Plus: Vegas to get a new landmark | Friday, December 17, 2021
| | | | | | | Presented By Capital One | | | | Axios PM | | By Mike Allen ·Dec 17, 2021 | | Happy Friday. Today's PM — edited by Justin Green — is 469 words, a 2-minute read. 🚨 Thank you: Axios doubled our newsletter audience this year to 2.4 million smart professionals — with a 41% open rate, twice the industry average. We appreciate your engagement and feedback. Keep it comin': mike@axios.com or justin@axios.com. | | | | | | 1 big thing: Parents can't catch a break | | Twins Jake and Ella Benson, 8, get COVID shots this week from nurse Vickie Webb at their middle school in Akron, Ohio. Photo: Karen Schiely/Akron Beacon Journal via Reuters Parents of small children started 2021 with the hope of giving their kids a more normal life — and are ending it with 2020 déjà vu. - Why it matters: Parents have faced incredible stress over the past 18 months while keeping themselves and their kids safe and sane.
The status quo: - A wave of K-12 schools is going virtual, citing rising cases among students and staff.
- A Pfizer vaccine trial for kids under 5 failed to generate the desired immune response, the companies said today.
- Kids 15 and under aren't eligible for boosters.
Between the lines: Viral TikToks alluding to potential violence in schools today horrified parents and sparked law-enforcement alerts. - Some parents kept their children home. Some districts canceled classes or limited where students could go inside school buildings. Many increased security. (AP)
TikTok said: "[W]e are deeply concerned that the proliferation of local media reports on an alleged trend that has not been found on the platform could end up inspiring real world harm." |     | | | | | | 2. Pic du jour: Holiday mood | | Photo: Ted Shaffrey/AP Line down the block for COVID tests in Manhattan's Financial District yesterday. | | | | | | | | A message from Capital One | | Coaching to lift generations of families out of poverty | | |  | | | | Capital One has partnered with LIFT, a national organization, to support improved outcomes for student parents and their children with free and individualized coaching. "LIFT has helped me to believe in myself and pushed me to grow," says Bianca Servin, a participant in New York. Read more. | | | | | | 3. Catch up quick | | Benedict Cumberbatch (left) and Tom Holland in "Spider-Man: No Way Home." Photo: Sony Pictures via AP - 🎞️ After a heroic debut yesterday, "Spider-Man: No Way Home" is on pace to become the highest-grossing box office opener of the pandemic era by far, Axios' Sara Fischer reports.
- New York state set a single-day record for COVID cases, with more than 20,000 reported today. (Bloomberg)
- Two Forbes magazine editors testified before the grand jury investigating former President Trump. Go deeper.
- Roger Stone said he appeared for a deposition before the House 1/6 committee but asserted his Fifth Amendment right not to testify.
| | | | | | | | 4. 🎲 Vegas to get a new landmark | | Artist's rendering: Hard Rock International Hard Rock International, owned by the Seminole Tribe of Florida, announced plans to build a guitar-shaped hotel on the Vegas Strip. The announcement, which included no details, came as part of an unusual ownership shuffle for iconic Vegas properties, Axios Closer author Courtenay Brown reports. - Hard Rock this week bought operations of The Mirage Hotel and Casino from MGM Resorts International for $1 billion in cash.
Seven deals saw a casino's property or operations snapped up this year — the most since at least 2015, per CreditSights. - "We can go years without seeing a Las Vegas Strip casino change hands," says John DeCree of the Union Gaming advisory firm.
The changes come amid a frenzy for casino operators to nab gaming licenses and set up shop in other nascent betting hubs, including New York City. They're also eyeing the online betting boom. | | | | | | | | A message from Capital One | | The barrier keeping students out of college classrooms | | |  | | | | High school graduates immediately going to college in 2020 dropped nearly 7% due to financial barriers created by the pandemic, a study found. - That number was even higher for low-income students.
A Capital One-funded chatbot is helping students avoid disruptions in attending college. | | |  | Bring the strength of Smart Brevity® to your team — more effective communications, powered by Axios HQ. | | | | | | Axios thanks our partners for supporting our newsletters. If you're interested in advertising, learn more here.
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