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 183,000, according to Johns Hopkins University.
- Global deaths: At least 7,167,Â according to Johns Hopkins University.
- U.S. cases: At least 4,661, according to Johns Hopkins University.
- U.S. deaths: At least 85, according to Johns Hopkins University.
Lyft joined Uber in suspending shared rides across all of its markets because of the coronavirus. “The health and safety of the Lyft community is our top priority, and we’re dedicated to doing what we can to slow the spread of COVID-19,” the company said in a statement on Twitter. “We will continue to monitor the situation closely and base our actions on official guidance.” Uber suspended pooled rides in the U.S., Canada, London and Paris. âHannah Miller
The United Auto Workers union has asked the Big Three Detroit automakers to shut down production for two weeks to safeguard its members from the coronavirus outbreak.Â
In a letter to union members, UAW President Rory Gamble saidÂ Ford,Â General MotorsÂ and Fiat Chrysler haven’t been willing to implement the request.Â A task force meeting is scheduled for later today.Â âNoah Higgins-Dunn, Christina Cheddar-Berk
Not until a global pandemic landed in the U.S., forcing theÂ widespread closureÂ of businesses across cities and states, did the concept of universal basic income move from the labs of northern California into the mainstream.
Policymakers are rapidly discovering that, with income poised to completely dry up for workers at restaurants, bars, movie theaters and hotels, millions of non-salaried Americans living paycheck to paycheck could soon be unable to afford food, rent and utility bills. Putting cash in their pockets may be the most efficient way to ease the burden.Â âAri Levy
On Sunday, the Goldman Sachs-backedÂ Apple CardÂ emailed its customers to offer support as more and more consumers are bracing for the negative economic impact of the coronavirus outbreak.
Beginning immediately, cardmembers can contact Apple Card Support and request to enroll in Apple’s Customer Assistance Program.Â Upon enrollment, you will be able to skip your March credit card payment without incurring interest charges.Â
“We’re here to help,” says Apple in its email to customers.Â âMegan DeMatteo