Coronavirus updates: Trump meets with Wall Street execs, March Madness closed to fans

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All times below are in Eastern daylight time.

  • Global cases: More than 124,000, according to data compiled by Johns Hopkins University.
  • Global deaths: At least 4,589, according to data compiled by Johns Hopkins University.
  • US cases: At least 1,110, according to data compiled by Johns Hopkins University.
  • US deaths: At least 32, according to data compiled by Johns Hopkins University.

The U.S. travel and tourism industry could lose at least $24 billion in foreign spending this year because of the rapidly spreading coronavirus, according to data produced by Tourism Economics and first seen by CNBC.

That would be equivalent to about seven times more than the industry lost during the SARS outbreak in 2003, according to the data.

Tourism Economics, which tracks all travel spending – including on hotels, restaurants, theme parks and attractions – based its projections on the assumption that the coronavirus would be contained in six months. Foreigners typically spend around $256 billion on U.S. travel and tourism a year. –Hirsch

Italian soccer giants Juventus said defenseman Daniele Rugani tested positive for coronavirus COVID-19 and is asymptomatic, the club confirmed in a statement Wednesday.

The club said it is “activating all the isolation procedures required by law, including the census of those who have had contact with him.”

On Monday, Italian Prime Minister Giuseppe Conte announced the stoppage of sporting events across Italy, including play in Serie A, the league in which Juventus competes. The Italian Olympic Committee called for all sporting events to be canceled until April 3. –Eudaily

Joe Biden’s presidential campaign has announced that it has formed a new advisory committee to counsel the campaign on the risks posed by the new coronavirus, just hours after the World Health Organization declared the outbreak to be a pandemic. 

The Public Health Advisory Committee will provide “science-based, expert advice regarding steps the campaign should take to minimize health risks for the candidate, staff, and supporters,” the campaign said in a statement. 

“The campaign’s top priority is and will continue to be the health and safety of the public,” the statement said. “Members of the committee will provide ongoing counsel to the campaign, which will in turn continue to update the public regarding operational decisions.” –Higgins

Late-night TV shows filmed in New York will now be tapped without a live audience as the coronavirus pandemic spreads. On Wednesday, CBS “Late Show With Stephen Colbert,” NBCs “Tonight Show Starring Jimmy Fallon” and “Late Night With Seth Meyers,” Comedy Central’s “The Daily Show with Trevor Noah” and TBS’ “Full Frontal with Samantha Bee” all said they would tape their broadcasts without audience members.

The shows said that their staff is safe and there are no concerns about contamination in their studios and theaters, but producers worried that performing with live crowds would not be a smart choice as the number of confirmed coronavirus cases in New York City is rising. – Whitten

Source: https://www.cnbc.com/2020/03/11/coronavirus-latest-updates.html

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