Photo: Bonnie Jo Mount/The Washington Post via Getty Images

Maryland Gov. Larry Hogan is set to deliver the keynote address at Monday night's Toner Prize Celebration — in memory of Robin Toner, the first woman to serve as national political correspondent of The New York Times.

What he'll say: "Our nation would be so much better off without all the bitter and angry politics. And if we could all just get back to being Americans once again."

  • "For our elected officials, that means putting the people’s priorities ahead of partisan interests."
  • "For members of the media, that means being a little more like Robin Toner and never losing sight of how your work affects people’s everyday lives."
  • "Now more than ever, it means not being beholden to headlines or ratings, and instead just practicing the tenets of good journalism — following a lead, gathering the facts, and shedding light on the truth."

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Ford names James Farley as new CEO amid ongoing turnaround effort

James Hackett, left, is retiring as Ford CEO. Jim Farley, right, takes over Oct. 1. Photo: Ford

Ford announced Tuesday that James Farley will take over as its next CEO, replacing James Hackett, 65, who is retiring after three years in the job.

Why it matters: It leaves Farley to complete the company's ongoing turnaround effort. The transition will be that much harder as the industry tries to navigate the coronavirus-induced economic slowdown which shuttered Ford plants for two months on the eve of some of its most important vehicle launches.

Updated 2 hours ago - Politics & Policy

Watch the full "Axios on HBO" interview with President Trump

In this episode of “Axios on HBO”, President Trump discusses his handling of the coronavirus pandemic, the upcoming election and much more with National Political Correspondent Jonathan Swan.

The interview was filmed on Tuesday, July 28 and aired Monday, Aug. 3 on HBO.

Mergers and acquisitions make a comeback

Illustration: Sarah Grillo/Axios

A slew of high-profile headlines led by Microsoft's expected acquisition of social media video app TikTok helped bring the Nasdaq to another record high on Monday.

Why it matters: The mergers-and-acquisitions market looks like it's bouncing back, joining the revived credit and equity markets as well as the market for new public companies through IPOs and special purpose acquisition companies (SPACs).