Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Photo by John Shearer/Getty Images

Former Vanity Fair editor Graydon Carter's new media venture, Air Mail, expects to employ 40 people by year's end, up from 30 today and 10 at launch in 2019, Axios has learned. It currently has over 75 editorial contributors.

Why it matters: While some have criticized the outlet as a nostalgic attempt to recreate print online, its strategy has helped the company seamlessly transition into new revenue streams like e-commerce, where brand authority is important.

  • Air Supply, the company's new e-commerce shop, is billed as a "Highly Selective Storefront," selling a high-end list of curated goods from $595 Lanvin sneakers to $18 retro cycling hats.
  • Every week, a new editorial trend inspires a curation at the top of the feed with new inventory available for purchase, a spokesperson tells Axios.
  • "Our readers are global in their outlook," Carter tells Axios. "Because the staff is made up of Spy and Vanity Fair vets plus a great mix of smart young tyros, Air Mail is, we believe, the most sophisticated combination of old school rigor and new school smarts out there."

Between the lines: Air Mail launched as a weekly subscription newsletter for highbrow individuals. Its content is accompanied by glossy, print-like magazine ads from premier brands, a reflection of Carter's days at Vanity Fair.

  • A subscription to Air Mail costs about $80 per year, up from $50 a few months ago. The company does not disclose subscription numbers, but says its subscriber count grew 147% from 2019 to 2020.
  • Air Mail allows just one premier advertiser to run against its content in each newsletter each week. It's worked with 53 unique advertisers, mostly from high-end brands like Hermes, Gucci, Celine, Tiffany & Co, HBO, Apple TV+ and Ralph Lauren.

Details: The company has several newsletters in addition to its premier Saturday email, including a Wednesday Week in Culture Newsletter, a Thursday Book Report Newsletter, and a Friday Pilot Newsletter for kids, AirMail JR.

  • The company has recently started to expand out from its digital roots, launching podcasts and expanding into brick and mortars.
  • In September 2020, Air Mail launched its first podcast called "Morning Meeting" (M.M.).

What's next: This fall, a spokesperson says Air Mail will be branded on newsstands in Milan, in addition to London.

Go deeper

Pelosi's Republican playbook

Illustration: Aïda Amer/Axios

As Republicans fight among themselves, House Speaker Nancy Pelosi (D-Calif.) is showing the myriad ways she deals with the GOP herself.

Between the lines: We've seen Pelosi cut opponents off at the knees, like she did with President Trump, or pretend to forget their names, as she did to Sen. Ron Johnson (R-Wis.). Now she's feeding oppo research against her House counterpart, Minority Leader Kevin McCarthy (R-Calif.), so others can use the same harsh rhetoric to frame the Republicans as the party of dysfunction.

Exclusive: Houston mayor to lead Black mayors group

Houston Mayor Sylvester Turner speaks during a private funeral for George Floyd. Photo: Godofredo A. Vásquez/Pool/Getty Images

The mayor of the city where George Floyd was raised is taking over a group that represents 500 Black mayors in the U.S. amid national pressure to revamp police departments.

Why it matters: Houston Mayor Sylvester Turner will become the new president of the African American Mayors Association as municipalities across the country examine police reforms and deal with the economic fallout from the pandemic.

Delivery industry sees biggest monthly job losses in more than 20 years

Data: U.S. Bureau of Labor Statistics; Chart: Axios Visuals

The pandemic's biggest job winner is losing steam.

Driving the news: People who deliver packages to businesses and homes — classified as "couriers and messengers" by the Labor Department — saw the industry's biggest monthly job losses in more than 20 years in April.