While America's largest auto plants have not been impacted by the COVID-19 pandemic yet, supply chain shortages and confirmed cases in Michigan add to concerns that it's not a matter of if but when U.S. operations are impacted.
U.S. stocks are tumbling as the World Health Organization declares the coronavirus a global pandemic, and market commentators are closely tracking the volatility.
The sentence was less than the maximum 29 years sought by prosecutors but could amount to an effective life sentence for the 67-year-old Weinstein, who has been in apparently frail health.
The White House has ordered federal health officials to treat top-level coronavirus meetings as classified, an unusual step that has restricted information and hampered the U.S. government's response to the contagion, according to four Trump administration officials.
Economists say European Central Bank President Christine Lagarde may have to sacrifice "unity" among the ECB's members in order to counter the coronavirus.
Jim O'Neill, the chair of U.K. think tank Chatham House, on Wednesday commended the "fast, aggressive" Chinese response to the coronavirus outbreak, suggesting western countries should follow suit.
The European Union could face a financial crisis similar to the global crash of 2008 if governments don't coordinate to tackle the coronavirus, the ECB President Christine Lagarde has reportedly said.
Italy's Prime Minister Giuseppe Conte announced the government will set even more money aside to tackle the outbreak, raising spending to $28.3 billion.