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News Slideshows (09/17/2020 - #vlrPhone #iphone)


  • 1/27   News Photos Slideshows
    PEOPLE TOPIC NEWS

    News Photos Slideshows - Hot Trends - Click on the image to view in augmented reality or in stereo 3D

    News Photos Slideshows - Hot Trends - Click on the image to view in augmented reality or in stereo 3D


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  • 2/27   Press Review #quantifiedself #wearabletech
    TECHNOLOGY TOPIC NEWS

    

 - Quantified Self - hackaday.com   More Information - Your quantified self on steroids: Amazon's Halo and Halo Band are creepy and kinda cool - ZDNet   More Information - Mette Lykke on food waste and building a big startup on a big idea - TechCrunch   More Information - From Fighting Fit to Fighting Waste: Building Big Startups on Big Ideas with Mette Lykke (Too Good To Go) - Yahoo Philippines News   More Information - 2020 Research Report: Detecting and Monitoring COVID-19 Through Point-of-care Devices, Rapid PCR, Wearables, Drones, IR Thermal Sensors, Optical Sensors, Paper-based Sensors, and Skin-based Sensors - ResearchAndMarkets.com - The Baytown Sun   More Information - Health matters: Telehealth, the future of medicine, now. Or is it? - The State Journal-Register   More Information - The World's First Digital Wellness Certificate Program for Leaders and Practitioners Addressing the Social Media Dilemma - Benzinga   More Information - What killed the quantified self movement? | by Kai Wong | The Startup - Medium   More Information - Life in a time of the quantified self: How apps both empower and suppress us - Phys.Org   More Information - New Quantified Self App syncs up Daily Motivation, Goal Setting and Time Management - PRNewswire   More Information - The psychology of self-tracking - Quartz   More Information - 'The Index Of Self-Destructive Acts' Is BuzzFeed Book Club's October Pick. Here's An Excerpt. - BuzzFeed News   More Information - Personalizing human body temperature with wearable sensors - BSI bureau   More Information - Radical! Ask Spinal Deformity Patients HOW They Want to Improve - OrthoSpineNews   More Information - For some, self-tracking means more than self-help - The Conversation US   More Information - What is the Quantified Self? - LiveScience.com   More Information - The Quantified Self: Data Gone Wild? - PBS NewsHour   More Information - How Renormalization Saved Particle Physics - Quanta Magazine   More Information - Endocrine-Disrupting Chemicals Linked to ADHD-Related Behaviors - MD Magazine   More Information - The Quantified Self: How Data-Obsessed Trackers Push Toward Healthier Lives - LiveScience.com   More Information


Did you see the #crowdfunding campaign that @whmsoft will start? #tailored #3d #vr #audio.
Please share and comment. Campaign link:



vlrFilter Project #health

    - Quantified Self - hackaday.com
       More Information

    - Your quantified self on steroids: Amazon's Halo and Halo Band are creepy and kinda cool - ZDNet
       More Information

    - Mette Lykke on food waste and building a big startup on a big idea - TechCrunch
       More Information

    - From Fighting Fit to Fighting Waste: Building Big Startups on Big Ideas with Mette Lykke (Too Good To Go) - Yahoo Philippines News
       More Information

    - 2020 Research Report: Detecting and Monitoring COVID-19 Through Point-of-care Devices, Rapid PCR, Wearables, Drones, IR Thermal Sensors, Optical Sensors, Paper-based Sensors, and Skin-based Sensors - ResearchAndMarkets.com - The Baytown Sun
       More Information

    - Health matters: Telehealth, the future of medicine, now. Or is it? - The State Journal-Register
       More Information

    - The World's First Digital Wellness Certificate Program for Leaders and Practitioners Addressing the Social Media Dilemma - Benzinga
       More Information

    - What killed the quantified self movement? | by Kai Wong | The Startup - Medium
       More Information

    - Life in a time of the quantified self: How apps both empower and suppress us - Phys.Org
       More Information

    - New Quantified Self App syncs up Daily Motivation, Goal Setting and Time Management - PRNewswire
       More Information

    - The psychology of self-tracking - Quartz
       More Information

    - 'The Index Of Self-Destructive Acts' Is BuzzFeed Book Club's October Pick. Here's An Excerpt. - BuzzFeed News
       More Information

    - Personalizing human body temperature with wearable sensors - BSI bureau
       More Information

    - Radical! Ask Spinal Deformity Patients HOW They Want to Improve - OrthoSpineNews
       More Information

    - For some, self-tracking means more than self-help - The Conversation US
       More Information

    - What is the Quantified Self? - LiveScience.com
       More Information

    - The Quantified Self: Data Gone Wild? - PBS NewsHour
       More Information

    - How Renormalization Saved Particle Physics - Quanta Magazine
       More Information

    - Endocrine-Disrupting Chemicals Linked to ADHD-Related Behaviors - MD Magazine
       More Information

    - The Quantified Self: How Data-Obsessed Trackers Push Toward Healthier Lives - LiveScience.com
       More Information


    Did you see the #crowdfunding campaign that @whmsoft will start? #tailored #3d #vr #audio. Please share and comment. Campaign link:

    WhmSoft

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  • 3/27   PHOTOS: Fluorescent turtle embryo wins forty-fifth annual Nikon Small World Competition

    The winners of the 45th annual competition showcase a spectacular blend of science and artistry under the microscope.

    The winners of the 45th annual competition showcase a spectacular blend of science and artistry under the microscope.


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  • 4/27   7 tax scams to watch out for this year

    In case wringing your hands over the tax man weren’t enough, criminals are out there trying to swipe your hard-earned cash and personal information from right under your nose.

    In case wringing your hands over the tax man weren’t enough, criminals are out there trying to swipe your hard-earned cash and personal information from right under your nose.


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  • 5/27   Mother Angry After School's Robocall Keeps Mispronouncing Daughter's Name As A Racial Slur

    The daughter's name is Nicarri.

    The daughter's name is Nicarri.


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  • 6/27   What the CIA thinks of your anti-virus program

    PARIS (AP) — Peppering the 8,000 pages of purported Central Intelligence Agency hacking data released Tuesday by WikiLeaks are reviews of some of the world's most popular anti-virus products.

    PARIS (AP) — Peppering the 8,000 pages of purported Central Intelligence Agency hacking data released Tuesday by WikiLeaks are reviews of some of the world's most popular anti-virus products.


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  • 7/27   Google Patents Sticky Car Hood to Trap Pedestrians in a Collision

    The patent calls for a giant sticker to be placed on the front end of a vehicle, with a special coating over the layer that is only broken when something collides with the vehicle, exposing the adhesive and helping the colliding object to remain on the vehicle.  The idea is to prevent a pedestrian from being thrown after the impact and potentially sustaining even more injuries.

    The patent calls for a giant sticker to be placed on the front end of a vehicle, with a special coating over the layer that is only broken when something collides with the vehicle, exposing the adhesive and helping the colliding object to remain on the vehicle. The idea is to prevent a pedestrian from being thrown after the impact and potentially sustaining even more injuries.


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  • 8/27   Relax, Your Instagram Feed Likely Won't Change Tomorrow

    Relax, your Instagram feed likely isn't changing tomorrow.The great "Insta-freakout" of 2016 was unleashed this morning by a slew of celebrities, bloggers and social media aficionados after they alerted followers to turn on post notifications for future access to their photos, videos and messages. ...

    Relax, your Instagram feed likely isn't changing tomorrow.The great "Insta-freakout" of 2016 was unleashed this morning by a slew of celebrities, bloggers and social media aficionados after they alerted followers to turn on post notifications for future access to their photos, videos and messages. ...


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  • 9/27   'Hack the Pentagon' and get paid legally in new program

    Attention hackers: Time to re-watch “WarGames” and crack your knuckles, the Pentagon is about to pay you to break into some government systems.

    Attention hackers: Time to re-watch “WarGames” and crack your knuckles, the Pentagon is about to pay you to break into some government systems.


