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dallas mavericks owner mark cuban stunned by the announcement during the game against the denver nuggetswatch this. >> this is people's lives at stake. a global pandemic, something out of a movie. >> reporter: lebron james saying what we really need to cancel his 2020. the ncaa deciding march madness will go on without fans and saying with only essential personnel and limited family attendance, social media lighting up, when is to them user says awesome. a twitter user saying the ncaa should follow the lead of the nba and cancel it. why risk anybody's health? rob: no fans, no nba. other news, fox news alert, the remains of two for marine raiders returning to american soil. >> reporter: we learn two american troops are killed in a rocket attack in iraq. rob: aishah hasnie joins us with more on that. >> this will likely reignite tension in that region especially for iran and its proxies. here's what we know about this attack. iraqi security forces found this trunk with a rocket launcher in the back of it a few miles from the camp in iraq. it launched 18 rockets at that camp at 7:30 local t

look at the reaction of dallas mavericks owner mark cuban watching his team play elsewhere when he saw the news. >> this is something out of a movie and you just don't expect it to happen in real life, but that's the randomness of the world we live in and so it's stunning but we are where we are and we have to be smart in how we respond. >> lebron james weighing in as well tweeting, man, canceling sporting events, school, office work, et cetera, et cetera. what we really need to cancel is 2020. damn, it's been a rough three months. god bless and stay safe. and a major blow to march madness. it the will go on, but without fans in the stand. that, of course, is a huge revenue loss for tournament venues across the country. only essential staff and family members will be allowed to attend. >>> the world health organization now calling the spread of coronavirus a pandemic. california joined washington state in banning gatherings of more than 250 people. tom hanks and his wife tested positive for coronavirus. in an instagram post he said they contracted it in australia. the virus disrupting

cascade platinum. >>> let's bring in dallas mavericks owner and entrepreneur mark cuban.ther? >> we're doing all right. we're on spring break, and just keeping everybody together. cocooning and a lot of forced family fun. >> thank you for joining us, especially on your personal time like this. what are you seeing that you do and do not like? >> well, that's a great question. what i love is our community is coming together, businesses helping each other. i'm getting emails every minute from organizations like you know the event business has been decimated. there's a lot of companies that our contract was for big events with temporary structures. they're installing those to expand the capacity. those things are happening every hour. it's good to see. it's great to see people of all levels stepping up and helping people who don't have jobs and giving them jobs. it's really -- there is a bright lining. hopefully it gets bigger. >> we're calling those people ameri-cans, people stepping up right now. >> absolutely. >> the president just signed what will probably be one step in

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mark cuban, the owner of the dallas mavericks, tells us what happens to businesses if americans try to end self-distancing too early. his opinion ahead. new crest pro/active defense. you're doing more to keep your body healthy for the future. shouldn't your toothpaste do the same for your mouth? now with crest pro/active defense, future proof your whole mouth. its active defense technology neutralizes bacteria to shield against potential issues. crest. (sensei) beautiful. but support the leg! when i started cobra kai, the lack of control over my business made me a little intense. but now i practice a different philosophy. quickbooks helps me get paid, manage cash flow, and run payroll. and now i'm back on top... with koala kai. hey! more mercy. (vo) save over 40 hours a month with intuit quickbooks. the easy way to a happier business. from anyone else. so why accept it from your allergy pills? flonase relieves your worst symptoms which most pills don't. get all-in-one allergy relief for 24 hours, with flonase. i opened a sofi money account and it was the first time that i realized i co

dallas mavericks owner mark cuban says he's also working to support those arena workers. >>> sports, schools, even bans on businesses has really uprooted all of our normal lives and it becomes more evident when you check out at a store. >> it's amazing to go to the grocery store and for some products you might not even expect. cgtn's deborah villaon shows us. >> reporter: house hold supplies they want are sold out. frenzied stock piling has hit food isles too as people fear the length and severity of the coronavirus crisis. >> spaghetti with meat sauce. >> reporter: meals ready to eat are now selling wildly at this military surplus store in vallejo. now heading into people's pantries. in one week, 15 cases have sold that would usually linger for a few months. >> they're slow sellers and as we were waiting for you folks somebody called and asked if we have a few more cases. >> they're definitely afraid. they want to have something on hand. people don't want to go shopping be around other people. >> reporter: also seeing a big surge, gun dealers. >> right here what has been sold handgu

