Wall Street Journal 08_04_2020

(Barry) #1

A2| Wednesday, April 8, 2020 ** THE WALL STREET JOURNAL.


THE WALL STREET JOURNAL
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The S&P 500 index de-
clined almost 27% from Feb.
20 to the close of trading on
April 1. A Page One article on
April 2 about companies sus-
pending 401(k) matching con-
tributions incorrectly said it
fell about 22%.

The median “optimistic”
forecast for third-quarter
growth in nonfarm payrolls
was 15,000 in a Wall Street
Journal survey of 34 econo-

mists taken March 18-19. A
graphic accompanying a
March 23 Coronavirus Pan-
demic article about U.S. eco-
nomic prospects incorrectly
showedalossof15,000.

Newell BrandsInc. contin-
ues to work withGreensill
Capital. A Business & Finance
article Monday about supply-
chain finance quoted a Newell
Brands spokeswoman who
stated incorrectly that the

company no longer works with
Greensill.

The S&P 500 indexat mid-
day March 20 was down more
than 27% from its February
high. A graphic with a March
23 Business & Finance article
about global markets incor-
rectly said the S&P 500 was
down 25%. Also, a footnote
that said data for 2020 were
through midday March 20 ap-
plied only to the chart titled

“S&P 500’s decline from peak
to trough around previous
economic downturns.” The
footnote contained an asterisk,
but the chart didn’t.

The first nameof Pascal
Lamy, a former EU trade com-
missioner and former head of
the World Trade Organization,
was omitted in a Coronavirus
Pandemic article Monday
about programs in the Euro-
pean Union.

Readers can alert The Wall Street Journal to any errors in news articles by [email protected] by calling 888-410-2667.

CORRECTIONSAMPLIFICATIONS


U.S. WATCH


WHITE HOUSE

Grisham Leaves Job
Of Press Secretary

President Trump will add a
trio of new public-relations
hands to the West Wing, the
latest personnel changes inside
the White House as the admin-
istration grapples with the coro-
navirus outbreak.
Kayleigh McEnany will be-
come the president’s fourth
press secretary in his 38
months in office, according to
people briefed on the decisions.
Alyssa Farah was set to join the
White House as a senior ad-
viser on communications, effec-
tively becoming the seventh
communications director of Mr.
Trump’s tenure. Ben Williamson
will also join the White House
as senior communications ad-
viser.
The trio will be the White
House’s senior leadership team
for media relations, the people
said. The changes are expected
to take effect within the next
two weeks, the people said.
Stephanie Grisham, press
secretary and communications
director since July, stepped
down to rejoin first lady Mela-
nia Trump’s office as chief of
staff and communications direc-
tor, Mrs. Trump said Tuesday.
Ms. Grisham never held a
press briefing during her tenure
as press secretary. She didn’t
respond to a request for com-
ment.
Ms. McEnany joins the White
House from Mr. Trump’s re-elec-
tion campaign, where she held a
similar title. She is expected to
restart regular news briefings
once the coronavirus outbreak
passes and the need for daily
updates from Mr. Trump and
the virus task force subsides,
said one person familiar with
the plans.
—Michael C. Bender

TENNESSEE

Three Fatally Stabbed,
Suspect Is Shot Dead

A man fatally stabbed three
employees and wounded a cus-
tomer at a Tennessee rest stop
and travel center Tuesday
morning before a deputy shot
and killed him, authorities said.
The Knox County Sheriff’s
Office responded to a call
around 7 a.m. at a Pilot Travel
Center off Interstate 40 to find
a person with stab wounds out-
side the store and a man armed
with a knife in the parking lot,
the Tennessee Bureau of Inves-
tigation said.
Witnesses identified the man
as the suspect and he refused
deputies’ demands to drop the
weapon, the bureau said.
At some point during the en-
counter, a deputy fired, striking
and killing the suspect, the bu-
reau said.
Three of the stabbing victims
were pronounced dead at the
scene and the fourth was taken
to a hospital for treatment.
Knox County Sheriff Tom
Spangler said the deputy who
fired the shot wasn’t hurt.
—Associated Press

