Former pharmaceutical executive Martin Shkreli (center.) Photo: Spencer Platt / Getty Images
Martin Shkreli, the notorious former hedge fund manager and pharmaceutical executive, was sentenced on Friday to seven years in prison on federal charges of wire and securities fraud.
The sentencing comes roughly two and a half years after the "Pharma Bro" came under fire for raising the price of an AIDS drug by more than 5,000 percent.
Illustration: Sarah Grillo/Axios
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The number of novel coronavirus cases surpassed 1.2 million worldwide Saturday night, as Spain overtook Italy as the country with the most infections outside the U.S.
The big picture: About half the planet's population is now on lockdown and the global death toll was nearing 64,800, by Sunday morning, per Johns Hopkins data.
Recorded deaths from the novel coronavirus surpassed 8,500 in the U.S. early Sunday, per Johns Hopkins data. The death toll in the U.S. has risen over 1,000 every day for the past four days, since April 1.
The big picture: President Trump said Saturday America's is facing its "toughest" time "between this week and next week." Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, said U.S. deaths are expected to continue to rise during this period.