May 10, 2018

Pentagon uneasy about offshore drilling in the Gulf

Shell's Perdido offshore drilling and production platform in the Gulf of Mexico. Photo: Gary Tramontina/Corbis via Getty Images

The Pentagon this week issued a stern warning to congressional lawmakers about offshore and natural gas drilling in the eastern part of the Gulf of Mexico, saying it would collide with military training and testing, reports The Hill.

Why it matters, per Axios' Amy Harder: This gives military credence to the Interior secretary's haphazard decision earlier this year to remove this portion from consideration. It will also rankle the oil industry, which was upset at Zinke's surprise move.

The backdrop: Under current law, drilling in the eastern Gulf of Mexico is off-limits until 2022. The Trump administration said earlier this year it’s considering allowing companies to lease drilling rights in that area in 2023 and 2024. But Interior Secretary Ryan Zinke later reversed course.

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Coronavirus breaks the telecom bundle

Reproduced from Park Associates "Broadband Services in the U.S." report; Note: 2019 survey was conducted in Q3, with 10,059 respondents and a ±1% margin of error; Chart: Axios Visuals

Consumers are adopting stand-alone broadband services at a much higher rate than just two years ago, and analysts predict that the economic downturn prompted by the COVID-19 outbreak will accelerate the trend.

Why it matters: With a recession looming, consumers may look to cut pay TV service in favor of more robust standalone internet packages once they're free to leave their homes.

America's funeral homes buckle under the coronavirus

Illustration: Aïda Amer/Axios

Morgues, funeral homes and cemeteries in hot spots across America cannot keep up with the staggering death toll of the coronavirus pandemic.

Why it matters: The U.S. has seen more than 10,000 deaths from the virus, and at least tens of thousands more lives are projected to be lost. The numbers are creating unprecedented bottlenecks in the funeral industry — and social distancing is changing the way the families say goodbye to their loved ones.

Navarro memos warning of mass coronavirus death circulated in January

Image from a memo to President Trump

In late January, President Trump's economic adviser Peter Navarro warned his White House colleagues the novel coronavirus could take more than half a million American lives and cost close to $6 trillion, according to memos obtained by Axios.

The state of play: By late February, Navarro was even more alarmed, and he warned his colleagues, in another memo, that up to two million Americans could die of the virus.

Go deeperArrowUpdated 2 hours ago - Health