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 179,000, according to Johns Hopkins University.
- Global deaths: At least 7,057,Â according toÂ Johns Hopkins University.
- US cases: At least 4,138, according to Johns Hopkins University.
- US deaths: At least 71, according to Johns Hopkins University.
Members of the task force created to address the deadly coronavirus outbreak are holding a press briefing at the White House as authorities take drastic measures to slow the spread of the disease. You can watch the White House update live here.Â âSara Salinas
Officials in San Francisco, California, and France have each ordered residents to stay home in an effort to slow the spread of COVID-19.Â
San Francisco Mayor London Breed said, “Effective at midnight, San Francisco will require people to stay home except for essential needs.Â Necessary government functions & essential stores will remain open.”Â Breed is expected to announce a “shelter-in-place” order for the next three weeks at a press conference later Monday, the San Francisco Chronicle reported.
French President Emmanuel Macron issued nearly identical directives, saying French residents’ movements would be severely limited for 15 days. Macron also said he would be closing the country’s borders starting Tuesday afternoon.Â âSara Salinas, Dawn Kopecki
ComcastÂ is breaking with theatrical tradition amid the escalation of the coronavirus pandemic.
The company will begin to release new films online while they were still in theaters. The upcoming “Trolls World Tour” will be the first movie to open simultaneously online and in theaters for the company. Other films that are currently in theaters will be available for rental as soon as Friday.Â âSarah Whitten
Disclosure: Comcast is the parent company of CNBC and NBCUniversal.
The Trump administration is grappling with which industries to bail out as thousands of businesses in the U.S. grind to halt amid severe measures to curb the spread of the deadly coronavirus.
The U.S. could lose 8.2 million international visitors this year. That’s more than the country lost in the two years following 9/11. That’s lost revenue not only for airlines and hotels, but also for restaurants, retailers and airports. In some states, malls, gyms and movie theaters are shuttering and officials are telling restaurants to offer only take-out options.
“I don’t see how we get through this without wide-scale systemic solutions,” said one top tier-investor. “We’re going to have to rewrite the rules to get to the other side.”Â âLauren Hirsch, Leslie Josephs