Sadiq Khan. Photo: Dominic Lipinski, WPA Pool/Getty Images

London Mayor Sadiq Khan penned an op-ed in The Observer Sunday calling for a public vote on any deal — or lack thereof — that the British government negotiates on Brexit, one that will include the option to remain in the European Union.

"I don’t believe it’s the will of the people to face either a bad deal or, worse, no deal. That wasn’t on the table during the campaign."

The big picture: Khan was clear during an appearance on BBC that he is not calling for a second referendum. Rather, he is demanding that the British people have a say in the outcome of negotiations that may lead toward a "no-deal Brexit," due partially to divisions within Theresa May's own Conservative Party.

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Uber to buy Postmates in $2.65 billion deal

Illustration: Sarah Grillo/Axios

Uber has agreed to acquire food delivery company Postmates for $2.65 billion in an all-stock deal, the companies announced Monday.

Why it matters: This is the latest merger for the food delivery space as the sector undergoes an ongoing market consolidation.

Analysts expect soaring stock market despite slashed earnings forecasts

Data: FactSet; Chart: Axios Visuals

Despite cutting expectations for companies' earnings by the most in history and revenue by the most since 2009, Wall Street analysts are getting increasingly bullish on the overall direction of the U.S. stock market.

What's happening: Equity analysts are expecting earnings in the second quarter to fall by 43.8% — the most since 2008's fourth quarter 69.1% decline.

Case growth outpacing testing in coronavirus hotspots

Data: The COVID Tracking Project. Note: Vermont and Hawaii were not included because they have fewer than 20 cases per day. Chart: Andrew Witherspoon/Axios

The United States' alarming rise in coronavirus cases isn't due to increased testing — particularly not where cases have grown fastest over the last month.

Why it matters: The U.S. doesn't yet know what it looks like when a pandemic rages on relatively unchecked after the health system has become overwhelmed. It may be about to find out.