Kellyanne Conway Says 'I Make My Own Choices' After Announcing Surprise White House Exit
Kellyanne said she would share her next steps "in time" and that "this is completely my choice and my voice."
George, 56, separately said on Sunday he will be "withdrawing" from The Lincoln Project, a conservative political group targeting Trump, "to devote more time to family matters."
The couple's 15-year-old daughter Claudia developed a viral following on TikTok by staunchly criticizing Trump and her mother's support of him. Claudia’s dad later called for her privacy from the spotlight, citing her age. Claudia has continued to post publicly about turmoil at home, including in a tweet on Saturday about seeking "emancipation."
Kellyanne's statement on Sunday did not reference Claudia by name, though she ended by saying: "For now, and for my beloved children, it will be less drama, more mama."
Boeing To Offer Second Layoff Plan
Boeing Co (BA) will offer a second voluntary layoff package to employees to depart the company with a pay and benefits package, according to several reports citing a letter sent by the company’s chief executive officer Dave Calhoun to the employees. The move will extend overall workforce reductions beyond the initial 10 percent target unveiled in April.
In the letter to the employees, Boeing chief executive officer Dave Calhoun reportedly said that the voluntary layoff will be offered largely to staffers in the company’s commercial airplanes unit, services division and corporate operation. The company did not provide the exact number of employees to be laid-off in the second round.
In May, Boeing announced layoffs of about 6,770 U.S. team members, as part of its earlier plan of 10 percent reduction in its workforce.
Citing the weak demand and delay in purchases of jets during the virus crisis, Boeing on April 29 had announced its plans to trim employee number by roughly 10 percent through a combination of voluntary layoffs, natural turnover and involuntary layoffs. The company then said deeper reductions would be there in certain areas, expecting more than 15% cut across commercial airplanes and services businesses, as well as corporate functions.
TikTok Says It’s Suing U.S. Over Ban, Claims No Security Threat
TikTok said it is asking a judge to block the Trump administration from enacting a ban on the Chinese social-media network, as the company brings a geopolitical fight over technology and trade into a U.S. courtroom.
TikTok said in a blog post Monday that its parent, ByteDance, is challenging an Aug. 6 order from President Donald Trump prohibiting U.S. residents from doing business with TikTok under the International Emergency Economic Powers Act. The White House issued a second order Aug. 14 under a separate national security law that would force ByteDance to sell its U.S. assets.
The suit, which argues TikTok poses no security threat, sidesteps the second order. That order is based on an investigation by the Committee on Foreign Investment in the U.S. Decisions by the interagency panel, which is led by the Treasury Department, are all but impossible to overturn in court. The second order was issued under a 2007 amendment to the Defense Production Act.
— With assistance by Ben Brody, and Kurt Wagner
From Goldman Sachs to Morgan Stanley, here's what bulge-bracket banks are paying their first-year IB analysts
You can make bank in these investment banking jobs.
Bulge-bracket banks like Goldman Sachs, Wells Fargo, and UBS pay their first-year IB analysts $91,000 per year (not including bonuses) on average, according to data from the website Wall Street Oasis.
But, which specific banks pay the most, and which pay the least? How much do first-year analysts at banks like Morgan Stanley, Bank of America Merrill Lynch, or Deutsche Bank stand to walk away with?
Business Insider found out.
We took a deep dive into a salary data set from WSO to compile a list of what the 10 biggest investment banks pay their first-year analysts. Hundreds of WSO users self-reported their compensation numbers to the site to assemble the data.
You can read the full stories here:
COMP COMPARE: From Goldman Sachs to JPMorgan, here's what you can make at all the bulge-bracket banks as a first-year IB analyst
Spotify inks podcast deal with ‘League of Legends’ maker Riot Games
Spotify is digging deeper into podcasting in a new partnership Riot Games, maker of the battle royale video game “League of Legends.”
The deal will include an original podcast series for “League of Legends,” as well as playlists inspired by the gaming community. It also will give users a look at the creation of the Worlds Anthem, a series of music videos that kick off the opening ceremonies of “League of Legends’” annual World Championship competition.
Los Angeles-based Riot Games debuted “League of Legends” in 2009. It has gone on to be one of the most played PC games, spawning various offshoots of the original.
For Spotify, the Riot Games partnership further expands its reach into the podcasting space. In recent months, Spotify has inked exclusive podcast deals with Kim Kardashian, Joe Rogan, Michelle Obama and Warner Bros.’ DC Comics, all in the hopes of bringing in new revenue and adding to its sizable global subscriber base.
Last month during its second-quarter earnings call, Spotify said it netted 299 million total monthly users, of which 138 million were subscribers who paid for its premium, ad-free service.