Bloomberg charts the rise of Paul Singer, an activist investor who "doesn't worry about his tough reputation. He sees it as a selling point":

  • "Aggressive, tenacious and litigious, ... Paul Singer may be the most feared activist investor in the world — by hedge fund rivals, companies and even countries."
  • "Singer's Elliott Management Corp. ... has targeted the world's biggest mining company, taken on Warren Buffett in a battle for Texas's largest electricity distributor, ousted chief executive officers on both sides of the Atlantic and set off a chain of events that led to the impeachment of South Korea's president."
  • Why it matters: "He started with just $1.3 million from family and friends in 1977, and the fund's investments in equity and debt have since led to at least $93 billion in corporate asset sales and share buybacks."

Go deeper

Updated 21 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Politics: Biden ahead in Wisconsin, Michigan as cases surge in the Midwest.
  2. Health: Trump's testing czar: Surge "is real" and not just caused by more testsMask mandates help control rise in hospitalizations Some coronavirus survivors have "autoantibodies."
  3. Business: Consumer confidence sinking Testing is a windfall.
  4. World: Europe faces "stronger and deadlier" wave France imposes lockdown Germany to close bars and restaurants for a month.
  5. Sports: Boston Marathon delayed MLB to investigate Dodgers player who joined celebration after positive COVID test.
Updated 39 mins ago - Politics & Policy

Supreme Court rejects GOP push to cut absentee ballot deadline in N.C.

Photo: Robert Alexander/Getty Images

The Supreme Court on Wednesday rejected a request by the Trump campaign and other Republicans to shorten North Carolina's deadline for mail-in ballots from nine to three days.

The big picture: This is the latest of a series of decisions over mail-in ballot deadlines in various states.

Hurricane Zeta makes landfall on Louisiana coast as Category 2 storm

A satellite image of Hurricane Zeta. Photo: National Hurricane Center/NOAA

Hurricane Zeta is "battering southeastern Louisiana and southern Mississippi with life-threatening storm surge, high winds, and heavy rain," per the National Hurricane Center.

What's happening: The hurricane was producing maximum sustained winds of nearly 110 mph and stronger gusts after making landfall on the southeastern coast of Louisiana as a Category 2 storm earlier Wednesday.

Get Axios AM in your inbox

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

Please enter a valid email.

Subscription failed
Thank you for subscribing!