CHICAGO

R. Kelly’s Bid to Get
Out of Jail Rejected

A federal judge in New York
denied R&B singer R. Kelly’s re-
quest that he be released from
jail in Chicago because he was
concerned he could contract the
new coronavirus behind bars.
“The defendant is currently
in custody because of the risks
that he will flee or attempt to
obstruct, threaten or intimidate
prospective witnesses,” U.S. Dis-
trict Judge Ann Donnelly of
Brooklyn wrote in her denial.
“The defendant has not ex-
plained how those risks have
changed.”
Mr. Kelly, 53 years old, has
been in custody in the Metro-
politan Correctional Center in
downtown Chicago since he
was indicted on federal child
pornography, obstruction of jus-
tice and racketeering charges.
He has denied ever abusing
anyone and has pleaded not
guilty to all the charges against
him.
Three staff members at the
federal lockup in Chicago have
tested positive for the virus,
but no inmates have been re-
ported with infections.
—Associated Press

VIRGINIA

Governor Delays
Some New Initiatives

Gov. Ralph Northam plans to
delay some long-sought Demo-
cratic priorities until more is
known about the pandemic’s af-
fect on the economy, pushing
back decisions on whether to
give teachers and state workers
raises, freeze in-state college tu-
ition and implement other new
spending in a budget recently
passed by lawmakers.
Clark Mercer, the governor’s
chief of staff, said Tuesday that
too little is known about the im-
pact of the coronavirus outbreak
on state revenue to move ahead
now with billions of dollars in
new spending, much of which
would carry over into future
years.
“We’ve got to wait for the
fog to lift to make budget deci-
sions informed by facts and
data,” Mr. Mercer said.
—Associated Press

UTAH

Bryce Canyon Park
Is Latest to Shut

Bryce Canyon National Park
in southern Utah became the
latest park to close its gates to
prevent the spread of the coro-
navirus.
The flow of visitors to the
park noted for its spire-shaped
red rock formations known as
hoodoos made it difficult to
maintain proper social distanc-
ing, park superintendent Linda
Mazzu said.
Capitol Reef National Park re-
mains the last of Utah’s five na-
tional parks to stay open, but its
scenic drive and campgrounds
are closed.
—Associated Press

it without testing,” New York
Gov. Andrew Cuomo, a Demo-
crat, tweeted Tuesday.
Texas Lt. Gov. Dan Patrick
said he is forming a task force
on how to reopen the economy
and Maryland Gov. Larry Ho-
gan has created a response
team to discuss measures that
must be in place for opening
the state back up. Both officials
are Republicans.
Some governors talked
Tuesday with Scott Gottlieb,
the former head of the Food
and Drug Administration,
about ways to work together
or launch their own surveil-
lance plans that would trace
the disease should it resurface
and spread. One idea is to gal-
vanize Congress to pass legis-
lation setting up a U.S. surveil-
lance system for the virus.
Dr. Gottlieb, who ran the
FDA from 2017 to 2019, released
a report on the “roadmap to re-
opening” Tuesday with Mark
McClellan, who ran the FDA un-
der President George W. Bush.
“I’m worried we don’t have
the systems in place to care-
fully reopen the economy,” Dr.
Gottlieb said in an interview.
“You need to be able to iden-
tify people who are sick and
have the tools to enforce their
isolation and [tracing of people
they contact]. You have to have
it at a scale we’ve never done
before. We need leadership.”
Tensions are simmering in
some states about how and
when to reopen. Republican
lawmakers in Pennsylvania
have proposed legislation to
scale back Democratic Gov.
Tom Wolf’s business closure
order from mid-March and
create an emergency plan to
allow businesses to reopen.
“Our governor is being
overly aggressive on this, I
feel,” said Matt Stuckey, presi-
dent of Stuckey Automotive,
which owns three dealerships
in Altoona, Pa.
Democrats said the Republi-
can proposal in the state
would threaten public health.
Many states and counties
lack resources to set up their

