The Associated Press
The spread of the new coronavirus around the world is hitting companies hard as they suspend production, meetings, events and business travel. Here's a look at the latest developments:
MARKETS: Markets are down sharply again. The Dow and S&P were down over 2.5% in afternoon trading and Treasury yields dropped to record lows, a sign of caution among traders. After a mixed day in Asia, investors sold off shares more aggressively in Europe, where indexes were down over 3%. Shares in airlines were down as much as 10%.
FACEBOOK GATHERING: Facebook says it is canceling F8, its annual conference for developers. The show is usually held in late April or early May in the San Francisco area. The company says it is planning other ways for its developer community to get tog
