Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.The U.S. securities regulator wants companies to get descriptive. On Wednesday, Securities and Exchange Commission Chairman Jay Clayton sent a memo advising that “earnings statements and calls will not be routine” in a time of Covid-19.
Slice the numbers differently and the true horror emerges. State data implies 30 black Louisianans have died per 100,000 of the Census-reported population, compared with seven white patients. Simplistically, a black Louisianan is four times more likely to die of Covid-19. In Illinois, the number rises to 6.3 times. In Michigan, a staggering 7.5 times.
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