Evan Agostini / AP

British regulatory agencies will delay the investigation into 21st Century Fox's $14.5 billion bid for Sky TV until after the election on June 20.

  • What changed: The E.U. greenlighted 21st Century Fox's acquisition of Sky TV last week during the height of Fox's Bill O'Reilly controversy. U.K. regulators said they would initially respond by May 16, but will extend the period of time regulators can review the merger due to the close proximity of the general election.
  • Why it matters: While regulators were mostly weighing the monopoly factor in the acquisition, they also considered Murdoch's ownership style while determining whether he and his son James Murdoch (chief executive of Fox and Chairman of Sky) could handle another major acquisition responsibly. It's likely the Murdochs' handling of the O'Reilly situation in the U.S. will play into the extended investigation.

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Trump's new TikTok threat

Photo illustration: Aïda Amer/Axios. Photo: Jim Watson/AFP via Getty Images

President Trump said twice Monday that the U.S. Treasury would need to get a portion of the sale price of TikTok, as a condition of regulatory approval.

Why it matters: This is akin to extortion — the sort of thing you'd expect to hear on a wiretap, not from the White House in front of reporters.

Ford names James Farley as new CEO amid ongoing turnaround effort

James Hackett, left, is retiring as Ford CEO. Jim Farley, right, takes over Oct. 1. Photo: Ford

Ford announced Tuesday that James Farley will take over as its next CEO, replacing James Hackett, 65, who is retiring after three years in the job.

Why it matters: It leaves Farley to complete the company's ongoing turnaround effort. The transition will be that much harder as the industry tries to navigate the coronavirus-induced economic slowdown which shuttered Ford plants for two months on the eve of some of its most important vehicle launches.

Updated 3 hours ago - Politics & Policy

Watch the full "Axios on HBO" interview with President Trump

In this episode of “Axios on HBO”, President Trump discusses his handling of the coronavirus pandemic, the upcoming election and much more with National Political Correspondent Jonathan Swan.

The interview was filmed on Tuesday, July 28 and aired Monday, Aug. 3 on HBO.