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Company Profit Warnings Signal Virus Already a Global Crisis

  • Philips, United Airlines join list of firms hit by outbreak
  • Crisis becomes a concern for almost any international industry
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For big business, the impact of the new coronavirus epidemic is exacting a growing toll worldwide.

Mastercard Inc. and United Airlines Holdings Inc. emerged as the latest companies to warn that sales and profit are getting hurt as the epidemic spreads meaningfully beyond its center in China’s Hubei province. Growing outbreaks are emerging in other parts of Asia and in Europe.