Jan 31, 2017

PhRMA leaders to get face time with Trump

Images_Of_Money / Flickr Creative Commons

Well, that didn't take long: President Trump and Vice President Mike Pence are going to meet this morning with PhRMA president and CEO Stephen Ubl, along with several of the group's board members. What ever will they talk about? Yes, you can be pretty sure drug prices will come up. But Ubl has talked about other issues on the group's agenda where they're more likely to find common ground, especially on reforming the Food and Drug Administration to give more encouragement to medical innovation.

So yes, it'll be awkward, but it probably won't be awkward the whole time.

Go deeper

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 8 p.m. ET: 1,426,096 — Total deaths: 81,865 — Total recoveries: 300,054Map.
  2. U.S.: Total confirmed cases as of 8 p.m. ET: 396,223 — Total deaths: 12,722 — Total recoveries: 21,763Map.
  3. Federal government latest: Acting Navy secretary resigns over handling of virus-infected ship — Trump removes watchdog overseeing rollout of $2 trillion coronavirus bill.
  4. Business latest: America's food heroes in times of the coronavirus crisis. Even when the economy comes back to life, huge questions for airlines will remain.
  5. World latest: China reopens Wuhan after 10-week coronavirus lockdown.
  6. Wisconsin primary in photos: Thousands gathered to cast ballots in-person during the height of the coronavirus crisis in the U.S.
  7. 1 Olympics thing: About 6,500 athletes who qualified for the Tokyo Games will keep their spots in 2021.
  8. What should I do? Pets, moving and personal healthAnswers about the virus from Axios expertsWhat to know about social distancingQ&A: Minimizing your coronavirus risk.
  9. Other resources: CDC on how to avoid the virus, what to do if you get it.

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Airline industry braces for a forever-changed world

Illustration: Sarah Grillo/Axios

The airline industry got a $58 billion lifeline in the coronavirus federal aid package. But the path is unclear for these companies, whose operations and prospects will be forever changed by the global pandemic.

Why it matters: People may want to minimize travel for the foreseeable future. Investors, analysts and industry watchers are trying to determine how much airlines will need to spend — and how much more in lost revenue they'll see — while they adapt to the new reality.

Trump denies seeing Navarro memos warning about toll of coronavirus

President Trump said at a press briefing Tuesday that he "didn't see" memos from his trade adviser Peter Navarro warning in January and February that the coronavirus crisis could kill more than half a million Americans and cost close to $6 trillion.

Why it matters: Trump insisted that despite not seeing the memos, he did "more or less" what Navarro suggested by banning non-U.S. citizens from traveling from China effective Feb. 2.