The World Health Organization declares covid19 a pandemic so far, there are over 120,000 cases in over 114 countries. With over 4,300 deaths shocking news in the entertainment world, hollywood legend tom hanks and his wife rita wilson reveal that they have both tested positive for the coronavirus. Hared the news. He said they felt a bit tired, like they had colds and some body aches he said rita had some chills that came in wet, slight fevers as well. As for whats next, the couple is now in isolation and are being quarantined in australia centuries old tradition in peril, the st. Patricks day in new york was postponed for the first time in 258 years. The event was cancelled in chicago, as boston and dublin also drop the festivities. Meanwhile, in new york, the state is taking matters into its own hands hiring private labs to help with testing. More than 200 people have tested positive so far in new york. And millions of americans could get a tax break. The feds are reportedly considering pushing back next months filing deadline to give taxpayers a break as they grapple with this virus. Starbucks experience could be changing the companys reportedly preparing to modify store operations and could be switching to mobile orders and drivethrough only and the basketball world, including mark cuban, rocked when the nba announced it will be suspending its season until further notice after utah jazz player tested positive for the coronavirus. Meanwhile, the ncaa ma made the unprecedented decision to continue with march madness at all venues but without fans in the arenas. President trump announced that the u. S. Is banning foreign travelers from europe as a precaution however, u. S. Citizens are exempt during a Rare Oval Office address, the president outlined the new travel restrictions and economic measures to combat the crisis nbcs tracie potts join us us with the layest from d. C tracy, the president also hinted at other measures as well. He is asking for billions of dollars from congress for Small Business loans he wants to defer tax payments but that travel ban from europss over the next 30 days or will be in place for the fleknext 30 das it will not include the uk but President Trump says for the most part, he doesnt think europe has taken precautions to prevent that virus from coming here. The European Union failed to take the same precautions and restrict travel from china and other hot spots. As a result, a large number of new clusters in the United States were seeded by travelers from europe. We will be suspending all travel from europe to the United States for the next 30 days the new rules will go into effect friday at midnight. There will be exemptions for americans who have undergone appropriate screenings and these prohibitions will not only apply to the tremendous amount of trade and cargo, but various other things as we get approval anything coming from europe to the United States is what we are discussing these restrictions will also not apply to the united kingdom. At the same time, we are monitoring the situation in china and the south korea. I will soon be taking emergency action, which is unprecedented, to provide financial relief. This will be targeted for workers who are ill, quarantined, or caring for others due to coronavirus. Effective immediately, the sba will begin providing economic loans in affected states and territories. I am asking congress to increase funding for this program by an additional 50 billion using emergency authority, i will be instructing the Treasury Department to defer tax payments, without interest or penalties, for certain individuals and businesses negatively impacted. And calling on congress to provide americans with immediate payroll tax relief hopefully, they will consider this very strongly now, while the president focuses on the overall Financial Impact here and the Financial Impact as he said to families, democrats say they have a package of measures that are specifically family and worker focused. You will hear more about that today. Theyre talking about paid sick leave, free testing that you were mentioning earlier. Unemployment insurance and food aid for people without paychecks. Democrats plan to bring that to the house floor for a vote today. Back to you. Besides the worry of getting sick, there is that worry, too, of that kind of impact tracie, thank you. President trumps Coronavirus Response did little to inject confidence on wall street. Dow futures are deep in the red again after last nights speech failed to quell concerns about an economic slowdown stocks are hemorrhaging in the wake of the outbreak the dow plummeting nearly 6 , entering baremarket territory and capsizing the historic 11year bull run the other major indices arent faring any better, either. Nbcs Stephanie Ruhle is following the economic impact. Stephanie, good morning. This extends far past wall street good morning, phillip as the coronavirus continues, more and more people are being told to work from home but for millions of americans, in Service Industry jobs, thats just not possible. And those businesses, Small Businesses, are really getting hit. Deborah miller started her Catering Company 24 years ago. Hughes