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
- Global cases: More than 169,387, according to Johns Hopkins University.
- Global deaths: At least 6,513,Â according toÂ Johns Hopkins University.
- US cases: At least 3,813, according to Johns Hopkins University.
- US deaths: At least 69, according to Johns Hopkins University.
U.S. airlines are seeking government assistance of more than $50 billion, including a mix of direct aid and loan guarantees, as the industry reels from the coronavirus outbreak, a lobbying group that represents 10 U.S. passenger and cargo airlines said Monday.
The aid, if received, would be the industry’s first broad bailout since the wake of the Sept. 11, 2001 attacks. It is also the clearest sign yet of the financial damage coronavirus and the draconian measures governments are taking to stop it are having on U.S. businesses.Â âLeslie Josephs
As fewer moviegoers venture out of their homes, more theaters cap the number of people allowed per showing and others shutter altogether, the box office is trending down 10.7% compared to 2019, to $1.78 billion. Michael Pachter, an analyst at Wedbush, foresees the full-year box office falling 12.4% from 2019 to around $9.9 billion. That would be the lowest take domestically since 2008.
“We expect 2020 box office to end significantly lower than the last two years, as theaters are closed or unattended, and most releases are moved to an already robust 2021 film slate,” Pachter wrote in a note to investors. “The current downturn is likely to persist well into the June quarter, but if the industry survives, we think there is potential for a significant rebound in 2021.”
Already, films like “Mulan,” “F9,” “Peter Rabbit 2: The Runaway,” “A Quiet Place Part II,” “No Time to Die,” and others have been pushed from their release dates as the number of cases of COVID-19 continue to grow.Â âSara Whitten
The World Health Organization is considering “airborne precautions” for medical staff after a new study showed the coronavirus can survive in the air in some settings.
The virus is transmitted through droplets, or little bits of liquid, mostly through sneezing or coughing, Dr. MariaÂ VanÂ Kerkhove, head of WHO’s emerging diseases and zoonosis unit, told reporters during a virtual press conference on Monday.
“When you do an aerosol-generating procedure like in a medical care facility, you have the possibility to what we call aerosolize these particles, which means they can stay in the air a little bit longer.” âBerkeley Lovelace, Will Feuer, Noah Higgins-Dunn
U.K. Prime Minister Boris Johnson told the country on Monday to avoid all non-essential contact, after coming under fire for not doing more to stem the spread of the coronavirus in the country.Â
“Now is the time for everyone to stop non-essential contact with others and to stop all unnecessary travel,” Johnson said at a press conference.Â “And you should avoid pubs, clubs, theatres and other such social venues.”Â âKatrina Bishop