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Tennis superstar Serena Williams says she found out her sister's killer had been released from prison minutes before her loss to Johanna Konta last month.The 6-1 6-0 defeat to Konta in the opening round of the Silicon Valley Classic was the worst of Williams' 23-year career.In an interview with Time Magazine, the 23-time grand slam champion said she was scrolling through Instagram 10 minutes before her match and learned the killer had been released on parole."I couldn't shake it out of my mind," the 36 year-old said.Robert Maxfield was jailed for 15 years in April 2006 for the shooting of Yetunde Price -- Williams' older half-sister -- in 2003 in Compton, Los Angeles.Price was 31 at the time of her death and had three children aged 11, 9 and 5. 762
Take some time this week to thank some of the three million nurses across the country who help patients heal every day. National Nurses' Week runs from May 6 to May 12 and if you are a nurse, there are some deals and freebies at businesses around town to help you celebrate. 298

That was fast. Wall Street's enthusiasm for the US-China trade truce has completely vanished.The Dow Jones sunk nearly 800 points on Tuesday, nearly a three percent drop.The S&P 500 declined 2.5%, while the Nasdaq tumbled 3%.Big tech stocks fell sharply. Apple (AAPL), Amazon (AMZN) and Alphabet (GOOGL) lost more than 3% apiece.The selloff wipes out Monday's 288-point jump on the Dow. That rally had been fueled by relief over the ceasefire between the United States and China on the trade front.But investors are quickly realizing that the US-China trade war is not over. The tariffs already put in place remain. And new tariffs could be implemented if the two sides fail to make progress."People are still very concerned about the trade war," said Dan Suzuki, portfolio strategist at Richard Bernstein Advisors. "Financial markets are increasingly showing signs of fear of a recession."President Donald Trump did not help Wall Street's trade war worries on Tuesday. Trump said that he would "happily" sign a fair deal with China but also left open the possibility that the talks will fail."President Xi and I want this deal to happen, and it probably will," Trump tweeted. "But if not remember... I am a Tariff Man."Those words aren't likely to bolster confidence among investors already worried about the negative consequences of the trade war. Steel and aluminum tariffs have lifted raw material costs and caused disarray in supply chains. And uncertainty about trade policy makes it very difficult for companies to make investment decisions.Investors have also grown very worried in recent days about fluctuations in the bond market. The gap between short and long-term Treasury rates has narrowed significantly this week. Before almost every recession, the yield curve has inverted, meaning short-term rates are higher than long-term ones.The gap between the 10-year and two-year Treasury yields dropped on Tuesday to the smallest since just before the Great Recession. And the less closely watched gap between three and five-year Treasury yields inverted on Monday.The tightening yield curve reflects fears about a growth slowdown and concerns about whether the Federal Reserve is raising interest rates more quickly than the economy can handle. Fed chief Jerome Powell gave a speech last week that investors interpreted as signaling the central bank could slow its rate hikes. However, there is a debate over whether Powell really was telegraphing a sudden change.Barry Bannister, head of institutional equity strategy at Stifel, predicts the Fed will pause its rate hikes because it has already made monetary policy too tight. He pointed to the slowdown in the housing market caused by higher mortgage rates."It's playing with fire to be too tight and risk an inversion because you don't know what the outcome will be," Bannister told reporters on Tuesday. "Even if the Fed pauses, they may have already done too much."A flattening yield curve and slowing economic growth hurt the profitability of banks.The financial sector was the second-worst performer in the S&P 500 on Tuesday. Bank of America (BAC), Morgan Stanley (MS) Citigroup (C) and Wells Fargo (WFC) declined more than 4% apiece.But Suzuki cautioned that the markets could be overreacting. He pointed to strong corporate profits and the fact that the yield curve has not yet inverted."We don't see signs of an impending recession," Suzuki said. "There is a widening gap between market fear of a deterioration in the fundamentals and the actual fundamentals themselves." 3558
TALLAHASSEE, Fla. -- Governor Ron DeSantis has vetoed a bill that would have raised the minimum smoking age to 21 in Florida.Earlier in the year, the state was poised to raise the minimum age for smoking and vaping to 21. But on Tuesday, in a letter sent to the Department of State Secretary, Gov. DeSantis explained that banning vaping would be "more dangerous" for hundreds of thousands of Floridians who rely on the reduced-risk alternatives to cigarettes.Gov. DeSantis said in the letter that the bill -- Senate Bill 810 -- would lead more people to go back to smoking cigarettes and would "drive others to the hazardous black market."While Gov. DeSantis says it's "an important goal" to get younger Floridians to cut down on vaping, he said in the letter that the goal will not be achieved with the passage of the bill.Prior to being vetoed by the governor, Senate Bill 810 would have also banned sales of flavored vaping products.Below is Gov. DeSantis' letter to the state:Below is the now-vetoed Senate Bill 810:This article was written by KJ Hiramoto for WFTS. 1078