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  • 10/27   Elon Musk's Hyperloop Vision Could Be Ready for Passengers by 2018

    The Hyperloop, Elon Musk's vision of launching humans through pods inside a high-speed transportation system, could be ready for passengers by 2018, according to a company building a transportation track in California.  One company working to make Musk's vision a reality, Hyperloop Transportation Technologies, said it has filed for construction permits in Quay Valley, California, for a 5-mile track.  'We are announcing the filing of the first building permit to Kings County to the building of the first full-scale hyperloop, not a test track,' Bibop Gresta, the chief operating officer of Hyperloop Transportation Technologies, said today at the World Economic Forum in Davos, Switzerland, during a CNBC/TradeShift event.

    The Hyperloop, Elon Musk's vision of launching humans through pods inside a high-speed transportation system, could be ready for passengers by 2018, according to a company building a transportation track in California. One company working to make Musk's vision a reality, Hyperloop Transportation Technologies, said it has filed for construction permits in Quay Valley, California, for a 5-mile track. 'We are announcing the filing of the first building permit to Kings County to the building of the first full-scale hyperloop, not a test track,' Bibop Gresta, the chief operating officer of Hyperloop Transportation Technologies, said today at the World Economic Forum in Davos, Switzerland, during a CNBC/TradeShift event.


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  • 11/27   Avowed Apple Fan Jeb Bush Realizes His Apple Watch Can Take Phone Calls

    Jeb Bush's love of Apple products has been widely documented, and the Republican presidential candidate continues to wear his Apple Watch on the campaign trail. Yesterday, in a meeting with The Des Moines Register editorial board documented by USA Today, Bush stumbled upon a feature he didn’t realize his smartwatch was capable of: taking phone calls. Somehow Bush managed to take a call without picking up his iPhone, and the sound of a person’s voice saying hello breaks through the meeting noise, to which Bush responds, “My watch can’t be talking.”

    Jeb Bush's love of Apple products has been widely documented, and the Republican presidential candidate continues to wear his Apple Watch on the campaign trail. Yesterday, in a meeting with The Des Moines Register editorial board documented by USA Today, Bush stumbled upon a feature he didn’t realize his smartwatch was capable of: taking phone calls. Somehow Bush managed to take a call without picking up his iPhone, and the sound of a person’s voice saying hello breaks through the meeting noise, to which Bush responds, “My watch can’t be talking.”


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  • 12/27   Man Proposes by Text Message While Stranded at Chicago's O’Hare Airport

    An Arizona man waiting to fly home to propose to his girlfriend was forced to propose to her via text message after spending 50 hours stranded at Chicago’s O’Hare International Airport.  Danny Roderique, of Phoenix, had the diamond engagement ring in his pocket but the delay got in the way of the proposal he’d planned.  “I’ve been stranded now in the airport for 50 hours,” Roderique told a reporter from ABC affiliate WLS-TV while still waiting at O’Hare on Monday.

    An Arizona man waiting to fly home to propose to his girlfriend was forced to propose to her via text message after spending 50 hours stranded at Chicago’s O’Hare International Airport. Danny Roderique, of Phoenix, had the diamond engagement ring in his pocket but the delay got in the way of the proposal he’d planned. “I’ve been stranded now in the airport for 50 hours,” Roderique told a reporter from ABC affiliate WLS-TV while still waiting at O’Hare on Monday.


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  • 13/27   Twitter Warns Some Users Over Possible Government Hacking

    It's unclear how many people received a letter from Twitter.  In October, Facebook said it would begin issuing alerts to users who the social network believes are being targeted by state-sponsored hackers, according to a message posted by Alex Stamos, Facebook's chief security officer.

    It's unclear how many people received a letter from Twitter. In October, Facebook said it would begin issuing alerts to users who the social network believes are being targeted by state-sponsored hackers, according to a message posted by Alex Stamos, Facebook's chief security officer.


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  • 14/27   Facebook Notifications Get Even More Personal

    Facebook notifications may now be your first stop in the morning to catch up on everything from friends' news to weather, sports scores and what to expect later in the day.  The social network announced this week it will be rolling out expanded, personalized notifications in the Facebook across iOS and Android devices for users in the United States.  The mobile update is bringing a set of new card-like notifications that will include information such as sports scores for teams you have liked, TV shows, weather information and friends' life events, among other updates.

    Facebook notifications may now be your first stop in the morning to catch up on everything from friends' news to weather, sports scores and what to expect later in the day. The social network announced this week it will be rolling out expanded, personalized notifications in the Facebook across iOS and Android devices for users in the United States. The mobile update is bringing a set of new card-like notifications that will include information such as sports scores for teams you have liked, TV shows, weather information and friends' life events, among other updates.


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  • 15/27   How to Tell Which Apps Are Draining Your iPhone Battery

    Some iOS 9 users have complained Facebook's app has been excessively eating away at their battery life, even when the background app refresh setting is disabled.  It's unclear what possible issue may be causing the battery drain.  Tapping the list will show how much of the battery drain was spent when the app was running in the background.

    Some iOS 9 users have complained Facebook's app has been excessively eating away at their battery life, even when the background app refresh setting is disabled. It's unclear what possible issue may be causing the battery drain. Tapping the list will show how much of the battery drain was spent when the app was running in the background.


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  • 16/27   Armed Robbery Suspect Tries Using Uber as Getaway Car, Police Say

    A 23-year-old man suspected of armed robbery tried to take an Uber car to help him get away after he held up a store outside Baltimore, police said.  The suspect, Dashawn Terrell Cochran, was at a store in Parkville, Maryland, early Wednesday morning when he allegedly took a bottle of Tylenol cold medicine to the register, the Baltimore County Police Department said.  Cochran was seen getting into the back of a silver Lexus, and when officers pulled the car over, the driver said he was an Uber driver, police said.

    A 23-year-old man suspected of armed robbery tried to take an Uber car to help him get away after he held up a store outside Baltimore, police said. The suspect, Dashawn Terrell Cochran, was at a store in Parkville, Maryland, early Wednesday morning when he allegedly took a bottle of Tylenol cold medicine to the register, the Baltimore County Police Department said. Cochran was seen getting into the back of a silver Lexus, and when officers pulled the car over, the driver said he was an Uber driver, police said.


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  • 17/27   Drone Popularity Draws Concern From Pilots, Federal Officials

    Roughly 700,000 drones are expected to be sold in the United States this year, according to the Consumer Electronics Association.  The Federal Aviation Administration plans to meet with Walmart, which has 19 different kinds of drones for sale on its website, to teach salespeople about what it should tell its customers about safe drone operation.  The Consumer Electronics Association projects the U.S. drone market to climb above $100 million in revenue this year, an increase of more than 50 percent from last year’s total.

    Roughly 700,000 drones are expected to be sold in the United States this year, according to the Consumer Electronics Association. The Federal Aviation Administration plans to meet with Walmart, which has 19 different kinds of drones for sale on its website, to teach salespeople about what it should tell its customers about safe drone operation. The Consumer Electronics Association projects the U.S. drone market to climb above $100 million in revenue this year, an increase of more than 50 percent from last year’s total.


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  • 18/27   Carly Fiorina: Why She Wants Everyone to Throw Out Their Flip Phones

    Carly Fiorina is putting flip phone users on notice: You’re going to have to upgrade under a President Fiorina.  “How many of you have a flip phone?” Fiorina recently asked a town hall in South Carolina.  It’s all part of a vision the Republican presidential candidate has to give citizens a direct line of communication – literally – to the president.

    Carly Fiorina is putting flip phone users on notice: You’re going to have to upgrade under a President Fiorina. “How many of you have a flip phone?” Fiorina recently asked a town hall in South Carolina. It’s all part of a vision the Republican presidential candidate has to give citizens a direct line of communication – literally – to the president.


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  • 19/27   How a 'Programming Error' Led to an Oregon Couple's $2 Million Cell Phone Bill

    A couple in Oregon say they spent 10 months trying to clear up a whopping $2 million phone bill, which they say has prevented them from buying the home of their dreams.  Ken Slusher and his girlfriend, of Damascus, Oregon, have a balance of $2,156,593.64 on a Verizon Wireless bill that was for a wireless account that they opened in November.  'Yeah, it's been very stressful to say the least,' Slusher told KPTV.com.

