Quorum Health is in dire straits. Photo: RJ Sangosti/The Denver Post via Getty Images

Quorum Health, the chain of small community hospitals spun out by Community Health Systems, has filed for Chapter 11 bankruptcy and secured $300 million to keep operations going throughout the process.

The bottom line: Quorum said none of its 23 hospitals will close, and employees will be paid and available to provide care during the coronavirus pandemic. But the company, which has been crushed by debt and was nearly bought out by one of its private equity owners, will remain in a precarious financial position even once it emerges from bankruptcy.

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Pelosi on state of coronavirus stimulus talks: "It's a chasm"

Democrats and the Trump administration remain "miles apart" on negotiations over a coronavirus stimulus deal, House Speaker Nancy Pelosi (D-Calif.) said on Wednesday.

Driving the news, via Axios' Dion Rabouin: Congress' failure to renew enhanced unemployment measures for millions of Americans at the end of July is already affecting consumer spending patterns, holding down retail purchases and foot traffic, economists at Deutsche Bank say.

Updated 16 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

  1. Global: Total confirmed cases as of noon ET: 20,391,697 — Total deaths: 744,211— Total recoveries: 12,625,076Map.
  2. U.S.: Total confirmed cases as of 11:30 a.m. ET: 5,161,612 — Total deaths: 164,690 — Total recoveries: 1,714,960 — Total tests: 63,252,257Map.
  3. Business: U.S. already feeling effects of ending unemployment benefits — U.S. producer prices rose last month by the most since October 2018.
  4. Public health: America is flying blind on its coronavirus response.
  5. Education: Gallup: America's confidence in public school system jumps to highest level since 2004.
  6. World: Lebanon reports coronavirus record, UN warns Beirut blast may drive cases higher
45 mins ago - World

U.S. threatens to veto UN peacekeeping in Lebanon over Hezbollah concerns

Peacekeepers with Lebanese troops in southern Lebanon. Photo: Jalaa Marey/AFP via Getty

The Trump administration is threatening to veto a resolution to extend the UN's long-standing peacekeeping mission in southern Lebanon if its mandate isn't changed, Israeli and U.S. officials tell me.

Why it matters: The U.S. is the main funder of the UN Interim Force in Lebanon (UNIFIL), which has an annual budget of $250 million. The veto threat is a tactical move, and part of a broader effort to put pressure on Iran and its proxy in Lebanon, Hezbollah.