Source: http://ift.tt/hFWySe --- Monday, January 30, 2017
Big U.S.-based companies are joining the crescendo of criticism against President Donald Trump’s ban on refugees and immigrants from certain Muslim countries. Tech companies, including Google, Apple, Facebook and Amazon , blasted Trump’s edict, which bars refugees from Syria and travelers from seven predominantly Muslim countries. They were joined by a growing number of other businesses, including the Wall Street titans Goldman Sachs and Morgan Stanley, Netflix, Nike, Lyft and Starbucks . Trump’s edict — and the raucous weekend protests it sparked — also rattled investors, with stock markets taking a dive on Monday. Tech companies, which rely on foreign workers, and airlines snarled by demonstrations were hit hard in the worst trading day of Trump’s presidency and the largest daily loss since mid-October . Many tech companies criticized Trump during the campaign for his anti-immigrant talk. Now that he’s making good on his campaign centerpieces ― a Muslim ban and a Mexico border wall ― more corporate leaders are speaking out. Borrowing a favorite word from Trump, Netflix CEO Reed Hastings called the immigrant ban “sad.” He added: “Trump’s actions are hurting Netflix employees around the world, and are so un-American it pains us all. Worse, these actions will make America less safe (through hatred and loss of allies).” Goldman Sachs CEO Lloyd Blankfein sent a memo to workers denouncing Trump’s order. “This is not a policy we ...
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