Rachel Holt. Photo: Tasos Katopodis/Getty Images for Uber Elevate

Rachel Holt, a longtime Uber executive who joined the ride-hailing company in 2011, is leaving Uber to launch a venture capital firm called Construct Capital, according to an internal memo Axios has obtained.

Why it matters: Holt, who started her time at Uber heading its Washington, D.C. operations, was promoted in 2018 to head what it calls "New Mobility," the division that includes bikes, scooters, and public transit partnerships.

Below is an excerpt from an internal email sent by Holt, and obtained by Axios:

"Making a change this this is never a simple decision and, in my case, doubly so. Uber has been my home for nearly 8.5 years and I've grown immensely both personally and professionally in that time. I'll never forget the rush of energy turning on our business in Washington, D.C. in 2011 for the first time, and immediately seeing the 8 available cars we had on the road (that was a lot at the time!) get requested.
I'll always remember where I was when the first moment it dawned on me that we might be onto something big, when I overheard strangers talking about Uber, showing each other this cool new app they had found. I couldn't have been prouder to see the positive impact on drivers across the country when we launched tipping...
And, most recently, spending time in with the NeMo leads in Paris, riding JUMP bikes around the city and seeing firsthand just how much we're changing the city for the better, and realizing how lucky I was to have the opportunity to change the world not once, but twice, on both rides and mobility."

Go deeper: Uber's pre-IPO holders cash in

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Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

  1. Global: Total confirmed cases as of 1 a.m. ET: 20,284,882 — Total deaths: 741,126— Total recoveries: 12,585,473Map.
  2. U.S.: Total confirmed cases as of 1 a.m. ET: 5,141,208 — Total deaths: 164,537 — Total recoveries: 1,714,960 — Total tests: 63,252,257Map.
  3. States: Georgia reports 137 coronavirus deaths, setting new daily record Florida reports another daily record for deaths.
  4. Health care: Trump administration buys 100 million doses of Moderna's coronavirus vaccine.
  5. Business: Moderna reveals it may not hold patent rights for vaccine.
  6. Sports: Big Ten scraps fall football season.
  7. World: Anthony Fauci "seriously" doubts Russia's coronavirus vaccine is safe

Ilhan Omar wins Minnesota primary

Photo: Stephen Maturen/Getty Images

Rep. Ilhan Omar (D-Minn.) won the Democratic primary against lawyer Antone Melton-Meaux on Tuesday evening, AP reports.

Why it matters: The race is one that's played out across the U.S. as progressives continue to sweep party nominations. Omar's win officially means all four progressive members of "The Squad" have won their primary elections.

Updated 4 hours ago - Politics & Policy

25 face felony charges after downtown Chicago hit by looters

Police officers inspect a damaged Best Buy in Chicago that was looted and vandalized. Photo: Scott Olson/Getty Images

Local police officers are seeking felony charges in 25 cases following the arrest of 100 people in the wake of widespread looting and property damage in Chicago on Monday, per the Washington Post.

Driving the news: Law enforcement said the event involving hundreds of people was a coordinated response after an officer shot a suspect Sunday evening, according to CBS Chicago.