Coronavirus Outbreak Live Updates
Keep up to date by checking this live blog every day for major updates related to COVID-19 and its impact on the world economy, U.S. markets and the health of the global population.
All times are in Eastern Daylight Time.
Latest Coronavirus News
NFL Team Using Plane To Fly 1.2M N95 Masks From China
No days off. Thanks to some serious teamwork, Massachusetts is set to receive over 1 million N95 masks for our front-line workers. Huge thanks to the Krafts and several dedicated partners for making this happen. pic.twitter.com/ieV6XMC5Ow— Charlie Baker (@MassGovernor) April 2, 2020
US New Jobless Claims Rise To Record 6.6M As Coronavirus Hammers Economy
New U.S. jobless claims for the week ending March 27 totaled a whopping 6.648 million versus a 3.5-million estimate, according to numbers reported Thursday by the Bureau of Labor Statistics. The initial jobless claims in the week ending March 20 reached 3.283 million.
Russia Considers Coronavirus Emergency, Launches Tracking App
Russia is considering a state of emergency declaration over the coronavirus outbreak, according to Reuters, which would allow the government to be tougher on enforcement. Reuters also reported that Putin’s government launched an app to track people who are supposed to be in quarantine.
Pennsylvania Governor Places All Of State Under Stay-At-Home Order
Florida Governor Orders Residents To Stay Home
Governor Ron DeSantis changed his mind after weeks of keeping businesses and beaches open amid a growing pandemic.
Coronavirus Task Force Coordinator: US Could Have 200K Deaths If 'We Do Things Almost Perfectly'
Macy's To Furlough Majority Of 125K Workforce
Carly Fiorina Blasts Corporate Bailout Funding In $2T Coronavirus Relief Bill
The $2-trillion coronavirus relief bill signed into law by President Donald Trump deserves credit for offering a helping hand to small businesses and individuals, former Hewlett Packard CEO Carly Fiorina said Friday on CNBC’s “Closing Bell.”
Justice Department To Review Stock Trades By Lawmakers
According to CNN, the Justice Department is looking into the timing of several stock transactions from several lawmakers, including Richard Burr and Dianne Feinstein.
Tesla To Reopen New York Gigafactory To Make Ventilators For COVID-19 Patients
Amazon Warehouse Workers Plan Monday Walkout To Protest Lack Of Coronavirus Protection
Amazon.com workers at the company’s Staten Island warehouse are planning a mass walkout on Monday to protest against what they call a lack of protection provided during the novel coronavirus pandemic.
Trump Extends Coronavirus Social Distancing Guidelines To April 30; Stock Futures Fall
U.S. stock futures opened for trading Sunday evening, pointing to a lower open on Monday morning. Shortly after the futures market’s 6 p.m. ET open, the S&P 500 was down about 1.8% and the Dow Jones Industrial Average was down 2.2%.
UK Prime Minister Boris Johnson Tests Positive For COVID-19
Over the last 24 hours I have developed mild symptoms and tested positive for coronavirus.— Boris Johnson #StayHomeSaveLives (@BorisJohnson) March 27, 2020
I am now self-isolating, but I will continue to lead the government’s response via video-conference as we fight this virus.
Together we will beat this. #StayHomeSaveLives pic.twitter.com/9Te6aFP0Ri
Trump Lashes Out At Washington, Michigan Governors
IMF, World Bank Asks Governments To Put Hold On Debt Payments From World's Poorest Nations
International Monetary Fund and World Bank have asked governments to put a hold on debt payments from the world’s poorest nations supporting their battle against COVID-19.
Ten Amazon Workers Test Positive For COVID-19
The U.S. coronavirus outbreak has spread to at least ten Amazon warehouses, infecting workers racing to deliver massive volumes of packages for consumers leery of leaving their homes to shop.
Thousands Of 15-Minute Home Tests To Be Delivered By Amazon
Thousands of 15-minute home tests for coronavirus will be delivered by Amazon to people self-isolating with symptoms or will go on sale on the high street within days, according to Public Health England (PHE), in a move that could restore many people’s lives to a semblance of pre-lockdown normality.
