Thursday, November 24, 2016

Trump says he talked to Apple CEO Tim Cook about a 'very large tax cut'

Trump says he talked to Apple CEO Tim Cook about a 'very large tax cut'

U.S. President-elect Donald Trump appears at Manchester, New Hampshire, U.S., October 28, 2016. REUTERS/Carlo Allegri/File PhotoPresident-elect Donald Trump.Thomson Reuters
US0378331005 Apple
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President-elect Donald Trump said Tuesday during an interview with The New York Times that Apple CEO Tim Cook and Microsoft founder Bill Gates had called him after the election to congratulate him on his victory.
"I was honored yesterday, I got a call from Bill Gates, great call, we had a great conversation, I got a call from Tim Cook at Apple, and I said, 'Tim, you know one of the things that will be a real achievement for me is when I get Apple to build a big plant in the United States, or many big plants in the United States, where instead of going to China, and going to Vietnam, and going to the places that you go to, you're making your product right here.' He said, 'I understand that.' I said: 'I think we'll create the incentives for you, and I think you're going to do it. We're going for a very large tax cut for corporations, which you'll be happy about.' But we're going for big tax cuts, we have to get rid of regulations, regulations are making it impossible. Whether you're liberal or conservative, I mean I could sit down and show you regulations that anybody would agree are ridiculous. It's gotten to be a free-for-all. And companies can't, they can't even start up, they can't expand, they're choking."
Cook supported Hillary Clinton in the election, hosting a fundraiser for the Democratic candidate in August.
Trump, several times during his campaign, threatened Apple specifically with taxes on imports from China, where Apple's products are manufactured.
"I'm going to bring jobs back," Trump said in March. "I'm going to get Apple to start making their computers and their iPhones on our land, not in China. How does it help us when they make it in China?"
After the election, Cook sent a memo to all US Apple employees that did not refer to Trump by name but did include some language about celebrating diversity, which was widely seen by observers in the tech industry as a rebuke to Trump's anti-immigration platform.
Apple has yet to comment on Trump's remarks publicly. Microsoft declined to comment. The Bill & Melinda Gates Foundation did not immediately return a request for comment.
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This is the only backpack I'll use when I travel

This is the only backpack I'll use when I travel

The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we may get a share of the revenue from your purchase.
mos 123MOS
When I travel, my biggest concern is traveling light. No checked bags on international flights, no carry on for long weekend trips.
During a recent three-day trip to California, I was determined to bring only a backpack and took this one from MOS.
It might look like regular backpack, but it proves it's what's on the inside that counts. 
Never in my years of using a backpack for school or travel have I ever encountered one that's this well organized. There are specific pockets for pens, passports, laptops, tablets, and a water bottle. Tha backpack comes with a set of drawings to show you where everything is, and I suggest you give it a good once-over to make the most efficient use of your space.
Pockets, zippers, compartments — all of those are standard backpack fare. What sets MOS' backpack apart is the inclusion a built-in power cable and charger. Yes, in one of the pockets (the one on the left side) is a surge-protector-sized power cable. That cable is routed through a hole in the backpack's liner and leads to a connector with two USB ports and a single, standard outlet. 
The reason for this is simple: You probably want to charge your devices in the airport. So what if they were all plugged in inside your backpack where they couldn't be lost or stolen? Initially I thought the backpack had a battery pack; instead it's just a pass-through device. To make this whole process manageable, there are cable management straps that you can loop your cables through, so the inside of your backpack doesn't look like wire spaghetti. 
If you plan on charging your devices this way, I suggest setting everything up the night before. That way the backpack will be ready to grab and go in the morning, full of fully charged gadgets. One thing to note is that including an outlet along with the two USB ports opens things up quite a bit. Instead of using this to recharge your smaller devices, you can also use it to top off your laptop.
Its sheer practicality is one of the reasons why this is now my go-to travel backpack, but to be honest, I also like how it looks and feels. The straps have enough padding that it's comfortable even when it's stuffed; the pack wasn't even very painful to wear with a killer sunburn. On the outside it looks plain, but in a good way. No giant logo or funky colors, just a grey backpack.
Whether for business or fun, I'm always going to travel with gadgets. This backpack helps me keep them organized and charged while still being comfortable and good-looking. Because of my desire to pack light and smart, I can't see myself using any other backpack on my next trip.
This article was originally published on 10/11/2016.
Disclosure: This post is brought to you by Business Insider's Insider Picks team. We aim to highlight products and services you might find interesting, and if you buy them, we get a small share of the revenue from the sale from our commerce partners, including Amazon. Jeff Bezos, CEO of Amazon, is an investor in Business Insider through his personal investment company Bezos Expeditions. We frequently receive products free of charge from manufacturers to test. This does not drive our decision as to whether or not a product is featured or recommended. We operate independently from our advertising sales team. We welcome your feedback. Have something you think we should know about? Email us at insiderpicks@businessinsider.com.
Read the original article on Insider Picks. Copyright 2016. Follow Insider Picks on Twitter.

