The city of 11 million people has been on virtual lockdown for weeks as China seeks to stem the spread of the deadly virus. The death toll jumped overnight by 46 to 259 people, while the number of confirmed cases in China soared to 11,791. Around two dozen other countries have reported another 137 cases, Reuters reported.
“When [Bloomberg] was building the company, he was a little bit like Elon Musk in that he might be bold or boisterous or arrogant in some ways about what he said about he products, he was always telling people it was the best. But he generally delivered, and he continually improved his product for the last 30 years,” said Douglas B. Taylor, managing director of data research and consulting firm Burton-Taylor International Consulting and who spent years working for Bloomberg’s primary competitor, Reuters. “It looks the same, but it actually does more, and it has evolved with the markets and its needs.”