A view above Ellesmere Island, Canada, in 2017.

Canada's only ice shelf broke apart due to a hot summer and climate change, the AP reports.

Why it matters: Ice shelves are between hundreds and thousands of years old and bulkier than long-term sea ice. Their disappearance from Canada showcases how the Arctic has warmed faster than the rest of globe.

What they're saying: “There aren’t very many ice shelves around the Arctic anymore,” University of Ottawa glaciology professor Luke Copland told the AP.

  • “It seems we’ve lost pretty much all of them from northern Greenland and the Russian Arctic. There may be a few in a few protected fjords.”

By the numbers: Temperatures in the region have been 9 degrees warmer than the 1980-2010 average from May to early August, Copland said.

The big picture: The shelf, located on the northwestern boundary of Ellesmere Island, broke into two large icebergs that started drifting away. One is the size of Manhattan.

Go deeper: The rising seas global warming has already locked in

Go deeper

Dan Primack, author of Pro Rata
Aug 7, 2020 - Economy & Business

Intercontinental Exchange to buy mortgage software provider Ellie Mae

Illustration: Aïda Amer/Axios

Intercontinental Exchange agreed to buy Ellie Mae, a Pleasanton, Calif.-based provider of mortgage finance software, from Thoma Bravo for $11 billion.

Why it matters: This is the largest acquisition ever for Intercontinental Exchange, as it only spent $8.2 billion to buy the New York Stock Exchange in 2012. It also pushes ICE much further into the mortgage finance market, following smaller deals for MERS (2016) and Simplifile (2019).

Mike Allen, author of AM
1 hour ago - Politics & Policy

Biden pushes unity message in new TV wave

A fresh Joe Biden ad, "New Start," signals an effort by his campaign to make unity a central theme, underscoring a new passage in his stump speech that says he won't be a president just for Democrats but for all Americans.

What he's saying: The ad — which began Friday night, and is a follow-up to "Fresh Start" — draws from a Biden speech earlier in the week in Manitowoc, Wisconsin:

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 6:30 p.m. ET: 32,390,204 — Total deaths: 985,302 — Total recoveries: 22,286,345Map.
  2. U.S.: Total confirmed cases as of 6:30 p.m ET: 7,020,967 — Total deaths: 203,481 — Total recoveries: 2,710,183 — Total tests: 98,476,600Map.
  3. States: "We’re not closing anything going forward": Florida fully lifts COVID restaurant restrictions — Virginia Gov. Ralph Northam tests positive for coronavirus.
  4. Health: Young people accounted for 20% of cases this summer.
  5. Business: Coronavirus has made airports happier places The expiration of Pandemic Unemployment Assistance looms.
  6. Education: Where bringing students back to school is most risky.