Month: August 2018

Stevie Wonder, Jesse Jackson Visit Ailing Aretha Franklin

Stevie Wonder visited an ailing Aretha Franklin at her home in Detroit on Tuesday.

 

Franklin’s publicist Gwendolyn Quinn told The Associated Press on Tuesday that the Rev. Jesse Jackson and Franklin’s ex-husband, actor Glynn Turman, also visited the Queen of Soul, who is seriously ill.

 

A person close to Franklin, who spoke on the condition of anonymity because the person was not allowed to publicly talk about the topic, told the AP on Monday that the singer is ill. No more details were provided.

 

Franklin canceled planned concerts earlier this year after she was ordered by her doctor to stay off the road and rest up. The 76-year-old announced plans to retire last year, saying she would perform at “some select things.”

 

Fans, friends and musicians influenced by Franklin offered positive words to the iconic singer when news broke that she was ill, including Rod Stewart, Mariah Carey, Chaka Khan, Lin-Manuel Miranda, Tyler Perry, Missy Elliott and Wayne Brady.

 

At her concert in Detroit on Monday night with Jay-Z, Beyonce thanked Franklin for her “beautiful music” and said “we love you.”

 

Former U.S. President Bill Clinton tweeted Monday that he and Hillary Clinton “are thinking about Aretha Franklin tonight & listening to her music that has been such an important part of our lives the last 50 years.”

 

“We hope you’ll lift her up by listening and sharing her songs that have meant the most to you,” Clinton wrote.

 

In an interview with the AP on Monday, Emmy-winning actor Sterling K. Brown said, “May I wish the Queen of Soul all the best.”

 

“Your music has moved and inspired a generation,” he added, “so my prayers are with you. Wishing you all the best, queen.”

 

Actress-singer Mandy Moore, who stars in “This Is Us” with Brown, said Franklin has “the most incredible legacy.”

 

“Who is not a fan? I don’t think there is anyone that Aretha Franklin’s music has not touched or influenced in one way or another,” she told the AP. “She’s the best of the best.”

 

Fans gathered Tuesday in Lafayette Park, directly in front of the White House, to pray for Franklin. With a saxophonist playing nearby, Rocky Twyman clutched a handwritten get-well card made from a white poster and appealed to passing tourists to sign it and pray for the singer.

 

The card read: “Book of Love and Healing for Aretha, the Queen.”

 

Twyman, of Rockville, Maryland, described himself as a longtime fan. He said he and his religious group held a prayer vigil outside the White House for Franklin in 2013, and she got better then.

 

“We’re hoping that God will shine down upon her and heal her again,” he said.

 

Tuva Johannessen, a tourist visiting from Norway, signed Twyman’s get-well card. The 34-year-old said she has been listening to Franklin’s music all her life.

 

“I loved how she has an ability to touch people’s heart with her music,” Johannessen said.

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Indian Rupee Falls to All-time Low Against Dollar

The Indian rupee fell to an all-time low Tuesday against the U.S. dollar amid worries that Turkey’s growing financial crisis could spread to other developing-world economies.

Indian Economic Affairs Secretary Subhash Chander Garg told reporters that there was “nothing at this stage to worry” about after the rupee reached 70.1 to the dollar earlier in the day. He said the dip resulted from “external factors.”

The rupee ended the day at 69.93 per dollar, down 110 paise or 1.6 percent. It was the currency’s biggest one-day drop in five years. The rupee has lost about 8 percent of its value this year.

Garg said the country had sufficient foreign exchange reserves to weather the downturn.

Turkey’s central bank has been unable to stop a sharp plunge in the lira, pushing the value of the dollar higher and driving down emerging-market currencies from South Africa to Mexico.

Rajnish Kumar, chairman of the State Bank of India, said he believed the rupee would stabilize at around 69-70 to the dollar, the Press Trust of India news agency reported.

Turkey’s economy has been troubled for years, but the latest crisis was set off by worries over President Recep Tayyip Erdogan’s economic policies and a trade dispute with the United States. Turkey’s government has so far refused to raise interest rates to prop up the currency, fearing a political backlash if it causes the economy to slow.

The falling rupee, which will make Indian exports cheaper on overseas markets, was welcomed by one of India’s top industrialists.

“With this boost to India’s export competitiveness could we now convince global companies that it’s time to switch to India for world-scale, export-focused manufacturing?” Anand Mahindra, the executive chairman of the Mahindra Group, said on Twitter. Mahindra’s interests range from cars to construction equipment to insurance.

India’s manufacturing economy has long been overshadowed by China’s.

 

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Sudanese Hit by Bread Shortages as Currency Crunch Escalates

Bread shortages have hit Sudan, with wheat traders blaming a foreign currency crisis for shortages of the staple that have left people lining up for hours outside bakeries.

Sudan’s economy has been struggling since the south seceded in 2011, taking with it three-quarters of its oil output and depriving it of a crucial source of foreign currency.

The crisis has deepened over the past year as a black market for U.S. dollars has effectively replaced the formal banking system after the Sudanese pound was devalued, making it more difficult to import essential supplies such as wheat.

A doubling of the price of bread in January triggered demonstrations after the government eliminated subsidies, although so far there was no sign of protests this time.

At Banet neighborhood in the town of Omdurman, in Khartoum, dozens of people stood in a long line outside the Modern Bakery.

