Jan 5, 2019

"Superstars" could take on a negative connotation in 2019

Illustration: Rebecca Zisser/Axios 

For a year, the term "superstar" — in a business context — has referred to outsized cities, companies and individuals who stand heads and shoulders above their peers in terms of achievements like wealth and stature.

Over the coming year, look for the description to assume a more pejorative connotation, as "superstar" and "inequality" meld into one negative new zeitgeist. 

What's next: We have already seen Big Tech creating more jobs outside the coasts — in Dallas and Austin, Charlotte and Nashville, and elsewhere.

  • But look for pressure on big companies across industries to share the wealth by creating affiliates and more jobs outside the biggest cities.
  • Also expect a drumbeat for a breakup of some of these same companies, along with a rollback of mergers — the knives are already out for Amazon and Google, for instance — against what some economists say is the greatest concentration of economic power since the 1930s.

Go deeper

Government tech struggles to dole out coronavirus stimulus cash

Illustration: Eniola Odetunde/Axios

Tech challenges are hampering federal and state government efforts to get funds from the $2 trillion coronavirus relief law into the hands of newly unemployed workers and struggling small businesses who need it.

Why it matters: Many businesses and individuals need the money now for essentials, including meeting payroll and paying rent.

U.S. coronavirus updates: Death toll passes 9,600

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Andrew Witherspoon/Axios

Recorded deaths from the novel coronavirus surpassed 9,600 in the U.S. on Monday, per Johns Hopkins data. More than 1,000 people in the U.S. have died of coronavirus-related conditions each day since April 1.

Why it matters: U.S. Surgeon General Jerome Adams said on Sunday the coming week will be "the hardest and saddest week of most Americans' lives" — calling it our "our Pearl Harbor, our 9/11 moment."

Go deeperArrowUpdated 1 hour ago - Health

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 10 a.m. ET: 1,289,380 — Total deaths: 70,590 — Total recoveries: 270,372Map.
  2. U.S.: Total confirmed cases as of 10 a.m. ET: 337,971 — Total deaths: 9,654 — Total recoveries: 17,582Map.
  3. Federal government latest: White House adviser Peter Navarro defends hydroxychloroquine use in heated CNN interview after he battled Anthony Fauci in the Situation Room over its use.
  4. Public health latest: Health care workers vs. the coronavirus
  5. Trump latest: The pandemic may delay a Supreme Court case on the president's tax returns, sparing him from having to release them before the 2020 election.
  6. World update: U.K. Prime Minister Boris Johnson was admitted to the hospital as a "precautionary step."
  7. What should I do? Pets, moving and personal health. Answers about the virus from Axios expertsWhat to know about social distancingQ&A: Minimizing your coronavirus risk.
  8. Other resources: CDC on how to avoid the virus, what to do if you get it.

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