Sep 25, 2017

Paul still opposes GOP health bill

Sen. Rand Paul opposes the latest health care bill. Photo: Manuel Balce Ceneta / AP

Sen. Rand Paul still opposes the Senate's latest bill to repeal parts of the Affordable Care Act, despite changes that pulled parts of the bill to the right.

Why it matters: This bill almost certainly cannot pass without Paul's support, yet his opposition is not a surprise. He wants a much more conservative bill. Winning his support would lose the support of even more moderate Republicans than the bill has already lost. That quandary sunk previous repeal efforts this summer, and seems likely to sink this one, too.

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The business of tear gas

Illustration: Eniola Odetunde/Axios

U.S. forces yesterday used tear gas on peaceful protesters outside the White House gates, prior to a declared curfew, clearing a path for President Trump to visit a riot-damaged church for a photo opportunity.

The state of play: Two of the largest U.S. producers of tear gas are owned by private equity firms, but those firms have no interest in discussing their ownership.

Cerebus sells control of Steward Health Care back to company

Illustration: Aïda Amer/Axios

Cerberus Capital Management has agreed to sell control of community hospital group Steward Health Care back to the company, as first reported by the New York Times and confirmed by Axios.

Why it matters: This would make Steward one of the country's largest physician-owned and operated companies. It also marks the end of a 10-year ownership period for Cerberus, which was most recently marked by threats to shutter a Pennsylvania hospital in March, despite the pandemic, if the facility didn't receive state bailout funds.

Exclusive: Washington Post makes major move into local news

People entering the Washington Post building in D.C. in 2019. Photo: Eric Baradat/AFP via Getty Images

The Washington Post has signed all 30 of McClatchy's local news outlets to its Zeus Performance product, a software that gives sites better speed, ad view-ability and performance, executives tell Axios.

Why it matters: By adding more local news outlets, The Post can start to build a local news ecosystem within its tech stack.