March 3 coronavirus news

Google is canceling its biggest event of the year because of concerns about the coronavirus.

The 2020 edition of Google I/O, an annual developer conference originally scheduled for May 12-14 at Google's Mountain View, California headquarters, will no longer take place, the company confirmed on Tuesday. 

People who have already purchased tickets for the conference will receive a full refund by March 13 and will not have to re-register to buy a ticket for I/O 2021, Google said on the conference website. 

Other conferences: The annual developer event is the latest in a rapidly growing list of tech events that have been shelved because of the coronavirus, which has killed more than 3,100 people around the world, including nine in the US. 

Facebook canceled two conferences in recent weeks, including its biggest annual event, F8, weeks after the Mobile World Congress in Barcelona was also canceled. Companies like Microsoft and Apple have said the virus could result in a hit to their sales.

Ireland has confirmed a second novel coronavirus case, the chief medical officer for Ireland Dr. Tony Holohan said at a press conference Tuesday.

According to Holohan, the second case is that of a woman in the Eastern part of Ireland, and is associated with travel to Northern Italy.

US stocks ended sharply lower after an eventful trading session today, just one day after all major indexes rallied higher.

The Federal Reserve delivered an emergency half-percentage point rate cut in the morning to stave off the coronavirus fallout. It was the first emergency cut since 2008. Stocks initially rallied but then sold off again, as investors weighed just how at risk the US economy really is.

Here's where the markets ended up today:

Elsewhere, the 10-year Treasury bond yield dropped below 1% for the first time in history this afternoon.

The novel coronavirus, a cousin of the severe acute respiratory syndrome (SARS) virus, has symptoms that include a runny nose, cough, sore throat, possibly a headache and maybe a fever, which can last for a couple of days.

For those with a weakened immune system, the elderly and the very young, there's a chance the virus could cause a lower, and much more serious, respiratory tract illness like pneumonia or bronchitis.

North Carolina health officials are working to identify anyone who may have been exposed to coronavirus after a Wake County resident has tested positive for the virus.

The resident traveled from Washington state after visiting the Kirkland nursing facility there that is at the center of a coronavirus outbreak, state officials said in a news conference.

Officials said the person is doing well and is in isolation at home.

They did say the person traveled back to North Carolina via airplane.

Health officials also said they are looking into anyone that may have came in contact with the person on the airplane, at the airport or once they returned to the state.

Currently, this is the state’s first and only case of coronavirus.

The World Bank on Tuesday announced up to $12 billion in support for the more than 60 countries affected by the coronavirus.

According to a release, the international financial institution said the package aims to help member countries respond and “lessen the tragic impacts" of coronavirus, also known as covid-19.

There are now 118 cases of the novel coronavirus, including nine deaths, in the United States, according to the US Centers for Disease Control and Prevention, as well as state and local governments.  

According to the CDC, there are 48 cases from repatriated citizens. According to CNN Health’s tally of US cases that are detected and tested through the US public health systems, there are 70 cases in 13 states.

This includes presumptive positive cases that tested positive in a public health lab and are pending confirmation from the CDC, and confirmed cases that have received positive results from the CDC.

Here's a breakdown of the US cases by state:

At least nine people have died from coronavirus in Washington state.

Eight people have died in King County, Department of Health officials said. There's a total of 21 cases in the county.

Earlier, one person in Snohomish County died. The county has had six cases.

President Trump said today that the administration is " looking at other countries that have been badly affected" and is considering cutting off travel to those locations.

"We don't want to do that, but we're looking at other countries and we're being very stringent," he said.

Asked what countries they are looking at, Trump said, "We're watching Italy very closely, South Korea very closely, even Japan very closely, and we'll make the right determination at the right time."