First discovered in Wuhan China, COVID-19, better known as the coronavirus, has become worldwide news in the wake of its outbreak.
As of this writing, over 15,000 people have had deaths attributed to the coronavirus, the overwhelming majority of which have been in mainland China. The World Health Organization (WHO) and the Centers for Disease Control and Prevention (CDC) have each cautioned countries worldwide to prepare for a potential pandemic after outbreaks in countries like Iran and Italy, and the continuing news is having major effects on world economies and markets.
As more news comes in, people await the latest updates on the situation.
Here are TheStreet's latest updates on the spread of the coronavirus and its impacts and a timeline of recent events. The topmost updates are the most recent.
Carnival Cruise Ship With 4 Coronavirus Deaths Heading to Florida
Van Gogh Painting Stolen From Museum Shuttered for Coronavirus
A Dutch museum that is currently closed to help prevent coronavirus spread said that a Van Gogh painting that had been there on loan for an exhibition was stolen overnight.
Yum! Brands Giving $1,000 Bonuses to Restaurant General Managers
Yum! Brands YUM announced that their CEO would be forgoing his 2020 salary to help fund $1,000 bonuses for the company's restaurant general managers, as well as an employee relief fund.
Regeneron and Sanofi Say They've Treated First Person Outside U.S. in Drug Trial
Regeneron (REGN) - Get Report and Sanofi (SNY) - Get Report have said that they treated the first patient outside the U.S. in a coronavirus drug trial of a drug designed to treat patients hospitalized with Covid-19.
Instacart Workers Pledge to Strike Monday Amid Coronavirus Pandemic
Instacart workers have pledged to strike beginning Monday, saying the grocery store shopping and delivery service has not done enough to protect them from the coronavirus pandemic.
Microsoft Cloud Service Surging in Areas With Shelter-In-Place
Israel's Netanyahu to Self-Quarantine After Aid Tests Positive
Israel Prime Minister Benjamin Netanyahu is going into self-quarantine for one week after one of his close aids tested positive for Covid-19.
Johnson & Johnson Identifies Lead Vaccine Candidate, Commits to 1 Billion Doses
Wyndham to Cut Jobs, CEO Forgoing Pay
Wyndham Hotels & Resorts (WH) - Get Report has said that as a result of economic fallout from the coronavirus, it would be cutting jobs and having its CEO forgo their base salary among other cost-cutting measures.
Cigna and Humana Waiving Coronavirus Copay Costs
FDA Approves Abbott Labs 'Five Minute' Coronavirus Test
Jefferies Group CFO Dies of Coronavirus Complications
U.S. Far Surpasses Other Nations in Known Covid-19 Cases, Warned of Massive Toll
As the number of confirmed U.S. coronavirus cases far surpasses other countries, Dr. Anthony Fauci warns that the country could be looking at 200,000 deaths.
Knicks Owner Tests Positive for Coronavirus
New York Knicks Owner Jim Dolan is one of the latest public figures to test positive for the coronavirus.
CDC Issues Travel Advisory for New York and New Jersey, No Quarantine
Mar. 28: The CDC issued a "strong travel advisory" for New York, New Jersey and Connecticut, urging residents to "refrain from non-essential domestic travel for 14 days effective immediately."
L Brands Suspends Dividend, Furloughs Workers
U.S. Tops 100,000 Coronavirus Cases
As the number of confirmed coronavirus cases in the U.S. grows rapidly, the country has surpassed 100,000 Covid-19 cases.
Four Passengers Die on Carnival's Holland America Ship in Coronavirus Outbreak
Carnival Corp. subsidiary Holland America said Friday that four passengers on its Zaandam cruise ship died and two people on board tested positive for the coronavirus.
Google Offers Ad Credits to SMBs as Part of Coronavirus Relief Package
Mobile Operators May Lose $25 Billion Revenue in Roaming Charges
Mobile-network operators could lose $25 billion in revenue this year as a coronavirus-based decrease in travel has cut roaming charges.
Kroger Hiring Another 20,000 Workers
Kroger, the number 1 U.S. grocer, will be hiring another 20,000 workers due to an increase in demand after already hiring 23,500 workers recently.
Apple Introducing Coronavirus App and Website
President Trump Says General Motors Reneged on Ventilator Promise
MGM Resorts: Coronavirus Causing 'Substantial Losses' for March
WW International Upgraded on Post-Coronavirus Strength
Oil Prices Tumble As Coronavirus Hammers Global Demand
Global oil prices fell for the fifth straight week as the coronavirus pandemic factors into the loss of demand.
Bank of Canada Lowers Benchmark Interest Rate
Bank of Canada attempted to fight the economic impact of the coronavirus pandemic by lowering its benchmark interest rate another 50 basis points to near zero.
U.S. Steel to Idle Plants Amid Coronavirus Downturn
ViacomCBS Pulls Guidance as Coronavirus Slams Content
U.K. Prime Minister Tests Positive for Coronavirus
United Kingdom Prime Minister Boris Johnson has tested positive for the coronavirus and will be self-isolating for the next seven days.
Novartis CEO Cautions on Efficacy of Anti-Malaria Drugs for Coronavirus
Novartis (NVS) - Get Report CEO Vas Narashimhan cautioned that they did not yet know whether two of the company's anti-malaria drugs would be effective against the coronavirus, despite President Trump touting them as such.
Facebook Sees Important Test in Coronavirus
Hilton Halts Dividend, Cuts Staff
U.S. Passes China in Coronavirus Count
Mar. 26: The United States now has a larger number of confirmed coronavirus cases than those reported in China.
KB Home Eases Land Acquisition Due to Coronavirus
Lululemon Declines to Provide Outlook Due to Coronavirus
NYSE Trader Peter Tuchman Tests Positive for Coronavirus
Wall Street trader Peter Tuchman announced on Twitter that he had tested positive for the coronavirus.
Henry Schein Says Rapid Coronavirus Test Available
What to Know about Coronavirus and Travel
TheStreet explains how the coronavirus impacts travel and why the CDC strongly advises against doing any during the pandemic.
What to Know About Coronavirus and Unemployment
With the coronavirus pandemic causing millions to lose their jobs, TheStreet talks you through unemployment and health care options.
Morgan Stanley CEO Promises No Layoffs in 2020
Gig Workers Get Lift From Senate Aid Bill
The Senate's $2 trillion coronavirus aid bill helps gig economy workers, like Uber and Lyft drivers, collect unemployment checks for the first time.
NFL Reportedly Considering Virtual Draft Broadcast
The NFL is reportedly seeking virtual solutions for how to virtually do the NFL Draft this year, which had been scheduled for April 23.
What Is an Essential Business?
TheStreet explains what qualifies as an essential business, a phrase heard more and more during the pandemic.
Slack Usage and Paid Customer Base Rise During Pandemic
Ford Planning to Resume Output at Several North American Plants
Alphabet Price Target Cut Over Pandemic's Impact on Ads
SunTrust analyst Youssef Squali cut Alphabet's price target to $1,350, citing the coronavirus pandemic's impact on ads.
Caterpillar Withdraws 2020 Earnings Estimate, Suspends Some Operations
Tailored Brands Extends Store Closures, Furloughs Staff
Tailored Brands (TLRD) - Get Report has said that it is extending the closure of its retail stores until at least May 4, cutting pay for upper-level managers and board members and furloughing workers.
Weekly Jobless Claims Soar Amid Pandemic
As the coronavirus pandemic halts the economy, more than 3 million Americans have filed for unemployment.
Ford Bonds Cut to Junk as Pandemic Slams Auto Industry
Bonds that were issued by Ford have been cut to junk status by S&P Global Ratings as the coronavirus pandemic continues to slam the global auto industry.
Powell Says Fed Has No Limits Support for Coronavirus-Stricken Economy
Federal Reserve Chairman Jerome Powell said that there are no limits on the amount of money they can use to help support the economy.
Salesforce CEO Marc Benioff Pledges No Layoffs For Next Three Months
McDonald's Removing Some Items From U.S Menu During Outbreak
Pelosi Says House Will Quickly Consider Coronavirus Bill
Mar. 25: House Speaker Nancy Pelosi said on Wednesday that her chamber will consider the Senate's $2 trillion coronavirus relief bill as soon as they could once the Senate passes the measure.
Walmart Waiving April Rent for Businesses That Operate in Its Stores
How is the Coronavirus Impacting Small Businesses?
TheStreet explains how the growing coronavirus pandemic is impacting small businesses throughout the U.S.
Hilton and Marriott Rising on News of Stimulus Bill
Delta Cuts Inflight Services to Lessen Physical Touch
Canada Goose and Gap Making Medical Gear
Canada Goose (GOOS) - Get Report and Gap (GPS) - Get Report are two of the latest companies to announce that they will be using their factories to make medical gear for healthcare workers to help them fight the coronavirus pandemic.
CVS's Aetna Reduces Hospital Costs for Coronavirus Patients
Peloton Shares Outperform on Coronavirus-Based Exercising From Home
Royal Caribbean Extending Fleet Suspension Through May 11
McDonald's Says It Can't Predict Scope of Coronavirus Impact on Operations
McDonald's said in a filing with the SEC that while it is not possible to predict the scope that the coronavirus outbreak will have on its operations, it could be 'material.'
Waffle House Shuts Down Hundreds of Restaurants
Waffle House posted on Facebook that it is closing 365 of its restaurants as a result of the coronavirus. 1,627 locations remain open.
Dick's Sporting Goods Suspends Share Buybacks, Mulling Dividend Cut
Google Extending Contracts of Some Temporary Staff by 60 Days
According to a media report, Google is extending the contracts of some temporary staffers whose contracts were set to end between mid-March and mid-May by 60 days amid the coronavirus pandemic.
Apple Looking to Reopen Retail Stores as Soon as April
Apple is considering reopening some of its retail stores (on a staggered basis) as soon as April following their two-week closures.
Target Posts Same-Store Sales Surge
Prince Charles Tests Positive for Coronavirus
Prince Charles, the Prince of Wales, has tested positive for the coronavirus. He and his wife Camilla are self-isolating at their home.
Occidental CEO Salary Slashed During Coronavirus Plunge in Oil Price
Coronavirus Relief Bill Sets Aside Billions for Airlines
U.S. airlines were rising on the news that the coronavirus aid package that the Senate agreed upon would provide $500 billion for key industries like aviation and aerospace, in the form of direct loan support.
