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Aired On Thursday, February 27, 11 AM, On KCBS All News.

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KCBS All News

Automatic TRANSCRIPT

Fifty five and here's your money watch update this is a Bloomberg money minute looks like we're headed for a lower open again on coronavirus fears U. S. health authorities said they found the first case of the virus that does not have ties to a known outbreak in this was out in California the stock market in the US has lost more than two trillion dollars in value over the past five sessions Dow futures down more than two hundred points this morning and crude oil is sliding lower by two percent back under forty eight dollars a barrel on demand concerns the owner of the Priceline travel website just delivered a bleak outlook for the first quarter as the coronavirus puts a damper on global travel booking holdings said room night reservations would drop five to ten percent the world's biggest brewer Anheuser Busch InBev is cutting its CEO's bonus and forecasting the steepest decline in quarterly profit in at least a decade as the corona virus puts a damper on bar hopping and highs are bush makes Budweiser Gina survey Bloomberg radio to buy your home you became a house hunting.