Bend it like the Bay Area: Doctors see flatter curve after 2 weeks of social isolation
State leaders and doctors are cautiously optimistic that the Bay Area’s early moves to lock down residents two weeks ago have prevented surges of coronavirus patients from overwhelming the region’s health care capacity thus far.
Larry Fink says economy will recover from coronavirus, ‘tremendous opportunities’ in markets
Larry Fink, CEO of the world’s biggest asset manager BlackRock, told shareholders that the economy will recover from the coronavirus pandemic, and when it does, there will be “tremendous opportunities” to be had. “In my 44 years in finance, I have never experienced anything like this,” Fink said in an annual letter to shareholders, citing […]
JPMorgan Says the Market Rout Is Probably Past Its Worst Now
Strategists at JPMorgan Chase & Co. have concluded that most risk assets — a universe that typically includes stocks and credit — have seen their low points for the recession that’s gripped economies around the world. Conditions that JPMorgan had set for market stabilization and revival have largely been met, with recession-like pricing, a reversal […]
Coronavirus Deaths in California Likely to Spike in Late April, Fade Away by Mid-July
Newly released projections reveal the worst impacts of the coronavirus in California may still be nearly a month away. The rate of COVID-19 deaths is expected to peak on April 25 with 148 deaths per day, according to data released Thursday by the Institute for Health Metrics and Evaluation, a research center at the University of […]
A Plan to Get America Back to Work
These are days that test every leader — local, state and national. They are each being asked to make huge life and death decisions, while driving through a fog, with imperfect information, and everyone in the back seat shouting at them. My heart goes out to them all. I know they mean well. But as […]
Tim Cook Says Apple Has Sourced 10 Million Masks
Apple has sourced and procured 10 million masks and will donate them to the medical community in the U.S., Tim Cook said Wednesday in a video he posted on Twitter while working from home. “These people deserve our debt of gratitude for all of the work that they’re doing on the front lines,” the CEO said, […]
Former Fed Chairman Ben Bernanke sees ‘very sharp’ recession, followed by ‘fairly quick’ rebound
Former Federal Reserve Chairman Ben Bernanke sounded an optimistic tone on the longer-term state of the economy, predicting in a CNBC interview Wednesday that while the U.S. is facing an acute recession, it shouldn’t last.
Why this Nobel laureate predicts a quicker coronavirus recovery: ‘We’re going to be fine’
Michael Levitt, a Nobel laureate and Stanford biophysicist, began analyzing the number of COVID-19 cases worldwide in January and correctly calculated that China would get through the worst of its coronavirus outbreak long before many health experts had predicted.
WHO considers ‘airborne precautions’ for medical staff after study shows coronavirus can survive in air
The World Health Organization is considering “airborne precautions” for medical staff after a new study showed the coronavirus can survive in the air in some settings. The virus is transmitted through droplets, or little bits of liquid, mostly through sneezing or coughing, Dr. Maria Van Kerkhove, head of WHO’s emerging diseases and zoonosis unit, told reporters during […]
Bill Gates: Countries that shut down for coronavirus could bounce back in weeks
Microsoft co-founder Bill Gates on Wednesday urged people to remain calm in the face of the coronavirus pandemic. In an Ask Me Anything session on the discussion forum Reddit, Gates was asked about how long “this” will last. “If a country does a good job with testing and ‘shut down’ then within 6-10 weeks they […]