Senate Agrees to $2 Trillion Coronavirus Bill
Senate lawmakers have agreed to a $2 trillion coronavirus relief bill to help the domestic economy, and it will be voted on in the House today.
Nike Takes 25 Cent Q3 Coronavirus Charge
Facebook Warns Coronavirus Has 'Adversely Affected' Q1 Results
Facebook warned in a blog post today that the coronavirus pandemic had adversely impacted its results for the fiscal first quarter.
Congress Reportedly Near $61 Billion Bailout for Aviation Sector
Congressional negotiators are reportedly close to a $61 billion bailout for the aviation sector, including $25 billion in payroll grants for airlines.
Ford Suspending North American Production Beyond March 30
Ford is no longer planning to restart production in its North America on March 30, as a result of work from home orders for the coronavirus.
New York Pleading for Ventilators as Infections Grow
New York Governor Andrew Cuomo has said that coronavirus cases in the state are doubling every three days and warns that there are significantly fewer ventilators than cases at the moment.
India Prime Minister Orders Lockdown for Country
India's Prime Minster Narenda Modi declared a lockdown for the country, ordering citizens to stay inside for three weeks to contain the spread of coronavirus.
Nvidia Analyst Sees Graphics-Tech Demand Surge for Coronavirus
Needham analyst Rajvindra Gill, who follows Nvidia (NVDA) - Get Report, predicts that there will be a surge in demand for graphics technology as medical workers continue to work on combating the coronavirus.
Intel Ditches Stock Buybacks Amid Pandemic
Comcast Says Coronavirus May Hurt Results in Near to Medium Term
Citigroup Analyst Downgrades Tesla, Citing Coronavirus
While some analysts have upgraded Tesla (TSLA) - Get Report stock, as a UBS one did citing an order backlog in China a Citigroup analyst downgraded it, citing a closed plant during the coronavirus pandemic.
Ford Teaming With GE, 3M and UAW to Make Respirators
Tokyo Olympics Postponed Until 2021
Japan Prime Minister Shinzo Abe announced on Monday that the 2020 Olympic Games would be suspended and held in 2021 instead.
GM Scraps Earnings Guidance, Taps Credit Line Because of Coronavirus
As a result of the coronavirus pandemic, General Motors scrapped its 2020 earnings guidance, and has tapped a credit line for around $16 billion.
U.S. Airlines Considering Complete Shutdown of Commercial Flights
Major U.S. airlines are internally considering a complete voluntary shutdown of commercial flights as the coronavirus pandemic continues to grow.
Chevron Cuts Spending, Halts Buyback Plans
JPMorgan Chase Implementing Firm-Wide Hiring Freeze
Applied Materials Withdraws Guidance, Citing Coronavirus
Gilead Sciences Drug Gets FDA Orphan Drug Status
Trump Calls on Congress to Pass Coronavirus Bill
Mar. 23: President Trump called on Congress to pass the Senate coronavirus bill as written on Monday.
Baird Downgrades Comcast and AT&T as Especially Vulnerable to Coronavirus Fallout
Winnebago Suspends RV Production in Response to Coronavirus
Citigroup to Pay Some Employees $1,000 for 'Financial Burden'
Dollar General Adding 50,000 Workers in Response to Demand
Boeing Suspending Puget Sound Operations for 14 Days
Moderna: Vaccine May Be Available to Aid Workers by Fall
Zoom Shares Hit High as Coronavirus Has People Working From Home
Facebook Downgrading Video Quality in Europe
Facebook said that it will be reducing video streaming quality in Europe to reduce the strain on internet networks as many Europeans work from home during the coronavirus pandemic.
Zillow Suspends Online Home-Buying Service in Response to Coronavirus
Zillow Group (ZG) - Get Report has said that it is suspending Zillow Offers, its internet home-buying service, in all markets that it operates as a result of the coronavirus slowing down the real estate market.
Netflix Upgraded at Baird on Coronavirus Subscriber Trends
Baird has upgraded Netflix (NFLX) - Get Report shares to outperform, saying that trends in the company's subscriber growth suggest it is benefiting from people staying home during the coronavirus pandemic.
Bed Bath & Beyond to Close Most Stores Until April 3
CVS Plans to Hire 50,000, Give Bonuses to Current Staff
CVS Health has said that it plans to hire 50,000 full-time, part-time and temporary workers to deal with the rise in demand with CVS deemed an essential business.
John Deere, Newmont Withdraw 2020 Guidance
More and more companies have been withdrawing their 2020 financial guidance as the coronavirus pandemic continues to wreak havoc on the economy, with John Deere (DE) - Get Report and Newmont (NEM) - Get Report as two of the latest.
Yum China Reopens Restaurants
Fed Unveils Unlimited QE to Confront Coronavirus
The Federal Reserve has said it will buy unlimited amounts of Treasury bonds and purchase corporate and municipal debt.
NYSE Prepares for First All Computer Trading Day
The New York Stock Exchange will be conducting all of its business electronically today without traders on the floor for the first time in its history.
3M Making Respirators for Front-Line Responders
Goldman Sachs Upgrades Boeing on Expected Travel Rebound
Goldman Sachs gave Boeing a surprising upgrade based on their anticipation of a travel rebound after the coronavirus pandemic.
Walmart and Amazon Add Jobs Amid Fears of Unemployment Surge
Amazon AMZN and Walmart have each said they plan to add jobs and boost wages as analysts warn of the upcoming jobless numbers.
Senator Rand Paul Tests Positive for Coronavirus
Mar. 22: U.S. Senator Rand Paul has said that he has tested positive for the coronavirus.
Takeda Eyes Plasma Therapy for Coronavirus Patients
Japanese drug maker Takeda TAK talk with TheStreet about their coronavirus therapy plans.
U.S. Coronavirus Cases Spike; FDA Approves New Covid-19 Test
Mar. 21: As the number of confirmed coronavirus cases in the U.S. is nearing 20,000, the FDA has approved of a rapid Covid-19 test.
Starbucks Closing Most Stores in U.S. and Canada for Two Weeks
Google Completely Cancels I/O Developer Event
Google has announced that it is completely canceling I/O, their annual developer event, as a result of the coronavirus. Previously they had said they would be holding a virtual-only version of the event.
6 Ways Amazon Has Gotten Stronger During the Coronavirus Crisis
Amazon is looking to find itself in an even better position once the coronavirus pandemic lessens. Here's how.
Target Raising Workers' Pay as Coronavirus Crowds Surge
Target has said that it will be raising wages for workers in stores and distribution centers by $2 an hour through at least May 2 as they deal with coronavirus panic shopping.
Boris Johnson Orders Lockdown for United Kingdom
United Kingdom Prime Minister Boris Johnson has ordered a lockdown for the country, shutting down restaurants, bars, movie theaters, gyms and public transportation.
U.S. Halting Non-Essential Travel on Southern Border
The Trump administration is rolling out new restrictions on travel between the U.S. and Mexico amid the coronavirus crisis.
New York Orders All Non-Essential Employees to Stay at Home
New York Governor Andrew Cuomo has ordered all non-essential employees in the state to stay home for the foreseeable future as they try to get the spread of Covid-19 under control.
Tyson Foods and Sanderson Farms Upgraded as Meat Sells
Tyson Foods (TSN) - Get Report and Sanderson Farms (SAFM) - Get Report were both upgraded to overweight by a JPMorgan analyst as a result of consumers stocking up on meat amid the coronavirus pandemic and quarantine.
Teva Donating 6 Million Tablets of Malaria Drug for Coronavirus in U.S.
Coty to Pump Out Hand Sanitizer as Coronavirus Upends Business
Coke Warns of 'Material' Coronavirus Impact, Pulls 2020 Guidance
AT&T Cancels $4 Billion Share Repurchase, Citing Coronavirus
AT&T said on Friday that it is canceling its planned $4 billion accelerated share repurchase agreement because of the coronavirus pandemic.
Altria CEO Contracts Coronavirus
Bed Bath & Beyond, Kohl's Close for Coronavirus
Walmart to Hire 150,000 Temp Workers for Coronavirus Demand
Walmart has said that it plans to hire 150,000 temporary workers for stores, clubs, distribution centers and fulfillment centers to deal with the demand for everyday goods caused by the coronavirus.
Report: Republican Senators Dumped Stocks After Coronavirus Briefing
Mar. 19: Sen. Richard Burr, R-N.C., and Sen. Kelly Loeffler, R-Ga., reportedly dumped millions in stock holdings ahead of the market plunge after being briefed on the coronavirus.
Apple Caps Online iPhone Orders Amid Coronavirus Supply Turmoil
Apple is limiting online iPhone orders to two per model per person as the coronavirus pandemic impacts supply and demand.
Carnival Offering Ships as Floating Hospitals
Carnival has said that it will make ships from its global cruise line available as temporary hospitals amid the coronavirus pandemic.
Domino's Surging on Virus-Driven Takeout Demand
Mark Zuckerberg Working to Increase Coronavirus Testing Capacity in San Francisco
Facebook CEO Mark Zuckerberg has said that he is trying to increase coronavirus testing capacity at the University of California, San Francisco.
State Department Reportedly Going to Urge Americans to Avoid Overseas Travel
According to media reports, the State Department is preparing to instruct Americans not to travel overseas.
15 Coronavirus Scams to Avoid
TheStreet provides you with 15 online scams to be particularly watchful of and to avoid.
Trump: FDA Cleared 2 Antivirals For Coronavirus Syumptoms
The Trump administration has claimed that the Food and Drug Administration has cleared remdesivir and hydroxycholoroquine, two antivirals from Gilead Sciences, to fight coronavirus symptoms.
Microsoft Team Adds Millions on Coronavirus Remote Work
Microsoft's work collaboration program Microsoft Team now has 44 million members, up from 20 million in November, as a result of coronavirus-based work from home orders.
New York Governor Orders 75% of State's Non-Essential Workers to Stay Home
New York Governor Andrew Cuomo announced that 75% of the state's non-essential employees must work from home to better contain the spread of coronavirus.
Disney Warns Pandemic Makes Estimates Difficult
Uber Says It Is Rebounding From Coronavirus Plunge
Ford Suspends Dividend, Withdraws Guidance
Ford has suspended its dividend and withdrew its financial guidance, as well as offering payment relief to some new-car buyers as a result of the coronavirus pandemic.
