Hello! Here’s what’s happening on Wednesday.
1. The stock market is still in flux after the Dow’s biggest point drop on record. The Dow Jones industrial average rebounded by more than 1,000 points, while Australian stocks have started to very slowly climb back.
3. The US said there are no plans to meet with North Korea during the Winter Olympics. Vice President Mike Pence had earlier hinted he wouldn’t rule out a meeting while at the games this week.
4. UK Prime Minister Theresa May called for laws to ban abuse of politicians online. May said the bullying has become a growing “threat to democracy” which must be tackled.
5. Travis Kalanick appeared in court for Uber’s legal battle with Waymo. Uber’s former CEO is a key witness for Waymo, which is looking to prove that Uber stole trade secrets regarding self-driving cars.
6. Billionaire casino mogul Steve Wynn resigns from Wynn Resorts amid sexual misconduct scandal. Last month, The Wall Street Journal reported that Wynn had engaged in sexual misconduct for decades.
7. A major 6.4 earthquake hit Taiwan’s east coast, killing two and injuring nearly 200. The quake originated about 13 miles (21 kilometers) northeast of the coastal Hualien City, where several buildings were damaged or collapsed.
8. The Supreme Court in the Maldives reversed a controversial ruling which dismissed terrorism charges against opposition leaders. The reversal comes after the president orchestrated the arrests of two justices by announcing a 15-day state of emergency.
9. Poland has outlawed the term “Polish death camp.”The law, which bans language that suggests Poland was complicit in Nazi war crimes, has been controversial in the US and Israel.
10. Australia’s deputy prime minister is having a baby with a former staffer. Barnaby Joyce was a defender of traditional marriage during last year’s same-sex marriage vote before announcing the breakdown of his 24-year marriage.
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