🌳 Pollution levels have plummeted in many areas of the world, but the Covid-19 outbreak has not been universally positive for the environment: https://bloom.bg/2JolMui
🦠 Inside the race to identify a coronavirus vaccine in the midst of the outbreak:
https://bloom.bg/2wFPLeO
🧘♀ Furloughed staff. Forgone paychecks. Shuttered studios. This is what the coronavirus outbreak looks like to the boutique gym industry: https://bloom.bg/2wN6Ovm
🦠 Inside the race to identify a coronavirus vaccine in the midst of the outbreak:
https://bloom.bg/2wFPLeO
🧘♀ Furloughed staff. Forgone paychecks. Shuttered studios. This is what the coronavirus outbreak looks like to the boutique gym industry: https://bloom.bg/2wN6Ovm
Bloomberg.com
The Unexpected Environmental Consequences of Covid-19
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Hello 👋 Here’s what we’re reading right now:
🚢 A billionaire’s picture-perfect isolation on a luxury superyacht triggered immediate outrage on social media. https://bloom.bg/3dD2S0O
🇨🇳 China indicated it will reveal a key data point for the first time: how many people are infected with coronavirus but don’t have symptoms. Authorities are still finding such cases, even as the growth in confirmed new cases in China has slowed. https://bloom.bg/3dEO5CN
🏡 And we’ll end on a brighter note: Here are some ideas for little luxuries to stay sane at home while you’re social distancing. https://bloom.bg/2w0JH01
🚢 A billionaire’s picture-perfect isolation on a luxury superyacht triggered immediate outrage on social media. https://bloom.bg/3dD2S0O
🇨🇳 China indicated it will reveal a key data point for the first time: how many people are infected with coronavirus but don’t have symptoms. Authorities are still finding such cases, even as the growth in confirmed new cases in China has slowed. https://bloom.bg/3dEO5CN
🏡 And we’ll end on a brighter note: Here are some ideas for little luxuries to stay sane at home while you’re social distancing. https://bloom.bg/2w0JH01
🇪🇸 Spain reported its deadliest day since the coronavirus outbreak began, while Italy is discussing an extension of lockdown measures into May. https://bloom.bg/2WYwHmO
😷 Dutch scientists were able to find the coronavirus in a city's wastewater before Covid-19 cases were reported. https://bloom.bg/39rvZ3L
💶 The nightmare haunting the euro's founders may now be a reality with Italy. https://bloom.bg/3aw7unD
😷 Dutch scientists were able to find the coronavirus in a city's wastewater before Covid-19 cases were reported. https://bloom.bg/39rvZ3L
💶 The nightmare haunting the euro's founders may now be a reality with Italy. https://bloom.bg/3aw7unD
Bloomberg.com
N.Y. Braces for Hospital Surge; Italy Levels Off: Virus Update
New York Governor Andrew Cuomo called for a statewide sharing of health-care workers as cases surged by more than 9,000, with more than 300 new deaths. The state now has more infections than China’s Hubei province had.
Hospitals in the U.S. are threatening to fire health-care workers who publicize their working conditions during the coronavirus pandemic -- and have in some cases followed through.
Ming Lin, an emergency room physician in Washington state, said he was told Friday he was out of a job because he’d given an interview to a newspaper about a Facebook post detailing what he believed to be inadequate protective equipment and testing.
In New York, the NYU Langone Health system has warned employees they could be terminated if they talk to the media without authorization.
Privacy laws prohibit disclosing specific patient information, but they don’t bar discussing general working conditions: https://bloom.bg/2WZoONM
Ming Lin, an emergency room physician in Washington state, said he was told Friday he was out of a job because he’d given an interview to a newspaper about a Facebook post detailing what he believed to be inadequate protective equipment and testing.
In New York, the NYU Langone Health system has warned employees they could be terminated if they talk to the media without authorization.
Privacy laws prohibit disclosing specific patient information, but they don’t bar discussing general working conditions: https://bloom.bg/2WZoONM
China is seeing a spike in divorces as it emerges from coronavirus lockdown — a trend that may be an ominous warning for couples around the world who are isolating at home.
The country only publishes nationwide stats on divorce annually, but media reports show a surge in March. In one government office in Hunan province, staff members reportedly didn’t even have time to drink water because so many couples lined up to file for divorce.
Chinese officials had hoped the lockdown would actually lead to a baby boom and offset record-low birthrates. More than one municipality even put up posters urging couples to, er, get busy to support the nation.
Keep reading: https://bloom.bg/2JuJ4Pj
The country only publishes nationwide stats on divorce annually, but media reports show a surge in March. In one government office in Hunan province, staff members reportedly didn’t even have time to drink water because so many couples lined up to file for divorce.
Chinese officials had hoped the lockdown would actually lead to a baby boom and offset record-low birthrates. More than one municipality even put up posters urging couples to, er, get busy to support the nation.
