Ashford CEO Monty Bennett says America’s hotel industry might need 18 months to recover from coronavirus crisis. Source
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Dow closes below 20,000, wiping out nearly all gains under Trump
Stocks have crumbled in just three weeks, beaten down by mounting investor concerns over the coronavirus. Source
5 things I learned from Dr. Lisa Damour
Dr. Damour told “CBS Evening News” anchor Norah O’Donnell that the coronavirus outbreak has been “hard on all of us, and especially hard on people who may have already been suffering.” Source
Automakers to shut down plants, idling more than 150,000 workers
Ford, GM, Fiat Chrysler, Honda and Toyota said they will temporarily close most all their North America factories. Source
NYSE temporarily closing trading floor to stem spread of virus
Wall Street’s “Big Board” will move to all-electronic trades as a precaution after 2 people tested positive for COVID-19. Source
Psychologist shares tips for managing coronavirus anxiety
In a poll released Wednesday, nearly a third of American adults said their emotional well being had gotten worse because of the pandemic. Source
Travel industry hit hard by coronavirus
The coronavirus pandemic is taking a mounting toll on the U.S. economy. Auto factories are shutting down, hotels are empty, and the U.S. travel association warned more than four and a half million jobs could be lost by the end of the April. Jamie Yuccas reports. Source
Surge in unemployment claims is crashing government websites
Many states are dealing with unprecedented wave of jobless applications as coronavirus shutters hundreds of businesses. Source
Trump closes the border to Canada
President Trump is closing the U.S.’ northern border and calling himself a “wartime president,” invoking emergency powers to spur production of vital medical supplies. The president says a worst-case scenario could bring unemployment levels not seen since the Great Depression. Ben Tracy reports. Source
“CBS Evening News” headlines for Wednesday, March 18, 2020
Here’s a look at the top stories making headlines on the “CBS Evening News with Norah O’Donnell.” Source