CNBC Business

McDonald's on Monday is asking its U.S. franchisees to close their dining rooms as the company responds to the coronavirus outbreak.

While the federal government weighs closing restaurants and bars amid the coronavirus outbreak, restaurant companies and nine states are already closing dining rooms.

"I don't see how we get through this without wide-scale systemic solutions," said one top-tier investor. "We're going to have to rewrite the rules to get to the other side."

General Motors and Ford Motor are offering new vehicle financing programs to spur sales amid the coronavirus outbreak negatively impacting consumer confidence and dealer showroom traffic.

With the novel coronavirus causing Americans to stay home and avoid crowded spaces — such as motor vehicle departments — a least two states are asking the federal government to push off the Oct. 1 enforcement date for when passengers must present identification at airport security checkpoints that complies with "Real ID" requirements.

Members of the task force created to address the deadly coronavirus outbreak are expected to hold a press briefing Monday at the White House as authorities take drastic measures to slow the spread of the disease.

New York City Mayor Bill de Blasio is holding a press conference to update the public on the coronavirus outbreak that has infected at least 300 people in the city.

Athletes and coaches from a dozen different sports are participating, including Stephen Curry, Shaun White, Sir Nick Faldo, Michael Phelps, Jimmie Johnson, David Ortiz and Simone Biles. Each athlete is raising money for a specific charity, and fans who donate are eligible to win an item signed by the athlete.

Major retailers across the U.S. are closing down or cutting hours in response to the coronavirus outbreak.

Tedros didn't single out any one country, but state and local leaders in the U.S. have criticized the Trump administration and CDC for limiting who could get tested in the U.S.

Boris Johnson, the prime minister of the U.K., said that people should start working from home "where they possibly can."

The NHL joined the NBA in allowing its players to travel outside of club cities as the coronavirus continues to halt the sports injdusty.

The proposal from the 2012 Republican nominee for president came as the White House and Congress work to reach an agreement over the necessary stimulus measures to contain the unfolding economic crisis.

A broad EU ban on incoming travelers would further isolate regions as governments fight the spread of the coronavirus.

Fiat Chrysler and French automaker PSA Group are ending production at many European plants through March 27 due to the coronavirus.

Apple gets a record fine while a slew of stocks take hits amid coronavirus fears.

The NFL draft will still be televised, even though the public, in-person event in Las Vegas has been canceled.

First Lady Melania Trump's cancellation of the White House Easter Egg Roll came days after President Donald Trump declared a national emergency due to the coronavirus pandemic.

"When we're going to have a real problem is when cases hit their apex and descend on the health-care system and we will not have enough hospital beds," New York Gov. Andrew Cuomo said.

European markets slid on Monday as much of the region went into shutdown mode to prevent the spread of the new coronavirus.