Prince Charles Tests Positive For COVID-19
Britain’s Prince Charles, the Prince of Wales, tested positive for the coronavirus on Wednesday. In a statement Clarence House announced Prince Charles has tested positive for novel coronavirus. Camilla, the Duchess of Cornwall, has also been tested but does not have the virus. The couple are now self-isolating. It’s reported his last public engagement was on March 12.
YouTube Will Lower Video Quality To Lessen Strain On Internet Networks
Videos on YouTube will now default to standard definition for all users worldwide, a step down from the typical high definition that users normally see. The move is aimed at easing the burden on internet infrastructure as lockdowns and other emergency policies have kept millions at home.
Thousands Of Students Stranded Across UK
Thousands of students are stranded in universities across the U.K. as a result of the coronavirus pandemic, prompting calls for support from vice-chancellors. Among them are international students from all over the world who have been unable to get flights home, and UK students who are stuck because they have no other home to go to, either because they are care leavers or are estranged from their families.
2020 Tokyo Olympics Postponed To 2021
The 2020 Tokyo Olympics will have to wait. According to USA Today, the Summer Games have become the latest major sporting event to be postponed/canceled as a result of the global COVID-19 outbreak. International Olympic Committee member Dick Pound told USA Today that the games will likely be pushed to 2021, and that a plan will be put in place on how to proceed in the next four weeks.
Airbus Announces 15B Euro Credit Facility
On Monday, Airbus announced a €15 billion credit facility to strengthen its liquidity access amid the pandemic’s impact on the global aerospace industry. To protect the future of the company, the aircraft manufacturer added that it would pull out its 2019 dividend proposal with a total cash value of almost €1.4 billion.
Surgeon General Says 'This Week, It's Going To Get Bad'
“I want America to understand — this week, it’s going to get bad,” US Surgeon General Jerome Adams told NBC’s “Today” show Monday. “We really, really need everyone to stay at home. I think that there are a lot of people who are doing the right things, but … we’re finding out a lot of people think this can’t happen to them.”
More Than 1.5B People Worldwide Asked To Stay Home
The hunt for masks, ventilators and other medical supplies consumed the U.S. and Europe, as more than 1.5 billion people — one-fifth of the world’s population — were asked or ordered to stay home on Monday to try to blunt the spread of the coronavirus. Political paralysis stalled efforts for a quick aid package from Congress, and U.S. stocks fell at the opening bell even after the Federal Reserve said it will buy as much government debt as necessary and lend to small and large businesses and local governments to help them cope with the economic damage from the outbreak.
Coronavirus Outbreak Could Cost German Economy Up To 729B Euro
According to the data from Germany’s influential Information and Forschung research, the outburst of coronavirus could cost the economy from €255 to €729 billion in the year 2020.
Primark To Close All Stores Worldwide
The parent company of Primark announced that it would be closing all of its stores across the world, which would lead to a monthly loss of around $760 million worth of net sales. It added that it would stop placing new orders with suppliers. The company estimates that it will be able to recover around 50% of total operating costs.
Norway Announces UN To Create Funding To Support Coronavirus Patients Worldwide
Norway’s foreign ministry announced on Monday that the United Nations would be creating a fund to support the treatment of coronavirus patients worldwide. The Fund will support developing countries with weak health systems and also handle the long-term consequences.
South Korea Auto Industry To Get Government Support
The South Korea auto industry, which employs almost 12% of the country’s workforce, will be supported by the government amid the outbreak of the coronavirus. It would provide logistical and financial support, speed up customs clearance, arrange freight transportation, and liquidity support.
Japanese PM Considers Postponing Summer Olympics
Japanese Prime Minister Shinzo Abe indicated for the first time on Monday that he may consider postponing the Summer Olympics 2020 from its earlier scheduled date of July 24. The announcement comes amid many countries and athletes seeking for the games to be postponed.
Canada Withdraws Athletes From Olympics, Paralympics
Canada is the first country to withdraw its athletes from the Olympic and Paralympic Games scheduled for the summer of 2020. Amid the rising coronavirus fears, unless the games are postponed, the country would not send their athletes, The Canadian Olympic Committee said.