Keep reading: https://bloom.bg/2JuJ4Pj
🇮🇹 Italy's mild flu season may help explain why it's racked up more coronavirus deaths than any other nation in the world. https://bloom.bg/39stqyA
📉 Oil's apocalyptic April could reverberate through the industry for years to come. https://bloom.bg/33ZIEd6
🚨 As global stocks attempt to recover from their biggest quarterly loss since the global financial crisis, veteran investor Jim Rogers says there's worse to come. https://bloom.bg/3dNGtOg
📉 Oil's apocalyptic April could reverberate through the industry for years to come. https://bloom.bg/33ZIEd6
🚨 As global stocks attempt to recover from their biggest quarterly loss since the global financial crisis, veteran investor Jim Rogers says there's worse to come. https://bloom.bg/3dNGtOg
Bloomberg
Italy’s Mild Flu Season May Give Clues to Virus Death Rate
Italy has posed a conundrum in the coronavirus pandemic: How could a country with just 60 million inhabitants rack up more deaths than any other nation in the world?
💊 Drugs touted by Donald Trump as possible treatments for coronavirus are now on the FDA’s shortage list: https://bloom.bg/2Jx3cAs
🛒 Millions of Americans are out-of-work because of the coronavirus. The catch with current openings: many are temporary roles, for low wages and in the kind of work that isn’t good for social distancing: https://bloom.bg/2X03DuR
📦 In the new coronavirus economy that divides labor into essential and nonessential, truckers and parcel delivery drivers have become some of the most indispensable — and most exposed — workers: https://bloom.bg/2JxOs49
🛒 Millions of Americans are out-of-work because of the coronavirus. The catch with current openings: many are temporary roles, for low wages and in the kind of work that isn’t good for social distancing: https://bloom.bg/2X03DuR
📦 In the new coronavirus economy that divides labor into essential and nonessential, truckers and parcel delivery drivers have become some of the most indispensable — and most exposed — workers: https://bloom.bg/2JxOs49
Hello 👋 Here's what's making news today:
🌎 Is the world economy’s recovery V-shaped? L-shaped? The shape of a Nike swoosh? Here’s what each scenario looks like, according to economists. https://bloom.bg/2R5APgP
💵 SoftBank is abandoning an agreement to buy $3 billion in WeWork stock from its former CEO and other shareholders as part of a bailout package. Some members of the company’s board have threatened legal action. https://bloom.bg/2UVdyPW
🇨🇿 And one European mayor doesn’t want China’s help fighting the coronavirus: https://bloom.bg/2ysgeNo
🌎 Is the world economy’s recovery V-shaped? L-shaped? The shape of a Nike swoosh? Here’s what each scenario looks like, according to economists. https://bloom.bg/2R5APgP
💵 SoftBank is abandoning an agreement to buy $3 billion in WeWork stock from its former CEO and other shareholders as part of a bailout package. Some members of the company’s board have threatened legal action. https://bloom.bg/2UVdyPW
🇨🇿 And one European mayor doesn’t want China’s help fighting the coronavirus: https://bloom.bg/2ysgeNo
🇨🇳 China rejected the American intelligence community's conclusion that Beijing concealed the extent of the coronavirus epidemic. https://bloom.bg/2wVnHUJ
🇺🇸 According to a classified report to the White House, China under-reported both total cases and deaths it's suffered from the disease. https://bloom.bg/2Uyxt8i
🇪🇸 Meanwhile, Spain reported 950 more deaths from the coronavirus, the most in a single day, taking total fatalities in the country to more than 10,000. https://bloom.bg/2X97Soh
🇺🇸 According to a classified report to the White House, China under-reported both total cases and deaths it's suffered from the disease. https://bloom.bg/2Uyxt8i
🇪🇸 Meanwhile, Spain reported 950 more deaths from the coronavirus, the most in a single day, taking total fatalities in the country to more than 10,000. https://bloom.bg/2X97Soh
Bloomberg.com
China Rejects U.S. Intelligence Claim It Hid Virus Numbers
China rejected the American intelligence community’s conclusion that Beijing concealed the extent of the coronavirus epidemic, and accused the U.S. of seeking to shift the blame for its own handling of the outbreak.
The number of Americans applying for unemployment benefits surged for a second week and reached about 10 million over the last two weeks.
A record 6.65 million people filed jobless claims in the week ended March 28 as stores and restaurants were forced to close across the nation to mitigate the coronavirus outbreak. The prior week’s level was also revised up slightly from 3.28 to 3.31 million: https://bloom.bg/2UBD1yV
A record 6.65 million people filed jobless claims in the week ended March 28 as stores and restaurants were forced to close across the nation to mitigate the coronavirus outbreak. The prior week’s level was also revised up slightly from 3.28 to 3.31 million: https://bloom.bg/2UBD1yV
Breaking: Cases of the coronavirus crossed 1 million worldwide, four months after it was first detected in Wuhan. More than 51,000 people have died and 208,000 have recovered in what has become the biggest global public health crisis of the 21st century.
