By Martin Belam
- US reported record 1.87m new Covid-19 cases in July
- Anti-abortion centers received at least $4m from bailout funds
- Microsoft pursues TikTok deal as Pompeo says Trump will take action
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11.18am BST
One company that the coronavirus bailout measures could be coming too late for is Lord & Taylor, one of America’s oldest department stores, which has filed for bankruptcy.
Established in 1826, Lord & Taylor has long been a trailblazing brand. We are America’s oldest department store, the first to offer personal shopping, the first to open a branch store – and the first to have a female president. Today, we announced our search for a new owner who believes in our legacy and values. Part of our announcement also includes filing for Chapter 11 protection to overcome the unprecedented strain the Covid-19 pandemic has placed on our business. This strategy is part of our fierce commitment to preserve a nearly 200-year-old brand that has served local communities and loyal customers for generations.
11.06am BST
Slow, grinding negotiations on a huge Covid-19 relief bill are set to resume, reports Andrew Taylor in Washington for the Associated Press. The path forward, though, promises to be a challenge.
Both the Trump administration team and top Democrats reported some progress over the weekend, even as they highlighted their differences.
Source: US politics: coronavirus bailout funding remains in limbo – live updates
Category: US news, World news, Donald Trump, Joe Biden