Government Activates National Guard To Aid New York, California, Washington
The Federal government has activated the National Guard to aid the three worst-hit states in the U.S. – New York, California, and Washington, against the COVID-19 impact, President Donald Trump announced.
Morgan Stanley Estimates Record 30.1% Drop In Q2 GDP
Led by the deep impact of the coronavirus epidemic, a record 30.1% drop is expected in the U.S. gross domestic product in the second quarter, as estimated by Morgan Stanley economists.
S&P Futures Hit Limit-Down; DJIA Futures Down 5.01%
$1T Stimulus Bill Fails Procedural Vote In Senate
Democrats had objected to the bill’s provisions, with CNBC reporting that Senate Minority Leader Chuck Schumer said the legislation had “many, many problems” and benefited corporations more than hospitals, health care workers, cities and states.
Bullard: US Unemployment Could Reach 30% In Q2
The U.S. unemployment rate could reach 30% in the second quarter and the gross domestic product could fall by half, Federal Reserve Bank of St. Louis President James Bullard said in an interview published Sunday by Bloomberg.
Sen. Rand Paul Tests Positive For COVID-19
Senator Rand Paul has tested positive for COVID-19. He is feeling fine and is in quarantine. He is asymptomatic and was tested out of an abundance of caution due to his extensive travel and events. He was not aware of any direct contact with any infected person.— Senator Rand Paul (@RandPaul) March 22, 2020
FDA Issues 'Emergency Use' Authoriziation For Cepheid Test
The test will give Americans results in hours rather than days, and Cepheid is planning to roll the test out by March 30, HHS Secretary Alex Azar said in a statement.
Olympic Swimmer Jacob Pebly Calls To Suspend Olympic Swimming Trials
View this post on Instagram
Links: – Study: https://www.imperial.ac.uk/media/imperial-college/medicine/sph/ide/gida-fellowships/Imperial-College-COVID19-NPI-modelling-16-03-2020.pdf – Implications of study, per the UM Center for Infectious Disease Research and Policy: http://www.cidrap.umn.edu/news-perspective/2020/03/modeling-study-suggests-18-months-covid-19-social-distancing-much
Whole Foods Employee In NYC Tests Positive For COVID-19
Whole Foods employee was detected positive with the coronavirus and was placed under quarantine.The store located in New York City was closed early Wednesday for additional cleaning and disinfection.
Italy Has 3,405 Deaths, Passing China As Worst-Hit Nation
4 Senators Dumped Millions In Stock Weeks Before Coronavirus Pandemic Hit US
Republican senators Richard Burr, Kelly Loeffler and James Inhofe, along with democrat Dianne Feinstein, dumped stocks worth millions ahead of the financial markets plunge in the United States in February, multiple reports suggested Friday.
Senate Republicans Announce $1T Stimulus Plan
In order to support U.S. businesses, its employees and the American public, Senate Republicans on Thursday formally announced a $1 trillion economic stimulus plan.
California Issues Statewide Stay-At-Home Order
California Governor has issued a statewide stay-at-home order starting Thursday evening for its 40 million residents. Similar orders have been issued in the past few days across the San Francisco Bay area and Los Angeles. Residents are ordered to leave home only for essential activities.
Department Of Energy To Buy Up To 30M Barrels Of Oil
The U.S. Department of Energy plans to buy up to 30 million barrels of crude oil for the Strategic Petroleum Reserve (SPR) by the end of June.
Trump Orders State Labor Officials To Delay Release Of Unemployment Figures
Amid the already plunging stock markets led by the coronavirus outbreak, Donald Trump’s administration has ordered state labor officials to delay the release of the exact unemployment figures.
Teva Pharmaceuticals To Donate 6M Doses Of Hydroxychloroquine Sulfate Tablets
Teva Pharmaceutical Industries announced that it would immediately donate 6 million doses of malaria med hydroxychloroquine sulfate tablets through wholesalers to U.S. hospitals in order to support the medication for COVID-19. The company expects to ship these by the end of March, and it would ship more than 10 million tablets within a month’s time.
