Illustration: Sarah Grillo/Axios

The fight for Europe's food delivery market — between players like Just Eat, Takeaway.com and Prosus — is beginning to look like a trust fall.

Why it matters: Their interactions reflect how many in the on-demand delivery space view consolidation as key to profitability and, in turn, long-term viability. What's now taking place in Europe will soon be exported to the U.S.

What's happening:

  • Takeaway.com says it won't raise its $5.5 billion offer for Just Eat, despite a $6.3 billion unsolicited bid from Prosus, the Dutch conglomerate controlled by Naspers.
  • Takeaway is betting that Just Eat will continue to use a synergy shield to swat away Prosus, as it has done so far, and eventually persuade some dissident shareholders.
  • Prosus, meanwhile, is resting on its bank account. And could even increase its existing bid, to make Takeaway's offer look even smaller.

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Trump commutes Roger Stone's sentence

Roger Stone arriving at his sentencing hearing on Feb. 20. Photo: Drew Angerer/Getty Images

President Trump on Friday evening commuted the sentence of his longtime associate Roger Stone, according to two senior administration officials. Stone in February was sentenced to 40 months in prison for crimes including obstruction, witness tampering and making false statements to Congress.

Why it matters: The controversial move brings an abrupt end to the possibility of Stone spending time behind bars. He had been scheduled to report to prison on July 14.

Updated 9 hours ago - Health

Which states have set single-day coronavirus records this week

Data: COVID Tracking Project and state health department data compiled by Axios; Map: Danielle Alberti and Naema Ahmed/Axios

13 states this week surpassed records set just last week for their highest number of coronavirus infections in a single day, according to the COVID Tracking Project and state health department data. 16 states in total reported new highs.

The big picture: The United States' alarming rise in coronavirus cases isn't just due to increased testing — particularly where the number of cases has grown fastest over the last month, Axios' Andrew Witherspoon and Caitlin Owens report.

Updated 9 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 6:30 p.m. ET: 12,389,660 — Total deaths: 557,279 — Total recoveries — 6,830,596Map.
  2. U.S.: Total confirmed cases as of 6:30 p.m. ET: 3,169,611 — Total deaths: 133,885 — Total recoveries: 983,185 — Total tested: 38,856,341Map.
  3. Public health: The reality of the coronavirus bites.
  4. Trade: Trump says he's no longer considering phase-two trade deal with China because the pandemic damaged the two countries' relationship.
  5. 🎧 Podcast: Rural America has its own coronavirus problem.