General Electric Boosts Ventilator, Medical Equipment Production
General Electric has said that it is expanding its manufacturing capacity to boost production of ventilators and other medical equipment, such as patient monitors.
Darden Restaurant Pulls 2020 Guidance Profit Forecast on Coronavirus Drop
Abbott Labs Gets FDA Emergency Nod to Produce Coronavirus Test
Abbott Labs has received emergency approval from the Food and Drug Administration to mass-produce coronavirus tests.
Coronavirus Could Impact 5G Plans for Apple and Samsung
The coronavirus pandemic has forced investors in the smartphone world to temper previous expectations about 5G.
Tesla and GM Could Make Medical Equipment in Plants
Tesla and General Motors have both offered to make ventilators in their auto factories while production is shut down.
European Central Bank Launching Stimulus Program
Mar. 18: The European Central Bank has said that it is launching a stimulus plan worth 750 billion euro ($812 million) to counteract the economic impact of the coronavirus.
What Does Your Health Insurance Cover For the Coronavirus?
Wondering how your insurance will cover you in the event of Covid-19? Here's what you need to know.
NYSE Moves to All-Electronic Trading After Positive Coronavirus Tests
The New York Stock Exchange will shift to all-electronic trading next Monday after it was discovered that two people screened prior to coming into the building tested positive for the coronavirus.
Senate Approves Emergency Coronavirus Aid Package
The Senate voted on Wednesday to approve an emergency aid package to try and offset economic impacts from the coronavirus.
National Restaurant Association Requests $455 Billion of Coronavirus Aid
The National Restaurant Association has requested $455 billion in aid to offset the damage done to the industry by the coronavirus pandemic.
Delta Air Cutting Global Capacity By 70%
Delta Air Lines has said it will be cutting capacity by 70% globally, and that it expected March revenue to drop $2 billion from last March.
Ford Closing Plants in the Americas
Trump to Invoke Defense Production Act to Combat Pandemic
President Trump said he would be invoking the Defense Production Act so as to speed up production of necessary equipment for the coronavirus pandemic.
Nevada Orders 30-Day Freeze on Gambling
The governor of Nevada has ordered a 30-day freeze on gambling to try and slow the coronavirus pandemic, causing casino stocks to fall significantly.
Automakers Downshift Production Amid Union Pressure
As the United Auto Workers union fights for more stringent measures to protect their workers during the pandemic, Detroit's big three automakers are shifting to a partial shutdown.
Penn National Closes Casinos in Five States, Sees Shares Crater
Cinemark Closing U.S. Theaters
Starbucks Reopens China Stores
Starbucks has reopened 90% of its stores in China, and its board has authorized management to add up to 40 million shares to its buyback plans.
U.S.-Canada Border to Be Closed to Non-Essential Traffic
President Trump has said that the U.S. is temporarily closing its border to Canada to "non-essential traffic" as they attempt to contain the spread of coronavirus.
Home Depot Cutting Store Hours
General Mills Revenue Hurt By Coronavirus Outbreak
JetBlue Cuts Executive Pay, Reduce Capacity
Government Eyes Trillions in Coronavirus Stimulus, Bonds Fall
As the government seeks trillions in a planned coronavirus stimulus, spooked investors caused the bond markets to fall even further.
Cybersecurity Experts Warn That Coronavirus Work-From-Home Orders Heighten Risk
Cybersecurity experts are warning that the orders to work from home amid the coronavirus pandemic are heightening the risk of cyberattacks.
Hologic Ramping Up Production of Coronavirus Test Kits
Boeing Seeks $60 Billion in Aid
Boeing has said it is seeking $60 billion in aerospace industry aid from the U.S. government as a result of the coronavirus pandemic.
U.S. Gives Taxpayers Extra 90 Days to Pay Taxes Owed
Mar. 17: Due to the financial fallout of the coronavirus pandemic, it was announced that there will be a 90 day extension for Americans to pay taxes owed.
NYC Mayor Considering 'Shelter In Place' Order to Combat Coronavirus
New York City Mayor Bill de Blasio has said that he is considering whether to issue a shelter in place order to combat the growing coronavirus pandemic.
Disney Delays Release of 'Black Widow' Because of Coronavirus
Walt Disney will postpone the release of the Marvel movie "Black Widow," which had been scheduled for a May 1 release, due to the coronavirus.
Analyst: Coronavirus 'Demand Erosion' Will Extend to Apple's Next Quarter
Raj Joshi, an analyst at Moody's, wrote in a report that the sharp drop in demand caused by the coronavirus will continue to impact Apple into their next quarter.
Marriott Closing Hotels, Furloughing Employees
Marriott International say they are shuttering hotels and is starting to furlough what could become tens of thousands of employees.
Apple: U.S. Stores Closed 'Until Further Notice'
Apple has said that as a result of the coronavirus pandemic, all of its retail stores in the U.S. will be closed "until further notice." They had initially planned to reopen stores on Mar. 27.
United Auto Workers Union Calls For 2-Week Work Stoppage
In conversations with the Big 3 Detroit automakers, the United Auto Workers union has requested a work stoppage of two weeks as a result of the coronavirus.
Clorox Urges Consumers to Only Buy What They Need
Trump Administration Pledging to Get Cash to Americans in Next Two Weeks
Treasury Secretary Steven Mnuchin said in a press conference on Tuesday that the administration wants to send direct payments to Americans within the next two weeks to help the economic impact of the coronavirus pandemic.
Facebook Giving Employees $1,000 Bonuses During Work-From-Home Order
Facebook CEO Mark Zuckerberg has told employees will be issued a $1,000 bonus during this period where they are telling employees to work from home.
Amazon Limiting Independent Merchant Shipments to Essentials
Amazon has said that as a result of the coronavirus pandemic, independent merchants will only be allowed to ship medical supplies, household staples and any other high-demand product to their warehouses.
Uber Halts Shared Rides for Coronavirus Concerns
Uber is temporarily banning shared rides in the U.S. and Canada to protect drivers and passengers from Covid-19.
Oppenheimer Upgrades Walmart on Ability to Weather Coronavirus Storm
Walmart was upgraded by Oppenheimer analysts, who believe the retailer is well-positioned to weather the coronavirus storm.
Facebook Creates $100 Million Program for Small Businesses Hurt by Coronavirus
Facebook has announced a $100 million program that would help small businesses (in the form of grants and ad credits) affected by the coronavirus pandemic. Up to 30,000 small businesses would be eligible.
American Express Seeing Slower Sales Amid Coronavirus
Foot Locker to Temporarily Close Stores
Dunkin' Moving to To-Go Model Due to Coronavirus
Apple Target Cut to $328 on Coronavirus Closures
Morgan Stanley has cut its price target on Apple from $368 to $328 as a result of the company's coronavirus-based closing of its retail stores.
McDonald's Warns of Severe Coronavirus Financial Blow
McDonald's has warned that the financial blow it will take from the coronavirus pandemic to its earnings cannot yet be reasonably estimated.
Lam Research Withdraws Third Quarter Guidance Due to Site Closings
Lam Research (LRCX) - Get Report withdrew its third quarter guidance on Tuesday, Mar. 17, and warned that due to site closings as a result of the coronavirus they may not reach previously announced targets.
Nordstrom Closing Stores in U.S. and Canada
Regeneron Identifies Coronavirus Antibodies
Regeneron Pharmaceuticals have said that they have identified hundreds of virus-neutralizing antibodies and that they plan to start human trials by early summer.
Steve Mnuchin to Seek $850 Billion in Coronavirus Stimulus
Treasury Secretary Steve Mnuchin will ask Congress for $850 billion for his stimulus proposal to tackle the economic impact of the coronavirus pandemic.
Boeing Requests Short-Term Aid Amid Coronavirus Crisis
Boeing has asked the White House and congressional officials for short-term aid as the coronavirus pandemic continues to majorly impact the airline industry.
Airline Industry Seeks $58 Billion For Coronavirus Support
Airlines for America, which represents the major U.S. airline carriers, is seeking $50 billion in loans, grants and tax breaks for commercial airlines amidst the coronavirus pandemic, as well as $8 billion for the air cargo industry.
Becton Dickinson Submits Emergency FDA Request for Their Coronavirus Test
Amazon to Hire 100,000 Workers Amid Coronavirus Delivery Crunch
Mar. 16: Amazon, in the midst of a delivery crunch as the coronavirus has people quarantined indoors, is seeking to hire 100,000 warehouse and delivery workers while raising salaries $2 per hour through April.
Trump Urges Americans to Social Distance For At Least 15 Days
President Trump has urged Americans to help prevent the spread of COVID-19 by following a policy of social distancing for at least 15 days.
Crowd Restrictions Impacting Cinema Stocks
What is Google Doing to Facilitate Coronavirus Testing?
President Trump said on Friday, Mar. 13 that Alphabet's Google would soon have a screening website for coronavirus for Americans, but is that accurate? Here is what Google is more accurately doing to facilitate testing.
Airlines Seek Aid Amid Fears that Coronavirus Could Lead to Bankruptcy
As airline stocks continue to sink during the coronavirus pandemic and its erasing of travel demand, major carriers are reportedly asking the government for assistance to avoid bankruptcy.
New York, New Jersey and Connecticut Work Together on Shutdowns
New York, New Jersey and Connecticut announced on Monday that they worked together to announce a series of rules to shut down casinos, movie theaters and more while limiting restaurants to takeout and delivery only.
Virgin Atlantic Cutting Flights, Furloughing Staff
Virgin Atlantic Airways has said that in the wake of the coronavirus, it will be cutting flights by 80% and forcing staffers to take eight weeks of unpaid furlough leave.
BioNTech To Begin Human Trials For Coronavirus Vaccine Next Month
New FDA Rules Could Mean Faster Coronavirus Test Results
Starting Sunday, the FDA implemented a rule that says that coronavirus tests can be confirmed without first having to be sent to the CDC for confirmation, likely resulting in faster results.
Shake Shack Switches to To-Go Format
Thermo Fisher Gets FDA Emergency Authorization for Coronavirus Test
Thermo Fisher has said that it has received emergency-use authorization from the Food and Drug Administration to market its diagnostic test for the coronavirus.
Disney Streams 'Frozen 2' Early
Walt Disney has released "Frozen 2" to its Disney+ streaming service three months earlier than anticipated as a result of the coronavirus pandemic and quarantine.
