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American business leaders break with Donald Trump

American business leaders break with Donald Trump

Finance
“I’VE never known it to be an embarrassment for a business leader to be associated with an American president,” declares Max Bazerman of Harvard Business School. Donald Trump, in particular, has positioned himself as a businessman-president, whose corporate acumen would unleash a new era for American business. Investors seemed to believe him—his election prompted a giddy “Trump bump” in the stockmarket—and corporate bosses flocked to his side. This week they fled. For many, it seems as much a clear-eyed business calculation as a moral awakening.Some distanced themselves more quickly than others. The trigger was Mr Trump’s reluctance to condemn neo-Nazis and white supremacists who staged violent protests in Virginia on August 12th. Kenneth Frazier (pictured), chief executive of Merck, a big
Trump has 'inside information' on who protested in Charlottesville: Falwell Jr.

Trump has 'inside information' on who protested in Charlottesville: Falwell Jr.

World
Evangelical Christian leader Jerry Falwell Jr. defended President Donald Trump's comment that there were "very fine people on both sides" in the Charlottesville protests, saying the president "had information I didn't have" about who participated in the demonstration against removal of a Confederate statue in the Virginia city. "He has inside information that I don't have," Falwell Jr. told ABC News Chief Global Affairs Correspondent Martha Raddatz on "This Week" Sunday. "I don't know if there were historical purists [at the protests] who were trying to preserve some statues. I don't know." The Liberty University president added of the president, "I think he saw videos of who was there. I think he was talking about what he had seen … He had information I didn’t have.” Falwell Jr. was r
On a chaotic day in DC, Trump goes after Amazon, again

On a chaotic day in DC, Trump goes after Amazon, again

Technology
President Donald Trump renewed his attacks on e-commerce giant Amazon, saying Wednesday that the company is "doing great damage to tax paying retailers." Trump, in a tweet, said that "towns, cities and states throughout the U.S. are being hurt - many jobs being lost!" The president has been a frequent critic of the company and CEO Jeff Bezos (BAY'-zohs), who also owns The Washington Post. Many traditional retailers are closing stores and blaming Amazon for a shift to buying goods online. But the company has been hiring thousands of warehouse workers on the spot at job fairs across the country. Amazon has announced goal of adding 100,000 full-time workers by the middle of next year. Trump has said that Amazon does not pay "Internet taxes," but it's unclear what he meant by that. Amazon.com...
Pence won't address Trump comments but condemns supremacists

Pence won't address Trump comments but condemns supremacists

World
Vice President Mike Pence on Wednesday skirted questions about President Donald Trump's comments voicing sympathy for Charlottesville protesters, but said he stands with the president nonetheless. Pence wouldn't say during a press conference in Chile whether he agrees with Trump that there were "fine people" among the white supremacists, KKK members and neo-Nazis who took to the streets of Charlottesville, Virginia, over the weekend, and whether "both sides" were to blame for the deadly violence between white supremacists and counterdemonstrators, as the president claimed. One woman died when a car plowed into a crowd of people protesting the white nationalist rally. In a carefully-worded statement, Pence called what happened in Charlottesville "a tragedy" and said, "the president has bee...
Web hoster fights order to ID Trump protesters

Web hoster fights order to ID Trump protesters

Technology
A web hosting service is fighting a warrant ordering it to identify visitors to a site that encouraged protests against Donald Trump's inauguration. The US Department of Justice (DOJ) wants DreamHost to hand over the 1.3 million IP addresses of everyone who visited the the disruptj20.org website.DreamHost has said that it will fight the warrant because it believes the request could be in breach of political speech protections.It said the IP addresses, in addition to the contact details, emails, and photographs of thousands of people - which were also requested - were too sensitive to be released."That information could be used to identify any individuals who used this site to exercise and express political speech protected under the Constitution's First Amendment," said a statement by the ...