. >> that was mark cuban owner of the dallas mavericks.ed that the sports world is coming to a halt. also surprised he's finding opportunities i am back with david bahnsen and jan van eck. i want to ask of their opportunities and where to hide. you had a fair amount of gold, tell me if that's a place you would recommend investors hide in the middle of this? or do you want to have a balanced portfolio and some cash and some gold in it at all times? >> catches been king during this crisis. i think gold has disappointed those who are looking for it to rally. gold shares have sold off this week. our general overview is gold broke out and multi- year bear market last summer. and i think if you're ever going to own it, you should own it. i think they muted price action means maybe it has a longer bull market but hasn't performed the way people think. maria: jevon a convert that that comes back on friday and rallies after the 2000-point sell off or did to see more selling in terms of you really have to see that flesh out. >> i did not want to see

and this reaction from dallas mavericks owner mark cuban. stunned as he finds out the league is taking a break. at the local tap fire at 3rd and brand in san francisco fans also stunned. >> basketball games in general, that's what i use as my -- you know, my fuel. and now i don't know what i'm going to do. >> reporter: at chase center terry mcsweeney, nbc a area news. >> in many sways sports has been an escape for us but not this time. not just warriors games either. san francisco canceling all large events. that means concerts and theater productions like "hamilton." the orpheum and golden gate theaters are canceling shows through march 25th and offering refunds. >>> a lot of changes in oakland. this is a live look at the arena formerly known as the oracle. oakland is also banging all events with more than 1,000 people. and what about the san jose sharks? today they announced they'll play their next three home games right there at the shark tank but the games will be closed to the fans. this comes after santa clara county also banned large

here is luke advantage of the dallas mavericks meeting real madrid at and hazzard, even bamboozle ine injury and took the time to watch an nba match was up that looks like a hugely successful meeting. you can get all the latest news from bbc .com/ sport. but for me and the rest of the swat team, that is your friday sport briefing. thank you very much, that certainly is a really interesting image. looks like one of the presenters, ben thompson, here. it has been 25 yea rs thompson, here. it has been 25 years since the singer alana morisset released her hugely successful record jagged little pill which began to become one of the biggest selling albums of the biggest selling albums of all time. now, to celebrate the anniversary, she is going on tour to play the whole album live. she made a gap in her hectic schedule to speak to our entertainment correspondence, colin pattison. alana morisset. sur. celebrating 25 years of jagged little pill. can you believe it? yeah i can't believe it? yeah i can't believe it, it feels like any five minutes and another lifetime, another person. #is lifet

mark cuban owner of the dallas mavericks is today's headliner.says a bailout could benefit all employees, not just the executives. >> the hotel and tourism industry in big trouble, while one industry leader said it is worse than september 11th and the great recession combined. >> we got a text saying they were shutting everything down, food, casino. be out by 11:00 a.m. this is ava. these are ava's shoulders. they square off, hold firm, bear it all. this is her physical therapist, covered by blue cross blue shield. these are ava's shoulders. now stronger than ever. this is what medicare from blue cross blue shield does for ava. and with plans that fit every budget, imagine what we can do for you. this is the benefit of blue. the network has to be prepared to absorb whatever is going to come its way. we're always preparing. make sure that the network is working all the time. (announcer) we're relentlessly committed to the network. so in times like this, we can all stay connected to work, school, and most importantly, to each other. our mission is

