The Nipah virus has been confirmed as the culprit in a cluster of patients in the Indian state of Kerala, killing at least 10 people and leaving 2 others critically ill. A relatively rare virus harbored in fruit bats and pigs, Nipah has a fatality rate above 70% and has no cure.
Why it matters: A person infected in Kerala today could be in New Delhi or Frankfurt or Washington tomorrow. The 2014–15 West Africa Ebola outbreak highlighted just how threatening a runaway epidemic can become.
Not-for-profit hospitals are paying bankers, lawyers and other financial advisers hundreds of millions of dollars every year to help them with a relatively routine task: issuing debt.
Why it matters: Collecting debt fees from hospitals is a steady source of money for Wall Street interests like Goldman Sachs and Wells Fargo. But those costs could encourage hospitals to chase revenue through higher prices.