Carnival to Cut Costs and Boost Liquidity
Carnival Cruise Lines has said that it is cutting costs and pursuing $3 billion in liquidity financing as a result of the coronavirus.
Abercrombie & Fitch, Levi Strauss and VF to Close Stores
As more retailers announce closings to help contain the coronavirus, Abercrombie & Fitch (ANF) - Get Report, Levi Strauss (LEVI) - Get Report and VF Corp. (VFC) - Get Report all announced store closings.
Health and Human Services Department Hit By Cyberattack
Per a media report, the U.S. Department of Health and Human Services was hit with a cyberattack on the night of Sunday, Mar. 15 amid its efforts to respond to the coronavirus pandemic.
Jack Ma Says Masks and Test Kits Are Headed to the U.S.
Alibaba (BABA) - Get Report co-founder Jack Ma joined Twitter and, with his first tweet, said the first shipment of masks and coronavirus testing kits he pledged to send to the U.S. were leaving Shanghai.
Banks Halt Stock Buybacks As Coronavirus Crisis Worsens
As the coronavirus pandemic continues to have devastating impacts on the economy, many of the biggest banks are halting stock buybacks so as to preserve capital for lending purposes.
Fiat Chrysler and Volkswagen Suspend Some Europe Operations for Two Weeks
Fiat Chrysler and Volkswagen (VLKAF) have each announced suspensions of their Europe operations amid the coronavirus pandemic, as Fiat Chrysler halted production at most of their European plants for two weeks while Volkswagen shut down factories in Italy and Spain.
RBC Slashes Tesla Price Target on Coronavirus Pandemic
An analyst at RBC Capital Markets slashed the one-year price target for Tesla, predicting a drop in demand due to the coronavirus pandemic.
Regeneron and Sanofi Launch U.S. Trials for Coronavirus Treatment
Regeneron Pharmaceuticals, in partnership with Sanofi, will begin clinical trials on a drug for patients with severe symptoms of COVID-19 across sixteen cities in the U.S.
Walmart Cuts Hours, Starbucks Closes Stores
Walmart and Starbucks are acting to try and do their part to contain the spread of coronavirus, as Walmart stores will no longer be open 24 hours while Starbucks is temporarily closing stores in "high-social gathering locations."
MGM and Wynn Closing Casinos
Amazon Running Out of Stock
Amazon has warned that the coronavirus pandemic has led to a massive surge in online orders, and that they were running out of stock on some popular household items and experiencing delivery delays.
United Airlines Plans Deep Capacity Cut
Moderna Coronavirus Vaccine Trial to Begin
Moderna is set to begin a trial for a coronavirus vaccine that, if successful, could potentially help protect people from contracting the disease.
Apple Closing Retail Outlets Outside of China
New York City Schools to Close
Mar. 15: On Sunday evening, New York Governor Andrew Cuomo announced that all New York City-area schools were to close. Mayor Bill DeBlasio said the plan is to reopen on April 20.
Fed Cuts Rate Close to Zero
The Federal Reserve, in response to the coronavirus pandemic and its economic impact, slashed its policy rate by a full percentage point.
Nike Closing Stores for Two Weeks
Nike has announced that they will be closing stores around the world (including in the U.S.) to help slow the coronavirus pandemic.
Will Spring Offer Relief for COVID-19?
TheStreet spoke with Dr. David N. Fisman about the coronavirus pandemic, how it has been handled and how the warm weather will impact it.
America's Top Immunologist: Don't Be Complacent
Speaking on "Meet the Press," Anthony Fauci urged Americans to be proactive about social distancing as soon as possible to better contain the spread of coronavirus.
Travel Ban Extends to U.K. and Ireland
Mar. 14: President Trump said that the European travel ban would extend to the U.K. and Ireland, and also said he was tested for the coronavirus (the Trump administration would later say he tested negative).
Trump National Emergency Declaration Frees Up $50 Billion for Aid
Mar. 13: In declaring a national emergency due to the coronavirus pandemic, $50 billion worth of funding was freed up for aid.
Pelosi Says Deal Reached With White House for Coronavirus Aid
House Speaker Nancy Pelosi said on Friday night that negotiators had reached agreement with the White House on a bill to help with coronavirus aid.
Google Building a Website for Coronavirus Testing
Google will be building a website designed to connect people in the U.S. to coronavirus testing, according to President Trump during his news conference.
President Trump Declares State of Emergency
President Trump has declared a state of national emergency amid the coronavirus pandemic.
Delta Air Cuts Capacity, Cancels Europe Flights
Delta Air has announced several initiatives to save money during the coronavirus, including cutting 40% of capacity and cancelling European flights.
Apple Moves Developer Conference Online
Now Apple has announced that one of their annual conferences, the World Wide Developers Conference (WWDC), will be going online-only as a result of the coronavirus.
GM and Ford Ask Employees to Work From Home
General Motors and Ford two of the latest companies to ask their employees to work from home so as to try and avoid the coronavirus.
President Trump Could Declare National Emergency
President Trump is expected to declare a state of emergency about the coronavirus pandemic in a news conference today.
Xerox Postpones HP Inc. Takeover
Norwegian Air Cutting Staff and Flights
Masters Golf Tournament Postponed
The Masters, the major golf tournament that had been scheduled to start April 9, will be postponed as a result of the coronavirus.
Microsoft Build Goes Virtual Due to Coronavirus
Microsoft is just the latest company to have to change their conference due to the coronavirus pandemic, as they announced their Build gathering that had been scheduled for April will now be online-only.
Inovio Receives Grant for Coronavirus Test
Inovio Pharmaceuticals (INO) - Get Report has received a $5 million grant from the Bill and Melinda Gates Foundation related to researching the coronavirus. Despite this, two analysts downgraded the stock.
Warren Buffett Takes Berkshire Hathway Meeting Online
Can-Fite Says Its Arthritis Treatment May Help Coronavirus
Can-Fite Biopharma (CANF) - Get Report said that they are working with Temple University to explore whether its rheumatoid arthritis drug Piclidenoson could be effective for those with coronavirus symptoms as well.
Three European Soccer Leagues Suspending Games
The Premier League, Football League and Women's Super League are all suspending games until at least April as a result of the coronavirus.
Coronavirus Could Threaten Uber and Lyft Outlook
Apple Reopens All China Retail Stores
Apple has said it will be reopening all 42 of its retail stores in China as the country sees its coronavirus outbreak ease up.
Disney Temporarily Closing Theme Parks in Florida and Paris
As the coronavirus continues to spread worldwide, Walt Disney has said it will temporarily close Walt Disney World Resort in Florida and Disneyland Paris Resort starting Monday, Mar. 16 and extending through the end of March.
Goldman Sachs Predicts Fed Could Cut Rates to Zero
Goldman Sachs economists have predicted that the Federal Reserve could cut interest rates to zero as the coronavirus continues to spread throughout the U.S.
Roche Get Emergency Approval to Make Coronavirus Test Kits
NCAA Cancels March Madness
Mar. 12: After initially planning to play the NCAA Division I tournament without fan attendance, the NCAA has now announced that it will be cancelling this year's tournament entirely.
Adobe Expects Coronavirus to Force Delays in Bookings
Disneyland to Close Amid Coronavirus Concerns
The Disneyland Resort and the Disney California Adventure Park in California will be closing through the end of March due to fears about the spread of the coronavirus.
Broadcom Pulls Full-Year Guidance Due to Coronavirus
MLB Delays Opening Day At Least Two Weeks
Major League Baseball, similar to the NBA and NHL who outright suspended their ongoing seasons, has announced that they will be canceling the remainder of Spring Training games and delaying the start of the regular season by at least two weeks
Broadway Suspending Shows for a Month
As New York Governor Andrew Cuomo announced a statewide ban on public gatherings of more than 500 people, Broadway theaters are going dark for a month.
Senate Skipping Vacation to Work on Coronavirus Package
The Senate was scheduled for a vacation next week, but is abandoning that plan to work on a fiscal package to help combat the impact of the coronavirus.
NHL Suspends Its Season
Yet another major sports league has suspended its season due to fears of the coronavirus, as the National Hockey League has announced it will be suspending its games.
Major League Soccer Suspends Season for 30 Days
Major League Soccer announced that it would suspend its season for 30 days in reaction to the spread of the coronavirus.
U.S. Capitol, Congressional Offices Close to Public
The U.S. Capitol building and congressional offices buildings are going to be closed to the public starting at 5:00 pm on Thursday, Mar. 12 through April 1.
Carnival's Princess Line Pauses Operations
Carnival announced that its Princess Cruise line would pause global operations for 60 days due to the coronavirus pandemic.
Madison Square Garden Falling as NBA Suspends Season
NYSE Preparing Plan to Close Trading Floor
The New York Stock Exchange is reportedly preparing a contingency plan that would involve closing the trading floor during the coronavirus pandemic.
Coronavirus Panic Has Investors Betting on More Rate Cuts
As the coronavirus pandemic continues to impact the economy, investors are betting that the Federal Reserve will cut its benchmark interest rate soon.
Starbucks May Close Stores to Fight Coronavirus
Starbucks has said it may take additional cautionary steps to combat the coronavirus such as store closings, as they did in China earlier this year.
How Will Coronavirus Impact Tech Giants?
Dow Futures Plunge After Trump Travel Ban
As a result of the sudden European travel ban President Trump ordered in an attempt to combat the coronavirus, futures plunged to bring the S&P 500 into bear market territory.
NBA Suspends Season After Player Positive for Coronavirus
Mar. 11: After Utah Jazz player Rudy Gobert tested positive for the coronavirus, their game against the Thunder was abruptly canceled, followed by an announcement that the NBA was suspending future games until further notice.
Trump Halts Travel From Europe to Contain Coronavirus
In his Oval Office speech on Wednesday night, President Trump said he was suspending all travel from Europe to the U.S. (with the U.K. as an exception) for 30 days to try and contain the spread of the coronavirus.
March Madness Going Ahead Without Fan Attendance
With the coronavirus pandemic shutting down many large public gatherings around the world, the NCAA said that their annual March Madness basketball tournament will still go on next week, but without fan attendance.
E3 2020 Canceled Due to Coronavirus
The Entertainment Software Association has canceled its E3 2020 event due to concerns surrounding the coronavirus. E3 had been scheduled for June.
