President Donald Trump seemed to understand the severity of the coronavirus threat as he told the nation back in March that it was no worse than the flu. Trump told Watergate reporter Bob Woodward on March 19 that he deliberately minimized the danger. “I wanted to always play it down,” Trump said in the taped conversation. Some 190,000 Americans have now died from the virus, with worst-case projections for three times that by Jan. 1. Trump’s Democratic rival for the White House, former Vice President Joe Biden, said the tapes show the Republican “knowingly and willingly lied about the threat,” costing “tens of thousands of lives.” Biden called the revelation “beyond despicable.” This latest bombshell comes as Trump faces continuing fallout from reports that he called U.S. soldiers who died in combat “suckers” and “losers,” and his unwillingness to challenge Vladimir Putin over the poisoning of Russian opposition leader Aleksei Navalny or intelligence reports that Moscow offered bounties for the murder of U.S. military personnel. Also on Wednesday, it was reported that a senior Homeland Security official alleged Trump aides directed him to stop analyzing Russian efforts to tilt the 2020 election because it makes Trump “look bad,” and to downplay the threat posed by domestic white supremacist groups. —David E. Rovella Bloomberg is mapping the pandemic globally and across America. For the latest news, sign up for our Covid-19 podcast and daily newsletter. Here are today’s top storiesAstraZeneca stopped giving shots of its experimental coronavirus vaccine after a person participating in one of the company’s studies got sick, which could delay or derail the effort. Here is the latest on the pandemic.Mail-order prescription drug deliveries have encountered “significant delays” after U.S. Postal Service capacity reductions by Postmaster General Louis DeJoy, two U.S. senators said. The European Union is mulling potential legal action against the U.K. over plans to breach the agreement governing Britain’s withdrawal from the bloc. Californians, many without power, awoke to a dark orange sky and ash-coated cars as hundreds of fires stoked by a record heatwave and a powerful windstorm blanketed the disaster-weary state. The Justice Department is seeking to take over Trump’s defense in a defamation suit brought by advice columnist E. Jean Carroll, who claims Trump raped her two decades ago. The move could further delay the case, in which Carroll is demanding potentially damaging evidence from Trump during the final weeks of the presidential campaign. United Parcel Service said it will hire more than 100,000 seasonal workers to help handle an expected avalanche of holiday packages from online orders this year as shoppers avoid stores during the pandemic.The luxury industry’s biggest takeover is unraveling as LVMH moved to call off a $16 billion purchase of Tiffany, which countered with a lawsuit to try to keep the deal on track. What you’ll need to know tomorrowThe Vatican and China are moving toward diplomatic relations.Airlines plan an 8,000 jet airlift for Covid-19 vaccines.Deutsche Bank just hired a friend of Attorney General William Barr.What a worthless oil field has to do with a $100 million CEO payout.Apple has designed its very own coronavirus masks.Silicon Valley stock exchange debuts in search of its first IPO.Once a sure thing, “Mulan” becomes a problem for Disney. Sponsored Content by Noom Are you tired of counting calories and fad diets? Meet Noom. Noom isn’t a diet, it’s a personalized program created by human coaches to deliver successful behavior change that helps you stick to your weight loss goals. Click Here. What you’ll want to read in Bloomberg GreenGreenhouse gas emissions are projected to experience their steepest drop in modern history. But at the same time, the world remains on track to potentially mark its hottest year. The two facts demonstrate the relentless pace of climate change and the extreme measures we need to take to slow it down. It’s a perverse race: The later we cut emissions, the faster the planet warms. Right now, it’s one humanity is losing: See just how badly with these graphics. Like Bloomberg’s Evening Briefing? Subscribe to Bloomberg All Access and get much, much more. You’ll receive our unmatched global news coverage and two in-depth daily newsletters, The Bloomberg Open and The Bloomberg Close. The Bloomberg Green Festival: Join us virtually at the crossroads of sustainability, design, culture, food, technology, science, politics and entertainment. With 20 sessions featuring insights more than 60 speakers, the Bloomberg Green Festival will include Bill Gates, Ezgi Barcenas from AB InBev and Michael Mann from Penn State. From Sept. 14 to Sept. 18. Register here. Download the Bloomberg app: It’s available for iOS and Android. Before it’s here, it’s on the Bloomberg Terminal. Find out more about how the Terminal delivers information and analysis that financial professionals can’t find anywhere else. Learn more. |