    A couple in Oregon say they spent 10 months trying to clear up a whopping $2 million phone bill, which they say has prevented them from buying the home of their dreams. Ken Slusher and his girlfriend, of Damascus, Oregon, have a balance of $2,156,593.64 on a Verizon Wireless bill that was for a wireless account that they opened in November. 'Yeah, it's been very stressful to say the least,' Slusher told KPTV.com.


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  • 20/27   Social media welcomes Pope Francis to the United States

    Pope Francis gets the social media treatment upon arriving in the U.S. Tuesday.  As Pope Francis’s flight touched down in Washington, D.C. on Tuesday, Twitter unveiled a new batch of emojis created for the highly anticipated papal visit.  Until his departure from the United States on Sunday, Twitter users chronicling the Catholic leader’s East Coast journey will be able to include a cartoon image of the Pope’s face in front of the American flag on all Pope-related tweets by using the hashtag #PopeinUS.

    Pope Francis gets the social media treatment upon arriving in the U.S. Tuesday. As Pope Francis’s flight touched down in Washington, D.C. on Tuesday, Twitter unveiled a new batch of emojis created for the highly anticipated papal visit. Until his departure from the United States on Sunday, Twitter users chronicling the Catholic leader’s East Coast journey will be able to include a cartoon image of the Pope’s face in front of the American flag on all Pope-related tweets by using the hashtag #PopeinUS.


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  • 21/27   Real Time Medical Systems Appoints Steven M. Stein, MD as Chief Medical Officer
    TECHNOLOGY TOPIC NEWS

    Real Time Medical Systems (Real Time), the leading post-acute interventional analytics platform, today announced the appointment of Steven M. Stein, MD as Chief Medical Officer. With an extraordinary career entrenched in care management, Dr. Stein's deep knowledge of both the post-acute and payor markets will guide the clinical advancements of Real Time's interventional analytics platform for post-acute providers, health systems, ACOs, physician groups, and managed care organizations.

    Real Time Medical Systems (Real Time), the leading post-acute interventional analytics platform, today announced the appointment of Steven M. Stein, MD as Chief Medical Officer. With an extraordinary career entrenched in care management, Dr. Stein's deep knowledge of both the post-acute and payor markets will guide the clinical advancements of Real Time's interventional analytics platform for post-acute providers, health systems, ACOs, physician groups, and managed care organizations.


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  • 22/27   World LPG Market Outlook 2020 - Identifying Demand-Side Opportunities
    TECHNOLOGY TOPIC NEWS

    The "LPG Market Outlook" report has been added to ResearchAndMarkets.com's offering.

    The "LPG Market Outlook" report has been added to ResearchAndMarkets.com's offering.


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  • 23/27   NYC School Delay Upends De Blasio’s Plan to Open Classrooms
    TECHNOLOGY TOPIC NEWS

    (Bloomberg) -- Mayor Bill de Blasio’s decision Thursday to further delay in-person learning raised questions about whether New York will join other large school districts in reverting to all-remote learning, for at least the start of the year.Four days before New York City schools were to reopen for in-person instruction, the mayor delayed classes for elementary schoolers until Sept. 29 and for middle- and high-school students until Oct. 1. Learning will begin remotely Sept. 21 for all but pre-kindergarten pupils and those with severe developmental disabilities.“We’re giving schools more staff, more time and more support,” Education Chancellor Richard Carranza said at a press briefing Thursday.New York, which has the largest school system in the U.S., is one of the few cities to plan in-person learning this month. The postponement was met with dismay by parents who have been cooped up in apartments for months and are now forced again to make school happen from home.Staff at Mark Twain IS239, a middle school in Coney Island, on Thursday afternoon sent an email begging for patience because the volume of calls and emails from parents worried about technical issues -- and health and safety -- had “increased exponentially.”Some New York parents said they weren’t surprised, but expressed frustration at the system’s lack of preparation for online education.“They haven’t paid any attention to remote learning,” said Christopher Diamond, a Brooklyn father of seventh- and fifth-graders. “They’ve wasted this massive opportunity to really close the education gap using the disruptive technologies we have.”Advocates for students with disabilities raised similar concerns. “Remote learning was disastrous for many students this spring,” Randi Levine, policy director of Advocates for Children of New York, said in an emailed statement. The city must “start paying more attention to how to provide students with effective instruction and help them catch up whether they are learning in person or remotely.”City Council member Justin Brannan said on Twitter, presumably in jest: “I will be leading a tribal scream & drum circle for all NYC parents and teachers in the woods this weekend. PM me for detail.”Seeking TeachersThe delay to in-person learning comes on the heels of the Department of Education backtracking this week on promises of daily live instruction for the city’s more than 1 million students.The city had faced pressure from teachers’ unions to delay reopening until all schools met safety standards, including additional protective equipment and Covid-19 testing for staff and students. A Sept. 21 reopening had been part of an earlier agreement that pushed the date from Sept. 10.Tiffany Patterson, a high-school teacher, said schools weren’t prepared to open Monday. “This blended learning model does create a larger demand for teachers,” she said, “and there’s no way we could have effectively and efficiently served the kids under current circumstances.”De Blasio said the system is tapping the substitute-teacher pool, current staff and the City University of New York system. On Monday, he had announced an additional 2,000 teachers and said there would eventually be a total of 4,500.“Staffing allows for everything else to work,” the mayor said Thursday.Union ApprovedMichael Mulgrew, president of the United Federation of Teachers in New York City, said ventilation had been a problem but that “the city is really on top” of the situation. Mulgrew said he was pleased with a command center set up to coordinate the city’s response, and advances on virus testing. He said more needs to be done on contact tracing.The system has a “pretty decent stockpile” of personal protective equipment, Mulgrew said, adding that apportioning it “is something that should be figured out.”“This is an unprecedented challenge,” he said. “If we’re going to do this, we must make sure we get this right.”Other major systems have concluded that getting it right is too daunting a task at this point.Chicago Public Schools began this month with full remote learning, and plan to assess in-person learning in a hybrid model starting only in November. Los Angeles Unified and San Diego Unified aren’t resuming in-person classes.Pandemic PurchasesOther districts are pressing ahead, attempting to reopen because millions of children rely on schools for food, counseling and basic health care. The setback in New York shows how hard it will be.Reopening is expensive, with public schools stockpiling masks, hand sanitizer and plexiglass shields to protect children in the classrooms.The American Federation of Teachers estimates that safely opening in the pandemic could cost districts an extra $116.5 billion. The Association of School Business Officials International and the School Superintendents Association estimate it will cost the average U.S. district $1.77 million in new disinfecting expenses, cleaning equipment and additional staff to be able to reopen in person.Chicago, the nation’s third-biggest district, has proposed a 7% larger budget for this fiscal year for Covid expenses such as devices and Internet service for thousands of students -- and cleaning supplies.Gotham Problems“Opening city schools is going to take all our political and scientific and policy-making will,” said Shailesh Date, an epidemiologist and founder of LRC Systems, a San Francisco company that works to improve public health with data. “New York is different from many other places in the country. It’s a high-density city. Just the number of people is going to be an issue. You are always going to have a problem with infectious diseases.”Meeting public-health guidelines in New York may be complicated by the layout of older buildings that make it difficult to maintain social distance especially in the hallways, said Karl Minges, a professor of health policy at the University of New Haven.“It’s better to be outside,” Minges said, though delaying the reopening into autumn may make that difficult.But de Blasio said the city would push through all obstacles. “Nothing replaces the in-person experience,” he said.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

