Apr 18, 2017

Verizon CEO says no "meeting of the minds" yet for big acquisition

Mel Evans / AP

Verizon CEO Lowell McAdams was on CNBC this morning, and said that while "shareholders expect us to look at every option" when it comes to a possible major acquisition the company has not "seen the architectural fit and we haven't seen a willing seller and a willing buyer that have a meeting of the minds." The company hasn't yet pursued a deal like AT&T's proposed purchase of Time Warner, but has reportedly eyed cable giant Charter Communications.

What's next: Limitations on conversations between wireless carriers involved in a major FCC airwaves sale end next Thursday evening, so look for mergers and acquisition talk to pick up steam then.

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Rashaan Ayesh
1 min ago - Politics & Policy

In photos: George Floyd's North Carolina memorial service

The remains of George Floyd are brought into Cape Fear Conference B Church. Photo: Ed Clemente/POOL/AFP via Getty Images

Hundreds gathered in Raeford, North Carolina to honor George Floyd, whose death in Minneapolis nearly two weeks ago has sparked nationwide protests against police brutality.

The state of play: This is the second memorial for Floyd. A number of his family members remain in Raeford, including his sister. He was born in Fayetteville, North Carolina, The News and Observer reports.

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Axios
Updated 46 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 2 p.m. ET: 6,800,604 — Total deaths: 396,591 — Total recoveries — 2,785,268 — Map.
  2. U.S.: Total confirmed cases as of 2 p.m. ET: 1,908,235 — Total deaths: 109,443 — Total recoveries: 491,706 — Total tested: 19,231,444 — Map.
  3. Public health: Some people are drinking and inhaling cleaning products in attempt to fight coronavirus — Fauci: "Very concerned" about spread of virus amid George Floyd protests — Cities offer free testing for protesters.
  4. Tech: The pandemic is accelerating next-generation disease diagnostics — Robotics looks to copy software-as-a-service model as use of robots accelerates.
  5. Business: Sports, film production in California to resume June 12 after 3-month hiatus
  6. Education: Students and teachers flunked remote learning.
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Rebecca Falconer, Orion Rummler, Rashaan Ayesh
Updated 51 mins ago - Politics & Policy

George Floyd updates

A protester holds a placard reading "Covid kills People, Racism kills Communities" as they attend a demonstration in Manchester, northern England, on June 6, to show solidarity with the Black Lives Matter movement in the wake of the killing of George Floyd. Photo: Paul Ellis/Contributor.

Thousands are gathering for a day of protests in Washington, D.C., almost two weeks after George Floyd's killing. Protesters in Australia and Europe staged anti-racism demonstrations on Saturday as well.

What's happening: A memorial service for Floyd is taking place in Raeford, North Carolina — near where he was born. Gov. Roy Cooper ordered all flags to fly at half-staff to honor Floyd until sunset. Thousands of demonstrators have gathered in Philadelphia and Chicago.

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