“It’s in the hands of the pri-
vate sector.”
About one out of every 300
people in the country is now
being tested, based on federal
data, compared with about
one out of every 100 people in
Germany.
Testing is hampered by de-
lays and shortages that limit
who can get tested. It is un-
likely that the problems will
be resolved by the end of
April, according to one person
familiar with the planning.
Some health experts said
any reopening scenario is likely
to work like an accordion. Any
easing on social-distance proto-
cols would be followed by a
tightening in areas where the
virus resurfaces. A vaccine is
still at least 12 to 18 months
away, and even that timetable
is considered optimistic.
Federal Reserve officials
have cautioned that state and
local efforts to lift restrictions
could be ineffective for the
economy if they haven’t been
paired with muscular mea-
sures to beef up testing for in-
fections and to provide treat-
ments for those infected.
Most of the hardest-hit sec-
tors—restaurants, hospitality,
travel—require that workers
and customers “not feel like
they’re taking their health at
risk,” said Boston Fed President
Eric Rosengren in an interview
last week. “How effective are
we at getting people tested so
that you feel comfortable hold-
ing the subway pole?”
Some business executives
are starting to look beyond the
crisis to reopening. Movie-the-
ater executives are talking to
officials at the CDC about
when they might reopen audi-
toriums, said John Fithian,
chief executive of the National
Association of Theatre Own-
ers. The theater chains hope
to open around Memorial Day.
—Kris Maher, Sarah
Nassauer, Doug Cameron,
Betsy McKay, Nick Timiraos,
Erich Schwartzel
and Kate Linebaugh
contributed to this article.

to normal.”
Dr. Fauci said a first condi-
tion is a steep drop in the
number of cases. “You’ve got
to make sure you are abso-
lutely going in the right direc-
tion.” Then, he said, “You grad-
ually come back. You don’t
jump into it with both feet.”
The federal government has
yet to put in place the kind of
nationwide testing, tracing
and surveillance system that
public-health experts have
said is needed to prevent an-
other surge in coronavirus
cases when social distancing
eases. That includes identify-
ing people who are asymptom-
atic and can also spread coro-
navirus, health experts said.
Mr. Trump, a Republican,
said Saturday that he is con-
sidering a second coronavirus
task force focused on reopen-
ing the country.
The federal government has
yet to release a detailed recov-
ery strategy, so state and local
leaders are scrambling to cre-
ate their own approaches. As a
result, the recovery could un-
fold in the same patchwork
fashion as the shutdown.
San Miguel County in Colo-
rado, using a test from United
Biomedical, has plans to check
all its residents for immunity.
Massachusetts Gov. Charlie
Baker, a Republican, spoke pub-
licly last week about a coronavi-
rus tracking initiative that will
involve 1,000 people working at
a virtual call center to trace
people infected with the virus.
New York, the state with by
far the most virus cases, is
looking to join with New Jer-
sey and Connecticut on a uni-
fied reopening approach. “We
cannot restart life as we knew

ContinuedfromPageOne

Restarting


Economy


Poses Risks


U.S. NEWS


court’s majority said.
“That settled rule allows
the state to restrict, for exam-
ple, one’s right to peaceably
assemble, to publicly worship,
to travel, and even to leave
one’s home. The right to abor-
tion is no exception,” Judge
Stuart Kyle Duncan, a Trump
appointee, wrote for the court.
Joining him in the majority
was Judge Jennifer Elrod, a
George W. Bush appointee.
The ruling relied upon a
rarely used judicial power to
side with Texas, but the court
said its approach was justified
because a judge in Austin
reached a “patently errone-
ous” result in blocking the
state from applying its corona-

