Nov 21, 2019

Podcast: Allbirds CEO on Amazon's copycat strategy

Amazon is known for watching what retail products gain traction on its platform and elsewhere and then creating similar products it can sell for less. Dan digs in with Joey Zwillinger, co-founder and CEO of Allbirds, who slams Amazon's knockoff of his company's wool sneakers as being "algorithmically inspired."

Go deeper: Sources: Allbirds is profitable

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What's driving Biden's strength with seniors

Illustration: Aïda Amer/Axios

President Trump's declining support among older voters since the coronavirus took hold is well documented, but new data offers a clearer understanding of why that's happening — and how it could impact the November election.

The big picture: Among the 65+ crowd, it's women driving the exodus. Joe Biden's appeal with senior men climbed during his surprise comeback to be the presumed Democratic nominee, but not necessarily at Trump's expense — and new polling suggests it may be ebbing in any case.

Hertz files for Chapter 11 bankruptcy

A car rental area at Miami International Airport. Photo: Kike Calvo/Universal Images Group via Getty Images

Hertz, one of the largest rental car companies in the world, filed for Chapter 11 bankruptcy on Friday evening, the company announced in a press release.

The big picture: This is the latest in a string of major retail bankruptcies this month, all emerging in the wake of the coronavirus pandemic.

World coronavirus updates

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Axios Visuals

Brazil added more than 20,000 cases of the novel coronavirus to its official count on Friday, tallying the most cases worldwide outside of the U.S. (over 330,890) and exceeding Russia's reported cases on Friday.

By the numbers: COVID-19 has killed more than 338,000 people, per Johns Hopkins data. Over 5.1 million people have tested positive for the virus as of Thursday, and more than 1.9 million have recovered. The U.S. has reported the most cases in the world (over 1.5 million from 13 million tests).