Two big shareholders in Apple are pressuring the company to carry out research into whether iPhones are bad for children. Jana Partners and CalSTRS wrote an open letter to Apple citing a growing body of research that shows kids who use smartphones too much may become more depressed, and even suicidal. The two control around $2 billion in Apple shares between them. It’s highly unusual for activist investors to pressure a firm about social responsibility rather than corporate issues. Two major Apple investors are pressuring the firm to investigate just how addictive iPhones are for children, and the possible mental health impact of using the device too much. We first saw the news via The Wall Street Journal. It’s an unusual case of activist investors pressuring a firm over social responsibility, rather than corporate changes. Jana Partners LLC and the California State … [Read more...] about 2 big shareholders want Apple to investigate how bad iPhones are for children
Investigation
Mueller’s latest move undermines Trump’s claim that he isn’t being investigated
President Donald Trump said Saturday that everybody “tells me I’m not under investigation” in the FBI’s Russia probe. But a new report, which said special counsel Robert Mueller is calling back for questioning someone involved with Trump’s misleading statement about a 2016 meeting with a Russia-linked lawyer, appears to undermine that claim. Legal experts say proving Trump’s mindset when he dictated the statement could be critical to proving other charges – like obstruction of justice. Special counsel Robert Mueller called back for questioning at least one person who was involved in the June 2016 meeting with Trump campaign advisers and a Russia-connected lawyer, The Los Angeles Times reported. The Times further reported, confirming earlier news stories, that Mueller, who is investigating Russia’s interference in the 2016 election, recalled the individual while looking … [Read more...] about Mueller’s latest move undermines Trump’s claim that he isn’t being investigated
Trump unloads on Russia investigation, libel laws, and explosive new tell-all book during press conference
President Donald Trump railed against former White House chief strategist Steve Bannon and Michael Wolff, the author of an explosive new book about the inner workings of the White House. Trump said Wolff did not know him at all, and that “Sloppy Steve” gave him access to the White House. He also reiterated his past claim that there was “no collusion” with Russia and added that everything he did was “100% proper.” Trump then accused former Democratic nominee Hillary Clinton of colluding with the Russians. President Donald Trump unloaded on the Russia investigation and Michael Wolff, the author of an explosive new tell-all book during a press conference with reporters at Camp David on Saturday. In the book, former White House chief strategist and head of Breitbart News, Steve Bannon, is quoted eviscerating Trump, his son Donald Trump Jr., his daughter Ivanka Trump, … [Read more...] about Trump unloads on Russia investigation, libel laws, and explosive new tell-all book during press conference
Ex-NFLers Donovan McNabb, Eric Davis out at ESPN after sexual misconduct investigation
NEW YORK—Donovan McNabb and Eric Davis have been dismissed from ESPN following an investigation into accusations of sexual misconduct while employed at NFL Network.ESPN says in a statement Saturday “they are no longer working for us.” The pair worked for ESPN Radio and were taken off the air Dec. 12, pending an internal investigation.McNabb and Davis, both former NFL players, were among seven men named in a lawsuit against NFL Enterprises filed in December by former NFL Network wardrobe stylist Jami Cantor.According to the lawsuit, McNabb allegedly sent Cantor sexually explicit messages during his time at NFL Network. Davis is accused of making lewd comments.Cantor worked at NFL Network for a decade until she was fired in October 2016. In the suit, she alleges age and sex discrimination, sexual harassment, wrongful termination and defamation. … [Read more...] about Ex-NFLers Donovan McNabb, Eric Davis out at ESPN after sexual misconduct investigation
The SEC is investigating the Kushner family’s company over its use of a controversial visa program
The Securities and Exchange Commission (SEC) is investigating Kushner Companies for its use of a controversial visa program. The company is owned by the family of Jared Kushner, President Donald Trump’s son-in-law and senior adviser. This isn’t the first time Kushner Companies has come under scrutiny. The Securities and Exchange Commission (SEC) has launched a probe into Kushner Companies, the New York real-estate firm owned by the family of President Donald Trump’s son-in-law and senior adviser, Jared Kushner, The Wall Street Journal reported Saturday. The investigation reportedly focuses on the company’s use of the EB-5 visa program, which allows 10,000 immigrant visas each year in an effort to promote investment from foreign countries into less-developed regions or create jobs in the US.Foreigners who invest at least $500,000 in US businesses and plan “to create or preserve 10 … [Read more...] about The SEC is investigating the Kushner family’s company over its use of a controversial visa program