Photo: John Moore/Getty Images

The Trump administration announced on Friday it completed the first 100 miles of barrier wall along the southwest border.

What he's saying: From Yuma, Arizona, Acting Secretary of Homeland Security Chad Wolf touted the new 30-foot wall and responded to critics who claim it only replaces previously existing fencing. "We have replaced 1970s-era landing mat fence that was easy to compromise, or vehicle barriers that were easy to defeat, with state-of-the-art infrastructure and detection capabilities," Wolf said.

What's next: Trump has vowed to construct 400–450 miles of barriers by the end of 2020, per AP.

  • Construction is underway in some areas where barriers were not previously, including the Rio Grande Valley in southern Texas, according to ABC News, but those stretches remain incomplete.

Go deeper: Court rules Trump can use military funds for border wall

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16 mins ago - Health

SPACs are the new IPOs

Churchill Capital Corp. III has agreed to acquire health-cost management services provider Multiplan at an initial enterprise value of $11 billion, as such deals continue to proliferate as alternatives to IPOs.

Why it matters: This is the largest special purpose acquisition company (SPAC) merger, and also includes the largest private investment in public equity (PIPE) associated with a SPAC. Existing Multiplan owners like Hellman & Friedman and General Atlantic will roll over more than 75% of their collective stake, and own over 60% of the public company.

Washington Redskins will change team name

Photo: Patrick McDermott/Getty Images

The Washington Redskins announced Monday that the NFL team plans to change its name.

Why it matters: It brings an end to decades of debate around the name — considered by many to be racist toward Native Americans. The change was jumpstarted by nationwide protests against systemic racism in the U.S. this summer.

3 hours ago - Health

Houston public health system CEO says coronavirus situation is "dire"

Houston's coronavirus situation is "dire, and it's getting worse, seems like, every day," Harris Health System CEO and President Dr. Esmail Porsa said Monday on MSNBC's "Morning Joe."

The big picture: Porsa said the region is seeing numbers related to the spread of the virus that are "disproportionately higher than anything we have experienced in the past." He noted that Lyndon B. Johnson Hospital's ICU is at 113% capacity, and 75% of its beds are coronavirus patients.