The U.S. now has the most cases globally, while Italy has suffered the highest death toll. Here’s how the disease has spread: https://trib.al/Nd33Vjc
The U.S. now has the most cases globally, while Italy has suffered the highest death toll. Here’s how the disease has spread: https://trib.al/Nd33Vjc
As the coronavirus pandemic wrecks economies, markets and fortunes, Singapore’s richest man added $3.5 billion to his net worth. 💰
He’s one of the founders of a company that makes ventilators, Shenzhen Mindray Bio-Medical Electronics. Shares have climbed 40%, fueled by a surge in demand for the devices. 📈
The global health crisis has exposed a shortage of ventilators, which health-care providers rely on to keep critically sick patients alive. Keep reading: https://bloom.bg/3dS6g8j
He’s one of the founders of a company that makes ventilators, Shenzhen Mindray Bio-Medical Electronics. Shares have climbed 40%, fueled by a surge in demand for the devices. 📈
The global health crisis has exposed a shortage of ventilators, which health-care providers rely on to keep critically sick patients alive. Keep reading: https://bloom.bg/3dS6g8j
🇮🇹 The coronavirus will force Europe to make a decision about Italy. https://bloom.bg/3bJ4VOY
⛔ Singapore will shutter schools and most workplaces as the city-state unveiled a raft of stricter measures to slow the spread of coronavirus. https://bloom.bg/3bMIbh7
🏥 In this country, hospitals are as scary as the coronavirus. https://bloom.bg/2UVRGnz
⛔ Singapore will shutter schools and most workplaces as the city-state unveiled a raft of stricter measures to slow the spread of coronavirus. https://bloom.bg/3bMIbh7
🏥 In this country, hospitals are as scary as the coronavirus. https://bloom.bg/2UVRGnz
Bloomberg.com
The Virus Will Force Europe to Make a Decision About Italy
As the coronavirus rages across the continent, European Union officials are starting to draw up plans for the day after.
❌ U.S. payrolls plummeted 701,000 in March, offering an initial look at the economic devastation of the coronavirus pandemic: https://bloom.bg/2Jz4xXh
💰 From Jamie Dimon to Larry Fink, the financial players of the 2008 crisis are back in the spotlight for the coronavirus fallout: https://bloom.bg/2yxHWIz
📱 Trump’s top coronavirus health advisers are going where the young people are: social media: https://bloom.bg/2UFYRBq
💰 From Jamie Dimon to Larry Fink, the financial players of the 2008 crisis are back in the spotlight for the coronavirus fallout: https://bloom.bg/2yxHWIz
📱 Trump’s top coronavirus health advisers are going where the young people are: social media: https://bloom.bg/2UFYRBq
Wuhan is emerging from coronavirus lockdown with just one mission: to survive.
After more than two months of lockdown, the city is learning that it’s not so easy to return to “normal.” Life has been altered in all sorts of ways.
Residents’ movements are still highly controlled, workers are slow to return to factories, and supply chains are in disarray. Shopping malls have re-opened, but they’re largely empty — most people are still too scared to go out for anything but essentials.
The pandemic’s first epicenter offers a window into a post-virus future for the rest of the world: https://bloom.bg/2RdwhVS
After more than two months of lockdown, the city is learning that it’s not so easy to return to “normal.” Life has been altered in all sorts of ways.
Residents’ movements are still highly controlled, workers are slow to return to factories, and supply chains are in disarray. Shopping malls have re-opened, but they’re largely empty — most people are still too scared to go out for anything but essentials.
The pandemic’s first epicenter offers a window into a post-virus future for the rest of the world: https://bloom.bg/2RdwhVS
🇬🇧 Boris Johnson was taken to the hospital for tests as he struggles to recover from coronavirus, dealing a serious blow to the U.K. as the country prepares for the worst of the crisis. https://bloom.bg/2Rgff9p
🇪🇸 Spain reported the lowest number of new coronavirus cases in more than two weeks, a sign that Europe’s biggest outbreak is slowing. https://bloom.bg/2wiEMaX
💶 Meanwhile, the Spanish government is working to roll out a universal basic income as soon as possible. https://bloom.bg/34cTe0s
🇪🇸 Spain reported the lowest number of new coronavirus cases in more than two weeks, a sign that Europe’s biggest outbreak is slowing. https://bloom.bg/2wiEMaX
💶 Meanwhile, the Spanish government is working to roll out a universal basic income as soon as possible. https://bloom.bg/34cTe0s
Bloomberg.com
U.K.’s Boris Johnson Staying in Hospital for ‘Observation’
Prime Minister Boris Johnson is remaining in hospital for “observation” after struggling to recover from coronavirus, his spokesman said on Monday, as the country braces for the outbreak to peak.
