Aug 17, 2018

Trump's military parade could be delayed until next year

Lauren Meier

President Donald Trump watches the annual Bastille Day military parade in France. Photo: Mustafa Yalcin/Anadolu Agency/Getty Images

The highly anticipated military parade proposed by President Trump that was originally slated for November 10, could be delayed until next year, reports the Washington Post citing a Pentagon spokesperson.

Why it matters: The delay is likely due to a significant increase in cost, first reported by CNBC, which was allegedly raised $80 million to $92 million, from the original $12 million estimate.

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Axios

Situational awareness

Photos: Jeff Kowalsky/AFP via Getty Images; Alex Wong/Getty Images

Catch up on today's biggest news:

  1. Bloomberg campaign says Tennessee vandalism "echoes language" from Bernie supporters
  2. Scoop: New White House personnel chief tells Cabinet liaisons to target Never Trumpers
  3. Trump misrepresents 2020 Russia briefing as Democratic "misinformation"
  4. Bernie Sanders takes aim at Bloomberg: "Trump will chew him up and spit him out"
  5. Nearly half of Republicans support pardoning Roger Stone
  6. Scoop: Lyft acquires cartop advertising startup Halo Cars
Keep ReadingArrowUpdated 4 mins ago - Politics & Policy
Fadel Allassan

Sanders takes aim at Bloomberg: "Trump will chew him up and spit him out"

Photo: Mario Tama/Getty Images

Bernie Sanders told CBS "60 Minutes" that he was surprised by Mike Bloomberg's lackluster performance at Wednesday's Democratic debate.

What he's saying: "If that's what happened in a Democratic debate, you know, I think it's quite likely that Trump will chew him up and spit him out."

Go deeperArrow56 mins ago - Politics & Policy
Kia Kokalitcheva

Scoop: Lyft acquires cartop advertising startup Halo Cars

Photo: Drew Angerer/Getty Images

Lyft has acquired Halo Cars, a small startup that lets ride-hailing drivers earn money via ad displays mounted atop their cars. Lyft confirmed the deal but declined to share any details.

Why it matters: Ride-hailing companies are increasingly eyeing additional ways to generate revenue, and Lyft rival Uber has been quietly testing a partnership with New York-based Cargo that gives it a cut of the advertising revenue, as I previously reported.

Go deeperArrow1 hour ago - Economy & Business