BUSINESS FALLOUT: APPLE GOES ONLINE, DELTA SLASHES FLIGHTS

Apple said its annual developers conference would take place entirely online this year, joining a growing list of companies that are canceling big, in-person events as the coronavirus spreads.

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Thousands of engineers and customers attend the Worldwide Developers Conference, or WWDC, which is in its 31st year.

Apple said it would give $1 million to organizations in San Jose, California, to help with the money they would lose from Apple canceling the in-person event. The event had been held in San Jose for the past few years.

Google and Facebook also canceled their flagship developers conferences in the face of coronavirus health concerns.

Meanwhile, Berkshire Hathaway chairman Warren Buffett told shareholders that they won’t be allowed to physically attend the company’s May 2 annual meeting in Omaha, Nebraska, because of the coronavirus threat.

The virus has infected 137,000 people worldwide. Most patients have only mild or moderate symptoms, but the elderly and people with existing health conditions are particularly vulnerable. More than 5,000 have died.

FLYING LOW

Delta is slashing its flying by 40% to handle an unprecedented nosedive in air travel demand. It’s the largest cut in Delta’s history.