Coronavirus Updates: Stocks Drop, Travel Restrictions Spread, Airlines Struggle, Princess Cruises Canceled - WSJ.com

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Coronavirus Updates: Stocks Drop, Travel Restrictions Spread, Airlines Struggle, Princess Cruises Canceled - WSJ.com
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The NCAA canceled its marquee men's and women's basketball tournaments and Disneyland is shutting down. Follow our live coronavirus updates.

as businesses are battered by coronavirus, economists said.

The U.S.'s decision to ban most travel from 26 European countries, the cancellations of conferences, concerts and sporting events, and the fact that oil producers are being slammed by lower oil prices raise the odds the record-long expansion will end in the coming months, economists said.“We are going into a global recession.

The company said there had been no reported cases of the disease caused by the novel coronavirus at the park in Anaheim, Calif., but that it would close starting Saturday through the end of the month. “We will monitor the ongoing situation and follow the advice and guidance of federal and state officials and health agencies,” the company said. “Disney will continue to pay cast members during this time.”

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