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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.

Go deeper

Ina Fried, author of Login
51 mins ago - Technology

Epic's long game against Apple

Illustration: Sarah Grillo/Axios

Epic's Apple lawsuit is costing the company dearly, but the game developer has its eye on a valuable long-term goal: prying tomorrow's virtual worlds loose from the grip of app store proprietors like Apple.

Between the lines: Epic isn't spending a fortune in legal fees and foregoing a ton of revenue just to shave some costs off in-app purchases on today's phones. Rather, it's planning for a future of creating virtual universes via augmented and virtual reality — without having to send a big chunk of their economies to Apple or Google.

Updated 56 mins ago - Health

The race to avoid a possible "monster" COVID variant

Illustration: Rae Cook/Axios

Slow global COVID-19 vaccination rates are raising concerns that worse variants of the coronavirus could be percolating, ready to rip into the world before herd immunity can diminish their impact.

Why it matters: The U.S. aims to at least partially vaccinate 70% of adults by July 4, a move expected to accelerate the current drop of new infections here. But variants are the wild card, and in a global pandemic where only about 8% of all people have received one dose, the virus will continue mutating unabated.

Caitlin Owens, author of Vitals
1 hour ago - Health

Democrats are still looking for a plan on drug prices

Illustration: Rae Cook/Axios

Democrats have no workable plan to tackle the cost of prescription drugs, even with full control of Washington and after campaigning on the issue for years.

The picture: Voters still care about the cost of drugs, but Democrats don't have a feasible legislative strategy yet — or an agreed-upon policy to fit into a legislative strategy.