Hollywood Actors Guild Vote to Authorize Strike Amid Ongoing Writers Strike
Hollywood's actor's guild, the SAG-AFTRA union, could be heading to the picket lines if a new deal isn't struck with major production studios. In similar fashion to Hollywood writers, nearly 98 percent of the union's 160,000 members voted to strike over better pay and assurances that artificial intelligence wouldn't impact their livelihoods.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
