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Trade war fears and a presidential attack on Amazon are rocking Wall Street.The Dow dropped more than 700 points on Monday, and the Nasdaq plunged 3%. The S&P 500 hit its low for the year and was on track for its lowest close since November. The sell-off left all three major indexes in the red for 2018.By the end of the day Monday, the Dow slightly recovered, closing down 458 points for the day.The sell-off on the first day of the second quarter came after President Trump once again attacked Amazon on Twitter. Amazon, one of the biggest drivers of the 2017 market rally, tumbled 5%, wiping out more than billion of its market value.Trump once again accused Amazon of taking advantage of the US Postal Service, and he suggested that Amazon does not pay its fair share of tax.In fact, Amazon pays the same lower rate that the post office charges other bulk shippers, and it collects sales tax in every state that charges it. Amazon does not collect sales tax on purchases made from third-party vendors."You've got the president of the United States attacking a single company over what he considers to be unfair practices," said Ian Winer, head of equities at Wedbush Securities.Amazon wasn't the only tech stock in trouble. Tesla, Netflix and Cisco all dropped by at least 4%. Intel plunged 8% on a?Bloomberg News report that Apple plans to switch to its own chips. Almost every stock in the Nasdaq 100 lost ground.The Nasdaq has plunged more than 10% from its all-time high on March 12."When investors see market leaders suddenly stumble, they become more cautious about the entire group," said Kate Warne, investment strategist at Edward Jones.Wall Street is also fretting about rising trade tensions, especially with China. Beijing responded to Trump's steel and aluminum tariffs on Monday by following through on its threat to impose tariffs on billion of US imports. The tariffs apply to 128 products, ranging from pork and meat to steel pipes.Trump plans to place additional tariffs on about billion worth of Chinese goods — and Beijing has promised to respond.John Toohey, head of equities at USAA, blamed the sell-off on concerns about the China tariffs. "Global trade could slow down, global supply chains could be impacted, and CEOs could be more cautious on capital spending," Toohey said.NAFTA worries are also on the rise after Trump took aim at the trade deal between the United States, Canada and Mexico. Trump on Sunday linked NAFTA to his efforts to build a wall along the border with Mexico."They must stop the big drug and people flows, or I will stop their cash cow, NAFTA. NEED WALL!" Trump tweeted."It's a cause for concern. That mixing of issues is contributing to uncertainty," said Kristina Hooper, chief global market strategist at Invesco.No matter the cause, signs of fear abounded. The VIX volatility index jumped more than 15%. CNNMoney's Fear & Greed Index of market sentiment dropped further into "extreme fear." Crude oil plunged about 3%. Gold, which tends to do well when investors are worried, climbed more than 1%."None of it makes a lot of sense," said Michael Block, chief strategist at Rhino Trading Partners. "I don't know what we learned that was new. Chinese tariffs are not surprising."After spiking last year, the stock market hit extreme turbulence during the first three months of the year as investors worried about tariffs, inflation and tech stocks. The Dow snapped its longest quarterly winning streak in 20 years.Stocks may be volatile, but the backdrop looks bright. Global economic growth is expected to accelerate and corporate profits are likely to surge, thanks in part to Trump's corporate tax cuts."It's unlikely to be the end of the bull market," Warne said. "The underlying fundamentals remain positive." 3823

Three freshmen on the UCLA men's basketball team accused of shoplifting in the Chinese city of Hangzhou could be months away from returning home while the legal process in their case plays out.ESPN, citing a source with firsthand knowledge, reported Wednesday that LiAngelo Ball, Cody Riley and Jalen Hill were released on bail after being questioned about stealing sunglasses from a Louis Vuitton store near the team hotel. ESPN's LA-based reporter Arash Markazi is covering the team from China.Chinese officials wouldn't confirm the ESPN report that Ball, Riley and Hill were arrested. Hua Chunying, a spokeswoman for China's Foreign Ministry, said the case had been reported to US authorities. "China is handling this case in accordance with the law, and will guarantee the rights in accordance with the law, for those involved in this case," she said.Ball's father, LaVar, who is in China, said in a statement on social media that the process "could take ... months.""Ball, Riley and Hill are being required by Hangzhou police to remain at their hotel until the legal process is over, which could take days, weeks or even months," he said. "The hope is obviously sooner rather than later."If convicted of grand larceny, the players could face a prison sentence of between three and 10 years, according to Chinese criminal law.UCLA is in China for a week-long visit and is scheduled to open its season in Shanghai on Saturday against Georgia Tech. When asked about the arrests at a news conference, UCLA Coach Steve Alford said the players in question would not play in Saturday's game.LiAngelo Ball is a younger brother of former UCLA star Lonzo Ball, now a rookie with the Los Angeles Lakers.In a statement on Weibo earlier Wednesday, LaVar Ball called the incident "unfortunate to both the Ball family and UCLA."Cooperation and consternationUCLA, one of the United States' premier college basketball