Can Apple make 'Made in America' work? Major drug company ex-execs arrested in alleged kickback scheme, and more news
Apple has reportedly asked two iPhone assemblers in China if it would be feasible to move the work to the US. Both suppliers said the cost impact would be prohibitive, as one would imagine. But Apple's rationale could involve president-elect Trump's threat to impose punitive tariffs on China, and China's message it would single out Apple for retaliation. Anyway, as Forbes points out, Apple could exit China and still not build iPhones in the US.
=> Like this? Share with #DailyRundown
Amazon is set to expand its streaming media presence to 200 countries, a move that would make it "a formidable competitor to Netflix," the Wall Street Journal reports. Amazon Prime Video is currently available in the US, UK, Germany, Austria and Japan. NetFlix made its own big move last January, expanding from 30 countries to 190.
=> Miss the last update? Catch up here
Two former top execs of drugmaker Valeant and mail-order pharmacy Philidor were arrested in what "prosecutors described as a multi-million-dollar fraud and kickback scheme aimed at personally enriching both executives," the New York Times reported. The alleged plot began to unravel last fall, when a secret connection between the companies was revealed.
Donald Trump will discuss Secretary of State with Mitt Romney, one of the president- elect's harshest detractors, NBC reports. The 2012 GOP presidential nominee (whom Trump endorsed) called Trump a "phony" "fraud" "con man" and a "fake" in a May speech. But Romney's congratulated Trump and, if offered the post, it's hard to imagine he could possibly decline. (Photo by Ethan Miller/Getty Images)
McDonald's expects to pilot mobile ordering next year. It's part of an effort to project itself as a "modern, progressive burger company," execs told a meeting with reporters. Don't laugh: Competitors who are already succeeding at this include Chick-fil-A, Starbucks, Domino's, Dunkin Donuts, Chipotle and Taco Bell.
For the Record: Tesla and SolarCity shareholders approved the merger. Elon Musk, who owns about 22% of each company, recused himself, and some analysts still consider the deal something of a bailout for SolarCity. But Tesla has asserted that it expects SolarCity to net more than $500 million over the next three years.
Aw things are just nuts. if you read - "advisors" say US manufacture costs are "PROHIBITIVE" - then read "Anyway, as Forbes points out, Apple could exit China and still not build iPhones in the US." - simple trade war with China won't end well for any party
…
8 年If you aren’t sure what constitutes this damaging behavior, here are 30 signs of emotional abuse. 1. They humiliate you, put you down, or make fun of you in front of other people. 2. They regularly demean or disregard your opinions, ideas, suggestions, or needs. 3. They use sarcasm or “teasing” to put you down or make you feel bad about yourself. 4. They accuse you of being “too sensitive” in order to deflect their abusive remarks. 5. They try to control you and treat you like a child. 6. They correct or chastise you for your behavior. 7. You feel like you need permission to make decisions or go out somewhere. 8. They try to control the finances and how you spend money. 9. They belittle and trivialize you, your accomplishments, or your hopes and dreams. Related Post: Why Do Women Stay In Abusive Relationships 10. They try to make you feel as though they are always right, and you are wrong. 11. They give you disapproving or contemptuous looks or body language. 12. They regularly point out your flaws, mistakes, or shortcomings. 13. They accuse or blame you of things you know aren’t true. 14. They have an inability to laugh at themselves and can’t tolerate others laughing at them. 15. They are intolerant of any seeming lack of respect. 16. They make excuses for their behavior, try to blame others, and have difficulty apologizing. 17. The repeatedly cross your boundaries and ignore your requests. 18. They blame you for their problems, life difficulties, or unhappiness. 19. They call you names, give you unpleasant labels, or make cutting remarks under their breath. 20. They are emotionally distant or emotionally unavailable most of the time. Are you living with an emotional abuser? Click here to get your free Emotional Abuse Test. Find out your personal score. 21. They resort to pouting or withdrawal to get attention or attain what they want. 22. They don’t show you empathy or compassion. 23. They play the victim and try to deflect blame to you rather than taking personal responsibility. 24. They disengage or use neglect or abandonment to punish or frighten you. 25. They don’t seem to notice or care about your feelings. 26. They view you as an extension of themselves rather than as an individual. 27. They withhold sex as a way to manipulate and control. 28. They share personal information about you with others. 29. They invalidate or deny their emotionally abusive behavior when confronted. 30. They make subtle threats or negative remarks with the intent to frighten or control you.
Multi-unit team builder
8 年I am all about capitalism and free markets but it is time that corporations learned what it is to be good citizens of their community. We expect people to do "the right thing" so why should we expect any less from our corporate citizens? A rising tide lifts all boats!
Sr. Tech Writer/Editor (Cybersecurity) | Communication Expert | Author & Researcher–Analyzing how tech reshapes power, labor, and human cognition. Advocating for automation that frees us to think, create, and innovate.
8 年Yes, Apple products can be made in the USA. It just means less profit for them because they will have to pay the workforce more but, who cares. Boo-freakin-hoo. Why do we care if a companies profits decline? Why do we care if a company can't pay it's top execs millions of dollars each year? Corporations are NOT people. Stop treating them as such. So sick of billion dollar companies crying that they might lose some profits by making things in America while I am over here barely able to pay my basic bills that allow me to survive. Corporate america is jaded...how much money is enough? I mean, seriously...Apple could lose millions and still be just fine. So sick if this argument.