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10:20 AM ET, March 20, 2020

memeorandum

 Top Items: 
The Daily Beast:
Sen. Kelly Loeffler Dumped Millions in Stock After Coronavirus Briefing  —  The Georgia Republican is the second Senator who has gotten rid of their holdings right as the stock market went bad.  —  The Senate's newest member sold off seven figures worth of stock holdings in the days and weeks …
RELATED:
ProPublica:
Senator Dumped Up to $1.6 Million of Stock After Reassuring Public About Coronavirus Preparedness  —  ProPublica is a nonprofit newsroom that investigates abuses of power.  Sign up to receive our biggest stories as soon as they're published.  —  Soon after he offered public assurances …
Tia Mitchell / Atlanta Journal-Constitution:
Perdue, Loeffler among senators whose stock trading during coronavirus raises questions  —  Georgia's two U.S. senators bought and sold stocks during the same time they were receiving briefings on the coronavirus outbreak, leading to questions about whether they used inside information to guide their financial dealings.
Bob Brigham / Raw Story:
Republican Jim Inhofe dumped up to $450,000 in stock — the fourth GOP senator implicated in scandal: report
Discussion: Political Flare
Karl Evers-Hillstrom / OpenSecrets.org:
Senate Intel chair unloaded stocks in mid-February before coronavirus rocked markets
Dareh Gregorian / NBC News:
Burr, other senators under fire for stock sell-offs amid coronavirus outbreak
Washington Post:
Sen. Richard Burr, head of powerful committee, sold large amount of stocks before sharp declines in market
Discussion: The Week and Raw Story
Sarah Chaney / Wall Street Journal:
Trump Administration Asks States to Keep Quiet About Jobless Figures  —  Coronavirus crisis spurs a spike in unemployment claims as industries are forced to shut down  —  The Trump administration asked states to abstain from releasing unemployment-claims figures prior to the publication …
RELATED:
New York Times:
California Governor Orders All Residents to Stay Home  —  The Trump administration asked states to hold off on releasing grim data on unemployment claims, and Italy's death toll surpassed China's. … Staying at home “is not a permanent state,” California's governor says.
Elaina Plott / New York Times:
Her Facebook Friends Asked If Anyone Was Actually Sick.  She Had an Answer.  —  Heaven Frilot is normally a private person.  But this is not a normal time.  So she and her husband are now the face of the coronavirus for their conservative Louisiana community.
Patricia Cohen / New York Times:
Jobless Claims Mount as Employers and Workers Face Bleak Outlook
Discussion: POLITICUSUSA and Political Flare
Paul LeBlanc / CNN:
Exclusive: McConnell defends crafting $1 trillion stimulus plan without Democrats  —  Washington (CNN)Senate Majority Leader Mitch McConnell on Thursday defended the Senate Republicans coming up with a proposed $1 trillion economic stimulus plan to battle the coronavirus without any input from Democrats …
Discussion: Political Wire, The Hill, UPI and Politico
RELATED:
Sister Toldjah / Redstate:   Never Trumper Jen Rubin Tries a Gotcha on McConnell, but the WaPo Had to Issue an Embarrassing Correction
Jeremy B. White / Politico:
Newsom orders all 40M Californians to stay home in nation's strictest lockdown  —  BERKELEY — Gov. Gavin Newsom on Thursday ordered California's nearly 40 million residents to stay home, making it the first state to impose that strict mandate on all residents to counteract a looming surge of new infections.
RELATED:
Taryn Luna / Los Angeles Times:
More than half of Californians could become infected with coronavirus, Gov. Gavin Newsom says to Trump
Wall Street Journal:
Rethinking the Coronavirus Shutdown  —  No society can safeguard public health for long at the cost of its economic health.  —  By The Editorial Board  —  Financial markets paused their slide Thursday, but no one should think this rolling economic calamity is over.
Discussion: Power Line
Michael Donnelly:
COVID-19: NYC should brace for impact and shut down now.  —  Five days ago I wrote this medium post (COVID-19: New York Will Be The Next Italy, But Doesn't Have to Be).  In it, I forecast that NYC's hospitals would be at capacity as early as March 30.  Unfortunately, I was wrong.
Ronald Brownstein / The Atlantic:
Red and Blue America Aren't Experiencing the Same Pandemic  —  Even a disease as far-reaching as the coronavirus hasn't entirely crossed the chasm between red and blue America.  —  In several key respects, the outbreak's early stages are unfolding very differently in Republican- and Democratic-leaning parts of the country.
Discussion: WCMH-TV
Hannah Kuchler / Financial Times:
US drugmaker doubled price on potential coronavirus treatment  —  Therapy touted by President Trump made more expensive in January as China outbreak spread  —  The only US drugmaker that makes a potential treatment for the coronavirus that was touted by President Donald Trump raised the price …
Discussion: US Food and Drug …, The Week and CNN
RELATED:
Nihar Kabinittal / ABC News:
Coronavirus upends nation as three in four Americans' lives changed by pandemic: POLL  —  A new ABC News/Ipsos poll shows a far different portrait of a country.  —  As a deepening public health crisis rocks the nation, a new ABC News/Ipsos poll released Friday shows a far different portrait …
Paul Krugman / New York Times:
3 Rules for the Trump Pandemic  —  One: Don't trust the president.  —  So Donald Trump is now calling Covid-19 the “Chinese virus.”  Of course he is: Racism and blaming other people for his own failures are the defining features of his presidency.  But if we're going to give it a nickname …
RELATED:
Erik Ortiz / NBC News:
NBC News employee dies after testing positive for coronavirus  —  Larry Edgeworth “was the guy you wanted by your side no matter where you were,” NBC News Chairman Andy Lack wrote to staff members.  —  A longtime employee of NBC News died Thursday after testing positive for the coronavirus …
Discussion: The Wrap
Peggy Noonan / Wall Street Journal:
We Need Time to Absorb All This  —  Everyone is thinking through the reality of the coronavirus pandemic and how to rise to the occasion.  —  This is a quick piece that touches on where we are, where we may be going, and an attitude for the journey.  —  The screenwriter Lawrence Kasdan once …
Stephen Collinson / CNN:
Trump peddles unsubstantiated hope in dark times  —  (CNN)To fight the coronavirus, President Donald Trump is adopting the audacity of false hope.  —  For the past two days, Trump has said he is dispensing “game changer” breakthroughs on treatments and a wartime-style effort …
Discussion: IJR and HuffPost
RELATED:
Manny Fernandez / New York Times:
Coronavirus and Poverty: A Mother Skips Meals So Her Children Can Eat  —  Americans with tight financial resources have fewer options as they navigate coronavirus closures and layoffs.  —  BRENHAM, Texas — With her six hungry children in the car, Summer Mossbarger was one of the first in line for lunch at the drive-through.
Kansas City Star:
Kansas official: Pandemic isn't a problem here because there are few Chinese people  —  BY THE KANSAS CITY STAR EDITORIAL BOARD  —  The chairman of the Riley County Commissioners suggested this week that the global coronavirus pandemic is not a problem locally because unlike in Italy …
Adam Serwer / The Atlantic:
Donald Trump's Cult of Personality Did This  —  The president of the United States is a menace to public health.  —  I don't mean that I disagree with him on policy, although I do.  I don't mean that I abhor the president's expressed bigotry toward religious and ethnic minorities, although that is also true.
Discussion: Kaiser Health News and Reason
Jennifer Gonnerman / New Yorker:
A Rikers Island Doctor Speaks Out to Save Her Elderly Patients from the Coronavirus  —  Rachael Bedard is a geriatrician who works on Rikers Island, caring for the oldest and sickest people in the New York City jail system.  This week, as Mayor Bill de Blasio banned large gatherings …
Dan Diamond / Politico:
Trump's new public health ‘star’  —  After being sidelined for much of the Trump administration, U.S. Surgeon General Jerome Adams has suddenly emerged as a key player in its messaging about the coronavirus outbreak, often echoing the president's arguments and winning his favor.
Michelle Kaufman / Miami Herald:
American Airlines grounds 55,000 flights, offers voluntary leaves to employees  —  American Airlines is grounding 55,000 flights in April and is parking 450 planes — about half of its fleet — in response to decreased demand and travel restrictions due to the coronavirus pandemic.
Discussion: The Points Guy
RELATED:
travel.state.gov:
Global Level 4 Health Advisory - Do Not Travel
 
