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FOX Daily update ⋅ April 10, 2020NEWS Dems block McConnell bid to swiftly approve $250B more for small business fundBut Cardin objected. And McConnell formally rejected the Democrats' alternative proposal -- creating an impasse. CLICK HERE FOR THE FOX NEWS ...Flag as irrelevant Today on Fox News: April 10, 2020Chris Wallace, host of "Fox News Sunday," talks about what this means for presumptive Democratic presidential nominee Joe Biden and why he thinks ...Flag as irrelevant Fox News Poll: Biden and Trump now tied in race for White HouseAccording to a new Fox News Poll of registered voters, the incumbent president and presumed Democratic nominee now tie with 42 percent support ...Sanders raises eyebrows with move to amass delegates for convention 'influence,' lack of Biden ... - Fox NewsFlag as irrelevant Gas hits $1.89 nationwide average, but you can get it for 79 cents in one stateA store employee confirmed to Fox News Autos that both stations, which are located about an hour outside of Minneapolis, are under the same ...Flag as irrelevant Meet the former NYT reporter who is challenging the coronavirus narrative... we have taken has caused enormous societal devastation, I don't think that's too strong a word," he told Fox News in an interview Thursday.Flag as irrelevant Dr. Manny's diagnosis for America: "The patient is critical but stable'Fox News contributor Dr. Manny Alvarez gave his diagnosis for the state of America amid the coronavirus pandemic: "The patient is critical but stable.".Flag as irrelevant Rupert Murdoch, Fox News' Covid-19 misinformation is a danger to public healthThe average age of Fox News viewers is 65. It is well established that this population incurs the greatest risk from the Covid-19 pandemic. In other words ...Flag as irrelevant Can you get coronavirus twice?Fox News' Travis Fedschun and The Associated Press contributed to this report. Bradford Betz is an editor for Fox News. Follow him on Twitter @ ...Flag as irrelevant FOX News Channel to Present "America Together: Keeping the Faith" and Special Live ...FOX News Channel (FNC) will present extensive live programming on Easter Sunday entitled, "America Together: Keeping the Faith," in celebration of ...Flag as irrelevant 'Tiger King' Joe Exotic: Fox and TMZ to expose 'What Really Went Down'Fox and TMZ are joining forces for a special with “never-before-seen-footage,” The Hollywood Reporter reports. “TMZ Investigates Tiger King — What ...Flag as irrelevant WEB Key coronavirus model revised with lower projected US death tollHealth Metrics Sciences professor Dr. Ali Mokdad produces coronavirus models and weighs in on the positive changes to the numbers.Flag as irrelevant Houston hospital performs nation's first plasma transfusionHouston Methodist Hospital CEO Dr. Marc Boom on using plasma transfusions to treat coronavirus.Flag as irrelevant Marketing Student PanelWe're hosting a virtual happy hour with current students from the three marketing-related Fox Specialized Master's programs: MS in Marketing, MS in ...Flag as irrelevant Kaira FoxKaira Fox. Director of Outreach and Service. Kaira, has been with the City for the past six years, first serving as the Roxbury Liaison under Mayor ...Flag as irrelevant WWII Vet Shows his MovesFox News · 4 mins ·. "This just made my day" — Justin Timberlake. "Dancing Chuck," a 97-year-old WWII veteran rocked out to Justin Timberlake's ...Flag as irrelevant Together AgainAn officer in Texas had an emotional reunion with his son after being in isolation for three weeks. #AmericaTogether.Flag as irrelevant Sen. Gardner on Fox News to Discuss the 100 Ventilators Secured forWashington, D.C. – U.S. Senator Cory Gardner (R-CO) joined Fox News today to discuss the news that the federal government will immediately ...Flag as irrelevant MARKETS
NASDAQ8,153.58+ 0.77%S&P2,789.82+ 1.45%DJIA23,719.37+ 1.22%GOLD1,739.60+ 3.28%10-YR0.729%- 4.10 bpsOIL23.18- 7.61%*As of market close- U.S. markets: Despite being an all-around brutal week for the economy, the S&P polished off its best week since 1974. Don’t ask for an encore, because U.S. markets are closed today for Good Friday.