it was a stunning moment just down the road in dallas as the mavericks were playing their game. mark cuban, the owner of the dallas mavericks, was captured on video as he heard the news that the nba season had been su suspended. his jaw dropped. he was stunned. and he talked about that reaction and what it means after the game last night. >> this is something out of a movie, and you just don't expect it to happen in real life, but that's the randomness of the world we live in, and so it's stunning, but we are where we are, and we have to be smart in how we respond. >> reporter: the utah jazz team is self-quarantined and you really get to think about the extent of what they're dealing with at this point. the utah jazz and these nba teams travel extensively. there was another game in new orleans that had to be canceled because the referee in that game had worked the utah jazz game earlier in the week. so the tentacles of all of this are really far-reaching across states and into canada as well where the nba is also played. so the implications of all of this far and wide across the

dallas mavericks owner mark cuban telling fox business this is the right decision.omething any of us expected but we have to put the safety of our players, our fans, our stake holders, first, and so i think it was the right move. the season's not canceled. i really do think if we can keep our players healthy and the coronavirus issues start to get resolved over the next month or two, then we have a chance to resume the season and just play into the summer. david: the atlanta hawks vice president and nba hall of famer dominique wilkins joins us now on the phone. dominique, we were supposed to have you in the last hour. one of the reasons we couldn't have you, i'm told that everybody involved with the nba has to get a test right now. am i right? >> well, you know, they are doing whatever it takes to have safety first and we are no different from that. right now, everybody is kind of sitting back waiting, seeing what the next moves are. but i think the decision the commissioner made is the right decision, it is health and safety first. it's bigger than the game at this

here, this is mark cuban, the owner of the dallas mavericks looking at his phone and realizing the nbaided to suspend all activity from tonight on. stunning news. here is mark cuban of the mavericks immediately after. >> this is a pandemic of global pandemic where people's lives are at stake. you know, i am more worried about my kids and my mom who is 82-years-old and telling her to stay in the house than i am about when we play our next game. >> all right. between when games are resumed and now the nba will get together and decide next steps, but this thing really escalated prior to the announcement of rudy gobert. before tip-off the jazz and the thunder made a stunning announcement to the crowd. >> the game tonight has been postponed. you're all safe. and take your time in leaving the arena tonight. thank you for coming out tonight. >> you can hear the reaction of the crowd when that announcement was made. the players cleared the floor along with the officials and the fans. keep in mind, that was prior to the official diagnosis of rudy gobert. they were taken to a medical center to b

dallas mavericks owner mark cuban stunned by the announcement during his team's game against the denveruggets. >> people's lives at stake. this is about basketball, a global pandemic, this is something out of a movie. >> lebron james sounding off on twitter saying in part, quote, what we really need to cancel his 2020. then there's this, the ncaa also deciding march madness will go on without fans and, quote, only essential personnel and limited family attendance. social media lighting up over the nba's announcement and the ncaa. one is to graham user said it is the stupidest thing i ever heard of and if you are on twitter says i'm not a huge sports fan so i can only relate as i would to any large gathering at the current time, i think it is a good idea. let us know what you think of all that, everything going on. this other fox news alert, the remains of two follow marine raiders return to american soil, somber homecoming as we learn two american troops are killed in a rocket attack on iraq. >> reporter: this could reunite tensions in that region especially if there are any ties to ira

to halt the spread of coronavirus hand sanitizer was handed out in dallas ahead of the mavericks game against denver on wednesday and most team owners were leaning towards the idea of playing in empty arenas this was the moment courtside when the mavericks owner mark cuban received the news that the n.b.a. was perspiring and at the situation that he fully supports this is something out of a movie and you just don't expect it to happen in real life people's lives are at stake in you know more worried about my kids in my mom who's 80 years old you know in talking to her and telling her to stay in the house then i am about when we play our next game would. i don't know all the information but that just shows you how fragile everything is right now so it's a prudent thing to do really go bare you know you think this is not going to affect us for the n.b.a. it one of our players has a crown of iris and you know who knows what that means for their team and the other teams that we know have been with them because go bare was not the arena the oklahoma department of health tweeted that the fa

