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IBM

IBM CEO Ginni Rometty is among the tech leaders meeting Friday with President Trump and German Chancellor Angela Merkel, Axios has learned. They'll discuss worker training. And IBM will announce plans to:

  • Open 20 more of its P-TECH schools, which let students get a combined high school degree and associate degree in science and technology in as little as four and a half years. There are already 62 of the schools in six U.S. states and Australia. The 20 new schools are all slated to be in the U.S.
  • Hire 2,000 U.S. military veterans over the next four years and expand a program that trains and certifies veterans in the use of the type of IBM software often used by law enforcement, cybersecurity and national security agencies.

Why it matters: Rometty has been on Trump's business advisory committee, defending her engagement with Trump as the best way for the company to advance its positions. Announcing plans to hire veterans could generate further approval from a president eager to show he is creating U.S. jobs.

Go deeper

Erica Pandey, author of @Work
24 mins ago - Economy & Business

The wealthy exodus from superstar cities

Pandemic-induced remote work is chipping away at a recent trend of Americans staying put — but only for the well-off.

Why it matters: Telework has been lauded as a geographic equalizer, allowing talented people from all over the country to go for jobs in superstar coastal metros. But the benefits have largely been limited to wealthier workers — so far.

Updated 3 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

  1. Health: The end of quarantine — CDC updates guidance on airborne COVID-19.
  2. Politics: Oklahoma secures $2.6 million refund for hydroxychloroquine purchase — Why Biden's latest vaccine goal is his hardest yet.
  3. Vaccines: Pfizer begins application for full FDA approval of COVID-19 vaccine — Moderna says its COVID booster shot shows promise against variants.
  4. Economy: U.S. adds just 266,000 jobs in April, far below expectations.
  5. World: Asia faces massive new COVID surge.
  6. Variant tracker: Where different strains are spreading.
3 hours ago - Health

States request fewer coronavirus vaccines as demand plummets

A pharmacy student preparing a coronavirus vaccine in Angeles, California, on May 7. Photo: Frederic Brown/AFP via Getty Images

States are requesting fewer doses of the coronavirus vaccine as demand for the shots plummets, according to AP.

Why it matters: Over half of all American adults have now gotten at least one shot of a vaccine, and 42% of adults are fully vaccinated. But administering more vaccines may become more difficult because adults who are enthusiastic about getting vaccinated have likely already received at least one dose.