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Coming off a day of record-breaking gains, the Dow Jones Industrial Average took a major hit on Tuesday, closing down nearly 800 points amid coronavirus fears. The Dow dropped despite the Federal Reserve announcing that interest rates would drop by .5 percent, a move generally used to help boost the economy in times of economic downturns. While the Dow gained nearly 1,300 points on Monday, a one-day record, the Dow has lost nearly 4,000 points in recent weeks. The market has lost nearly 15% of its total value in that time span. Among the industries to see major losses include travel, pharmaceutical and aviation. Companies such as Boeing, at Walt Disney and Walgreens have seen double-figure losses in their stock value. Oil companies such as Chevron have also seen a large drop in value in recent weeks. 824
Dozens of beachgoers stepped in to help several pilot whales that beached on a coastal Georgia island on Tuesday, according to local authorities and videos shared on social media.Dixie McCoy, who witnessed the rescue and posted live footage of it on Facebook, told CNN at least 20 whales came near the shore of St. Simons Island's East Beach.About five or six whales from the pod beached themselves, and bystanders worked to push the animals back to sea, Georgia Department of Natural Resources (DNR) spokesman Tyler Jones told CNN in an emailed statement. 568
CNN is hosting the second set of Democratic presidential debates Tuesday and Wednesday, taking place in Detroit.20 Democrats will take the stage over two nights. The first night will, for the first time, offer a match-up between Massachusetts Sen. Elizabeth Warren and Vermont Sen. Bernie Sanders, the two top progressives in the Democratic primary. The second night will offer a rematch of former Vice President Joe Biden and California Sen. Kamala Harris, whose clash over race became the most closely watched moment of the first round of debates.For a large part of the Democratic field outside of the top-tier candidates, the pair of debates will be one of the last chances to make an impression on a national audience. The Democratic National Committee raised the threshold to qualify for the fall debates, meaning many of the candidates run the risk of not making the stage in September and October.Here's how to watch:When are the debates?CNN's Democratic presidential primary debates will be held on Tuesday, July 30, and Wednesday, July 31, starting at 8 p.m. ET and ending around 10:30 p.m. ET.How can I watch them?CNN's Democratic presidential debates will air exclusively on CNN and will stream live in their entirety, without requiring log-in to a cable provider, exclusively to 1304
DETROIT — Police say a 23-year-old man died Saturday when he was trying to take apart his handgun and it discharged. The incident happened at 6:40 p.m. in Detroit.Police say that when they arrived the man was attempting to transport himself to a local hospital. The officer then applied a tourniquet to the victim's left leg. Witnesses on the scene detailed what occurred before officers arrived. The victim was then taken to the hospital where he later died. 472
Facebook CEO Mark Zuckerberg sought to recast the challenges facing his company in a historical light on Thursday, describing social media as a kind of "Fifth Estate" and describing politicians' calls to clamp down on tech companies as an effort to restrict the freedom of expression.In a speech citing landmark Supreme Court cases and historical figures such as Frederick Douglass, Zuckerberg told an audience at Georgetown University that during times of social upheaval, policymakers have instinctively sought to limit the freedom of speech."The impulse is to pull back from free expression," he said. But, he continued, "We are at a crossroads. We can either stand for free expression ... or we can decide the cost is simply too great. We must continue to stand for free expression."Zuckerberg had 814