News for September 30 — Women’s careers; Chinese vaccine advances

WSJ: Pandemic sets back women’s careers: https://www.wsj.com/articles/how-the-coronavirus-crisis-threatens-to-set-back-womens-careers-11601438460 . There is incredible divergence between WSJ’s reporting and its editorial board.

WSJ: Pandemic is a heavy burden for black women’s careers: https://www.wsj.com/articles/for-black-working-women-covid-19-has-been-a-heavy-burden-11601434755 .

WSJ: Making employment work for women: Sheryl Sandberg: https://www.wsj.com/articles/sheryl-sandberg-companies-and-women-are-at-a-crossroads-11601434004 . WSJ: More on women’s careers: https://www.wsj.com/articles/as-women-fight-to-maintain-progress-companies-need-to-reimagine-how-they-operate-11601434152 .

WSJ: Another Chinese vaccine advances: https://www.wsj.com/articles/china-greenlights-another-covid-19-vaccine-for-human-testing-11601445463 .

WSJ: New Jersey COVID-19 veterans’ home deaths misattributed: https://www.wsj.com/articles/new-jersey-veterans-homes-likely-failed-to-acknowledge-covid-19-as-cause-in-dozens-of-deaths-officials-say-11601516185 .

WSJ: Hospitals lack real-time bed availability data: https://www.wsj.com/articles/hospitals-covid-surge-data-11601478409 . It’s hard to believe we can’t quickly overcome this problem. Another article in the WSJ COVID Storm series.

WSJ: Hospital cyberattacks: https://www.wsj.com/articles/mounting-ransomware-attacks-morph-into-a-deadly-concern-11601483945 . The links in the article refer to articles reported here over the past week.

WSJ: US round-up: https://www.wsj.com/articles/coronavirus-latest-news-09-30-2020-11601455233 .

WSJ: NYC increases COVID-19 enforcement: https://www.wsj.com/articles/new-york-city-boosts-covid-19-enforcement-but-some-areas-still-see-surge-11601495918 .

WSJ: NYC hospital looks at its website traffic to predict second wave: https://www.wsj.com/articles/new-york-hospital-chain-finds-coronavirus-surge-clues-in-web-traffic-11601474277 . The web traffic they’ve identified apparently surged two weeks before admissions did. But it seems dubious that there’s a predictive relationship here for any second wave.

WSJ: Insurers roll back telemedicine coverage: https://www.wsj.com/articles/as-covid-19-cases-rise-insurers-reduce-coverage-for-virtual-doctors-visits-11601494901 . This feels unfair given the pandemic’s limitation of in-person health appointments.

WSJ: DOJ indicts 300 on telemedicine fraud: https://www.wsj.com/articles/justice-department-charges-hundreds-with-medical-fraud-11601502219 .

WSJ: Relief aid package delayed again: https://www.wsj.com/articles/mnuchin-to-discuss-coronavirus-aid-counteroffer-with-pelosi-11601474043 .

WSJ: Airlines move forward with 32,000 job cuts: https://www.wsj.com/articles/thousands-of-airline-jobs-hang-in-the-balance-as-lawmakers-debate-aid-11601480824 .

WSJ: CDC extends cruise ban to October 31: https://www.wsj.com/articles/cdc-expected-to-extend-cruising-ban-to-oct-31-11601491858 . White House intervened to shorten ban.

$800 million settlement in Las Vegas mass shooting: https://apnews.com/article/lawsuits-shootings-las-vegas-mass-shooting-nevada-las-vegas-cd07b4640a5a8e6d32ccbccd1aae2e65 .

WSJ: FASB delays insurer accounting rules: https://www.wsj.com/articles/fasb-further-delays-accounting-rule-on-insurance-contracts-11601500326 .

WSJ: Airlines using questionable disinfectants: https://www.wsj.com/articles/to-battle-covid-airlines-bet-on-disinfectants-that-come-with-questions-11601474460 . Any soap will dissolve the virus. It does not need to be a disinfectant.

WSJ: Can colleges save the semester?: https://www.wsj.com/articles/colleges-use-targeted-lockdowns-online-classes-to-preserve-fall-semester-11601458202 .

Stillwater school district sued over remote learning: https://apnews.com/article/virus-outbreak-lawsuits-education-oklahoma-stillwater-1abba64bd524c906721b2f1d3080b79f .

WSJ: Learning to make remote work: https://www.wsj.com/articles/it-chiefs-address-growing-set-of-collaboration-problems-tied-to-remote-work-11601456400 .

WSJ: Fed concerns over asset bubbles: https://www.wsj.com/articles/feds-new-strategy-confronts-old-questions-on-financial-trade-offs-11601458200 . What if we’re already in an asset bubble?

WSJ: Prolonged pandemic has created lending risk: https://www.wsj.com/articles/fedsrosengrenworries-about-risks-to-lending-from-prolonged-virus-threat-11601460671 .

WSJ: Fed acts to conserve capital at largest US banks: https://www.wsj.com/articles/fed-caps-big-banks-dividends-halts-share-buybacks-in-fourth-quarter-11601497050 . There’s a theme in these last three articles. Connect the dots.

