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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Kendall Baker, author of Sports
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.

U.S. vs. Google — the siege begins

Illustration: Sarah Grillo/Axios

The Justice Department fired the starter pistol on what's likely to be a years-long legal siege of Big Tech by the U.S. government when it filed a major antitrust suit Tuesday against Google.

The big picture: Once a generation, it seems, federal regulators decide to take on a dominant tech company. Two decades ago, Microsoft was the target; two decades before that, IBM.

Dion Rabouin, author of Markets
29 mins ago - Economy & Business

Why the stimulus delay isn't a crisis (yet)

Illustration: Aïda Amer/Axios

If the impasse between House Speaker Nancy Pelosi and the White House on a new stimulus deal is supposed to be a crisis, you wouldn't know it from the stock market, where prices continue to rise.

  • That's been in no small part because U.S. economic data has held up remarkably well in recent months thanks to the $2 trillion CARES Act and Americans' unusual ability to save during the crisis.

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