Prognosis
U.S. Deaths Top 180,000; Abbott Jumps on Fast Test: Virus Update
An employee holds a polymerase chain reaction (PCR) swab test kit at a Covid-19 testing shipping container in Wolfsburg, Germany, on Aug. 25.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
Abbott Laboratories surged after its 15-minute test won emergency clearance in the U.S. The government will buy 150 million of the tests for $750 million, according to people familiar with the matter. The number of Americans killed by Covid-19 surpassed 180,000.
California reported virus-related hospitalizations declined to a two-month low and Governor Gavin Newsom said he’s about to present updated guidelines for reopening the economy. In contrast, Iowa closed bars and night spots for almost a month to counter an infection spike blamed mostly on young people.