💰 Banks on Friday began accepting applications for the $350 billion available for small and medium companies under the Small Business Administration’s Paycheck Protection Program, established as part of the U.s. government's $2.2 trillion economic rescue package. There are different pots of money for different kinds of companies.
So how do you access the cash? Here’s a guide for some of the benefits that are available and how to qualify: https://bloom.bg/3e3jajY
So how do you access the cash? Here’s a guide for some of the benefits that are available and how to qualify: https://bloom.bg/3e3jajY
Hello, here’s what you need to know:
💵 Bill Ackman considered liquidating his hedge fund’s entire portfolio for the first time because he was so concerned about the potential impact of the coronavirus. Instead, he made a bet that earned his firm about $2.6 billion in profits when the market tanked. https://bloom.bg/2xaTh0J
🇳🇿 New Zealand’s health minister was demoted after driving his family to a beach during the lockdown. Prime Minister Jacinda Ardern said she normally would have fired him, but needed him during the fight against Covid-19. https://bloom.bg/2JJEnBh
⛔ And Google has a plan to wipe out disease-causing mosquitoes. It appears to be working. https://bloom.bg/3aS6iuI
💵 Bill Ackman considered liquidating his hedge fund’s entire portfolio for the first time because he was so concerned about the potential impact of the coronavirus. Instead, he made a bet that earned his firm about $2.6 billion in profits when the market tanked. https://bloom.bg/2xaTh0J
🇳🇿 New Zealand’s health minister was demoted after driving his family to a beach during the lockdown. Prime Minister Jacinda Ardern said she normally would have fired him, but needed him during the fight against Covid-19. https://bloom.bg/2JJEnBh
⛔ And Google has a plan to wipe out disease-causing mosquitoes. It appears to be working. https://bloom.bg/3aS6iuI
😷 Spain reported an increase in Covid-19 cases, while China said it didn't have any new deaths for the first time since the pandemic emerged. https://bloom.bg/34jUgaZ
🏥 Boris Johnson's move to a London intensive-care unit is aimed at avoiding the most severe consequences of the coronavirus at a point when the illness sometimes takes a turn for the worse. https://bloom.bg/2JN6rnu
⛽ The world's largest oil producers are pressing ahead with talks for an unprecedented deal to mitigate the devastating impact of the coronavirus crisis on their industry. https://bloom.bg/3e3HfqM
🏥 Boris Johnson's move to a London intensive-care unit is aimed at avoiding the most severe consequences of the coronavirus at a point when the illness sometimes takes a turn for the worse. https://bloom.bg/2JN6rnu
⛽ The world's largest oil producers are pressing ahead with talks for an unprecedented deal to mitigate the devastating impact of the coronavirus crisis on their industry. https://bloom.bg/3e3HfqM
Bloomberg
U.K., New York Have Deadliest Day; Trump Rips WHO: Virus Update
The U.K. and New York state reported their worst daily death tolls since the pandemic began even as several European nations said they planned to ease lockdowns.
💵 Want a virus disaster loan fast? Businesses in all parts of America were eligible for so-called economic injury disaster loans, but the data show most of the money went to just one state: California https://bloom.bg/2yIYbTd
😷 Trump said the World Health Organization “blew it” on the coronavirus outbreak and was wrong to advise against travel restrictions he imposed on China: https://bloom.bg/3c0UmqR
⛽ The U.S. cut its 2020 oil production forecast by more than 1 million barrels a day: https://bloom.bg/2Xhm7qZ
😷 Trump said the World Health Organization “blew it” on the coronavirus outbreak and was wrong to advise against travel restrictions he imposed on China: https://bloom.bg/3c0UmqR
⛽ The U.S. cut its 2020 oil production forecast by more than 1 million barrels a day: https://bloom.bg/2Xhm7qZ
Facebook buys Instagram. Facebook CEO promises independence to Instagram CEOs. Things ultimately deteriorate.
That’s the short version.
Bloomberg reporter Sarah Frier’s new book examines how Mark Zuckerberg’s jealousy held back Instagram and drove off its founders. As one former Instagram executive put it, “Facebook was like the big sister that wants to dress you up for the party but does not want you to be prettier than she is.”
Keep reading about the inside story in this book excerpt: https://bloom.bg/2RiMh8W
That’s the short version.
Bloomberg reporter Sarah Frier’s new book examines how Mark Zuckerberg’s jealousy held back Instagram and drove off its founders. As one former Instagram executive put it, “Facebook was like the big sister that wants to dress you up for the party but does not want you to be prettier than she is.”
Keep reading about the inside story in this book excerpt: https://bloom.bg/2RiMh8W