Jun 8, 2017

What you missed during Comey’s testimony

Lazaro Gamio / Axios

  • The Dow Jones hit a record high toward the end of Comey's testimony before dipping.
  • Voters in the U.K. are going to the polls to decide between Conservative Prime Minister Theresa May and Labour leader Jeremy Corbyn.
  • Iran's foreign minister called President Trump's statement about attacks in Tehran "repugnant." Trump had said, "We underscore that states that sponsor terrorism risk falling victim to the evil they promote."
  • The House of Representatives is preparing to vote on the Financial Choice Act, a bill that will overturn Dodd-Frank regulations. It is expected to pass with just Republican support.
  • Kris Kobach, Kansas' Secretary of State, announced that he will run for governor, citing a need to "drain the swamp" in Topeka.
  • The National Domestic Workers Alliance released a report which concluded that black women are underrepresented in elected office despite high rates of political engagement, per the Washington Post.

Go deeper

Coronavirus kills 2 Diamond Princess passengers and South Korea sees first death

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. U.S. numbers include Americans extracted from Princess Cruise ship.

Two elderly Diamond Princess passengers have been killed by the novel coronavirus — the first deaths confirmed among the more than 600 infected aboard the cruise ship. South Korea also announced its first death Thursday.

The big picture: COVID-19 has now killed more than 2,200 people and infected over 75,465 others, mostly in mainland China, where the National Health Commission announced 118 new deaths since Thursday.

Go deeperArrowUpdated 6 hours ago - Health

SoftBank to cut its stake to get T-Mobile's Sprint deal done

Illustration: Rebecca Zisser/Axios

T-Mobile and Sprint announced a revised merger agreement that will see SoftBank getting a smaller share of the combined company, while most shareholders will receive the previously agreed upon exchange rate. The companies said they hope to get the deal as early as April 1.

Why it matters: The amended deal reflects the decline in Sprint's business, while leaving most shareholders' stake intact and removing another hurdle to the deal's closure.