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President

Kelly Keeney
Published 5:00 a.m. ET Oct. 14, 2020 | Updated 6:36 a.m. ET Oct. 14, 2020

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President Donald Trump, Melania Trump and Chris Christie are among a running list of people who tested positive for COVID-19.

USA TODAY

Dear Mr. President,

Good Afternoon, I wanted to wish you, your family and staff well as you travel through your individual Covid 19 recoveries. Each person’s body and the medical care they have access to will determine how they experience this disease. Please be gentle with yourselves. Even the basic steroids can give you energy, stimulate hunger cause excessive sweating and “speediness” and make you feel better because the symptoms are gone. They can also cause the virus to replicate more rapidly.

I do not agree with some or even most of your political choices or policies, but my prayers for you all are that you all have as little

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Tim Burgess came up with creative ways to keep his Charlottesville, Virginia, restaurants running after reopening in May, following a nearly two-month shutdown during the pandemic.



a group of people standing in front of a building


© Courtesy Tim Burgess


He expanded outdoor seating at his two full-service restaurants, Bizou and Bang, by taking over nearby parking spaces and an empty lot next door. As the weather cooled off, he installed heaters and tents with roll-up sides. While restaurants in Virginia can now serve limited numbers of customers indoors, Burgess’ restaurants will remain outdoors-only, out of concern for his staff and customers.

But as Burgess thinks about how to keep the business afloat in the coming months: “We keep thinking of Game of Thrones — winter is coming,” he said. “We’re staring at winter, and we’re scared.”

It’s a concern shared by business owners across the country, as colder weather and the possibility of converging flu and Covid-19 outbreaks

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  • Eric Trump made an appearance on ABC’s “This Week,” where he pushed back against reports about President Trump’s finances.
  • In response to a recent The New York Times report that revealed how an array of favor-seeking corporations and foreign governments patronized Trump properties, Trump said on Sunday that his father has not profited off of his presidency.
  • Eric Trump questioned the timing of the report and attacked the credibility of The New York Times.
  • “Every single day…they’ve dropped some story that they’ve been sitting on for literally the last six months or year or two years, to try and influence the election,” he said.
  • Visit Business Insider’s homepage for more stories.

In response to a report that revealed how an array of corporations and foreign governments looking for favors patronized Trump hotels and resorts over the several years, Eric Trump, the president’s son, said on Sunday that his father has

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President Donald Trump may agree to spend more than $1.8 trillion in order to pass a coronavirus stimulus bill before Election Day, his top economic adviser said Sunday.

Larry Kudlow said that the administration might even exceed the House Democrats’ $2.2 trillion spending figure.

Trump indicated in a radio interview last week that he “would like to see a bigger stimulus package, frankly, than either the Democrats or the Republicans are offering.”

“As far as the key elements are concerned, the checks, the unemployment assistance, the small business assistance — we have got to help airlines out — he would go further,” Kudlow said on CNN’s “State of the Union.”

“He’s always said that. He knows that we need as much power for economic recovery as possible. It’s not just recovery in three weeks. It’s recovery to the end of the year and beyond in a possible second term.”

Kudlow

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New York, NY—New York State Comptroller Thomas DiNapoli recently issued a report that as many as half of New York City’s restaurants could close indefinitely over the next year because of the coronavirus pandemic. On top of that, recent surveys indicate that the city may lose one-third of its small businesses. The five candidates running to be the next Manhattan Borough President explained recently during a debate their ideas and solutions to prop up small business during the pandemic.

N.Y. State Sen. Brad Hoylman (D-Manhattan) first said that the statistic of one out of three small businesses never returning is so alarming that it’ll require government to jump start the city’s brick-and-mortar businesses.

That’s why he’s introduced a bill with Assembly Member Harvey Epstein (D-Manhattan) that would allow small businesses that have suffered demonstrable loss in income resulting from state mandated closures or state-imposed restrictions to receive support.

