Aug 11, 2018

Rep. Collins suspends re-election campaign following insider trading charges

Rep. Chris Collins (R-NY) walks out of a New York court house after being charged with insider trading. Photo: Spencer Platt/Getty Images

Rep. Chris Collins (R-NY) has announced he is suspending his re-election campaign after being charged with insider trading stemming from the sale of shares in a company called Innate Immunotherapeutics.

Collins explains the suspension is in the "best interests of his constituents" and will fill out the remaining months of his term. Since being charged, he has shown confidence that he will be cleared and kept that belief in today's statement saying he will continue to fight the charges and looks forward to being "cleared of any wrongdoing."

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Axios

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

Global: Total confirmed cases as of 3 p.m. ET: 20,158,258 — Total deaths: 738,063 — Total recoveries: 12,388,686 — Map.
U.S.: Total confirmed cases as of 3 p.m. ET: 5,116,791 — Total deaths: 164,137 — Total recoveries: 1,670,755 — Total tests: 62,513,174 — Map.
States: Florida reports another daily record for deaths — State testing plans fall short of demand.
Axios-Ipsos poll: 1 in 2 has a personal connection to COVID-19.
Business: Moderna reveals it may not hold patent rights for vaccine.
🏈 Sports: Big Ten scraps fall football season due to coronavirus.

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Fadel Allassan

1 hour ago - Sports

Big Ten postpones fall sports due to coronavirus

Photo: Joe Robbins/Getty Images

The Big Ten announced Tuesday that it has voted to postpone its 2020 fall sports season, including football, due to risks posed by the coronavirus pandemic, hoping instead to play in the spring.

Why it matters: The move from one of the most prominent conferences in college sports will almost certainly prompt other Power Five leagues to follow suit.

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Alexi McCammond

1 hour ago - Politics & Policy

13 of Biden's former rivals to appear together at Democratic convention

Democratic presidential candidates at the primary debate in Charleston, SC. Photo: Win McNamee/Getty Images

In a show of unity at the Democratic National Convention, 13 of Joe Biden's former 2020 challengers will appear via video to talk about the party's vision for the country and how they'll work with Biden to get it done.

Why it matters: Coalescing around Biden and his eventual running mate will help Democrats head into the general election against President Trump with a united front — unlike what they did in 2016.