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Asian stock markets, US futures drop after Fed’s rate cut

Asian stock markets and U.S. futures fell Monday after the Federal Reserve slashed its key interest rate to shore up economic growth in the face of mounting global anti-virus controls that are shutting down business and travel.

Coronavirus vaccine trial starts Monday

Public health officials say it will take a year to 18 months to fully validate any potential vaccine.

Starbucks closing some cafes, embracing to-go model

Starbucks says it’s moving to a to-go model for all its stores in the U.S. and Canada for at least two weeks over concern about the new coronavirus.