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Photo: Ian Forsyth/Getty Images

Keir Starmer was elected Saturday as the new leader of the U.K.'s opposition Labour Party, succeeding Jeremy Corbyn, the New York Times reports.

Why it matters, per Axios' David Lawler: Starmer’s election brings an end to Labour’s hard-left turn under Corbyn, putting a less radical and perhaps more electable face on the opposition to Prime Minister Boris Johnson.

The state of play: Starmer's election comes as the U.K. battles the coronavirus outbreak, meaning he will struggle for visibility as the pandemic dominates the news, the Times notes.

  • Starmer, 57, won against Rebecca Long-Bailey and Lisa Nandy. He worked as a human rights barrister, director of public prosecutions and head of the crown prosecution service, per Politico.

Go deeper

Dan Primack, author of Pro Rata
2 mins ago - Economy & Business

IPOs keep rolling despite stock market volatility

Illustration: Aïda Amer/Axios

Stock market volatility is supposed to be kryptonite for IPOs, causing issuers to hide out in their private market caves.

Yes, but: This is 2020, when nothing matters.

Ben Geman, author of Generate
41 mins ago - Energy & Environment

Higher education expands its climate push

Illustration: Aïda Amer/Axios

New or expanded climate initiatives are popping up at several universities, a sign of the topic's rising prominence and recognition of the threats and opportunities it creates.

Why it matters: Climate and clean energy initiatives at colleges and universities are nothing new, but it shows expanded an campus focus as the effects of climate change are becoming increasingly apparent, and the world is nowhere near the steep emissions cuts that scientists say are needed to hold future warming in check.

Ina Fried, author of Login
1 hour ago - Economy & Business

The pandemic isn't slowing tech

Illustration: Eniola Odetunde/Axios

Thursday's deluge of Big Tech earnings reports showed one thing pretty clearly: COVID-19 may be bad in all sorts of ways, but it's not slowing down the largest tech companies. If anything, it's helping some companies, like Amazon and Apple.

Yes, but: With the pandemic once again worsening in the U.S. and Europe, it's not clear how long the tech industry's winning streak can last.