WSJ: Post-pandemic demographic and debt risks: https://www.wsj.com/articles/demographics-and-debt-hang-over-long-term-u-s-growth-11601467381 . The central issue is rational legal immigration policy, which we’ve failed to intelligently discuss for at least 20 years. The only path to appropriate policy is post-Trump, whether in one month or 49.

WSJ: Break up Big Tech?: https://www.wsj.com/articles/house-democrats-poised-to-trim-big-techs-sails-11601458200 . Too little attention has been paid to this sequence: (A) Tech stock A is valued at a growth premium; (B) A uses this premium valuation to acquire other emerging, competitive technologies; (C) Tech stock A now dominates its niche. Many companies which are now Big Tech have followed this pattern with little government intervention. In other words, antitrust law has not kept up with the developments of the last 40 years.

WSJ: Can Google acquire FitBit?: https://www.wsj.com/articles/google-makes-concessions-in-effort-to-buy-fitbit-11601480052 . This looks like an attempt to counter the Apple Watch.

WSJ: Ventilator antitrust probe: https://www.wsj.com/articles/justice-department-opens-ventilator-antitrust-probe-focused-on-medtronic-11601497943 .

WSJ: Landlords three steps behind reality: https://www.wsj.com/articles/store-landlords-face-a-battle-for-a-cut-of-online-sales-11601461973 . Do these people understand Amazon’s business model? This just gives companies with a powerful online presence more reason to own their physical locations.

WSJ: A media company that’s succeeding: https://www.wsj.com/articles/digital-news-startup-axios-weathers-covid-with-sponsored-newsletters-11601463601 .

WSJ: NYC subway alternatives: https://www.wsj.com/articles/new-york-city-companies-lure-subway-wary-workers-with-travel-stipends-11601467201 .

WSJ: Job cuts at Shell: https://www.wsj.com/articles/shell-to-cut-up-to-9-000-jobs-11601457301 .

WSJ: Job cuts at Allstate: https://www.wsj.com/articles/allstate-to-lay-off-3-800-employees-11601500258 .

WSJ: China’s economy rebounds: https://www.wsj.com/articles/chinas-economic-rebound-picks-up-pace-11601445162 . First, control the virus, then re-open (repeat ad nauseum).

WSJ: China’s acquisitions in Europe: https://www.wsj.com/articles/behind-chinas-decade-of-european-deals-state-investors-evade-notice-11601458202 . A very important strategic development, this has been given inadequate attention.

WSJ: Congressional view of the China threat: https://www.wsj.com/articles/house-committee-says-u-s-spy-agencies-are-failing-china-challenge-11601478089 .

The future of currency: https://www.bbc.com/news/business-54261382 . The dollar’s reign is temporary. The length of “temporary” is a matter of debate.

WSJ: Currency currently: https://www.wsj.com/articles/currency-gyrations-spark-fresh-bets-from-investors-11601463602 .

WSJ: More on Don yuan: https://www.wsj.com/articles/chinas-yuan-is-riding-high-as-economy-recovers-foreign-investors-pump-in-money-11601285402 . This pun is the rare triple-entendre.

Just in case you were wondering if there’s ever a solid legal basis for the flurry of White House related litigation: https://www.courthousenews.com/panel-rejects-trump-bid-for-stay-of-order-blocking-census-memo/ .

WSJ: The Florida voter suppression fight: https://www.wsj.com/articles/in-2020-election-florida-felon-voting-limits-could-sway-state-outcome-11601467381 . Florida has extraordinarily high fees; this is a poll tax, 2020 style.

WSJ: The American Presidential embarrassment, Part 1: https://www.wsj.com/articles/in-first-debate-trump-and-biden-to-compete-for-few-persuadable-voters-11601387621 . WSJ: The Commission on Presidential Debates fights back: https://www.wsj.com/articles/trumps-answer-on-white-supremacists-reverberates-after-debate-11601482196 . WSJ: The remaining schedule: https://www.wsj.com/articles/presidential-debates-2020-biden-trump-11601048201 .

Another potential election headache: House involvement: https://www.politico.com/news/2020/09/27/pelosi-mobilizes-democrats-house-decision-on-presidency-422359 . Please, no!

WSJ: Offer to Judge Barrett came quickly: https://www.wsj.com/articles/amy-coney-barrett-says-trump-quickly-offered-her-supreme-court-nomination-11601489569 . This confirms the reporting/speculation here over the past 9 days. The article also provides a more in-depth look at Coney Barrett’s jurisprudence.

Social media is killing society: https://www.theguardian.com/commentisfree/2020/sep/27/social-dilemma-media-facebook-twitter-society . Yet another “the medium is the message” thought piece.

Super-enzyme devours plastic: https://www.theguardian.com/environment/2020/sep/28/new-super-enzyme-eats-plastic-bottles-six-times-faster . Burp!

Compact fusion: https://www.popularmechanics.com/science/energy/a34224299/nuclear-fusion-compact-reactor-sparc-timeline/ . Yes, nerdy stuff – but if this works, coal burning may be finished. The safety issues around fusion are much different than those around fission.