    (Bloomberg) -- Mayor Bill de Blasio’s decision Thursday to further delay in-person learning raised questions about whether New York will join other large school districts in reverting to all-remote learning, for at least the start of the year.Four days before New York City schools were to reopen for in-person instruction, the mayor delayed classes for elementary schoolers until Sept. 29 and for middle- and high-school students until Oct. 1. Learning will begin remotely Sept. 21 for all but pre-kindergarten pupils and those with severe developmental disabilities.“We’re giving schools more staff, more time and more support,” Education Chancellor Richard Carranza said at a press briefing Thursday.New York, which has the largest school system in the U.S., is one of the few cities to plan in-person learning this month. The postponement was met with dismay by parents who have been cooped up in apartments for months and are now forced again to make school happen from home.Staff at Mark Twain IS239, a middle school in Coney Island, on Thursday afternoon sent an email begging for patience because the volume of calls and emails from parents worried about technical issues -- and health and safety -- had “increased exponentially.”Some New York parents said they weren’t surprised, but expressed frustration at the system’s lack of preparation for online education.“They haven’t paid any attention to remote learning,” said Christopher Diamond, a Brooklyn father of seventh- and fifth-graders. “They’ve wasted this massive opportunity to really close the education gap using the disruptive technologies we have.”Advocates for students with disabilities raised similar concerns. “Remote learning was disastrous for many students this spring,” Randi Levine, policy director of Advocates for Children of New York, said in an emailed statement. The city must “start paying more attention to how to provide students with effective instruction and help them catch up whether they are learning in person or remotely.”City Council member Justin Brannan said on Twitter, presumably in jest: “I will be leading a tribal scream & drum circle for all NYC parents and teachers in the woods this weekend. PM me for detail.”Seeking TeachersThe delay to in-person learning comes on the heels of the Department of Education backtracking this week on promises of daily live instruction for the city’s more than 1 million students.The city had faced pressure from teachers’ unions to delay reopening until all schools met safety standards, including additional protective equipment and Covid-19 testing for staff and students. A Sept. 21 reopening had been part of an earlier agreement that pushed the date from Sept. 10.Tiffany Patterson, a high-school teacher, said schools weren’t prepared to open Monday. “This blended learning model does create a larger demand for teachers,” she said, “and there’s no way we could have effectively and efficiently served the kids under current circumstances.”De Blasio said the system is tapping the substitute-teacher pool, current staff and the City University of New York system. On Monday, he had announced an additional 2,000 teachers and said there would eventually be a total of 4,500.“Staffing allows for everything else to work,” the mayor said Thursday.Union ApprovedMichael Mulgrew, president of the United Federation of Teachers in New York City, said ventilation had been a problem but that “the city is really on top” of the situation. Mulgrew said he was pleased with a command center set up to coordinate the city’s response, and advances on virus testing. He said more needs to be done on contact tracing.The system has a “pretty decent stockpile” of personal protective equipment, Mulgrew said, adding that apportioning it “is something that should be figured out.”“This is an unprecedented challenge,” he said. “If we’re going to do this, we must make sure we get this right.”Other major systems have concluded that getting it right is too daunting a task at this point.Chicago Public Schools began this month with full remote learning, and plan to assess in-person learning in a hybrid model starting only in November. Los Angeles Unified and San Diego Unified aren’t resuming in-person classes.Pandemic PurchasesOther districts are pressing ahead, attempting to reopen because millions of children rely on schools for food, counseling and basic health care. The setback in New York shows how hard it will be.Reopening is expensive, with public schools stockpiling masks, hand sanitizer and plexiglass shields to protect children in the classrooms.The American Federation of Teachers estimates that safely opening in the pandemic could cost districts an extra $116.5 billion. The Association of School Business Officials International and the School Superintendents Association estimate it will cost the average U.S. district $1.77 million in new disinfecting expenses, cleaning equipment and additional staff to be able to reopen in person.Chicago, the nation’s third-biggest district, has proposed a 7% larger budget for this fiscal year for Covid expenses such as devices and Internet service for thousands of students -- and cleaning supplies.Gotham Problems“Opening city schools is going to take all our political and scientific and policy-making will,” said Shailesh Date, an epidemiologist and founder of LRC Systems, a San Francisco company that works to improve public health with data. “New York is different from many other places in the country. It’s a high-density city. Just the number of people is going to be an issue. You are always going to have a problem with infectious diseases.”Meeting public-health guidelines in New York may be complicated by the layout of older buildings that make it difficult to maintain social distance especially in the hallways, said Karl Minges, a professor of health policy at the University of New Haven.“It’s better to be outside,” Minges said, though delaying the reopening into autumn may make that difficult.But de Blasio said the city would push through all obstacles. “Nothing replaces the in-person experience,” he said.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.


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  • 24/27   Argentina’s Economic Team Splits Over Curbs on Dollar Buying
    TECHNOLOGY TOPIC NEWS

    (Bloomberg) -- Argentina’s latest crackdown on dollar purchases exposed a split between the nation’s top policy makers as they struggle to find a way back from the deepest crash on record.Argentina’s dollar bonds extended their drop on Thursday, two days after Central Bank chief Miguel Pesce tightened already-strict currency controls.Pesce wanted to ban savers from buying any dollars at all, while Economy Minister Martin Guzman opposed the idea, according to four people with direct knowledge of the matter. Ultimately, they reached a compromise after meeting with President Alberto Fernandez early last week.With no clear plan to pull the economy out of a deep three-year recession, the government is trying to cling on and protect Argentina’s dwindling dollar reserves at least until the soy harvest starts in March, when rising agricultural exports boost dollar receipts, according to two people with direct knowledge.Guzman had previously voiced his opposition to tighter controls, saying he favored “‘normalization” of Argentina’s currency markets.The government’s economic team is also split over how long the curbs should stay in place. Some view the new controls as indefinite, while others want them to be temporary solutions, the people said. Only one of the measures, aimed at company debt in foreign currency, has a set expiry date, for the end of March.A central bank spokesman denied that there’s any division with the economy ministry, and said the policy was coordinated between the leaders of the economic team. The economy ministry didn’t reply to a request for comment.The latest controls include a new tax for savers buying greenbacks. The government is also forcing companies with more than $1 million in monthly capital debt payments through March to restructure or defer part of those obligations.Recurring FearThe measures ended a period of relative calm in the turbulent economy, two weeks after a debt restructuring that was intended to restore some investor confidence in Argentina following the nation’s ninth default.“There’s a high degree of unease in terms of investors looking at the country, and companies operating in the country,” said Jimena Blanco, director of Latin America research at consulting firm Verisk Maplecroft in Buenos Aires. “All of these policies are actually discouraging investment.”The bleeding of dollar reserves is a recurring fear for Argentine governments. In 2011, the government of Cristina Fernandez de Kirchner tightened the rules for individuals seeking to buy dollars.Alberto Fernandez criticized the controls around that time, saying they were an attack on personal freedom. But now, as president, and with international reserves at $42.5 billion, close to a three-year low, he is implementing a similar policy himself.On Aug. 15, Fernandez publicly floated Pesce’s idea of cutting savers off entirely from buying dollars. About 4 million Argentines purchased dollars in the official market in August, a record high, according to a senior official.The currency curbs, which are meant to stem an outflow of dollars, come on top of other existing economic restrictions, such as a ban on firing workers and a 30% tax on any purchases not made in pesos.Argentina’s economy is forecast to contract 12% this year, according to the government’s recently-published budget proposal.Netflix SubscriptionsThe split comes as Pesce and Guzman are leading Argentina’s negotiations with the International Monetary Fund, to which the nation owes $44 billion from a failed bailout given to the previous government. How the Fernandez administration plans to eventually unwind currency controls will be a focal point of the new IMF program.In a statement to Bloomberg News, an IMF spokesman said “we are currently assessing these measures and will be discussing them with the authorities in the context of our ongoing dialogue.” The IMF is also reviewing the government’s 2021 budget draft. Analysts warn that forcing private companies to restructure their dollar debt may also complicate the IMF talks.“This is likely to make negotiations with the IMF more difficult, as they are effectively killing the private sector debt market and hence Argentina’s repayment capacity,” says Marcos Buscaglia, co-founder of Argentine consulting firm Alberdi Partners.With Argentines stuck inside due to lockdown measures to curb the coronavirus pandemic, the new measures hit home: If citizens subscribe to Netflix or Spotify to relieve the boredom, those purchases will count toward the $200 they can purchase each month -- and will be subject to a 65% tax.The measures are likely to further hit Fernandez’s popularity, which had already been falling as cases of the virus rise, Buscaglia added.“It’s a real bomb to the Argentine middle class,” he said.(Adds statement from the IMF in 18th paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

