5.14.2019

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All your news in a single email. We scour 100+ sources so you don't have to. Culture, science, sports, politics, business, and more - all packaged in a 5-minute read below.
Need To Know.
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China Retaliates.
China announced new tariffs on $60B of US goods entering the country yesterday, countering the tariffs applied by the US to nearly $200B of Chinese imports late last week. The new tariffs will put an effective tax on nearly 5,200 types of American products ranging from 5% to 25%, and are set to kick in June 1st, barring any new agreement. The deepening trade crisis comes as negotiators rush to strike a broader deal between the two countries - beyond tariffs, US officials have repeatedly accused the Chinese government of encouraging IP theft from American companies. Sources indicated China backtracked on a range of key provision in a nearly completed deal late last week, prior to the tariff hike. The administration threatened to slap another 25% tariff on all remaining Chinese imports, which would span about $300B in goods. Major US markets dropped steeply on the news (S&P 500 -2.4%, Dow -2.4%, Nasdaq -3.4%).

Here’s what made up the nearly $540B in Chinese imports last year.
Cannes Film Festival.
The 72nd annual Cannes Film Festival kicks off today in Cannes, France, where an invite-only crowd will preview a slate of international films and documentaries. The festival, one of the “Big Three” film festivals along with Venice and Berlin, will open with American director Jim Jarmusch’s zombie comedy The Dead Don’t Die (see trailer). One of the most anticipated films in the field is Quentin Tarantino’s Once Upon a Time in Hollywood, starring Brad Pitt as a stunt double for aging actor Leonardo DiCaprio, and set in 1970s Los Angeles as the infamous Manson murders unfolded (full slate of films). One notable absence will be any entries from streaming giant Netflix, who will skip for the second straight year amid a dispute over the timing of when it is allowed to makes its entries available to the general public. Finally, organizers are courting controversy after deciding to honor actor Alain Delon, despite recent comments where the actor admitted to physically abusing women.

The real competition may be the ritzy crowd’s superyacht showdown.
Billion-Dollar Verdict Against Monsanto.
A jury awarded a California couple over $2B in damages after determining that the popular weedkiller Roundup led to the development of non-Hodgkin's lymphoma in both the husband and wife. It was the third verdict finding that the chemical spray, made by agricultural giant Monsanto, causes cancer - two other California cases awarded $80M and $$289M, though the latter was reduced by a judge to $78M. At the center of the case is the chemical glyphosate, which a number of studies have linked to increased cancer risk, but whose status as a carcinogen has not been fully determined (see scientific review here). The EPA currently classifies the chemical as safe when used in accordance with label instructions. Regardless of its status, Monsanto has been accused of interfering in supposedly independent scientific reviews examining Roundup's safety, and the company now faces an estimated 13,000 similar cases. Experts believe yesterday's billion-dollar judgment will ultimately be reduced. 
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In The Know.
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Sports, Entertainment & Culture.
> Doris Day, legendary actress and musician, dies at age 97 (More) | Read celeb reactions to Day's passing (More)
> Tiger Woods sued in wrongful death case by family of bartender who was allegedly overserved alcohol at Woods' restaurant in Florida prior to dying in a drunk driving accident (More)
> Actress Felicity Huffman pleads guilty in college admissions scandal; prosecutors recommend 4-month prison sentence as part of plea deal (More)
Science & Technology.
> Amazon pilots machines that can pack up to 700 boxes per hour, nearly 4-5x the rate of a human worker (More)
> CO2 levels measured Hawaii’s Mauna Loa Observatory pass milestone of 415 parts per million; levels are believed to be the highest in the last 800,000 years (More)
> Researchers develop cyber-countermeasure that allows AI programs to defend against malicious code hidden in audio signals (More)
Business & Markets.
> Plant-based meat maker Impossible Foods raises $300M from venture capital firms & celebrities including Serena Williams, Katy Perry, Jay-Z (More)
> Toronto-based private equity firm Onex to take Canada's WestJet Airlines private in $5B deal at 63% premium to share price (More)
> Bitcoin continues surge, tops $8k for first time in 2019, as large retailers Whole Foods, Nordstrom, and Crate and Barrel say they will accept the digital currency (More)

Join the community of over 10M worldwide on eToro. Test your skills with $100,000 virtual money and track your trades (More) #Ad
Politics & World Affairs.
> Attorney General William Barr appoints prosecutor to examine whether intelligence gathering that led to origin of Special Counsel Robert Mueller's Russia probe was "lawful and appropriate" (More)
> Former president Jimmy Carter recovering from surgery after broken hip; 94-year-old suffered fall prior to turkey hunting trip (More)
> Disciplinary trial for Daniel Pantaleo, whose 2014 choke hold led to the death of Eric Garner, began yesterday; internal procedure expected to last 10 days (More)
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In Depth.
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The Blow Up.
The Guardian | Matthew Bremner. In 2001, a smuggler's yacht washed up on the small island of São Miguel, part of the Portuguese archipelago of the Azores. The payload, a half-ton of high-grade cocaine, blew apart the island's economy, with effects still felt 20 years later. (Read)
Hundreds of Bodies, One Nurse.
New York Times | Melissa Eddy. A German nurse, Niels Högel, admitted to dozens of murders but might have killed as many as 300 patients. So what prevented colleagues from stopping one of the world’s deadliest serial killers? (Read)
Etcetera.
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It's May and still snowing in the US Northeast
From Liam to Emma, the most popular baby names from 2018
San Francisco looks to ban use of facial recognition technologies by city agencies
Experts say koalas may now be "functionally extinct"
Explorer breaks record for deepest ocean dive in history, finds discarded plastic bag.
The death of a close friend can affect mental health for up to four years
The hidden logic behind area codes (w/ video). 
World’s stinkiest fruit forces evacuation at an Australian library.
Clickbait: Arizona lifts 50-year-old nunchuck ban
Historybook: Jamestown is settled as first permanent English colony in the Americas (1607); Lewis and Clark begin their western expedition (1804); HBD Cate Blanchett (1969); 1st US space station, Skylab, is launched (1973); RIP Frank Sinatra (1998).
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