to do with salaries will there be make goods and ticket holders, sponsors and media partners dallas maverickswner mark cuban visible shock when he got the news it's a rapid shift when the league limited locker room access and kept media at a safe distance making fun of that development in what is a cautionary tale pga will hold the tournament starting today march madness is set to continue for now but without fans the nhl will have its own updated statement for today. the chinese basketball association is now restarting after its own ten-week hiatus and they're demanding players including americans come back to their teams. guys, back to you. >> eric, can you speak to the issue of insurance which is really underneath all of this. it's why so many events have tried to stay going as long as humanly possible not just about returning sponsor money but returning media money, the insurance that the nba has or doesn't have and what the other leagues have or don't have >> so the contract that the players union has with the owners, there's actually a provision in there that if there are epidemics or a

here's reaction from mark cuban he's the owner of the dallas mavericks everybody let's face it lives on their phones. these days, he was at the game last night he found out the news you can see his disbelief he could not believe that the nba season with roughly about 280 games left algether for the teams suspended for now when it resumes is anyone's guess. here's bob myers. he's the president of the warriors his reaction to the season basically over for the warriors. >>the health his first carry in life and that's. that's what we message to our ere but have as parents of kids understood wt's going on here and it's bigger than the warriors. >>so when i said that the way your season could be theoretically over reason being they were never in playoff contention anyway, and then the nba they will have a conferenceall with the owners with the commissioner that will happen in about 20 minutes from now they will decide what to do, but it's a no-brainer james and darya they had to suspend the season at least for now because many of the players have been quarantined a perhaps even some of the

. >> you were mentioning something when we were in the break about dallas mavericks' owner, mark cubanutspoken on this, and taking some moves that you were explaining. >> last night he reacted to the nba postponing the season. he was at one of the games. he was in an interview. and on the spot -- this is before you knew they were gonna suspend the season. he said i'm thinking about the vendors and the ushers and the folks that work every day. and he's a multibillionaire, right? so he can absorb some losses. and believe me, i think these guys are gonna lose in the tens of millions. but he was talking about those guy guys. he said i'd like to -- i'm gonna reach out, we're don crunch some numbers and figure out if we can pay them while they're not working at least for part of the time. that's pretty cool. >> a major impact. >> jason, thank you. >>> developing news from -- oh, i beg your pardon. we're gonna to the weather. >> developing news from the weather! >> there you go. talking about some rain that's developing. >> that's good. >> and not just yet, but as we head into the weekend, we

mark cuban, investor and owner of the dallas mavericks join us now.r joining us, really appreciate it. do you think that the $2 trillion is going to be enough and the way it's structured will get money to the people who really need it? >> i don't know but i do know that it's going to take too long to get into their hands. right now they're saying three weeks and that's just not going to work, we need to get something to people's hands now and make whatever adjustments and processes we need you to it there. >> dana: one of those things are saying is that there is money and it might take too long but also the small business loans that i don't think we should call them loans, really, because as dagen mcdowell explained earlier it's a forgivable loan which is a grant. i think the language matters to people. if you're a small business owner and you know small business owners very well, they operate on pretty slim margins and need to know that are not going to be penalized from taking advantage of it. >> i've been telling all of my "shark tank" companies, a

. >> that's mark cuban he's the dallas mavericks owner, the investor as well joe, you've been patient it's one of those days >> it is >> mark has seen some opportunity amid the pain. do you >> again, a lot of being a good investor, a good trader is having intuition the thing that every one keeps talking about when you're speaking specifically about mark is this rise in correlation. you've never seen oil, treasuries in the u.s. dollar trade so positively correlated to me, the sense is that the market actually feels as though it wants to rebound. the market needs something a little bit more than just the feeling of correlations breaking down and the entire to rebound the market needs comfort the market need a restoration of confidence confidence has quickly evaporated the statistic was put out yesterday. buy backs which we talk about so frequently january and february, buy backs were down, 46% year on year. that's the biggest decline to start a year since 2009. on all fronts and a lot of what jim wads talk about today, we absolutely need coordination, which i talked about at the beginni

