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WASHINGTON (AP) — President Donald Trump has been forced to play defense in states he led comfortably months ago, and on Thursday he set his sights on Ohio. The visit was an attempt to reframe the centerpiece of his reelection pitch.At Burke Lakefront Airport in Cleveland, the president delivered a short speech promoting his reelection campaign and highlighting his administration's work in the state. Watch his remarks below:Trump promoted the economic prosperity that much of the nation enjoyed before the coronavirus pandemic, and tried to make the case that he's best suited to rebuild a crippled economy.However, Trump's handling of the pandemic has weakened his reelection bid and he's having to spend time and resources in a state he won easily in 2016, but now could be in danger of slipping away.Shortly before the speech, Ohio Gov. Mike DeWine's office announced that the Republican leader had tested positive for the coronavirus.DeWine's office said Thursday he took the test as part of standard protocol before meeting Trump. He had planned to join the president on a visit to the Whirlpool Corp. plant in northwest Ohio.The governor's office said DeWine has no symptoms but is returning to Columbus. His office said he and his wife, Fran DeWine, will both be tested there. DeWine then plans to quarantine at his home in Cedarville for 14 days.Lt. Gov. Jon Husted tested negative. 1402
Walmart has agreed to buy India's leading online retailer Flipkart, paying billion for a controlling stake of 77%.Flipkart gives Walmart access to a market it has been trying to crack for years. Foreign investment regulations have thus far prevented the Arkansas-based retailer from opening stores in India, restricting it to operating 21 wholesale distribution outlets."India is one of the most attractive retail markets in the world, given its size and growth rate, and our investment is an opportunity to partner with the company that is leading transformation of e-commerce in the market," Walmart CEO Doug McMillon said in a statement.The deal is subject to regulatory approval.SoftBank CEO Masayoshi Son, whose company is one of Flipkart's biggest investors, let news of the deal slip earlier on Wednesday while presenting his company's earnings.SoftBank invested .5 billion in the Bangalore-based company last year. Son said that the sale to Walmart valued SoftBank's stake at billion.Many of Flipkart's other investors will retain stakes in the company, including co-founder Binny Bansal, Chinese tech giant Tencent and Microsoft, Walmart said in a statement. Walmart's interest in investing in the Bangalore-based firm was first reported in 2016, and a deal boosts its firepower in a battle with Amazon in the world's fastest growing major economy.Amazon has long considered India one of its most important overseas markets.Amazon CEO Jeff Bezos has committed to investing at least billion in his company's India business, saying in 2016 that he saw "huge potential" in the country. Amazon has introduced its Prime video and music services in India in its effort to challenge Flipkart, as well as its annual Prime Day blockbuster sale.Flipkart now has an even bigger war chest to fend off Amazon in an e-commerce market that Morgan Stanley estimates will be worth 0 billion by 2026. The Indian firm could also speed up its expansion into groceries, an area that has already pitted Amazon against Walmart in the United States.Amazon may have been trying to spoil Walmart's plans until the very last minute. Indian media reported in early May that it made a counteroffer to buy Flipkart. 2223

WASHINGTON (AP) — Defense Secretary Jim Mattis says he plans to visit the U.S.-Mexico border, where troops are helping erect barriers and performing other tasks in support of border security.Mattis gave no details in a brief comment to reporters Tuesday, but ABC News sources said he would be in Texas.About 5,800 active duty troops are assigned to the border mission. Of those, about 1,000 are on or near the border in south Texas.President Donald Trump ordered troops to the border in response to a caravan of migrants slowly making its way through Mexico toward the U.S.RELATED: CBP closing lanes in San Ysidro, Otay?Mesa as migrant caravan approaches In earlier comments, Mattis said the military's mission on the border has not changed "at this time," even though the lead migrant caravan is no longer headed toward south Texas. The caravan is now in western Mexico, with most of the migrants appearing to be headed toward Tijuana. 949
WASHINGTON — The International Monetary Fund has sharply lowered its forecast for global growth this year because it envisions far more severe economic damage from the coronavirus than it did just two months ago. The IMF predicts that the global economy will shrink 4.9% this year, significantly worse than the 3% drop it had estimated in its previous report in April. It would be the worst annual contraction since immediately after World War II. For the United States, the IMF predicts that the nation’s gross domestic product — the value of all goods and services produced in the United States — will plummet 8% this year, even more than its April estimate of a 5.9% drop. 683
WASHINGTON — Congressional leaders appear to be on the brink of a COVID-19 economic aid package, but there's no deal yet. As negotiators went home from the Capitol Wednesday, agreement seemed near on legislation that would extend help to individuals and businesses and ship coronavirus vaccines to millions. Negotiators are working on a 0 billion package that would revive subsidies for businesses hit hard by the pandemic, help distribute new vaccines, fund schools and renew soon-to-expire jobless benefits. They're also looking to include new direct payments of about 0 to most Americans. There's intense pressure for a deal. Unemployment benefits run out Dec. 26 for more than 10 million people. Many businesses are barely hanging on after nine months of the pandemic. 786
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