Get the latest market trends in your inbox

Stay on top of the latest market trends and economic insights with the Axios Markets newsletter. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

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

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

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Denver news in your inbox

Catch up on the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Des Moines news in your inbox

Catch up on the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Minneapolis-St. Paul news in your inbox

Catch up on the most important stories affecting your hometown with Axios Minneapolis-St. Paul

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tampa-St. Petersburg news in your inbox

Catch up on the most important stories affecting your hometown with Axios Tampa-St. Petersburg

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Illustration: Aïda Amer/Axios

U.K. Prime Minister Theresa May still has her job. Rebels in her Conservative Party forced a no-confidence vote in objection to her Brexit plan, but did not convince a majority of the party's members of Parliament to oust her. The final vote was 200-117 in May's favor.

What's next: May is severely weakened. In an effort to secure her short-term survival, she said she would not be a candidate in the next general election. That election could come long ahead of schedule — odds of a parliamentary deadlock over her plan still look high, and her government could well collapse before she sees Brexit through. One upside for her: The hardline Brexiteers are now weakened too after their plot to topple her failed.

What they're saying:

  • FT: "May was forced to tell MPs she would not lead the Tories into the next election, while the confidence vote brought into the public glare the scale of the enmity now felt within her party."
  • The London Times: "The margin was far less than Downing Street had hoped for and looks certain to create more political uncertainty."
  • BBC: "[T]he margin of victory is a 'real blow' to the PM's authority."
  • The Telegraph's Europe editor: "EU diplomats continue to look on with a mixture of pity, frustration and despair as British democracy wrestles with the many-headed Hydra that is Brexit, and the hard choices it poses."

What's next: May gave brief remarks from Downing Street after the vote, saying she was "pleased" with the result and ready to “get on with the job of delivering Brexit for the British people.”

  • "She is now expected to travel to a summit in Brussels on Thursday to continue trying to persuade EU leaders to change the deal — they have previously said it can not be renegotiated," per BBC.

Go deeper

Salesforce rolls the dice on Slack

Illustration: Sarah Grillo/Axios

Salesforce's likely acquisition of workplace messaging service Slack — not yet a done deal but widely anticipated to be announced Tuesday afternoon — represents a big gamble for everyone involved.

For Slack, challenged by competition from Microsoft, the bet is that a deeper-pocketed owner like Salesforce, with wide experience selling into large companies, will help the bottom line.

FBI stats show border cities are among the safest

Data: FBI, Kansas Bureau of Investigation; Note: This table includes the eight largest communities on the U.S.-Mexico border and eight other U.S. cities similar in population size and demographics; Chart: Naema Ahmed/Axios

U.S. communities along the Mexico border are among the safest in America, with some border cities holding crime rates well below the national average, FBI statistics show.

Why it matters: The latest crime data collected by the FBI from 2019 contradicts the narrative by President Trump and others that the U.S.-Mexico border is a "lawless" region suffering from violence and mayhem.

Miriam Kramer, author of Space
46 mins ago - Science

The rise of military space powers

Illustration: Aïda Amer/Axios

Nations around the world are shoring up their defensive and offensive capabilities in space — for today's wars and tomorrow's.

Why it matters: Using space as a warfighting domain opens up new avenues for technologically advanced nations to dominate their enemies. But it can also make those countries more vulnerable to attack in novel ways.