“This is unbearable,” said 53-year-old Abdullah Mahmoud, a day laborer, who said he had been lining up for two hours for bread. “I had been here since the morning and I still don’t have any bread.”

Fatima Yassin, 36, in a queue for women, said: “Everything is expensive and bread is not available. We have a difficult life and the government doesn’t care about us.”

Similar queues were seen in other cities near the capital.

Sudan imported 2 million tons of wheat in 2017, the government said in December, compared with 445,000 tons produced locally.

One Khartoum bakery owner, Ahmed Saleh, said he had had no flour since Monday.

“We stopped working since yesterday because we did not get our share of flour,” he told Reuters.

Black market

Any flare-up over shortages could prove tricky for the government. In January, authorities arrested a prominent opposition leader and confiscated newspapers to try to stop unrest from spreading.

Only last week, Sudan’s ruling party announced that it would back any new bid by President Omar al-Bashir, to run again in the 2020 election, a move that would require a constitutional amendment.

Government officials were not immediately available to comment on the crisis.

But the Khartoum state governor, Abdel-Rahim Mohammed Hussein, said in remarks carried by state news agency SUNA on Monday that the state would receive its share of wheat supplies in the “next couple of days”, without elaborating.

Private sector wheat traders, who were given responsibility for imports by the government at the start of this year, blamed the flour shortages on the foreign currency shortages.

One trader said that businessmen were increasingly being forced to buy foreign currency at a higher rate on the black market to finance imports.

“At the same time, the government sets the sale price for flour at an unreal dollar rate,” one trader told Reuters. “We cannot sell flour at a loss,” he added.

The price of the Sudanese pound had been declining since the beginning of the year after the government devalued the currency to 18 per U.S. dollar, more than double its peg of 6.7 pounds to the dollar.

The pound, which has since been devalued further and is now officially set at 29 pounds to the dollar, was trading at 40 pounds to the dollar on the black market on Tuesday.

 

 

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Tesla Appoints Independent Directors to Weigh Any Deal

Tesla’s board named a special committee of three directors on Tuesday to evaluate possibly taking the electric carmaker private, although it said it had yet to see a firm offer from the company’s chief executive, Elon Musk.

The Silicon Valley billionaire last week said on Twitter he wants to take Tesla private at $420 a share, valuing it at $72 billion, and that funding was “secured.”

That earlier tweet triggered investor lawsuits and an investigation by the U.S. Securities and Exchange Commission into the accuracy of his statement, according to multiple media reports.

Musk on Monday gave his most detailed vision of how a take-private deal could work, but shares ended flat, indicating investor skepticism.

The shares were last down 1 percent at $352.88 on Tuesday.

Musk said Monday he had held talks with a Saudi sovereign fund on a buyout that would take Tesla off the Nasdaq exchange – an extraordinary move for what is now the United States’ most valuable automaker. Tesla has a market capitalization of $60 billion, bigger than Detroit rivals General Motors Co or Ford Motor Co, who produce far more cars.

The company said in the statement the special committee has the authority to take any action on behalf of the board to evaluate and negotiate a potential transaction and alternatives to any transaction proposed by Musk.

Tuesday’s announcement means three members of Tesla’s board will now weigh whether it is advisable – or even feasible – to pursue what could be the biggest-ever go-private deal, and they are doing so before receiving a formal proposal from the CEO.

“The special committee has not yet received a formal proposal from Mr. Musk regarding any Going Private Transaction,” the company said in a public filing with U.S. securities regulators, the first it has made since Musk’s tweets last week.

Asked about the outcome of the special committee, analyst Chaim Siegel at Elazar Advisors said, “This is not easy. Anything is possible from pulling something together to nothing. I hope nothing – so the stock can trade and benefit from the earnings inflection,” he said, referring to a promise by Musk the company would turn profitable later this year.

A blogging, tweeting CEO

Musk has yet to convince Wall Street analysts and investors that he can find the billions needed to complete the deal. Tesla’s handling of Musk’s proposal and its failure to promptly file a formal disclosure, meanwhile, have raised governance concerns and sparked questions about how companies use social media.

Musk first tweeted he planned to go private and that funding was “secured” last week, sending Tesla shares soaring 11 percent, but investors have appeared skeptical about the details he has provided since.

He blogged on Monday that recent talks with a Saudi sovereign wealth fund gave him confidence funding was nailed down, but that he was still talking with the fund and other investors. He tweeted later he was working with Goldman Sachs Group Inc and Silver Lake as financial advisers, though a source said the private equity firm was working in an unpaid, informal capacity and also not discussing participating as an investor.

Goldman had not been formally tapped as a financial adviser by Musk when he revealed plans last week to take the automaker private and said he had secured the funding for the transaction, Bloomberg reported on Tuesday, citing people with knowledge of the matter.

Goldman did not respond to a request for comment from Reuters.

“Despite Elon Musk’s frustration with being a public company, I think there are more advantages to remaining public,” said CFRA analyst Efraim Levy, citing cheaper access to capital and media exposure due to interest in a public company.

Three-member panel

Tesla said the committee consists only of independent directors: Brad Buss, Robyn Denholm and Linda Johnson Rice.

But corporate governance and shareholder voting advisers Glass Lewis and Institutional Shareholder Services said they do not consider Buss an independent director, due to his connections to a solar panel business the company bought two years ago.