    (Bloomberg) -- Argentina’s latest crackdown on dollar purchases exposed a split between the nation’s top policy makers as they struggle to find a way back from the deepest crash on record.Argentina’s dollar bonds extended their drop on Thursday, two days after Central Bank chief Miguel Pesce tightened already-strict currency controls.Pesce wanted to ban savers from buying any dollars at all, while Economy Minister Martin Guzman opposed the idea, according to four people with direct knowledge of the matter. Ultimately, they reached a compromise after meeting with President Alberto Fernandez early last week.With no clear plan to pull the economy out of a deep three-year recession, the government is trying to cling on and protect Argentina’s dwindling dollar reserves at least until the soy harvest starts in March, when rising agricultural exports boost dollar receipts, according to two people with direct knowledge.Guzman had previously voiced his opposition to tighter controls, saying he favored “‘normalization” of Argentina’s currency markets.The government’s economic team is also split over how long the curbs should stay in place. Some view the new controls as indefinite, while others want them to be temporary solutions, the people said. Only one of the measures, aimed at company debt in foreign currency, has a set expiry date, for the end of March.A central bank spokesman denied that there’s any division with the economy ministry, and said the policy was coordinated between the leaders of the economic team. The economy ministry didn’t reply to a request for comment.The latest controls include a new tax for savers buying greenbacks. The government is also forcing companies with more than $1 million in monthly capital debt payments through March to restructure or defer part of those obligations.Recurring FearThe measures ended a period of relative calm in the turbulent economy, two weeks after a debt restructuring that was intended to restore some investor confidence in Argentina following the nation’s ninth default.“There’s a high degree of unease in terms of investors looking at the country, and companies operating in the country,” said Jimena Blanco, director of Latin America research at consulting firm Verisk Maplecroft in Buenos Aires. “All of these policies are actually discouraging investment.”The bleeding of dollar reserves is a recurring fear for Argentine governments. In 2011, the government of Cristina Fernandez de Kirchner tightened the rules for individuals seeking to buy dollars.Alberto Fernandez criticized the controls around that time, saying they were an attack on personal freedom. But now, as president, and with international reserves at $42.5 billion, close to a three-year low, he is implementing a similar policy himself.On Aug. 15, Fernandez publicly floated Pesce’s idea of cutting savers off entirely from buying dollars. About 4 million Argentines purchased dollars in the official market in August, a record high, according to a senior official.The currency curbs, which are meant to stem an outflow of dollars, come on top of other existing economic restrictions, such as a ban on firing workers and a 30% tax on any purchases not made in pesos.Argentina’s economy is forecast to contract 12% this year, according to the government’s recently-published budget proposal.Netflix SubscriptionsThe split comes as Pesce and Guzman are leading Argentina’s negotiations with the International Monetary Fund, to which the nation owes $44 billion from a failed bailout given to the previous government. How the Fernandez administration plans to eventually unwind currency controls will be a focal point of the new IMF program.In a statement to Bloomberg News, an IMF spokesman said “we are currently assessing these measures and will be discussing them with the authorities in the context of our ongoing dialogue.” The IMF is also reviewing the government’s 2021 budget draft. Analysts warn that forcing private companies to restructure their dollar debt may also complicate the IMF talks.“This is likely to make negotiations with the IMF more difficult, as they are effectively killing the private sector debt market and hence Argentina’s repayment capacity,” says Marcos Buscaglia, co-founder of Argentine consulting firm Alberdi Partners.With Argentines stuck inside due to lockdown measures to curb the coronavirus pandemic, the new measures hit home: If citizens subscribe to Netflix or Spotify to relieve the boredom, those purchases will count toward the $200 they can purchase each month -- and will be subject to a 65% tax.The measures are likely to further hit Fernandez’s popularity, which had already been falling as cases of the virus rise, Buscaglia added.“It’s a real bomb to the Argentine middle class,” he said.(Adds statement from the IMF in 18th paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.


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  • 25/27   Global Cases Near 30 Million; France Tally Jumps: Virus Update
    TECHNOLOGY TOPIC NEWS

