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Market sentiment is so fragile that news of an arrest is enough to set off a selling wave.The Dow plunged as much as 785 points on Thursday. The index was recently down about 400 points, or 1.3%. The S&P 500 lost 1.1%, while the Nasdaq fell 0.3%.The arrest of Huawei CFO Meng Wanzhou in Canada at the request of the United States renewed doubts about the US-China truce.The latest sign of tension between Washington and Beijing also sent shudders through global markets. Hong Kong's Hang Seng plunged 2.5% overnight, while European stock markets declined sharply as well. Germany's DAX nearly closed in a bear market, down nearly 20% from its January closing high.Companies like Apple (AAPL) and Boeing (BA) that have significant exposure to China fell sharply. Other trade-related stocks like Broadcom (AVGO) and Harley-Davidson (HOG) were also under pressure. Alibaba (BABA), the Chinese e-commerce giant, tumbled 3%. The Dow and S&P 500 have once again turned negative on the year. The S&P 500, down 9% in the fourth quarter, is on track for its worst quarter in seven years.The arrest of Meng -- the daughter of the founder of one of China's most important companies -- serves as a fresh reminder that the United States and China remain in a trade war, despite the ceasefire reached last weekend in Argentina. Tariffs already imposed remain in place and new ones loom if talks fail to result in a breakthrough or at least an extension within 90 days."This comes at a truly delicate time," Win Thin, global head of currency strategy at Brown Brothers Harriman, wrote to clients on Thursday. "We think this will force China to take a more aggressive and confrontational approach with the US."  1720

Meijer is extending its 15 percent teacher discount on classroom essentials – it will now be available for the entire 2020-2021 school year.Additionally, the discount can now be applied to face masks and hand sanitizers."There are so many uncertainties as teachers head back to classes and we've heard the plans may change throughout the year, so our goal is to help them shop with confidence whenever they need to refill supplies," said Brandon Pasch, Director of Back-to-School Merchandising for Meijer, in a press release "We hope that extending the 15 percent discount for the entire school year helps reduce the stress to their pocketbooks as they continue gathering supplies for their classrooms and home offices." Other items available for the discount range from spiral notebooks and schoolroom essentials like Crayola, Elmer's Glue, Sharpies and Post-It Notes to planners and journals, and memo boards.Teachers can get the discount, in the form of a paper coupon, by presenting a current school ID at their local Meijer Customer Service desk. The coupon can only be used for purchases made in-store and some restrictions apply. For more information, visit the Meijer Back to School site. 1204

MAMMOTH HOT SPRINGS (EastIdahoNews.com) — An Oregon man who officials say was caught on camera harassing a bison in Yellowstone National Park was arrested late Thursday night.Raymond Reinke, 55, of Pendleton, Oregon, was apprehended by Glacier National Park rangers around 10:45 p.m.Reinke had been traveling to multiple national parks over the last week, according to a Yellowstone National Park news release. On July 28, he was arrested by law enforcement rangers at Grand Teton National Park for an alleged drunk and disorderly conduct incident. He spent the night in the Teton County Jail, and was released on bond.Park officials say Reinke then traveled to Yellowstone National Park. Rangers stopped his vehicle for a traffic violation on July 31 and he appeared to be intoxicated and was argumentative, the news release says. He was cited as a passenger for failure to wear a seat belt and authorities believe after the traffic stop, Reinke encountered the bison.A passerby captured the incident on camera and the video has been seen millions of times with the majority of viewers expressing outrage at Reinke’s behavior.Yellowstone rangers received several wildlife harassment reports and issued Reinke a citation Wednesday evening before the video surfaced.On Thursday, rangers connected Reinke’s extensive history, and after seeing his alleged wildlife violation, the Assistant U.S. Attorney requested his bond be revoked. The request was granted and a warrant was issued for Reinke’s arrest Thursday.Reinke had told rangers that his plans were to travel to Glacier National Park so park rangers at Glacier began looking for his vehicle Thursday night. Around the same time, rangers responded to the Many Glacier Hotel because two guests were creating a disturbance. Rangers identified one of the individuals involved as Reinke.“We appreciate the collaboration of our fellow rangers in Glacier and Grand Teton national parks on this arrest. Harassing wildlife is illegal in any national park,” Yellowstone National Park Superintendent Dan Wenk said in a statement.Glacier rangers transported Reinke to Helena late last night, where they met Yellowstone rangers. Yellowstone rangers transported Reinke to Mammoth Hot Springs and booked him into the Yellowstone Jail. He is scheduled for a court appearance Friday. 2329

Lyft, one of the largest ride-sharing apps on the market, is offering some select riders the chance to join all-you-can ride subscription services.“We’re always testing new ways to provide passengers the most affordable and flexible transportation options,” a Lyft spokesperson told The Verge. “For the past few months, we’ve been testing a variety of All-Access Plans for Lyft passengers.”On Friday morning social media users began sharing screen shots of their invites on Friday morning.The offers vary from user to user, but the most common plan being offered costs 0 a month. In exchange, the riders receive 30 free rides. Others received invites to pay 0 for 60 free rides. In all cases, "free" meant rides of or less. It's not clear how rides of more than would be covered under the subscription.  830

LOS ANGELES, Calif. – The mayor of Los Angeles is authorizing the city to shut off the utilities at homes and businesses that host large parties during the COVID-19 pandemic.Mayor Eric Garcetti made the announcement Wednesday, arguing that such large gatherings put the entire community at risk of contracting the deadly coronavirus.Garcetti says he will allow the city to shut off Los Angeles Department of Water and Power service in “egregious” cases, in which houses, businesses and other venues are hosting unpermitted large gatherings.“While we have already closed all nightclubs and bars, these large house parties have essentially become nightclubs in the hills,” said Garcetti. “Many times, the homes are vacant or used for short term rentals. And beyond the noise, traffic and nuisance, these large parties are unsafe and can cost Angelinos their lives.”Starting on Friday night, Garcetti says if the Los Angeles Police Department responds and verifies that a large gathering is occurring at a reoffending property, officers will provide notice and initiate the process to request that DWP shut off service within the next 48 hours.The mayor’s announcement came hours after a city councilman introduced a motion to increase penalties for property owners who hold large parties in violation of public health orders. Under the motion, penalties for these gatherings could also include utility shut offs.The city’s actions come after a deadly shooting at a mansion party on Tuesday, where police say a 35-year-old woman was killed and multiple other people were wounded, KNBC and KCBS report.The Los Angeles Public Health Department continues to advise residents to keep 6 feet apart from others, only gather with those you live with, wash or sanitize hands often, and always where a mask when leaving home. 1821