Billions of dollars are at stake. Japan has pumped at least $12 billion of investment into the 2020 Tokyo Olympic games, not to mention the losses that would be incurred by sponsors, broadcasters and others.
Facebook has introduced new paid-time off programs that will allow employees to take up to a month away from work to care for sick relatives in light of the coronavirus outbreak.
Kudlow, Trump's top economic advisor, told CNBC on Feb. 25 that the Trump administration has kept the U.S. "pretty close to airtight" from the coronavirus.
"No doubt, ideally we would have broader testing, but at the moment, capacities are limited," Roche CEO Severin Schwan said on CNBC's "Squawk Box." "I think this is still a couple of weeks, if not months, out, and the reason is very simple."
Oil prices are on track for their worst month on record as the coronavirus outbreak weighs on demand, just as OPEC+ producers get ready to ramp up production.
The rapid and international dissemination of the warnings shows how false or misleading information can end up in legitimate channels, NBC News reported.
European countries are under growing pressure to take an unprecedented move and issue a new kind of debt to tackle the economic impact of the coronavirus.