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Uber CEO quits Trump's business advisory group

Thursday, February 02, 2017 - 01:26

Uber Technologies Inc Chief Executive Officer Travis Kalanick, facing criticism from immigration advocates for serving on President Donald Trump's business advisory group, quit the group on Thursday, the company said. Jonah Green reports.

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Uber CEO Travis Kalanick quitting President Donald Trump's economic advisory council Thursday, after days of criticism about his decision to work with the President. According to media reports, Kalanick in a memo to employees wrote - quote - "Earlier today I spoke briefly with the president about the immigration executive order and its issues for our community. "I also let him know that I would not be able to participate on his economic council. Joining the group was nto meant to be an endorsement of the president or his agenda but unfortunately it has been misinterpreted to be exactly that." Uber has faced growing backlash from enraged customers for conducting business as usual following Trump's ban on immigrants from seven Muslim countries. Even as Yellow Cab drivers around New York City's JFK Airport went on strike to protest the ban. That decision sparking a social media campaign against the ride sharing company with "#DeleteUber" trending online. Later Kalanick in an email to employees tried to contain the damage, saying Uber would compensate the families of drivers who might have been traveling outside the U.S. and would not be able to support the families until they can get back in. Kalanick's cancellation could put pressure on other CEOs expected to attend the meeting, from companies including JPMorgan Chase, GM, Blackstone and IBM. Disney CEO Bob Iger also backing out of the visit, reportedly due to a previously scheduled board meeting.

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Uber CEO quits Trump's business advisory group

Thursday, February 02, 2017 - 01:26