NBC is partnering with Euronews, a network with journalists in Europe, the Middle East and North Africa, to expand its news gathering capabilities. NBC and Euronews will collaborate and co-brand their digital products and coverage. NBC also announced that Deborah Turness will be named the first president of NBC News International and Noah Oppenheim will become President of NBC News.

The numbers: According to The New York Times, NBC spent roughly $30 million for a 25% stake in the company.

What's in it for Euronews? NBC will provide editorial resources and strategic guidance to Euronews. Euronews will be digitally co-branded with NBC and will gain access to NBC's digital resources to improve their online coverage.

What's in it for NBC? NBC will expand its reach to 277 million new households in thirteen languages across Europe, Africa and the Middle East. Access to Euronews' international reporting gives NBC, and its' cable news channel, MSNBC, an edge in competing with CNN's international coverage, spearheaded by CNN's International channel.

Note: NBC is an investor in Axios and Andy Lack is a member of the Axios board.

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Updated 8 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 5:30 p.m. ET: 33,484,120 — Total deaths: 1,004,082 — Total recoveries: 23,212,633Map.
  2. U.S.: Total confirmed cases as of 5:30 p.m. ET: 7,180,179 — Total deaths: 205,729 — Total recoveries: 2,794,608 — Total tests: 102,342,416Map.
  3. Health: Americans won't take Trump's word on the vaccine, Axios-Ipsos poll finds.
  4. States: NYC's coronavirus positivity rate spikes to highest since June.
  5. Sports: Tennessee Titans close facility amid NFL's first coronavirus outbreak.
  6. World: U.K. beats previous record for new coronavirus cases.
  7. Work: United States of burnout — Asian American unemployment spikes amid pandemic

What to watch in tonight's debate

Joe Biden (left) and President Trump (right) are facing off in Cleveland for the first presidential debate. Photos: Alex Wong (of Biden) and David Hume Kennerly (of Trump)/Getty Images

President Trump will try to break Joe Biden's composure by going after his son Hunter and other family members in tonight's first presidential debate — a campaign source tells Axios "nothing will be off the table" — while Biden plans to stick to the economy, coronavirus and new revelations about how Trump avoided paying taxes.

Driving the news: Biden and Trump are set to debate at 9 p.m. ET at Case Western Reserve University in Cleveland, and it will be moderated by Fox News' Chris Wallace.

Massive layoffs hit Disney theme parks

A person posing for a photo in front of the iconic Disney castle at Disneyland Resort in Hong Kong on Sept, 25. Photo: Miguel Candela Poblacion/Anadolu Agency via Getty Images

Disney is laying off 28,000 workers at its theme parks and experiences and consumer products divisions, the company said in a statement Tuesday.

Why it matters: The coronavirus pandemic has forced the company to close its California theme parks and limit attendance at re-opened parks elsewhere around the U.S. Around 67% of the 28,000 laid off workers are part-time employees, according to Josh D’Amaro, chairman of Disney's parks, experiences and products division.