Restaurants, cafes and concert venues are getting pummeled as coronavirus forces social distancing

on Thursday, before rallying to close the week, as investors feared the prevalence of "social distancing" will result in an economic shutdown.

Since the middle of January, foot traffic has dropped between 75% and 80%, Chan said. Last week, CNBC spent two hours with Chan at the store, starting at its 9 a.m. opening. During that time, only a dozen visitors entered.in the U.S. had topped 1,700, and deaths exceeded 40. California had the third-highest number of cases by state, behind Washington and New York.

Binioris, who's been managing the restaurant for about eight years, said he normally serves a lot of students from nearby Columbia University, but much of that business could disappear now that the college has gone tofor the time being. Another source of traffic is tourists, mostly from Europe, who come to the neighborhood to visit the Cathedral of St. John the Divine. Not anymore.

"The complicated thing is, if they get sick, they're going to have to show physician support for that illness. But if the hospital system is backed up to the point that they can't get tested and they can't get treatment, then how can I file my paid sick leave complaint?" he said. "I will honor their paid sick leave but it's not going to be easy. It's not going to be clear. Things are going to be very confusing.

But while A1 Market and Lytt are the types of businesses that can manage through a health crisis, the broader economic picture is gloomy.of more than 1,000 people through March 31, effecting largely sporting events and concerts. For Another Planet Entertainment, the news was devastating.

Once the bailouts, money printing, debt monetizations are done...it’ll all just miraculously disappear. If you want the real truth, follow the money and you’ll see how you’ve been duked

Translation: Karma has its way...... SoMuchWinning

Not to mention the brutal reduction in bookings & lack of income at international hotel chains: such as the Trump empire! Poor Donald, so many pressures, both presidential & family business brought on by this ever expanding global pandemic which is completely out of his control!

should maybe start learning to code..

Exactly. This is an huge overreaction, and it sucks.

I have a family member who runs a Longhorn. He says business is down 2/3rds

Thanks Trump

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