This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks.Â
All times below are in Eastern time.
- Global cases: At least 101,587, according to data compiled by Johns Hopkins University.
- Global deaths: At leastÂ 3,460,Â according toÂ data compiled by Johns Hopkins University.
- US cases: At least 245, according to data compiled by Johns Hopkins University.
- US deaths: At least 14, according to the CDC and state health officials.
Houston Rockets owner Tilman Fertitta and Florida Panthers owner Vincent Viola both told CNBC that they do not want their teams to play games without fans in attendance.Â
“I don’t think you ever want to play games in front of no audiences,” Fertitta said, adding he would instead prefer to suspend play for a week. “But you don’t want to play games with no fans.”
Viola said he did not foresee the NHL putting the season on a temporary delay, but he stressed the league and its leadership would not compromise the safety of its fans. âYoung,Â Stankiewicz
McDonald’s has canceled its in-person biennial convention for worldwide franchisees due to the coronavirus outbreak. The four-day event, scheduled for April, was supposed to take place in Orlando, Florida.
CFO Kevin Ozan told analysts on the earnings call in January that the convention typically costs between $25 million to $30 million. It is unclear how much McDonald’s might save by canceling the in-person convention. âLucas
Vice President Mike Pence on Friday saidÂ 21 people on the Grand Princess cruise ship off California tested positive for coronavirus.Â There are more than 3,500 people aboard the ship.
Of the 21 positive tests, 19 are crew members and two are passengers, Pence said, adding that the ship will be brought to a non-commercial port and every person tested. “Those who need to be quarantined will be quarantined,” Pence said. âFeuer
Tilman Fertitta, chairman and CEO of Landry’s, said urban areas and popular tourist locations were particularly affectedÂ by the sales drop, and the decline is likely linked to business conferences being canceled across the country.Â Fertitta’s restaurant brands includeÂ Bubba Gump Shrimp Co. andÂ Morton’s The Steakhouse.
Fertitta said the coronavirus presents business managers with a challenge but said revenue declines of about 8% to 12% are manageable.Â “You don’t want to go 20% off. When you get to 20% off in a same-store sales, no matter what business you’re in, that’s when you start getting into trouble,” Fertitta said. âStankiewicz