Axios

Coinciding with his visit on Monday, President Biden announced the administration will provide $60 million to Puerto Rico to help the island shore up protections against future storms.

Driving the news: More than two weeks after Hurricane Fiona hit Puerto Rico, 122,130 customers are still without power as of Monday morning, according to PowerOutage.us.

Hurricane Orlene was downgraded to a tropical storm after making landfall on Mexico's Pacific coastline Monday morning as a Category 1 storm just north of the Nayarit-Sinaloa state border, the National Hurricane Center (NHC) said.

The big picture: The storm was expected to bring dangerous storm surge along the coast of mainland Mexico and heavy rain in the southwest through Tuesday, raising the risk of flash flooding and possible landslides.

Days after Hurricane Ian swept through, central Florida communities are facing sewage concerns and rising floodwaters that the National Weather Service warns will persist "well into this week" — as rescue efforts continue across the state.

Details: The city of Orlando urged residents on Sunday night to "limit water usage" after Ian's "unprecedented rainfall" damaged the sewer system, while the nearby central city of St. Cloud issued a voluntary evacuation order due to rising floodwaters.

Competition is intensifying in the DNA sequencing industry, which has long been dominated by sequencing behemoth Illumina.

Driving the news: Illumina, which has an estimated 80% share of the global gene sequencing market, unveiled a new line of instruments today that it says will cut the cost of genome sequencing — the latest in a flurry of announcements from an industry in pursuit of faster and cheaper offerings.

President Biden will visit Florida and Puerto Rico this week in the wake of the destruction caused by Hurricane Ian and Hurricane Fiona.

Driving the news: The president and the first lady will visit Puerto Rico on Monday and Florida on Wednesday, the White House announced.