THE VIOLENT PROTESTS THAT SHOOK THE LARGEST IPHONE FACTORY IN THE WORLD – HAVE APPARENTLY CHANGED APPLE’S APPETITE FOR CHINA.
THE WALL STREET JOURNAL IS REPORTING THE COMPANY IS SPEEDING UP PLANS TO SHIFT SOME PRODUCTION OUT OF THE COUNTRY THAT DOMINATES ITS SUPPLY CHAIN.
APPLE’S REPORTEDLY TELLING SUPPLIERS TO PLAN FOR ASSEMBLY IN OTHER PARTS OF ASIA, PARTICULARLY INDIA AND VIETNAM… AND HINTING AT LESS RELIANCE ON TAIWAN-BASED FOXCONN, WHICH RUNS THE ZHENGZHOU FACTORY AT THE CENTER OF THESE COVID-LOCKDOWN PROTESTS.
COUNTERPOINT RESEARCH SAYS UNDER NORMAL CONDITIONS, THIS ONE FACTORY ACCOUNTS FOR 85% OF PRODUCTION ON APPLE’S TOP PHONE MODEL. AND THE UNREST HAS CAUSED PRODUCTION DELAYS AND SHORTAGES JUST IN TIME FOR THE HOLIDAYS.
APPLE MAY BE LOOKING OUTSIDE FOXCONN TO FURTHER DIVERSIFY, BUT FOXCONN IS LOOKING TO MAKE A CHANGE, TOO.
THE SUPPLIER PLANS TO QUADRUPLE ITS WORKFORCE AT AN IPHONE PLANT IN INDIA, ACCORDING TO REUTERS.
BOTH COMPANY AND SUPPLIER, SEEMINGLY SICK OF VIRUS DISRUPTIONS OUT OF CHINA.
WHILE CHINA IS STARTING TO LIFT SOME OF ITS MOST CRIPPLING RESTRICTIONS, CLAIMING ON STATE MEDIA IT’S BECAUSE THE VIRUS IS WEAKENING, NOT BECAUSE OF THE UNPRECEDENTED PROTESTS SEEN IN THE COUNTRY.
I’M SIMONE DEL ROSARIO. IN NEW YORK, IT’S JUST BUSINESS.
Republicans, Democrats and Elon Musk are all speaking out against Former President Donald Trump’s statement that sections of the constitution should be terminated.
Here’s what happened.
On Friday nigh t, journalist Matt Taibii released part one of what’s being called the “Twitter files”. It revealed that during the 2020 presidential campaign, both the Trump and Biden teams would email Twitter executives and ask them to fact check or remove certain tweets. Twitter complied. In one email, a twitter executive wrote to another- “more to review from the Biden team,” with a list of tweets. The recipient responded three hours later, “handled these.” Taibbi also revealed Twitter executives struggled to explain how censoring the Hunter Biden laptop story fit their hacked materials policy. Twitter executives questioned whether their explanations were adequate.
Trump responded on his Truth Social site that: “A Massive Fraud of this type and magnitude allows for the termination of all rules, regulations, and articles, even those found in the Constitution.”
But Trump is being shot down.
Elon Musk responded by tweeting: The Constitution is greater than any President.
Rep Elect Mike Lawler: “Obviously I don’t support that. The Constitution is set for a reason, to protect the rights of every American. So I certainly don’t endorse that language or that sentiment.”
The White House said in a statement: “Attacking the Constitution…should be universally condemned. You cannot only love America when you win.”
Rep. Hakeem Jeffries: “The Republicans are going to have to work out their issues with the former president and decide whether they’re going to break from him and return to some semblance of reasonableness, or continue to lean into the extremism, not just of Trump but of Trump-ism.”
Straight from DC, I’m Ray Bogan.
SIMONE DEL ROSARIO:
TOP SOCCER PLAYERS SCORE THE BIGGEST SALARIES IN ALL OF SPORTS, MORE THAN BASKETBALL, AMERICAN FOOTBALL OR EVEN BOXING. AS THE WORLD CUP SHOWCASES THE BEST OF THE BEST, HERE ARE THE HIGHEST PAID FOOTBALLERS IN THIS WEEK’S FIVE FOR FRIDAY.
