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Bezos (L) and Powell Jobs. Photos: AP

Laurene Powell Jobs, the billionaire philanthropist and president of the Emerson Collective, is buying a big stake in the organization that owns the NBA's Wizards and NHL's Capitals, the Washington Post reports.

Powell Jobs, widow of Apple's Steve Jobs, is further establishing herself as a D.C. power player. Meanwhile, so has another West Coast billionaire — Jeff Bezos.

Media

Bezos spent $250 million in 2013 to buy the Washington Post. Through the Emerson collective, Powell Jobs in July bought a majority stake in another D.C. media institution, the Atlantic. She is also an investor in Axios.

Local ties

Bezos bought two neighboring mansions in Washington's Kalorama neighborhood last year for $23 million, planning to turn them into a single-family home. Powell Jobs has dated Adrian Fenty, who was D.C.'s mayor from 2007 to 2011.

The latest

Powell Jobs now owns 20% of Monumental Sports and Entertainment, which include the Wizards, Capitals and Capital One Arena. Northern Virginia is in the running for Amazon's second U.S. headquarters, with Maryland and D.C. also putting in bids.

Go deeper

1 hour ago - Health

Standardized testing becomes another pandemic victim

Photo: Edmund D. Fountain for The Washington Post via Getty

National standardized reading and math tests have been pushed from next year to 2022, the National Center for Education Statistics (NCES) announced Wednesday.

Why it matters: There’s mounting national evidence that students are suffering major setbacks this year, with a surge in the number of failing grades.

1 hour ago - World

European countries extend lockdowns

A medical worker takes a COVID-19 throat swab sample at the Berlin-Brandenburg Airport. Photo by Maja Hitij via Getty

Recent spikes in COVID-19 infections across Europe have led authorities to extend restrictions ahead of the holiday season.

Why it matters: "Relaxing too fast and too much is a risk for a third wave after Christmas," said European Commission President Ursula von der Leyen.

2 hours ago - Health

Africa CDC: Vaccines likely won't be available until Q2 of 2021

Africa CDC director Dr. John Nkengasong. Photo: Mohammed Abdu Abdulbaqi/Anadolu Agency via Getty

Africa may have to wait until the second quarter of 2021 to roll out vaccines, Africa CDC director John Nkengasong said Thursday, according to the Associated Press.

Why it matters: “I have seen how Africa is neglected when drugs are available,” Nkengasong said.