Buss was chief financial officer of solar panel installer SolarCity for two years before retiring when Tesla paid $2.6 billion for the sales and installation firm in 2016. It was Tesla’s last big deal and was criticized by some on Wall Street because the company, founded by two of Musk’s cousins, had seen its business shrink before the takeover.

Denholm, the first woman on Tesla’s board, is chief operations officer of telecom firm Telstra and the ex-CFO of network gear maker Juniper Networks.

Rice, the first African-American and second woman to join the board, is CEO of Johnson Publishing Company and Chairman Emeritus of EBONY Media Holdings, the parent of EBONY and Jet brands, according to Tesla’s website.

Tesla’s other board members include Musk; his brother Kimbal Musk; Twenty-First Century Fox’s CEO James Murdoch; Antonio Gracias, founder of Valor Equity Partners; and Ira Ehrenpreis, founder of venture capital firm DBL Partners.

One director, Steve Jurvetson, is currently on leave of absence following allegations of sexual harassment.

Tesla’s board said on Aug. 8 that Musk had held talks with the directors in the previous week on taking the company private.

Latham and Watkins LLP has been retained by the committee as its legal counsel. Wilson Sonsini Goodrich and Rosati will be legal counsel for Tesla itself.

 

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Ebola Outbreak in Eastern DR Congo Potentially More Dangerous Than West African Epidemic

World Health Organization chief, Tedros Adhanom Ghebreyesus says the raging conflict in North Kivu makes the Ebola outbreak in eastern DR Congo more dangerous than the historic 2014-2015 epidemic in West Africa.  More than 11,000 people died from the Ebola virus by the time it was contained in 2016. 

WHO Director-General Tedros returned Sunday from a visit to Beni and Mangina, the epicenters of the Ebola outbreak in eastern Democratic Republic of Congo.  He says he was worried before he went on this mission, but he is more worried now after having observed first-hand the dangers and difficulties posed by the active conflict in North Kivu.

He says more than 100 armed groups operate in the region.  He says there have been 120 violent incidents this year involving killings, kidnappings, rapes and other atrocities.

“That environment is really conducive for Ebola actually to transmit freely because in that area there are places called Red Zones, inaccessible areas because there are many armed groups that operate in that region … And, these Red Zones could be hiding places for Ebola,” said Tedros.

Tedros is calling on the warring parties for a cessation of hostilities, warning this extremely contagious virus is dangerous for everyone.  Despite the many concerns, he says WHO and partners are moving ahead aggressively with the operation to contain this deadly virus.  

He says more than 216 health workers and 20 people from the community have been vaccinated against Ebola.  He says more vaccinators have been deployed from Guinea to speed this process along, and DRC authorities have given the greenlight for the use of several experimental Ebola drugs.

Tedros says health workers have begun working on case identification and contact tracing, as well as community outreach and educational programs.  He says WHO is working with countries neighboring DRC, and is helping Uganda, Burundi, Rwanda and South Sudan strengthen their surveillance and screening programs to try to prevent the deadly Ebola virus from crossing their borders.  

 

 

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Ebola Death Toll in DRC at 41 as New Drug in Use

Forty-one people have died in the latest outbreak of Ebola in DRC, health authorities said on Tuesday, adding that doctors were using a novel drug to treat patients.

Out of 57 recorded cases as of Monday, 41 were fatal, the Congolese Health Ministry and UN’s World Health Organization (WHO) said. Fourteen of the deaths had been confirmed by lab tests, the ministry said.

Last Friday, the ministry put the tally at 37 deaths, either confirmed or suspected.

The outbreak is the country’s 10th since 1976, when the disease was first identified in the Democratic Republic of Congo (DRC) near the Ebola River, a tributary of the Congo.

Its epicenter is Mangina in the region of Beni, in the strife-torn eastern province of North Kivu.

For the first time since the outbreak was announced on August 1, one fatality was recorded outside of North Kivu — in the neighboring province of Ituri, the ministry’s directorate for disease control said.

It added that doctors in Beni had started to use a novel treatment called mAb114 to treat patients with Ebola.

The treatment is “the first therapeutic drug against the virus to be used in an active Ebola epidemic in the DRC,” it said.

Developed in the United States, the prototype drug is a so-called single monoclonal antibody — a protein that binds on to a specific target of the virus and triggers the body’s immune system to destroy the invader.

The antibody was isolated from a survivor of an Ebola outbreak in the western DRC city of Kikwit in 1995, it said.

In May, the US National Institute of Allergy and Infectious Diseases (NIAID) said it was carrying out the first human trials of mAb114 to test it for safety and tolerance.

Fighting could hamper treatment

Use of the experimental treatment in the field comes on the heels of deployment of an unlicensed vaccine in an earlier outbreak of Ebola in the DRC this year.

The decision to use the vaccine, called rVSV-ZEBOV, came after trials during a pandemic in West Africa showed it to be safe and effective, the WHO says.

Immunization with rVSV-ZEBOV was given to front-line health workers to provide them with additional protection — a tactic that has been repeated in the latest outbreak.

Ebola causes serious illness including vomiting, diarrhea and in some cases internal and external bleeding. It is often fatal if untreated.

The WHO has expressed concern that the violence in North Kivu — entailing militias who often fight for control of resources, including a notorious Ugandan rebel force called the Allied Democratic Forces (ADF) — could hamper the fight against the new outbreak.

