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Biden calls on Trump to wear a mask, limit rallies amid coronavirus surge

Laying out his plans to combat the coronavirus during a speech on Tuesday, Joe Biden stared into the camera, addressed President Trump and questioned his fitness to lead the nation: "America needs a president."

The state of play: The former vice president pleaded with Trump to wear a mask, institute a national plan for reopening the country and economy, and unite the American people amid the pandemic.


  • "The crisis is real and it’s surging, Mr. President. America knows that this crisis isn’t behind us, even if you don’t," Biden said.
  • "The American people didn’t make enormous sacrifices over the past four months so you could waste your time with late-night rantings and tweets," he added.

The big picture: Biden used the address in Wilmington, Delaware, with a giant American flag as his backdrop, to explain how he would handle the coronavirus differently than Trump.

  • His coronavirus plan was an updated version of the one he first unveiled in March, but he salted it with criticism of what the president has done since then and focused on the country's rising caseload.
  • He also promised to keep Anthony Fauci in government to help him respond to the crisis.

The other side: The Trump campaign fired back and said Biden "botched" his criticism.

  • "The United States leads the world in coronavirus testing, with more than 22 million tests completed and nearly half a million new tests being conducted per day," the Trump campaign said in an email blast.
  • Reality check: Public health experts have argued that the country needs to reach 900,000 tests per day in order to reach targets necessary to begin containing the virus.

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Driving the news: Industry executives and lobbyists paid very close attention to Treasury Secretary nominee Janet Yellen's confirmation hearings this week, and came away convinced that tax reform isn't on the near-term agenda.

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Stuart Haselden steps down as CEO of luggage startup Away

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Why it matters: Haselden, formerly with Lululemon, appeared to have established executive stability at Away, whose co-founder Steph Korey previously resigned as CEO before retaking the reins alongside Haselden and then resigning again.

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2021 Tokyo Olympics hang in the balance as Japan's COVID-19 cases surge

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Driving the news: The Japanese government has privately concluded that the Games will have to be called off, The Times reports (subscription), citing an unnamed senior government source.

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Why it matters: Never before has a president done more by executive fiat in such a short period of time than Biden. And those specific actions, coupled with a push for a more progressive slate of regulators and advisers, look more like the Biden of the Democratic primary than the unity-and-restraint Biden of the general election.

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Review of Trump ban marks major turning point for Facebook

Facebook's decision to ask its new independent Oversight Board to review the company's indefinite suspension of former President Trump is likely to set a critical precedent for how the social media giant handles political speech from world leaders.

What they're saying: "I very much hope and can expect … that they will uphold our decision," Facebook's VP of global affairs Nick Clegg tells Axios.

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What we know about the Apple car

Apple's moves toward breaking into the market for self-driving cars have come in fits and starts, but it has big ambitions for the space and is moving forward both with its own efforts and with potential partnerships with automakers.

Why it matters: Apple has great businesses in phones and computers, but its long-term growth potential will depend on conquering an entirely new market. Improving health care and playing a role in autonomous vehicles appear to be its two biggest bets on that front.

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Banks cash in as Wall Street blows out Main Street

America’s big banks capped off a winning year, led by soaring Wall Street-facing business lines.

Why it matters: Banks cashed in on the white-hot IPO market, record debt issuance, and sky-high trading volume — all of which played out as economic peril softened the consumer side of their businesses.

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