everything going . Most orders are for Corporate Food Services like office lunches. So the push to work remotely hurting business. People are not flying in from out of town for meetings offices are just closing up. Fewer corporate orders means less money to pay her 30plus employees. Right now, how many people are working today . I think about six its a challenge i mean, weve weve had to send people home. Can you do your job from home no, i cant work from home. I am a cook. I do my work here in the kitchen. Working remotely is not an option here. And theres the you understaundg stress providing a living wage for longtime staff. Its painful for me to think about these families that im responsible for. A responsibility Business Owners dont take lightly. Especially, in the Service Industry thats good information. Where working from home is not an option. I dont want to lose clients and i dont want to lose barbers. At denny moes barber shop, clients are cancelling. I looked at my own schedule and i had 17 clients and when i got to work, i only had five my fear is that these doors wont open and people wont come through. A concern for many of americas 30 million Small Businesses. We are, honestly, more worried about whats going to happen to the business than we are about catching the virus at the ness, most exercise classes were capacity just two weeks ago. Now, theyre hovering around 40 . People are definitely worried about staying home and being around other people. Worried about staying afloat. Im on roller coaster. For their businesses and their employees. Theres not an easy answer. You obviously want to take every precaution necessary but you also want to help out your neighborhood. So try to think out of the box get creative maybe take a virtual fitness class or instead of going to a restaurant, consider ordering in when we get through the other side of this, you want to hope that your local businesses do, too. Something to think about, stephanie, thank you. The nations hospitals have no choice but to prepare for worstcase scenarios with some Health Experts questioning whether the system is ready to treat a flood of patients. If thats what this eventually comes down to. Heres nbcs tom costello. In the Incident Command Center at Johns Hopkins medicine, they are preparing for a sudden surge of patients who need immediate care. Big news we have our inhouse tests that our micro biology colleagues have developed. Hopkins now approved to conduct its own coronavirus tests, no longer reliant on the cdc. For months, hopkins coronavirus website has been tracking, real time, every case worldwide like all hospitals, its now ensuring its ready. Enough beds, medicine, ventilators, protective clothing, and personnel. One big challenge, planning for a scenario in which doctors and nurses, hospital staff, become sick and then need care themselves. We are on the front lines. Nurses in several california cities complained their hospitals arent prepared. Some hospitals now setting up tents to screen patients outside before they enter the er the concerns, an onslaught of patients could push the nations medical system to the breaking point. Unable to care for patients with other conditions, too. We have a finite number of icu beds and a finite number of ventilators. And there is only so much we can do to augment that capacity. Experts do believe that more than 80 of those who contract the virus will experience mild symptoms. Just because you have coronavirus doesnt mean you need to be in a hospital absolutely. In fact, that really isnt where you should be. Unless you have severe symptoms or have some kind of medical emergency. The goal now, say experts, slowing the spread of the virus so hospitals arent overwhelmed with patients all at once. Tom costello, nbc news, baltimore. All right lets take a breath and get a check on our wermeteorologist janes janessa webb. Good morning. We have some activity happening across the southwest into texas. We do have this surge of moisture that is going to race across the plains into the ohio and Tennessee Valley and unfortunately, this enhanced the Severe Weather risk. We currently have 17 million urnds thunder that risk and. This runs from nashville into memphis. We ever going to watch that closely. Also the damaging winds, hails up to an inch in that area so forecasted totals look at this through saturday afternoon, there is potential from little rock all thea little snow starto form across colorado daytime highs for texas, thats going to spark up the storms back in the mid80s. So watching this storm, its unfortunate, nashville under the radar again. So watching this for this afternoon. They certainly need the break much thank you, janessa. Pope francis held his weekly general audience in the Vatican Library amid italys drastic coronavirus lockdown measures. This time it was a live stream service, a big change from the usual tens of thousands of people that fill the vatican to see him. Pope francis sent out special prayers for the sick as well as the Hospital Personnel that are caring for them at this very intense time. Still ahead, Harvey Weinstein rushed to the hospital again after learning his fate in court. And the outbreak abroad we are live in rome where the streets are deserted and the death toll is rising in italy. Not today. One blood clot puts you at risk of having another, so we chose xarelto®, to help keep you protected. Xarelto® is proven to treat and reduce the risk of dvt or pe blood clots from happening again. Almost 98 of people did not have another dvt or pe. Dont stop taking xarelto® without talking to your doctor, as this may increase your risk of blood clots. While taking, a spinal injection increases the risk of blood clots, which may cause paralysis the inability to move. 