Nov 24, 2018

Lawsuit against Trump's alleged campaign finance violations to proceed

Photo: Mandel Ngan/AFP via Getty Images

A state judge ruled late Friday that a lawsuit brought by New York's attorney general against the Trump Foundation for alleged violations of campaign finance law can proceed, according to Reuters, despite President Trump's request that the suit be dismissed on the grounds that the state's AG is "biased."

Why it matters: This is the second time this year that a New York judge has ruled that Trump can still face civil lawsuits, even as president, according to the New York Times. The lawsuit claims that Trump wrongfully gave $2.8 million worth of foundation donations to his campaign, used $100,000 to settle a dispute involving his Mar-a-Lago resort, and spent $10,000 on a portrait of himself to hang in one of his golf clubs. New York seeks to dissolve the Trump foundation with the lawsuit.

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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