Coronavirus live updates: Walmart deploys leave policy, first NJ death, NY establishes containment zone

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. 

  • Global cases: More than 116,335, according to data compiled by Johns Hopkins University.
  • Global deaths: At least 4,090, according to data compiled by Johns Hopkins University.
  • U.S. cases: At least 761, according to data compiled by Johns Hopkins University.
  • U.S. deaths: At least 27, according to data compiled by Johns Hopkins University.

CDC Director Robert Redfield told Congress that underinvestment in public health labs has hampered the government’s response to the coronavirus outbreaks. “There’s not enough equipment, there’s not enough people, there’s not enough internal capacity, there’s no search capacity,” he said. — Hirsch, Dzhanova

New Hampshire health officials announced a fifth positive case of COVID-19 — a man from Rockingham County who was infected by a person in Massachusetts. The patient and close family members are currently at home in self-isolation, the New Hampshire Department of Health and Human Services said in a statement. Health officials said they conducted an investigation and are notifying any individuals who may have been in close contact with the man while infectious. — Lovelace

Walmart said it is deploying an emergency employee leave program as the retailer confirms one of its store associates in Cynthiana, Kentucky, has tested positive for the coronavirus. The new policy allows employees to stay home if he or she is unable to work or feels “uncomfortable” at work, by waiving Walmart’s attendance policy through the end of April. It also allows employees to receive two weeks of pay in certain scenarios. —Reagan

President Donald Trump’s promise of a stimulus plan to battle the impact of the coronavirus needs to be presented within days, or the U.S. economy could slump into recession and the stock market could face more sell-offs, according to Wall Street veterans.

Strategists said swift action is necessary after the president said Monday the White House would meet with Senate leaders Tuesday and have an announcement later in the day. Markets continue to look for details, but CNBC’s Eamon Javers reported that so far there’s no ready plan. —Domm

Source: https://www.cnbc.com/2020/03/10/coronavirus-latest-updates-us-markets-set-to-pop-as-trump-eyes-stimulus.html

You may like

In the news
Load More