    (Bloomberg) -- Global coronavirus cases are nearing 30 million, with the death toll approaching 1 million. France reported the highest number of cases since its lockdown.New York City delayed in-person school classes for the second time. A gauge of the Covid-19’s spread in Florida reached the highest level in 10 days, California’s numbers inched higher, while Texas eases some restrictions.Moderna Inc. released details of a plan for analyzing the data from its Covid-19 vaccine trial, offering an unusual under-the-hood look at the study of a top vaccine candidate. “We want to make sure the general public has trust in vaccines by being transparent,” Chief Executive Officer Stephane Bancel said. In the U.K., the country’s testing chief said demand for Covid tests is “significantly outstripping” capacity.Key Developments:Global Tracker: Cases pass 29.9 million; deaths exceed 941,000Tracking the spread of the coronavirus outbreak in the U.S.EU unveils conditions for massive recovery-fund paymentsLondoners slowly return to work after schools reopenedChina to make decision on WHO vaccine program snubbed by TrumpTrump’s vaccine timeline faster than deemed possible by scientific agencies Texas relaxes some virus restrictions across most of the stateU.K.’s demand for coronavirus tests far outstrips capacitySubscribe to a daily update on the virus from Bloomberg’s Prognosis team here. Click CVID on the terminal for global data on coronavirus cases and deaths.California Cases Rise 0.4% (2:05 p.m. NY)California reported 3,238 new virus cases, a 0.4% increase and slightly less than the 14-day average of 3,502.There were 106 new deaths, bringing the total to 14,721. The average rate of positive tests fell to 3.5% from 3.6%, representing a new low in state data. The figures represent ongoing improvement in the outbreak, with Governor Gavin Newsom saying yesterday that California has turned the corner in suppressing the virus after a summer surge.The governor also signed a new law Thursday where essential workers in the state who contract Covid-19 and file a worker’s compensation claim will continue to be afforded a presumption that the infection happened on the job.White House Wants More Aid for Airlines (1:55 p.m. NY) President Donald Trump would support narrow legislation to provide more financial aid to airlines, White House Chief of Staff Mark Meadows said Thursday after meeting with industry executives.Meadows said the industry needs $25 billion, and that up to 50,000 jobs are at risk. Airlines have warned that they plan mass reductions after an existing federal prohibition on job cuts expires at the close of business on Sept. 30.U.K. Test Demand Is Outstripping Capacity (1:45 p.m. NY)Demand for coronavirus tests is “significantly outstripping” the capacity available, the U.K.’s testing chief said.The number of people calling the Covid-19 phone helpline and visiting the government website totaled three to four times the number of tests, Dido Harding, head of the National Health Service Test and Trace program, told the House of Commons Science and Technology Committee on Thursday.Harding was giving evidence as the government’s testing program comes under increasing pressure to deal with a surge in demand following the return of children to school and as people head back to work. To compound matters, cases are rising exponentially again after falling off over the summer.France Cases Surge (1:30 p.m. NY)France reported the most new daily coronavirus cases since the end of the country’s lockdown in May, after Health Minister Olivier Veranwarned Covid-19 is “very active” again in the country.Cases rose by 10,593 on Thursday, according to data from the public health agency, the second time in six days that new infections top 10,000. The seven-day rolling average rose to 8,791, climbing for a month to the highest since the start of the outbreak.French health authorities reported deaths linked to the virus increased by 50 to 31,095. Veran said the increase in infections will necessarily end up with more people hospitalized and in intensive care. “The virus did not become less dangerous with the summer, alas,” the minister said at a press conference on Thursday. “We are now seeing the number of Covid patients in intensive care go up in a worrying way.”Hans Kluge, the World Health Organization’s regional director for Europe, said earlier that the region is showing “alarming rates of transmission across.” The September case numbers “should serve as a wake-up call for all of us,” he added.Texas Eases Restrictions (1:25 p.m. NY)Texas Governor Greg Abbott relaxed some virus restrictions across most of the state, citing plummeting hospital admissions.Restaurants, retail stores, office buildings, factories, gyms and museums will be allowed to operate at 75% of capacity starting Sept. 21, Abbott said during a media briefing on Thursday. That’s up from the 50% limit in place since late June, when a resurgence in Covid-19 cases prompted him to reverse an earlier opening order.The easing of restrictions applies to 19 of the Lone Star state’s 22 hospital regions. Abbott said patient tallies were still too high in three regions -- the Rio Grande Valley, Laredo and Victoria -- to relax the limits just yet.Ireland Adds 240 Cases, One Death (1:10 p.m. NY)Ireland reported 240 more coronavirus cases and one death, ahead of an expected increase of restrictions in Dublin. The Irish capital accounted for about half the newly diagnosed cases. The government is expected to sign off Friday on moving Dublin to the next level of restrictions, including keeping pubs that don’t serve food closed and tightening limits on travel outside the city.Spain’s Virus Pace Slows (12:45 p.m. NY)Spain reported 4,541 daily new cases, fewer than the 4,728 reported a day earlier. Deaths declined for the fourth consecutive day to 19, according to Health Ministry data. That compares to more than 800 on several days in March, when the pandemic first raged in Europe.Mexico Extends Land Travel Restriction at U.S. Border (12:30 p.m. NY)Mexico will extend land travel restriction at its border with the U.S. through Oct. 21, the Foreign Affairs ministry said in tweet. The extension came after a review of the spread of Covid-19.More Brazil Top Officials Infected (12:30 p.m. NY)The swearing-in ceremony of Brazil’s chief justice last week is emerging as a potential new cluster of coronavirus infections among the country’s political elite.Lower house Speaker Rodrigo Maia was diagnosed Wednesday, becoming the fifth senior government official to test positive for Covid-19 after attending the event. Maia is currently experiencing mild symptoms and is being treated at his official residence in Brasilia, where he will remain in isolation respecting medical recommendations, his press office said in a statement.U.K. Adds Singapore, Thailand to Travel Corridor List (12:05 p.m. NY)U.K.’s government will no longer be asking people arriving from Singapore and Thailand to quarantine as they enter the country, Transport Secretary Grant Shapps said in a tweet. However, those arriving from Slovenia and Guadeloupe will be asked to self isolate as it removes the two countries from the Travel Corridor list.Arizona Reports Most Cases Since Aug. 1 (11:30 a.m. NY)Arizona on Thursday reported 1,753 new virus cases, the most for a day since Aug. 1. The surge -- a 0.8% increase compared with 0.2% for the prior seven-day period -- brought the total number of cases to 211,660.The state Department of Health Services recorded 38 new Covid-19 deaths, bringing the toll to 5,409.New York Case Trend Stable (11:20 a.m. NY)New York recorded 896 new virus cases, Governor Andrew Cuomo said on Twitter. It’s a 0.2% increase that matches the previous seven days’ average.Florida’s Trend Points Up (11:20 a.m. NY)Florida reported 674,456 cases on Thursday, a 0.5% rise from a day earlier that compares with an average 0.4% increase in the previous seven days. That’s a daily change of 3,255 cases, according to the health department report, which includes data through Wednesday.On a seven-day rolling basis, new cases totaled 19,725, the highest in a similar period since the Sept. 7 report, marking an upward trend from recent lows. Still, weekly case counts are about a quarter of peak levels during July.Deaths among Florida residents reached 13,086, an increase of 1.1%, or 147. Deaths often trail infections by weeks and generally take even longer to be reflected in the data.Portugal’s Cases Soar to April Levels (10:43 a.m. NY)Portugal reported the most new cases since April, an increase of 770 that brought the total to 66,396. The number of Covid-19 patients in the hospital and ICU care fell.Portugal reported more than 600 confirmed cases on six of the last nine days. Authorities on Tuesday set a nationwide cap of 10 people for most public gatherings, expanding a rule in place in Lisbon. The previous limit outside the capital was 20.N.Y. Middle, High School Openings Delayed to Oct. 1 (10:30 a.m. NY)New York Mayor Bill de Blasio announced a revised schedule for in-person schools that will delay kindergarten through eighth grade openings to Sept. 29 and middle and high schools until Oct. 1.Learning will begin remotely Sept. 21 for all but pre-kindergarten pupils and those with severe developmental disabilities.U.S. Jobless Claims Resume Drop (8:39 a.m. NY)The number of Americans applying for jobless benefits resumed its decline, signaling a gradual improvement in the battered labor market.Jobless claims in regular state programs decreased by 33,000 to 860,000 in the week ended Sept. 12, which coincides with the reference period for the government’s monthly jobs report, according to Labor Department figures released Thursday. Continuing claims, the total number of Americans on state benefit rolls, fell by almost 1 million, to 12.6 million, in the week ended Sept. 5.Economists expected initial claims of 850,000 and continuing claims of 13 million, according to median estimates in a Bloomberg survey.Austria Tightens Virus Measures (8:38 a.m. NY)Austria is banning indoor meetings of more than 10 people from Monday after bars, clubs and private parties have turned into a major driver of new infections. “We are noticing that we have an exponential increase of infections,” Chancellor Sebastian Kurz told journalists in Vienna. “We have to react now to avoid a second lockdown.”Mask requirements are also widened to include markets and religious services and now have to be worn in restaurants while not seated, Kurz said. The 7-day average of daily new infections has risen for 12 straight days and more than doubled in that period to 658 as of Thursday. The number of active virus cases passed 7,000, a level last seen during the lockdown in April.Moderna Releases Trial Plan (7 a.m. NY)Moderna released details of its plan for analyzing data from its Covid-19 vaccine trial. It has now enrolled 25,296 of an expected 30,000 volunteers, and more than 10,000 have received two doses of the vaccine, according to a statement released ahead of an investor meeting on Thursday.Moderna’s trial is only likely to generate clear positive results at the first analysis if it turns out to be very highly effective, reducing Covid-19 cases by 74% or more. If the vaccine turns out to be a more modest 60% effective, the trial might have to proceed to the final efficacy readout in order to generate clear results, according to the 135-page trial protocol.The company aims to create public confidence that it is doing everything it can to ensure a vaccine is safe and effective, said Chief Executive Officer Stephane Bancel. Bancel said the most likely scenario was that Moderna’s vaccine could generate preliminary efficacy data in November.Ultra-Rapid Test Being Developed in the EU (4:55 p.m. HK)CORONADX, a project funded by the European Union, is developing a coronavirus test that they say provides results in less than one minute. The test is expected to be ready before the end of 2020 and will initially be available in Denmark before being deployed in other countries.The test uses antibodies against SARS-CoV-2 that are fixed to microscopic latex beads. If a patient’s sample contains the virus, the antibodies bind to the viral particles and bring the latex beads along, forming a visible clump. The reaction occurs within seconds and can be done on a small, inexpensive paper strip. CORONADX says the PATHAG test will be non-commercial.BioNTech Boosts Covid Vaccine Capacity (4 p.m. HK)BioNTech SE is buying a German manufacturing site with capacity to churn out 750 million vaccine doses a year, more than doubling the amount the company can produce. The purchase from Swiss pharma giant Novartis AG shows the German biotech’s confidence in the experimental vaccine it’s developing together with U.S. partner Pfizer Inc. and China’s Shanghai Fosun Pharmaceutical Group Co.The company also said it expects results of the Phase III vaccine trial at the end of October or early November.Czech Measures Loom After Daily Record (3:20 p.m. HK)A Czech government official recommended tighter social-distancing measures after the country reported a daily record of 2,139 new infections. While most cases have mild symptoms, hospitalizations will continue to rise, according to Roman Prymula, the government’s envoy for medical research.India Sets Daily Record (2:15 p.m. HK)India discovered nearly 98,000 new coronavirus infections in the last 24 hours, a new daily record that further added to what’s already the world’s second largest tally of confirmed cases. Among the new cases is Nitin Gadkari, India’s transport minister, the second top aide of Prime Minister Narendra Modi to get infected.Meanwhile, the country’s central bank governor reportedly said economic recovery will be slow and it is “battle ready” to provide support as needed.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

