Europe feels the squeeze over Huawei

Huawei CEO
Huawei CEO Ren Zhengfei. Photo: Fabrice Coffrini/AFP via Getty Images

European countries are caught in the middle of dueling pressure campaigns from the U.S. and China over whether to let equipment made by Chinese manufacturer Huawei into their 5G networks.

Why it matters: It's a "damned if you do, damned if you don't" choice that could leave Europe alienating a major trading partner either way.

Coronavirus outbreak in China claims 17th victim

People in Guangzhou, China, wearing masks on public transportation
People in Guangzhou, China, wearing masks on public transportation. Photo: Stringer/Anadolu Agency via Getty Images

17 people have died from an outbreak of a new coronavirus strain that originated in Wuhan, China, in early January, the New York Times reports. CDC officials said Tuesday there's one case in Washington State.

Why it matters: Health officials confirmed that the pneumonia-like virus can be passed person-to-person, raising the prospect of more cases emerging this week as millions begin traveling across the country for the annual Lunar New Year holiday.