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Former PG&E CEO Geisha Williams. Photo: Paul Morigi/Getty Images for Fortune

Geisha Williams' departure from PG&E takes the percentage of Latina Fortune 500 CEOs from 0.2% to 0.0%, equaling the percentage of black female CEOs.

The big picture: With Indra Nooyi stepping down as CEO of PepsiCo in October 2018, the total number of Fortune 500 CEOs who are women of color is now 0.2%. The lone woman leading a Fortune 500 company is Joey Wat of Yum China.

Editor's note: This piece has been corrected to show that the total number of Fortune 500 CEOs who are women of color is 0.2% and that Joey Wat is the CEO of Yum China.

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Democrat Mark Kelly sworn in to U.S. Senate

Photo: Courtney Pedroza/Getty Images

Astronaut Mark Kelly (D) was sworn in to the U.S. Senate on Wednesday after defeating incumbent Sen. Martha McSally (R-Ariz.) last month for the seat once held by the late Sen. John McCain.

Why it matters: Kelly's swearing-in by Vice President Mike Pence narrows the Republican majority and moves the Senate balance to 52-48.

Senate Armed Services chair dismisses Trump threat to veto defense bill

Sen. Jim Inhofe. Photo: Anna Moneymaker/Pool/AFP via Getty Images

Sen. Jim Inhofe (R-Okla.), chair of the Senate Armed Services Committee, told reporters Wednesday that he plans to move ahead with a crucial defense-spending bill without provisions that would eliminate tech industry protections, defying a veto threat from President Trump.

Why it matters: Inhofe's public rebuke signals that the Senate could have enough Republican backing to override a potential veto from Trump, who has demanded that the $740 billion National Defense Authorization Act repeal Section 230 of the Communications Decency Act.

Scoop: Uber in talks to sell air taxi business to Joby

Illustration: Sarah Grillo/Axios

Uber is in advanced talks to sell its Uber Elevate unit to Joby Aviation, Axios has learned from multiple sources. A deal could be announced later this month.

Between the lines: Uber Elevate was formed to develop a network of self-driving air taxis, but to date has been most notable for its annual conference devoted to the nascent industry.