Tech support: Tesla, Uber & Pepsi CEOs join Trump's advisory council | WeForNews | Latest News, Blogs - Part 262338245760 Tech support: Tesla, Uber & Pepsi CEOs join Trump’s advisory council – Page 262338245760 – WeForNews | Latest News, Blogs
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Tech support: Tesla, Uber & Pepsi CEOs join Trump’s advisory council

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President-elect Donald Trump has added Elon Musk of Tesla and SpaceX, Travis Kalanick of Uber, and Indra Nooyi of PepsiCo, to his Strategic and Policy Forum. The body of business leaders was created to advise Trump on economic policy.

Musk and Kalanick inject a mix of innovation and new technologies into the team consisting mainly of old-fashioned ‘blue-chip’ companies, while Nooyi will be the third woman on the panel.

“America has the most innovative and vibrant companies in the world, and the pioneering CEOs joining this Forum today are at the top of their fields,” Trump said in the announcement. “My Administration is going to work together with the private sector to improve the business climate and make it attractive for firms to create new jobs across the United States from Silicon Valley to the heartland.”

The announcement comes as top executives from Silicon Valley – who by and large backed Trump’s rival Hillary Clinton in the presidential race – are set to meet with the president-elect at Trump Tower on Wednesday. In addition to Musk, Apple CEO Tim Cook and Facebook COO Sheryl Sandberg will be attending the summit. PayPal co-founder Peter Thiel, who reportedly helped set up the meeting, is one of the few tech entrepreneurs who openly backed Trump during the campaign.

Kalanick co-founded Uber in 2008, disrupting the taxi service business model in more than 450 cities across 80 countries. Musk made a fortune from startups Zip2 and PayPal before establishing private space exploration company SpaceX in 2002 and Tesla Motors in 2003. He serves as chairman and CEO of both. Nooyi heads PepsiCo, the largest food and beverage company in the US.

Established in early December, the forum consists of “some of America’s most highly respected and successful business leaders,” with the mission to “share their specific experience and knowledge” with Trump to aid his economic program, according to the presidential transition team.

The forum is chaired by Stephen A. Schwarzman, CEO and co-founder of asset management company Blackstone. Other notable members are JPMorgan Chase CEO Jamie Dimon, Disney CEO and Chairman Bob Iger, General Motors Chairman and CEO Mary Barra, IBM President and CEO Ginni Rometty, President and CEO of Walmart Doug McMillon, and former CEO of General Electric Jack Welch.

The first meeting of the Strategic and Policy Forum is planned to take place at the White House during the first week of February.

America

Speaker Pelosi orders Trump’s impeachment to proceed

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Trump Speaker PelosTrump Speaker Nancy Pelosii

New York, Dec 5 : House of Representatives’ Democrat Speaker Nancy Pelosi ordered the impeachment to proceed on Thursday with the framing of charges of jeopardising national security against President Donald Trump for a trial in the Senate.

The historic announcement came after about two months of investigation by House of Representatives, making it only the third time in the 243-year history of the US that a President would be impeached.

“The President leaves us no choice but to act, because he is trying to corrupt, once again, the election for his own benefit,” she said asking the House of Representatives committee leaders to proceed with the drafting of the Articles of Impeachment, which is a charge sheet for the Senate to try Trump.

“The President has engaged in abuse of power undermining our national security and jeopardising the integrity of our elections,” Pelosi said in a Washington press conference.

She ended her announcement with an appeal to religion, saying, “So help me God,” after saying the Democrats were “prayerful”.

Before her announcement, Trump threw a challenge at her in a tweet: “if you are going to impeach me, do it now, fast, so we can have a fair trial in the Senate, and so that our Country can get back to business.”

Trump is relying on the Senate, where his party has a majority to throw out the charges and acquit him.

The Republicans will be able to call the witnesses blocked by the Democrats in the House panels’ hearings to testify.

Trump tweeted that they would call former Vice President Joe Biden and his son Hunter, House Intelligence Committee Chair Adam Schiff, and Pelosi.

He added that this “will reveal, for the first time, how corrupt our system really is. I was elected to ‘Clean the Swamp,’ and that’s what I am doing”.

Pelosi’s announcement sets the Democrat-controlled House firmly on the path to early impeachment, with a vote likely before it adjourns for the Christmas vacation.

A Senate trial would then follow in January in an election year.

Only two Presidents, Andrew Johnson in the 19th century and Bill Clinton in the last have been impeached and both were acquitted by the Senate.

Pelosi had to make a firm statement because some members of her party in swing constituencies, which were Republican but moved to Democrats in last year’s elections, were apprehensive that the impeachment may work against them next year.

