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WEDNESDAY - 03/18/20
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"Great things are done by a series of small things brought together."
– Vincent Van Gogh
 

Welcome to Bullet Points by News Bling where we give you a well-rounded dose of bias-free news in the fewest words possible so you can start your day smart. Here's what's blinging today... 🧐
 

POLITICS 🏛️

Joe Biden sweeps Tuesday’s primaries  

  • Joe Biden won a resounding victory in Florida, Arizona, and Illinois, the three states that held primaries on March 17
  • The results widen the gap between Biden and his rival, Bernie Sanders, with many calling for Sanders to drop out after the most recent loss  
  • Ohio postponed its primary because of coronavirus concerns, becoming the fifth state to do so (Louisiana, Georgia, Kentucky, and Maryland have already announced their delayed elections)

WORLD 🌎

China rescinds American press credentials 

  • China has announced that it will be rescinding the press credentials for American journalists in retaliation for the United States’ restrictions on Chinese journalists
  • The change will impact American correspondents with the New York Times, Wall Street Journal, and Washington Post, with journalists expelled from the country
  • U.S. Secretary of State Mike Pompeo condemned the decision, describing how it will disrupt American access to information regarding the coronavirus in China 

US 🦅

Coronavirus has officially spread to all 50 states

  • West Virginia, the last U.S. state free of coronavirus, has declared its first case of COVID-19, marking the deadly virus’s spread to all 50 states, as well as three US territories
  • The death toll has officially surpassed 100 people, most of whom were over age 60

TECH 📱

Facebook bug inaccurately blocks links 

  • A bug in the Facebook News Feed spam filter is blocking links to legitimate websites such as Buzzfeed, Medium, and USA Today
  • It is not clear what is specifically triggering the bug and the issue may grow worse as coronavirus forces the company to rely more on artificial intelligence as opposed to human oversight
  • Previously, Facebook pledged to work against coronavirus misinformation online 

BUSINESS 💰

FED reveals plan for commercial paper fund to help support the flow of US credit 

  • The Federal Reserve announced Tuesday that it will be issuing short term loans to corporations. The U.S. Treasury will provide $10 billion in credit protection to the FED in an attempt to mitigate the damage done by the coronavirus
  • The plan is similar to what was implemented during the financial crisis of 2008

ECONOMY 💵

White House supports COVID-19 cash payments 

  • The Trump administration wants to send out immediate cash payments to Americans in the coming weeks to help with the economic impact of coronavirus
  • The plan, which could cost around 1 trillion dollars, may take some time for a bipartisan decision to be made
  • Secretary of the Treasury Steve Mnuchin has warned that if action is not taken quickly, the unemployment rate could reach 20%

EXTRA BLING ✨

  • Business 💼. Target to set aside hour for vulnerable customers to shop
  • Sports 🏀. Kevin Durant tests positive for coronavirus 
  • Entertainment 🎞. Jared Leto emerges from meditation retreat completely unaware of coronavirus escalation 
  • Interesting 🔎. 25,000 year old structure built with mammoth bones discovered 
  • Funny 😂. Penguins allowed to waddle around empty Chicago aquarium


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