Pence Pressed On Pandemic Plans | JPMorgan's $30 Billion Pledge | India's Richest

Good morning.

The first and only VP debate of this election cycle touched on policy issues from
racial justice to fracking. Still, the biggest talking point of the night was the fly that briefly made a home on Vice President Mike Pence’s white hair, followed closely by Pence’s seemingly pink eye

Shortly before the debate, a leading medical journal made the unprecedented move of publishing an editorial condemning the Trump administration’s handling of the pandemic—a damning indictment of Pence’s record as the head of the White House coronavirus task force. Apparently unfazed by the criticism, or by the outbreak still affecting the White House, Pence is back on the campaign trail.

Next stop:
a rally in The Villages, a large retirement community in Florida, the fourth U.S. state to record the grim milestone of 15,000 deaths by coronavirus.

Sofia Lotto Persio

Sofia Lotto Persio

Daily Dozen Curator-In-Chief | Twitter

What Else To Know Now

Trump tweeted all U.S. troops remaining in Afghanistan should be “home by Christmas,” a date that is months ahead of plans to prepare for a withdrawal by May 2021.

Trump’s Supreme Court pick Amy Coney Barrett has made headlines for her association with Indiana’s People of Praise religious group—most recently, for reportedly holding the role of “handmaid.” Perplexed? Here is what it means.

Top Take-Aways

Trump broke isolation from his White House residence to work from the Oval Office. Here’s what we do and don’t know about the president’s current treatment, and why his doctors have chosen these medications—among these, an experimental antibody therapy from Regeneron for which the company is now seeking FDA emergency approval

Trump and Biden might be poles apart on the campaign trail but the impact of their policy pledges would lead to a
surprisingly small difference in national debt. But as pollsters see a Biden victory as increasingly likely, Wall Street is looking at what a blue wave would mean for stocks and the economy.

JPMorgan pledged
$30 billion over the next five years to tackle the racial wealth gap. It’s a welcome initiative at a time when the pandemic has aggravated financial inequalities for people of color, as illustrated by these four charts.

India has been hit hard by Covid-19, with more than 6 million cases—
the world’s second-highest count—and reported a 24% plunge in economic growth for the quarter ending June. Despite this adversity, half of the nation’s 100 richest saw gains.

Countries across Europe are
imposing new restrictions as the second wave of coronavirus infections that’s swept across the region since summer-time has recently taken a turn for the worse.

In a landmark moment in the history of the U.S. software industry, the Supreme Court held a hearing on Wednesday
on a long-running legal dispute that pits tech giants Oracle and Google against one another.

LeBron James is close to winning his fourth ring, but for now he can celebrate another achievement—becoming the latest legendary athlete to grace the iconic orange Wheaties box. Staff and students from his I Promise School are featured on it, too. 

American Poet Louise Glück won the Nobel Prize in Literature, with the committee recognizing “her unmistakable poetic voice that with austere beauty makes individual existence universal.

Today's Must Read

 
Meet the Guilt-Ridden Oil Billionaire Trying to Save the Planet
 
 
 
Meet the Guilt-Ridden Oil Billionaire Trying to Save the Planet

Finland's sixth richest person, Mika Anttonen amassed a $1.4 billion fortune in the dirty business of oil and gas.

Now he’s railing
against the very industry that made him rich. But he hasn’t stopped refining.

Read The Full Story →
 

Across Forbes

 
Amazon Prime Day 2020: Tips For Getting The Best Prime Day Deals & Discounts
 
 
 

Forbes Shopping

Amazon Prime Day 2020: Tips For Getting The Best Prime Day Deals & Discounts

Officially starting at midnight PST on Tuesday, October 13, and running through the end of the day on Wednesday, October 14, this year’s Prime Day is shaping up to be bigger than ever.

To get the latest Amazon Prime Day deals and updates straight to your inbox, sign up for the Forbes Shopping newsletter. Click here to sign up instantly.

See The Deals →
Photo Description Unknown
 
 
Forbes Advisor | Smart Financial Decisions Made Simple
18.9 Million Homeowners Are Eligible For This Savings Opportunity

We mapped out where the biggest savings opportunities are, by state.

Plus: Procrastination comes with a hefty price tag, so now may be your last chance to lock in lower monthly mortgage payments. Join Forbes Advisor's free 4-week bootcamp to learn how.

Are You Eligible? →
 
 
 
Behind The Small Businesses Finding Success During The Pandemic
 
 
 

Small Business

Behind The Small Businesses Finding Success During The Pandemic
 

Even in the most challenging times, the best entrepreneurs find ways to excel. The 25 small companies listed here—all of which have less than $50 million in 2019 sales and fewer than 200 employees—are successfully navigating this turbulent year, even as some of their founders cope with personal losses from Covid-19.

Watch
 
 
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