Jun 3, 2019

Kushner, for first time, claims he never discussed security clearance with Trump

Photo: "Axios on HBO"

Jared Kushner denied on "Axios on HBO" that he discussed his top-secret security clearance with his father-in-law, even though President Trump is said to have personally ordered the clearance over the advice of his own staff. This is first time Kushner has denied it on the record.

Why it matters: Trump and Kushner talk constantly about key decisions. This gives House committees a new marker as they continue their investigation of White House security clearances.

Bonus: Kushner also said he wasn't aware of the allegedly suspicious transactions that a former Deutsche Bank anti-money laundering specialist says she found between Kushner's family company and Russian individuals.

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Kendall Baker

The race to catch Nike's Vaporfly shoe before the 2020 Olympics

Illustration: Aïda Amer/Axios

Four months ago, on the very same weekend, Eliud Kipchoge became the first human to run a marathon in under two hours, and fellow Kenyan Brigid Kosgei shattered the women's marathon record.

Why it matters: Kipchoge and Kosgei were both wearing Nike's controversial Vaporfly sneakers, which many believed would be banned because of the performance boost provided by a carbon-fiber plate in the midsole that acted as a spring and saved the runner energy.

Go deeper39 mins ago - Sports

Dion Rabouin

Reassessing the global impact of the coronavirus

Illustration: Aïda Amer/Axios

Economists are rethinking projections about the broader economic consequences of the coronavirus outbreak after a surge of diagnoses and deaths outside Asia and an announcement from a top CDC official that Americans should be prepared for the virus to spread here.

What's happening: The coronavirus quickly went from an also-ran concern to the most talked-about issue at the National Association for Business Economics policy conference in Washington, D.C.

Go deeper44 mins ago - Economy & Business

Scott Rosenberg

Tech can't remember what to do in a down market

Illustration: Rebecca Zisser/Axios

Wall Street's two-day-old coronavirus crash is a wakeup alarm for Silicon Valley.

The big picture: Tech has been booming for so long the industry barely remembers what a down market feels like — and most companies are ill-prepared for one.

Go deeper3 hours ago - Technology