Apr 10, 2017

Club for Growth launches anti-Obamacare ads in GOP moderate districts

(Susan Walsh / AP)

Club for Growth is launching a million-dollar digital and TV ad campaign urging 10 moderate House Republicans to support the repeal and replacement of Obamacare — including a controversial amendment repealing some of the law's popular regulations. The moderates balked at the proposal to allow states to opt out of Obamacare's essential health benefits, its ban on charging sick people higher premiums, and potentially its requirement that insurers cover people with pre-existing conditions.

Who's being targeted: Only two of the 10 targeted members have been named so far: Reps. Chris Collins of New York and Adam Kinzinger of Illinois. The rest will be named by Thursday.

Why this matters: Moderates are about to have a rough recess. Liberals are attacking them over their support of the original GOP bill, while conservatives are accusing them of having "worked to thwart" efforts to "improve" the bill, according to Club for Growth President David McIntosh.

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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.