Apr 5, 2018

Maribel Perez Wadsworth named new publisher of USA TODAY

Maribel Perez Wadsworth. Photo: USA Today

Gannett veteran Maribel Perez Wadsworth is the new publisher of USA TODAY. She currently serves as president of the USA TODAY NETWORK, which includes USA TODAY as well as 109 other media brands across the country. She takes the reins as incumbent publisher John Zidich retires.

Why it matters: Perez Wadsworth takes over just weeks after USA TODAY named Gannett veteran Nicole Carroll as editor-in-chief . The company, which represents the largest newspaper network in the United States, is making an array of changes to product, leadership and sales to ensure it survives an era of technological disruption.

Go deeper

Axios
48 mins ago - Politics & Policy

Jeff Sessions loses Alabama Senate primary runoff

Jeff Sessions. Photo: Michael DeMocker/Getty Images

Former Attorney General Jeff Sessions has lost the Republican nomination for Senate to Tommy Tuberville in Alabama in Tuesday night’s primary runoff, AP reports.

Why it matters: Sessions had been the underdog in the race against former Auburn University head football coach Tommy Tuberville, who had the backing of President Trump. Tuberville will now face off against Sen. Doug Jones (D-Ala.) in November, who is considered to have one of the most vulnerable Democratic Senate seats in the country.

Go deeper (<1 min. read)Arrow
Axios
Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 9 p.m. ET: 13,273,537 — Total deaths: 577,006 — Total recoveries — 7,367,106 — Map.
  2. U.S.: Total confirmed cases as of 9 p.m. ET: 3,424,304 — Total deaths: 136,432 — Total recoveries: 1,049,098 — Total tested: 41,764,557 — Map.
  3. Politics: Biden welcomes Trump wearing mask in public but warns "it’s not enough"
  4. Public health: Four former CDC heads say Trump's undermining of agency puts lives at risk — CDC director: U.S. could get coronavirus "under control" in 4–8 weeks if all wear masks.
Go deeper (<1 min. read)Arrow
Courtenay Brown
4 hours ago - Economy & Business

Bank CEOs brace for worsening economic scenario

JPMorgan CEO Jamie Dimon. Photo: J. Lawler Duggan/For The Washington Post via Getty Images

Wells Fargo swung to its first loss since the financial crisis — while JPMorgan Chase and Citigroup reported significantly lower profits from a year earlier — as the banks set aside billions of dollars more in the second quarter for loans that may go bad.

Why it matters: The cumulative $28 billion in loan loss provisions that banks have so far announced they’re reserving serves as a signal they’re preparing for a colossal wave of loan defaults as the economy slogs through a coronavirus-driven downturn.

Go deeper (1 min. read)Arrow