mark cuban's the owner of the dallas mavericks was sitting court side when he got the news the season would not continue. >> i'm obviously very concerned b. but this is much bigger than basketball. i'm concerned about whether my kids have school or not. i'm concerned, you know, are we all doing the right thing because this is obviously new territory. this is certainly a black swan event in my experiences and so, you know, basketball becomes secondary. >> reporter: we're also waiting to hear how major league baseball will respond. the oakland a's released a statement saying they are working on alternative plans. the city has banned public gatherings of 1,000 people or more. but the city has recommended that limit be just 200 or more. recording live in san francisco, alyssa harington, ktvu fox 2 news. >>> the ncaa will play its march madness tournament without fans due to the coronavirus concern. the restriction will apply to both men and the womens tournaments coming up. only essential staff and limited family members will be allowed to attend the game and many conference games will pl

there is a dramatic shot from down the road in dallas, the owner of the dallas mavericks mark cuban captured he got the word that this nba season had been suspended. his jaw dropped. and he talked about this -- this was his reaction after the game in dallas last night. >> this is people's lives at stake. this isn't about basketball. this isn't about the mavericks. this isn't about, you know, when do we start or do we start or how do we start? this is a pandemic of global pandemic where people's lives are at stake. and i'm a lot more worried about my kids and my mom who is 82 years old, you know, and talking to her and telling her to stay in the house than i am about when we play our next game. >> and, alisyn, across the league, from fans and players, stunning as this news is, most people understanding about the drastic measures that have been taken so far. alisyn? >> i'll take it, ed. mark cuban is right. this isn't just about basketball, it is about our lives, all of our lives right now. and in some ways a microcosm of what we're all seeing right now and mark cuban's jaw dropping is somethi

. >> dallas mavericks owner, mark cuban, is speaking out about this tonight as well.to this. >> this is peoples' lives at stake. this isn't about basketball. this isn't about the mavericks. this isn't about when do we start or do we start or how do we start? this is a pandemic, a global pandemic where peoples' lives are at stake and i'm a lot more worried about my kids and my mom who's 82 years old and talking to her and telling her to stay in the house than i am about when we play our next game. >> he's got a very powerful voice in the league but he's concerned about much more than basketball. >> everybody's concerned about this. this is why the diagnosis is so important of rudy gobert. this is a player in the league who is now dealing with this virus. and when you talk about all the revenue that's brought in with the nba and the comments that lebron james made that he walked back and said this is about health and public safety of everybody, tv revenue was such an important part of this because the league brings in a lot of money on television. so, i think it's an ex

take a look at this mark cuban he's the owner of the dallas mavericks, he was at his own game yesterday. when he looked at his phone we all live on our phones right when he found out that his boss commissioner, adam silver made a quick decision to go ahead and suspend the season he reaction after the game. 's >>got the news looking this is something out of a movie and you just don't expect it to happen in real life, but. that's the randomness of of of the world we live in and so it's stuing. and we have to be smart and how respond. >>okay so let's talk about the 6 degrees of separation right there was a raft who officiated a game a couple of nights ago for rudy go bare. she was supposed to officiate james and area last night in sacramento for their game against new orleans. pelicans when go bear came down positive. they did their investigationthey found out wait a minute so and so was the rap for that game. the immediately went ahead and cancel that game before tipoff is well sorry it is reverberating throughout the whole sports community i can tell you that mark cuban he feels bad for

with everybody's i want to get you to pay attention to the screen mark cuban, the owner of the dallas mavericks ease animated when he found out he was on his phone look at his face will gehis reaction. he couldn't believe it as well, but it seems like he's on board as ell this is a pandemic now something that we have not seen perhaps in our lifetime. so he's on board with it, here's what he had to say after finding out the news. >>this is something out of a movie and you just don't expect it to happen in real life, but. that's the randomness of of of the world we live in and so it's stunning. and we have to be smart and how respond. >>so coming up at 6 o'clock we will hear from the fans who found out abruptly that the gamesare canceled all have that and more reaction from the warriors in about 15 minutes from now back to james darya all right, thanks a lot. well. >>and steph curry reacted on twitter last night saying quote 2020 and it don't know what to compare this situation to just got to buckle up and take care of yourself and those around you. basketball will be back at some point right now

