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Former GOP presidential candidate Herman Cain has died after being hospitalized with the coronavirus. He was 74.The news of his passing was posted on his website by Dan Calabrese, as well as his verified Twitter account. 228

Following the FBI's admission that it failed to properly act on a tip on Jan. 5 about the man who killed 17 people at a Florida high school, Governor Rick Scott called for FBI Director Christopher Wray to resign."We constantly promote 'see something, say something,' and a courageous person did just that to the FBI. And the FBI failed to act," Scott said in a statement. "'See something, say something' is an incredibly important tool and people must have confidence in the follow through from law enforcement. The FBI Director needs to resign."Read Scott's full statement below.Today, Governor Rick Scott made the following statement regarding the FBI’s admission that they failed to take action after receiving information on January 5, 2018, regarding “[Nikolas] Cruz’s gun ownership, desire to kill people, erratic behavior, and disturbing social media posts, as well as the potential of him conducting a school shooting.”Governor Scott said, “The FBI’s failure to take action against this killer is unacceptable. The FBI has admitted that they were contacted last month by a person who called to inform them of Cruz’s ‘desire to kill people,’ and ‘the potential of him conducting a school shooting.’“Seventeen innocent people are dead and acknowledging a mistake isn’t going to cut it. An apology will never bring these 17 Floridians back to life or comfort the families who are in pain. The families will spend a lifetime wondering how this could happen, and an apology will never give them the answers they desperately need.“We constantly promote ‘see something, say something,’ and a courageous person did just that to the FBI. And the FBI failed to act. ‘See something, say something’ is an incredibly important tool and people must have confidence in the follow through from law enforcement. The FBI Director needs to resign.”Nikolas Cruz, who has confessed to police to being the shooter, showed patterns of racism online and also promised to harm people with assault rifles. 2000

Forget about drones and armies of people driving Amazon trucks. One big Wall Street firm thinks Amazon's plan to build up its air freight delivery service may be what really winds up hurting UPS and FedEx.Morgan Stanley analyst Ravi Shanker said in a report Tuesday that both delivery giants could lose 10% of their revenue to Amazon Air by 2025. Shanker cut his price targets on UPS (UPS) and FedEx (FDX) and both stocks plunged more than 6% as a result.It was a particularly gruesome day for transportation stocks due to worries about the broader economy and confusion about the status of US-China trade talks.The Dow Jones Transportation Average, which includes FedEx and UPS as well as leading airlines, truckers and railroads, fell 4.4% -- its worst drop since June 2016.But Shanker paints a picture that should be extremely worrisome to UPS and FedEx.He notes that Amazon (AMZN), which currently is leasing 40 cargo jets, could eventually have 100 planes running and estimates that the planned Amazon Air routes could overlap with more than two-thirds of the volume flown by UPS and FedEx.That's bad news for both companies since Shanker said that UPS and FedEx each generate nearly 20% of their overall revenue from US air deliveries.Amazon has made big investments to bulk up Amazon Air. In the past few years, it has bought stakes in two freight delivery airlines -- Air Transport Services Group (ATSG) and Atlas Air Worldwide Holdings (AAWW).It also announced plans to invest .5 billion in order to build an Amazon Air hub on more than 900 acres of land that it is leasing near the Cincinnati/Northern Kentucky International Airport. Amazon bought an additional 210 acres earlier this year.There's a simple reason why Amazon will want to handle more of its own air deliveries. According to Shanker, Amazon could save between billion and billion next year. That works out to about 3% to 6% of its global shipping costs.But on a day when the broader market was tanking, investors didn't seem too enthusiastic about Shanker's thoughts on Amazon either. Shares of Amazon fell nearly 6%. 2113

Former Vice President Joe Biden paid tribute to the late Sen. John McCain in Phoenix in a speech at his memorial service on Thursday, sharing personal stories about their time together in the Senate and lamenting disorder and division in the chamber that McCain fought to repair."We both loved the Senate," said Biden, who mourned the fading of bipartisanship in the chamber over the years. "We both lamented, watching it change."Biden and McCain used to sit next to each other during long debates in the 1980s and '90s. In 1996, they were each told independently by members of their own parties that their visible friendship didn't look good. 651

Florida Republican Governor Rick Scott, who is involved in a tight contest with incumbent Democratic US Senator Bill Nelson for one of the state's US Senate seat, made claims on Thursday that officials in two Florida counties are tampering with election results. Scott, using his authority as governor, got involved in his own race by ordering law enforcement officials to investigate board of election actions in Broward and Palm Beach Counties. Scott's US Senate campaign, along with the Republican Senate campaign arm, filed a lawsuit claiming that election officials in Broward County are refusing to release public records. “Every Floridian should be concerned there may be rampant fraud happening in both Broward and Palm Beach counties,” the governor said.Officials in the two Florida counties, which are Democratic-leaning, are continuing to count ballots two days after the polls closed. As of Thursday evening, Scott leads Nelson by .2 percent. That margin is a bit smaller than from Election Night when Scott led by more than a half percent. Any result within .25 percent triggers an automatic hand recount. Nelson released the following statement following Scott's announcement: “The goal here is to see that all the votes in Florida are counted and counted accurately. Rick Scott’s action appears to be politically motivated and borne out of desperation.”Meanwhile in the gubernatorial race in Florida, Republican Ron DeSantis has seen his lead evaporate from over 1 percent on Election Night to under .5 percent on Thursday. His challenger, Democrat Andrew Gillum, had previously conceded the election, but on Thursday, told supporters that he was hiring lawyers to make sure every vote is counted. Gillum tweeted the following Thursday evening: "Mr. @FLGovScott — counting votes isn't partisan — it's democracy. Count every vote."President Donald Trump weighed in on Thursday on Scott's announcement. 1973