- BusinessABC News
Despite world's highest COVID-19 death toll, US is 'the world leader in the pandemic' response: Pompeo
The United States is leading the world in the number of COVID-19 deaths and cases, but Secretary of State Mike Pompeo said that doesn't mean the U.S. isn't also leading the world's response. During a press conference Wednesday, he defended America's role in the world amid the global shock at what many see as the botched U.S. response to the pandemic and President Donald Trump's decision to withdraw from the World Health Organization. "Of course the U.S. remains the world leader in the pandemic," Pompeo told reporters, saying the "world turns its eyes" to American scientists and researchers to develop treatments and to U.S. aid to assist the developing world in fighting their own outbreaks.
- U.S.Associated Press
The Supreme Court said Tuesday that the first-ever women to hold two prominent positions at the court, handling the justices' security and overseeing publication of the court's decisions, are retiring. Pamela Talkin's most public role in nearly two decades as the court's marshal has been opening court sessions by announcing the justices' entrance into the courtroom and banging a gavel before court begins. Christine Luchok Fallon's name wasn't on any Supreme Court decision, but part of her job as the reporter of decisions was to oversee the writing of summaries of the justices' opinions that begin each decision, turning lengthy legal explanations into a succinct few pages.
Mary Kay Letourneau's ex-husband, whom she married after being convicted of raping him when he was in sixth grade, was by her side for the final two months of her life before she died of cancer on Monday, her lawyer said. Vili Fualaau, 37, who divorced Letourneau last year, uprooted his life to be with her until her death at 58, attorney David Gehrke told TODAY. "Vili moved back from California, gave up his life there, and for the last two months of Mary's life he stood by her 24/7 taking care of her," Gehrke said.
A black bear named Bruno traveled hundreds miles in search of a mate before he 'cornered himself' between highways and had to be rescued
A black bear nicknamed "Bruno" by his social media followers wandered hundreds of miles across four states before authorities sedated and moved him.
Anthony Anderson did not mince words while discussing Kanye West's weekend announcement about running for president.
A national coalition of labor unions, along with racial and social justice organizations, will stage a mass walkout from work this month, as part of an ongoing reckoning on systemic racism and police brutality in the U.S. Dubbed the “Strike for Black Lives,” tens of thousands of fast food, ride-share, nursing home and airport workers in more than 25 cities are expected to walk off the job July 20 for a full day strike. Those who can't strike for a full day will walk out for about eight minutes — the amount of time prosecutors say a white Minneapolis police officer held his knee on George Floyd's neck — in remembrance of Black men and women who died recently at the hands of police.
(Bloomberg) -- The White House wants Congress to pass another stimulus package by the first week in August, before lawmakers head home for their annual summer recess, and to keep the cost at $1 trillion or less, according to Vice President Mike Pence’s top aide.“I think we want to make sure that people that are still unemployed or hurting are protected but at the same time, we want to take into consideration the fact the economy is bouncing back and want to try to contain the amount of spending,” Marc Short, Pence’s chief of staff, said Tuesday in an interview with Bloomberg Radio.“There’s obviously been a lot of stimulus put in the system over the last couple bills, and so the price tag for us would be that.”The White House and lawmakers are set to intensify talks on a new package of virus-related stimulus this month, after they return to Washington from their Independence Day holiday break. Trump administration officials have eyed a $1 trillion spending cap since at least early June, Bloomberg News reported last month.The House is scheduled to begin its recess by Aug. 3, with the Senate following a week later. Senate Majority Leader Mitch McConnell has said he wants Congress to complete work on the next phase of stimulus by then.“By that time table, we want to have a bill on the president’s desk,” Short said.President Donald Trump and senior White House officials have said a payroll tax cut, liability reform, tax incentives for businesses to adapt to the pandemic and a potential back-to-work bonus are priorities for the administration.Short said the White House views liability protections as “essential” for companies to bring workers back and fully re-open the economy.The administration wants to be sure it’s “striking the right balance between income replacement on the one hand, and ensuring that we don’t have excessively high implicit tax rates on the return to work, on the other hand,” Tyler Goodspeed, acting chairman of the president’s Council of Economic Advisers, said in a separate interview with Bloomberg Radio.Implicit tax rates can’t exceed 100%, he said, meaning it can’t be more lucrative for workers to stay at home. But any plan will require “not allowing a big blow to household income,” which is core to the economy, Goodspeed added.Ohio Republican Brad Wenstrup, a member of the House’s tax-writing committee, said the package should address the ability of working parents to find childcare and helping schools to reopen.“We have a shortage of day care providers,” he said in another Bloomberg Radio interview. “I am going to look for incentives for those type of programs.”Congress in March passed a $2.2 trillion pandemic relief program, with carve-outs for small businesses and the airline industry as well as multiple lending programs for corporations and Main Street businesses through the Federal Reserve. Treasury Secretary Steven Mnuchin sent out nearly $1 trillion in the first month after that bill became law, through checks directly to American families, forgivable loans to companies and unemployment insurance.Still, much of that money remains unused. The Treasury Department has yet to disburse any loans from a $25 billion pool for airlines, and most of a $17 billion carve-out for firms deemed critical to national security remains untapped.(Updates with additional remarks from administration official, lawmaker beginning in seventh paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.