20 ways to fly like a pro

20 ways to fly like a pro

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How to fly like a pro 2016_3x4Mike Nudelman/Business Insider
Traveling to faraway places can be exhilarating, but getting there is often anything but exciting.
Even for the most seasoned of travelers, long-haul flights can be tough. Luckily there are some small things you can do to make a long flight seem a little less long.
Consider the 20 tips below to make yourself more comfortable on your next trip.

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Mike Nudelman/Business Insider
One study found that carb-rich foods such as spaghetti, whole grain bread, and oatmeal make it easier to cope with jet lag. According to the study, higher levels of insulin make it easier to transition from one sleep and eating schedule to another. Carb-rich foods help induce insulin secretion, which is why they may be helpful in preventing or minimizing jet lag.
Mike Nudelman/Business Insider
Being hungry when you're on the ground is uncomfortable enough, but at least you can run out and grab a snack. Hunger on a plane means either caving and buying the outrageously expensive snacks on board, or sitting there and waiting until the next meal is served — if meals are being served.
Your best bet is to bring protein-rich snacks that will keep you feeling full longer. Think almonds, peanut butter and crackers, cheese, yogurt, or protein bars.
Mike Nudelman/Business Insider
According to WebMD, it's harder to digest while in the air — so although it's OK to eat, filling up isn't the best idea. In fact, depending on how long your flight is, you might want to eat just before boarding and eat only snacks while on the plane. If you do eat on the plane, keep in mind that warm foods are better than cold foods since they're easier to digest.
Mike Nudelman/Business Insider
If you've ever sat next to someone who has requested a vegetarian meal on a plane, you know that these meals are the first to be served. So if you're hoping to get your food before everyone else — which means not having to wait for the full service and being able to get to sleep sooner — request a special meal. There are multiple kinds of meals you can request depending on the airline you're flying, from gluten-free to kosher, so make sure to check online before your flight.
Mike Nudelman/Business Insider
While there's no magic amount of water you should drink on a flight, health experts usually recommend drinking more than you normally do because air travel is dehydrating. Continue drinking throughout the flight — don't wait until you're thirsty to ask the flight attendant for some water.
Mike Nudelman/Business Insider
Caffeine will keep you up, dehydrate you further, and make you irritable.
Mike Nudelman/Business Insider
If decaffeinated green tea is an option on your flight, you might want to take advantage. The drink has been said to help stave off the onset of jet lag.
Mike Nudelman/Business Insider
If you're the kind of person who falls asleep more easily after a glass of wine, then by all means order a small bottle. But keep in mind that although alcohol is a depressant, it can act as a stimulant for the first few hours after you drink it, which means it might actually keep you up.
Drinking too much can lead to multiple issues such as dehydration and grogginess that will only exacerbate the dehydration you're already experiencing and the jet lag you'll most likely experience once you land. There's also the chance that you'll get sick, and no one wants to spend the better part of a long-distance flight in a cramped — and possibly not-so-clean — bathroom.