The nation’s polarisation is reflected in the impeachment issue with an almost even split in public opinion. According to the latest RealClear Politics aggregation of polls, there is 48.3 per cent support for impeachment and 44.6 per cent against, with a narrow spread of 3.7 per cent.

Mindful of this, Pelosi said: “Sadly, but with confidence and humility, with allegiance to our founders and a heart full of love for America, today I am asking our chairman to proceed with articles of impeachment.”

She likened Trump’s conduct to the late 18th century British monarch George III against whom Americans rose in revolt because he was considered above the law.

The founders of the US established the impeachment process to ensure that the President was not above the law like a king, she said.

The House Judicial Committee held a public hearing on Wednesday where four law professors testified on the constitutional and legal aspects of impeachment.

The three summoned by the Democrats made the case for Trump’s impeachment while the one called by the Republicans opposed it.

The Judicial Committee picked up the impeachment process from the Intelligence Committee, which delivered a 300-page report on Tuesday outlining the charges against Trump.

The Intelligence Committee accused him of placing “his own personal and political interests above the national interests of the United States.”

It said his “scheme subverted US foreign policy toward Ukraine and undermined our national security in favour of two politically motivated investigations that would help his presidential re-election campaign”.

At the heart of the charges is Trump asking Ukrainian President Volodymyr Zelensky “as a favour” to inquire into the dealings of former Vice President Biden and his son in Ukraine, and into alleged interference by that country in the 2016 elections.

Joe Biden also sought the removal of the prosecutor looking into the gas company, Burisma.

The Trump administration delayed military aid to Ukraine, which the Democrats say was done to force the country to launch the probes, but Republicans contend was done to ensure that there was no corruption.

Democrats say the request to investigate the Bidens was seeking foreign interference in US elections because the former Vice President is the front-runner for Democratic Party nomination to run against Trump.

The delay in aid, Democrats say, threatened US national security as it was beneficial to Russia.

Zelensky has denied that he felt he was under pressure from Trump to carry out the inquiries.

Republicans point out that the aid was released without Zelensky ordering the probes.

Hunter Biden who was removed from the Navy for alleged drug use and had no experience in the energy business was appointed to the board of a gas company with a monthly payment of $83,000 while the then Vice President was overseeing US relations with Ukraine.

(Arul Louis can be contacted at [email protected] and followed on Twitter @arulouis)

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US unemployment rate falls to 50-year low

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The U.S. unemployment rate fell in September to a new five-decade low of 3.5%, while employers added a modest 136,000 jobs.

The Labor Department says that despite the ultra-low unemployment rate, which was down from 3.7% in August, average hourly wages slipped by a penny. Hourly pay rose just 2.9% from a year earlier, lower than 3.4% at the beginning of the year.

Hiring has slowed this year as the U.S.-China trade war has intensified, global growth has slowed, and businesses have cut back on their investment spending. Still, hiring has averaged 157,000 in the past three months, enough to lower the unemployment rate over time.

The unemployment rate for Latinos fell to 3.9%, the lowest on records dating from 1973.

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Trump embarrassed by TV channel

As Trump was speaking to the media after meeting Zelensky to clarify his position, MSNBC host Nicolle Wallace cut into it, saying: “We hate to do this but the President isn’t telling the truth.”

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New York, Sep 26 : US President Donald Trump was subjected to an embarrassment when the MSNBC news channel cut away from his press conference while he was speaking on the controversy surrounding him over the Ukrainian probe against former Vice President Joe Biden.

Trump on Wednesday was addressing the press conference against the backdrop of impeachment proceedings announced against him by House Speaker Nancy Pelosi following allegations that he put pressure on the Ukrainian President Volodymyr Zelensky to order a probe against Biden whose family has business interests there.

The allegation against Trump came to light because of a whistleblower and a transcript of the conversation between him and Zelensky in July, which has become public.

As Trump was speaking to the media after meeting Zelensky to clarify his position, MSNBC host Nicolle Wallace cut into it, saying: “We hate to do this but the President isn’t telling the truth.”

She added that Trump was trying to do it to deflect the attention from his impeachment.

According to the transcript of the telephonic conversation that has gone public, Trump is heard asking Zelensky to “do us a favour”, after the latter expresses gratitude for the military aid the US provided to his country.

Trump’s words of “do us a favour” is seen as a quid pro quo for the American military aid, because of which the impeachment proceedings have been announced.

After Wallace cut the press conference, her guest on the programme, justice and security analyst Matthew Miller, rebuked Trump for saying that Biden and his son had done wrong.

“This story has been looked at and thoroughly debunked by everyone involved,” Miller said, adding the real issue was whether Trump’s conduct is “impeachable”.

Trump is facing problem at a time when he is in New York to attend the UN General Assembly.

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