"Now that the virus has a foothold in so many countries, the threat of a pandemic has become very real," WHO Director-General Dr. Tedros Adhanom Ghebreyesus told reporters on a conference call Monday.
The fear of coronavirus and its impact on global supply chains has led to significant spikes in sales of sanitation products — including hand sanitizer. In a press conference Monday, New York Governor Andrew Cuomo announced that New York State has 142 confirmed cases of coronavirus and the state has developed its own line of hand sanitizer that is 75% alcohol and is producing 100,000 gallons per week.
The Centers for Disease Control and Prevention said Monday that it now has the testing capacity in 78 state and local public health labs across 50 states to test for the coronavirus.
Trump's and Pence's words of assurance to donors come as the president is facing political backlash for what his critics describe as a sluggish coronavirus response from the federal government.
Bitcoin, the biggest cryptocurrency by value, fell 10% in 24 hours with other big digital coins ethereum, XRP and bitcoin cash, posting double-digit losses.
The Consumer Brands Association – which represents brands including Colgate-Palmolive, Coca-Cola, General Mills and Clorox – wrote a letter to Attorney General William Barr on Monday urging him to take action on sellers taking advantage of the coronavirus outbreak.
Wedbush Securities' analyst Dan Ives said in a note on Monday that investors should focus on "tech winners for the next 5-10 years" like Apple, which he expects will ship more than a record 231 million iPhones in FY21.
Scientists estimate that over half the world's sea turtles and nearly every seabird have ingested plastic. More than 8 million tons of plastic are dumped into the oceans every year.