Some good news: More than 80,000 people have recovered from COVID-19, the disease caused by the new coronavirus.
The number of COVID-19 cases in the U.S. continues to rise as more testing options become available, with each state reporting at least one case of the novel coronavirus and 18 of them reporting deaths.
Access and availability of testing in the U.S. have become some of the most pressing concerns for Americans. Some hospitals have implemented drive-through testing sites, while the Trump administration has promoted a site built by Verily, Alphabet Inc.’s GOOGL, -6.42% life sciences arm, that aims to provide information about COVID-19 testing locations.
In other outbreaks in Western Europe, Spain has 13,910 cases and 623 deaths; Germany has 10,082 cases and 26 deaths; and France has 7,696 cases and 148 deaths. Iran, another nation of concern, now has 17,361 cases and 1,135 deaths. Worldwide, there are a total of 204,255 cases and 8,243 deaths. • Nio Inc. NIO, -23.10% reported a wider-than-expected fourth-quarter loss but revenue fell less than forecast. The Shanghai-based electric car maker and Tesla Inc. TSLA, -17.34% rival said total revenue fell 17% to RMB2.85 billion, just above the FactSet consensus of RMB2.83 billion. “We started 2020 in a challenging environment due to the COVID-19 outbreak,” said CEO William Bin Li.
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