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Then they get released back into the air so you smell them later. Ew. Right . Thats why febreze created small spaces. Press firmly and watch it get to work. Unlike the leading cone, small spaces continuously eliminates odors in the air and on surfaces so they dont come back for 45 days. Now thats one flushin fresh bathroom. Welcome back overseas, the uk is preparing to enact measures to delay the spread of the virus after the country reported its eighth death. And in germany, chancellor Angela Merkel is warning that up to 70 of the countrys population could contract the coronavirus. Meanwhile, italy has imposed some of the most extreme measures yet ramping up its National Lockdown after cases soared and almost 200 people died in just 24 hours. Joining us from rome is clclaud lavanga. Claudio, talk to us about what the government is doing and the extreme measures taken. Good morning, frances announced the government is going to step up the already draconian measures imposed by the lockdown by closing down all businesses across the nation im talking about shops, shopping centers, restaurants, bars, pubs, hair dressers, you name it. The list, of course, is long only pharmacies and Grocery Stores to will remain open to allow italians to shop for basic necessities. Also, the Prime Minister said italians should not expect the benefits of the lockdown to be visible over night but they should wait at least two weeks to see the number or slowdown in the number of the italians who are getting infected, who are dying and who are dying of coronavirus. So in a way, with this new measures, with the new draconian measures, you could say that its until yesterday, italy was in partial lockdown or from today, it is in total lockdown frances. As we can see behind you, not a singley thousands of years that things been there. 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Now, you can skip the line with walgreens express, get in and out quickly with 24hour locations, or have your prescriptions delivered whenever you need us, were always just minutes away. Walgreens. A live interview with Vice President mike pence on the coronavirus pandemic there are few talk shows that will be taping without a studio audience now well, guys, of course everyone is still talking about the coronavirus and i got to be honest, things are getting a little krds out there. Today in central park. Nbc tonight show starring jimmy fallon will be without a studio audience the next few days along with the Ellen Degeneres show even the view on abc taped their show without a studio audience so its going to be tough. You know, they rely on so much of the energy from the audience when theyre up there. But hey, these are the measures we need to take. Strange times we are living in here. Meanwhile, it was a groundbreaking moment for the me too movement disgraced movie mogul Harvey Weinstein was sentenced to 23 years in prison by a new york state judge. When rape victim jessica mann left court, she smiled moments after the judge handed down a sentence so heavy it left some stunned 23 years in prison for Harvey Weinstein. No one thought wed be here today. No one thought wed harvey would ever see a courtroom. 20 years for firstdegree criminal sex act three years for thirddegree rape to be served back to back. At 67 years old, it could mean the rest of his life behind bars when the judge read his decision, several of weinsteins accusers openly wept in court. The defense team vowing to appeal weinstein maintains his innocence. Denying nonconsensual sex. That sentence that was just handed down by this court was obscene. That number was obnoxious. Weinstein argued for leniency himself before he was sentenced. Telling the judge he felt remorse for this situation then adding, thousands of men are losing due process im worried about this country i am totally confused. I think men are confused about these issues extradition proceedings have already begun for the Sexual Assault charges weinstein faces in los angeles but for now, his accusers are celebrating. Im really sort of stunned and and it makes me feel a lot of gratification the american Justice System is working. An entire movement claiming victory. Stephanie gosk, nbc news new york. Still ahead, another major retailer bites the dust. Plus, what is social distancing and how can it help to stop the spread of this coronavirus next joint pain, swelling, tenderness. Much better. My psoriasis, clearer. Cosentyx works on all of this. Four years and counting. So watch out. I got this watch me. Real people with active Psor