Coronavirus live updates: Workday to give employees cash bonuses, Germany seals off its borders

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 169,387, according to Johns Hopkins University.
  • Global deaths: At least 6,513, according to Johns Hopkins University.
  • US cases: At least 3,774, according to Johns Hopkins University.
  • US deaths: At least 69, according to Johns Hopkins University.

CNBC’s Bob Pisani reports that while entering the New York Stock Exchange Monday morning a medical team was at the entrance. An attendant took his temperature and he was asked to fill out a one-page questionnaire on whether he was feeling ill or had traveled out of the country. —John Melloy

Workday will pay its lower-level employees the equivalent of two-weeks pay as a cash bonus to help support them during the fallout from the COVID-19 pandemic.

The move, which excludes executives at the vice president level and above in addition to “certain senior individual contributors,” is expected to add about $80 million to Workday’s first quarter and full-year 2021 expenses compared to initial guidance, the company said in a financial filing. Workday, which provides human resources software, reported 12,200 total employees as of the end of January and said it also employs contractors. Workday plans to pay the bonus in its first fiscal quarter ending April 30. —Lauren Feiner

Uber is giving away free meals to health workers and first responders who are helping combat the coronavirus pandemic, Nelson Chai, the company’s chief financial officer, told CNBC on Monday.

“We’re going to deliver over 300,000 meals for health officials and first responders who are on the front line,” Chai said in a “Squawk Box” interview. “We’re doing what we can.”

The company’s Uber Eats segment is also waiving delivery fees for small businesses in some of its markets. —Jessica Bursztynsky

Germany is the latest European country to seal off its borders in an effort to contain the coronavirus outbreak, as the number of deaths in Europe jumped overnight.

As of Monday morning, Germany had shut its borders with Austria, Switzerland, France, Luxembourg, and Denmark. Only German citizens, those who reside in the country and work in a neighboring nation and vice-versa, and physical goods, can cross the German border. Though Berlin is not the first European capital to impose border restrictions, the move marked a U-turn in Chancellor Angela Merkel’s policy.

“It’s a crisis situation,” Friedrich Heinemann, head of public finance at the German-based think tank ZEW, told CNBC about the German decision. —Silvia Amaro

Source: https://www.cnbc.com/2020/03/16/coronavirus-live-updates-us-retail-closures-could-explode-irans-deaths-surge.html

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