This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks.
- Global cases: More than 1,949,200
- Global deaths: At least 123,348
- US cases: More than 584,000
- US deaths: At least 24,485
The data above was compiled by Johns Hopkins University.
3:05 pm: Cisco will let customers defer 95% of their payments on new products until 2021
Cisco announced a financing program that will let customers defer 95% of their payments for new products until 2021. Cisco is committing $2.5 billion to cover financing for the effort.
The offerings could help customers preserve cash amid reduced economic activity while people stay at home to avoid further spread of the coronavirus. Then, once conditions have improved, they’ll be in a better position to pay what they owe.
Cisco customers won’t have to pay for software, hardware or services they buy for 90 days, so long as orders are placed…
