May 2, 2017

Trump admin. cuts school healthy lunch guidelines

Seth Perlman/AP

The Trump administration's new school lunch proclamation reverses regulations from one of Michelle Obama's signature programs.

  • Michelle's plan: The USDA set standards for the amount of calories, fat, and sodium found in the National School Lunches programs across the country, and required more whole grains, fruits, veggies, and nonfat milk options.
  • What's changing: Agriculture Secretary Sonny Perdue announced a rollback of these regulations beginning next school year. Schools will be allowed to serve 1% milk, opt out of whole-grain products, freeze sodium levels as they stand, and have more control over their cafeteria options.
  • Why? The administration believes that these healthier options are leading to more waste, as kids don't want to eat them.
  • What they're saying: "Just because children would rather eat heavily salted, processed foods at school doesn't mean they should," argued Ken Cook, president of Environmental Working Group.

Go deeper

Minneapolis will ban police chokeholds following George Floyd's death

A memorial for George Floyd at the site of his death in Minneapolis. Photo: Steel Brooks/Anadolu Agency via Getty Images

Minneapolis has agreed to ban the use of police chokeholds and will require nearby officers to act to stop them in the wake of George Floyd's death, AP reports.

Why it matters: The agreement between the city and the Minnesota Department of Human Rights, which has launched an investigation into Floyd's death while in police custody, will be enforceable in court.

Better-than-expected jobs report boosts stock market

Data: Yahoo Finance; Chart: Axios

The S&P 500 jumped nearly 3% on Friday after a stronger-than-expected May jobs report showed that an economic recovery could be underway.

The state of play: Stocks have rallied since the worst of the coronavirus sell-off ended in late March and looked past a spate of ugly economic reports — not to mention civil unrest.

The Athletic lays off 8% of staff, implements company-wide pay cut

Adam Hansmann (left) and Alex Mather (right), co-founders of The Athletic. Photo: Steph Gray, courtesy of The Athletic

The Athletic is laying off nearly 8% of staff, 46 people, according to an internal memo obtained by Axios.

Why it matters: It's the latest media company that's been been forced to take drastic measures to survive the economic fallout from the coronavirus. Like many sports media outlets, The Athletic has been particularly impacted by the loss of live sports.