Korn Ferry Says Coronavirus Clouds Company's Outlook
White House Holds Coronavirus Meeting With Major Tech Firms
The White House convened a meeting with representatives from Facebook, Alphabet, Amazon , Microsoft and more to discuss how to respond to the coronavirus pandemic.
Boeing Halts Hiring, Limit Travel and Overtime
Boeing is halting hiring and limiting travel and overtime as a result of the coronavirus pandemic. Currently, three Boeing employees have tested positive for the virus.
WHO Calls Coronavirus Outbreak a Pandemic
On Wednesday, Mar. 11, the World Health Organization officially called the coronavirus outbreak a global pandemic. U.S. cases have topped 1,000 and Germany Chancellor Angela Merkel warned that up to 70% of the population could become infected.
Kentucky Walmart Employee Tests Positive For Coronavirus
A Walmart employee in Cynthiana, Kentucky has tested positive for the coronavirus, and the store is considering reducing hours to enable more cleaning.
GenMark Diagnostics Submits Coronavirus Test to FDA
Xenia Pulls Guidance Over Coronavirus Cancellations
GM, Ford, Fiat Chrysler See Price Targets Slashed
A Morgan Stanley analyst cut the price expectations of General Motors, Ford and Fiat Chrysler as the coronavirus spread has caused "demand shock."
Urban Outfitters Sees Traffic Decline From Areas With Coronavirus Outbreaks
Trump Calls For Meeting With Top Bankers
President Trump has asked top bankers to meet with him in the White House to discuss the economic impact of the current coronavirus outbreak.
CDC Confirms First Use of Gilead Coronavirus Treatment
CDC director Robert Redfield said that remdesivir, the drug from Gilead Sciences, was used on compassionate grounds in Washington state.
Bank of England Delivers Emergency Rate Cut
The Bank of England lowered its key Bank Rate by 50 basis points on Wednesday to try and combat the coronavirus' economic impact, its first emergency rate cut in over a decade.
New York State Orders Containment Zone in New Rochelle
Mar. 10: New York Governor Andrew Cuomo has ordered public gathering facilities in New Rochelle, a suburb in Westchester County, and described it as a "significant hot spot" for the coronavirus.
Gap HQ Reopens After Coronavirus Scare
Gap has reopened their corporate office in downtown New York Tuesday, after it was determined that an employee previously thought to have the coronavirus was not infected.
Will the Coronavirus Cause a Recession?
The coronavirus has people all over the world scared for a number of reasons. Will it cause a recession?
Harvard Shifting Courses Online
Harvard University if shifting all of its courses online starting March 23 when the school resumes after spring break, in response to the coronavirus outbreak.
Apple Worker in Ireland Tests Positive For the Coronavirus
Apple has announced that an employee in their office in Cork, Ireland has tested positive for the coronavirus, the first case for an Apple employee.
United Airlines Cutting Flight Capacity
United Airlines is just the latest airline to announce that due to a coronavirus-based drop in passenger traffic, they would be cutting flight capacity - 10% domestically and 20% internationally.
Delta Cuts Flight Capacity In Response to Drop in Demand
In response to the coronavirus outbreak decreasing flight demands, Delta Air Lines is cutting flight capacity by 15%.
Southwest Air Considers Cutting Schedule, CEO Take Pay Cut
American Airlines Cuts Summer Capacity
Air, Cruise, Tourism Stocks All Take Hit From Coronavirus
While the coronavirus outbreak has done damage to stocks across the board, industries directly impacted by the disease - airlines, cruise ship carriers and travel companies - have taken particular hits recently.
Italy Puts 60 Million Citizens on Lockdown
Italy, with one of the more significant coronavirus outbreaks, has placed over 60 million people under strict travel conditions while banning all public gatherings in an attempt to contain the spread.
Trump to Discuss Payroll Tax Cut for Coronavirus
Mar. 9: President Trump said on Monday that he would be meeting with House Republicans to discuss a payroll tax cut, among other things, to help deal with the economic impact of the coronavirus.
Fed Promises Regulatory Assistance to Financial Institutions
The Federal Reserve said on Monday, Mar. 9 that it would provide regulatory assistance to financial institutions impacted by the coronavirus, and encouraged them to meet the financial needs of their customers.
Dow Down 1,700 Points on Oil and Coronavirus Fears
Monday, Mar. 9 has been a devastating day for the stock market. The Dow was down over 1,700 points, its worst day since 2008, while the S&P 500 and Nasdaq were each down over 6%.
White House Invites Wall Street Execs to Discuss Coronavirus Outbreak
As the growing coronavirus outbreak wreaks havoc on stocks, CNBC reported that the White House has invited some financial company executives to discuss the economic impact.
Ireland Cancels St. Patrick's Day Parade
As government officials in Europe work to shut down major events to try and better contain the spread of the coronavirus, Ireland will be canceling its annual Dublin St. Patrick's Day parade.
Uber, Lyft Fall On Coronavirus Fears
Uber and Lyft were both falling early on Monday, as investors feared that the growing number of coronavirus cases would make people far less likely to use the ride-sharing services.
Quest Diagnostics Introducing Coronavirus Test
Trump Administration Drafting Aid Package
The Trump administration is reportedly drafting a series of short-term measures as an aid package to try and offset the economic impact related to the coronavirus.
Dr. Anthony Fauci: We're Seeing 'Community Spread'
Mar. 8: Dr. Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases, said on "Meet the Press" that in the wake of community spreading of the coronavirus, vulnerable people should avoid large crowds.
How Has Taiwan Kept Its Coronavirus Numbers Low?
Taiwan has a fraction of the confirmed coronavirus cases that Wuhan, China and even the U.S. have. TheStreet spoke with Dr. C. Jason Wang about how they have contained outbreaks.
21 People On Cruise Ship Off California Tested Positive for Coronavirus
Mar. 6: Vice President Mike Pence told reporters on Friday that 21 people that were onboard a Princess Cruise ship off the California coast have tested positive for the coronavirus. The Associated Press reported thousands more on the ship have not yet been tested.
Coronavirus Could Hurt Alphabet's Ad Revenue
Analyst Laura Martin of Needman warned investors in a note that the coronavirus outbreak could hit Alphabet's ad revenue.
SXSW Canceled Due to Coronavirus Concerns
Austin's SXSW has now announced that it will be canceled due to the coronavirus outbreak, the latest in a growing series of conferences and events that have been canceled for safety concerns.
White House Adviser Talks About 'Targeted Measures'
Chief Economic Adviser Larry Kudlow said the White House was considering "targeted measures" to attempt to help offset the economic impact the coronavirus was having on the airline industry.
Mastercard Closes New York Site and Sao Paolo Office
Mastercard (MA) - Get Report is closing both its Sao Paolo office and an annex location near its headquarters in New York after a Brazil-based employee who traveled to that site was diagnosed with the coronavirus.
Gap Closes New York Headquarters After Coronavirus Diagnosis
Gap is temporarily closing its headquarters in downtown Manhattan after an employee contracted COVID-19, according to a Bloomberg report.
Opko Health Will Offer Coronavirus Test
CVS Offering Aetna Customers Free Coronavirus Testing
CVS Health announced that it would offer free coronavirus testing, but only to Aetna insurance members.
Coronavirus Cases Top 100,000, Stocks Plummet
In the wake of the number of coronavirus cases worldwide topping over 100,000, fears of an upcoming pandemic had stocks falling on Friday morning.
Two British Airways Employees Test Positive for Coronavirus
British Airways discovered that two employees have tested positive for the coronavirus. The BBC reported that both employees have been isolated to recover at home.
Deutsche Bank Cuts Apple Target on Coronavirus Impact
Deutsche Bank cut the price target of Apple, citing uncertainty surrounding the coronavirus and the impact it may have.
Coronavirus Could Be Detriment to Tech IPOs
As coronavirus cases grow and the concerns surrounding its impact tank certain stocks and sectors, that volatility could have an adverse impact on tech companies preparing for an IPO.
Starbucks Sees Earnings Hit From Coronavirus
Mar. 5: Starbucks has said that it anticipates the hit from the coronavirus, which led to store closings in China, to cut their second quarter earnings by as much as 15-18 cents per share.
Google Advises Washington Employees to Work From Home
Alphabet's Google has advised its employees in Washington state to work from home in the wake of the coronavirus outbreak, which has had a particular impact in Washington.
Live Nation Target Cut on Coronavirus Concerns
Walmart Restricting Business Travel Due to Coronavirus
Walmart has announced that they will be restricting cross-border international travel in response to the growing coronavirus outbreak.
Co-Diagnostics Reporting Strong Demand for Coronavirus Kits
Conferences and Expos Canceled Due to Coronavirus
More and more companies are canceling in-person conferences to avoid spreading the coronavirus. Here are the conferences and expos that have been canceled so far.
U.S. Government to Miss Coronavirus Test Target This Week
Several U.S. senators have said that the Trump administration will not be able to make its target of having 1 million coronavirus tests available by the end of the week.
Stocks Fall on Rising Number of U.S. Coronavirus Cases
Stocks were falling early on Thursday, Mar. 5, undoing a lot of this week's gains as the number of U.S. coronavirus cases continues to rise.
Southwest Warns of Coronavirus Hit to Revenue
Southwest Airlines warned investors that the coronavirus outbreak will impact their first-quarter operating revenue as less people are likely to travel, causing shares to fall early Thursday.
Former Passenger of Second Carnival Cruise Ship Dies of Coronavirus
Carnival's Grand Princess cruise ship is under lockdown after a 71-year-old man who had traveled on the ship in February died from the coronavirus.
Apple and Netflix Pull Out of SXSW
Apple and Netflix have each announced that they will be pulling out of South by Southwest due to coronavirus concerns.
Airline Lobby Group Says Carriers Could Lose $100 Billion
The International Air Transport Association (IATA), an airline lobby group, has said that the coronavirus outbreak, depending on how bad it gets, could cause airline carriers to lose as much as $113 billion in revenue.
United Airlines Cuts U.S. and International Flights
Mar. 4: United Airlines has announced that in the wake of the coronavirus outbreak, it will be cutting the number of U.S. and Canada flights by 10% and international flights by 20%.
American Express Says Coronavirus Won't Affect Results
American Express has said that there is currently no expectation that the coronavirus outbreak will have an impact on its guidance, causing shares to rise.
Congressional Leaders Agree on Coronavirus Bill
Congressional leaders among Democrats and Republicans have agreed on an $8.3 billion bill for emergency funding to help fight the coronavirus in the hopes of protecting America from a pandemic.
