Michigan Cases Surge to Worst in Nation as Variants Multiply
(Bloomberg) -- Michigan is grappling with a coronavirus spike that has made it the hottest Covid-19 spot in the U.S.
The state reported more than 8,000 infections and 30 deaths on Wednesday. It averaged 470 new cases per 100,000 residents over the past week, according to the U.S. Centers for Disease Control and Prevention -- on pace for new cases to surpass their December record any day.
Those cases are filtering through to the health-care system: 2,632 patients are hospitalized with the virus, making Michigan the most burdened in the country per capita, according to an analysis by the University of Minnesota.
The spike is alarming for policy makers who had hoped the rapidly accelerating vaccine campaign could stave off further spikes, allowing the economy to safely reopen. The prevalence of variants complicated those efforts, in particular the B.1.1.7 version first found in the U.K. and now the dominant strain in the U.S.
Michigan has administered more than 5 million doses of the vaccine, with 32% of residents inoculated with at least one dose, according to Bloomberg's Vaccine Tracker. More than 200 fully vaccinated Michigan residents were later diagnosed with Covid-19, the Detroit News reported. Three fully vaccinated patients died, the report said, citing state health officials, who are conducting further review.
©2021 Bloomberg L.P.
-
High US Salaries, No Green Card Certainty: The Financial Calculation Facing Indian H-1B Families
The suspension of PERM processing at eight technology employers does not cancel existing H-1B visas. What it does is force a question many Indian families have been avoiding: is the US salary worth tying your career and family plans to one employer?
-
Swiggy vs Eternal: Food Delivery's Two Rivals Are No Longer In The Same Race
Eternal is building a private AI assistant, dark.ai. Swiggy is still working out how to make Instamart pay, with an operating loss of Rs 895 crore in the July-September quarter while Blinkit stayed profitable.
-
Where You Live Shapes How You Get To Work | The Reason Why
Two-wheelers are the most popular way to get to work in India, accounting for nearly 43% of workplace commutes.
-
Unhedged Position: Can India See An Indonesia-Style Time Correction?
The Nifty is trading below levels it first clocked in 2024. Is there, then, as I have suggested in the headline, potential that the current time correction drags on painfully for the next three-five, even ten years?
-
Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.
-
India Exports Capital. Why Not Export Trusteeship?
The big question, then, is whether India can build an institution that global borrowers, investors, banks, and lawyers can trust, even without an Indian connection.
-
France's Economy & Politics Are In Crisis | The Reason Why
Let's look at how the French economy and politics evolved under Nicolas Sarkozy, Franois Hollande and Emmanuel Macron.
-
You May Inherit The Business. You Must Earn Its Credibility.
Succession tests the founder's ability to share authority as much as it tests the next generation's readiness to assume it.
-
Signing Deals Is One Thing; Making Them Work Is Another | The Week In Whys
Sometimes, things don't turn out as planned. Indian companies have lost some bids to rivals, some projects won't produce until 2030.
-
FOMC Wall, PERM Suspension, Hospital Stocks | Talking Points This Week
A PERM suspension would directly affect green-card sponsorship rather than H-1B visas, so the near-term earnings impact could remain relatively limited. The key question is whether this marks a new phase in US scrutiny of Indian IT.