John McCain funeral events, Paul Manafort, Northeast heatwave: 5 things you need to know Wednesday


Funeral events for John McCain get underway in Arizona 

The body of Sen. John McCain will lie in state at the Arizona State Capitol in Phoenix on Wednesday. It’s the first of four days of funeral services for McCain, who died Saturday at age 81. A memorial service will be held in Phoenix on Thursday, after which McCain’s body will be flown to Washington, D.C. He will lie in state at the U.S. Capitol on Friday. On Saturday, there will be a procession past the Vietnam Veterans Memorial, followed by a funeral service at Washington National Cathedral. He will be buried at the U.S. Naval Academy in Annapolis, Maryland on Sunday.

Will Paul Manafort face a retrial on the other 10 charges? 

Special counsel Robert Mueller faces a deadline Wednesday on whether to retry Paul Manafort on the 10 charges that ended in a mistrial last week after the federal jury was unable to reach a unanimous decision on them. The jury found the former Trump campaign chairman guilty on eight of the 18 counts in the financial fraud trial: five counts of submitting false tax returns, one count of failing to report foreign bank and financial accounts, and two counts of bank fraud. He faces a maximum of 80 years in prison. In addition, Manafort faces a second financial fraud trial that is set to begin in September.

CEO vs. worker pay: Taxpayers subsidize gaps 

Are taxpayers subsidizing wide gaps between what some companies receiving lucrative federal government contracts and subsidies pay their CEOs in comparison to their workers? A new study released Wednesday suggests that is the case. More than two-thirds of the top 50 publicly-held federal contractors and federal corporate subsidy recipients paid their CEOs more than 100 times the median pay of their workers in 2017, according to the Institute for Policy Studies. High-earning CEOs at these companies in part “owe their personal good fortune to America’s taxpayers,” the report concludes. The company among the top 50 federal contractors with the largest pay gap is DXC Technology, a Virginia-based internet technology services company. The CEO receives 806 times as much pay as the median employee.

Democrats debate: NY gubernatorial hopefuls Cuomo, Nixon face off

New York Gov. Andrew Cuomo and primary challenger Cynthia Nixon will square off Wednesday in their only debate ahead of the Sept. 13 Democratic primary. For Cuomo, it’s a chance to tout his record during his eight years as governor and flaunt his progressive accomplishments. (He may also try to defuse the controversy over his recent remark that America “was never that great.”) For Nixon, the former Sex and the City star, it’s a chance to make the case that Cuomo isn’t progressive enough and gain ground in public-opinion polls that show her trailing. The debate will air on CBS stations and on cbsnews.com/live at 7 p.m. ET. 

Heat wave hangs on for one more day in Northeast

Although the worst of the Midwest heat wave will be over Wednesday, scorching, near-record temperatures will again bake the Northeast and mid-Atlantic. Heat indices will approach or surpass 100 degrees from the Deep South to New England. In Boston, the National Weather Service warned that “the combination of hot temperatures and high humidity will combine to create a dangerous situation in which heat illnesses are likely.” While the intense heat will ease a bit later this week in the Northeast, steamy weather may fight back in the mid-Atlantic and Ohio Valley early next week, AccuWeather warned.

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