Mike Nudelman/Business Insider
While sweatpants shouldn't be your go-to travel attire, it's a good idea to wear more comfortable, loose clothing on a flight — especially a long one. For men, this can mean jeans and a T-shirt; women may try leggings and a sweater.
Mike Nudelman/Business Insider
Long flights can mean going from freezing to overheated and back again. To keep your body at a comfortable temperature, it's best to layer your clothing. Don't just wear a T-shirt and bring a heavy jacket — instead, wear a T-shirt with a sweater or sweatshirt over it, and then consider bringing a jacket as well, just in case. This 15-in-1 jacket would be ideal for hassle-free travel.
Mike Nudelman/Business Insider
A scarf comes in handy on a flight since it can be used as a fashion accessory, a blanket, and even lumbar support (see below). Even expert travelers swear by them.
Mike Nudelman/Business Insider
Sure, they're not the hottest accessory out there, but your neck will thank you. Plus, being physically comfortable will improve your general well-being and will likely help you sleep.
Mike Nudelman/Business Insider
Why airplane seats were designed with a curve is beyond us, but their C-shape does nothing for the human spine, which looks more like an S, thus causing passengers to have achy backs and necks. Wedging a pillow, blanket, scarf, or sweater behind your lower back will counteract the seat's shape and keep your spine in its natural shape.
Mike Nudelman/Business Insider
The ambient roar of a plane's engine — and background noise in general — is said to cause stress. Noise-cancelling headphones or earplugs will not only block out that noise, but also block out other sounds that can keep you awake, like crying babies or flight attendants trying to serve meals.
Mike Nudelman/Business Insider
An eye mask isn't the most flattering look when you're flying, but blocking out light helps with jet lag, as light affects your circadian rhythm. It also mentally prepares you for sleep and blocks out the early breakfast wake-up on long-haul flights.
Mike Nudelman/Business Insider
If compression socks are a little too much for you, you can do some in-seat exercises to get the same effect. Airlines such as Qantas and Virgin even suggest exercises, and Qantas suggests engaging in them for three or four minutes every hour.
Exercises include lifting your feet off the ground by a few inches and rotating them in circles; keeping your heels on the floor and pointing your toes up as far as you can, then pointing your toes down while lifting your heels up; and rolling your shoulders forward and backward.
Mike Nudelman/Business Insider
Traveling drains your phone's battery — while you're waiting, you're probably playing games, texting, or checking weather, traffic, or delays. Make sure your phone and tablet are fully charged before you leave, or bring some extra juice in the form of a power pack.
Mike Nudelman/Business Insider
A window seat not only gives you a nice, solid wall to rest your head on for a more comfortable nap, but it also means you won't be disturbed by passing beverage carts, and that you have to get up only when you need to go to the bathroom.
Mike Nudelman/Business Insider
Many experts claim that the seats by a plane's wing experience less turbulence since they're closer to the plane's center of gravity.
Mike Nudelman/Business Insider
In the case of an emergency, closed-toed shoes are your safest bet. There could be fire, debris, or shards of glass, and closed-toed shoes will also let you move faster if need be.

