WGA Strike Just Hours Away From Commencing as Current Agreement Set to Expire
Hollywood could experience its first writer's strike in 15 years if the Writer's Guild of America and the Alliance of Motion Picture are unable to reach an agreement on new contracts. Writers are looking for increased pay and more flexibility to work on multiple shows during down time. Cheddar News senior reporter Michelle Castillo said many of the changes the WGA are seeking stem from a transformation of the industry due to the streaming TV boom.
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.
