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The jittery stock market is once again heading south.The Dow dropped 327 points, or 1.3%, on Thursday, with selling accelerating after Treasury Secretary Steven Mnuchin backed out of a conferencein Saudi Arabia. The index had been down 471 points at one point.Tech stocks fell sharply, sending the Nasdaq tumbling 2.1%. Netflix declined 5%, while Facebook and Amazon lost about 3% apiece.Stock market volatility is back on Wall Street. Fears about rising bond yields and the US-China trade war sparked heavy selling last week, the worst for all three major indexes since March. Stocks rebounded sharply on Tuesday, before another wobbly session on Wednesday. The CNN Business Fear & Greed Index of market sentiment is flashing "extreme fear."The market slide gathered steam on Thursday after Mnuchin announced on Twitter that he will not participate in the Saudi summit. Mnuchin said it was a joint decision with President Donald Trump and Secretary of State Mike Pompeo. An administration official told CNN that no other government officials will attend the event in Mnuchin's place.The news adds to rising global uncertainties, including concerns about Italy's budget and a plunge in China's stock market.David Kotok, chief investment of Cumberland Advisers, said he believes Thursday's market slide was driven more by concerns about Italy and China."But Mnuchin doesn't help things," said Kotok.Mnuchin's announcement points to elevated tensions between the United States and Saudi Arabia over the disappearance of Washington Post journalist Jamal Khashoggi.Saudi Arabia has threatened to retaliate against potential US sanctions. The kingdom is the world's largest oil exporter, giving it great sway over global energy prices. US oil prices briefly bounced on the Mnuchin news but closed lower on the day.Saudi Arabia has also played a huge role financing the rise of Silicon Valley, serving as the tech industry's unofficial banker.But the market has also been pressured by other international developments. Even before Mnuchin's tweet, analysts pointed out that Italian bond yields spiked due to concerns about Italy's budget proposal. The European Union plans to send a formal warning letter to Rome to signal displeasure over plans to increase Italy's budget deficit, Reuters reported.Chinese markets were also under pressure. The Shanghai Composite plunged nearly 3% overnight, falling deeper into a bear market as the US-China trade war continues to linger.US investors continue to move money out of the riskiest parts of the market and into defensive areas. While tech stocks fell sharply, defensive areas such as utilities and telecom rose slightly."There is a rotation away from the tech and momentum names," Kotok said. "One has to ask: Has FANG been defanged?" 2868

The Pac-12 Conference announced Thursday that they have decided to will play football this season after all.In a press release, the conference said the season would kick off Nov. 6 and no fans will be allowed "at any sporting competition taking place on Pac-12 campus.""Enabling Pac-12 teams would be considered for selection by the CFP," the conference said in the release. "The football schedule will be released in the coming days."The conference also stated that they be implement cardiac monitoring protocols for all student-athletes who test positive of COVID-19."The Pac-12 institutions are also participating in a national COVID-19 cardiac registry which will allow for medical practitioners to monitor closely, and gain greater insight into, potential health outcomes in student-athletes," the conference said. The conference said teams will play seven conference-only games, with the conference championship game scheduled for Dec. 18.“From the beginning of this crisis, our focus has been on following the science, data and counsel of our public health and infectious disease experts,” said Pac-12 Commissioner Larry Scott. “Our agreement with Quidel to provide daily rapid-results testing has been a game-changer in enabling us to move forward with confidence that we can create a safe environment for our student-athletes while giving them the opportunity to pursue their dreams. At the same time, we will continue to monitor health conditions and data and be ready to adjust as required in the name of the health of all.”The conference also announced that men’s and women’s basketball will begin their season on Nov. 25.In August, the Pac-12 decided that they were postponing this season of college football due to the coronavirus pandemic. 1762

The large brawl at the Cambria is now code 4. 2 have been arrested and 2 transported to the hospital with non-life threatening injuries. The investigation is continuing. pic.twitter.com/KRLqlJ6xMS— Anaheim PD (@AnaheimPD) August 5, 2020 244

The old expression “just like riding a bike” doesn’t apply to everyone.After 12 years of driving his car, Gavin Burgo is getting back on a bicycle and he’s having a tough time picking up where he last left off.“Driving downtown is fairly dangerous,” he said. “Especially with Segways ruling the roads for a while."Helping Burgo relearn the rules of the road are neighborhood navigators from Bicycle Colorado, a nonprofit organization supporting the interests of bicycle riders worldwide.“We know that COVID has definitely impacted how people are getting around,” said James Waddell, mobility program director with Bicycle Colorado. Waddell’s team recently received a grant from the Federal Highway Administration, which is being used to help teach people how to ride bikes safely in downtown areas.“We’ll take you on a 10-minute city spin loop, teach you a few urban bike dance moves and get your bike confidence up,” he said.An increase in confidence as more people are now riding bikes and driving less across America.New numbers from the American Automobile Association show many major metropolitan areas saw traffic drop nearly 60% during the early parts of the pandemic.While many commuters are now shifting gears, with AAA shows traffic has rebounded to nearly 90% of pre-COVID numbers. Bicycle Colorado hopes this program can inspire change country-wide.“If Denver can get it right, we can help New York get it right,” Waddell said. “I think just across the country, we’ll start to see how we use our streets a little bit more with people in mind.”Waddell says these services and are available every day from 1:30 p.m. to 7:30 p.m. at Larimer Square in downtown Denver.As for Burgo, these lessons have helped him become more cycle savvy in urban areas.Knowing the rules of the road become second nature, just like riding a bike. 1843

