Jan 19, 2018

Trump won't go to Mar-a-Lago until funding bill passes

Photo: Alex Wong / Getty Images

The White House announced this morning that President Trump — scheduled to depart Washington at 4:30 p.m. for a $100,000-per-couple fundraiser at Mar-a-Lago tomorrow — will remain in the capital until Congress can pass a continuing resolution to fund the government.

Why it matters: It shows that the Trump administration is acutely aware of what's at stake should a government shutdown start tonight — as well as the optics of Trump at a glitzy 2020 fundraiser in the midst of it all.

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Coronavirus kills 2 Diamond Princess passengers and South Korea sees first death

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. U.S. numbers include Americans extracted from Princess Cruise ship.

Two elderly Diamond Princess passengers have been killed by the novel coronavirus — the first deaths confirmed among the more than 600 infected aboard the cruise ship. South Korea also announced its first death Thursday.

The big picture: COVID-19 has now killed more than 2,200 people and infected over 75,465 others, mostly in mainland China, where the National Health Commission announced 118 new deaths since Thursday.

Go deeperArrowUpdated 6 hours ago - Health

SoftBank to cut its stake to get T-Mobile's Sprint deal done

Illustration: Rebecca Zisser/Axios

T-Mobile and Sprint announced a revised merger agreement that will see SoftBank getting a smaller share of the combined company, while most shareholders will receive the previously agreed upon exchange rate. The companies said they hope to get the deal as early as April 1.

Why it matters: The amended deal reflects the decline in Sprint's business, while leaving most shareholders' stake intact and removing another hurdle to the deal's closure.