UK - London

Hoping to Understand the Virus, Everyone Is Parsing a Mountain of Data

 

CHICAGO — The latest count of new coronavirus cases was jarring: Some 1,500 virus cases were identified three consecutive days last week in Illinois, and fears of a resurgence in the state even led the mayor of Chicago to shut down bars all over town on Friday.

But at the same moment, there were other, hopeful data points that seemed to tell a different story entirely. Deaths from the virus statewide are one-tenth what they were at their peak in May. And the positivity rate of new coronavirus tests in Illinois is about half that of neighboring states.

“There are so many numbers flying around,” said Dr. Allison Arwady, the commissioner of the Chicago health department. “It’s hard for people to know what’s the most important thing to follow.”...

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Remittances: They Crossed Oceans to Lift Their Families Out of Poverty. Now, They Need Help.

...Around the globe, the pandemic has jeopardized a vital artery of finance supporting hundreds of millions of families — so-called remittances sent home from wealthy countries by migrant workers. As the coronavirus has sent economies into lockdown, sowing joblessness, people accustomed to taking care of relatives at home have lost their paychecks, forcing some to depend on those who have depended on them.

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Corporate Insiders Pocket $1 Billion in Rush for Coronavirus Vaccine

On June 26, a small South San Francisco company called Vaxart made a surprise announcement: A coronavirus vaccine it was working on had been selected by the U.S. government to be part of Operation Warp Speed, the flagship federal initiative to quickly develop drugs to combat Covid-19.

Vaxart’s shares soared. Company insiders, who weeks earlier had received stock options worth a few million dollars, saw the value of those awards increase sixfold. And a hedge fund that partly controlled the company walked away with more than $200 million in instant profits.

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