• The next presidential debate between President Donald Trump and Democratic presidential nominee Joe Biden was scrapped, The Wall Street Journal and CNN reported Friday.
  • The Commission on Presidential Debates canceled the upcoming debate, scheduled for October 15, which was changed from an in-person town hall to a virtual meeting, according to reports.
  • The decision was made after Trump and several other people in the White House tested positive for COVID-19 last week.
  • The president said he would not participate in a virtual event and asked that the event be in-person, but the commission denied the request.
  • Visit Business Insider’s homepage for more stories.

The next presidential debate between President Donald Trump and Democratic presidential nominee Joe Biden was scrapped, several news outlets reported Friday.

The Commission on Presidential Debates canceled the upcoming debate, scheduled for Thursday, October 15, which was changed from an in-person town hall to a virtual meeting

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Event organizers announced Friday the cancellation of the 2021 Fort Worth Stock Show and Rodeo — an annual event that brings over one million visitors to Fort Worth.

The stock show’s president and general manager, Brad Barnes, called the decision “heartbreaking,” and said it “was not made lightly.” The stock show and rodeo has only been canceled once before, he said, at the height of WWII.

“Then, as now, the stock show was canceled to overcome an enemy common to all Americans,” Barnes said. “With more than 1.2 million stock show guests, exhibitors, visitors and competitors converging into the various buildings on the Will Rogers complex during our 23-day show, the chances to harbor and spread coronavirus well beyond the North Texas region, especially in the midst of flu season, is too great a risk to take for the public good.”

The festival was originally scheduled for Jan. 15 through

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EARNINGS OUTLOOK



a person standing in front of a building: Nike has cut sales at nine retailers, Susquehanna analysts say


© Getty Images/Drew Angerer
Nike has cut sales at nine retailers, Susquehanna analysts say

Nike Inc., like all other apparel and shoe sellers, has been impacted by the coronavirus pandemic; however, analysts say the athletic company will continue to be a “winner” heading into its fiscal first-quarter 2021 earnings announcement, scheduled for after hours Tuesday.

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UBS says Nike (NKE) has canceled a number of orders, which means this quarter will be “ho hum,” but analysts are still bullish.

UBS rates Nike stock buy with a $127 price target.

“The key is Nike proactively canceled pre-COVID-19 factory purchase orders for the fall and holiday seasons by roughly 30% on a unit basis,” wrote analysts led by Jay Sole. “Our checks suggest this has made it hard for Nike to drive high near-term sales growth, despite strong demand. We believe this limits 1Q21 EPS [earnings per share] upside.”

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ASSOCIATED PRESS



a screen shot of Keith Krach in a suit and tie: Keith Krach, State Department under secretary for economic growth, energy, and the environment, speaks in New York in 2019.


© Getty Images
Keith Krach, State Department under secretary for economic growth, energy, and the environment, speaks in New York in 2019.

TAIPEI, Taiwan — China warned the United States on Monday of potential “serious damage” to their relations if it does not withdraw from an upcoming economic meeting with Taiwan that is expected to be attended by a senior American official.

Chinese foreign ministry spokesman Wang Wenbin urged the U.S. at a daily briefing to “stop all forms of official exchanges with Taiwan, so as to avoid serious damage to China-U.S. relations and peace and stability across the Taiwan Strait.”

Taiwanese media reported that U.S. Under Secretary of State for Economic Growth, Energy, and the Environment Keith Krach is planning to visit the island later this week for an economic and commercial dialogue with Taiwan’s government.

The visit would follow one by U.S. Health Secretary Alex

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Cal Poly Pomona's annual Pumpkin Festival is canceled. But its 5 acres of pick-your-own pumpkins is open. Just don't forget your mask. <span class="copyright">(Tom Zasadzinski / Cal Poly Pomona)</span>
Cal Poly Pomona’s annual Pumpkin Festival is canceled. But its 5 acres of pick-your-own pumpkins is open. Just don’t forget your mask. (Tom Zasadzinski / Cal Poly Pomona)

Haunted houses and parties are out for Halloween 2020 due to coronavirus concerns, and even trick-or-treating is getting a frown. But pumpkins are still growing fat in their fields, waiting for families to come and claim them for carving — provided everyone wears a mask and stays at least six feet away from other customers.

