Axios agreed to sell to Cox Enterprises for an estimated $525 million, the companies announced on Monday.
Cox Enterprises, a global media company with 50,000 employees, is Axios’ most recent lead investor.
Axios CEO and co-founder Jim VandeHei celebrated the deal.
“This is great for Axios, for our shareholders and American journalism. It allows us to think and operate generationally, with a like-minded partner — and build something great and durable that lives long after we are gone,” he said, Axios reported.
The Democrats’ reconciliation package will likely include more than $500 billion worth of climate provisions, more than the entire Department of Energy budget, the White House said, according to The Hill.
The budget represents an opportunity for “historic investment in climate change,” White House Chief of Staff Ron Klain said during an event hosted by The Hill on Tuesday evening. The likely price tag for climate programs included in the bill is likely to fall somewhere between $500 billion and $555 billion, Axios previously reported.
Liberal tech billionaire Reid Hoffman, a funder of numerous disinformation projects, is backing a new media venture launched Tuesday that seeks to combat disinformation, according to a report.
Hoffman, the founder of LinkedIn, joined ranks with financier George Soros to fund Good Information Inc., which will “fund and scale businesses that cut through eco chambers with fact-based information,” Axios reported.
Americans’ trust in President Joe Biden to offer accurate information on COVID-19 is at its lowest point ever, according to a new poll.
Just 45% of Americans say they trust Biden to give them correct information on the coronavirus, while 53% say they don’t trust him very much or not at all, according to the results of the Axios/Ipsos Coronavirus Index, conducted between Sept. 24-27. Trust in Biden has dropped substantially since the president took office, with 58% saying they trusted Biden in an Axios/Ipsos poll conducted between Jan. 22-25.
Similarly, only 49% of Americans say they trust the federal government to provide accurate COVID-19 information, down from 54% two weeks ago.
A majority of respondents believe that the federal government should push policies that reduce income inequality in the United States, according to a poll released Friday by Axios.
The Axios poll shows 66% of respondents say the government should work to lower the level of income distributed unevenly, up 4% compared to 2019.
Republicans surveyed who agreed the government should tackle income inequality increased by 5%, and Independents who responded similarly increased by 2%, according to the poll. Democrats saw an increase of 7% in favor of such policies compared to 2019.
Immigration cases deciding if migrants will be legally allowed to stay in the U.S. have doubled since 2017, according to migration data released Monday.
Over 1.3 million cases are pending, with more than 110,000 pending in New York courts alone, according to Syracuse University’s Transactional Records Access Clearinghouse (TRAC). Migrants wait an average of two and a half years for a judge to decide their case, Axios reported Monday.
“The number of pending deportation cases more than doubled during the Trump administration, but the court backlog still continues to grow under the Biden administration,” TRAC Assistant Professor Austin Kocher told the Daily Caller News Foundation Tuesday.
Thousands of illegal immigrants are living in overcrowded conditions in a Texas border facility, and leaked photos of the shockingly squalid situation have emerged online.
Monday morning, both Axios, and Project Veritas released photographs from a U.S. Customs and Border Protection temporary overflow facility in Donna, Texas, where an average of 3,000 men, women, and children have been packed like sardines into nightmarish “pods” until the government’s longer-term child shelters and family detention facilities are available.
Rep. Henry Cuellar (D-Texas) provided photos to Axios of the crowded conditions “to raise awareness about the situation.” According to Cueller, “one pod held more than 400 unaccompanied male minors.”
Former Vice President Joe Biden is not mentally fit for the presidency, and he would likely become a “puppet” for the “deep state,” several Michigan of swing voters said during an Axios focus group session released Monday.
The focus group included nine people who voted for former President Barack Obama in 2012 but voted for President Donald Trump in 2016. Seven of the nine swing voters said would vote for Trump in November’s election, Axios noted in a report Monday on the group.
by Mary Margaret Olohan Democratic Michigan Gov. Gretchen Whitmer said she censors her criticisms of President Donald Trump to ensure that Michigan continues to receive aid from the federal government. Asked in an Axios interview if she censors her comments about POTUS “for the sake of continuing to receive federal assistance,”…