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Axios Re:Cap

Author: Axios

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Each weekday afternoon, Axios business editor Dan Primack unpacks the biggest story of the day and why it matters. In 10 minutes, Dan and his guests - global business leaders, influential political operators, and reporters chasing huge scoops - take you inside the accelerating forces, technologies and trends that are remaking your world and work. 

About Axios: Axios is a digital media company launched in 2017. Axios - which means “worthy” in Greek - helps you become smarter, faster with news and information across politics, tech, business, media, science and the world. Subscribe to our newsletters at axios.com/newsletters and download our mobile app at axios.com/app 

About Dan Primack: Dan is the host of Axios Re:Cap. He is also a business editor at Axios and author of the daily Axios Pro Rata newsletter where he covers the world of dealmakers across VC, PE and M&A. Previously, he was a senior editor at Fortune magazine and Thomson Reuters. 

427 Episodes
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As stimulus negotiations drag on, Democrats and Republicans seem unable to agree on whether to include coronavirus-related liability protections for businesses, health facilities and schools — a decision that could reset the cost-benefit analysis for businesses thinking about reopening and employees considering a return to work. Dan digs into this debate with U.S. Chamber of Commerce EVP and chief policy officer Neil Bradley. Learn more about your ad choices. Visit megaphone.fm/adchoices
President Trump relaxed his threat to ban the popular social media app TikTok, giving Microsoft room to negotiate an acquisition from Chinese tech giant ByteDance. Dan is joined by Peter Navarro, President Trump’s top trade adviser and a noted China hawk, to discuss the White House's current stance on TikTok, on Microsoft's operations in China, and on the deal. Learn more about your ad choices. Visit megaphone.fm/adchoices
We are on track for a more complicated voting process this fall than in any past election of our lifetimes. There are concerns around safety in the middle of a pandemic, security, logistics, access and more. Dan is joined by Ohio Secretary of State Frank LaRose, who explains why it could take weeks to know results from his state and why he remains confident in the process. Learn more about your ad choices. Visit megaphone.fm/adchoices
Last year, nearly the entire editorial staff of media site Deadspin quit in protest over interference in their editorial decisions by management. Now, most of them have reunited to form a new company called Defector Media, which will rely on a paid subscription model and no outside investment. Dan discusses the Deadspin walkout, the new project and this new business model with Defector's Giri Nathan. Learn more about your ad choices. Visit megaphone.fm/adchoices
The chief executives of Apple, Amazon, Facebook and Google testified about antitrust issues in front of a House Judiciary subcommittee on Wednesday. It was the highest-profile showdown to date in the increasingly fraught relationship between Washington and Silicon Valley, which could culminate in efforts to break up one, or more, of the companies. Dan was joined by subcommittee chair Rep. David Cicilline (D-R.I.) after the hearing ended to discuss what the committee learned, why he wanted the four CEOs to testify together, and which companies he thinks should be broken up. Learn more about your ad choices. Visit megaphone.fm/adchoices
Live music venues were among the first businesses to close during the pandemic and will be among the last to reopen. In the meantime, many are facing financial ruin. Dan is joined by Sen. Amy Klobuchar, who is co-sponsoring a new bailout bill with Sen. John Cornyn aimed at helping independent venues. Learn more about your ad choices. Visit megaphone.fm/adchoices
The White House and Senate Majority Leader Mitch McConnell this afternoon rolled out their proposal for the next federal stimulus. They have major disagreements with the Democrats who they'll need to get it passed — and it’s possible that no issue will be more contentious than unemployment benefits. The extra $600 per week payments allocated by the CARES Act are due to expire on Friday. Dan digs into the negotiations ahead with Wall Street Journal Congress reporter Andy Duehren. Learn more about your ad choices. Visit megaphone.fm/adchoices
Americans seem resigned to the idea that life won't return to normal until we have an approved and widely-distributed vaccine for COVID-19, but vaccine optimism could be undermining other efforts to control the spread of the virus. Dan is joined by Tom Frieden, who led the Centers for Disease Control from 2009 to 2017, to discuss how realistic it is to hope for a vaccine by year-end — and what will still need to happen even when we have it. Learn more about your ad choices. Visit megaphone.fm/adchoices
This week, Sen. Josh Hawley (R-Mo.) introduced legislation aimed at stemming the use of forced labor by American corporations — particularly those that run much of their supply chain through China. Hawley joins Dan to discuss what his bill covers, what’s happening to China's persecuted Uighurs, why his bill doesn't address U.S. prison labor, and what he sees as corporate America's hypocrisy. Plus, his thoughts on the new federal stimulus negotiations. Learn more about your ad choices. Visit megaphone.fm/adchoices
Hedge fund titan Bill Ackman today raised $4 billion in an IPO on the New York Stock Exchange — but it wasn’t for a company, or even for the firm that controls his hedge funds. It was for something called a SPAC, a special purpose acquisition company, and it was the largest SPAC IPO of all time. Dan is joined by Ackman to discuss why SPACs have become so popular and what Ackman has learned since 2012, when he used a SPAC to bring Burger King public. Learn more about your ad choices. Visit megaphone.fm/adchoices
Unlike in many other parts of America, Los Angeles isn’t debating whether or not to send students back into physical classrooms. In the time since it was announced that the L.A. Unified School District would be fully-remote through at least the end of 2020, it’s become a stand-bearer on the remote-learning front. L.A. Unified Superintendent Austin Beutner joins Dan to discuss why he made the remote decision, how he distributed devices to students, his vision for contact tracing, and what he thinks about President Trump's funding cut threat. Learn more about your ad choices. Visit megaphone.fm/adchoices
There are around half a million independent restaurants in America, and a recent report found that upwards of 85% of them could go out of business without some sort of direct aid from Congress. Dan discusses the precarious state of the restaurant industry with Ivy Mix, a renowned bartender, co-owner of Leyenda in Brooklyn, and author of Spirits of Latin America, and Steven Soderbergh, the Oscar-winning film director who owns spirit brand Singani 63. Learn more about your ad choices. Visit megaphone.fm/adchoices
Tom Houck counted the late Congressman John Lewis among his closest friends, speaking to him almost daily for the past 45 years. Dan spoke with Tom Houck, who once was Martin Luther King Jr.'s driver, about Lewis' life, legacy and the next generation of civil rights activists. Learn more about your ad choices. Visit megaphone.fm/adchoices
Public health officials almost all agree that wearing masks in public could help flatten the coronavirus curve, but not all elected officials are willing to require mask use. In Georgia, where coronavirus cases are surging, Governor Brian Kemp moved to overrule the mask mandates of 15 cities. Dan digs in with Savannah Mayor Van Johnson, whose city was the first in the state to issue a mandate. Learn more about your ad choices. Visit megaphone.fm/adchoices
Inside the NBA bubble

