Mary Altaffer / AP

Alt-right provocateur Milo Yiannopoulous had his keynote speech at CPAC and his Simon & Schuster book deal cancelled after comments he made during a podcast taping that seemingly condoned pedophilia became public. This afternoon, he held a press conference to announce his resignation from Breitbart News.

His reason for the press conference: "This is about me apologizing for me saying things I did not mean. This is about me apologizing to other victims of abuse who viewed what I said as flippant...I've never apologized about anything before, and I don't anticipate doing so again, but this particular subject strikes very close to home for me."

He's not going anywhere: He'll be announcing an independently-funded media venture in the coming weeks, his book will still be released by another publisher, and he'll be expanding his college tour.

It wasn't pretty: When asked if he had a message to other victims of sexual abuse, Milo told the assembled press corps that other things — specifically, going bankrupt — are worse.

Go deeper

Dion Rabouin, author of Markets
9 mins ago - Economy & Business

Investors have nowhere to hide

Photo: Jeenah Moon/Getty Images

The massive losses in oil prices and U.S. and European equities were not countered by gains in traditional safe-haven assets on Wednesday.

Why it matters: The unusual movement in typical hedging tools like bonds, precious metals and currencies means they are not providing investors an asset that will appreciate in the event of a major equity selloff.

Kendall Baker, author of Sports
14 mins ago - Sports

A look inside sports owners' political donations

Data: ESPN/FiveThirtyEight; Chart: Axios Visuals

Sports team owners in the four largest North American leagues (NFL, NBA, MLB, NHL) have donated over $46 million in federal elections since 2015, according to research conducted by ESPN and FiveThirtyEight.

By the numbers: Over the past three elections, $35.7 million of that money (77.4%) has gone to Republican campaigns and super PACs, compared to $10.4 million (22.6%) to Democrats.

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Large coronavirus outbreaks leading to high death rates — Coronavirus cases are at an all-time high ahead of Election Day — Fauci says U.S. may not return to normal until 2022
  2. Politics: Space Force's No. 2 general tests positive for coronavirus
  3. World: Taiwan reaches a record 200 days with no local coronavirus cases
  4. Europe faces "stronger and deadlier" wave France imposes lockdown Germany to close bars and restaurants for a month.
  5. Sports: Boston Marathon delayed MLB to investigate Dodgers player who joined celebration after positive COVID test.

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