May 3, 2019

Uber floors Travis Kalanick on IPO day

Illustration: Lazaro Gamio/Axios

Uber CEO Dara Khosrowshahi has decided against inviting predecessor Travis Kalanick to join him on the New York Stock Exchange balcony during next Friday's bell-ringing ceremony, according to multiple sources.

Details: Instead, Kalanick has been offered to be on the NYSE floor, alongside other company directors. No word yet on if he plans to attend.

Why it matters: Kalanick co-founded Uber and led the majority of its growth before being forced out in mid-2017. He had asked during a recent board meeting to participate in the bell-ringing, alongside Khosrowshahi and a group of longtime Uber executives and drivers, but Khosrowshahi was noncommittal at the time.

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Trump administration asks Congress for $2.5 billion to fight coronavirus

President Trump with Health and Human Services Secretary Alex Azar at the White House in September. Photo: Chip Somodevilla/Getty Images

The Trump administration sent a request to Congress Monday for a funding commitment of at least $2.5 billion to help combat the spread of the novel coronavirus, a spokeswoman confirmed to Axios.ยท

Details: The request for a lump sum account for the Department of Health and Human Services includes $1.25 billion in new funds to fight COVID-19 and $535 would come from untouched funds for the Ebola virus.

WHO won't call coronavirus a pandemic as cases spread

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens.

The World Health Organization will not yet call the coronavirus a pandemic, claiming that needs across affected countries are too varied and the classification would increase fear, per a briefing Monday.

The big picture: As South Korea and Italy stepped up emergency measures in efforts to thwart the spread of the virus, WHO expressed concern about infections with no clear link to China. COVID-19 has killed at least 2,620 people and infected almost 80,000 others, with all but 27 deaths occurring in mainland China.

Go deeperArrowUpdated 3 hours ago - Health

The global scramble to contain the coronavirus

Taking precaution, in the Philippines. Photo: Ezra Acayan/Getty Images

The coronavirus is spreading quickly in cities nowhere near Wuhan, China, and the window to prevent a global pandemic is narrowing.

Zoom in: Here's a look at what comes with a coronavirus outbreak in communities outside China that have been hardest hit so far.

Go deeperArrow3 hours ago - World