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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
MARATHON, Fla. (AP) — Officials say a pregnant woman jumped into the water to save her 30-year-old husband when a shark latched onto his shoulder as he was snorkeling in the Florida Keys.The attack happened Sunday morning along Sombrero Reef, off Marathon. Andrew Eddy had just gotten into the water when the shark bit into him.Deputies say the Atlanta man's wife, Margot Dukes-Eddy, dove into the water without hesitation and pulled him to safety.Medics waiting on the beach flew Eddy to Miami for treatment. His condition wasn't available, but deputies described the injury to his shoulder as severe.No one else was injured by the shark.The Monroe County Sheriff’s Office says the shark was described by witnesses as being 8 to 10 feet long.“This was a very rare medical crisis for the Florida Keys, but everyone came together — including those witnesses on the boat to 911 Communicators to all our emergency responders — in order to ensure this victim received life-saving care,” said Sheriff Rick Ramsay in a press release. 1035
Love Shark Week? You may be in luck.USDirect.com says it will pay one lucky fan ,000 to watch every second of this year’s Shark Week on the Discovery channel. The person will also receive snacks to help get them through the viewing, as well as Shark Week “swag.”“Put yourself to the test—if you think you’ve got the guts,” wrote the company.USDirect says the “jawb” entails tweeting and sharing your favorite Shark Week fact each day, using the hashtag #SharkWeekDreamJawb.The person will also need to rank each program from least to best in the following categories: Most entertaining, most informative, most fearsome (scariest), and most surprising.The “job” will begin on Aug. 9 and last for an entire week.“We don’t care if you watch Shark Week in bed, in-between meetings, or at the dinner table (though your family may feel differently): as long as you watch every second of Shark Week 2020, ,000 is all yours,” wrote USDirect.To be considered, here’s what USDirect says it needs from you:· You gotta love sharks—enough to celebrate them for a whole week.· You have to be at least 18 years old and a U.S. resident.· You have to be willing to document your Shark Week marathon on your social media.Those interested can apply here. The deadline to submit an application is July 27 at 5 p.m. ET. 1310
Many schools are taking a different approach in helping children in school improve behavior.Dee Marie is bringing yoga to classrooms. She says she saw a need to teach non-violent coping skills after Columbine, so she created the non-profit group Calming Kids.The group teamed up with researchers at Harvard University to study the effects.“We got up to 93 percent less hitting,” Marie says. “We got incredible increase up to 86 percent increase in focus. Focus on their classwork, focus on their homework.”The simple techniques of the yoga practice are transforming behavior, even the behavior of bullies.“Students were able to settle in themselves better and started to get some ah-ha moments,” Marie says. “And what was really interesting was that the bullies started to recognize that they were bullies.”Marie’s program is global, reaching several states, Mexico and Puerto Rico.She's going back to the West Bank to teach for a second time next year.Similar programs are offered to help children.Jim and Lyneea Gillen started Yoga Calm when they saw students with learning disabilities or impacted by trauma having a tough time.“Initially I tried to get kids into counseling, but there weren't many services in a small town, and when there were, they weren't affordable for families,” explains Lyneea Gillen.The couple got their business accredited and began tracking results.“72 percent of the kids reported using the techniques at home unsolicited in a response to stress,” Jim Gillen says.Both programs now offer online courses.“It’s a solution to some of the problems we're seeing in schools right now,” Lyneea says. “I think we've met a need.”In Baltimore, some schools have even swapped detention for a meditation and mindfulness room and saw fewer children getting referred for discipline. 1812
MEXICO CITY (AP) — About 750 Central American migrants headed out of Mexico City on Friday to embark on the longest and most dangerous leg of their journey to the U.S. border, while thousands more were waiting one more day at a massive improvised shelter.The group that got a head start bundled their few possessions and started off, taking a subway to the north part of the city and then hiking down an expressway with a police escort.For many, it was the first time they had ever been in a metro system, and they had little knowledge of the city or the 1,740 mile (2,800 kilometer) route to Tijuana that lay ahead of them.RELATED: Interactive map: Migrant caravan journeys to borderCarlos Castanaza, a 29-year-old plumber from Guatemala City, wrapped himself from head to toe in a blanket against the cold and asked bystanders where the first toll booth was. When told it was in a town about 20 miles (30 kilometers) away, he carefully wrote the name of the town on his hand with a pen to remember where he was going.Deported for driving without a license after a decade working in Connecticut, Castanaza was desperate to get back to his two U.S.-born children. "I've been wanting to get back for more than a year, but I couldn't until the caravan came through," said Castanaza. "That's why I joined the caravan."The advanced group hoped to reach the north-central city of Queretaro, about 105 miles (170 kilometers) to the northwest, by nightfall.PHOTOS: Migrant caravan moves through MexicoMeanwhile, another 4,000 to 5,000 migrants milled around the massive shelter improvised at a Mexico City sports complex, impatient to leave."Let's go, let's go!" shouted Eddy Rivera, 37, a rail-thin migrant from Honduras who said he couldn't take staying in the camp any longer. "We are all sick, from the humidity and the cold," said Rivera, who left behind four children and a wife in Honduras. "We have to get going, we have to get to Tijuana."Though he was unsure how an unskilled farmworker like himself would be allowed in the United States, he had a simple dream: earn enough money to build a little house for his family back in Puerto Cortes, Honduras.RELATED: Timeline: Migrant caravan journeys to U.S.-Mexico borderThousands of migrants have spent the past few days resting, receiving medical attention and debating how to proceed with their arduous trek through Central America and Mexico which began in mid-October. On Thursday, caravan representatives met with officials from the local United Nations office and demanded buses to take them to the border, saying the trek would be too hard and dangerous for walking and hitchhiking.Caravan coordinator Milton Benitez said officials had offered them buses for women and children but organizers demanded that they be for everyone. By Friday, the migrants said they were so angry at the U.N.'s lack of help that they no longer wanted U.N. observers with the caravan.The United Nations on Friday denied the offer, releasing a statement saying its agencies "are unable to provide the transportation demanded by some members of the caravan."The migrants made a big point of sticking together, their only form of self-protection.Felix Rodriguez, 35, of Choluteca, Honduras had been at the Mexico City sports complex for more than a week."We all want to get moving," he said. But he was waiting for the main group to leave Saturday, noting "it is better to leave in a group, because leaving in small bunches is dangerous."Mexico City is more than 600 miles from the nearest U.S. border crossing at McAllen, Texas, but the area around the Mexican border cities of Reynosa, Matamoros and Nuevo Laredo is so rife with drug gangs that the migrants consider it too dangerous to risk.A previous caravan in the spring opted for the longer route to Tijuana in the far northwest, across from San Diego. That caravan steadily dwindled to only about 200 people by the time it reached the border."California is the longest route but is the best border, while Texas is the closest but the worst" border, said Jose Luis Fuentes of the National Lawyers Guild.Mexico has offered refuge, asylum or work visas to the migrants, and its government said 2,697 temporary visas had been issued to individuals and families to cover them while they wait for the 45-day application process for a more permanent status. On Wednesday, a bus left from Mexico City to return 37 people to their countries of origin.But many want to continue on toward the United States.Authorities say most have refused offers to stay in Mexico, and only a small number have agreed to return to their home countries. About 85 percent of the migrants are from Honduras, while others are from the Central American countries of Guatemala, El Salvador and Nicaragua. 4770