Marketplace Morning Report

The coronavirus hit in Asia is bigger than expected. How the epidemic’s expansion is affecting the auto and airline industries in China. One CEO who’s juggling the current challenges that come with doing business between the U.S. and China.

On streaming sites, political ads aren’t always required to disclose who paid for them. How coronavirus is hitting inmates of China’s prison system. What we can learn from Tokyo about affordable housing.

Services sectors remain somewhat resilient, while manufacturing is struggling with supply-chain disruption from China’s coronavirus outbreak. No India-U.S. trade deal expected on President Trump’s imminent visit. Will steel jobs lost in North East England during the 1970s ever come back?

Home construction ticked up in January. What coronavirus and a jump in the price of acetaminophen in India mean for the world’s largest generic drug exporter. Plus, a look at economic equality through the “veil of ignorance.”

L Brands prepare to sell control of Victoria’s Secret at a $1.1-billion valuation. ViacomCBS reports its earnings for the first time since a December merger. And the Beatles teach us something about taxes and unintended economic consequences.

From the BBC World Service… EU leaders meet to work out the bloc’s budget, without the $10 billion contributed by the UK. Acetaminophen prices jump 40% in India. Plus, gold trading is removed from the UK’s official trade statistics.

The European Union issues proposed rules on artificial intelligence that will have far-reaching implications for tech giants like Facebook, Google and Amazon. The rise in home-building permit applications shows developers are confident about the future. How social media is helping fuel coronavirus fears. Plus, Photoshop has changed the media landscape over the last 30 years, for better and worse.

China says coronavirus cases are falling, and that’s probably thanks to residents near the outbreak’s epicenter forgoing travel. Black homeownership ticks up slightly, but it’s still way lower than it should be. Plus, a primer on Michael Milken, the former “junk bond king” whom President Trump just pardoned.

From the BBC World Service…The European Commission is expected to unveil new proposals for more oversight over tech giants like Google, Facebook and Amazon. Plus, how do perceptions of risk factor into the impact of events like the coronavirus outbreak?

We’re getting the first official numbers on the coronavirus’ impact on global business. The Boy Scouts of America face bankruptcy amid hundreds of lawsuits over sexual abuse. Plus, some credit cards are offering great perks with commensurate annual fees.