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Travel Warnings, Caterpillar Gloom, Car Output: Virus Impact

Jan. 31, 2020, 4:37 PM

The number of Chinese provinces that will stay shut for another week has widened as China tries to contain a coronavirus outbreak. At least two-thirds of the economy is now on extended idling, including regions that are home to a newly-built Tesla Inc. plant, Nike Inc. factory and a large Foxconn plant that makes Apple Inc. iPhones.

Caterpillar Inc., a worldwide barometer for manufacturing, provided a downcast outlook for 2020 on Friday, adding it is monitoring the virus closely. Automakers probably will dial back production by 15% in China this quarter due to the extended holiday shutdowns, a top supplier ...

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