The Black Lives Matter Global Network Foundation has established a fund worth more than million to aid organizations fighting institutional racism, in the wake of the George Floyd protests.On Wednesday, the foundation, which has been influential in the emergence of the broader Black Lives Matter movement, said it was setting aside million in donations to support black-led grassroots organizing groups. Last week, it unveiled a separate .5 million fund for its network of affiliate chapters.Beginning July 1, affiliated chapters can apply for unrestricted funding of up to 0,000 in multi-year grants, the foundation announced. Grants from both funds will be administered through a fiscal sponsor, said Kailee Scales, managing director of the foundation.“In this watershed moment for black power building ... it is critical that we democratize giving to ensure all of us have access to the resources we need to reverse centuries of disinvestment in black communities, and invest in a future where we can all be connected, represented and free,” Scales said in a statement to The Associated Press.According to the network’s website, the organization has more than a dozen active chapters, including Boston, Chicago, Washington, D.C., and Detroit, as well as in Canada. Its newest chapter is in South Bend, Indiana.The foundation told the AP it has received more than 1.1 million individual donations at an average of per gift since the death of Floyd, a black man who died May 25 pleading for air as a white Minneapolis police officer held a knee to his neck for nearly eight minutes. The surge of financial support adds to roughly .4 million in net assets the BLM Global Network had on hand last year, according to a 2019 financial statement of Thousand Currents, the fiscal sponsor which receives donations on the network’s behalf and then releases money to the group.Creation of the funds signals a growth in infrastructure for the network, which had been at odds with some local chapter organizers, who felt network leaders weren’t providing enough financial support for initiatives such as rapid response to police brutality. Although there are many groups that use “Black Lives Matter” or “BLM” in their names, only 16 are considered affiliates of the global network.For Black Lives Matter Los Angeles, the network’s first official chapter, the fund will increase its capacity to support families in need of legal aid, public communications strategy and other services after a loved one is killed by police, said organizer Melina Abdullah, who is a professor in the Pan-African Studies department at California State University, Los Angeles.“We’ve been struggling for seven years now with very limited resources,” Abdullah told the AP. “We’re not paid. But we also have real costs, even if we’re not taking salaries.”Renewed energy in the BLM movement has created a need for more resources, she added. “This fund will allow us to move forward in really strong ways.”Racial justice groups across the U.S. have reported receiving tens of millions of dollars in donations, particularly for community bail funds posting bond for protesters arrested in demonstrations. The wealth is being spread across younger grassroots organizations and legacy institutions, such as the NAACP Legal Defense and Education Fund and the National Urban League.The Black Lives Matter movement emerged in 2013 amid anger over the acquittal of George Zimmerman, the Florida man who shot and killed 17-year-old Trayvon Martin in 2012. The network of chapters was formed in 2014, following what organizers called Ferguson October, a national mobilization in response to the police shooting death of 18-year-old Michael Brown in Ferguson, Missouri.“I’m really proud of the work we’ve been able to do in the last seven years,” Patrisse Cullors, co-founder and chairwoman of the Black Lives Matter Global Network Foundation, said in a statement. “What is clear is that Black Lives Matter shares a name with a much larger movement and there are literally hundreds of organizations that do impactful racial and gender justice work who make up the fabric of this broader movement.”The foundation has already identified several movement organizations that it would like to support, said Cullors, who declined to name the groups. The foundation says it will “prioritize mutual aid organizations, direct service and organizations focused on creating sustainable improvements in the material conditions for all black people.” It also looks to support black lesbian, gay, bisexual and transgender-led groups.Over its nearly six years of existence, the BLM Global Network had received contributions from high-profile donors, including A-list entertainers such as Jay-Z, Beyoncé and Prince, who contributed to BLM mere weeks before his death in 2016. But unanswered questions of transparency and access to those gifts left some organizers in network affiliate chapters frustrated.In January 2018, a New York City chapter announced its decision to leave the BLM Global Network, citing the need for autonomy to better serve its community. In December 2019, a different group of organizers in New York rejoined the network, Scales said.In recent weeks, the BLM Global Network has had to debunk misinformation from conservative activists who claimed the group’s donations were being redirected to the Democratic Party.The network has also been in a tug of war with a California-based organization called the “Black Lives Matter Foundation,” which has accepted donations that do not support the movement. The other group reportedly raised millions of dollars in recent weeks from small individual gifts and from employees of large corporations, such as Apple and Microsoft, who believed they were supporting the Black Lives Matter Global Network Foundation.___Morrison is a member of the AP’s Race and Ethnicity team. Follow Morrison on Twitter at https://twitter.com/aaronlmorrison. 5969
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