LIVERPOOL’S MO SALAH RAKES IN $35 MILLIE ON THE PITCH, WHILE ENDORSEMENTS BRING IN AN ADDITIONAL $18 MILL PER YEAR. SALAH HAS WON THREE GOLDEN BOOTS AS THE TOP GOAL SCORER IN THE ENGLISH PREMIER LEAGUE. AND THAT’S SCORED HIM DEALS WITH VODAFONE EGYPT AND ADIDAS, WHERE HE WAS FEATURED IN AN AD WITH RICK AND MORTY. SALAH’S NATIONAL TEAM EGYPT DIDN’T QUALIFY FOR QATAR, BUT AT 30 HE STILL HAS PLENTY OF OPPORTUNITY.
NEYMAR IS LIKE CHER OR MADONNA, AN ICON THAT GOES BY JUST ONE NAME. THE BRAZILIAN WAS THE SUBJECT OF A RECORD $263 MILLION DOLLAR TRANSFER FROM BARCELONA TO PARIS SAINT-GERMAIN IN 2017. FORBES HAS HIS ON-FIELD COMPENSATION AT $55 MILLION WITH $32 MORE IN ENDORSEMENT DEALS. NEYMAR LEFT A MASSIVE CONTRACT WITH NIKE TO BE THE FACE OF PUMA IN 2020. AND HE’S HOPING TO LEAD BRAZIL TO ITS SIXTH WORLD CUP TROPHY, IF HE CAN COME BACK FROM A NASTY ANKLE INJURY.
CRISTIANO RONALDO MAKES MORE IN ENDORSEMENTS THAN ANY OTHER FOOTBALLER, RAKING IN $60 MILL A YEAR, ON TOP OF A $40 MILLION DOLLAR SALARY. THE PORTUGUESE SUPERSTAR WAS LOOKING FOR A NEW TEAM AFTER MANCHESTER UNITED TERMINATED HIS CONTRACT IN NOVEMBER, BUT THE 37-YEAR-OLD REPORTEDLY HAS A HUGE OFFER FROM THE SAUDIS THAT WOULD MAKE HIM #1 ON THIS LIST AFTER HE SIGNS. AS FOR SPONSORSHIPS, FROM CLEAR SHAMPOO TO NIKE, HE’S IN HOT DEMAND. HE EVEN HAS AN AIRPORT NAMED IN HIS HONOR, JUST DON’T BRING UP THAT BUST THEY INITIALLY UNVEILED.
LIONEL MESSI MAKES $65 MILLION PER YEAR PLAYING WITH PSG, WHILE SCORING $55 MILLION OFF THE PITCH. ARGENTINA IS TRYING TO MAKE A RUN FOR THE WORLD CUP, WHICH WOULD LIKELY GIVE THE SUPERSTAR EVEN MORE ENDORSEMENTS. THERE ARE RUMORS THAT HE COULD RETURN TO BARCELONA OR EVEN COME TO THE U.S. FOR THE TWILIGHT OF HIS CAREER, BUT HE LIKELY WON’T MAKE ANY DECISIONS UNTIL AFTER QATAR.
KYLIAN MBAPPE IS THE ONLY PLAYER ON THE LIST TO ALREADY HAVE A WORLD CUP TITLE AND THE YOUNGEST TO BOOT. THE 23-YEAR-OLD PLAYS WITH MESSI AND NEYMAR AT PSG MAKING $110 MILLION A YEAR AND A PALTRY $18 MILLION IN ENDORSEMENTS. MBAPPE IS ANOTHER NIKE ATHLETE, A DIOR AMBASSADOR, AND HE’S GRACED THE COVER OF EA SPORTS FIFA THE LAST FEW YEARS. FRANCE HAS A DECENT CHANCE TO REPEAT IN THE WORLD CUP, WHICH COULD INJECT MORE CASH INTO HIS ACCOUNTS.
WITH ALL THAT MONEY FLOATING AROUND, WE’RE STILL DEBATING WHO GETS TO CALL THEIR SPORT FOOTBALL? THAT’S FIVE FOR FRIDAY. I’M SIMONE DEL ROSARIO. AND IT’S JUST BUSINESS.
