "The Axios Show."
Why it matters: The Trump administration, which has been pushing deeper into control over — and profit from — the private sector, now aims to do the same in academia, capturing potentially tens or hundreds of billions of dollars in future upside from the work of university scientists.
Holiday sales are projected to rise at a slower pace than last year, signaling more cautious spending, Deloitte said Wednesday in its holiday forecast.
Why it matters: Shoppers are expected to be more deliberate with their dollars with rising costs and trade pressures.
President Trump can't remove Federal Reserve governor Lisa Cook while her lawsuit challenges his attempts to fire her, a federal judge ruled on Tuesday night.
Why it matters: The ruling temporarily settles the question over Cook's status ahead of a critical Fed policy meeting, though the Trump administration has already filed notice that it will appeal the decision.
