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WASHINGTON (AP) — President Donald Trump went from the Daytona 500 on Sunday to attending the wedding of two top members of his administration, senior adviser Stephen Miller and Katie Waldman, press secretary for Vice President Mike Pence.Shortly after landing at Andrews Air Force Base after a busy day in Florida, the president made a quick stop at the White House. The presidential motorcade then made a five-block jaunt to the Trump International Hotel where the White House announced after press queries that the president was attending “the wedding of Mr. and Mrs. Stephen Miller”
DAYTONA BEACH, Fla. (AP) — President Donald Trump is giving an election-year embrace to NASCAR and its fans. He's the second president ever to attend the Daytona 500 and as grand marshal, he had the honor of commanding drivers to start their engines. The presidential motorcade took to the track to join in a warm-up lap after he had told the crowd that the racers and their teams were competing “for pure American glory.” Trump made a grand entrance before the start of the race. He gave thousands of fans a flyover of Air Force One and then rode onto the track in the presidential motorcade as the audience roared with delight.
DETROIT (AP) — General Motors says it's pulling out of Australia, New Zealand and Thailand as part of a strategy to exit markets that don't produce adequate returns on investments. The company says in a statement Sunday that it will wind down sales, engineering and design operations for its historic Holden brand in Australia and New Zealand in 2021. It also plans to sell its Rayong factory in Thailand to China's Great Wall Motors and withdraw the Chevrolet brand from Thailand by the end of this year. CEO Mary Barra says the company wants to focus on markets where it can drive strong returns. She says GM will support its employees and customers in the transition.
BANGKOK (AP) — Markets are mixed in Asia, with Japan's benchmark slipping 0.8% after the government reported the economy contracted in the last quarter. China's shares got a boost after the central bank stepped in to help the economy with a rate cut, extra buying of securities and tax cuts. Markets will be closed in the U.S. for President's Day. Wall Street closed out last week with major indexes notching a second straight weekly gain. But trading was mostly subdued and cautious following China's report Thursday of a surge in cases of a new virus that raised fresh concerns about global economic growth.
BEIJING (AP) — Mainland China has reported a slight upturn in new virus cases and an increase by 105 in deaths caused by the illness for a total of 1,770 since the outbreak began. The new number of 2,048 cases came after three days of declines but was up by just 39 cases from the previous day's figure. Another 10,844 have recovered from COVID-19, a disease caused by the new coronavirus, and have been discharged from hospitals.
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