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Democratic Wisconsin Rep. Ron Kind to retire, vacating competitive swing seat

Rep. Ron Kind (D-Wisc.) will announce Tuesday that he will not seek reelection to represent Wisconsin's 3rd Congressional District after serving since 1997, according to the Milwaukee Journal Sentinel.

Why it matters: Kind's retirement creates a wide-open race in one of the most competitive districts in Wisconsin and damages Democrats' chances at holding their U.S. House majority.

The big picture: His heavily rural district voted for former President Trump in the last two presidential elections, and Kind, a moderate, in 2020 only narrowly beat Republican Derrick Van Orden, who is running again.

  • Democrats currently only hold an eight-seat majority in the House.

Thought bubble from Axios' Alayna Treene: "Kind retiring spells trouble for Democrats, who are trying to hold onto their slim majority in the House. Kind's heavily rural district voted for former President Trump by more than 4 points in both 2016 and 2020.

  • "Key House GOP campaign officials are already buzzing about the money they expect to save now that Kind is out, given it's a top battleground for them in 2022."

Go deeper: Former Bill Clinton advisor outlines headwinds Dems face in 2022

Editor's Note: This story has been updated.

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When Aileen Lee originally coined the term "unicorn" in late 2013, she was describing the 39 "U.S.-based software companies started since 2003 and valued at over $1 billion by public or private market investors."

Flashback: It got redefined in early 2015 by yours truly and Erin Griffith, in a cover story for Fortune, as any privately-held startup valued at $1 billion or more. At the time, we counted 80 of them.

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Why it matters: The changes could reduce traffic to some news publishers, particularly companies that post a lot of political content.

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Why it matters: As with Amazon's efforts in podcasting and music subscriptions, the company sees live audio as a way to bolster the types of content it can offer through its voice assistant, Alexa, and its smart speaker products.

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Hurricane Ida exposes America's precarious energy infrastructure

The powerful hurricane that plunged New Orleans into darkness for what could be weeks is the latest sign that U.S. power systems are not ready for a warmer, more volatile world.

The big picture: “Our current infrastructure is not adequate when it comes to these kinds of weather extremes,” Joshua Rhodes, a University of Texas energy expert, tells Axios.

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"We must go further": 70% of adults in European Union are fully vaccinated

About 70% of adults in the European Union are fully vaccinated against COVID-19, Ursula von der Leyen, the president of the European Commission, said Tuesday.

Why it matters: The milestone makes the E.U. one of the world's leaders in inoculations, after an initially lagging vaccine campaign, the New York Times notes.

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What Elizabeth Holmes jurors will be asked ahead of fraud trial

Jury selection begins today in USA v. Elizabeth Holmes, with the actual jury trial to get underway on Sept. 8.

Why it matters: Theranos was the biggest fraud in Silicon Valley history, putting both hundreds of millions of dollars and thousands of patients' health at risk.

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