programs, says the university is cooperating fully with local authorities."We are aware of the matter involving UCLA student-athletes in Hangzhou, China and we are gathering more information," UCLA Associate Director of Athletic Communications Alex Timiraos said in a statement.Larry Scott, commissioner of the Pacific 12 Conference, of which UCLA is a member, said in a statement that the student-athletes "were involved in a situation" and were cooperating with local authorities."We are very disappointed by any situation that detracts from the positive student-athlete educational and cultural experience that this week is about," the statement said. "Whether in the United States or abroad, we expect our student-athletes to uphold the highest standards."News of the incident broke as US President Donald Trump landed in China, part of a trip to five Asian nations.A spokesperson from the US State Department told CNN it is "aware of reports of three US citizens arrested in China. We stand ready to provide appropriate consular assistance for US citizens."Due to privacy considerations, the State Department declined to comment further.The UCLA team was in Hangzhou to visit the headquarters of Alibaba, the e-commerce giant which is sponsoring Friday's game.The Ball familyLiAngelo Ball, a freshman, is the middle child of LaVar and Tina Ball. Their youngest son, LaMelo Ball, is in high school.The outspoken LaVar Ball has made regular headlines with his provocative comments since eldest son Lonzo began starring at UCLA last year. A former college basketball player who has been training his sons since they were kids, LaVar Ball said he could beat Michael Jordan one-on-one and that Lonzo, while still in college, was better than two-time NBA MVP Steph Curry.Lavar also predicted all his sons will eventually play for the Lakers.He is already a third of the way there. Lonzo Ball was selected second overall by the Lakers in the 2017 NBA draft and is seen as a building block for the team's future.The family stars in its own reality show on Facebook, "Ball in the Family," and boasts an athletic apparel line, Big Baller Brand. Its first sneaker, the ZO2, raised eyebrows when it was priced at 5.LaVar, Tina and LaMelo Ball went to China to watch LiAngelo play his first game as a Bruin and promote the opening of a Big Baller Brand pop-up shop in Shanghai.  4295

There are a lot of mixed feelings about COVID-19 vaccines and why people would or would not take one. However, health experts say we'll need them to achieve herd immunity and get back to a more normal life.“There's really a deep empathy for the hesitancy people are feeling. This is a big deal. It's normal to have questions about what's going on and we just want people to get the information they can to make empowered choices for them and their families, so we can really get back to what matters most for each and every one of us,” said Michelle Hillman, Campaign Development Officer at The Advertising Council.The Ad Counsel is the agency behind decades of important messages like "friends don't let friends drive drunk."Now, they are working on likely one of the most important campaigns of this generation, convincing people to take a COVID-19 vaccine.Right now, it's in the early stages of research and won't roll out on TV, radio and online until early next year when a vaccine is more widely available. But you can expect a lot of different spokespeople from doctors and pharmacists, to athletes and musicians.“The messenger in this case is going to be even more important in some ways than the actual message itself,” said Hillman.There will also be variations of the COVID-19 vaccine campaign to address specific groups, like communities of color. They've been more severely impacted by the virus and tend to have more vaccine hesitancy. So, partnerships in the messaging will be important.“We know that you know these on the community level people are already turning to churches and nonprofits and trusted messengers on issues like health care, hope, inspiration and all of them are really going to have to be messengers on this important campaign to break through to get people the information they need,” said Hillman.According to recent Pew research, only about 60% of adults say they would get a vaccine. Health experts have said we would need likely between 70 and 80 % to get close to herd immunity. 2027

They've been ignored for decades, but now, drive-in movie theaters are making a huge comeback. It's the only place where large crowds of people can see a movie together, and still maintain a social distance.Usually on vacant lots or in rural areas, the drive-in was hugely popular. Until it wasn't. Fancy theaters took over and many of those sites became a piece of history, the empty lots they sat on often doubling as a swap meet.“It’s been one of the most interesting stories of the pandemic, in terms of the movie business, is that drive-ins, which have been mostly ignored since the 70s and 80s, have become the focal point for theatrical movie going and for people who want to get out of the house and go to the movies, because those are the spaces that are open and I think it will have an impact going forward,” said Ross Melnick, professor of film and media studies at the University of California Santa Barbara.Melnick is also the man behind the website Cinema Treasures. The site provides research on more than 50,000 theaters around the world. “It features memories, comments, data, photographs; it’s a globally crowd-sourced information database in which people can talk about when they worked at theaters, the information they have on them. as well as remembering their history and contemporary function,” he explained.Now, it's a social site. People keeping in touch, remembering their favorite theaters, and their favorite memories. “When you’re home, you’re thinking about what you’re missing, what you used to do--used to go to the restaurant, coffee shop and one of the things they used to do is go to the movies,” Melnick said.The Memphis-based Malco Theatres has been a family business since 1915. There are 36 locations and one drive-in, which recently reopened. Malco called it a "socially distant cinematic success."