IMF Announces $50 Billion Coronavirus Fund; LA Declares Emergency
The International Monetary Fund (IMF) has announced a coronavirus aid package worth $50 billion; meanwhile, Los Angeles County officials have declared a state of emergency as more coronavirus cases in the area are confirmed.
Skyworks Solutions Lowers Outlook
Italy Closes Schools and Universities
Italy, like China did, is temporarily closing its schools and universities in an attempt to fight the growing number of coronavirus cases starting Thursday.
Amazon Joins Corporate Battle Against Coronavirus
Amazon revealed that one of its employees has tested positive for the coronavirus, prompting the company to have to jump into action to combat a spread.
GE Sees Coronavirus Hit to Cash Flow
Powell: Fed Chose to Cut Rates in Face of 'New Risks to Economic Outlook'
Mar. 3: Federal Reserve Chairman Jerome Powell said on Tuesday that the Fed made the decision to cut its benchmark lending rate by 50 basis points to "help the U.S. economy keep strong in the face of new risks to the economic outlook."
J.P. Morgan Cuts Mastercard, Visa and PayPal Estimates
Fed Cuts Rates Amid Coronavirus Risks
The Federal Reserve announced on Tuesday that it would be cutting its benchmark lending rate by 50 basis points in a surprise move designed to cushion the economic impact of the coronavirus.
Inovio Accelerating Coronavirus Vaccine Timeline
Inovio Pharmaceuticals announced that it was accelerating its timeline for its potential coronavirus vaccine and plans to begin human trials in April, causing shares to rise.
Eli Lilly Says Coronavirus Won't Hurt Supply
Qorvo Cuts Q4 Revenue Guidance on Coronavirus Fears
Qorvo QRVO cut its fourth quarter revenue guidance on Tuesday, Mar. 3 as they say coronavirus fears have had a major impact on both supply chains and customer demand.
G-7 Pledges Coronavirus Action
After an emergency conference call with members, the G-7 pledged on Tuesday that they would be closely monitoring the impact the coronavirus has on the world economy to prepare for coordinated action if need be.
Google Cancels Cloud Conference
Mar. 2: Alphabet's Google announced that they will no longer be holding the Cloud Next conference, initially set for April 6-8 in San Francisco, based on coronavirus concerns.
Nvidia Cancels In-Person Developers Conference
Nvidia is the one of the latest companies to announce that the cancellation of an in-person conference due to coronavirus fears. They will be moving their GTC conference online.
China Reportedly Prepping 5G Phone Subsidies
China is reportedly planning on offering joint subsidies with local carriers for 5G phones in an attempt to boost demand for smartphone,s which has been hurt in the wake of the coronavirus outbreak.
Tech Stocks Not Yet Feeling Full Coronavirus Impact
Tech stocks have not yet been badly impacted by coronavirus fears, but many investors are still worried of the risk they have should the coronavirus become a pandemic.
Tech Stocks to Own Amid Coronavirus Outbreak
Wedbush analyst Dan Ives discussed some of the tech stocks he recommends owning in the wake of the coronavirus outbreak.
Target Cancels In-Person Post-Earnings Meeting
Target announced Monday that it would cancel its post-earnings in-person meeting with the financial community that was set for Tuesday based on coronavirus fears.
Nike Closes European Headquarters After Coronavirus Case
Nike announced on Monday that they would be temporarily shuttering their European headquarters after an employee was confirmed to be infected with the coronavirus.
Central Banks, Finance Ministers Prepare Action
Finance ministers and central banks worldwide said they planned to monitor the spread of the coronavirus and prepare for the possibility of coordinated action.
Experts Worry About 'Grave Errors' as U.S. Infections Rise
Mar. 1: As the number of confirmed coronavirus cases in the U.S. rises, some experts are concerned about potential missteps and the effect they could have on the spread of COVID-19.
First U.S. Coronavirus Death Confirmed
Feb. 29: The first death from the coronavirus was confirmed in Washington state as President Trump says there is "no need to panic."
Dow Loses 12% in One Week on Coronavirus Fears
Feb. 28: In large part based on fears that the coronavirus outbreak could become an outright pandemic, stocks had their worst week since the 2008 financial crisis as the Dow lost 12.4%.
Google Employee Tests Positive for Coronavirus
Per reports, an employee of Alphabet's Google working in their Zurich office tested positive for the coronavirus.
Disney Down on Coronavirus Concerns But Analysts Bullish
Disney continues to fall on coronavirus concerns, among other things, but J.P. Morgan analysts remain bullish on the stock for the neat future.
Emerson Electric Estimating Major Revenue Impact
Emerson Electric (EMR) - Get Report is anticipating a massive impact on sales from the coronavirus outbreak, estimating that it will have an impact of $100 million to $150 million on their sales in the second quarter.
Inovio Prepping Coronavirus Vaccine
Inovio Pharmaceuticals is preparing for if they successfully develop a coronavirus vaccine, talking with large drugmakers to help successfully deliver the drug should it be approved.
Analysts Cust Marvell Estimates on Coronavirus
Apple Says China Factories 'Getting Back to Normal'
Talking to Fox Business Network, Apple CEO Tim Cook said that their China factories that had been shut down were getting closer to their normal production. Cook also said he's optimistic about China containing the coronavirus outbreak.
Clorox Rises on Coronavirus-Based Demand
Clorox shares were up in premarket trading Feb. 28 as the rising worldwide fears of the coronavirus lead to increased demand for their disinfectant and hand sanitizer supplies.
U.S. Airlines Slide on Warning of Coronavirus Impact
After two European airlines warned of the potential the coronavirus will have on earnings, United Airlines, American Airlines and Delta Air Lines all fell in premarket trading Friday, Feb. 28.
Coronavirus Having Limited Impact on Enterprise Software
Comments from Microsoft and software companies like Salesforce, Elastic (ESTC) - Get Report and Anaplan (PLAN) - Get Report suggest that the coronavirus concerns have yet to make much of an impact on revenue for enterprise software companies.
Facebook Cancels In-Person Portion of Developer Conference
Feb. 27: Facebook announced Feb. 27 that it would be canceling the in-person portion of its annual F8 Developer Conference, scheduled for May 5-6 in San Jose, California, due to coronavirus concerns.
How to Trade Microsoft After Warning
Bret Kenwell explains Wall Street's reaction to Microsoft's coronavirus warning, and how to trade it in the wake of the news.
Novavax Begins Testing for Vaccine Candidate
Two Analysts Downgrade United Airlines
Microsoft Warns That It Will Miss Guidance
Microsoft warned investors that the economic impact of the coronavirus outbreak would hurt its third fiscal quarter and cut sales guidance, causing share prices to fall.
Workday Cancels Major Sales Meeting
Coronavirus Could Eliminate 2020 U.S. Corporate Growth
Japan Closes Schools in Response to Coronavirus
Japan's government has ordered its schools to close through March to try and prevent a coronavirus spread.
In addition, Saudi Arabia has suspended Mecca pilgrimages.
Gilead Launches Phase 3 Study for Coronavirus Treatment
Gilead Sciences, in its latest update, says it will be testing its remdesivir drug on 1,000 coronavirus patients. The announcement had shares gaining.
Microsoft Warns That Coronavirus Will Hit Windows Revenue
Dow Futures Falling on Coronavirus Fears
As the market continues to fall on news of the coronavirus spreading, Dow futures fell even further on Thursday morning, Feb. 27, prior to the market opening.
Trump Says U.S. Coronavirus Containment Efforts Have Been Successful So Far
In a press conference with health officials, President Trump claimed that his administration had thus far successfully been containing a spread of the coronavirus. Trump also announced that Vice President Mike Pence would lead a coronavirus task force with health officials.
Booking Holdings Warns of Impact Coronavirus Will Have on Travel
Booking Holdings (BKNG) - Get Report, parent company of websites like Priceline, warned during their earnings report that the coronavirus spread will impact world travel - and subsequently their first-quarter revenue.
Papa John's Closes 50 Stores in China Due to Coronavirus
Moderna Shares Continue Rising on Possible Coronavirus Vaccine
Moderna continues to be the exception to the stock market falling. In addition to its potential coronavirus vaccine being shipped out for testing, the company's quarterly report had the stock up over 15%.
Trump Holds News Conference Discussing Coronavirus
Feb. 26: President Trump held a news conference Wednesday, Feb. 26 to discuss the coronavirus.
Coronavirus Market Slump Hits Treasury Yields
As coronavirus fears continue to have adverse impacts on the market, U.S. 10-year treasury bond yields hit a record low at 1.324%. This is below the all-time closing low, though not as low as the all-time intra-day low.
President Trump Tweets That Coronavirus "Under Control" in U.S.
President Trump, in addition to telling an audience in India that the U.S. stock market would experience a crash if he lost the 2020 Presidential election, tweeted optimism about the coronavirus in the U.S. one day after the Dow Jones fell 1,000 points.
Dow Falls 900 Points as CDC Warns of Spread
Feb. 25: On Tuesday, the CDC held a conference call and said the American public should be preparing for a global pandemic. Meanwhile, the Dow continued to fall, this time by over 900 points.
Tech Companies Downgraded on Coronavirus Concerns
Both Micron (MU) - Get Report and Nvidia were downgraded based on the risks that the coronavirus outbreak poses to their industries and sales. Nvidia was downgraded by an analyst at Nomura Instinet while Micron was double-downgraded at Bank of America (BAC.)
Apple Reopening More Than Half of Its China Stores
Though the coronavirus outbreak has not ceased or slowed in mainland China, Apple announced that it would be reopening 29 of its 42 stores there.
Moderna Announces Coronavirus Vaccine Trial, Shares Surge
Biotech company Moderna announced that it sent a coronavirus treatment, MRNA-1273, to the National Institute of Allergy and Infectious Diseases for a phase one study. In response, shares rose over 17% early Tuesday morning, Feb. 25.
United Airlines Pulls 2020 Earnings Guidance Amidst Concerns
United Airlines cited "heightened uncertainty" due to the coronavirus outbreak for deciding to pull its 2020 earnings forecast, causing shares to fall in the process.
Coronavirus Expected to Affect Mastercard Revenue
Mastercard warned that the coronavirus outbreak and its economic impact will affect their first-quarter revenue growth, which shareholders should anticipate to be slower than what they guided in their earnings call in January.
