FDA clears a ‘new generation’ of Covid antibody test designed to tell how well someone is protected against the virus

A medical worker wearing personal protective equipment (PPE) inserts a Covid-19 test tube into a box at a drive-thru testing site at the Alemany Farmers Market in San Francisco, California, U.S., on Thursday, Nov. 19, 2020. David Paul Morris | Bloomberg | Getty Images The FDA on Wednesday authorized one of the first Covid-19 tests … Read more

The U.S. government needs to get involved in the A.I. race against China, Nasdaq executive says

A U.S. and a Chinese flag wave outside a commercial building in Beijing. Teh Eng Koon | AFP | Getty Images The U.S. needs to take a “strategic approach” as it competes with China on artificial intelligence, according to a Nasdaq executive. AI is an area that is going to only develop in partnership with … Read more

ECB warns bank profits will ‘remain weak’ throughout next year

A Eurosystem monetary authority sign stands outside the European Central Bank headquarters. Bloomberg | Bloomberg | Getty Images LONDON — European banks will not see profits return to pre-pandemic levels before 2022, the region’s central bank warned Wednesday in its latest financial stability review.  Lenders in the euro zone have struggled to make sizeable profits … Read more

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