Inside Daily Brief - August 20th, 2019

Inside Daily Brief (Aug 20th, 2019)

CEOs seek new business guidelines/ Home Depot Q2/ Planned Parenthood/ Message in a bottle

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1. The CEOs of 181 U.S. companies on Monday said shareholder value should not be the only purpose of a corporation. The Business Roundtable, which includes the top officers from Amazon, Apple, GM, Bank of America and JP Morgan Chase, said in a statement, "while each of our individual companies serves its own corporate purpose, we share a fundamental commitment to all of our stakeholders. We commit to deliver value to all of them, for the future success of our companies, our communities and our country." Jamie Dimon, CEO of JP Morgan Chase and chairman of the Business Roundtable said "the American Dream is alive, but fraying," and that employers need to invest in their workers and communities over the long term. "These modernized principles reflect the business community’s unwavering commitment to continue to push for an economy that serves all Americans." -- CNBC

2. Daniel Pantaleo, the New York police officer who was fired Monday for the killing of Eric Garner in 2014, will file a lawsuit to get his job back. Pantaleo will file a suit under Article 78 of New York’s Civil Practice Law and Rules that allows individuals to appeal government decisions through the courts that they were “arbitrary and capricious.” A grand jury declined to indict Pantaleo in December 2014 and U.S. Attorney General William Barr decided against filing civil charges against the officer last month. –BUZZFEED NEWS

3. Women's healthcare provider Planned Parenthood announced it will leave the Title X healthcare program, rather than agree to a so-called "gag order" for abortion providers. A change to the 1970 federal law last year prohibits Title X funds from being used "in programs where abortion is a method of family planning." The rule limits Planned Parenthood and other providers from referring patients for abortions. Planned Parenthood did not say what impact losing the Title X funding would have on its budget. "Our position is that this isn't about Planned Parenthood's budget, it's about our patients," said acting president Alexis McGill Johnson. -- CBS NEWS

4. Nearly two dozen small towns in Texas have fallen victim to a coordinated ransomware attack. The Texas Department of Information and Resources said the attack was carried out by one "single threat actor," with a spokesman saying it was not a statewide attack. A cybersecurity analyst told The New York Times that in terms of the number of targets involved, the incident was "absolutely the largest" such attack he had seen. No word if any of the towns have paid the ransom. --NYTIMES

5. Two days before convicted pedophile Jeffrey Epstein was found dead in his jail cell, he signed a will with instructions for how to handle his nearly $600 million fortune. According to the New York Post, court records filed in the U.S. Virgin Islands show Epstein put all his holdings into a trust. The Post reported it was not clear whether this will would supersede an earlier will. Epstein's death was ruled a suicide; he was being held on sex trafficking charges. -- NY POST

6. Home Depot announced second-quarter results Tuesday that fell short of Wall Street's expectations. The company had revenue of $30.84 billion, up from $30.46 billion in the year-ago quarter, but shy of the $30.99 billion expected by Wall Street analysts. Same-store sales were up 3 percent, compared to the 3.5 percent expected. The company's net income for the quarter ended August 4 was down slightly year-over-year, to $3.48 billion, from $3.51 billion a year ago. The company said it was lowering its sales outlook for the year over concerns about the trade war between the U.S. and China. -- CNBC

7. Apple TV Plus will likely launch in November and cost about $10 per month, according to the latest reports. While the tech giant first announced the subscription service in March it has been short on details. Bloomberg reports the company will start with a small catalog of original shows before expanding it gradually. The company may also offer a free trial. Apple CEO Tim Cook has heralded Apple TV Plus as being “unlike anything that's been done before.” –CNET

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8. The Clemson Tigers are the No. 1 team in The Associated Press preseason Top 25 college football pool for the first time in school history. The defending national champions unseated Alabama, which has entered the past three seasons as the top ranked team in the country. Alabama is No. 2 followed by Georgia, Oklahoma and Ohio State. –ESPN

9. Wendy’s threw itself in the online argument between Popeye’s and Chick-fil-A late Monday over which fast food chain has the best chicken sandwich. While Wendy’s is wrong (its chicken sandwich is a C+ at best), there is hope that the undisputed champion of fast food social media will throw some haymakers at its drive-through counterparts. So who you got? Hit reply and let us know. –INSIDER

10. A 50-year-old message in a bottle from a Soviet navy captain washed up on a remote beach in western Alaska and was discovered earlier this month. Tyler Ivanoff was searching for driftwood for a campfire to roast hot dogs with his family when he made the discovery of the green bottle. Unsure of exactly what he found, Ivanoff turned to Facebook. "I found a message in a bottle today. Any friends that are Russian translators out there," he wrote. Several hours later, and with more than 500 shares at the time, Ivanoff had unraveled the mystery. Translated, part of the note reads: "Sincere greetings! From the Russian Far East Fleet mother ship VRXF Sulak. I greet you who finds the bottle and request that you respond to the address Vladivostok -43 BRXF Sulak to the whole crew." Russian media tracked down the ship's captain, who now is 86 years old. Ivanoff hopes to meet the captain soon. – WAPO

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