mark cuban, who we know owns the dallas mavericks and a few other things, was saying that he doesn'te should put cash in people's pockets. >> i saw that. >> harris: you saw that? it sends a message to employers that they shouldn't lay off, and that makes people think the government will take care of them. and he said they shouldn't think that. >> wright, his basic message is the incentives would be wrong. because you're running a small business and thinking to yourself, "boy, i'm going to have a tough x amount of months. if i know my employee who i care a lot about, obviously, on a personal level, is going to get cash from the government, am i going to send them i will lay them off? at least end of the government is there for them." anything simple and it will go up more as a result of that. i also think it's interesting to today's what marco rubio has been talking about. senator collins was involved, they were supposed to have an event that would usually plan that's been pushed off a couple times. rubio is saying that if your small business and you want to take out a loan to cover p

we have seen mark cuban also say, the dallas mavericks, say that he wants to do something. and i will just go out on a limb here, jim and poppy. i will guess that in the next few days, we will see that become the norm. i think there will be enormous pressure on these organizations, these teams that have, you know, billionaires and millionaires, they're being hit, too, of course, but that they will look and say, wait a minute, we've got to help those people, those hourly workers who are now losing all of that. and i think we're going to see more and more teams and more and more leagues say we're going to pay our workers or we're going to have a fund to help them out. >> kevin love, formerly great minnesota timberwolves player now on the cavs, stepping up, $100,000. it'd be amazing to see everyone who can step up like that. what about the olympics? are they happening? >> with the masters now going into april -- and the masters, of course, postponing, that is another jolt, because we've been dealing with sports in here and now, right? we've been dealing with sports just this w

. >> dallas maverick's owner mark cuban agreeing with the nba to suspend the rest of the season.ah jazz tested positive for coronavirus. now, since that announcement last night an additional jazz player has also tested positive for covid-19 19. so was this the right move? let's ask orlando magic co-founder pat williams. pat, thanks so much for joining us. >> charles, nice to talk to you. i'm glad that we have a chance to visit here. >> so am i a lot of rumors last week about playing to arenas, push back. lebron james saying he would not play without a live audience because that's what he lives for. things have changed dramatically, are you happy with the decision so far from the league? >> all of sports has done the right thing here, baseball has announced today and the colleges as well as the nba and nhl. they are listing, charles, to the medical experts and doing what they are told, and that we should all remember here, listen though those medical experts, i would also add stay positive, stay optimistic through. this this, too shall pass. and one other thought and it's simply t

you can see the stunned reaction there from dallas mavericks owner mark cuban when he learned of the news. completely shocked after learning of the news when they heard of a positive coronavirus diagnosis among players. cnn's andy scholes is joining me now. andy, this really is unprecedented in terms of the game and the impacts are going to be huge. what is the latest? >> like you said, unprecedented, never seen anything like this in the world of sports. there will be more high-level discussions about what's next. mark cuban saying this morning on espn he thinks the season will resume sometime this point and they may even play into august if need be. when the nba gets back on the court, really have no idea at this point. we learned that the toronto raptors and the wizards are self-quarantining, recently played the jazz, the raptors meeting up with them this past monday. the jazz player who tested positive for the coronavirus is all-star center rudy gobert. cnn has reached out to gobert and the nba, none of them confirming that report. a second player has tested positive for the coron

