*By Carlo Versano*
Texas Democrats find themselves in an odd position two months before a major election: running a competitive statewide race.
Optimism that Rep. Beto O'Rourke could unseat Republican incumbent Ted Cruz in the Senate is palpable in Democratic circles, said Texas Monthly's politics editor Carlos Sanchez. The race is now a "toss up," according to [Real Clear Politics] (https://www.realclearpolitics.com/epolls/2018/senate/tx/texas_senate_cruz_vs_orourke-6310.html).
O'Rourke, who was elected to the U.S. House in 2013, has been surfing a wave of positive national press and an unorthodox, social-media-savvy campaign that found him traveling to all 254 counties of the deep red state and streaming his journey online.
All summer he's been gaining on Cruz who, compared to the charismatic O'Rourke, suffers from a "likability issue," Sanchez said. After all, Cruz's Republican colleague Lindsey Graham once famously [said](http://thehill.com/blogs/blog-briefing-room/news/313969-graham-to-cruz-i-want-to-apologize-to-ted-for-saying-he-should): "If you killed Ted Cruz on the floor of the Senate, and the trial was in the Senate, nobody would convict you."
Sanchez said that kind of sentiment may work in O'Rourke's favor: "The base for Cruz seems to be crumbling a bit."
But there are still challenges. While O'Rourke has out-raised Cruz by a wide margin, mostly from small-dollar donors, Cruz is better organized and allied with the powerful Koch network of donors. Sanchez said that "formidable" campaign infrastructure could pose a threat to the Democrat.
And the issue of Donald Trump looms large.
The president accepted an invitation to campaign for Cruz after Texas Lt. Gov. Dan Patrick [reportedly](https://www.politico.com/story/2018/09/09/ted-cruz-reelection-trump-813354) pleaded with him to throw his support behind Cruz, a man he incidentally referred to as "Lyin' Ted" on the campaign trail.
Though that may end up working against the incumbent, Sanchez said. O'Rourke, who is popular with young and minority Democrat voters, needs those blocs to turn out on Election Day. A fiery Donald Trump rally weeks before may compel them to do just that.
O'Rourke "is the national Democrat of Texas right now," Sanchez said.
For full interview [click here](https://cheddar.com/videos/republicans-go-into-crisis-mode-as-democrat-beto-orourke-closes-in-on-ted-cruz-in-texas-senate-race).
The inventor of the nasal spray that can reverse an opioid overdose believes the $570 million judgment against Johnson & Johnson shows that states are taking the crisis "seriously."
On the back of a groundbreaking partnership with data heavyweights Deloitte and Nielsen, cannabis industry intelligence company Headset on Monday announced the launch of its real time analytics tool in the province of Alberta, marking its official debut in the Canadian market. Stakeholders anticipate the data Headset Insights generates ー first in Alberta, and eventually across all of Canada ー will serve as a road map for companies outside of cannabis looking to penetrate the industry, and for Canadian cannabis companies as the market grows more diverse and competitive.
An Oklahoma judge ruled that Johnson & Johnson pay over $570 million in damages — a far cry from the $17 billion requested — for causing the opioid crisis in the Sooner state.
The U.S. president reiterated his position that Russia should be invited back into the coalition of the world's largest economies despite the lingering issue of Russia's occupation of Ukrainian territory.
Speaking from the G7 summit in Biarritz, France, Trump said that Chinese negotiators had called U.S. officials and requested a new round of talks.
Gravy Analytics, a location-based marketing technology company, analyzed the smartphone data of people who attended the 111 solo Democratic presidential candidate events held in June and July.
The trade war between the U.S. and China escalated throughout the day Friday, culminating with President Trump announcing that the U.S. will significantly hike tariffs on nearly all Chinese imports. The decision came in response to China proclaiming earlier in the day that it would hit $75 billion worth of U.S. goods with new retaliatory tariffs.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Federal Reserve chairman Jerome Powell on Friday said the U.S. central bank was prepared to take action in the event of a global economic downturn. Powell, however, was tightlipped on whether the Fed would initiate another quarter-point interest rate cut as many investors had hoped.
Read Federal Reserve Chair Jerome Powell's prepared remarks from his speech Friday at the Economic Symposium held in Jackson Hole, Wyo.
