Oct 18, 2017

Cassidy: We'll retry our health bill in 2018

Photo: Chuck Kennedy / Axios

Sen. Bill Cassidy (R-La.) told Axios' Mike Allen that he plans to push his joint health care bill with Sen. Lindsey Graham (R-S.C.) forward again in 2018, noting that the second time around he thinks it will pass not only among his own party, with Democrats too. "Obviously there are things that have to change... we're going to socialize it... Sen. Kaine was right, there should've been a better process."

His bottom line: "We think our way is better" than Alexander-Murray. "We could have more coverage under Graham-Cassidy than under the status quo."

More from Cassidy:

  • Why he thinks Graham-Cassidy failed: "You have to realize there's people who are going to push back, however misleading, and that will be echoed by others."
  • What difference did Jimmy Kimmel make? I wish Kimmel had called me, "not to confront, but to explain."

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China tries to contain coronavirus, as Apple warns of earnings impact

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's NHC; Note: China refers to mainland China and the Diamond Princess is the cruise ship offshore Yokohama, Japan. Map: Danielle Alberti/Axios

As China pushes to contain the spread of the novel coronavirus — placing around 780 million people under travel restrictions, per CNN — the economic repercussions continue to be felt globally as companies like Apple warn of the impact from the lack of manufacturing and consumer demand in China.

The big picture: COVID-19 has now killed at least 1,775 people and infected more than 70,000 others, mostly in mainland China. There are some signs that new cases are growing at a slower rate now, although the World Health Organization said Monday it's "too early to tell" if this will continue.

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Apple will miss quarterly earnings estimates due to coronavirus

Apple CEO Tim Cook

Apple issued a rare earnings warning on Monday, saying it would not meet quarterly revenue expectations due to the impact of the coronavirus, which will limit iPhone production and limit product demand in China.

Why it matters: Lots of companies rely on China for production, but unlike most U.S. tech companies, Apple also gets a significant chunk of its revenue from sales in China.

America's dwindling executions

The Trump administration wants to reboot federal executions, pointing to a 16-year lapse, but Pew Research reports the government has only executed three people since 1963.

The big picture: Nearly all executions in the U.S. are done by states. Even those have been steadily dropping for two decades, per the Bureau of Justice Statistics (BJS) — marking a downward trend for all executions in the country.