U.S. Energy Secretary Rick Perry. Photo: Getty Images

Energy Secretary Rick Perry is preparing to leave his post in the Trump administration and he's finalizing the terms of his departure, Bloomberg News reported Wednesday, citing 2 people familiar with the plans.

Details: The former Texas governor's exit wasn't imminent and he still hadn't made up his mind, but he'd been seriously considering quitting for weeks, according to Bloomberg News. In a statement provided to Axios and other outlets, Department of Energy spokeswoman Shaylyn Hynes denied the report. "He is happy where he is serving President Trump and leading the Department of Energy," she said.

Why it matters: Perry occupies an unusual spot in President Trump’s cabinet. He’s avoided the types of controversies that sped departures of several other agency heads and appears to have remained in Trump’s good graces, unlike many other cabinet chiefs. He hasn’t faced the same level of attacks from Capitol Hill Democrats as some others either.

The big picture: On policy, he’s an energetic booster for the country’s oil, gas, coal and nuclear sectors, yet has distanced himself from White House proposals to deeply slash renewable energy R&D and is a cheerleader for DOE’s research labs.

The intrigue: Perry has come up short thus far in one of his highest-profile and most controversial efforts, which is finding ways to directly support economically struggling coal-fired and nuclear power plants at risk of shutting down.

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Illustration: Sarah Grillo/Axios

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Updated 57 mins ago - World

At least 50 killed, 3,000 injured after massive explosion rocks Beirut

Photo: Anwar Amro/AFP via Getty Images

A major explosion has slammed central Beirut, Lebanon, damaging buildings as far as several miles away and injuring scores of people.

Driving the news: Lebanon's health minister said in televised remarks that more than 50 people have been killed and over 3,000 injured. Prime Minister Hassan Diab said the explosions occurred at a warehouse that had been storing 2,750 tons of ammonium nitrate for the past six years, per NBC.

"Mulan" will head to Disney+, home to more than 60 million subscribers

An outdoor ad for Disney's "Mulan" in Hollywood, California. Photo: Rich Fury/Getty Images

Disney announced Tuesday that its most highly-anticipated blockbuster of the year, the live-action remake of "Mulan," is heading to Disney+ on Sept. 4 for consumers to purchase for a premium access fee of $29.99. The movie's theatrical debut had previously been delayed four times.

Why it matters: It's a huge blow to movie exhibitors across the country that were relying on the Disney hit to come exclusively to theaters for at least a few months before being made available to consumers at home via streaming.