White House Cancels G7 In-Person Summit
As per the White House statement, President Donald Trump has annulled the in-person G7 summit amid the COVID-19 pandemic. The summit, which was scheduled for June at the David Camp, will now be conducted through a video teleconference.
US State Department Warns Americans To Avoid All International Travel
JUST IN: The US State Department is warning American citizens to avoid all international travel due to the coronavirus pandemic. The Level 4: Do Not Travel advisory is the department’s highest-level travel alert. https://t.co/JpUP9ETvFR— CNN Business (@CNNBusiness) March 19, 2020
Federal Government Preparing For Possibility Coronavirus Outbreak Could Last 18 Months
The federal government is preparing for the possibility the coronavirus pandemic could last up to 18 months or longer and “include multiple waves of illness,” a report obtained by CNN shows, as the number of the cases in the US surpassed 11,000. While the document does not say the Trump administration believes the pandemic will last that long, it indicates officials have to assume a longer timeline to ensure preparedness.
Reserve Bank Of Australia Cuts Rates To 0.25%
The Reserve Bank of Australia (RBA) has cut interest rates to a record low 0.25% after slashing the rate to 0.5% earlier this month. It also announced a money-printing program for the first time in its history to combat the coronavirus-driven recession.
New York City Has 1,871 Cases, 11 Deaths
Wuhan, China Reports No New Cases
For the first time since the coronavirus outbreak, Wuhan, China reported no new cases on Wednesday and Hubei has had no new infections for almost two weeks.
Harley-Davidson Suspends Production
Harley-Davidson Inc. said it is suspending production at its factories effective Wednesday through March 29. The move, which came in after one of its workers was infected with the coronavirus, will impact around 2,000 employees at its U.S. factories.
US, Canada Mutually Close Borders For Non-Essential Travel
We will be, by mutual consent, temporarily closing our Northern Border with Canada to non-essential traffic. Trade will not be affected. Details to follow!— Donald J. Trump (@realDonaldTrump) March 18, 2020
Reps. Mario Diaz-Balart, Ben McAdams Become First Members Of Congress To Test Positive For COVID-19
Reps. Mario Diaz-Balart and Ben McAdams have become the first members of Congress to test positive for coronavirus, a grim new indicator of the virus’ aggressive spread. “On Saturday evening, Congressman Diaz-Balart developed symptoms including a fever and headache. Just a short while ago, he was notified that he has tested positive for COVID-19,” his office said in a news release. The Florida Republican said in a statement that he is “feeling much better” but urged the public to take the virus “extremely seriously.”
Trump Signs Relief Package Bill
Trump signed a bill providing paid sick leave, free testing and other benefits. A relief package to provide sick leave, unemployment benefits, free coronavirus testing, and food and medical aid to people affected by the pandemic, was signed into law by Trump Wednesday evening after the Senate passed it by a wide margin. It was approved by the House last week.
Italy Records 475 Deaths In Single Day
Italy recorded 475 deaths due to the coronavirus in a single day, the highest since the outbreak. Italy is the world’s most affected country after China, with almost 3,000 deaths to date.
2 Test Positive At NYSE, Trading Floor To Close March 23
After two people tested positive for the coronavirus at NYSE screenings set up this week, the exchange decided that effective March 23 it will temporarily close its historic trading floor and move fully to electronic trading.
Big 3 Car Companies To Temporarily Close Factories
The Big 3 Detroit car companies have agreed to temporarily shut down factories in the U.S. to protect workers against the rapidly spreading coronavirus, according to people familiar with the matter, in an unprecedented work stoppage that will affect more than 150,000 factory employees.
White House Asks Congress For $1T Stimulus Plan
The White House is asking Congress for a $1 trillion coronavirus relief and economic stimulus plan that would include industry-specific bailouts and payments to individual taxpayers.
Vice President Pence Tells Hospitals To Delay Elective Procedures
Vice President Pence said during a White House press conference Wednesday that hospitals should move to delay elective procedures, as the nation’s medical system scrambles to deal with those sickened by the coronavirus.
