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A coronavirus information poster outside a restroom at the American Airlines Arena on Wednesday in Miami. Photo: Michael Reaves/Getty Images

The NBA suspended all games Wednesday evening until further notice in response to the novel coronavirus outbreak after a Utah Jazz player returned a positive result for the virus in a preliminary test.

Why it matters: It's the latest in a wave of event cancellations as organizations seek to limit large gatherings over the global pandemic.

Details: The test result was reported just before Wednesday's game between the Oklahoma City Thunder and the Jazz, after which the game was subsequently canceled, the NBA's statement said.

  • "The affected player was not in the arena," the NBA added.
  • Neither the Utah Jazz nor the NBA identified the player, but the official injury report lists the team's players Rudy Gobert and Emmanuel Mudiay as out due to "injury/illness."

Of note: The National Hockey League said a statement that it's "aware of the NBA’s decision tonight to indefinitely suspend its season due to a player testing positive" to the virus.

  • "The NHL is continuing to consult with medical experts and is evaluating the options," the statement said. "We expect to have a further update tomorrow."

The big picture: There are more than 126,000 cases in over 100 countries and territories with more than 4,600 deaths. The U.S. has more than 1,300 cases as of 11pm ET.

Go deeper:

Editor's note: This article has been updated with new details throughout.

Go deeper

Dan Primack, author of Pro Rata
7 mins ago - Economy & Business

Merger Monday has been overrun by SPACs

Illustration: Aïda Amer/Axios

Five companies this morning announced plans to go public via reverse mergers with SPACs, at an aggregate market value of more than $15 billion. And there might be even more by the time you read this.

The bottom line: SPAC merger activity hasn't peaked. If anything, it's just getting started.

Moderna says vaccine appears to protect against new COVID-19 variants

Photo: Justin Tallis/AFP via Getty Images

Moderna's COVID-19 vaccine is effective against new variants of the virus that first appeared in the U.K. and in South Africa, the company announced on Monday.

Yes, but: The vaccine was as effective against the strain from U.K., but saw a six-fold reduction in antibodies against the South Africa variant. Even still, the neutralizing antibodies generated by the vaccine "remain above levels that are expected to be protective," according to the company.

Dave Lawler, author of World
Updated 1 hour ago - World

Xi Jinping warns against "new cold war" in Davos speech

Chinese President Xi Jinping. Photo: Wang Zhao - Pool/Getty Images

Chinese President Xi Jinping warned that a "new cold war" could turn hot, and must be avoided, in a speech on Monday at World Economic Forum’s virtual “Davos Agenda” conference.

Why it matters: Xi didn't refer directly to U.S.-China tensions, but the subtext was clear. These were his first remarks to an international audience since the inauguration of President Biden, whose administration has already concurred with Donald Trump's determination that China is committing "genocide" against Uyghur Muslims, and issued a warning about China's aggression toward Taiwan.

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