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Lori Loughlin sentenced to 2 months in prison in college bribery scandal

"Full House" actress Lori Loughlin, who became the face of the college admissions bribery scandal, was sentenced to two months in prison on Friday.

The state of play: Loughlin and her husband, Mossimo Giannulli, pleaded guilty earlier this year over their involvement in a scheme to bribe coaches to allow their two children to be admitted into the University of Southern California as fake athletic recruits.


  • Loughlin also must pay a fine of $150,000 and take part in 150 hours of community service.
  • Giannulli was sentenced to five months in federal prison. He will pay a $250,000 fine and serve 250 hours of community service. He will not have to surrender until November.

Go deeper ... Timeline: The major developments in the college admissions scandal

What to expect out of Janet Yellen as Treasury secretary

A face familiar to Wall Street is back as a central player that this time will need to steer the country out of a deep economic crisis.

Driving the news: President-elect Joe Biden is preparing to nominate former Fed chair Janet Yellen to be Treasury secretary.

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Charles Koch says he "screwed up by being partisan" in political spending

In his first on-camera interview in four years, Charles Koch told "Axios on HBO" he's disillusioned with the results of his network's massive political spending, but is optimistic about what he believes will be a less divisive strategy.

Why it matters: Koch — chairman and CEO of Koch Industries, which Forbes yesterday designated as America's largest private company — has been the left's favorite face of big-spending political action.

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What overwhelmed hospitals look like in the COVID era

Utah doctors are doing what they say is the equivalent of rationing care. Intensive care beds in Minnesota are nearly full. And the country overall continues to break hospitalization records — all as millions of Americans travel to spend Thanksgiving with friends and family.

Why it matters: America's health care workers are exhausted, and the sickest coronavirus patients aren't receiving the kind of care that could make the difference between living and dying.

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Southwest CEO: "You should fly" despite CDC warnings against travel during coronavirus

The official guidance of the CDC says that "postponing travel and staying home is the best way to protect yourself and others this year."

  • Southwest Airlines CEO Gary Kelly, however, took the opposing position when he was interviewed by "Axios on HBO." "You should fly," he told me, adding that "we need to have as much commerce and business and movement as is safe to do."
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DCCC chair candidate: Democrats need change "overnight" after surprise losses in House races

Rep. Tony Cárdenas (D-Calif.), who's running for chair of the Democratic Congressional Campaign Committee, told "Axios on HBO" that the DCCC needs to change "overnight" and his colleagues need to be more "culturally competent" if they want to be successful in the next election.

Why it matters: House Democrats are confronting what went wrong and what their party needs to change after they failed to expand their House majority and President Trump expanded his support among Latino voters.

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Apple's new Mac chip turns heads and promises bigger changes

For now, Apple's new M1 chip — fast, power-smart, and literally cool — is just a major hardware upgrade that's winning rave reviews.

But down the road, the M1 will pave the way for new Apple devices that could bridge the divide between Mac and iPhone/iPad computing and transform the devices we use every day.

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Space is not just for billionaires

The space industry is outgrowing the billionaires who made it famous.

Why it matters: Billionaires Elon Musk, Jeff Bezos and Richard Branson helped put the space industry on the map, but today, a significant amount of growth seen in the industry is propelled by smaller companies.

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Axios-Ipsos poll: COVID Thanksgiving

Data: Ipsos/Axios survey; Chart: Axios Visuals

Six in 10 Americans are dialing back this year's Thanksgiving plans because of the pandemic — cutting guest lists, canceling travel or scrapping Turkey Day altogether — in the latest installment of the Axios/Ipsos Coronavirus Index.

The big picture: This greater willingness to turn inward and exercise caution around the holidays comes amid signs of increased trust in the Centers for Disease Control and Prevention and a growing confidence there will soon be a safe and effective vaccine available in the U.S.

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