Two Republican Senators introduced a bill they say will protect small family farmers and ranchers from proposed SEC rules regarding greenhouse gas emissions disclosures.
The SEC proposed a rule that would require public companies to disclose their greenhouse gas emissions. That includes all operations the company owns or controls, and any indirect emissions that occur as their products are being made. That’s called value chain reporting, and could impact farmers and ranchers who provide their ingredients and food to large companies like McDonalds, Chipotle or Yum brands that owns KFC, Taco Bell and Pizza Hut.
Now, Senators John Boozman and Mike Braun who sit on the Agriculture Committee have introduced The Protect Farmers from the SEC Act, which would exempt family owned businesses from having to report granular data and their day-to-day activities.
Senator Boozman said kjin a statement: “The publicly traded corporations overseen by the SEC won’t be the ones tasked with complying with these onerous ‘value chain’ rules. That responsibility would fall on America’s family farmers and ranchers who would be forced to deal with unprecedented amount of unnecessary paperwork.”
The rules could be finalized in early 2023, but it’s expected they will be met with fierce opposition and legal challenges. Straight from DC, I’m Ray Bogan.
SHANNON LONGWORTH: JUST WEEKS AGO, ELON MUSK INTRODUCED THEN WITHDREW TWITTER BLUE, THE PROGRAM THAT ALLOWS ANY USER TO BUY A BLUE CHECKMARK FOR THEIR ACCOUNT.
WA EMERGENCY MANAGEMENT DIVISION: “THERE IS A REALITY NOW THAT SOMEONE COULD BUY A BLUE CHECKMARK AND THEN THEY COULD SUDDENLY SAY THEY ARE A GOVERNMENT AGENCY TELLING YOU EVACUATE, FOR INSTANCE. SO, EVEN A BLUE CHECKMARK MIGHT NOT MEAN WHAT IT USED TO MEAN.”
LONGWORTH: LOCAL GOVERNMENT AGENCIES ACROSS THE COUNTRY ARE CONCERNED ABOUT THE CHANGES AFFECTING THEIR ABILITY TO EFFECTIVELY COMMUNICATE WITH THE PUBLIC USING TWITTER.
JEFFREY STONE | SOCIAL MEDIA RESEARCHER: “IT’S EASY TO USE, IT’S FREE. IT’S KIND OF SIMPLISTIC IN A SENSE, YOU KNOW, IT’S JUST SHORT MESSAGING. IT PROVIDES SOMETHING THAT ALLOWS MUNICIPALITIES TO REACH THEIR CITIZENS AND OTHER COMMUNITY STAKEHOLDERS, AS THEY SAY WHERE THEY’RE A.”
LONGWORTH: DR. STONE IS A RESEARCHER WHO’S INVESTIGATED MUNICIPALITIES’ USE OF SOCIAL MEDIA, SPECIFICALLY TWITTER.
DR. STONE: “THERE’S ALWAYS THE RISK INVOLVED WITH THINGS LIKE MISINFORMATION AND FAKE ACCOUNTS AND BOTS, CAUSING RIPPLES IN DISCUSSIONS AND THINGS LIKE THAT. AND THAT’S AN ONGOING PROBLEM FOR NOT JUST GOVERNMENTS, BUT YOU KNOW, CORPORATIONS, INDIVIDUALS, AND REALLY, IT WILL CONTINUE TO BE AN ONGOING ISSUE. BUT WHAT I’VE GATHERED FROM THE INTERVIEWS I’VE DONE, AND FROM THE SURVEYS I’VE CONDUCTED IS THAT MUNICIPALITIES FEEL IT’S WORTH THE RISK.”
LONGWORTH: AT LEAST, IT’S BEEN WORTH THE RISK SO FAR. AND SOME GOVERNMENT AGENCIES MAINTAIN THAT IT CONTINUES TO BE. THEY ARE EDUCATING USERS ON HOW TO SPOT A REAL ACCOUNT.
PROVIDING TIPS LIKE: LOOK FOR THE LINK TO A GOVERNMENT WEBSITE IN THE BIO, CHECK HOW OLD THE ACCOUNT IS, AND SEE IF THERE’S AN “OFFICIAL” TAG UNDER THE HANDLE. THAT TAG WILL HANG AROUND WITH TWITTER BLUE, ACCORDING TO TWITTER ITSELF.