Wednesday, November 23, 2016

'Historic event': Santa Ono installed as UBC's 15th president




'Historic event': Santa Ono installed as UBC's 15th president


In a ceremony heavily tinged with messages of reconciliation and healing, Santa Ono was installed Tuesday as the 15th president of the University of B.C.
The unwritten theme of the installation, which included addresses from writer and Japanese internment survivor Joy Kogawa, was an effort to put behind UBC years of friction and division between the board of governors, faculty and students.
Ono, who took over as president in September, replaces Martha Piper, who took on an interim role when Arvind Gupta resigned suddenly in August 2015 after less than a year on the job. Gupta’s surprise resignation came amidst disagreements between governors, with the faculty association holding a vote of non-confidence in the board of governors.
But none of that was on display as Ono was inducted during a packed ceremony at the Chan Centre for the Performing Arts. In the audience was his father, retired UBC math professor Takashi Ono, and his mother, Sachiko Ono, and his wife Wendy Yip and two daughters, Juliana and Sarah.
Representatives of nearly three dozen universities and the deans of UBC’s 14 faculties witnessed Ono’s installation by B.C. Lieutenant-Governor Judith Guichon.
Ono inherits a university with a $2-billion annual budget, fractured by allegations of secret meetings, a power struggle and interference in academic freedom
Ono, who was born in Vancouver, went on to be a professor of medicine and biology, working at Harvard, Johns Hopkins, University College London, and Emory universities before becoming president of the University of Cincinnati.
Ono’s ascendancy as the first person of Japanese descent to become UBC president was eloquently captured by Kogawa, who reflected on how far Canadian society and the university have come since the country’s internment policies of the Second World War.
“What a sweet, sweet thing a homecoming is, especially for those of us whose home was lost,” Kogawa said. “And what a sweet thing it is to move in one’s lifetime from the category of enemy to the category of friend, from the despised, to the honoured. How deeply honoured I feel today to be present and witness this historic event.”
The truth is that we all hold the keys — in trust — to preserve, strengthen and ultimately to leave the institution to the next generation a better place”
Ono inherits a university with a $2-billion annual budget, fractured by allegations of secret meetings, a power struggle and interference in academic freedom. He has already made efforts to repair relations with governors, faculty and students. In two of his first acts after taking office at the start of the academic year, he met with staff to hear their concerns, and he also met with the Musqueam Nation, on whose traditional lands the university sits.
In his acceptance speech, Ono gently referred to the divisions, saying he was wise enough to know the path forward lay in co-operation.
“In a large, decentralized organization such as a modern research university, no one person holds the keys to the organization,” he said.
“The truth is that we all hold the keys — in trust — to preserve, strengthen and ultimately to leave the institution to the next generation a better place than it was left to us.”
He said he had already spoken to over 1,000 alumni and has met with many staff.
Ono, whose five-year term comes with an annual salary of $470,000, said he wants to lift the university, already recognized as one of the best in North America, “from excellence to eminence.”
He plans to push forward with an aggressive new strategic plan that aims to recruit more international talent and boost the university’s standing as a research institution.
But he also said the university “cannot be an ivory tower” unto itself and has to be relevant to the community around it.
“In the years ahead, you will see an even more engaged UBC, with broader and deeper connections with our local community,” he said.
Ono pledged the university won’t ignore the role First Nations play in society, and acknowledged that “past practices of university-led research have at some points worked to the detriment of First Nations and other Indigenous communities.”
“We will also work to ensure that the curricula we offer in all of our many programs is responsive to the concerns of Indigenous people, offers depth and full consideration of issues of importance, and that an understanding of Indigenous history — and a full and accurate understanding of Canadian history — is part of the education of all students, whatever their field of study.”

The top 0.1% of American households hold the same amount of wealth as the bottom 90%

The top 0.1% of American households hold the same amount of wealth as the bottom 90% 

It's no secret that the US has an inequality problem. But actually looking at the disparity between the top and the bottom can still be staggering.

Deutsche Bank's chief international economist Torsten Sløk sent around a chart in a recent note to clients showing the share of US household wealth by income level. Notably, the top 0.1% of households now hold about the same amount of wealth as the bottom 90%.

"US wealth ownership has changed significantly over the past several decades," Sløk wrote.



Relatedly, back in August, Goldman Sachs' Sumana Manohar and Hugo Scott-Gall shared a chart comparing a given country's gross domestic product per capita to its Gini coefficient.

The Gini coefficient is a measurement of the income distribution within a country that aims to show the gap between the rich and the poor. The number ranges from zero to one, with zero representing perfect equality (everyone has the same income) and one representing perfect inequality (one person earns the entire country's income and everyone else has nothing.) A higher Gini coefficient means greater inequality.

Developed-market economies such as those in Germany, France, and Sweden tend to have a higher GDP per capita and lower Gini coefficients. On the flip side, emerging-market economies in countries like Russia, Brazil, and South Africa tend to have a lower GDP per capita but a higher Gini coefficient.

The US, however, is a big outlier. Its GDP per capita is on par with developed Northern European countries like Switzerland and Norway, but its Gini coefficient is in the same tier as Russia's and China's.
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