Gilead Rises Amid Coronavirus Stock Downturn
Gilead Sciences was one of the few companies to rise on a disastrous day for the market, credited to its remdesivir drug being one that WHO has said could be efficient in helping combat the coronavirus.
Energy Stocks Fall as Coronavirus Concerns Send Oil Prices Plummet
Concern for the continued coronavirus outbreak has impacted oil prices. This has caused a drop in the price of some major energy stocks, including ExxonMobil (XOM) - Get Report, Chevron and Marathon Petroleum (MPC) - Get Report.
Cruise Ship Stocks Falling on Coronavirus Fears
Feb. 24: Cruise ship companies have taken some of the most direct beatings from the market's coronavirus fears. On Monday, Feb. 24, Norwegian Cruise Line Holdings (NCLH) - Get Report, Carnival and Royal Caribbean all fell more than 5%.
Semiconductor Stocks Fall on Market's Coronavirus Concerns
Intel, AMD (AMD) - Get Report and Nvidia are just a few of the chip companies in the semiconductor industry that fell significantly on Feb. 24 in the wake of coronavirus fear sending the Dow tumbling.
Major Stocks Tumble as Coronavirus Cases Affect the Market
On a day that ultimately led to the Dow falling over 1,000 points, news of more coronavirus outbreaks sent many large companies falling on Feb. 24 including Microsoft, Disney and Nike.
Stocks Down Sharply as Coronavirus Spreads
As the coronavirus spreads to other countries, the news sent stocks falling on Feb. 24. The Dow started falling sharply immediately; by the end of the day, it was down over 1,000 points.
WHO Says Gilead Drug Could Be Effective
The World Health Organization claimed the antiviral remdesivir by Gilead Sciences has the potential to be effective.
Coronavirus Spread Sends Odds for Fed Rate Cut Rising
The CME Group's FedWatch has increased the odds that the Federal Reserve will cut interest rates in April due to the increased likelihood of coronavirus concerns causing economic slowdown.
Coming Weeks 'Critical' for Coronavirus Spread
Feb. 23: In an email to TheStreet Feb. 23, University of California in San Francisco professor Dr. Charles Chiu said he believes that "the next few weeks will be critical in showing whether or not this virus will grow into a pandemic or remain confined to China."
Airline Stocks Drop on Fears of Revenue Loss
Feb. 23: The possibility of a coronavirus outbreak causing massive losses for airlines caused some stocks like United Airlines Holdings and American Airlines to fall.
Dow Ends Below 29,000 After Increase in Cases
Feb. 21: An increase in confirmed coronavirus cases caused stocks to sink, and the Dow ended the day below 29,000, a decline of 274 points.
Coca-Cola and Others Expect Coronavirus Outbreak to Affect Earnings
Coca-Cola claimed that it expects the coronavirus outbreak to affect its first-quarter earnings by as much as 1-2 cents per share, and that it would be raising its quarterly dividend. That same day, other companies said similar things; Universal Display warned that its 2020 revenue could take a hit of 10% from the outbreak, Yum! Brands anticipates it impacting their first quarter and Procter & Gamble (PG) - Get Report warned that it could have a material impact on their results.
Stocks Fall as Investors Monitor Impact
Feb. 20: Stocks finished down as investors monitored the impact that the growing coronavirus outbreak will have.
Two Carnival Passengers Die From Coronavirus
Feb. 20: Two passengers of Carnival's quarantined Diamond Princess ship, an 87-year-old Japanese man and an 84-year-old Japanese woman, died of the coronavirus. The two were among the 634 passengers and crew members diagnosed.
Herbalife Warns of Coronavirus Impact During Earnings
Feb. 19: Herbalife (HLF) - Get Report posted better-than-estimated fourth quarter earnings, but also warned that with China being a prominent market for them, the coronavirus outbreak could have an impact on revenue in the near future.
Coronavirus Could Cause Major Drop in Smartphone Production
Trendforce published a report that coronavirus-based disruptions in the workforce could result in a double-digit percentage drop in smartphone shipments, among other products.
Sanofi Says It's Joining Race for Coronavirus Vaccine
French drug company Sanofi announced that they are also in the running for the creation of a coronavirus vaccine, working with the U.S. Health and Human Services Department.
Apple Cautions That Coronavirus Will Hit iPhone Supplies
Apple decided to scrap their second-quarter revenue guidance, attributing their decision to the coronavirus outbreak and the way it would impact their iPhone supplies and thus they're sales in the near future
Coronavirus Cases Surpass 72,000 Worldwide
Feb. 18: As of Tuesday, Feb. 18, 2020, the number of coronavirus cases worldwide surpassed 72,400. Around 11,000 of those were cases in China that were deemed "severe."
TheStreet Talks With Microbiology Expert About Coronavirus
TheStreet spoke with a top microbiology expert about the coronavirus outbreak, and they said while it is a possibility that the virus was caused by a laboratory accident, the possibility of an intentionally engineered virus can be dismissed.
Hawaii Probing Potential Coronavirus Infections
Feb. 16: Hawaii's Department of Health announced that a tourist who had recently visited has been diagnosed with the coronavirus upon returning to Japan. The man was said to have had cold-like symptoms while in Oahu.
AstraZeneca Cautions Near Future Coronavirus Impact
During their fourth quarter earnings report, drugmaker AstraZeneca noted that the spread of coronavirus would impact their results over the next few months due to China being a sizable portion of their market share.
Health Officials Don't See Evidence That Pets Can Get Coronavirus
With coronavirus spreading, some panicked pet owners are wondering if it could spread to their pets. However, WHO has said they don't see evidence that COVID-19 can infect pets.
Alibaba CEO Warns of 'Black Swan' Coronavirus Risk
Daniel Zhang, CEO of Alibaba Group Holding Co., referred to the coronavirus outbreak as a "black swan" event during their third quarter earnings report. Zhang believed that the outbreak would present challenges to Alibaba's business development.
China Reports 15,000 New Coronavirus Cases, Dow Futures Fall
Feb. 13: Health officials in China confirmed nearly 15,000 more coronavirus cases in Hubei province to bring the nationwide total to approximately 60,000. U.S. equity futures fell on the morning of Thursday, Feb. 13 on the news.
Mobile World Congress Canceled For Coronavirus Concerns
Feb. 12: The Mobile World Congress, a trade conference that had been scheduled for Feb. 24-27 in Barcelona, was canceled due to coronavirus concerns. The cancellation was confirmed on Wednesday, Feb. 12.
Carnival Says Coronavirus Could Cost Up to 65 Cents Per Share in Profit
Cruise ship company Carnival warned that the growing coronavirus outbreak could have a major material impact on their profit, and that they were monitoring the situation. They said the impact could be as much as 65 cents per share.
PVH Reaffirms Guidance Despite China Stores Closing
Feb. 12: PVH stuck with their profit guidance during their fourth quarter earnings report on Feb. 12, despite its stores like Tommy Hilfiger and Calvin Klein having to close due to the coronavirus outbreak.
Dow Closes at All-Time Highs as Coronavirus Cases Slow
Feb. 12: The Dow Jones, along with Nasdaq and the S&P 500, closed at an all-time high on Feb. 12 due to news from China that the rate of coronavirus cases was slowing.
Wynn, Las Vegas Sands Upgraded As Coronavirus Concern Lessens
With there briefly being a belief that coronavirus cases were slowing, Bank of America upgraded casino companies Wynn Resorts and Las Vegas Sands.
American Airlines Extends China Flight Ban
Feb. 11: American Airlines extended their flight bans to China and Hong Kong for longer than expected, now stretching into late April.
Big Companies Skipping Mobile World Conference
Major tech companies like Intel, Facebook, Cisco and Sprint are just a few of the companies who have announced their intention to skip Barcelona's Mobile World Conference due to fears of the coronavirus outbreak.
Jerome Powell Testifies in Washington During Coronavirus Concerns
Federal Reserve Chairman Jerome Powell testified in Washington on Feb. 11, where it was expected he would be questioned on the possible economic impact of the coronavirus spread.
Apple Dips as Investors Fear Coronavirus Impact
Feb. 10: Apple started Feb. 10 lower, as investors feared the possible impact the coronavirus outbreak would have on production.
Stocks Close High Despite Rising Coronavirus Toll
Updates on Monday, Feb. 10 to the coronavirus outbreak were being assessed by many as the Nasdaq and S&P 500 each closed on a high.
Foxconn to Remain Closed Amid Outbreak
Foxconn, Apple's iPhone supplier, said they will be closed "until further notice" as the coronavirus outbreak continued to spread.
Tesla Factory in Shanghai Reopens
Officials in China announced they would support Tesla reopening its $2 billion Shanghai factory after a government-ordered shutdown. Shares rose on the news.
Coronavirus Deaths Surpass SARS Deaths
First American Dies of Coronavirus in China
Feb. 8: A 60-year-old American citizen in China was what is believed to be the first American death from the coronavirus.
Fed Warns of Coronavirus Risk to Outlook
The Federal Reserve warned Americans that the coronavirus outbreak posed a great risk to the economic outlook of both the U.S. and the global economy.
Passengers on Royal Caribbean Ship Evaluated for Coronavirus
Four passengers of the Royal Caribbean Anthem of the Seas were taken to a hospital to be evaluated for the coronavirus. Shares of Royal Caribbean fell in response to the news.
VF Shuts Down 60% of Stores in China
Feb. 7: VF Corp., the parent company of Vans, North Face and Timberland, announced that it would be shutting down 60% of its stores in China due to concerns about the coronavirus.
Canada Goose Warns That Coronavirus Will Affect Sales
Parka maker Canada Goose discussed their third quarter earnings on Feb. 7 and warned that the coronavirus outbreak will have an impact on sales and earnings in the near future.
Estee Lauder Trims Full-Year Outlook
AbbVie Rises on Coronavirus Drug Demand
Feb. 6: As people in China and around the world demand a coronavirus vaccine, AbbVie gained on Thursday, Feb. 6 as a potential distributor.
Toyota Cautions Coronavirus Impact for Full Year
Morgan Stanley Claims App Store Could See Coronavirus Boost
Morgan Stanley analysts say that Apple could see a potential boost in App Store usage if people are confined to their homes during an outbreak.
Coronavirus Delays Tesla Model 3 Deliveries
With Tesla's Shanghai plant shuttered, some of its Model 3 deliveries will be delayed. News of the delays had Tesla shares falling.
