World First, a British money transfer and currency exchange company backed by FTV Capital, is shutting its longstanding U.S. operations to defend against possible regulatory challenges to a planned £700 million takeover by China's Ant Financial.

Why it matters: Such extreme measures could become the new normal for non-U.S. companies seeking acquisition by Chinese tech giants. The Financial Times' Nicholas Megaw & Louise Lucas note: "The decision comes almost exactly a year after Ant Financial, the digital payments affiliate of Chinese e-commerce giant Alibaba, was forced to abandon a proposed $1.2 billion proposal to buy MoneyGram, a U.S. money transfer business."

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2 hours ago - Health

U.S. hits highest daily COVID-19 case count since pandemic began

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COVID Tracking Project

The U.S. confirmed at least 83,010 coronavirus cases on Friday, the country's highest daily total since the pandemic started, according to data from the COVID Tracking Project.

By the numbers: Friday's total surpassed the U.S.'s previous record set on July 17 when 76,842 cases were recorded. 

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

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3 hours ago - Health

Fauci: Trump hasn't been to a COVID task force meeting in months

Photo: Drew Angerer/Getty Images

President Trump has not attended a White House coronavirus task force meeting in “several months,” NIAID director Anthony Fauci told MSNBC on Friday.

Why it matters: At the beginning of the pandemic, the task force, led by Vice President Mike Pence, met every day, but in the "last several weeks," members have held virtual meetings once a week, Fauci said, even as the number of new cases continues to surge in the country.