Photo: Zhang Peng/LightRocket via Getty Images

A new Morningstar note explores three reasons why they see U.S. power demand rising through at least 2030: new demand from growing marijuana, charging electric cars, and powering data centers.

Why it matters: The note shows how the power grid is facing new challenges even as the overall energy efficiency of the economy grows — and how some utilities can benefit from new markets for their energy.

  • The analysts note sees those three sectors growing to reach 6% of total U.S. power demand by 2030.

Threat level: "The most successful utilities must attract these industries by investing in grid expansion, smart networks, safety, reliability, and renewable energy during the next decade," it states.

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29 mins ago - Health

Pelosi: Birx "enabled" Trump on coronavirus misinformation

House Speaker Nancy Pelosi told CNN on Monday she does not have confidence in White House coronavirus task force coordinator Deborah Birx because "she has enabled" President Trump to spread coronavirus misinformation.

What she's saying: "I don't have confidence in anyone who stands there while the president says, 'Swallow Lysol and it's going to cure your virus,'" Pelosi told host Jim Scuitto.

36 mins ago - Technology

Google launches $349 Pixel 4a

Google

Google on Monday launched its long-expected Pixel 4a, a $349 device that brings key features of the company's flagship smartphone to a more affordable price point.

Why it matters: Google saw surprisingly strong demand for last year's "a" model and having a broader range of products allows the company to reach more parts of the market.

A wild weekend for Microsoft's play for TikTok

Illustration: Aïda Amer/Axios

While its Big Tech rivals were testifying in front of a congressional antitrust committee last week, Microsoft was negotiating what could be the largest — and most politically perilous — tech acquisition of 2020.

The state of play: The hullabaloo surrounding Microsoft picking up TikTok has undergone a flurry of twists and turns over the weekend, as both the White House and the tech giant reacted in real time.