Aug 15, 2018

Kansas Gov. Jeff Colyer concedes to Kris Kobach

President Trump with Kansas Secretary of State Kris Kobach. Photo: Drew Angerer/Getty Images

Kansas' incumbent Republican Governor Jeff Colyer has conceded to Sec. State Kris Kobach after a razor-thin primary fight. In a press conference, Colyer said he will endorse Kobach.

  • Only two incumbent governors in Kansas have lost their bid for re-election before — the last time in 1956.

Be smart: Kobach had the best political gift for a Republican running in 2018: a Trump endorsement. But he still only narrowly beat Colyer, who's now the third Republican to lose his primary for re-election in 2018.

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Data: Associated Press; Chart: Axios Visuals

Bottom line: In the end, Trump gets what Trump wants. But there’s a limit to his power — Democrats think they can be more competitive against Kobach in the general than they would've been against Colyer.

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Special report: Health care workers vs. coronavirus

Photo Illustration: Sarah Grillo/Axios. Photos: Angela Weiss/AFP via Getty Images, Bruce Bennett/Getty Images, and Europa Press News/Europa Press via Getty Images

Health care workers are at an especially high risk of catching the coronavirus, because of their prolonged exposure to patients who have it. Making matters worse, the U.S. doesn't have enough of the protective equipment, like masks and gloves, that keeps them safe.

  • And yet these workers, with loved ones of their own, keep showing up at hospitals across the country, knowing that more Americans than they can possibly care for are depending on them.

Backed by the Fed, bond investors get bullish

Illustration: Sarah Grillo/Axios

The Fed's massive injections of liquidity have reopened much of the bond market, and after back-to-back weeks in which more than $100 billion flowed out of bond funds, investors have regained their bearings and now see opportunity.

What's happening: But after the hemorrhaging outflows relented last week, bulls may now be sticking their heads out a bit too far. Junk bond funds took in more than $7 billion for the week ended April 1, according to Refinitiv Lipper, setting a new weekly record.

What top CEOs fear telling America about the coronavirus shutdown

Illustration: Eniola Odetunde/Axios

Top CEOs, in private conversations and pleas to President Trump, are warning of economic catastrophe if America doesn't begin planning for a phased return to work as soon as May, corporate leaders tell Axios.

Why it matters: The CEOs say massive numbers of companies, big and small, could go under if business and government don't start urgent talks about ways groups of workers can return.