virus restrictions to abortion.
The decision was the first
to give the green light to state
abortion restrictions during
the pandemic. Several other
recent decisions from around
the country temporarily
blocked such measures.
In dissent, Judge James
Dennis, a Clinton appointee,
said the court exposed women
“to the risks of continuing an
unwanted pregnancy, as well
as the risks of traveling to
other states in search of time-
sensitive medical care.”
If currently scheduled abor-
tions are delayed, “many
women will miss the small
window of opportunity they
have to access a legal abor-

tion,” Judge Dennis wrote.
The fast-moving litigation
is shaping up as the leading
test case of whether states can
use a national health emer-
gency to place sweeping re-
strictions on abortion, despite
constitutional protections for
abortion rights previously es-
tablished by the Supreme
Court.
Abortion providers who
sued Texas have two remain-
ing options: They could ask the
appeals court to reconsider the
issue with more judges partici-
pating, or they could seek
emergency intervention from
the Supreme Court.
“We’ll use every tool at our
disposal to fight this harmful

order and protect our patients’
health care,” said Alexis McGill
Johnson, acting president and
chief executive of Planned Par-
enthood Federation of America.
Texas issued a ban on non-
essential medical procedures
in late March. State Attorney
General Ken Paxton, a Republi-
can, warned that the ban ap-
plied to abortion, except
where terminating a preg-
nancy was necessary to pre-
serve the life or health of the
mother. The state said its re-
strictions apply to both surgi-
cal abortions and ones per-
formed by taking medication.
A growing number of con-
servative-led states are at-
tempting similar restrictions,

citing public health and the
need to preserve scarce pro-
tective medical equipment for
the treatment of coronavirus
patients.
Texas’ approach “ensures
that hospital beds remain
available for coronavirus pa-
tients and personal protective
equipment reaches the hard-
working medical professionals
who need it the most during
this crisis,” Mr. Paxton said af-
ter Tuesday’s ruling.
The Fifth Circuit’s ruling
Tuesday split from a decision
Monday by a different U.S. ap-
peals court, which declined for
now to let the state of Ohio
impose restrictions on certain
abortions.

A federal appeals court al-
lowed Texas to suspend most
abortions in the state during
the coronavirus public-health
crisis, a move that could
quickly send the issue to the
Supreme Court.
The U.S. Court of Appeals
for the Fifth Circuit, in a 2-to-
ruling Tuesday, lifted a trial
judge’s restraining order that
prevented the state from curb-
ing abortions on the grounds it
would save medical resources.
In times of great emer-
gency, states can reasonably
restrict constitutional rights
to protect public safety, the

BYBRENTKENDALL
ANDELIZABETHFINDELL

Court Lets Texas Restrict Abortions During the Crisis


State and local leaders are deciding on closure and stay-at-home orders on a patchwork basis. Closed stores in Palm Beach, Fla.

SAUL MARTINEZ/BLOOMBERG NEWS


own systems for identifying
infected residents and people
who may have been exposed.
It is unclear what role the
federal government will take in
running or coordinating a mon-
itoring system once the worst
effects of the crisis have eased.
It is only now starting to grap-
ple with some of these issues.
The administration began
collecting key testing and epi-
demiological data from hospi-
tals in late March. In the com-
ing weeks the federal Centers

for Disease Control and Pre-
vention plans to deploy tools
known as serology tests to
find people who have immu-
nity to the disease, including
among those who didn’t have
symptoms, to better assess its
presence in the population.
Dr. Fauci suggested the fed-
eral government itself won’t
take the lead on testing.
“It isn’t up to the task force
or necessarily the federal gov-
ernment to flood the country
with testing,” Dr. Fauci said.

50

49

45

29

27

15

5

Statewide school closures

Stay-at-home orders

Business closures

Mask policies, recommendations

Travel restrictions

State, local curfews

All

Number of states that have
implemented:

Source: National Governors Association

Without nationwide
testing, a second
surge in coronavirus
cases could come.
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