Reed Hasting’s New Script | California Fires Rage | Fashion’s China Problem

Plus: Forbes 400 2020: The Definitive Ranking Of Wealth In America

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• Trump Mulls Ban On Cotton From China’s Xinjiang Region Amid Human Rights Violations: Report 

• TikTok Parent Doles Out Bonus Pay To Staffers As Deadline For U.S. Ban Approaches

• Trump Supports Probe Of Postmaster General DeJoy Over Charges Of Campaign Finance Violations

• China’s Exports Surged 9.5% In August Despite Escalating Tensions With The U.S.

• Trump Rips Into U.S. Military Leaders But Insists Soldiers Love Him

Top Take-Aways

The $300 and $400 extra unemployment benefits authorized by President Trump have started to go out in a number of states but the process has left many claimants wondering when they will see the boost. Here’s when payments begin in each state.

California’s Creek Fire has continued to rapidly grow to the point where it’s now even impacting the weather, forming “fire-breathing dragon of clouds” miles into the air, while conditions on the ground continue to grow more serious—nearing 80,000 acres and with 0% contained.
MORE: California fire is latest gender reveal to go disastrously wrong.

When should you get the flu shot? Should Covid-19 affect your decision?

Netflix upended show business long before the pandemic hit. But with a highly unusual management style, its billionaire founder has positioned his entertainment juggernaut to prosper like few companies in the world. How Reed Hastings rewrote the Hollywood script.

Walt Disney World and Universal Orlando Resort both reached their capacity limits—which have been sharply reduced—over Labor Day weekend for the first time since reopening, but the theme park industry is preparing for a rough fall, with recently announced layoffs and early closures.

The Tokyo Summer Olympics 2021 will go forward despite the coronavirus. While Olympics officials are scrambling to figure out what the postponed summer games will look like, public health experts are skeptical unless a vaccine is widely available around the world.

Today's Must-Read

Pandemic be damned: America’s 400 richest are worth a record $3.2 trillion, up $240 billion from a year ago, aided by a stock market that has defied the virus. Amazon founder and CEO Jeff Bezos, worth $179 billion, is No. 1 for the third year in a row, followed by Bill Gates at No. 2, worth $111 billion.

It still takes at least $2.1 billion, unchanged for the past three years, to make the cut. Even in these trying times mega-fortunes are still being minted. We welcome 18 new members to the ranking, who made their piles in everything from electric trucks to the now-ubiquitous Zoom.

There are 9 returnees—former 400 members who fell off the list and have made a comeback. Two from last year’s list died, and 25 dropped off as their fortunes fell; 10 of those setbacks were directly attributable to the Covid crisis. See the full ranking here.

MORE:

Elon Musk, Jack Dorsey And The Big Gainers: These Billionaires Have Gotten The Richest Over The Past Year

Trump’s Net Worth: The Billionaire-In-Chief’s Net Worth Drops $600 Million In A Year To $2.5 Billion

Newcomers: 18 Billionaires Join The Forbes 400 List In 2020

Richest Women In America: Alice Walton And 55 Others Are Wealthier Than Ever

Falling Fortunes: Warren Buffett, Sheldon Adelson And 400 Members Who Saw The Biggest Losses

Rich, But Not Rich Enough: Kanye West, WWE’s Vince McMahon Among 233 Billionaires Who Didn’t Make The Forbes 400 List This Year

Across Forbes