China Exploring Patent Gilead Drug for Coronavirus
Chinese researchers are exploring a patent for remdesivir, the experimental drug from Gilead Sciences that has potential to combat the coronavirus outbreak.
Dow Futures Surge on Possible Drug Breakthrough
Dow Jones futures were up significantly on Wednesday, Feb. 5 following media reports of a possible breakthrough on a coronavirus drug in China.
Nike Warns That Coronavirus Will Have Material Impact
Nike warned that due to closing about half of its stores in China and operating the other half at reduced hours, the coronavirus outbreak will have a material impact on their profits. Shares slid in the wake of this.
Ralph Lauren Closes Half of China Stores
Feb. 4: Ralph Lauren announced on Feb. 4 that they would be closing half of their stores in China due to coronavirus concerns, but that China sales represent less than 4% of their revenue.
Macau Closes Casinos, U.S. Gaming Stocks Fall
On Feb. 4, Macau announced that they would be closing all casinos in the territory for at least 15 days, causing U.S. gaming stocks to fall in premarket hours.
Former Princess Cruise Passenger Tests Positive
Carnival's Diamond Princess cruise ship had a former passenger test positive for the coronavirus. The ship was quarantined, and Carnival shares fell in response.
Gilead to Help Treat Coronavirus
Macau Gaming Revenue Drops in January
Gross gaming revenue in Macau fell 11.3% in January as concern for the spread of the coronavirus grew, for revenue lower than in 11 of the 12 months in 2019.
China Stocks Fall on Coronavirus Fears
China stocks re-opened after the Lunar New Year break and promptly tumbled 8% - its most in nearly five years - on its first day open since the coronavirus outbreak.
U.S. Imposing Travel Restrictions and Quarantines
Feb. 2: The U.S. announced that they would be imposing stricter travel restrictions and quarantine regulations to help combat and contain the coronavirus outbreak.
Coronavirus Outbreak Taking Toll on Economies, Growth
Jan. 31: Goldman Sachs said U.S. economic growth was forecast to drop 0.4 percentage points in the first quarter due to the impact of the coronavirus outbreak.
TheStreet Talks With Expert Virologist on Coronavirus
As the coronavirus continued to spread, TheStreet spoke with virology expert Ian Mackey about the spread of the virus.
Coronavirus Case Confirmed Near Silicon Valley
On Friday, Jan. 31, the CDC confirmed a case of the coronavirus in Santa Clara County, California. It was the seventh confirmed case in the U.S.
U.S. Declares Coronavirus a Public Emergency
Secretary of Health and Human Services Alex Azar declared the coronavirus a U.S. public health emergency, announcing restrictions on U.S. citizens and foreign nationals entering the country after trips to China.
Dow Falls on Coronavirus Emergency
Stocks finished much lower on Jan. 31 on the news that the U.S. would be declaring the coronavirus a public health emergency and the uncertainty surrounding it.
New York Health Department Denies Report of Coronavirus Patient
The New York Health Department has denied rumors of a confirmed coronavirus case in New York City after it was reported that New York Police Department officers were being warned to protect themselves.
Travel Stocks Hit Hard by Growing Coronavirus Concerns
TripAdvisor, Booking Holdings and Expedia all took hits on Jan. 31 as growing fears of a coronavirus outbreak spreading affects the travel industry.
Carnival Ship Gets All-Clear for Coronavirus Testing
Carnival was trading higher on the morning of Jan. 31 on the news of Italian health authorities giving its docked cruise ship the all-clear as one of its passengers tested negative for coronavirus.
Mixed Coronavirus News Impacts Dow Futures
U.S. equity futures were mixed heading into the Jan. 31 trading period on differing coronavirus news - cautious optimism on China containing coronavirus and two confirmed coronavirus cases in the UK.
WHO Declares Coronavirus a Public Health Emergency
Jan. 30: As the coronavirus continues to spread, the World Health Organization declared the outbreak a "public health emergency of international concern" on Jan. 30.
Hershey CEO Not Expecting Serious Impact
Hershey CEO Michele Buck spoke during their fourth quarter earnings report and said that Hershey's minimal presence in China means she is not expecting much of a revenue impact from the coronavirus outbreak.
Wilbur Ross Says Coronavirus Can Bring Jobs Back to U.S.
Speaking to Fox Business Network, Commerce Secretary Wilbur Ross said he believes the coronavirus outbreak has the possibility to be a boon for job growth in the U.S.
Las Vegas Sands' Macau Operations Down Significantly
Las Vegas Sands is having a major decrease in visits in their Macau operation as a result of the coronavirus outbreak. On Jan. 30 they said visits were down as much as 80%.
What is the Coronavirus?
Unsure of the specifics of the coronavirus? TheStreet has an explainer on the coronavirus, its health and economic impacts and ways to try to stay healthy during an outbreak.
British Airways Cancels February China Flights
British Airways announced on Jan. 30 that to try and control a spread of the coronavirus it would be canceling all of its scheduled flights to China at least through February.
Carnival Reports Suspected Coronavirus Patient on Ship
Carnival announced on Jan. 30 that one of its cruise ships in Italy was being investigated for potentially having a case of coronavirus on board.
Fed Monitoring Coronavirus But Holding Line on Rates
Jan. 29: In a unanimous decision on Jan. 29, the Federal Reserve's interest rate-setting policy committee elected not to change benchmark interest rates, but would continue to monitor the coronavirus outbreak and its economic impact.
Johnson & Johnson Say They're Working on Coronavirus Vaccine
Johnson & Johnson released a statement on Jan. 29 that they would be working with public organizations in an effort to create a vaccine for the coronavirus.
Apple Monitoring Coronavirus Impact
Though Apple's first quarter earnings report was a positive one in the immediacy, CEO Tim Cook said they are monitoring the situation closely and gave a wide range of revenue estimations due to uncertainty surrounding the coronavirus.
Trump Administration Considers Ban on China-U.S. Flights
The Trump Administration was reportedly considering a temporary ban on all flights between the U.S. and China in an effort to contain the spread of the coronavirus.
Starbucks Anticipating Material Impact from Coronavirus
Jan. 28: In addition to reporting its first quarter fiscal report, Starbucks said on Jan. 28 that it has closed over half of its stores in China and is expecting a material impact from the outbreak.
3M Increasing Face Mask Production in Response to Outbreak
In response to the coronavirus outbreak and public health outcry, 3M Co. is ramping up production of protective face masks as demand increases.
Analyst Says Starbucks Most Exposed to Losses
Analyst Matthew DiFrisco told investors that Starbucks has the most exposure to losses from the coronavirus outbreak, ahead of fellow chains McDonald's and Domino's Pizza.
Energy Company Shares Fall on Oil Concerns
Jan. 27: Concho Resources and Chevron were just some of the energy companies who struggled on Jan. 27 as crude oil prices fell on coronavirus concerns.
Analyst: Coronavirus Could Impact Technology Hardware Stocks
Financial analyst Mehdi Hosseini wrote that while the coronavirus outbreak could have a direct negative impact on Universal Display, but a positive impact for Western Digital.
Estee Lauder Downgraded Due to Coronavirus
Oppenheimer analysts downgraded Estee Lauder stock on Monday, Jan. 27 as part of coronavirus fallout, causing shares to fall.
Clorox Rises As Stock Likely to Gain From Outbreak
Clorox was one of the few stocks to see a bump directly from the coronavirus outbreak, after Jim Cramer pointed to the household cleaner supplier as a stock likely to gain.
J&J Confident in Vaccine Development
Johnson & Johnson's science chief said on Jan. 27 that they were confident in the company's ability to develop a coronavirus vaccine, as Credit Suisse boosted the company's price target.
AbbVie HIV Drugs Being Tested as Possible Antidote
Chinese authorities were testing a mix of AbbVie drugs used to treat HIV patients to see if they could be used as a potential antidote against the coronavirus.
Wynn Resorts Falls After Coroanvirus-Based Downgrade
Concerns on the spread of the coronavirus led to a Bank of America analyst downgrading Wynn Resorts on Jan. 27, sending shares down 6.7%.
Oil and Copper Prices Slump
Global oil prices hit a three-month low on Monday, Jan. 27 as the coronavirus outbreak continued to have an impact, while copper prices hit a two-month low.
China Warns of 'Grave Situation'
Jan. 26: The coronavirus death toll in China was reported as 56 on Sunday, Jan. 26, one day after China's President Xi Jinping referred to the outbreak as a "grave situation." On Friday, Jan. 24, it had been reported that China had 41 confirmed fatalities and nearly 1,300 reported cases of the coronavirus.
McDonald's Halts Operations in Five Cities in China
McDonald's has halted operations in five cities in China in response to the coronavirus outbreak. All five cities are in the Hubei province.
Stocks Affected by Second Confirmed U.S. Coronavirus Case
Jan. 24: The CDC confirmed a second case of coronavirus in the U.S. in Chicago and stocks fell, finishing lower on Friday, Jan. 24.
Shanghai Disneyland Closes to Try and Contain Coronavirus
Disney announced on Friday, Jan. 24 that Shanghai Disney Resort would close the next day in an effort to try and contain the growing coronavirus outbreak.
Coronavirus Cases Rise to 830
Jan. 23: The Chinese National Health Commission said on Jan. 23 that the number of confirmed coronavirus cases had risen to 830, with the number of deaths at 25.
Yum China Falls on Fear of Sales Slump
Yum China fell 5.3% on Thursday, Jan. 23 as investors showed concern that the coronavirus outbreak could cause a significant decline in sales.
Macau Casino Companies Drop
Las Vegas Sands, Wynn Resorts and Melco Resorts all fell on Jan. 23 on news that the Macau region wasn't ruling out shutting them down to contain the outbreak.
Moderna and National Institutes of Health Working on Vaccine
Jan. 22: Moderna announced on Wednesday, Jan. 22 that it would be working with the National Institutes of Health to attempt to develop a coronavirus vaccine.
Morgan Stanley Downgrades Las Vegas Sands
Jan. 21: Morgan Stanley analyst Thomas Allen downgraded Las Vegas Sands due to growing concerns of the coronavirus outbreak, sending the stock falling on Jan. 21.
First U.S. Coronavirus Case Sends Stocks Lower
The first confirmed coronavirus case in the U.S., in Washington state, and fears surrounding it played a large role in stocks falling sharply on Tuesday, Jan. 21.