Jeff Chiu / AP

Amid an internally convulsive search for his replacement, Ousted Uber CEO Travis Kalanick "is looking to stay closely involved in strategic and operational decision-making," per a Financial Times front-pager by Leslie Hook in S.F. (subscription):

  • "Kalanick ... sees himself as a potential partner and regular adviser to the new CEO."
  • "Kalanick has remained involved in Uber since his removal, sitting on the search committee for the new chief executive and keeping close tabs on the business."
  • Why it matters: "That approach could present a challenge for the incoming CEO, who will also have the job of filling a number of vacant positions, including chief financial officer and chief operating officer, and working with new investors."

Go deeper

Ben Geman, author of Generate
41 mins ago - Energy & Environment

Oil's turbulent long-term future

Illustration: Aïda Amer/Axios

The oil sector is facing risks from all sides.

Why it matters: Risk in the industry is nothing new. But these are especially turbulent and uncertain times. The industry's market clout has waned, the future of demand is kind of a mystery, and future U.S. policy is too, just to name three.

Meadows on Wray's voter fraud dismissal: "He has a hard time finding emails in his own FBI"

White House chief of staff Mark Meadows dismissed FBI Director Chris Wray's testimony that the U.S. has never historically seen evidence of widespread voter fraud, including by mail, during an appearance on "CBS This Morning" on Friday.

Why it matters: Meadows' statement highlights the Trump administration's strategy to sow doubt in November's election results by challenging the legitimacy of mail-in ballots, which are expected to skew heavily in Democrats' favor.

The next cliff for the unemployed

Illustration: Sarah Grillo/Axios

A program supporting Americans who are typically ineligible for unemployment benefits will expire at the end of the year, with millions still relying on it as the labor market sputters.

Why it matters: The result could be catastrophic for the economic recovery that Wall Street fears is already fragile.

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