As the risks of the coronavirus outbreak continue to rise, U.S. officials are wrestling with what to do in the worst-case economic scenarios, if large numbers of people can't go to work, are told to stay home, or stop going out in public entirely.
The Federal Aviation Administration on Friday proposed fining Boeing Co $19.7 million for allegedly installing equipment on hundreds of 737 aircraft containing sensors that were not approved for that equipment.
Brent slid to its biggest daily loss in more than 11 years on Friday after Russia balked at OPEC's proposed steep production cuts to stabilize prices hit by economic fallout from the coronavirus, and OPEC responded by removing limits on its own production.
United Arab Emirates discovered late on Friday 15 new coronavirus cases, the health ministry announced in a statement.
Costa Rica's government on Friday said it confirmed its first case of coronavirus, in a 49-year-old woman from the United States who is in the Central American nation with her husband.
The number of people infected with coronavirus surpassed 100,000 across the world as the outbreak reached more countries and intensified economic damage, with business districts beginning to empty and stock markets tumbling.
U.S. stocks fell on Friday as fears of economic damage from the spread of the coronavirus intensified, though Wall Street's major indexes ended well above their session lows
The Trump administration is weighing tax relief for airline, cruise and travel industries to help such companies cope with a growing coronavirus outbreak that has dried up bookings, a source familiar with the plan said on Friday.
Bank of America Corp is asking clients about their coronavirus contingency plans as part of its evaluation process of which deals to underwrite, according to sources.
Bank of America Corp is asking clients about their coronavirus exposure and preparations as part of its evaluation process of which deals to underwrite, according to sources.
A U.S. House investigative report into two fatal Lion Air and Ethiopian Airlines crashes on a Boeing 737 MAX faulted the Federal Aviation Administration's (FAA) approval of the plane and Boeing's design failures, saying the flights were "doomed."
A second patient in England who tested positive for coronavirus has died, England's Chief Medical Officer Chris Whitty confirmed on Friday.
U.S. stocks fell on Friday as fears of economic damage from the spread of the coronavirus intensified, though Wall Street's major indexes ended well above their session lows.
Virtu's Vincent Viola told CNBC's Scott Wapner on "Halftime Report" that the labor market showed that the U.S. economy was still strong.
"Long-term investors should think seriously about buying these dips," National Economic Council Director Larry Kudlow told CNBC.