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Tech CEO hearing looks to be postponed

A last-minute scheduling conflict with a planned memorial service for the late Rep. John Lewis has left the House Judiciary Committee likely to delay its long-planned hearing with the CEOs of Apple, Google, Facebook and Amazon, according to sources familiar with the deliberations.

Why it matters: The hearing will represent the first time CEOs of Silicon Valley's biggest firms have appeared together to answer lawmakers' criticisms and charges of monopolistic behavior.


What's next: The committee is tentatively looking to hold the hearing sometime in the week of Aug. 3, sources said.

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The zombies are coming: Coronavirus protections could be delaying a bankruptcy crisis

Data: IIF; Chart: Axios Visuals

The number of business bankruptcies and insolvencies in most countries has declined this year through the coronavirus pandemic as the world is seeing far fewer bankruptcies than it did in 2019.

Yes, but: That is largely thanks to assistance from central banks and government measures restricting things like foreclosures.

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