WHO Director General Tedros Adhanom Ghebreyesus, visiting the area, on Sunday called for “free and secure access” for health workers, the agency said in a statement.

The outbreak in North Kivu was declared a week after WHO and the Kinshasa government hailed the end of a flareup in northwestern Equateur province which killed 33 people.

In the worst Ebola epidemic, the disease struck the West African states of Guinea, Liberia and Sierra Leone in 2013-15, killing more than 11,300 people.

 

 

 

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Survey: Vienna Tops Melbourne as World’s Most Liveable City

Vienna has dislodged Melbourne for the first time at the top of the Economist Intelligence Unit’s Global Liveability Index, strengthening the Austrian capital’s claim to being the world’s most pleasant city to live in.

The two metropolises have been neck and neck in the annual survey of 140 urban centers for years, with Melbourne clinching the title for the past seven editions. This year, a downgraded threat of militant attacks in western Europe as well as the city’s low crime rate helped nudge Vienna into first place.

Vienna regularly tops a larger ranking of cities by quality of life compiled by consulting firm Mercer. It is the first time it has topped the EIU survey, which began in its current form in 2004.

At the other end of the table, Damascus retained last place, followed by the Bangladeshi capital Dhaka, and Lagos in Nigeria.

The survey does not include several of the world’s most dangerous capitals, such as Baghdad and Kabul.

“While in the past couple of years cities in Europe were affected by the spreading perceived threat of terrorism in the region, which caused heightened security measures, the past year has seen a return to normalcy,” the EIU said in a statement about the report published on Tuesday.

“A long-running contender to the title, Vienna has succeeded in displacing Melbourne from the top spot due to increases in the Austrian capital’s stability category ratings,” it said, referring to one of the index’s five headline components.

Vienna and Melbourne scored maximum points in the healthcare, education and infrastructure categories. But while Melbourne extended its lead in the culture and environment component, that was outweighed by Vienna’s improved stability ranking.

Osaka, Calgary and Sydney completed the top five in the survey, which the EIU says tends to favor medium-sized cities in wealthy countries, often with relatively low population densities. Much larger and more crowded cities tend to have higher crime rates and more strained infrastructure, it said.

London for instance ranks 48th.

Vienna, once the capital of a large empire rather than today’s small Alpine republic, has yet to match its pre-World War I population of 2.1 million. Its many green spaces include lakes with popular beaches and vineyards with sweeping views of the capital. Public transport is cheap and efficient.

In addition to the generally improved security outlook for western Europe, Vienna benefited from its low crime rate, the survey’s editor Roxana Slavcheva said.

“One of the sub-categories that Vienna does really well in is the prevalence of petty crime … It’s proven to be one of the safest cities in Europe,” she said.

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Maduro: Venezuela Gasoline Prices Should Rise to International Levels

Venezuela’s heavily subsidized domestic gasoline prices should rise to international levels to avoid billions of dollars in annual losses due to fuel smuggling, President Nicolas Maduro said in a televised address on Monday.

“Gasoline must be sold at an international price to stop smuggling to Colombia and the Caribbean,” Maduro said in a televised address.

Venezuela, like most oil-producing countries, has for decades subsidized fuel as a benefit to consumers. But its fuel prices have remained nearly flat for years despite hyperinflation that the International Monetary Fund has projected would reach 1,000,000 percent this year.

That means that for the price of a cup of coffee, a driver can now fill the tank of a small SUV nearly 9,000 times.

Recently, the average price of a coffee with milk was 2.2 million bolivars, or about 50 cents, local media has reported.

Smugglers do brisk business reselling fuel in neighboring countries.

Maduro said the government would still provide “direct subsidies” to citizens holding the “fatherland card,” a state-issued identification card that the government uses to provide bonuses and track use of social services.

He said the subsidy was only available to those who registered their cars in a vehicle census being conducted by the state.

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Mexico’s Lopez Obrador Pledges More Than $11B for Refineries

Mexican President-elect Andres Manuel Lopez Obrador said on Monday his administration will invest more than $11 billion to boost refining capacity in order to curb growing fuel imports.

Lopez Obrador, who will take office on Dec. 1, told reporters his government plans to invest $2.6 billion to modernize existing domestic refineries owned and operated by national oil company Pemex, and spend another $8.4 billion to build a new one within three years.

The $8.4-billion figure is higher than a $6 billion estimate provided by a key energy advisor during the campaign.

Lopez Obrador, set to become Mexico’s first leftist president in decades, did not detail how the projects would be financed or whether private capital would be involved, but he has often said he will not raise taxes or grow government debt.

Mexico is among Latin America’s largest crude exporters, but is also the biggest importer of U.S. refined products. The country’s next president has pledged to lift refining capacity, which he says has declined due to corruption and neglect.

Pemex, formally known as Petroleos Mexicanos, has six domestic refineries with a total processing capacity of some 1.6 million barrels per day (bpd), but the facilities are only operating at about 40 percent of capacity so far this year.

Meanwhile, gasoline and diesel imports have sky-rocketed in recent months amid planned and unplanned refinery stoppages.

Pemex has posted losses in its refining division for years but Lopez Obrador aims to boost crude processing enough to halt imports within three years.

Lopez Obrador also said he plans to invest another $4 billion to drill new onshore and shallow-water oil wells in the states of Veracruz, Tabasco and Chiapas.

