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Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

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Leslie Moonves speaking in Hollywood earlier this year. Photo: Albert L. Ortega/Getty Images

Shari Redstone, vice-chairwoman of National Amusements, the holding company for CBS and Viacom, is contemplating firing CBS chief Leslie Moonves, should merger talks between the two networks fail, CNBC reports.

Why it matters: Moonves was reportedly disinterested in a deal prior to the latest round of merger talks. The Wrap reported a few weeks ago that Moonves had become more interested. The news Tuesday shows that Redstone is willing to remove any executives that stand in the way of recombining the two companies.

Further drama: Aside from valuation, the other big drama facing this merger is who would lead the combined company. Viacom was vying to have chief Bob Bakish take the number two spot to Moonves, but removing Moonves would mean leadership talks would get even messier.

Go deeper

9 mins ago - Politics & Policy

Biden to attempt "emergency economic relief" by executive order

President Biden. Photo: Mark Wilson/Getty Images

President Biden will continue his executive action blitz on Friday, issuing two more orders in an attempt to provide immediate relief to struggling families without waiting for Congress.

Why it matters: In his second full day in office, Biden is again resorting to executive actions as he tries to increase payments for nutritional assistance and protect workers' rights during the pandemic.

10 mins ago - Economy & Business

What Biden's EV push could mean for jobs

Illustration: Sarah Grillo/Axios

President Biden's swift effort to re-establish stricter fuel efficiency mandates, along with his broader push toward vehicle electrification, is as much about creating new jobs as it is protecting the environment.

Why it matters: The U.S. lags far behind the rest of the world in electric vehicle adoption. Catching up will require big investments in EV production — including battery cell manufacturing and mining of raw materials — to avoid dependence on imports and foreign supply chains.

8 hours ago - Politics & Policy

Kellyanne Conway's parting power pointers

Kellyanne Conway addresses the 2020 Republican National Convention. Photo: Nicholas Kamm/AFP via Getty Images

Kellyanne Conway has seen power exercised as a pollster, campaign manager and senior counselor to President Trump. Now that his term in office has concluded, she shared her thoughts with Axios.

Why it matters: If there's a currency in this town, it's power, so we've asked several former Washington power brokers to share their best advice as a new administration and new Congress settle in.

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