- Oil: Saudi Arabia and Russia agreed to production cuts to revive the sputtering oil market. OPEC+ will seek additional cuts from Group of 20 energy ministers, who meet today.
TECH
Zoom Races to Catch Up With Itself
Francis ScialabbaIn the coronavirus pandemic era, videoconferencing company Zoom has quickly zum from successful enterprise firm → essential utility → new face of Big Tech's privacy and security challenges.To break that journey down...Part 1: Founded in 2011, Zoom met rising demand for workplace video calls that 1) didn't freeze every 10 minutes and 2) launched quickly. It did that well—when Zoom went public last April, shares popped 72% in an otherwise meh year for IPOs.Part 2: As social distancing became the norm over the past month, Zoom's usage has exploded about 20x since December. And it's not just the numbers—the types of users have changed as well; schools, religious institutions, and friends are using it to connect.Part 3: With all that traffic, Zoom's flaws have been exposed. A report from The Intercept showed the service did not have end-to-end encryption, despite marketing itself to that effect. Others found security holes that could allow hackers to plant malware. And then there are the trolls—people who "Zoombomb" calls by sneaking in and displaying inappropriate content like pornography.- The Senate's sergeant at arms reportedly warned the chamber's members not to use the service. Many private sector firms, like Google and SpaceX, have banned employees from using it.
- Zoom has patched many of those security issues and apologized for the encryption debacle. Last week, it instituted a 90-day pause on other initiatives to devote engineering resources exclusively to privacy and security.
~Zoom~ out: Achilles needed his heel to become Greece's greatest warrior and Zoom needed a super-simple user experience to become popular. It's this ease of use—like the ability to join calls with one click—that made Zoom vulnerable to attacks.Plus, it wasn't prepared for the influx of non-enterprise users. Zoom typically leaves some security practices up to customers, since in normal circumstances they're businesses. But it's less reasonable to ask teachers or your aunt who's three Chardonnays deep to configure their own security settings.JOBS
The Cursed Chart Returns
Last week, 6.6 million U.S. workers filed for unemployment, the Labor Department reported yesterday. Feeling déjà vu? The agency also also reported 6.6 million first-time claims the last full week of March, a staggering number it's since revised up to 6.9 million.We had to break out the calculator to tackle these numbers. In a three-week span, nearly 17 million workers (about 10% of the U.S. workforce) filed for unemployment. Pennsylvania and California accounted for ~20% of claims.- To handle the influx, New York has 1,000 people processing unemployment applications. It's also fronting the money for $600 payments individuals can claim under the federal relief package on top of regular unemployment checks.
Experts don't know how far up the mountain we are, but they're pretty sure the summit is a ways off. Moody's projects 45 million jobs are at risk because of this pandemic.Big picture: A couple more weeks of numbers like this and the U.S. economy will wipe out the 24.8 million jobs gained from February 2010 to February 2020.ECONOMY
He Is Not Throwing Away His Shot
U.S. Federal ReserveIf Jerome Powell isn't the subject of a Lin-Manuel Miranda musical when Broadway returns, we give up. The Fed chair unleashed $2.3 trillion in additional stimulus juice to try to save the U.S. economy from its worst possible fate.We keep saying these Fed measures are bigger than the last, but...this one may actually be. Yesterday's infusion targets "Main Street" with loans to households, small and mid-sized businesses, and cash-strapped state and local governments.- The Fed raised some eyebrows by saying it'll directly buy municipal debt and fund the purchases of some high-yield bonds—an unusual move.
But these are "very unusual circumstances," Powell said on a webcast carried by the Brookings Institution. "The Fed's role is to provide as much relief and stability as we can" during this time. Powell also acknowledged that the Fed only has "lending powers, not spending powers." It needs to get paid back.Bottom line: The Fed is using every tool imaginable—slashing interest rates, ensuring liquidity in credit markets, and now directly helping small businesses—to, in Powell's words, make people "whole."SPONSORED BY ATHLETIC GREENS
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Walmart = Mr. Freeze, Amazon = Dude in Cargo Shorts
GiphyWe promised we wouldn't use this GIF in the newsletter unless it was absolutely necessary.That moment has arrived. A new report from App Annie shows that Walmart Grocery came from wayyyy behind to snag the No. 1 downloaded shopping app in the U.S. last week, topping Amazon by 20%.- Walmart Grocery's average daily downloads were up 460% over January, as of April 5.
