Business

A man in a surgical mask walks through Manhattan’s Broadway Theatre district after Broadway shows announced they will cancel performances due to the coronavirus outbreak in Manhattan, New York City, New York, U.S., March 12, 2020. Andrew Kelly | REUTERS This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All

European markets opened higher Tuesday with the fast-spreading coronavirus putting the continent in shutdown mode and fueling fears of an impending recession. The pan-European Stoxx 600 climbed 2.7% at the start of trading, autos adding 5% to lead gains as all sectors except travel and leisure entered positive territory. Europe’s lockdown over the coronavirus continues

Workers work at a vehicle chair manufacture factory in Lintong District of Xi’an, northwest China’s Shaanxi Province, Feb. 26, 2020. Xinhua | Liu Xiao | Getty Images This is a live blog. Please check back for updates. Global cases: At least 168,019, according to the latest figures from the World Health Organization Global deaths: At

Britain’s Prime Minister Boris Johnson leaves Downing Street on his way to Buckingham Palace after the general election in London, Britain, December 13, 2019. Thomas Mukoya | Reuters 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

Britain’s Prime Minister Boris Johnson visits a laboratory at the Public Health England National Infection Service in Colindale on March 1, 2020 in London, England. WPA Pool The U.K. government is facing growing calls from the public and scientific community to take more drastic measures to combat the new coronavirus, as the rest of Europe

An operator of Amiat (Multiservice Environmental Hygiene Company Turin) wears a respiratory mask prior to sanitizing streets in Via po, Turin in Italy. Nicolò Campo | LightRocket | Getty Images This is a live blog. Please check back for updates. Global cases: At least 153,648, according to the latest figures from the World Health Organization

As U.S. grocery stores try to keep shelves stocked during the coronavirus outbreak, some major chains have begun to limit purchases of food items and ramp up hiring. Texas grocery chain H-E-B is limiting purchases of at least a dozen popular food items, including eggs, milk, bread and boxed pasta. Limits vary by item. Eggs, pasta and

South Korean soldiers wearing protective gear, spray antiseptic solution against the coronavirus in Guryong slum on March 3, 2020 in Seoul, South Korea. Chung Sung-Jun | Getty Images This is a live blog. Please check back for updates. Global cases: More than 142,649, according to the latest data from the World Health Organization Global deaths:

A customer pays for her groceries after shopping at a Walmart store ahead of the Thanksgiving holiday in Chicago. Kamil Krzaczynski | Reuters Walmart is reducing hours at all of its U.S. stores to allow more time to replenish shelves and clean and sanitize stores, the retailer announced Saturday in a letter on its website. The national retailer

Britain’s Prime Minister Boris Johnson (R) welcomes US President Donald Trump (L) to the NATO summit at the Grove hotel in Watford, northeast of London on December 4, 2019. Peter Nicholls | AFP | Getty Images The Trump administration is planning to extend its sweeping restrictions on travelers from Europe to the U.S. and the

Workers wearing protective gear spray disinfectant to help prevent the spread of the COVID-19 coronavirus, at a subway station in Seoul on March 13, 2020. – UNG YEON-JE/AFP via Getty Images) Jung Yeon-Je | AFP | Getty Images This is a live blog. Please check back for updates. Global cases: At least 136,895, according to

Brian Cornell, the Chairman and CEO of Target Corporation, reaches out and shakes hands with U.S. President Donald Trump after the president declared the coronavirus pandemic a national emergency during a news conference in the Rose Garden of the White House in Washington, U.S., March 13, 2020. Jonathan Ernst | Reuters President Donald Trump and

U.S. President Donald Trump talks to journalists while hosting Prime Minister of Ireland Leo Varadkar in the Oval Office at the White House March 12, 2020 in Washington, DC. Chip Somodevilla | Getty Images President Donald Trump said he will hold a press conference at 3 p.m. ET Friday to discuss the coronavirus pandemic. The

Volunteers from the Italian Red Cross purchase medicines for those who cannot leave their homes in Castiglione della Pescaia, while Italy is fighting a coronavirus outbreak in Castiglione della Pescaia, Italy March 12, 2020. Jennifer Lorenzini | REUTERS This is a live blog. Please check back for updates. Global cases: At least 125,288, according to

Toshi Sasaki | Getty Images As the coronavirus pandemic paralyzes the country, some companies need billions of dollars to pay the bills. The country’s largest investment banks say they’re ready and willing to give it to them. That means the biggest corporate pain won’t be felt from a short-term squeeze. It will likely come later. 

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 127,749, according to data compiled by Johns Hopkins University. Global deaths: At least 4,717, according to data compiled by Johns

European markets plunged Thursday morning as investors reacted to President Donald Trump’s decision to impose restrictions on travel to the U.S. from some countries in Europe. The pan-European Stoxx 600 dropped 5.5% in early trade, with travel and leisure stocks plummeting 9.3% following Trump’s announcement of a ban on European travel. Trump said Wednesday that

People walk through a sparse international departure terminal at John F. Kennedy Airport as concern over the coronavirus grows on March 7, 2020 in New York City. Spencer Platt | Getty Images The U.S. travel and tourism industry could lose at least $24 billion in foreign spending this year because of the rapidly spreading coronavirus,

Harvey Weinstein enters a Manhattan court house as a jury continues with deliberations in his trial on February 24, 2020 in New York City. prison. Spencer Platt | Getty Images Film producer Harvey Weinstein was sentenced Wednesday to 23 years in prison for a rape and sex assault case that ignited the #MeToo movement in

On Friday evening, 45-year-old Ferigo Foscari left the Milan office of the international law firm where he is a partner, and commuted to his family home in Venice, as he has done almost every week for the last four years. He recently began driving the 170 miles between the two cities, after deciding that train