Illustration: Aïda Amer/Axios
Textbook publishers Cengage and McGraw-Hill on Monday announced the termination of their proposed $5 billion merger, which was originally announced in May 2019.
The bottom line: Lots of M&A deals are being canceled because of the coronavirus, but this one was felled by federal antitrust opposition. The two companies and regulators were unable to agree on what divestitures would be required to gain deal approval.
Illustration: Aïda Amer/Axios
Photo: Drew Angerer/Getty Images
President Trump has not attended a White House coronavirus task force meeting in “several months,” NIAID director Anthony Fauci told MSNBC on Friday.
Why it matters: At the beginning of the pandemic, the task force, led by Vice President Mike Pence, met every day, but in the "last several weeks," members have held virtual meetings once a week, Fauci said, even as the number of new cases continues to surge in the country.
People wear face masks outside Grand Central Terminal in New York City. Photo: Noam Galai/Getty Images
Nearly 130,000 fewer people will die of COVID-19 this winter if 95% of Americans wear face masks in public, according to research published Friday.
Why it matters: “Increasing mask use is one of the best strategies that we have right now to delay the imposition of social distancing mandates," Dr. Christopher Murray of the University of Washington told the N.Y. Times.