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Pandemic inequality

Bloomberg Equality
Bloomberg

Diseases don't care about nationality, but the new coronavirus is hitting residents of some countries harder than others. Its spread will highlight disparities between the rich and the poor, between governments equipped to fight an outbreak and those caught unprepared.

China, where the virus began, says it has 59,804 cases, reporting a 45% jump Feb. 13 because of a change in diagnostics. The nation is forecast to reach 500,000 infections. The death toll is 1,367 so far.

Japan, by contrast, has diagnosed about 250 cases, a majority aboard the Diamond Princess cruise liner idling in Yokohama harbor. The country has rushed to hospitalize anyone infected, and no one being treated for the pathogen there has died. Japan did record its first fatality on Feb. 13, though: A woman in her 80s died while being treated for a separate condition. After her death, she tested positive for the virus. As the disease spreads, the rest of the world is being tested, too. —Philip Gray

Did you see this? 

The U.S. presidential field, with this week's exit of Andrew Yang and Deval Patrick, is now all white. But race remains a topic, including controversy over "stop and frisk" policing in New York City during the mayoralty of Democratic candidate Michael Bloomberg (the founder and majority owner of Bloomberg LP, the parent company of Bloomberg News).

Women are still in the running: The New Hampshire presidential primary on Tuesday, won by Senator Bernie Sanders, proved bruising for the leading female candidate, Senator Elizabeth Warren, but uplifting for Senator Amy Klobuchar.

Money manager Ken Fisher's reputation took a hit last fall when he was called out for sexist jokes. But his business is doing just fine.

Now that many venture capital firms have one female partner, there's a new competition afoot: How many will manage to have two? A look at last year's top-earning hedge fund managers shows financiers' lack of diversity.

The best-picture Oscar for the South Korean film "Parasite," the first for a foreign-language film, is great news for the tiny hedge fund that invested in it. The film-focused fund had already returned 72% since July 2018.

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The American way of funding schools has long perpetuated inequality. Maryland is investing billions of dollars to disrupt that, reports Bloomberg Businessweek.

Finding the perfect job

Considering a career change? A recent study could remove some of the guesswork. It turns out that people who do the same job tend to have the same mix of the "Big Five" personality traits: agreeableness, conscientiousness, extroversion, neuroticism and openness. "Skills and experience are important, but we know from employers that the most important attributes for long-term success and engagement are personality traits and other soft skills," said one researcher. So rather than looking for another way to use your skills, it's worth considering which job types are filled with people like you.

 

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