Trump To Invoke Defense Production Act
President Donald Trump said during Wednesday’s White House press briefing that he will be invoking the Defense Production Act to help make up for potential medical supply shortages as the U.S. battles the coronavirus pandemic.
Cannes Film Festival Postponed
Cannes Film Festival has been postponed until October, according to a statement by Cannes organizers. The festival, originally scheduled for June 22 through 26, said it now plans to reschedule to October 26 through 30. Conference organizers said earlier that passes, sponsorship arrangements, and bookings will roll over and remain valid.
Air Transport Association Says Global Airline Industry Needs Up To $200B Bailout
According to the International Air Transport Association, the global airline industry needs government aid and bailout measures totaling between $150 billion and $200 billion in order to survive the coronavirus crisis.
Goldman Sachs Cuts GDP Growth Estimate To 1.25%
As per Goldman Sachs Research estimates, the global GDP growth forecast for 2020 was cut to 1.25%, implying a recession worse than the one seen in 1991 and 2001. Amid the coronavirus spread, disruptions to the global economy are increasing.
Australian PM Declares 'Human Biosecurity Emergency'
Australian Prime Minister Scott Morrison on Wednesday declared a “human biosecurity emergency” and said the country’s citizens should abandon all overseas travel because of the coronavirus epidemic. The formal declaration gives the government the power to close off cities or regions, impose curfews, and order people to quarantine, if deemed necessary.
Secretary Mnuchin To Ask Republicans For $850B Stimulus
U.S. Treasury Secretary Steven Mnuchin will ask Senate Republicans for an $850-billion stimulus package on Tuesday intended to tackle the economic impact of the coronavirus pandemic, The Wall Street Journal reported, citing two people familiar with the matter.
Macy's, Nordstrom, Bloomingdale's, Sacks Fifth Avenue Close All Retail Stores
Amid the rapidly spreading coronavirus outbreak, department stores Macy’s, Nordstrom, Bloomingdale’s, and Saks Fifth Avenue are closing all stores while keeping online stores open. All the stores would remain closed for two weeks unless otherwise instructed by the government or public health officials.
Japan's Exports Slip 1% In February
Finance Ministry data released on Wednesday revealed that Japan’s February exports slipped 1% year-over-year for the 15th consecutive month. This was mainly due to a decline in U.S. and China-bound shipments of cars and metal processing machinery, respectively, amid the coronavirus epidemic.
Jack Myers Report: Coronavirus Likely To Erode Up To $3B From Advertising, Marketing Budgets
According to a report by Jack Myers, the coronavirus outbreak is likely to erode as much as $3 billion from the advertising and marketing budgets in 2020. Myers, who has been tracking the ad spend market since the 1980s, has tripled his forecast from the earlier estimated $1 billion.
UEFA Delaying European Championship To 2021
European football’s governing body UEFA said that it would be delaying the European Championship until 2021, due to be played in June-July 2020.
Global Dairy Auction Prices Plunge
The global dairy auction saw prices plunging to their lowest level in more than a year as the coronavirus outbreak disturbed buying. The average price at the overnight auction fell 3.95 to $2980 a tonne, following the 1.2% fall in the previous auction two weeks ago.
World Bank Increasing Fast-Track Financing
World Bank on Tuesday said that it had increased its fast-track financing for members to combat the global coronavirus epidemic by $2 billion, taking the total amount to $14 billion.
French, US Open Push Dates By 3 Months
With the coronavirus outbreak leading to the shift of dates in French Open, the U.S. Open also followed suit, saying it’s open to the “possibility of moving the tournament to a later date.” Roland Garros pushed its dates ahead by almost three months.
Samsung Expects Higher Demand, Limited Supply In Computer Chips
At its annual shareholders’ meeting on Wednesday, South Korea tech giantSamsung Electronics Co Ltd said that it expects higher demand and limited supply for computer chips despite the coronavirus pandemic and the U.S.-China trade war damaging major markets in Europe and the U.S.
