Here is the latest news from The Associated Press at 4:40 a.m. EDT

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UNDATED (AP) — James Dolan, the executive chairman of Madison Square Garden Company and owner of the New York Knicks, has tested positive for the coronavirus. The Knicks announced Dolan’s diagnosis Saturday night. It is not clear when he was tested or when he received the diagnosis. The 64-year-old Dolan is the first U.S. major pro sports owner known to have tested positive for the virus.

DUBAI, United Arab Emirates (AP) — DAMAC Properties, Dubai’s largest, fully private real estate developer, has posted its first yearly loss since becoming a publicly traded company in 2013. That’s a worrying sign for the sheikhdom’s already-reeling vital property market now struggling with the new coronavirus pandemic. DAMAC reported Sunday a lost of $10 million off revenues of $1.19 billion. The figures, however, don’t include the disruption caused by the new coronavirus and the COVID-19 illness it causes. DAMAC has business ties to U.S. President Donald Trump and hosts the Mideast’s only Trump-branded golf course.

BERLIN (AP) — Chancellor Angela Merkel has run Germany for more than 14 years and has over a decade’s experience of managing crises. She reassured her compatriots in the 2008 financial crisis that their savings were safe and led a hard-nosed but domestically popular response to the eurozone debt crisis. In 2015, she took responsibility for welcoming an influx of migrants from war-torn Syria — a stance that caused divisions among Germans. Now, in the twilight of her time in power, Merkel is rising to the occasion as she faces her biggest crisis yet — the coronavirus pandemic. Merkel is using her traditional political strengths to help reassure the German people and positioning her country to cope with the crisis.

STOCKHOLM (AP) — The coronavirus is not keeping people in Sweden at home even while citizens in many parts of the world are sheltering in place. Swedes still sit at outdoor cafes in the center of Stockholm. Teenagers still chat in groups in the parks of the capital. Some still greet each other with hugs and handshakes. Swedish authorities have advised people to practice social distancing and asked those over age 70 to self-isolate. But restaurants, preschools and primary schools are still open. Some scientists have criticized the country’s Public Health Agency’s approach as irresponsible. But the country’s chief epidemiologist has defended Sweden’s strategy as more sustainable than “drastic” measures like the nationwide lockdowns elsewhere.

UNDATED (AP) — James Dolan, the executive chairman of Madison Square Garden Company and owner of the New York Knicks, has tested positive for the coronavirus. The Knicks announced Dolan’s diagnosis Saturday night. It is not clear when he was tested or when he received the diagnosis. Dolan becomes the first NBA team owner to be known to have the virus.

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