Bloomberg Technology: Trump Threatens 25% Tariffs on Apple
Bloomberg's Caroline Hyde discusses President Trump's threat to place a 25% tariff on Apple if it doesn't move iPhone production to the U.S. Plus, Andrew Ng, co-founder of Coursera and AI investor, discusses the skills shortage in advanced manufacturing that makes building iPhones and other tech in the US difficult. And the IPO market begins to heat up, spurring hope for tech startups and their investors.
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His name carries weight not just in business circles, but also within the walls of public service departments, corporate boardrooms, and humanitarian organizations across the country. Opinions expressed by Entrepreneur contributors are their own. You're reading Entrepreneur Asia Pacific, an international franchise of Entrepreneur Media. In the heart of America's industrial, civic, and philanthropic landscapes stands Michael Benner—a man whose journey from hands-on law enforcement supplier to nationally recognized entrepreneur speaks volumes of perseverance, patriotism, and purposeful innovation. His name carries weight not just in business circles but also within the walls of public service departments, corporate boardrooms, and humanitarian organizations across the country. The Man Who Rebuilt Stewart Warner One of the most transformative chapters of Benner's life began with Stewart Warner Instruments—a company whose legacy dated back to Henry Ford's early automobile models. In the 1990s, the historic firm faced a steep decline under foreign ownership. With unwavering resolve, Benner and a small team of executives orchestrated a daring management buyout. They mortgaged homes, liquidated personal assets, and secured a $9 million credit line to reclaim the company and its heritage. Under Benner's leadership, Stewart Warner's on-time delivery rates surged from under 50% to over 90%, and backlogged orders were reduced from $2.1 million to just $100,000. The company also earned ISO 9001 certification, joining an elite class of global manufacturers recognized for quality in design and production. Through improved processes, better control of inventory, and decisive action, Benner led the firm back to profitability, preserving a brand that had once equipped Henry Ford's earliest automobiles. At the Forefront of Law Enforcement Innovation Benner's commitment to public service began even earlier, with the founding of Constable Equipment Company. He was a trailblazer in supplying cutting-edge radar systems and safety gear, including thousands of custom-fitted soft body armor vests to police departments across the country. His hands-on engagement—from training officers to attending national security conferences—earned him commendations from the FBI, the Missouri Chiefs of Police, and departments from Chicago to El Paso. Chicago's Police Department, under the leadership of Mayor Jane Byrne and Superintendent Richard Brezeczek, honored Benner with an autographed Jim Beam commemorative decanter with a message of appreciation for his personal efforts inscribed on the roof. His contributions were pivotal in securing over 13,000 body armor vests for officers—an effort that helped modernize safety standards in a rapidly evolving world. Giving with a Heart Full of Purpose Following the catastrophic impact of Hurricane Katrina, Benner again rose to the occasion—not in uniform or business attire, but as a citizen and philanthropist. 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- Yahoo
Indian manufacturing growth eases to 3-month low in May, PMI shows
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Yahoo
an hour ago
- Yahoo
The Evolution of the CFO: From Financial Steward to Strategic Visionary
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