Photo: David Ryder / Getty Images
Amazon slid 6% after market open on Wednesday morning after it was reported by Axios' Jonathan Swan that President Trump has privately discussed changing Amazon's tax treatment to help small businesses.
Why it matters: Amazon had a solid start to 2018 but this is the first major hit the company has taken this year.
People wearing facemasks stand near Yangtze River in Wuhan. Photo: HECTOR RETAMAL/AFP via Getty Images
China has lifted its lockdown of Wuhan, the city in Hubei province where the coronavirus outbreak was first reported in December, according to the New York Times.
Why it matters: As cases surged in January, China took the draconian step of sealing off the city of 11 million and shutting down its economy — a response that was viewed at the time as only possible in an authoritarian system, but which has since been adopted by governments around the world.
Illustration: Sarah Grillo/Axios
Subscribe to Mike Allen's Axios AM to follow our coronavirus coverage each morning from your inbox.
Glenn Fine, acting Pentagon watchdog
President Trump on Monday replaced the Pentagon's acting Inspector General Glenn Fine, who had been selected to chair the panel overseeing the rollout of the $2 trillion coronavirus relief bill passed last month, Politico first reported.
Why it matters: A group of independent federal watchdogs selected Fine to lead the Pandemic Response Accountability Committee, but Fine's removal from his Pentagon job prevents him from being able to serve in that position — since the law only allows sitting inspectors general to fill the role.