on the phone with us is mark cuban, dallas mavericks owner, entrepreneur, so much more. thank you for taking the time. you probably heard now that the president is essentially tightening up travel restrictions between our canadian neighbors to the north, our mexican neighbors to the south, and both of those countries with us. where do you think this is going? on the phone: i have no idea, neil. first of all, thank you for staying on the air to bring normalcy for all of us. that's a good thing. in terms of where all this goes, i don't know. a lot of people try to point fingers and try to guess who's right and what's being done right or wrong. we are in a scenario where we have -- everybody has incomplete and imperfect information. we are doing a lot more ready, fire, aim rather than ready, aim, fire. it's just the nature of where we are. i don't know where it's going to go but as a businessperson and entrepreneur, i'm going to try to be agile and adaptive. neil: you know, we know now effective on monday, electronic trading will be the only way you can trade on the new yor

consult with the owners and i have proof because take a look at your screen pay close attention to dallas mavericks. mark cuban he was at a game last night they bother calling him he found out like many people he was on his phone, he looked at it he saw that the nba decided to suspend their season. he's in disbelief, but he like the warriors are on board on this he said it seems just like a movie but if it safety and that's the top birdie he's okay with that sacramento kings they immediately cancel their games as well because the player rudi go bare with the utah jazz but he tested positive, but a couple of days before that there was a raft to officiate in one of his games and that raft was in sacramento, so he could have contaminated other people as well so they went ahead and canceled the sacramento kings game. so what's going to happen moving forward james and darya there are rumors that the nba could resume the games pretty quickly but they will play the games in front of only family and friends know fans in attendance, then there's also the possibility because of scheduling that they will take

. >> we saw mark cuban of the dallas mavericks offering to do the same.d teams stepping up. >> it's really cool. this crisis is bringing out the best in some of us. >> no question. >>> we do start the half hour with more on how the coronavirus is impacting the sports world. new announcements overnight of events being postponed or cancelled and young athletes robbed of their chance to shine. abc's zachary kiesch joins us with more on that. zachary, good morning. >> whit, the ncaa now considering waivers for the athletes hit by the cancellations. for many a real glimpse or indication how serious this virus is. this morning, every major sports league in the country is calling a time-out. major league baseball announcing a stop to spring training. writing major league baseball players can elect to return home. augusta national, home of the masters, postponing the prestigious golf tournament setting the health and well-being of everyone involved and concerned with covid-19. the best runners in the world will have to wait. the boston marathon scheduled for apri

here's the billionaire owner of the nba's dallas mavericks, mark cuban, on markets. >> as painful asis, because people like to look at the 401(k) and their stock statements, you have to put it in context. people didn't say this shouldn't be happening when it was going straight up very quickly. you have to take the counter of that, as well. you can't get too upset. what i tell everybody, if you don't know what to do, do nothing. because it's impossible to time the markets. >> melissa: amen to that. along with the empty sporting venues and thousands of schools shutting down across the country, disney world and disneyland now both closed. here in new york, the city that never sleeps, broadway shows are shut down as carnegie hall and the metropolitan opera also shut down. i had lots of tickets for all of those events. there we go. the point of all that is really the economic impact that is going to happen after. we know health is what's most important. that's what we are focused on. in some ways, guy, i would say that having almost a draconian approach to shutting things down will, in th

and dallas mavericks owner and business titan mark cuban weighing in to help us understand what's goingmarkets and what he wants you to know about what the right and wrong fixes are going forward. listen, for all the uncertainty, we know we have tough days ahead. let's get the information. let's get together and let's get after it. i know the uncertainty is driving you nuts. how many of us are going to get it? how long is it going to last? how many may we lose from this? we don't know. but we do know that there are things that we can do. you and i, you and me, the government. that will help us win this war, and that's what it is. fair question. are they happening fast enough? testing kits. masks. ke ventilators, beds, medical staff scrambling for them. the president today signed the relief bill. and invoked the defense production act. that's from the 50s, wartime. it allows for government to ramp up production and address shortages. but then he said in a tweet not long after he may not be exercising those powers just yet. only in a worst case scenario. well, what's worse than knowing wh

