Chuck Schumer and Nancy Pelosi. Photo: Chip Somodevilla via Getty Images
Senate Minority Leader Chuck Schumer and House Speaker Nancy Pelosi's televised response to President Trump on Tuesday night got higher ratings than Trump's address, The Hill reports.
By the numbers: Schumer and Pelosi's rebuttal got a combined 29.3 rating on NBC, Fox News, CNN, CBS, MSNBC and ABC, according to early numbers from Nielsen. Trump's address had a 28.1 rating on those same networks.
Illustration: Eniola Odetunde/Axios
BodyArmor is making noise in the sports drink market, announcing seven new athlete partnerships last week, including Christian McCaffrey, Sabrina Ionescu and Ronald Acuña Jr.
Why it matters: It wants to market itself as a worthy challenger to the throne that Gatorade has occupied for nearly six decades.
The S&P 500 nearly closed at an all-time high on Wednesday and remains poised to go from peak to trough to peak in less than half a year.
By the numbers: Since hitting its low on March 23, the S&P has risen about 50%, with more than 40 of its members doubling, according to Bloomberg. The $12 trillion dollars of share value that vanished in late March has almost completely returned.
Illustration: Sarah Grillo/Axios
Facing enormous financial pressure and uncertainty around reopenings, media companies are giving up on their years-long building leases for more permanent work-from-home structures. Others are letting employees work remotely for the foreseeable future.
Why it matters: Real estate is often the most expensive asset that media companies own. And for companies that don't own their space, it's often the biggest expense.