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United Kingdom Prime Minister Boris Johnson Photo: Frank Augstein/AP

If the U.K.'s Brexit vote foreshadowed Donald Trump’s victory in 2016, yesterday's landslide for Boris Johnson could be a warning sign for America's liberal Democrats in 2020.

Why it matters: It's a reminder that mainstream voters hesitate to embrace radical change. And voters who are uneasy about an incumbent won’t necessarily choose the opposition party if they don’t like its leaders.

Being there: Big-screen TVs carried live election results from the BBC last night at a watch party at the British Embassy on Massachusetts Avenue, as waiters passed around fish and chips and champagne. 

  • Charge d'affaires Michael Tatham — a new ambassador hasn't been named — welcomed guests who included RNC Chair Ronna McDaniel and some Trump White House officials.
  • Tatham joked that he's asked so regularly whether things are more tumultuous in Britain or America, he has a pat answer: The U.K. gets a five-hour head start every day, but "by lunchtime the U.S. has generally caught up."

Go deeper:

Go deeper

31 mins ago - Technology

Facebook Oversight Board overturns 4 of its 5 first cases

Illustration: Aïda Amer/Axios

Facebook's independent Oversight Board published its first set of decisions Thursday, overturning 4 of the 5 cases it chose to review out of 20,000 cases submitted.

Why it matters: The decision to go against Facebook's conclusions in 4 out of 5 instances gives legitimacy to the Board, which is funded via a $130 million grant from Facebook.

New York AG: State severely undercounted COVID nursing home deaths

Gov. Andrew Cuomo. Photo: Lev Radin/Pacific Press/LightRocket via Getty Images

Data from New York's public health department undercounted COVID-19-related deaths in nursing homes by as much as 50%, according to a report released Thursday by state Attorney General Letitia James.

The big picture: Gov. Andrew Cuomo's administration did not include nursing home patients who died after being transferred to the hospital in its tally of over 8,500 nursing home deaths, according to the report. Data provided to the attorney general's office from 62 nursing homes "shows a significantly higher number of resident COVID-19 deaths can be identified than is reflected" in the official count.

Trading platforms curb trading on high-flying Reddit stocks

Major trading platforms including Robinhood, TDAmeritrade and Interactive Brokers are restricting — or cutting off entirely — trading on high-flying stocks like GameStop and AMC Entertainment.

Why it matters: It limits access to the traders that have contributed to the wild Reddit-driven activity of the past few days — a phenomenon that has gripped Wall Street and the country.