“It’s selling out. It’s like the glory days,” said David Tashie, president of Malco Theatres. “Cars are piling in. The food is different, there’s walk-up tents and we’re bringing the food, so it’s definitely making a surge, and hopefully it continues when the indoor theaters open."The "glory days" as shown from this newspaper clipping on the cinema treasures site. Malco Theatres have been through a lot through the decades, having to adapt to every technological evolution. “We were the first to integrate theatres,” said Tashie. “We’ve survived Spanish flu, wars.”And now, they've survived a pandemic. “There’s a lot of history here we’re trying to protect and we’re on it, and Hollywood needs to keep delivering movies and we’ll have great places to show them,” he said.The Summer Drive-in is not alone. Melnick says there's been pop-up drive-ins all over the country and world. Some are so full they're turning people away. It's the one place where people can be together, even if they're not. "The longevity of the kind of business it creates a stake in the community there’s this continuum you have this place that and multiple generations have grown up in the area,” Melnick said. “The summer drive-in is this consistent location for rites of passage- childhood, teenage hood or parenthood. You have this consistency.” 3175

Three years ago, Megan Yaeger bought her first professional camera.“It was like my first love. Ya know, when you pick it up and an angel chorus sings in the background,” Yaeger said.However, it wasn’t a purchase she had been planning for. She had been saving money to go to Disneyland and was forced to cancel due to all of the smoke from fires back in 2017. Yaeger says her lungs can’t handle smoke.“Remember kind of like back in school when they’d force you to run and you’d be really really out of shape? And you’d just be sitting there, kind of feeling like you’re dying? That’s what it feels like but you’re sitting there with the smoke and you can almost feel the particles going into your lungs and you just can’t get full expansion of your lungs and it’s the worst feeling," Yaeger said. She says her lungs are very weak because she lives with a connective tissue disease.“So like your whole body is made of connective tissue – your vascular system, your heart, your lungs, your joints, your eyes – and my body kind of chooses to attack all of it,” Yaeger said.Yaeger lives in a rural town in Utah. But with all the wildfires burning in the western U.S., she’s concerned about the smoke in the air.“Even like campfire smoke I can’t be around, so I can’t imagine people with my condition who are living like right next to the fires,” Yaeger said.It’s not just people with chronic conditions who can be impacted by prolonged exposure to wildfire smoke, especially during the COVID-19 pandemic. According to the CDC, people who currently have or who are recovering from COVID-19 may be at an increased risk of health effects from exposure to wildfire smoke due to compromised heart and-or lung function related to the disease.“We know air pollution exposure causes inflammation and cellular damage in our lungs, we know that air pollution just wreaks havoc on our lungs, and so all of this hints at wildfire smoke also doing the same,” said Erin Landguth, an associate professor with the Center for Population and Health Research at the University of Montana.She was the lead author in a study that looked at the delayed effect of small particles from wildfire smoke that gets into your lungs and irritates it. Her team wanted to understand how it may impact the following flu season in Montana.“We basically show that across these 10 years of data, after a bad fire season, one would expect to see three to five times worse flu seasons,” Landguth said.Landguth says this leads researchers to believe wildfire smoke could make people more susceptible to contracting the flu, but she says more in-depth studies need to be done to confirm that. COVID-19 is different from influenza, but considering COVID impacts the lungs, Landguth says there’s cause for concern as wildfires rage in several states.“The hypothesis that air pollution can act both as a carrier of the infection of COVID-19 and as a factor that can worsen the health impact of the COVID-19 disease has been a hot research topic,” Landguth said.Landguth emphasizes correlation doesn’t necessarily mean causation -- meaning higher flu numbers the same years as large wildfires doesn’t mean the wildfires cause worse flu seasons. However, she says they’re actively trying to learn more by expanding the study to other states. In the meantime, Landguth says vulnerable and sensitive groups should keep an eye on air quality alerts and stay inside with a proper air filter. Yaeger is doing exactly that.“Staying inside, and if I’m feeling really wheezy, doing a lot of breathing treatments and just listening to my body,” Yaeger said.No matter what comes her way, Yaeger says she chooses to remain optimistic.“When you’re faced with death so many times, you either have the choice to just be miserable, or find joy even in the smallest moments. It’s kind of almost a survival mechanism I think, optimism," she said. 3887