Coronavirus live updates: California monitoring domestic flight passengers, Facebook cancels conference

This is a live blog. Please check back for updates.

All times below are in Eastern time.

  • Total confirmed cases: More than 82,500
  • Total deaths: At least 2,810

California Gov. Gavin Newsom said the state is currently monitoring 8,400 people for COVID-19, a day after health officials confirmed the first community transmission of the coronavirus in a Solano County resident. —Lovelace

Air-travel demand had been growing at twice the pace of the global economy, but that bright spot is now at risk. U.S. airlines and other travel stocks have tumbled more than the broader market in this week’s rout. The NYSE Arca Airline Index, which tracks 16 carriers in North America, Latin America and budget carrier Ryanair, has dropped more than 15% this week as of Wednesday’s close, putting it on pace for its biggest weekly percentage loss since March 2009 — during the last recession. —Josephs

Facebook announced its decision to cancel its annual F8 software developer conference due to concerns surrounding the COVID-19 coronavirus outbreak. “This was a tough call to make — F8 is an incredibly important event for Facebook and it’s one of our favorite ways to celebrate all of you from around the world — but we need to prioritize the health and safety of our developer partners, employees and everyone who helps put F8 on,” Facebook Director of Platform Partnerships Konstantinos Papamiltiadis said in a blog post. —Rodriguez

House Speaker Nancy Pelosi called the stock market sell-off “disturbing” Thursday as she criticized the Trump administration’s response to the global coronavirus outbreak and outlined conditions for an emergency funding proposal. The California Democrat also pushed back on President Donald Trump’s suggestion — during a Wednesday evening White House briefing on the health crisis — that the stock plunge was at least in part the fault of Democratic presidential candidates. “Lives are at stake,” she said. “This is not a time for name-calling or playing politics.” —Breuninger

Source: https://www.cnbc.com/2020/02/27/coronavirus-latest-updates-outbreak.html

You may like

In the news
Load More