Chamber Of Commerce Shows 32% Of China Firms Face Supply Shortage
American Chamber of Commerce in South China survey shows 32% of firms in China’s southern manufacturing hub are facing a supply shortage, while 15% have already run out of some supplies driven by the widespread coronavirus.
Facebook Bug Blocks Legitimate News Websites Amid Coronavirus Confusion
Facebook suffered a massive bug in its News Feed spam filter that blocked links to legitimate websites, including Medium, Buzzfeed, and USA Today. The issue blocked shares of some but not all coronavirus-related content, while some unrelated links are allowed through, and others are not.
Volkswagen To Close Plants For 2 Weeks
Volkswagen confirmed on Tuesday that its European plants are preparing for a shutdown of at least two weeks, mainly led by supply-chain constraints amidst coronavirus outbreak.
France Says Measures Could Cost 45B Euro
France Finance Minister Bruno Le Maire said on Tuesday that thecountry’s measures to help companies and employees fight the coronavirus storm would cost €45 billion. Also, ammunition would include €300 billion of French state guarantees for bank loans to businesses.
Pfizer Signs Deal With Germany To Develop Vaccine
U.S. drugmaker Pfizer has signed a deal with Germany’s BioNTech SE to co-develop a potential vaccine for the coronavirus using BioNTech’s mRNA-based drug development platform, the companies said on Tuesday.
Amazon To Hire 100,000 Warehouse, Delivery Workers
Amazon.com announced that it would hire 100,000 warehouse and delivery workers in the U.S. in order to handle the rising online orders. Amid the coronavirus outbreak, many consumers have turned to the web to meet their needs.
Elon Musk Tells Employees They Don't Need To Come To Work
Tesla CEO Elon Musk told its employeesin an email that they don’t have to come to work if they’re sick or concerned about the coronavirus. To his knowledge, Musk said that no Tesla employees have tested positive for COVID-19.
Japan's Economy Narrows At 7.1% Annualized Rate In Oct.-Dec.
According to the Reuters Tankan survey, Japanese business confidence plunged to decade lows in March amid the coronavirus outbreak. The sentiment index at manufacturers fell to minus 20 in March from minus 5 in the previous month, while the service-sector gauge dropped 25 points to minus 10, the poll showed. A negative figure means pessimists outnumber optimists.
Philippines Becomes First Country To Halt Stock, Bond Trading
In response to the wide impact of the coronavirus epidemic, the Philippines became the first country to halt its stock, bond and currency trading effective Tuesday, until further notice. The virus has infected at least 140 people in the Philippines and killed a dozen.
New Zealand Announces $12.1B In Spending
Amid the battle to combat the coronavirus outbreak, New Zealand has announced a $12.1 billion (representing 4% of GDP) economic rescue package. A major share of $5.1 billion will be for wage subsidies for affected businesses in all sectors and regions, effective Tuesday.
US House Passes Emergency Spending Bill
As the coronavirus spreads rapidly across the U.S., The House unanimously passed a revised coronavirus emergency bill sending it to the Senate to take it up. The Senate could take up The House’s multi-billion package as early as Tuesday.
President Trump Advises Against Gatherings Of More Than 10
President Trump has advised to not hold gatherings of more than 10 individuals for the next 15 days. He also said the economy might already be in a recession and that the CDC has recommended people stop visiting bars and restaurants, but he didn’t go as far as to mandate that they shut down.
Actor Idris Elba Tests Positive For COVID-19
This morning I tested positive for Covid 19. I feel ok, I have no symptoms so far but have been isolated since I found out about my possible exposure to the virus. Stay home people and be pragmatic. I will keep you updated on how I’m doing 👊🏾👊🏾 No panic. pic.twitter.com/Lg7HVMZglZ— Idris Elba (@idriselba) March 16, 2020
Trading Halted As S&P Falls 7%, Triggers Circuit Breaker
Coronavirus Outbreak To Cost Egyptian Economy $6.4B In Q1
NBS Reports 13.5% Dip In China Industrial Outpud For Jan.-Feb.
National Bureau of Statistics (NBS) on Monday revealed a year-over-year dip of 13.5% in China industrial output for January – February, during the coronavirus outbreak. It’s the fastest pace of decline in three decades, which reflects greater damage than the global financial crisis.