Pemex production has consistently declined in recent years to fall below 2 million bpd after hitting peak output of 3.4 million bpd in 2004.

President Enrique Pena Nieto passed a reform to open up Mexico’s state-run energy industry to private producers, which has led to a series of competitive auctions that have awarded more than 100 oil exploration and production contracts.

Lopez Obrador has said he will respect those contracts as long as an ongoing review does not find signs of corruption. He is widely expected to slow down the process of offering more contracts to private players.

($1 = 19.1100 Mexican pesos)

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Global Concerns Rise as Turkey’s Lira Dips Again

Turkey’s currency, the lira, continues to slide as the country’s central bank failed to halt the decline Monday. Turkish President Recep Tayyip Erdogan has accused the United States of purposely trying to damage his country’s economy. More from VOA’s Bill Gallo.

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World’s First Commercial 3D-Printed Concrete Homes Planned

The world will soon have its first batch of commercially available 3D-printed concrete homes. A consortium of the Dutch municipality of Eindhoven, Eindhoven University of Technology (TU/e), and three private firms has joined forces to build five of these unique homes in the hub city of Eindhoven in the Netherlands. VOA’s Julie Taboh has more.

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People Unburden Stress with Beasts of Burden

Animal-assisted therapy is a growing field that uses animals to help people recover from or better cope with health problems, such as heart disease, cancer and mental health disorders. While the most common therapy animal is dogs, the use of other creatures is on the rise. More from Faith Lapidus.

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Analysts: Trade Wars Not Good for Anyone

Tariffs imposed on goods imported from China, Europe and other parts of the world could hurt American consumers and small businesses more than help them. Analysts point out that in today’s global economy, most manufacturers produce parts and import others to make a final product. Tariffs imposed on Chinese electronic parts have already forced a U.S. TV factory to close down, and there are concerns that U.S. farmers could lose big markets overseas. VOA’s Zlatica Hoke has more.

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Wu’s Fight for ‘Crazy Rich Asians’ Part of a Bigger Crusade

Constance Wu had resigned herself to the fact that “Crazy Rich Asians” was not going to work out for her. She was under contract for her sitcom “Fresh Off the Boat,” both were filming in the fall, and that was that. “Crazy Rich Asians” would be the first studio-made Asian-American movie in 25 years, and Wu, who has established herself as a crusader for Asian-American representation in Hollywood, would have to sit this historic moment out.

 

But then, feeling “kind of dramatic,” and thinking about the significance of the project to her and untold number of Asian-Americans who make it a point to tell her their stories because of her tweets and “Fresh Off the Boat,” Wu decided to give it one last shot and composed an email to “Crazy Rich Asians” director Jon M. Chu.

 

“I said, I know the dates don’t work out and whoever you cast, I will be the first in line and I will be their No. 1 fan and supporter, but I did want to let you know that I would put 110 percent of my heart into this project and I know what to do with it and how to carry a movie and if you can just wait for me, I don’t think you’ll regret it,” Wu, 36, said. “I did NOT think this email would work. I did it more for me so that I felt that I had told my truth. But then he read it and said, “You guys, we’ve got to push the production.”

 

Sitting in a restaurant at the Beverly Wilshire, a hotel famous for co-starring in another “Cinderella” story, “Pretty Woman,” and sipping on a “cocktail” of grapefruit juice and sparkling water, Wu is describing how “Crazy Rich Asians,” out nationwide Wednesday is also a kind of “Cinderella” story. Based the first book in author Kevin Kwan’s popular trilogy, Wu’s character Rachel Chu is a middle-class economics professor from the U.S. who finds herself navigating the upper echelons of Singapore’s wealthy classes when her boyfriend Nick Young takes her home for a wedding and to meet his disapproving family and all the jealous women also vying for the attention of the “prince.”

 

“It’s a fairy tale, it really is,” Wu said. “And there are a lot of different shoes in the movie!”

A native of Richmond, Virginia, and a classically-trained theater actress with a passion for musicals, Wu has been working toward a moment like this her whole life, and taking it very seriously. During the shoot, she wouldn’t go out with her co-stars for karaoke nights or have a drink after a long day of work. She wanted to be clear of mind and she’d already promised her director that she was going to give it her all.

 

She knew how unlikely it was that she’d ever get an opportunity as an Asian-American woman to lead a studio movie.

 

“Even a terrific actress like Sandra Oh was always No. 2 or No. 3 in the movie, she was never No. 1 unless it was an independent movie,” said Wu, who is not shy about saying that she only wants to go out for roles where she is the No. 1 star. It’s a drive that has made some uncomfortable.

 

“People are like, ‘Who do you think you are?’ And it’s like, I guess I think I’m a talented actor and I guess I’m not a person who is going to let you make me feel small anymore,” she said.

 

But Wu isn’t interested in making people feel comfortable at the expense of her truth, which is why at least part of her time is spent amplifying underrepresented voices on twitter, even knowing that it’s affected her employment opportunities.

 

Wu once heard that a friend’s liberal boyfriend said he didn’t like Wu’s politics.

 

“I’m like, ‘Does he not like my politics or does he not like that I have politics?’ And she asked him and he was like, “Oh I guess it’s that,'” Wu said.

