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Paul Sancya / AP

Lyft's newest pitch: carpooling

Company co-founder and president John Zimmer penned a blog post arguing for infrastructure that would encourage carpooling as a way of solving traffic in the U.S.

Between the lines: It's not too hard to see that Zimmer's pitch is a direct ad for Lyft Line, his company's carpooling service.

  • Case in point: He suggests that smart carpool lanes be free for cars with three or more passengers—exactly the minimum of people in a car when two riders are matched.

Our take: While advocating for modern infrastructure is a great idea, Zimmer's blog post seems to imply that the U.S. has never attempted to incentivize carpooling. Carpool lanes have existed in the U.S. for more than four decades. What's more, mass transit, such as buses, is often applauded for helping take cars off the road and make transportation more efficient.

Theranos fails yet another inspection

The Silicon Valley blood-testing company reportedly failed a regulatory inspection of its Arizona lab in September, according to the Wall Street Journal. This was the second major lab inspection the company has failed.

In hindsight: CMS concluded on Sept. 29 that Theranos' lab was deficient, just days before the company announced it would be getting out of the lab business altogether to focus on building and selling testing equipment to other clinics. Of course, Theranos made no mention of the failed inspection when it announced its new business direction.

Now what? Since the first report from the Journal in Oct. 2015, Theranos has unraveled—voiding test results, federal investigations, a ban on its CEO from running a lab for two years. While the company could potentially find success with its new business model, its reputation might be too tarnished. Today, Theranos has become the Silicon Valley poster child for fraud.

Go deeper

1 hour ago - Health

Boris Johnson announces month-long COVID-19 lockdown in U.K.

Prime Minsiter Boris Johnson. Photo: NurPhoto / Getty Images

A new national lockdown will be imposed in the U.K., Prime Minister Boris Johnson announced Saturday, as the number of COVID-19 cases in the country topped 1 million.

Details: Starting Thursday, people in England must stay at home, and bars and restaurants will close, except for takeout and deliveries. All non-essential retail will also be shuttered. Different households will be banned from mixing indoors. International travel, unless for business purposes, will be banned. The new measures will last through at least December 2.

Updated 2 hours ago - Politics & Policy

The massive early vote

Illustration: Sarah Grillo/Axios

Early voting in the 2020 election across the U.S. on Saturday had already reached 65.5% of 2016's total turnout, according to state data compiled by the U.S. Elections Project.

Why it matters: The coronavirus pandemic and its resultant social-distancing measures prompted a massive uptick in both mail-in ballots and early voting nationwide, setting up an unprecedented and potentially tumultuous count in the hours and days after the polls close on Nov. 3.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Ipsos poll: COVID trick-or-treat.
  2. World: Greece tightens coronavirus restrictions as Europe cases spike — Austria reimposes coronavirus lockdowns amid surge of infections
  3. Economy: Conference Board predicts economy won’t fully recover until late 2021.
  4. Technology: Fully at-home rapid COVID test to move forward.
  5. States: New York rolls out new testing requirements for visitors.