DR. STONE: “YEAH, I MEAN, THERE’S NO PERFECT PLATFORM. CERTAINLY I KNOW THERE ARE MUNICIPALITIES OUT THERE USING TEXT MESSAGING, ESPECIALLY FOR EMERGENCY ALERTS AND THINGS LIKE THAT AND MAKING THAT AVAILABLE TO CITIZENS. BUT EVERY PLATFORM HAS ITS ADVANTAGES AND DISADVANTAGES. EVERY TECHNOLOGY HAS ITS PROS AND CONS AND EVERY TECHNOLOGY, WHILE IT MAY HAVE GREAT THINGS THAT CAN BE ACCOMPLISHED WITH IT, THERE ARE ALSO VERY NEGATIVE THINGS THAT CAN BE ACCOMPLISHED WITH IT, AND FINDING THAT BALANCE AND KIND OF FIGURING OUT HOW TO USE THEM IN THE MOST EFFECTIVE MANNER. THAT’S GOING TO TAKE SOME TIME.”
LONGWORTH: THE SAN DIEGO CITY ATTORNEY’S OFFICE IS ONE AGENCY THAT’S DECIDED TO LEAVE THE PLATFORM, TWEETING THAT “TWITTER IS MOVING IN A TROUBLING DIRECTION.”
ELON MUSK SAYS TWITTER BLUE WILL TENTATIVELY RELAUNCH ON DECEMBER 2ND, WITH THE FOLLOWING ADJUSTMENTS: CHECKS FOR GOVERNMENT ACCOUNTS WILL BE COLORED GRAY, CHECKS FOR INDIVIDUALS WILL BE BLUE, AND CHECKS FOR COMPANIES WILL BE GOLD.
SHANNON LONGWORTH: PENNSYLVANIA’S DEMOCRATIC ATTORNEY GENERAL JOSH SHAPIRO WON THE GUBERNATORIAL RACE BY 14 POINTS IN A SWING STATE.
HE’S THE FIRST CANDIDATE TO SUCCEED A GOVERNOR OF THE SAME PARTY THERE SINCE 1966.
AS ONE OF 9 NEW STATE GOVERNORS ENTERING 2023, JOSH SHAPIRO IS JUST ONE NAME YOU NEED TO KNOW.
SHAPIRO MADE HIS JEWISH FAITH A CENTRAL PART OF HIS CAMPAIGN, POSING HIM AGAINST HIS REPUBLICAN COMPETITOR, DOUG MASTRIANO, WHO EMPLOYED CHRISTIAN THEMES THROUGHOUT HIS MESSAGING.
JOSH SHAPIRO: “THE TONLA TEACHES US THAT NO ONE IS REQUIRED TO COMPLETE THE TASK, BUT NEITHER ARE WE FREE FROM IT. I THINK THAT MEANS THAT EACH OF US HAS A RESPONSIBILITY TO DO OUR PART. TO GET OFF THE SIDELINES…”
LONGWORTH: WITH CRIME A TOP CONCERN AMONG VOTERS, MASTRIANO AND OTHER REPUBLICANS SAID SHAPIRO HAS ALREADY MISHANDLED THE ISSUE.
DOUG MASTRIANO: “OUR ATTORNEY GENERAL HAS SIX YEARS UNDER HIS BELT TO RUN ON, BUT HE CAN’T RUN ON THE ISSUES. HE CAN’T RUN ON HIS RECORD OF CRIME.”
LONGWORTH: BUT SHAPIRO SAYS HE HAS PLANS TO MAKE PENNSYLVANIANS FEEL SAFER MOVING FORWARD.
SHAPIRO: “WE’RE GOING TO HIRE MORE POLICE OFFICERS WHEN I’M GOVERNOR, BUT WE’RE GOING TO MAKE SURE THEY ARE PROPERLY TRAINED FROM THE COMMUNITIES THEY ARE SWORN TO SERVE AND PROTECT AND LOOK LIKE THE PEOPLE THEY ARE INTERACTING WITH EVERY DAY.”
