Axios Pro Rata: Sigh of relief
Plus, convenience store consolidation. | Tuesday, May 30, 2023 Open in app View in browser Axios Pro Rata By Dan Primack · May 30, 2023 Situational awareness: Theranos founder Elizabeth Holmes is scheduled to report to prison today in Bryan, Texas, where she'll begin her 11-year prison sentence for defrauding investors. Top of the Morning Illustration: Victoria Ellis/Axios Private market investors got a pair of wins over the long weekend when President Biden and House Speaker Kevin McCarthy announced their debt ceiling deal: The very existence of a deal, any deal, which helps walk America back from an economic swan dive. The deal details, which do not include cuts to the Inflation Reduction Act's climate initiatives. What to know: McCarthy and House Republicans began negotiation...