Photo: Mandel Ngan/AFP via Getty Images

The Lincoln Project — which includes former and "Never Trump" Republicans George Conway, Reed Galen, Steve Schmidt, John Weaver, Rick Wilson and more — is up with its first TV ad endorsing Joe Biden.

The big picture: The spot, which shows Biden with Republican former Speaker John Boehner, debuts in Milwaukee and Grand Rapids, Mich., two presumed battleground states in the upcoming election.

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Jul 28, 2020 - Sports

Over $500 million in national TV ads at stake if baseball is canceled

Illustration: Aïda Amer/Axios

Baseball might get canceled this season, putting TV networks and pay-TV providers in a position to lose as much as $587 million in national TV ad dollars, according to a new report from iSpotTV, a TV ad measurement company.

Why it matters: These figures are on top of mounting ad losses for the television industry. EMarketer expects television ad revenue to be down $10 billion in the first half of the year, due mostly to the coronavirus.

Updated 1 hour ago - World

Trump admin: Jimmy Lai's arrest marks Beijing's "latest violation" on Hong Kong

Media tycoon Jimmy Lai at the Next Digital offices in Hong Kong in June. Photo: Anthony Wallace/AFP via Getty Images

National Security Adviser Robert O'Brien said in a statement Monday night the Trump administration is "deeply troubled" by the arrest of Hong Kong pro-democracy activist Jimmy Lai on suspicion of "collusion with foreign powers."

Why it matters: The arrest Monday of the most prominent person under the new national security law that gives Beijing more powers over the former British colony comes amid heightened tensions between the U.S. and China.

A big hiring pledge from New York CEOs

Illustration: Rebecca Zisser/Axios

Leaders of more than two dozen of the New York City area's largest employers — including JPMorgan Chase, Ernst & Young, IBM, McKinsey & Company and Accenture — aim to hire 100,000 low-income residents and people of color by 2030 and will help prep them for tech jobs.

Why it matters: As the city's economy has boomed, many New Yorkers have been left behind — particularly during the pandemic. The hiring initiative marks an unusual pact among firms, some of them competitors, to address systemic unemployment.