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.

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9 mins ago - Technology

What a President Biden would mean for tech

Illustration: Eniola Odetunde/Axios

A Biden presidency would put the tech industry on stabler ground than it's had with President Trump. Although Biden is unlikely to rein in those Democrats who are itching to regulate the big platforms, he'll almost certainly have other, bigger priorities.

The big picture: Liberal Silicon Valley remains one of Democrats' most reliable sources for big-money donations. But a Biden win offers no guarantee that tech will be able to renew the cozy relationship it had with the Obama White House.

Virtual school is another setback for struggling retail industry

Illustration: Annelise Capossela/Axios

A virtual school year will likely push retailers even closer to the brink.

Why it matters: Back-to-school season is the second-biggest revenue generating period for the retail sector, after the holidays. But retailers say typical shopping sprees will be smaller with students learning at home — another setback for their industry, which has seen a slew of store closures and bankruptcy filings since the pandemic hit.

1 hour ago - Health

The pandemic hasn't hampered the health care industry

Illustration: Rebecca Zisser/Axios

The economy has been tanking. Coronavirus infections and deaths have been rising. And the health care industry is as rich as ever.

The big picture: Second-quarter results are still pouring in, but so far, a vast majority of health care companies are reporting profits that many people assumed would not have been possible as the pandemic raged on.