Axios Re:Cap

Axios Re:Cap

Each weekday afternoon, Axios' Dan Primack unpacks the biggest story of the day and why it matters. 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.

Episodes

June 19, 2021 15 min
The latest episode of our Hard Truths series examining systemic racism in America takes a look at the multi-billion dollar marijuana industry. Today: the obstacles that two Black Latinas had to overcome when they chose to start their own businesses in the overwhelmingly white marijuana industry. Guest: Chanda Macias, CEO of Ilera Holistic Healthcare, and Women Grow and Gia Morón, CEO of GVM Communications and president of Women Gro...
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Ahead of Juneteenth, now a federal holiday, we examine how America's economy remains marred by the legacies of slavery and racial discrimination. Dan is joined by McKinsey & Co.’s Shelley Stewart III and Michael Chui to discuss a new report from the McKinsey Global Institute and McKinsey’s Institute for Black Economy Mobility, digging into the economic inequities between Black and white Americans, including massive wage and...
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Last week, House lawmakers introduced a series of five bipartisan bills designed to curb the power of big tech, which seemed to target Apple, Amazon, Facebook and Google in all but name. Dan speaks with Rep. David Cicilline, chair of the House antitrust committee and a sponsor on most of the bills, to learn how Congress plans to get these bills over the finish line amidst a full slate of Congressional priorities and in the wake of ...
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June 16, 2021 15 min
America didn't have enough affordable housing before the pandemic, and the problem has only gotten worse due to a frenzied housing market and a looming end to foreclosure and eviction moratoriums. Dan digs into what can be done to increase the country's affordable housing stock, both on a policy level and in the private sector. Our guest is Colleen Briggs of J.P. Morgan Chase, which this morning issued a set of policy recom...
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June 15, 2021 16 min
The COVID-19 pandemic shed light on and exacerbated the structural problems in the U.S. mental health care system — which often requires patients to seek out care and pay out of pocket for it. Demand for mental health services has skyrocketed, and therapists have repeatedly reported difficulty meeting demand.   Axios Re:Cap is joined by Chris Molaro, CEO of NeuroFlow, to discuss gaps in the mental health care system and how mental ...
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June 14, 2021 15 min
Sotheby’s last week auctioned off the first fine art NFT ever created, a landmark moment in the transformation of art from the physical to the digital. The winning bid was nearly $1.5 million. Axios Re:Cap goes deeper, to understand how the fine art and cryptocurrency worlds are colliding, including a conversation with Kevin McCoy, the artist whose work was just auctioned off. Learn more about your ad choices. Visit megaphone.fm/ad...
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Vice President Kamala Harris this week went on her first foreign trip since taking office, visiting Guatemala and Mexico to address what she refers to as the root causes of mass migration, after the U.S. saw the largest number of border apprehensions in 20 years. Axios Re:Cap speaks with Juan Gonzalez, special assistant to President Biden and National Security Council Senior Director for the Western Hemisphere, about what Harris ac...
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June 10, 2021 15 min
Federal authorities this week announced that they successfully traced and recovered most of the Bitcoin that had been paid by Colonial Pipeline to a ransomware gang called DarkSide, following last month’s hack that had shut off gasoline supplies to much of the East Coast. Axios Re:Cap digs into the battle between law enforcement and crypto hackers, including what it means for future ransomware attacks and how ransomware has become ...
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This Saturday, Democrats in America’s largest city will be asked to begin picking their nominee for mayor, a person whose influence is certain to extend beyond the five boroughs. But the voting system is different than anything New York City has used before, and there still isn’t a frontrunner. Dan digs in with Dana Rubinstein, a metro desk reporter with the New York Times, to learn more about the candidates, why crime and policing...
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Senate Democrats and Republicans today are expected to overwhelmingly pass a $247 billion spending package focused on competing with China on technology.  Dan is joined by California Democrat Rep. Ro Khanna, who cosponsored this bill and who has been concerned about this issue and the ramifications for the U.S. of falling behind since he first campaigned for office. Learn more about your ad choices. Visit megaphone.fm/adchoices
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West Virginia’s two Senators, Democrat Joe Manchin and Republican Shelley Moore Capito, each have disproportionate power to determine America's legislative future, including on voting rights and infrastructure. Dan digs into West Virginia’s moment at the center of America’s political world with Axios congressional reporter Alayna Treene. Plus, Axios space reporter Miriam Kramer joins to discuss Jeff Bezos’s announcement that he...
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June 4, 2021 13 min
Today’s jobs report showed that the U.S. economy added 577,000 jobs in May, which was a very strong number but below what many had been expecting. Dan unpacks the report with Axios business reporters Courtenay Brown and Felix Salmon, who go below the headline numbers and explain what it all means for President Biden’s big spending plans. Plus, we discuss Facebook's decision to ban former President Trump for another two years. L...
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U.S. housing prices are soaring, due to a combination of ultra-low interest rates, sky-high lumber prices and a supply-and-demand imbalance brought on by the pandemic. But with the federal foreclosure moratorium just lifted, things could soon change. Dan speaks with Jeremy Wacksman, COO of real estate tech company Zillow, to better understand what the boom means for consumers and the country, and how long it might last. Learn more ...
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For the second time in as many months, a major part of America’s infrastructure has been held for ransom by cybercriminals. This time is was a hack of JBS, the nation’s largest beef producer, which was forced to take its largest processing facilities offline. Dan speaks with Laura Reiley, The Washington Post’s business of food reporter, about why the country’s meat supply chain is vulnerable, domino effects from the hack and what i...
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The Equal Employment Opportunity Commission on Friday announced that U.S. employers are allowed under federal law to require that workers get coronavirus vaccinations. Dan goes deeper with Carol Miaskoff, the EEOC's acting legal counsel, to learn more about the new guidance, how it interacts with state laws against such requirements and whether further guidance could be coming. Learn more about your ad choices. Visit megaphone....
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America’s small business community is recovering from the pandemic, but large swathes of it haven’t yet recovered. That was the message yesterday from U.S. Small Business Administrator Isabel Guzman, testifying in front of a House Financial Services subcommittee. Dan speaks with Guzman for the final of our six part America's Business Comeback series, about which small businesses still need help and what the SBA plans to do abou...
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Most small business stories from the pandemic are about about pivoting or perishing, but there's also been an unexpected surge in new small business creation. One example is Agua Bonita, a canned beverage company that launched last year after both of its co-founders were laid off. Dan talks with Agua Bonita co-founder Kayla Castañeda and Techstars founder David Cohen about what it was like for startups over the past 14 months a...
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Buford Highway is a 10-mile stretch near Atlanta that's home to over 1,000 immigrant-owned small businesses. It's a constellation of home-away-from-homes, particularly for Asian and Latino communities. Dan speaks with Lily Pabian, executive director of the We Love Buford Highway nonprofit, about how the pandemic, the rise in anti-Asian hate crimes and the nearby spa murders impacted Buford Highway's small business commu...
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As the U.S. economy was staring into the pandemic abyss in March 2020, Congress passed a $2.2 trillion stimulus package that included the Paycheck Protection Program (PPP) to quickly get forgivable loans to small businesses, so they could keep workers on payrolls. Dan digs into the creation and roll out of the PPP, from the multi-day negotiations and late night phone calls to estimations of how many businesses it helped, with forme...
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George Floyd's murder, one year ago today, and the surge of support for Black own-small businesses that followed "had an unprecedented impact," according to Shelly Bell, CEO of Black Girl Ventures. Dan speaks with Bell in the second of its six-part series America's Business Comeback, about what 2020 meant for Black-owned small businesses and where things stand today. We also share the first of our conversations with...
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