The man at the center of an election fraud investigation in a North Carolina congressional race turned in nearly half of the requests for absentee ballots in a single county, records released Tuesday by the state's elections board show.Leslie McCrae Dowless, a veteran political operative in Bladen County who was convicted of insurance fraud in 1992 and was connected to questionable absentee ballot activity in another election, is at the center of a probe into unusual activity in the county.Dowless worked for Republican candidate Mark Harris, a Baptist minister who tallied 905 more votes than Democratic businessman and retired Marine Dan McCready.Dowless personally turned in 592 of the 1,341 total absentee ballots requested in Bladen County. Only 684 absentee ballots were ultimately cast in the county. Dowless did not return CNN's request for comment. Dowless has denied any wrongdoing to The Charlotte Observer. The state's Board of Elections and Ethics Enforcement last week refused to certify Harris as the winner as it investigates potential misconduct. If the nine-member board determines the election was tainted enough to cast doubt on its outcome, it can order another election.The probe appears to focus on Bladen and Robeson counties, which each had unusually high rates of absentee ballot requests and unreturned absentee ballots.In Bladen County, officials kept records of who turned in absentee ballot requests in person. Those records were made public by the state elections board late Tuesday afternoon.The board also released envelopes of 184 absentee ballots in Bladen County they received back as return to sender mail because it was undeliverable. These ballots were requested in some form but the addresses designated were undeliverable.Both Bladen County and Dowless have been at the center of controversy over absentee ballots before. In 2014, Dowless worked for Jim McVicker, who was narrowly elected sheriff amid allegations of absentee ballot misconduct. McVicker did not respond to a request for comment Tuesday and his office said he was unavailable.In 2016, Dowless -- this time as a winning candidate in a race for the Bladen Soil and Water Conservation District -- claimed absentee ballot irregularities. The state board of elections dismissed his complaint.In recent 9th Congressional District elections, absentee ballots have tipped in favor of the candidates employing Dowless.In 2016, Todd Johnson, a Republican who had hired Dowless as he opposed Rep. Robert Pittenger in a primary, won 221 of the 226 absentee ballots cast in the district -- even as Johnson finished third in the primary. Johnson did not respond to requests for comment Monday and Tuesday.This year, Harris won 437 absentee ballots in Bladen County to Pittenger's 17, though there was no allegation of ballot tampering in that race. Harris won 420 absentee votes in the general election in Bladen County to McCready's 258.Wake County District Attorney Lorrin Freeman said her office and the State Bureau of Investigation have launched criminal investigations into what appear to be voting irregularities in Bladen County in 2016.Freeman told CNN she opened the investigation this February based on information forwarded by the state elections board. The same information was sent to Bladen County District Attorney Jon David, she said, but he requested that Freeman take the lead in the probe."That investigation is ongoing and encompasses now those 2016 and 2018 election cycles and focuses on what appear to be absentee ballot irregularities," Freeman said.She said the probe, which includes reviewing documents and interviewing witnesses, currently focuses on Bladen County but may expand beyond it. She also said she is in communication with federal authorities, but did not offer more details.Dowless is also at the center of allegations that absentee ballots were tampered with. A set of 161 ballots obtained by CNN showed that nine people individually signed as "witnesses" on at least 10 absentee ballots. Many of those nine are loosely connected to Dowless, a review of social media accounts and public records showed.North Carolina requires witnesses to sign absentee ballots. Usually, those witnesses are family members or friends. But a CNN review found three witnesses signed more than 40 ballots each, another signed 30 and three other people signed more than 10 apiece.One of those people, Ginger Eason, told CNN affiliate WSOC that Dowless paid her between and 0 per week to pick up finished absentee ballots. She said she handed them to Dowless and isn't sure what happened after that.Lacy Allison, a voter in Bladenboro, told CNN on Tuesday that Lisa Britt, a Dowless associate, had filled out an application for an absentee ballot for him. Allison said Britt had told him she'd bring it back for him to sign -- but he never saw her again.He shared Britt's phone number with CNN, but when reached, Britt said she had no comment.Emma Shipman, a Bladen County resident who filed an affidavit with the state elections board, said Tuesday that she'd had no interest in voting and wasn't sure why an absentee ballot had arrived -- but that she gave it to a woman who came to her door offering to help fill it out and turn it in.Shipman said she doesn't know who she voted for."I don't know what happened," she said.In a sworn affidavit submitted to the elections board by North Carolina Democrats, one man says he spoke to Dowless in April and that Dowless told him he was working on absentee ballots for Harris and McVicker this year and had more than 80 people working for him.Harris' campaign acknowledged it had received a subpoena for documents from the state elections board."I want to emphasize -- again -- that the campaign was not aware of any illegal conduct in connection with the 9th District race; however, the campaign intends to cooperate with all lawful investigations of the conduct of the election and, like everyone else, is awaiting the outcome of the investigation by the State Board," said John Branch, an attorney for the Harris campaign, in a statement.The-CNN-Wire 6131

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