Jun 14, 2017

Ivanka Trump and Rubio team up on paid family leave

Ivanka Trump will meet with GOP members of Congress in the upcoming weeks to go over different ways to promote paid family leave and better tax benefits to parents at an event organized by Sen. Marco Rubio, who is also a proponent of improving family aid, per Politico.

What they're saying: "I think we're trying to help the same people," Rubio told Politico. "Obviously I like my approach... She has a different one, at least for now. I don't think they're inflexible about it."

Ivanka's proposal: Ivanka has worked with her father to include six weeks of paid leave for new parents in the administration's proposed budget. The aid would be funded by the States through their individual unemployment insurance programs.

Rubio's proposal: During his presidential campaign, Rubio proposed a 25% tax credit for businesses that gave employees the option of taking four to 12 weeks of paid leave. He also endorsed the creation of a child tax credit that would give families $2,500 per child.

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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.

Go deeperArrowUpdated 2 hours ago - Health

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.