    (Bloomberg) -- Global coronavirus cases are nearing 30 million, with the death toll approaching 1 million. France reported the highest number of cases since its lockdown.New York City delayed in-person school classes for the second time. A gauge of the Covid-19’s spread in Florida reached the highest level in 10 days, California’s numbers inched higher, while Texas eases some restrictions.Moderna Inc. released details of a plan for analyzing the data from its Covid-19 vaccine trial, offering an unusual under-the-hood look at the study of a top vaccine candidate. “We want to make sure the general public has trust in vaccines by being transparent,” Chief Executive Officer Stephane Bancel said. In the U.K., the country’s testing chief said demand for Covid tests is “significantly outstripping” capacity.Key Developments:Global Tracker: Cases pass 29.9 million; deaths exceed 941,000Tracking the spread of the coronavirus outbreak in the U.S.EU unveils conditions for massive recovery-fund paymentsLondoners slowly return to work after schools reopenedChina to make decision on WHO vaccine program snubbed by TrumpTrump’s vaccine timeline faster than deemed possible by scientific agencies Texas relaxes some virus restrictions across most of the stateU.K.’s demand for coronavirus tests far outstrips capacitySubscribe to a daily update on the virus from Bloomberg’s Prognosis team here. Click CVID on the terminal for global data on coronavirus cases and deaths.California Cases Rise 0.4% (2:05 p.m. NY)California reported 3,238 new virus cases, a 0.4% increase and slightly less than the 14-day average of 3,502.There were 106 new deaths, bringing the total to 14,721. The average rate of positive tests fell to 3.5% from 3.6%, representing a new low in state data. The figures represent ongoing improvement in the outbreak, with Governor Gavin Newsom saying yesterday that California has turned the corner in suppressing the virus after a summer surge.The governor also signed a new law Thursday where essential workers in the state who contract Covid-19 and file a worker’s compensation claim will continue to be afforded a presumption that the infection happened on the job.White House Wants More Aid for Airlines (1:55 p.m. NY) President Donald Trump would support narrow legislation to provide more financial aid to airlines, White House Chief of Staff Mark Meadows said Thursday after meeting with industry executives.Meadows said the industry needs $25 billion, and that up to 50,000 jobs are at risk. Airlines have warned that they plan mass reductions after an existing federal prohibition on job cuts expires at the close of business on Sept. 30.U.K. Test Demand Is Outstripping Capacity (1:45 p.m. NY)Demand for coronavirus tests is “significantly outstripping” the capacity available, the U.K.’s testing chief said.The number of people calling the Covid-19 phone helpline and visiting the government website totaled three to four times the number of tests, Dido Harding, head of the National Health Service Test and Trace program, told the House of Commons Science and Technology Committee on Thursday.Harding was giving evidence as the government’s testing program comes under increasing pressure to deal with a surge in demand following the return of children to school and as people head back to work. To compound matters, cases are rising exponentially again after falling off over the summer.France Cases Surge (1:30 p.m. NY)France reported the most new daily coronavirus cases since the end of the country’s lockdown in May, after Health Minister Olivier Veranwarned Covid-19 is “very active” again in the country.Cases rose by 10,593 on Thursday, according to data from the public health agency, the second time in six days that new infections top 10,000. The seven-day rolling average rose to 8,791, climbing for a month to the highest since the start of the outbreak.French health authorities reported deaths linked to the virus increased by 50 to 31,095. Veran said the increase in infections will necessarily end up with more people hospitalized and in intensive care. “The virus did not become less dangerous with the summer, alas,” the minister said at a press conference on Thursday. “We are now seeing the number of Covid patients in intensive care go up in a worrying way.”Hans Kluge, the World Health Organization’s regional director for Europe, said earlier that the region is showing “alarming rates of transmission across.” The September case numbers “should serve as a wake-up call for all of us,” he added.Texas Eases Restrictions (1:25 p.m. NY)Texas Governor Greg Abbott relaxed some virus restrictions across most of the state, citing plummeting hospital admissions.Restaurants, retail stores, office buildings, factories, gyms and museums will be allowed to operate at 75% of capacity starting Sept. 21, Abbott said during a media briefing on Thursday. That’s up from the 50% limit in place since late June, when a resurgence in Covid-19 cases prompted him to reverse an earlier opening order.The easing of restrictions applies to 19 of the Lone Star state’s 22 hospital regions. Abbott said patient tallies were still too high in three regions -- the Rio Grande Valley, Laredo and Victoria -- to relax the limits just yet.Ireland Adds 240 Cases, One Death (1:10 p.m. NY)Ireland reported 240 more coronavirus cases and one death, ahead of an expected increase of restrictions in Dublin. The Irish capital accounted for about half the newly diagnosed cases. The government is expected to sign off Friday on moving Dublin to the next level of restrictions, including keeping pubs that don’t serve food closed and tightening limits on travel outside the city.Spain’s Virus Pace Slows (12:45 p.m. NY)Spain reported 4,541 daily new cases, fewer than the 4,728 reported a day earlier. Deaths declined for the fourth consecutive day to 19, according to Health Ministry data. That compares to more than 800 on several days in March, when the pandemic first raged in Europe.Mexico Extends Land Travel Restriction at U.S. Border (12:30 p.m. NY)Mexico will extend land travel restriction at its border with the U.S. through Oct. 21, the Foreign Affairs ministry said in tweet. The extension came after a review of the spread of Covid-19.More Brazil Top Officials Infected (12:30 p.m. NY)The swearing-in ceremony of Brazil’s chief justice last week is emerging as a potential new cluster of coronavirus infections among the country’s political elite.Lower house Speaker Rodrigo Maia was diagnosed Wednesday, becoming the fifth senior government official to test positive for Covid-19 after attending the event. Maia is currently experiencing mild symptoms and is being treated at his official residence in Brasilia, where he will remain in isolation respecting medical recommendations, his press office said in a statement.U.K. Adds Singapore, Thailand to Travel Corridor List (12:05 p.m. NY)U.K.’s government will no longer be asking people arriving from Singapore and Thailand to quarantine as they enter the country, Transport Secretary Grant Shapps said in a tweet. However, those arriving from Slovenia and Guadeloupe will be asked to self isolate as it removes the two countries from the Travel Corridor list.Arizona Reports Most Cases Since Aug. 1 (11:30 a.m. NY)Arizona on Thursday reported 1,753 new virus cases, the most for a day since Aug. 1. The surge -- a 0.8% increase compared with 0.2% for the prior seven-day period -- brought the total number of cases to 211,660.The state Department of Health Services recorded 38 new Covid-19 deaths, bringing the toll to 5,409.New York Case Trend Stable (11:20 a.m. NY)New York recorded 896 new virus cases, Governor Andrew Cuomo said on Twitter. It’s a 0.2% increase that matches the previous seven days’ average.Florida’s Trend Points Up (11:20 a.m. NY)Florida reported 674,456 cases on Thursday, a 0.5% rise from a day earlier that compares with an average 0.4% increase in the previous seven days. That’s a daily change of 3,255 cases, according to the health department report, which includes data through Wednesday.On a seven-day rolling basis, new cases totaled 19,725, the highest in a similar period since the Sept. 7 report, marking an upward trend from recent lows. Still, weekly case counts are about a quarter of peak levels during July.Deaths among Florida residents reached 13,086, an increase of 1.1%, or 147. Deaths often trail infections by weeks and generally take even longer to be reflected in the data.Portugal’s Cases Soar to April Levels (10:43 a.m. NY)Portugal reported the most new cases since April, an increase of 770 that brought the total to 66,396. The number of Covid-19 patients in the hospital and ICU care fell.Portugal reported more than 600 confirmed cases on six of the last nine days. Authorities on Tuesday set a nationwide cap of 10 people for most public gatherings, expanding a rule in place in Lisbon. The previous limit outside the capital was 20.N.Y. Middle, High School Openings Delayed to Oct. 1 (10:30 a.m. NY)New York Mayor Bill de Blasio announced a revised schedule for in-person schools that will delay kindergarten through eighth grade openings to Sept. 29 and middle and high schools until Oct. 1.Learning will begin remotely Sept. 21 for all but pre-kindergarten pupils and those with severe developmental disabilities.U.S. Jobless Claims Resume Drop (8:39 a.m. NY)The number of Americans applying for jobless benefits resumed its decline, signaling a gradual improvement in the battered labor market.Jobless claims in regular state programs decreased by 33,000 to 860,000 in the week ended Sept. 12, which coincides with the reference period for the government’s monthly jobs report, according to Labor Department figures released Thursday. Continuing claims, the total number of Americans on state benefit rolls, fell by almost 1 million, to 12.6 million, in the week ended Sept. 5.Economists expected initial claims of 850,000 and continuing claims of 13 million, according to median estimates in a Bloomberg survey.Austria Tightens Virus Measures (8:38 a.m. NY)Austria is banning indoor meetings of more than 10 people from Monday after bars, clubs and private parties have turned into a major driver of new infections. “We are noticing that we have an exponential increase of infections,” Chancellor Sebastian Kurz told journalists in Vienna. “We have to react now to avoid a second lockdown.”Mask requirements are also widened to include markets and religious services and now have to be worn in restaurants while not seated, Kurz said. The 7-day average of daily new infections has risen for 12 straight days and more than doubled in that period to 658 as of Thursday. The number of active virus cases passed 7,000, a level last seen during the lockdown in April.Moderna Releases Trial Plan (7 a.m. NY)Moderna released details of its plan for analyzing data from its Covid-19 vaccine trial. It has now enrolled 25,296 of an expected 30,000 volunteers, and more than 10,000 have received two doses of the vaccine, according to a statement released ahead of an investor meeting on Thursday.Moderna’s trial is only likely to generate clear positive results at the first analysis if it turns out to be very highly effective, reducing Covid-19 cases by 74% or more. If the vaccine turns out to be a more modest 60% effective, the trial might have to proceed to the final efficacy readout in order to generate clear results, according to the 135-page trial protocol.The company aims to create public confidence that it is doing everything it can to ensure a vaccine is safe and effective, said Chief Executive Officer Stephane Bancel. Bancel said the most likely scenario was that Moderna’s vaccine could generate preliminary efficacy data in November.Ultra-Rapid Test Being Developed in the EU (4:55 p.m. HK)CORONADX, a project funded by the European Union, is developing a coronavirus test that they say provides results in less than one minute. The test is expected to be ready before the end of 2020 and will initially be available in Denmark before being deployed in other countries.The test uses antibodies against SARS-CoV-2 that are fixed to microscopic latex beads. If a patient’s sample contains the virus, the antibodies bind to the viral particles and bring the latex beads along, forming a visible clump. The reaction occurs within seconds and can be done on a small, inexpensive paper strip. CORONADX says the PATHAG test will be non-commercial.BioNTech Boosts Covid Vaccine Capacity (4 p.m. HK)BioNTech SE is buying a German manufacturing site with capacity to churn out 750 million vaccine doses a year, more than doubling the amount the company can produce. The purchase from Swiss pharma giant Novartis AG shows the German biotech’s confidence in the experimental vaccine it’s developing together with U.S. partner Pfizer Inc. and China’s Shanghai Fosun Pharmaceutical Group Co.The company also said it expects results of the Phase III vaccine trial at the end of October or early November.Czech Measures Loom After Daily Record (3:20 p.m. HK)A Czech government official recommended tighter social-distancing measures after the country reported a daily record of 2,139 new infections. While most cases have mild symptoms, hospitalizations will continue to rise, according to Roman Prymula, the government’s envoy for medical research.India Sets Daily Record (2:15 p.m. HK)India discovered nearly 98,000 new coronavirus infections in the last 24 hours, a new daily record that further added to what’s already the world’s second largest tally of confirmed cases. Among the new cases is Nitin Gadkari, India’s transport minister, the second top aide of Prime Minister Narendra Modi to get infected.Meanwhile, the country’s central bank governor reportedly said economic recovery will be slow and it is “battle ready” to provide support as needed.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.