Bank Of Japan Follows Fed, Adds Easing Measures
Italy Records Record 368 New Deaths In Single Day
Financial Services Forum Agrees To Halt Buybacks
Australia Reserve Bank To Buy Government Bonds
The Reserve Bank of Australia Governor Philip Lowe made a statement that “the bank stands ready to purchase Australian government bonds in the secondary market to support the smooth functioning of that market, which is a key pricing benchmark for the Australian financial system.”
Joe Biden, Bernie Sanders Hold Democratic Debate Amid Coronavirus Outbreak
In the early stages of the 2020 Democratic debate between Joe Biden and Bernie Sanders, coronavirus dominated with the White House hopefuls portraying to be better equipped to handle the crisis than President Donald Trump.
Australia Declares State Of Emergency
With 14 new cases of the coronavirus in Australia’s capital Victoria reported overnight, a state of emergency has been declared to contain the spread. Australian Capital Territory (ACT) and South Australia also declared a state of emergency as total cases in the continent stand at 300.
President Trump Has Tested Negative For Coronavirus
Nike To Close Retail Stores Across US, Canada, Europe
Lululemon To Shorten Retail Hours, Suspend Classes
President Trump Declares National Emergency
President Trump declares national emergency over coronavirus. The emergency declaration will make $50 billion available for states, Trump said from the White House Rose Garden The money can be used for a variety of needs, such as paying for tests, supplies, vaccination and extra help from medical workers, he said.
The PGA Has Canceled The Masters
Statement from Chairman Ridley:— The Masters (@TheMasters) March 13, 2020
“Considering the latest information and expert analysis, we have decided at this time to postpone @TheMasters, @anwagolf and @DriveChipPutt National Finals.”
Full details at https://t.co/FX2AN1MLsY pic.twitter.com/Z2DjS5TYdG
FDA Grants 'Emergency Use' To COVID-19 Test
The FDA has granted “emergency use” to use a new coronavirus test that could prove to be up to 10-times faster than current tests, as reported by Bloomberg.
Google Reports Employee Confirmed Positive With COVID-19
Wuhan, China Records Only 5 New Cases Friday
China’s Wuhan, the epicenter of the coronavirus outbreak, has recorded five new cases on Friday with no locally transmitted infections in the rest of the country, reported ABS-CBN News.
Federal Reserve Announces Plan To Pump $1T Into Financial System
Head Of CDC Has Committed To Cover Full Cost Of Testing, Isolation
Dr Robert Redfield, head of CDC, has committed the department to cover the full cost of testing and isolation for any and all Americans regardless of insurance.
Big 10 Cancels Remainder Of Tournament
The Big Ten Conference announced today that it will be canceling the remainder of the Big Ten Men’s Basketball Tournament, effective immediately.
The Big Ten Conference announced today that it will be canceling the remainder of the Big Ten Men’s Basketball Tournament, effective immediately.https://t.co/MeQMNScXKQ— Big Ten Conference (@bigten) March 12, 2020
CDC Coronavirus Expert Dr. Fauci, CDC Head Dr. Redfield Testify Before House
NBA Suspends Season Until Further Notice
Mark Cuban reacts moments after the NBA season was suspended. pic.twitter.com/4g8Z7yLts6— ESPN (@espn) March 12, 2020
President Trump Bans Travel From Europe For 30 Days
NCAA D1 Tournament To Be Played Without Fans
NCAA President Mark Emmert announced the move Wednesday afternoon.
The United States, among the first other countries to confirm cases.
First death reported in China
Chinese authorities treated dozens of cases of pneumonia of unknown cause.
More Coronavirus News
Mid-Afternoon Market Update: Nasdaq Falls Over 300 Points; Veritiv Shares Surge
Cleveland Beige Book: ‘The District’s economy regained momentum, reflecting declining numbers of coronavirus infections and various fiscal support measures.’
Accelerated Vaccine Timeline Will ‘Inspire Confidence’ In Travel Says Marriott CEO
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