 

Fame, she said, is silly in that regard. She thinks it’s “dumb” that she has a bigger voice than other people, like journalists or academics who are more studied in discourse on race and intersectionality. But, she also realized that while she has this platform, she can at least do some good with it.

 

Henry Golding, who plays Nick, is in awe of Wu’s fortitude.

 

“She’s such a role model for so many people. She has a backbone, which a lot of people don’t. She’s not afraid of saying what’s on her mind and really driving home what she thinks should be done, or what’s not happening in the industry that should be happening,” said Golding. “She’s going to go down as a real fighter and someone who can act the socks off anything. She is Rachel Chu.”

 

As for what’s next, Wu said she thinks she’s going to have a lot of choices in the coming years.

 

“I’m very privileged and lucky and I’m at a point where I can sort of get to decide where I want to go with my career,” Wu said.

 

And first up on her wish-list? A musical.

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Tesla’s Slow Disclosure Raises Governance, Social Media Concerns

Tesla’s handling of Chief Executive Elon Musk’s proposal to take the carmaker private and its failure to promptly file a formal disclosure has raised governance concerns and sparked questions about how companies use social media.

Musk stunned investors last Tuesday by announcing on Twitter that he was considering taking Tesla private in a potential $72 billion transaction and that “funding” had been “secured.”

Tesla’s shares closed up 11 percent before retrenching after the Wall Street Journal reported that the U.S. Securities and Exchange Commission (SEC) had asked Tesla why Musk announced his plans on Twitter and whether his statement was truthful.

Musk provided no details of his funding until Monday, when he said in a blog on Tesla’s website that he was in discussions with Saudi Arabia’s sovereign wealth fund and other potential backers but that financing was not yet nailed down.

Musk said his tweet and blogs were issued in his personal capacity as a private bidder for Tesla’s stock. A Tesla spokesman pointed Reuters to Musk’s blog in response to a request for comment.

Putting aside whether Musk misled anyone, the unorthodox manner in which he announced the news and Tesla’s failure to promptly clarify the situation with a regulatory filing is a corporate governance lapse that raises questions about how companies use social media to release market-moving news, securities lawyers said.

“Management buyouts or other take-private transactions already suffer from serious information asymmetry between management and public shareholders,” said Gabriel Rauterberg, a University of Michigan law professor.

SEC rules typically require companies to file an 8-K form within four business days of a significant corporate event.

While several securities lawyers said Musk’s tweets alone did not trigger this obligation, such a filing would be prudent given the unusual circumstances, David Axelrod, a partner at law firm Ballard Spahr LLP, said.

“An 8-K would provide some more details, it would say what stage negotiations are in, and provide more information than 53 characters in a tweet,” he added.

Full and fair disclosure

SEC guidelines published in 2013 allow companies and their executives to use social media to distribute material information, provided investors have been alerted that this is a possibility. Tesla did this in a 2013 filing.

But such disclosures have to be full and fair, meaning the information is complete and accessible by all investors at the same time, a bar that Musk’s tweets may not have met.

“Twitter is not designed to provide full and fair disclosure. That doesn’t mean that you couldn’t, but in a series of 20 to 30 characters I’m not sure you’re getting full disclosure,” said Zachary Fallon, a former SEC attorney and principal at law firm Blakemore Fallon.

The SEC declined to comment Monday.

Securities lawyers said there was also a question mark over whether Musk selectively disclosed information on the possible terms of the deal when he subsequently replied to followers, two of whom claim in their handles to be investors.

Those tweets were not immediately visible to all followers of Musk’s main feed until he retweeted them.

History of Twitter use

The 47-year-old billionaire’s history of joking about Tesla and using twitter to bait his critics also appears to have undermined trust in Musk’s feed as a reliable source of company information, with many investors initially believing Tuesday’s tweet was a prank.

In his blog, Musk said he made the announcement on Twitter to ensure all investors were aware of his plan before speaking with the company’s largest shareholders.

But his claim to have done so as a private person presents a potential conflict of interest, said Nimish Patel, a lawyer with Mitchell Silberberg & Knupp.

“If you’re speaking on behalf of the company using resources like Twitter and the company website, while at the same time saying you’re a private individual expressing your own personal views, you are being inconsistent and creating confusion for investors. And when there’s confusion, the SEC is likely going to get involved,” he added.

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Like ‘The Wife,’ Glenn Close Says She Is Late Bloomer

Glenn Close may be known for playing strong, often ruthless women, but like her long-subdued character in The Wife she says she’s only just starting to feel comfortable in her own skin.

Close plays Joan, the self-effacing spouse of a successful novelist in The Wife, which opens in the United States on Friday as women in Hollywood and beyond are demanding a louder voice.

Decades of suppressing her own talents and desires in support of her husband’s career begin to unravel when he wins the Nobel Prize for literature and a biographer probes the couple’s life.

“The film took 14 years to get made and who knew that it would be incredibly relevant?” Close, 71, told Reuters. The film is based on the 2003 book of the same name by Meg Wolitzer.

Close’s performance has won rave reviews, sparking talk of a potential seventh Oscar nomination next year. The Hollywood Reporter said the actress “commands the center of The Wife: still, formidable and impossible to look away from.”

Despite a 40-year career, three Emmy awards, three Tonys and six Oscar nominations, the star of Fatal Attraction and the TV drama Damages says she feels she is just beginning.

