Sign up for our daily briefing
Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.
Catch up on the day's biggest business stories
Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter
Stay on top of the latest market trends
Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.
Sports news worthy of your time
Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.
Tech news worthy of your time
Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.
Get the inside stories
Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Want a daily digest of the top Denver news?
Get a daily digest of the most important stories affecting your hometown with Axios Denver
Want a daily digest of the top Des Moines news?
Get a daily digest of the most important stories affecting your hometown with Axios Des Moines
Want a daily digest of the top Twin Cities news?
Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities
Want a daily digest of the top Tampa Bay news?
Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay
Want a daily digest of the top Charlotte news?
Get a daily digest of the most important stories affecting your hometown with Axios Charlotte
Sign up for Axios NW Arkansas
Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters
Photo: An Apple employee wears a protective mask in an Apple Store showroom on Feb. 1 in Beijing, China. Photo: Kevin Frayer/Getty Images
Starbucks, Apple and McDonalds are among the American companies temporarily shuttering stores throughout China as the coronavirus affects thousands within the country.
The state of play: Apple announced Saturday that it is closing all 42 retail stores in China, as well as corporate offices and contact centers through Feb. 9, the Financial Times reports. The company said it hopes to reopen stores "as soon as possible."
- Starbucks said it closed more than half of its retail locations in China in a Tuesday company earnings release, noting the move "is expected to be temporary." The coffee chain said the closure is expected to affect second quarter and full fiscal year earnings.
- McDonald's also said it shut stores in Wuhan, the epicenter of the coronavirus outbreak, and surrounding cities that remain on lockdown with suspended transportation, the Wall Street Journal reports.
Go deeper: Coronavirus fears start to weigh on global business, stock markets