App AnnieAn interesting wrinkle: Pre COVID-19, Walmart had planned to fold Grocery into its flagship mobile app and website. The company told TechCrunch it hasn't changed its thinking despite the current popularity of the app.QUIZ
Quizi
A reminder that today is Friday, and pet adoption is surging throughout the U.S. It's the Brew’s Weekly News Quiz.1. Fill in the blank: Massachusetts is launching the U.S.' first major ____ ____ program to slow the coronavirus’s spread.- How it works: When a patient tests positive, you make a list of everyone they came in close contact with. Then, you find those people and make sure they self-isolate so they can't infect others.
2. The Federal Reserve temporarily lifted its cap on Wells Fargo’s growth so it could continue lending through the $349 billion PPP program. What does PPP stand for?3. Facebook quietly launched a messaging app for couples to privately send each other messages, music, photos, and moods. What is it called?- Hang
- Meetcute
- Tuned
- SnapChateau
4. Name the company: Last April, it became the U.S.’ first drone operator to be FAA-certified as an air carrier, and in October it rolled out a test delivery program in Christiansburg, VA. Now, it's adding more vendors and new items amid a surge in demand.5. What did the CPBL's Rakuten Monkeys announce they’ll be putting in empty stadium seats this Saturday for opening day?- Robot mannequins
- Hecklers, to prepare the team for away games
- Free-standing screens displaying fan-submitted photos
- The players’ cats and dogs
Or, you can keep scrolling for the answers.HOLIDAYS
James D. Morgan/Getty ImagesBetween Passover, Easter, and Ramadan (which begins later this month), we hope you and your loved ones are finding ways to connect and celebrate even in these unconventional times.Above, Australian priest Tony Sarkis made sure his congregation could join him for Easter services.WHAT ELSE IS BREWING
- U.K. Prime Minister Boris Johnson was released from intensive care yesterday after his COVID-19 symptoms improved.
- U.S. air travelers have fallen back to 1954 levels. The TSA screened just under 95,000 travelers on Wednesday.
- The Senate failed to agree to the terms for an additional $250 billion aid package for small businesses.
- 24 hours in the fight to save New York.
- Smithfield will temporarily shut its pork processing plant in South Dakota after more than 80 employees contracted COVID-19.
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Here are some reader favorites from The Essentials, our new pop-up newsletter helping you stay entertained, active, and happy during quarantine:- How to throw a PowerPoint party
- A list of free, online board games
- This whipped coffee recipe from TikTok
Sign up here to get The Essentials sent to your inbox tonight.FROM THE CREW
Elbow Bump of the Day
Today, we’re elbow bumping the mental health counselors and volunteers on the other side of crisis and suicide call/text lines. Thank you for providing an outlet for COVID-19 anxieties around the world, even as you deal with the crisis yourselves.To everyone at the National Suicide Prevention Lifeline, Crisis Text Line, and many more: We at Morning Brew are grateful for the work you do always, but especially now.FRIDAY HEADLINES
No Saturday newsletter means our headline quiz gets bumped to Friday. Can you spot the news story we made up?- “Jack Dorsey gets blasted over his $1 billion donation to COVID-19 relief: 'That's only 28% of his total wealth'"
- “Japanese cook draws every meal he eats, now has 32 years' worth”
- “Crowd of 30 middle-aged Pink Floyd fans defy police in New Jersey to hold a 'corona street party' where they played the band's greatest hits”
- “Wimbledon paid pandemic insurance for almost 20 years. Now it’s getting $141 million”
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ANSWERS
Friday Headlines: Jack Dorsey isn't getting much criticism over his donation, as far as we know.Quiz: 1. Contact tracing 2. Paycheck Protection Program 3. Tuned 4. Wing 5. Robot mannequins
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