Bob Herman Feb 20
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MiMedx stock craters on internal probe

Data:; Chart: Axios Visuals

The stock price of MiMedx plummeted 35% Tuesday morning after the company, which sells products for burns and wound care, said it was postponing the release of its 2017 financial results due to an internal investigation of its sales practices.

Why it matters: Short sellers like Marc Cohodes have long alleged MiMedx fraudulently inflated its sales numbers. Delaying the financials, at a minimum, is a public-relations disaster and could indicate deeper trouble from government auditors.

Go deeper: MiMedx CEO Pete Petit is a big backer of President Trump and former health secretary Tom Price, and Petit's feud with short sellers reached a boiling point this past January.

Stef W. Kight 6 hours ago
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Sessions urges U.S. attorneys to pursue death penalty in drug cases

Jeff Sessions claps and looks on as Trump talks with his right hands stretched out
Photo: Mandel Ngan / Getty

As a response to the opioid epidemic, Attorney General Jeff Sessions "strongly encouraged" U.S. attorneys to pursue the death penalty in applicable drug-related cases in a memo sent on Wednesday morning, saying "we cannot continue with business as usual."

Why it matters: President Trump has repeatedly suggested that drug dealers receive the death penalty, as a way to confront the U.S. opioid epidemic and "general drug crisis."

Dave Lawler 6 hours ago
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Boris Johnson likens Putin's 2018 World Cup to Hitler's 1936 Olympics

Hitler opens the 1936 Olympics. Photo: Bettmann via Getty Images

At a parliamentary committee meeting Wednesday, British Foreign Secretary Boris Johnson agreed with a member of Parliament who said that Russian President Vladimir Putin would use the 2018 World Cup in Russia "like Hitler used the 1936 Olympics" to "gloss over the brutal regime for which he is responsible."

QuoteYes, I think the comparison with 1936 is certainly right. I think it’s an emetic prospect, frankly, to think of Putin glorying in this sporting event.
— British Foreign Secretary Boris Johnson

The backdrop: The United Kingdom will not send an official delegation to the World Cup as part of its response to the use of a nerve agent on U.K. soil to poison ex-spy Sergei Skripal.