Inside the NBA bubble

2020-07-1612:37

The National Basketball Association is scheduled to resume the season that it abruptly suspended in March in just two weeks. Until then and through the season, players, coaches, support staff, and even NBA reporters are sequestered in Disney World. The NBA’s Disney bubble is being watched closely — not just for the sport, but by all kinds of businesses because if the NBA can't control infections inside the bubble, it increases concerns for everyone else. Dan is joined by the Washington Post's Ben Golliver, one of 10 NBA beat reporters currently inside the bubble. Learn more about your ad choices. Visit megaphone.fm/adchoices
Stocks rose today on promising new COVID-19 vaccine data from Moderna Therapeutics — the latest news cycle in which vaccine optimism outpaces the science. Dan is joined by Dr. Richard Besser, former acting director of the CDC and current CEO of the Robert Wood Johnson Foundation, to dig into what Moderna’s report can tell us, what it can’t tell us, what comes next in the vaccine race, and where the CDC fits into the picture. Learn more about your ad choices. Visit megaphone.fm/adchoices
Gun sales in America have surged since the pandemic began, with 7.8 million background checks run for firearms purchases between March and June. Dan is joined by Wall Street Journal reporter Zusha Elinson who has been reporting on the spike in sales, around 40% of which are by first-time buyers, and what is motivating this trend. Learn more about your ad choices. Visit megaphone.fm/adchoices
In parts of the country, including states where coronavirus cases are surging, the start of the school year is just weeks away. Yet the nation seems to be getting further from a consensus on if and how schools should reopen for in-person learning. Randi Weingarten, president of the American Federation of Teachers, joins Dan to discuss teachers’ concerns, the resources schools need to safely reopen, and what education might look like this fall. Plus, auto entrepreneur Henrik Fisker joins Dan to discuss why electric vehicles are having a stock market moment on the day that his company Fisker agreed to be acquired. Learn more about your ad choices. Visit megaphone.fm/adchoices
Outbreaks in cities like New York, Miami and Houston have gotten a lot of attention, but coronavirus is hitting rural areas, too, and while it can be easier to socially distance in rural America, it is often harder to get medical care. Georgia-based microbiologist Amber Schmidtke has found that coronavirus-related morbidity is higher in many of Georgia's rural counties than in Atlanta, and she joins Dan to discuss the urban-rural health care divide. Learn more about your ad choices. Visit megaphone.fm/adchoices
Joe Biden returned to his hometown of Scranton, Pennsylvania today to give his first major speech on economic policy since becoming the Democratic Party’s presumptive presidential nominee. Former U.S. Commerce Secretary Penny Pritzker is a campaign advisor and surrogate, and she joins Dan to discuss Biden's economic plans, how they were developed, and how they may change. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Comments (1)

adam meredith

I hope this slave labor bill applies to prison labor...

Jul 23rd
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