Tony Gutierrez / AP

Warren Buffett's Berkshire Hathaway Energy is closing in on a $17.5 billion deal to acquire electric grid giant Oncor, according to the WSJ.

Context: This could pull Oncor out of its parent company's bankruptcy — Energy Future filed for Chapter 11 in 2014 due to falling natural gas prices, in one of the largest-ever corporate bankruptcies.

What's in it for Berkshire Hathaway Energy: It already provides electricity in 18 western and Midwestern states (plus in the UK and Canada), owns renewable generation assets and natural-gas pipelines. If this deal goes through it would connect Berkshire to Oncor's more than 121,000 miles of lines transmitting power in Texas and bring in more steady income, per the FT.

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Trump whisked out of press briefing after shooting outside White House

President Trump was escorted out of a coronavirus press briefing by a Secret Service agent on Monday after law enforcement reportedly shot an armed suspect outside of the White House.

The state of play: Trump returned to the podium approximately ten minutes later and informed reporters of the news. He said the suspect has been taken to the hospital, but was unable to provide more details and said Secret Service may give a briefing later. The president praised the Secret Services agents, saying they do a "fantastic job" and he feels "very safe" with their protection.

This story is developing. Please check back for updates.

Updated 40 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

  1. Global: Total confirmed cases as of 5:30 p.m. ET: 19,952,057 — Total deaths: 732,689 — Total recoveries — 12,150,698Map.
  2. U.S.: Total confirmed cases as of 5:30 p.m. ET: 5,074,059 — Total deaths: 163,275 — Total recoveries: 1,656,864 — Total tests: 61,792,571Map.
  3. Politics: House will not hold votes until Sept. 14 unless stimulus deal is reached.
  4. Business: Richer Americans are more comfortable eating out.
  5. Public health: A dual coronavirus and flu threat is set to deliver a winter from hellAt least 48 local public health leaders have quit or been fired during pandemic.
  6. Sports: The cost of kids losing gym class — College football is on the brink.
  7. World: Europe's CDC recommends new restrictions amid "true resurgence in cases."
Updated 1 hour ago - Health

5 states set single-day coronavirus case records last week

Data: Compiled by Axios; Map: Danielle Alberti/Axios

Five states set new highs last week for coronavirus infections recorded in a single day, according to the COVID Tracking Project and state health departments. Only one state — North Dakota — surpassed a record set the previous week.

Why it matters: This is the lowest number of states to see dramatic single-day increases since Axios began tracking weekly highs in June, and marks a continued decrease from late July.