Photo: Ethan Miller/Getty Images

MGM Resorts International has agreed to pay between $735 million and $800 million to the families of the 58 victims who died and hundreds more who were injured when a gunman targeted a concert in Las Vegas in 2017, reports AP.

Why it matters: "It's a major step to resolve hundreds of lawsuits in multiple states that seek compensation for a range of physical and psychological injuries from the deadliest mass shooting in modern history," writes AP. The settlement seeks to clear up claims that MGM was negligent by permitting the attacker to stash assault-style weapons and ammunition at Mandalay Bay hotel, an MGM-owned property.

What they're saying:

  • MGM initially had an "aggressive" reaction to the suit, and tried to block the victims and families from recovering money, reports the New York Times.
  • The victims claim the hotel failed to protect 22,000 people at the concert venue from the shooter, reports AP.

What's next: The settlement amount "depends on the number of plaintiffs who take part," according to a statement from Las Vegas law firm Eglet Adams, AP notes. The settlement process is anticipated to conclude by late next year.

Go deeper: The deadliest mass shootings in modern U.S. history

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Updated 10 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 5 a.m. ET: 12,910,357 — Total deaths: 569,128 — Total recoveries — 7,116,957Map.
  2. U.S.: Total confirmed cases as of 5 a.m. ET: 3,304,942— Total deaths: 135,205 — Total recoveries: 1,006,326 — Total tested: 40,282,176Map.
  3. States: Florida smashes single-day record for new cases with over 15,000 — NYC reports zero deaths for first time since pandemic hit.
  4. Public health: Ex-FDA chief projects "apex" of South's curve in 2-3 weeks — Testing czar: Lockdowns in hotspots "should be on the table"
  5. Education: Betsy DeVos says schools that don't reopen shouldn't get federal funds — Pelosi accuses Trump of "messing with the health of our children."
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How Europe’s green pandemic recovery will push the rest of the world

Illustration: Sarah Grillo/Axios

Europe, long the most progressive continent when it comes to tackling climate change, is doubling down on this ambition to revive pandemic-ravaged economies.

Why it matters: The European Union is the world’s third-largest emitting region after the U.S. and China, but it’s not just that. These plans will push global corporate behavior and prod other governments by creating either templates to follow or protectionist battles (or both).

Scoop: How the White House is trying to trap leakers

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President Trump's chief of staff, Mark Meadows, has told several White House staffers he's fed specific nuggets of information to suspected leakers to see if they pass them on to reporters — a trap that would confirm his suspicions. "Meadows told me he was doing that," said one former White House official. "I don't know if it ever worked."

Why it matters: This hunt for leakers has put some White House staffers on edge, with multiple officials telling Axios that Meadows has been unusually vocal about his tactics. So far, he's caught only one person, for a minor leak.