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Dallas Federal Reserve President Robert Kaplan said on Thursday he sees no need to expand the central bank’s asset purchases to bolster the economic recovery and instead signaled support for winding stimulus down when the coronavirus crisis eases.

“I’d be skeptical about the benefits of doing more,” Kaplan told Bloomberg Radio. Long-term interest rates are already low, and trying to push them down further by adding to the $120 billion in bonds the Fed is already purchasing each month would do little to help the real economy.

CORONAVIRUS WILL DICTATE U.S. ECONOMY’S PATH: FED’S WILLIAMS

Kaplan added “the bond-buying needs to curtail, the Fed balance sheet growth needs to curtail,” when the crisis starts to lapse.

“I don’t think it’s healthy for the markets to be addicted, or too reliant, on Fed presence … it engenders fragilities.”

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Democcratic vice presidential candidate Kamala Harris went after President Trump for not paying enough money in taxes, and questioned who he might owe money to.

“We now know because of great investigative journalism that Donald Trump paid $750 in taxes,” Harris said during Wednesday night’s vice presidential debate. “When I first heard about it, I literally said, ‘You mean $750,000?’ Nope $750.”

Harris was referring to a recent report by The New York Times, who obtained information on the president’s 2016 and 2017 taxes, both of which show he paid a total of $750 in federal taxes each year.

The Times also reported that he paid no federal income taxes for ten of the 15 years prior to winning the presidency in 2016, largely due to the fact that he reported financial loses greater than his income.

KAMALA HARRIS VOWS BIDEN WILL REPEAL TRUMP TAX CUTS ‘ON DAY ONE’

“We

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Uday Shankar will step down as president, The Walt Disney Company Asia Pacific and chairman, Star & Disney India, effective Dec. 31, 2020. He will now pursue an entrepreneurial career.

Shankar will work with Rebecca Campbell, chair of Disney’s direct-to-consumer and international segment to identify his successor.

Shankar was in his role from February 2019. Previously, he was president of 21st Century Fox for Asia and the chair and CEO of Star India. He took over the leadership of Star India in 2007, where he not only transformed the Star business into one of the largest and most successful media companies in Asia, but also played a significant role in revolutionizing the media landscape of the region.

His successes include consolidating Star’s sports broadcasting operations through 21st Century Fox’s acquisition of its joint venture with ESPN. Driven by the lucrative Indian Premier League Cricket tournament, the rights for which Star

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Business groups have long sought to get Congress to pass individual aid packages. Trump just opened the door to the opportunity.

After instructing his staff to shut down stimulus talks until after the election on Twitter, the President later showed enthusiasm for individual bills providing additional assistance for small businesses and airlines. He also tweeted that should Congress pass a standalone bill offering $1,200 stimulus checks for Americans, he’d sign it.

The reaction among business groups to his initial move to shut down stimulus talks had been swift.

“Washington’s failure to enact additional Covid relief will be felt on Main Streets and at kitchen tables across the United States,” Neil Bradley, the U.S. Chamber of Commerce’s chief policy officer, said in a statement. “It is especially disappointing given that less than a month ago a bipartisan group of members of Congress outlined a reasonable compromise that would have provided

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KEY POINTS

  • Trump accused Democrats of holding $1,200 stimulus checks hostage to aid for cash-strapped state and local governments
  • The president is still recovering from COVID-19 and is taking a steroid that interferes with thought processes and causes aggression
  • Trump’s shift in direction comes as the recovery from the coronavirus-induced recession appears to be losing steam

After putting the kibosh on further coronavirus stimulus negotiations, President Donald Trump Wednesday urged Congress to send him a trimmed-down measure that would provide $1,200 payments to individuals, along with funds to shore up the airlines and small businesses.

Trump sent the Dow Jones Industrial Average into a more than 375-point dive Tuesday, tweeting he had ordered an end to negotiations between Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi. The two sides were more than $500 billion apart on the size of the next round of stimulus. The president said there would

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