Jeffrey Collins / AP

South Carolina Electric & Gas and Santee Cooper, a state-owned power provider, announced Monday that they are pausing all construction work on two partially-completed nuclear reactors in the Midlands, effective immediately, which could cost the state nearly $9 billion, per The Post and Courier.

  • Santee Cooper executives said they plan to preserve what has been built so far, and will look for potential buyers to take over the remainder of the $14 billion project. CEO Lonnie Carter said the work is now estimated to cost roughly 75 percent more than the company originally anticipated.
  • Why it matters: The decision is a mortal wound to years-long industry hopes of a U.S. nuclear "renaissance" that would see a wave a new reactors built for the first time in decades. It also comes amid uncertainty over the fate of two reactors that power giant Southern Company is building in Georgia.
  • Go deeper: Axios' Amy Harder on America's nuclear failure.

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Updated 8 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

  1. Global: Total confirmed cases as of 5:30 p.m. ET: 19,952,057 — Total deaths: 732,689 — Total recoveries — 12,150,698Map.
  2. U.S.: Total confirmed cases as of 5:30 p.m. ET: 5,074,059 — Total deaths: 163,275 — Total recoveries: 1,656,864 — Total tests: 61,792,571Map.
  3. Politics: House will not hold votes until Sept. 14 unless stimulus deal is reached.
  4. Business: Richer Americans are more comfortable eating out.
  5. Public health: A dual coronavirus and flu threat is set to deliver a winter from hellAt least 48 local public health leaders have quit or been fired during pandemic.
  6. Sports: The cost of kids losing gym class — College football is on the brink.
  7. World: Europe's CDC recommends new restrictions amid "true resurgence in cases."
Updated 31 mins ago - Health

5 states set single-day coronavirus case records last week

Data: Compiled by Axios; Map: Danielle Alberti/Axios

Five states set new highs last week for coronavirus infections recorded in a single day, according to the COVID Tracking Project and state health departments. Only one state — North Dakota — surpassed a record set the previous week.

Why it matters: This is the lowest number of states to see dramatic single-day increases since Axios began tracking weekly highs in June, and marks a continued decrease from late July.

California judge orders Uber, Lyft to reclassify drivers as employees

Photo: ROBYN BECK/AFP via Getty Images

Uber and Lyft must reclassify their California drivers as employees under a preliminary injunction granted Monday by a San Francisco judge.

Why it matters: The ride-hailing companies, along with other gig economy firms, are resisting classifying their drivers as employees, which labor advocates say would give the workers greater benefits and rights. A new California law codified stricter requirements before companies can classify workers as contractors.