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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

There are disturbing allegations of abuse in a Livonia, Michigan nursing home, with some of it caught on a hidden camera.The family of the patient is suing; saying the abuse to their elderly father was partially motivated by race.The allegations are hard to hear and even harder to see, a caretaker at Autumnwood telling her then 87-year-old patient to “shut up”, calling him derogatory names, and throwing him in and out of his wheelchair.All of it was caught on a hidden camera over just 2 days - a sliver of the 6 months of alleged abuse.Husein Younes, the then 87-year-old Lebanese man, went to Autumnwood for help to recover from a surgery in May of 2015.The hidden camera was placed after Younes had been complaining for months about the behavior to his family.“I raised concerns with the Autumnwood many times and they assured me everything would be taken care of,” says Husein’s son Salim Younes.“This is one of the most troubling cases I have ever seen. It’s chilling and its literally a horror house and I would wish this on no one,” says the family attorney Jonathan Marko.The lawsuit against autumnwood and its owner claims the abuse was racially motivated.Autumnwood did release a statement that reads:Autumnwood of Livonia takes any allegation of abuse and inappropriate care seriously, and exhaustively investigates such claims to ensure the safety of its residents. Autumnwood’s policy is not to comment on residents in their facility to protect their privacy, and to comply with privacy laws and regulations related to health information. However, now that a family of a former resident at Autumnwood of Livonia, the Younes family, who has filed a lawsuit against Autumnwood of Livonia, made the decision to publicly litigate their lawsuit in the press and make public allegations and information related to the care and condition of Mr. Younes, my client now has the right to make a public statement.In December 2015, the Younes family’s attorney raised concerns to staff of Autumnwood of Livonia about the treatment of Mr. Younes after he had been discharged from the facility. The Younes family’s attorney informed staff that they believed that Mr. Younes had been abused at the facility. Despite requests for additional information, no details were offered. My client immediately conducted an internal investigation, reported the allegations to the state survey agency that regulates nursing homes, and reported the allegations to the local police department consistent with state and federal regulations. My client and the notified governmental agencies, were unable to substantiate the allegations with the information we had at the time.Although the Younes family had in their possession in December 2015 a video that provided information related to the allegations of abuse, the existence of the video itself was not disclosed to my client until May of 2016, when the video was sent to my client along with a demand for payment of monetary damages. The actions depicted in the video are in no way illustrative of the quality care that is provided by the caring staff at Autumnwood on a daily basis. When Autumnwood received this new information and video, another internal investigation was immediately launched, and the new information provided by the Younes’ attorney, five months after the alleged incident, was turned over by Autumnwood to the state survey agency and law enforcement.The employees identified from the video have been terminated, and additional training has been provided to all employees. Autumnwood continues to assist the involved state regulatory and law enforcement agencies with their investigations of the former staff and is committed to continuing to provide quality care to all of the residents and families they have the privilege to serve.As the family has filed a civil complaint and the matter is in litigation, Autumnwood cannot comment any further. 3917

Those looking to get out of their homes Labor Day weekend appear to be favoring remote locations, according to travel site Airbnb.Of homes and living spaces booked on the site for Labor Day Weekend, 30 percent are in remote and out-of-the-way places, Airbnb said in a recent report. This is almost double the percentage of remote bookings over the holiday weekend in 2019.The most popular getaway locations in the US over the holiday weekend are ones with water access or traditional fall foliage; including Hilton Head Island, South Carolina, Big Bear Lake, California, Wilmington, North Carolina, Scranton, Pennsylvania, and Orange Beach, Alabama.After a slow summer travel season, with road trips and flights down year-over-year, AAA is reporting many will be heading out of town over the Labor Day Weekend. Although the number of travelers will be down compared to previous years, low gas prices and last-minute trips will put many of them on the roads.Once Labor Day Weekend is over, Airbnb is reporting guests are looking to stay longer. Many are looking for months-long stays into the fall, as work and schools remain closed with the coronavirus pandemic."There's this really new trend where traveling and living are starting to blur together," the company's CEO, Brian Chesky, told CNN Business' Richard Quest. "People are booking for weeks at a time or even months at a time."Airbnb reports the number of reviews that mention “remote working” or “work remotely” since March has nearly tripled from the first half of 2019. 1539

TORONTO (AP) — Kyle Lowry's 3-pointer at the buzzer was well off, and the Golden State Warriors rallied from a six-point deficit in the final three minutes to beat the Toronto Raptors 106-105 in Game 5 of the NBA Finals on Monday night.The Raptors still lead the series 3-2. Game 6 is Thursday at Oracle Arena.Kevin Durant left the game injured and Kevon Looney did the same, but the Warriors still found a way. Stephen Curry scored 31 points and Klay Thompson had 26 for the Warriors.Kawhi Leonard had 26 for the Raptors. Lowry finished with 18. 554

Three men have been banned from Yellowstone National Park after a park ranger caught them cooking chickens in a hot spring.Back on Friday, Aug. 7, a park ranger was alerted that a group of men with cooking pots were hiking toward's the park's Shoshone Geyser Basin, the East Idaho News reported. Shortly after that, the ranger found two whole chickens in a burlap sack in a hot spring and a cooking pot nearby.According to the Associated Press, when defendant Eric Roberts, of Idaho Falls, Idaho, was asked about what the group was up to, he said they were making dinner.Of West Valley City, Utah, Dallas Roberts and Roberts were ordered to serve two days in jail and pay 0 in fines and fees, and Eric Romriell, of Idaho Falls, paid ,250 in fines and fees, the AP reported.According to the AP, the men are banned from Yellowstone while serving two years of unsupervised probation.As for whose idea it was, Eric Roberts said it was a "joint thing," the AP reported.According to the park's website, the hot springs have "injured or killed more people in Yellowstone than any other natural feature." The park urges guests near thermal areas to stay on boardwalks and trails and if you have children, you're advised to keep them close and not let them run. 1265