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Tempe, Arizona police are investigating a deadly crash involving a self-driving Uber vehicle early Monday morning.  The Uber vehicle was reportedly headed northbound when a woman walking outside of the crosswalk was struck. The woman, identified as 49-year-old Elaine Herzberg, was taken to the hospital where she died from her injuries.Tempe Police says the vehicle was in autonomous mode at the time of the crash and a vehicle operator was also behind the wheel. No passengers were in the vehicle at the time. An Uber spokesperson said they are aware of the incident and are cooperating with authorities.They released the following statement: "Our hearts go out to the victim’s family. We are fully cooperating with local authorities in their investigation of this incident."Uber's CEO Dara Khosrowshahi also acknowledged the incident on Twitter: 906

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

TEMECULA, Calif. (AP) — A Southern California doctor has been convicted of taking part in a million scheme to defraud Medicare.A federal jury on Wednesday found Donald Woo Lee of Temecula guilty of eight charges.Prosecutors say Lee provided medically unnecessary procedures to Medicare beneficiaries and provided phony billing codes to obtain a higher government reimbursement.Authorities say Lee submitted million in bills and received .5 million in reimbursements.Besides health care fraud, Lee was convicted of adulteration of a medical device because prosecutors say he re-packaged single-use catheters for reuse on patients. 647

Superhero creator and legend Stan Lee has filed a lawsuit in excess of billion against a company he co-founded.The suit, filed Tuesday Los Angeles Superior Court, alleges that Pow! Entertainment conspired with two employees to steal Lee's identity.According to the lawsuit obtained by CNN, Pow! Entertainment CEO Shane Duffy and co-founder Gill Champion "conspired and agreed to broker a sham deal to sell POW! to a company in China and fraudulently steal Stan Lee's identity, name, image, and likeness as part of a nefarious scheme to benefit financially at Lee's expense."The complaint centers around the 2017 sale of the company to Hong Kong-based Camsing International.Lee, Champion, and Arthur Liberman formed Pow! Entertainment in 2001, the suit states.Lee, who helped create Black Panther, Iron Man, the X-Men and countless other Marvel characters in comic books and on the big screen, was led to believe he had entered into a non-exclusive licensing agreement with Pow!, according to the complaint.Lee says the defendants fraudulently obtained his signature, allowing Pow! Inc. to gain "the exclusive right to use Lee's name, identity, image and likeness on a worldwide basis in perpetuity."The complaint also states that Duffy, Champion and Lee's former business manager Jerardo Olivarez (who is not named as a defendant in the suit) took advantage of his grief over the death of his wife of 70 years, Joan B. Lee, last year and his poor eyesight due to macular degeneration.In the suit, Lee alleges that Olivarez managed to convince him to sign a power of attorney to gain control over Lee's assets.Duffy and Champion have not responded to CNN's request for comment.CNN has reached out to Lee and Pow! Entertainment for comment. "Lee does not recall anyone reading the Illegitimate Document to him, and, due to his advanced macular degeneration, he could not have read it himself," the complaint states.Lee filed a separate suit against Olivarez in April, alleging fraud and financial abuse of an elder.CNN was unsuccessful in attempts to reach Olivarez.But in April, Olivarez denied to The Hollywood Reporter that he had misappropriated Lee's funds."Mr. Lee told me I had given him a new lease on life after Mrs. Lee's passing," Olivarez said. "I had looked out for him during recent contract negotiations with Pow! [Entertainment]. He gave me a check as a thank-you."In the days after his wife's death, the suit alleges that certain individuals took great advantage of Lee by firing his banker and his longtime lawyers, along with transferring almost million out of one of his accounts, forging a 0,000 check, and buying a 0,000 condo.The suit follows an investigative piece by The Hollywood Reporter about possible elder abuse involving Lee, who is 95.A tweet from Lee's official Twitter account on Tuesday referenced identity theft."Help! Someone has hijacked my Facebook and Instagram," the post read. "I want everyone to know whoever is writing them is a fraud and is impersonating me. How do I get them back? Can you guys help?"  3071

Syracuse University has suspended a professional fraternity after video footage surfaced showing members exhibiting "extremely racist" behavior, according to the university's chancellor.Videos purport to show members of Theta Tau, an engineering fraternity, repeatedly using racial slurs and simulating sex acts.Chancellor Kent Syverud called the behavior "offensive" in a statement to the campus community Wednesday. 425

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