The day's business news at a glance
Amazon, others choose Gawande to lead health firm
Amazon, JPMorgan Chase and Berkshire Hathaway are turning to well-known author and Harvard professor Dr. Atul Gawande to transform the health care they give their employees.
The three corporate titans said Wednesday that Gawande will lead an independent company that focuses on a mission they announced earlier this year: figure out ways to provide high-quality, affordable care.
Airlines ask US not to put migrant children on flights
American Airlines and United Airlines say they have asked the Trump administration not to put migrant children who have been separated from their parents on their flights.
The CEOs of both airlines said that the administration’s recent immigration policy of separating migrant families conflicts with their values.
Airlines have travel contracts with the federal government, but American said the government doesn’t provide information about the passengers or their reason for travel.
Instagram challenges YouTube with video service
Facebook’s Instagram app is loosening its restraints on video in an attempt to lure younger viewers away from YouTube.
The expansion will increase Instagram’s video time limit from one minute to 10 minutes for most users. Accounts with large audiences will be able to distribute programs lasting up to an hour.
It’s the latest instance in which Instagram has ripped a page from a rival’s playbook in an effort to preserve its status a cool place for young people share and view content.
Trump, lawmakers meet
to discuss ZTE deal
President Donald Trump has met with lawmakers after the Senate moved to block a White House plan to allow Chinese telecom giant ZTE Corp. to buy component parts from the U.S.
ZTE is accused of violating trade laws by selling sensitive technologies to North Korea and Iran. The administration announced an agreement with ZTE earlier this month but has run into opposition in Congress.
More than 100 arrested
in large immigration raid
The second large-scale immigration raid in Ohio in two weeks is part of the Trump administration’s growing crackdown. More than 100 workers were arrested Tuesday at a meatpacking plant.
Officials say the investigation focused on whether the company knowingly hired people who are in the country illegally and used fake identities. Most of the workers arrested were from Guatemala.
Burger King apologizes
for World Cup pregnancy ad
Burger King said it’s sorry for offering a lifetime supply of Whoppers to Russian women who get pregnant by World Cup players.
Critics assailed the offer as sexist and demeaning. Burger King took the announcement off its social media accounts in Russia and apologized for being “clearly offensive.”
Lawmakers rip tariffs made for national security
Lawmakers from both parties are criticizing tariffs the Trump administration has imposed on imported steel and aluminum products in the name of national security.
Republican Sen. Orrin Hatch, the chairman of the Senate Finance Committee, said the tariffs are damaging the economy, hurting American consumers and disrupting relationships with longtime allies while giving China a free pass.