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  • 26/27   House Whip James Clyburn calls Barr's slavery comment the most 'God-awful thing I've ever heard'
    TECHNOLOGY TOPIC NEWS

    Barr said Wednesday, "other than slavery," the coronavirus lockdown measures were the "greatest intrusion on civil liberties in American history."

    Barr said Wednesday, "other than slavery," the coronavirus lockdown measures were the "greatest intrusion on civil liberties in American history."


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  • 27/27   IGM, Great-West Dip Into Private Equity With Northleaf Stake
    TECHNOLOGY TOPIC NEWS

    (Bloomberg) -- IGM Financial Inc. and Great-West Lifeco Inc. agreed to buy a non-controlling stake in Northleaf Capital Partners Ltd. for C$245 million ($186 million), giving them access to private equity investments and product offerings.The purchase will be made through an acquisition vehicle 80% owned by IGM’s Mackenzie mutual-fund unit and 20% owned by Great-West, according to a statement Thursday. The firms, both of which are part of the Power Corp. of Canada group of companies, will get a 49.9% voting interest and 70% economic stake in Northleaf.The deal will give IGM clients access to private equity investments and allows Great-West to expand alternative investments for its holdings. Northleaf gets a major infusion of capital, with IGM and Great-West agreeing to invest C$700 million in Northleaf’s products in the next 18 to 24 months, in addition to the stake purchase. Toronto-based Northleaf has C$17 billion in private equity, private credit and infrastructure assets under management.Mackenzie Chief Executive Officer Barry McInerney said the 2008 financial crisis showed that private investments can hold up better than public markets in challenging times, and the plunge in stocks earlier this year added urgency to the firm’s desire offer additional products to its clients.“We identified this as an opportunity years ago and decided we’ve got try to find a way to get these types of investments into the hands of investors,” McInerney said in an interview.IGM and Great-West aren’t the first Canadian financial firms to expand beyond their core of stock and fixed-income holdings into private equity. Earlier this year, life and health insurer Sun Life Financial Inc. bought an 80% stake in London-based InfraRed Capital Partners for C$515 million and agreed to co-invest C$530 million to introduce new InfraRed products.Northleaf focuses on companies with about C$50 million to C$80 million in earnings before interest, taxes, depreciation and amortization, a segment that bigger firms such as BlackRock Inc. and KKR & Co. don’t emphasize. It’s also an area that isn’t available to smaller investors without a deal like the one struck with IGM and Great-West, said Northleaf Managing Partner Stuart Waugh.“Northleaf is going to get additional scale, additional resources, and we’re also going to get the ability to grow without losing focus on the investment-management side of what we do,” Waugh said in an interview.(Updates with CEO’s comments starting in fourth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

    (Bloomberg) -- IGM Financial Inc. and Great-West Lifeco Inc. agreed to buy a non-controlling stake in Northleaf Capital Partners Ltd. for C$245 million ($186 million), giving them access to private equity investments and product offerings.The purchase will be made through an acquisition vehicle 80% owned by IGM’s Mackenzie mutual-fund unit and 20% owned by Great-West, according to a statement Thursday. The firms, both of which are part of the Power Corp. of Canada group of companies, will get a 49.9% voting interest and 70% economic stake in Northleaf.The deal will give IGM clients access to private equity investments and allows Great-West to expand alternative investments for its holdings. Northleaf gets a major infusion of capital, with IGM and Great-West agreeing to invest C$700 million in Northleaf’s products in the next 18 to 24 months, in addition to the stake purchase. Toronto-based Northleaf has C$17 billion in private equity, private credit and infrastructure assets under management.Mackenzie Chief Executive Officer Barry McInerney said the 2008 financial crisis showed that private investments can hold up better than public markets in challenging times, and the plunge in stocks earlier this year added urgency to the firm’s desire offer additional products to its clients.“We identified this as an opportunity years ago and decided we’ve got try to find a way to get these types of investments into the hands of investors,” McInerney said in an interview.IGM and Great-West aren’t the first Canadian financial firms to expand beyond their core of stock and fixed-income holdings into private equity. Earlier this year, life and health insurer Sun Life Financial Inc. bought an 80% stake in London-based InfraRed Capital Partners for C$515 million and agreed to co-invest C$530 million to introduce new InfraRed products.Northleaf focuses on companies with about C$50 million to C$80 million in earnings before interest, taxes, depreciation and amortization, a segment that bigger firms such as BlackRock Inc. and KKR & Co. don’t emphasize. It’s also an area that isn’t available to smaller investors without a deal like the one struck with IGM and Great-West, said Northleaf Managing Partner Stuart Waugh.“Northleaf is going to get additional scale, additional resources, and we’re also going to get the ability to grow without losing focus on the investment-management side of what we do,” Waugh said in an interview.(Updates with CEO’s comments starting in fourth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.


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