May 08 (Wednesday)

Markets
Dow drops 470 points on growing trade-war threat, biggest decline since early January (C)
Trade war fears are crushing stocks, and sell-off could keep going if there is no deal by Friday (C)
Property Slowdown Beckons as Next Risk for Emerging Markets (B)

China
China Is Losing Its Grip on Companies Due to Trump’s Trade War (B)
China Defaults Hit Record in 2018. The 2019 Pace Is Triple That. (B)
China’s Sinking Online Lenders Seek Lifeline From Big Investors (B)

Japan
Japan’s labor shortage eats away at back-breaking work culture (R)

US politics
Decade in the Red: Trump Tax Figures Show Over $1 Billion in Business Losses (N)
Pelosi Issues Impeachment Warning as White House Escalates Fight (B)

Geopolitics & trade
China Agrees to Resume U.S. Trade Negotiations (W)
China Hawks Gain Upper Hand as Trump Squeezes Beijing Over Trade (B)
Here’s what it looks like if Trump starts a trade war with China (C)

Industries & companies
Airlines: Despite recent accidents, airlines have never been safer (MW)
Autos: GM’s Cruise Receives $1.2 Billion Equity Investment (W)
FAANGs: Tech Giants Rethink the Businesses That Made Them Big (W)
Media: Disney Reveals Movie Lineup Through 2027 (W)
Pharma: A $2 Million Drug Is About to Hit the Market (W)
Tech: Lyft posts large loss in its first quarterly report as a public company (C)

Corporate finance
Bristol-Myers Sells $19 Billion of Bonds to Fund Celgene Purchase (W)

Offbeat
No settlement expected in $27 million SEC ‘market manipulation’ case, court filing says (C)