entrepreneur and owner of the dallas mavericks. dear government, here is why you require companies to retain 100% of their employees. the cost of the bail-out loan, eventual repayments will cost taxpayers less than the cost of government assistance programs for fired employees. case closed. mark cuban joins us by phone from dallas. good morning. >> how are you? >> ed: doing fantastic. good of you to join us again. big picture here. you've been calling for an era of action. i assume that expands beyond government. businesses, people in our audience right now. what do you want the american people to do? >> look, we all need to pitch in. we're in this together. the government can only do so much. helping each other, supporting each other, reinforcing to stay home and to deal with social distancing. it is no fun for anybody. everybody is freaked out. employers need to communicate with their employees realizing the people who work for them are freaked out and vice versa. we just have to open ourselves up to each other and try to help as

bum-pa-dum, bum-bum-bum-bum ♪ brian: well the dallas mavericks led by owner mark cuban are stepping upe covid-19 pandemic he and two other players are donat ing, get this , $500,000 to cover child care, for healthcare workers, fighting this on the frontlines and we know it's only going to get harder. mavericks owner mark cuban joins us now. hey, mark almost from the first minute, if you don't mind me saying so, you set the standard. when you said i am paying all my employees through this pandemic, you kind of set the standard and got everyone's attention throughout the sports world. why was it important for that to continue? >> well, i mean, look. it was obvious that people who were getting paid by the hour, this paycheck to paycheck and they were going to suffer the most and i'm the most lucky guy in the world financially and it was the least i can do and i'm glad other people followed the example. it wasn't my intention i just wanted to help out our workers. brian: that it is and you're doing it with two other players and you're also reimbursing any employee of yours that orders food

brian: all right, dallas mavericks' owner mark cue barnes maybe the most high profile sports opener inned to be watching espn, and your jaw was literally on the floor that the season was canceled. has it had a chance to sink in, and now what do you think a couple of days later? >> you know, it caught me by surprise, obviously, and it still hasn't sunk in. but, you know, i think we did the right thing. i think adam silver, our commissioner, took aggressive steps because we couldn't put our players, our employees, our fans in a position to get sick. and, you know, with this spreading so rapidly, i'm glad the nba was in the forefront of shutting down games. brian: so where do you go from here? what's the message to the players and the fans? >> well, the first thing, you know, i talked to the players right after the game, ours was the last game in the nba, and i told them you have to self-quarantine. obviously, we want to keep you healthy, but being celebrities, being special athletes that, you know, fans want to touch, want to take pictures with, want to be close to, you're particularly a

dallas mavericks owner was caught on camera when he saw the news. he later voiced his concerns for his whole family, his players and even his part-time arena staff. >> they get paid by the hour. this was their source of income. >> reporter: earlier wednesday, the ncaa announced an unprecedented decision to only allow essential staff and limited family members to attend march madness games. we asked scott drew about the mere idea of playing in empty arenas last week. >> march mad sentence maness ise of the excitement and fans going to see upsets. if we didn't have that, that would be completely different than what we're all used to. >> all of the major conference tournaments going on right now have been closed to the general public. that includes the big east which will resume later today at madison square garden. as for the jazz, rudy gobert was not at the arena last night. his teammates were tested coronavirus, and they are expecting those results later today. >> dana, will the nba's move put pressure on other sports to do the very same thing? >> w

the dallas mavericks' mark cuban is one team owner vowing to continue paying his workers. he explained why. >> it's not just about the players playing the sport. there's so many people that contribute. the workers at the arena. people that do part-time work for the mavericks. but they all work on an hourly basis like 80 plus million people in this country. when you're getting paid by the hour, there's a very good chance that you're living paycheck to paycheck. and these are people that work for me directly or indirectly. i just don't want to leave them hanging. >> those stadium workers aren't alone. 53% of americans said they do not have emergency funds to cover a significant amount of time without a paycheck. cbs news business annualyst jil schlesinger joins us. about half of americans live paycheck to paycheck. how do you prepare for something like this? we don't know how long it's going to last. >> i don't think you can prepare at this point. you're in it. what we've always said when times are good you'd like to van emergency reserve fund, a rainy day fund. the rainy da