Apr 18, 2017

Verizon CEO says no "meeting of the minds" yet for big acquisition

David McCabe

Mel Evans / AP

Verizon CEO Lowell McAdams was on CNBC this morning, and said that while "shareholders expect us to look at every option" when it comes to a possible major acquisition the company has not "seen the architectural fit and we haven't seen a willing seller and a willing buyer that have a meeting of the minds." The company hasn't yet pursued a deal like AT&T's proposed purchase of Time Warner, but has reportedly eyed cable giant Charter Communications.

What's next: Limitations on conversations between wireless carriers involved in a major FCC airwaves sale end next Thursday evening, so look for mergers and acquisition talk to pick up steam then.

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WHO won't call coronavirus a pandemic as cases spread

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens.

The World Health Organization will not yet call the coronavirus a pandemic, claiming that needs across affected countries are too varied and the classification would increase fear, per a briefing Monday.

The big picture: As South Korea and Italy stepped up emergency measures in efforts to thwart the spread of the virus, WHO expressed concern about infections with no clear link to China. COVID-19 has killed at least 2,620 people and infected almost 80,000 others, with all but 27 deaths occurring in mainland China.

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Dave Lawler

The global scramble to contain the coronavirus

Taking precaution, in the Philippines. Photo: Ezra Acayan/Getty Images

The coronavirus is spreading quickly in cities nowhere near Wuhan, China, and the window to prevent a global pandemic is narrowing.

Zoom in: Here's a look at what comes with a coronavirus outbreak in communities outside China that have been hardest hit so far.

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