Updated Jun 20, 2019

Pompeo urges Russia to act after murder charges laid over MH17 downing

Wilbert Paulissen of the Joint Investigation Team holds a press conference, June 19. Photo: Robin Van Lonkhuijsen/AFP/Getty Images

Secretary of State Mike Pompeo said in a statement Wednesday that Russia should ensure its citizens who are charged with murder over the downing of Malaysia Airlines Flight 17 in 2014 face justice.

Details: 4 men, 3 with close "ties to Russian military and intelligence agencies," will face murder charges over the incident that killed 298 people, per the New York Times. However, Russian authorities labeled the charges "absolutely unfounded accusations," according to AFP news agency.

The big picture: The charges are based on an investigation coordinated by the Netherlands, Ukraine, Belgium, Australia and Malaysia, the Times reports. The missile that struck the airplane "caused the worst single loss of life for civilians during the Ukraine war, which has continued for more than five years," per the Times.

Go deeper: Missile that took down Malaysia Air flight belonged to Russian brigade

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BIG3 to create a hybrid reality show about quarantine basketball

Illustration: Aïda Amer/Axios

Sports are on pause, and there's no timetable for their return. In the interim, leagues, teams and athletes are getting creative with ways to keep fans engaged.

The latest: A "quarantined reality show basketball tournament," courtesy of the BIG3, the upstart 3-on-3 basketball league founded by Ice Cube and his longtime business partner Jeff Kwatinetz.

Trump on coronavirus misinformation from China: "Every country does it"

President Trump brushed aside allegations that China — as well as Russia and Iran — are spreading misinformation about the origin of the coronavirus during a 64-minute call with "Fox & Friends" on Monday, telling the hosts that "every country does it."

Why it matters: Multiple verified Chinese government Twitter accounts have promoted different conspiracy theories, and Chinese foreign ministry deputy spokesperson Zhao Lijian suggested that the virus come from a U.S. military lab, Axios' Bethany Allen-Ebrahimian reports.

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Investment pros are selling while mom and pop buy the coronavirus dip

Illustration: Aïda Amer/Axios

As traders around the globe have frantically unloaded positions in recent weeks, so-called mom and pop retail investors have kept level heads and not sold out of stocks.

What they're saying: In fact, "the typical trader is buying equities on the dips," passive investment firm Vanguard notes in a research paper, adding that "older, wealthier traders are moving modestly to fixed income."