“I’m a very late bloomer. It took me a very long time to learn some basic things. That’s why it’s kind of wonderful and ironic for me to be at this point at my life and feel like it’s just the beginning,” she said.

Close launched her acting career in the theater in the 1970s and said she feels lucky to have found success in job she is so passionate about.

“I think I’m at a time in my life where I’ve finally accepted certain things about myself, and it’s OK. The fact that I’m not a hugely social person, that I’m very much in my head is OK,” she said. “I feel happier and more calm and more excited about life than I ever have.”

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Multi-gene Test May Find Risk for Heart Disease and More

You know your cholesterol, your blood pressure … your heart gene score? Researchers say a new way of analyzing genetic test data may one day help identify people at high risk of a youthful heart attack in time to help.

Today, gene testing mostly focuses on rare mutations in one or a few genes, like those that cause cystic fibrosis or sickle cell disease, or the BRCA gene responsible for a small fraction of breast cancer. It is less useful for some of the most common diseases, such as heart disease or diabetes, because they are influenced by vast numbers of genes-gone-wrong working together in complicated ways.

Monday, researchers reported a new way to measure millions of small genetic variations that add up to cause harm, letting them calculate someone’s inherited risk for the most common form of heart disease and four other serious disorders. The potential cardiac impact: They estimated that up to 25 million Americans may have triple the average person’s risk for coronary artery disease even if they haven’t yet developed warning signs like high cholesterol.

“What I foresee is in five years, each person will know this risk number, this ‘polygenic risk score,’ similar to the way each person knows his or her cholesterol,” said Dr. Sekar Kathiresan who led the research team from the Broad Institute, Massachusetts General Hospital and Harvard Medical School.

If the approach pans out and doctors adopt it, a bad score wouldn’t mean you’d get a disease, just that your genetic makeup increases the chance — one more piece of information in deciding care. For example, when the researchers tested the system using a DNA database from Britain, less than 1 percent of people with the lowest risk scores were diagnosed with coronary artery disease, compared to 11 percent of people with the highest risk score.

“There are things you can do to lower the risk,” Kathiresan said — the usual advice about diet, exercise, cholesterol medication and not smoking helps.

On the flip side, a low-risk score “doesn’t give you a free pass,” he added. An unhealthy lifestyle could overwhelm the protection of good genes.

The scoring system also can predict an increased risk of Type 2 diabetes, inflammatory bowel disease, breast cancer and an irregular heartbeat called atrial fibrillation, the team reported in the journal Nature Genetics — noting that next steps include learning what might likewise lower those risks.

It doesn’t require the most sophisticated type of genetic testing. Instead, Kathiresan can calculate risk scores for those five diseases — eventually maybe more — simply by reanalyzing the kind of raw data people receive after sending a cheek swab to companies like 23andMe.

A geneticist who specializes in cardiovascular disease, he hopes to open a website where people can send in such data to learn their heart risk, as part of continuing research. Kathiresan and co-author Dr. Amit Khera, a Mass General cardiologist, are co-inventors on a patent application for the system.

Other scientists and companies have long sought ways to measure risk from multiple, additive gene effects — the “poly” in polygenic — and Myriad Genetics has begun selling a type of polygenic test for breast cancer risk.

But specialists in heart disease and genetics who weren’t involved with the research called the new findings exciting because of their scope.

“The results should be eye-opening for cardiologists,” said Dr. Charles C. Hong, director of cardiovascular research at the University of Maryland School of Medicine. “The only disappointment is that this score applies only to those with European ancestry, so I wonder if similar scores are in the works for the large majority of the world population that is not white.”

Hong pointed to a friend who recently died of a massive heart attack despite being a super-fit marathon runner who’d never smoked, the kind of puzzling death that doctors have long hoped that a better understanding of genetics could help to prevent.

“Most of the variation in disease risk comes from an enormous number of very tiny effects” in genes, agreed Stanford University genetics professor Jonathan Pritchard. “This is the first time polygenic scores have really been shown to reach the level of precision where they can have an impact” on patient health.

First, the Boston-based team combed previous studies that mapped the DNA of large numbers of people, looking for links to the five diseases — not outright mutations but minor misspellings in the genetic code.

Each variation alone would have only a tiny effect on health. They developed a computerized system that analyzed how those effects add up, and tested it using DNA and medical records from 400,000 people stored in Britain’s UK Biobank. Scores more than three times the average person’s risk were deemed high.

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Calls for Action on Toxics White House Called ‘PR Nightmare’

Lauren Woeher wonders if her 16-month-old daughter has been harmed by tap water contaminated with toxic industrial compounds used in products like nonstick cookware, carpets, firefighting foam and fast-food wrappers.

Henry Betz, at 76, rattles around his house alone at night, thinking about the water his family unknowingly drank for years that was tainted by the same contaminants, and the pancreatic cancers that killed wife Betty Jean and two others in his household.

Tim Hagey, manager of a local water utility, recalls how he used to assure people that the local public water was safe. That was before testing showed it had some of the highest levels of the toxic compounds of any public water system in the U.S.

 

“You all made me out to be a liar,” Hagey, general water and sewer manager in the eastern Pennsylvania town of Warminster, told Environmental Protection Agency officials at a hearing last month. The meeting drew residents and officials from Horsham and other affected towns in eastern Pennsylvania, and officials from some of the other dozens of states dealing with the same contaminants.

