FREE WHITEWATER

Daily Bread for 4.28.20

Good morning.

Tuesday in Whitewater will be cloudy with late afternoon rain and a high of sixty-seven.  Sunrise is 5:51 AM and sunset 7:53 PM, for 14h 02m 15s of daytime.  The moon is a waxing crescent with 25.7% of its visible disk illuminated.

Today is the one thousand two hundred sixty-seventh day.

Whitewater’s Finance Committee meets at 4:30 PM.

 On this day in 1986, high levels of radiation resulting from the Chernobyl disaster (having occurred on 4.26.1986) are detected at a nuclear power plant in Sweden, leading Soviet authorities to publicly announce the accident.

Recommended for reading in full —

Greg Miller and Ellen Nakashima report President’s intelligence briefing book repeatedly cited virus threat:

U.S. intelligence agencies issued warnings about the novel coronavirus in more than a dozen classified briefings prepared for President Trump in January and February, months during which he continued to play down the threat, according to current and former U.S. officials.

The repeated warnings were conveyed in issues of the President’s Daily Brief, a sensitive report that is produced before dawn each day and designed to call the president’s attention to the most significant global developments and security threats.

For weeks, the PDB — as the report is known — traced the virus’s spread around the globe, made clear that China was suppressing information about the contagion’s transmissibility and lethal toll, and raised the prospect of dire political and economic consequences.

But the alarms appear to have failed to register with the president, who routinely skips reading the PDB and has at times shown little patience for even the oral summary he takes two or three times per week, according to the officials, who spoke on the condition of anonymity to discuss classified material.

Erin Griffith and David McCabe report April Start-Ups Pursue ‘Free Money’ With Relief Funds, Prompting Backlash:

Domio, a start-up that offers short-term rentals, has its headquarters in a New York City loft that features beer on tap, a game room and a wall of house slippers for visitors. The fast-growing and unprofitable company has raised $117 million in venture capital, including $100 million in August.

When the coronavirus pandemic caused Domio’s bookings to dry up last month, it laid off staff but did not ask its investors for more funding. Jay Roberts, Domio’s chief executive, said it had no immediate need to raise more money and most likely had enough cash to last until 2021.

Instead, Domio applied for a federal loan under the Paycheck Protection Program, the $349 billion plan to save jobs at small businesses during the outbreak. It received a loan on April 13. Three days later, the program’s funding ran out, even as hundreds of hard-hit restaurants, hair salons and shops around the country missed out on the relief.

Questions about whether the funds were disbursed fairly and whether some applicants deserved them have drawn scrutiny to the aid program. Several companies that got millions of dollars in loans, such as the Shake Shackand Kura Sushi restaurant chains, faced criticism and eventually gave the money back. On Friday, President Trump signed legislation approving a fresh $320 billion to replenish the program, which the Small Business Administration is directing.

Hubble at 30. New and favorites images explained by astrophysicist:

Subscribe
Notify of

0 Comments
Inline Feedbacks
View all comments