 
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 More Items: 
Julia Jester / NBC News:
Yang nonprofit announces coronavirus relief effort for the Bronx
Discussion: Fox News
Rebecca Shabad / NBC News:
Fauci predicts Americans will likely need to stay home for at least several more weeks
Jon Meacham / New York Times:
We Can't Let Coronavirus Postpone Elections
Josh Wingrove / Bloomberg:
Trump Oversells Breakthroughs in Boasts of U.S. Virus Response
Discussion: The Daily Beast and Raw Story
Baltimore Sun:
Howard County 5-year-old is first Maryland child with confirmed coronavirus; Hogan says some …
Teva USA:
Teva to Donate Potential COVID-19 Treatment, Hydroxychloroquine Sulfate Tablets to Hospitals Nationwide
New York Times:
Under the Virus's Cloak, Trump Pursues Long-Sought Policies
Jordan Fabian / Bloomberg:
Trump Told Governors to Buy Own Virus Supplies, Then Outbid Them
 Earlier Items: 
Tomas Pueyo:
Coronavirus: The Hammer and the Dance
Josh Rogin / Washington Post:
Don't blame ‘China’ for the coronavirus — blame the Chinese Communist Party
Washington Post:
The inside story of the CPAC scare: When the coronavirus passed within a handshake of the president …
Discussion: National Review
Annie Gowen / Washington Post:
Coronavirus deniers and hoaxers persist despite dire warnings, claiming 'it's mass hysteria'
Shira Stein / Bloomberg Law:
Trump's 500 Million Respirators Could Take 18 Months to Deliver
Discussion: Raw Story, Slate and The Independent
Washington Post:
Coronavirus will radically alter the U.S.
 

 
From Mediagazer:

Jessica Toonkel / Wall Street Journal:
A deep dive into Paramount's sale to Skydance; sources: Skydance may integrate Pluto into Paramount+, and CBS head George Cheeks is expected to be head of TV

New York Times:
In a first, Telegram is set to be profitable in 2024, with $1B+ in revenue, up from ~$350M in 2023, and 12M subscribers; source: 50%+ of its revenue is from ads

Cecilia D'Anastasio / Bloomberg:
Riot Games says it spent $250M on an unusual deal to finance two seasons of League of Legends show Arcane on Netflix; sources: there was no plan to recoup costs

 
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