Marissa Mayer. Photo: Steve Jennings/Getty Images for TechCrunch
Lumi Labs, a consumer app incubator co-founded by former Yahoo CEO Marissa Mayer, has raised $20 million in venture capital funding, according to an SEC filing.
The intrigue: Lumi is based at 165 University Ave. in Palo Alto, where Google was headquartered in 1999 when Mayer became one of its earliest employees. She declined to comment when contacted by Axios.
Democrats and the Trump administration remain "miles apart" on negotiations over a coronavirus stimulus deal, House Speaker Nancy Pelosi (D-Calif.) said on Wednesday.
Driving the news, via Axios' Dion Rabouin: Congress' failure to renew enhanced unemployment measures for millions of Americans at the end of July is already affecting consumer spending patterns, holding down retail purchases and foot traffic, economists at Deutsche Bank say.
Illustration: Annelise Capossela/Axios
Peacekeepers with Lebanese troops in southern Lebanon. Photo: Jalaa Marey/AFP via Getty
The Trump administration is threatening to veto a resolution to extend the UN's long-standing peacekeeping mission in southern Lebanon if its mandate isn't changed, Israeli and U.S. officials tell me.
Why it matters: The U.S. is the main funder of the UN Interim Force in Lebanon (UNIFIL), which has an annual budget of $250 million. The veto threat is a tactical move, and part of a broader effort to put pressure on Iran and its proxy in Lebanon, Hezbollah.