Mar 08, 2017 08:46 PM EST
Walt Disney Co.'s CEO defended his seat on US President Donald Trump's advisory council saying it is an opportunity to voice opinions that will benefit Disney and the company's shareholders.
Bob Iger, Walt Disney's chief executive, had said during Disney's annual shareholders meeting that he had no intention of stepping down from the group, as some of his critics have urged him to do.
A member of the Colorado People's Alliance voiced out Iger's decision to stay on the council suggests Disney "is tacitly endorsing Trump's agenda."
Iger said he does not believe him being a member "supports or endorses" Trump's policies. He said, however, it was important that they have input in a forum where policies are being thought out.
He said, during a meeting held in Denver, that it would be in the best interest of Disney and its shareholders to be there "in the room where it happens" to be able to express opinions.
The Disney chief stated he would at times express views "likely to be adversarial" to the president.
Travis Kalanick, Uber Technologies Inc UBER.UL CEO, had quit Trump's advisory group last month bending to the pressure from activists and employees who have opposed the present administration's immigration policies.
According to Iger, immigration, which had helped Disney in many ways, could be one example that he could address on the council. He said the US and Disney have benefited from an open and fair immigration policy, and added he doesn't "happen to believe policies that single people out by religion are fair and just."
Activists have been asking Iger to step down from President Trump's Strategic and Policy Forum, stating being on the president's business advisory council runs counter to Disney's family-friendly core values of equality, diversity, and inclusion and it may seem as if he is passively endorsing the US president's controversial positions.
Visa Inc and Mastercard Inc, the two biggest U.S. card networks, are preparing to raise certain fees levied on U.S. merchants for processing transactions from this April, the Wall Street Journal reported on Friday, citing people familiar with the matter.
People who travel for business two weeks or more a month report more symptoms of anxiety and depression and are more likely to smoke, be sedentary and report trouble sleeping than those who travel one to six nights a month, according to a latest study conducted by researchers at Columbia University's Mailman School of Public Health and City University of New York.
President Trump said Friday he is declaring a national emergency on the southern border, tapping into executive powers in a bid to divert billions toward construction of a wall even as he plans to sign a funding package that includes just $1.4 billion for border security.
Amazon's decision to abandon plans to build a new campus in Long Island City, Queens, has drawn cheers from several politicians, community organizers and other locals opposed to the expansion.
Whether the presence of a college or hospital increases a home's value has to do with the institution's size and the ZIP code's population, says a new study by computer scientists at the University of California, Riverside.
In recent decades, Europe has experienced a downward trend in the annual number of deaths. Not only was this trend not arrested by the economic recession that started in 2008, in fact, the rate of decline increased during the recession years.
Discovering that your new designer handbag or gold watch is a fake is costly and annoying, and counterfeit medical devices or drugs could have even more serious consequences. But seemingly as soon as manufacturers develop a new method to ensure product authenticity, counterfeiters find a way to outsmart it. Now, researchers have created an "unclonable" tag that can never be replicated, even by the manufacturer. They report their results in ACS Applied Materials & Interfaces.
The traditional model for setting auto insurance premiums has been to base rates on the motorist's driving history, age, gender and even marital status (in some states). Thanks to new technological options, insurance companies, and motorists have started to work together to give the insurance companies access to better data on an individual driver's risk level, and give the same driver a sense of greater control over how much he or she will pay in insurance premiums.
Consumer brands have long used old-fashioned focus groups, interviews and surveys to best gauge consumer wants, desires and needs as part of processes that range from product development, to marketing and sales. As machine learning and artificial intelligence (AI) have emerged, there is an increasing interest in the ability to harness these solutions to save time and money, and to yield more reliable consumer insights.