From Axios:

No Labels — the bipartisan group plotting a third-party presidential bid — is pulling the plug on its Dallas convention next spring and will instead conduct its “selection process virtually,” Axios has learned.

Why it matters: The group hasn’t made a final decision on whether or not to launch a third-party challenge, which Democratic critics argue could throw the election to former President Trump.

• Canceling its Dallas convention will give No Labels more flexibility — and more time — to make that determination.
• It will also allow more candidates to potentially emerge and challenge the status quo.