 

At “community engagement sessions” around the country this summer like the one in Horsham, residents and state, local and military officials are demanding that the EPA act quickly — and decisively — to clean up local water systems testing positive for dangerous levels of the chemicals, perfluoroalkyl and polyfluoroalkyl substances, or PFAS.

 

The Trump administration called the contamination “a potential public relations nightmare” earlier this year after federal toxicology studies found that some of the compounds are more hazardous than previously acknowledged.

 

PFAS have been in production since the 1940s, and there are about 3,500 different types. Dumped into water, the air or soil, some forms of the compounds are expected to remain intact for thousands of years; one public-health expert dubbed them “forever chemicals.”

 

EPA testing from 2013 to 2015 found significant amounts of PFAS in public water supplies in 33 U.S. states. The finding helped move PFAS up as a national priority.

 

So did scientific studies that firmed up the health risks. One, looking at a kind of PFAS once used in making Teflon, found a probable link with kidney and testicular cancer, ulcerative colitis, thyroid disease, hypertension in pregnant women and high cholesterol. Other recent studies point to immune problems in children, among other things.

 

In 2016, the EPA set advisory limits — without any direct enforcement — for two kinds of PFAS that had recently been phased out of production in the United States. But manufacturers are still producing, and releasing into the air and water, newer versions of the compounds.

 

Earlier this year, federal toxicologists decided that even the EPA’s 2016 advisory levels for the two phased-out versions of the compound were several times too high for safety.

 

EPA says it will prepare a national management plan for the compounds by the end of the year. But Peter Grevatt, director of the agency’s Office of Ground Water and Drinking Water, told The Associated Press that there’s no deadline for a decision on possible regulatory actions.

 

Reviews of the data, and studies to gather more, are ongoing.

 

Even as the Trump administration says it advocates for clean air and water, it is ceding more regulation to the states and putting a hold on some regulations seen as burdensome to business.

 

In Horsham and surrounding towns in eastern Pennsylvania, and at other sites around the United States, the foams once used routinely in firefighting training at military bases contained PFAS.

 

“I know that you can’t bring back three people that I lost,” Betz, a retired airman, told the federal officials at the Horsham meeting. “But they’re gone.”

 

State lawmakers complained of “a lack of urgency and incompetency” on the part of EPA.

 

“It absolutely disgusts me that the federal government would put PR concerns ahead of public health concerns,” Republican state Rep. Todd Stephens declared.

 

After the meeting, Woeher questioned why it took so long to tell the public about the dangers of the compounds.

 

“They knew they had seeped into the water, and they didn’t tell anybody about it until it was revealed and they had to,” she said.

 

Speaking at her home with her toddler nearby, she asked, “Is this something that, you know, I have to worry? It’s in her.”

 

While contamination of drinking water around military bases and factories gets most of the attention, the EPA says 80 percent of human exposure comes from consumer products in the home.

 

The chemical industry says it believes the versions of the nonstick, stain-resistant compounds in use now are safe, in part because they don’t stay in the body as long as older versions.

 

“As an industry today… we’re very forthcoming meeting any kind of regulatory requirement to disclose any kind of adverse data,” said Jessica Bowman, a senior director at the American Chemistry Council trade group.

 

Independent academics and government regulators say they don’t fully share the industry’s expressed confidence about the safety of PFAS versions now in use.

 

“I don’t know that we’ve done the science yet to really provide any strong guidance” on risks of the kinds of PFAS that U.S. companies are using now, said Andrew Gillespie, associate director at the EPA’s National Exposure Research Laboratory.

 

While EPA considers its next step, states are taking action to tackle PFAS contamination on their own.

 

In Delaware, National Guard troops handed out water after high levels of PFAS were found in a town’s water supply. Michigan last month ordered residents of two towns to stop drinking or cooking with their water, after PFAS were found at 20 times the EPA’s 2016 advisory level. In New Jersey, officials urged fishermen to eat some kinds of fish no more than once a year because of PFAS contamination.

 

Washington became the first state to ban any firefighting foam with the compound.

 

Given the findings on the compounds, alarm bells “should be ringing four out of five” at the EPA, Kerrigan Clough, a former deputy regional EPA administrator, said in an interview with the AP as he waited for a test for PFAS in the water at his Michigan lake home, which is near a military base that used firefighting foam.

 

“If the risk appears to be high, and you’ve got it every place, then you’ve got a different level” of danger and urgency, Clough said. “It’s a serious problem.”

 

Problems with PFAS surfaced partly as a result of a 1999 lawsuit by a farmer who filmed his cattle staggering, frothing and dying in a field near a DuPont disposal site in Parkersburg, West Virginia, for PFAS then used in Teflon.

 

In 2005, under President George W. Bush, the EPA and DuPont settled an EPA complaint that the chemical company knew at least by the mid-1980s that the early PFAS compound posed a substantial risk to human health.

 

Congress has since boosted the agency’s authority to regulate problematic chemicals. That includes toughening up the federal Toxic Substances Control Act and regulatory mandates for the EPA itself in 2016.

 

For PFAS, that should include addressing the new versions of the compounds coming into production, not just tackling old forms that companies already agreed to take offline, Goldman said.

 

“Otherwise it’s the game of whack-a-mole,” she said. “That’s not what you want to do when you’re protecting the public health.”

 

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