Here are a few pumpkin patches that have toned down their usual festivities in the interest of keeping people safe but will allow people to pick their own future jack-o’-lanterns (or pies).

Cal Poly Pomona

Cal Poly’s annual Pumpkin Festival at 4102 S. University Drive in Pomona drew more than 100,000 visitors last year, for hayrides, a corn maze, a petting zoo and other activities, including picking

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Craft beer festivals provide small brewers with a unique marketing opportunity. With most of those festivals canceled or postponed because of the coronavirus pandemic, brewers now wonder how they’ll get their name out.

Zaftig Brewing Company sees a noticeable sales bump in the weeks following a beer festival, owner Jim Gokenbach said. People who discovered Zaftig at the gatherings come to the brewery’s Worthington taproom to see what else it has to offer.

Zaftig won’t see those bumps this year, as nearly every central Ohio outdoor festival, including those intended to showcase the region’s craft beer, have been canceled or postponed because of the coronavirus pandemic.

Brewers said they mostly break even at festivals but gain an invaluable marketing opportunity, especially for small operators who don’t distribute their beer widely.

Around 85% of Lineage Brewing’s business comes from its taproom, said Michael Bryne, who co-owns the Clintonville brewery.

“Without the

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  • President Donald Trump took art from the US ambassdor’s residence in Paris to the White House after he canceled a cemetery visit commemorating troops killed in World War I, Bloomberg reported.
  • The 2018 decision caused stress for officials but was deemed legal as the art is US property, the report said.
  • The art consisted of a bust and a portrait of Benjamin Franklin and figurines of Greek mythical characters. Bloomberg said all the pieces were found to be replicas or copies, but one source valued the haul at $750,000.
  • Trump’s 2018 trip is under new scrutiny after a report in The Atlantic quoted unnamed sources as saying Trump called Marines who died in France in World War I “losers” and “suckers.”
  • Visit Business Insider’s homepage for more stories.

President Donald Trump took home art from the residence of the US ambassador to France during the 2018 visit in which he

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The Downtown Dallas Arts District, where the Dallas Art Fair usually takes place (photo via Wikimedia Commons)

A total of 34 galleries slated to participate in this year’s Dallas Art Fair have pledged not to take part in future editions unless they are issued refunds for the now-canceled 2020 show.

The modern and contemporary art fair had to cancel its upcoming fall event due to coronavirus concerns and was highly criticized for its decision not to reimburse exhibitor booth fees. Instead, galleries were offered 50% booth credits for the upcoming 2021 and 2022 fairs. But that was not seen as sufficient by many participants, some of whom had already paid thousands of dollars in fees in full by the time the 2020 edition was called off, and a group of galleries has banded together to fight back.

In a letter to the Dallas Art Fair’s chairman and founder, John Sughrue,

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If we’ve learned anything from the ongoing coronavirus pandemic, it’s that circumstances can quickly change. At the same time, most of us didn’t expect things to drag on this long.

Though many people are delaying plans like weddings and vacations well into 2021, as the U.S. Centers for Disease Control and Prevention advises against all nonessential travel and customer service reps work around the clock to process billions of dollars in airline refunds, there are some brave souls who are booking flights and dreaming of far-flung locales.

But before you make plans, thoroughly read your airline and credit cards’ flight cancellation policies. Whether you can get a refund — and how that refund is delivered — depends on both how you booked your trip (with points or in dollars) and who you booked it with.

Getting refunds for canceled flights

Sometimes it’s the airline that cancels your flight. And sometimes,

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“In their eyes, the moving away was quite bizarre,” Kuczynski said. “But for me, it was something that I had to do.”

By late July, Kuczynski’s family had split up. He hit the road with his mother, Denise, to the Daytona Beach area, where the family had bought a vacation home two years ago. Kuczynski’s teenage sister stayed in Illinois with their father, Mike, who had a habit of Googling Florida’s coronavirus numbers every day, concerned with the rising cases but nonetheless committed to his son’s dream.

Even though his friends, family and co-workers told him he was making the right decision, he knew others would think he was crazy. But he found encouragement in following other news online over the summer — the growing number of high school football players transferring to states that were planning to play football this fall. Families across the country are uprooting themselves so

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