LONGWORTH: ON SOME ISSUES, SHAPIRO IS TAKING A MODERATE STANCE TO GLEAN SUPPORT ACROSS THE AISLE. WHEN IT COMES TO EDUCATION, HE SUPPORTS SCHOOL CHOICE WHILE ALSO SAYING
SHAPIRO: “WHEN I AM GOVERNOR WE WILL FULLY FUND PUBLIC EDUCATION.”
LONGWORTH: HIS PLAN TO GROW THE COMMONWEALTH’S ECONOMY INCLUDES FURTHER REDUCING THE CORPORATE TAX RATE AND INVESTING IN RENEWABLE ENERGY.
The Senate passed the Respect for Marriage Act, sending it back to the House for a final approval before it can be signed by the President.
This bill required bipartisan compromise. It does not fully legalize gay marriage like the Supreme Court’s 2015 Obergefell decision. Instead it requires state government officials to recognize legally performed marriages from other states regardless of sex, or race.
It also repeals the Defense for Marriage act that defined marriage as a union between one man and one woman and denied federal benefits for same sex couples.
Democrats prioritized the Respect for Marriage Act after Supreme Court Justice Clarence Thomas wrote that the Obergefell decision should be revisited after Roe v. Wade was overturned.
“We will stand up and defend the vulnerable, that we’ll protect the individual rights of all Americans from a far-right Supreme Court majority determined to turn the clock back by decades,” Sen. Ron Wyden, D-Oregon, said during a speech in support of the bill.
Some Republicans expressed concern that it could infringe upon religious freedom. But amendments were added to make clear non-profit religious organizations do not have to help perform same sex marriages.
“Unlike Obergefell this bill expressly empowers private litigants to sue religious institutions, faith based organization and private parties who oppose, for sincerely held religious beliefs, same sex marriage,” Sen. John Cornyn, R-Texas, said on the Senate floor.
The House had already passed the bill, but because of the Senate’s amendments on religious freedom the House needs to approve the new version.
The Supreme Court heard oral arguments in the immigration case US v. Texas, and attorneys for both the Biden Administration and the state of Texas were strongly challenged by Justices.
The case stems from a September 2021 memorandum by Homeland Security Secretary Alejandro Mayorkas that instructed ICE to prioritize deportations for immigrants who are a threat to national security, public safety and border security. They contend that because there are 11 million immigrants in the country illegally and only 6,000 immigration officers, they do not have the resources to go after them all. This is a change from the Trump administration that allowed agents to arrest anyone in the US illegally.
The case revolves around two questions. First, whether states have standing to challenge the Department of Homeland Security’s immigration guidelines in the first place. Solicitor General Elizabeth Prelogar and some of the court’s liberal justices said the states do not.
US Solicitor General Elizabeth Prelogar “Federal courts should not now be transformed into open forums for each and every policy dispute between the states and the national government.”
A large focus of this question was whether states will incur financial harm.
Justice Kagan: “If all you need to do is to say we have a dollar’s worth of costs, and you don’t even need to think about the benefits on the other side. I mean, every immigration policy, you let in more people you let in fewer people, is going to have some effect on a state’s fiscal condition.”
Texas Solicitor General Judd Stone: “We have at least one example in the record of a specific alien Reuben Abonza. Alien, that detainer was removed, he was released, and then it was re apprehended for committing human trafficking, that commits that kind of costs, both law enforcement recidivism, that certainly forms the basis of an Article Three injury that is speculative it occurred.”
The second question that was considered – do DHS guidelines violate title eight of US code regarding the apprehension and detention of aliens.
Prelogar: “The INA does not create an unyielding mandate to apprehend and remove every non citizen described in provisions that use the term shall.”
Texas Solicitor General Judd Stone focused on section 1226 c of federal code, specifically regarding the detention of criminal aliens.
Stone: “The final memorandum is unlawful for multiple reasons, most clearly, because it treats section 1226 C as discretionary. Well, both this court and every previous administration have acknowledged it as mandatory. “
A lower court ruled against DHS in this case, so the Biden administration is hoping the Justices will overturn that decision. Straight from The Supreme Court, I’m Ray Bogan.