Noah Zivitz

Managing Editor, BNN Bloomberg

Archive

U.S. futures and European indices are sliding this morning amid mounting concern about the coronavirus outbreak. China is reporting at least 80 deaths and almost 3,000 confirmed cases of the respiratory illness and government officials are extending the Lunar New Year holiday as part of their containment efforts. Meanwhile, Ontario just reported a second presumptive case of the virus and the U.S. Centers for Disease Control and Prevention said there’s now five cases in America. As fear drives market sentiment, it’s important to point out that Canadian officials say risk to the public is low.

HOW KOBE MADE HIS MARK IN BUSINESS

Jon Erlichman has shared his unique perspective on how Kobe Bryant applied some of the same skills that made him an NBA legend to his off-court life in business, including as co-founder of a venture capital firm. Jon had the good fortune of speaking with Kobe on a couple of occasions. Check out his takeaways from those conversations here.

PARLIAMENT RESUMES

Lawmakers return to the House of Commons today with a business-heavy agenda awaiting them. The new North American Free Tree Agreement requires ratification, and the governing Liberals face key decisions on issues like Teck Resource’s Frontier oil sands project and Huawei’s role in the buildout of Canada’s 5G networks. Amanda Lang will address the outlook with former ambassador Frank McKenna in Bloomberg Markets.

OTHER NOTABLE STORIES

-We’ll keep an eye on shares of Quarterhill today after its Wi-Lan unit was awarded US$85.2 million stemming from a patent-infringement case against Apple.

-Casper Sleep is aiming to raise up to US$159 million in its initial public offering after setting the price range at US$17-$19 per share.

NOTABLE RELEASES/EVENTS

-Notable data: U.S. new home sales

-11:30 a.m. ET: Ontario health officials provide update on coronavirus

-3:00 p.m. ET: Alberta premier Jason Kenney announcement in Calgary on next steps for Alberta Indigenous Opportunities Corp.

Every morning BNN Bloomberg's Managing Editor Noah Zivitz writes a ‘chase note’ to BNN Bloomberg's editorial staff listing the stories and events that will be in the spotlight that day. Have it delivered to your inbox before the trading day begins by heading to www.bnnbloomberg.ca/subscribe.