Italy Fines Apple €98.6 Million Over App Store Dominance 
Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law 
Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz 
FedEx Beats Q2 Earnings Expectations, Raises Full-Year Outlook Despite Stock Dip 
Elliott Management Takes $1 Billion Stake in Lululemon, Pushes for Leadership Change 
Nike Shares Slide as Margins Fall Again Amid China Slump and Costly Turnaround 
Harris Associates Open to Revised Paramount Skydance Bid for Warner Bros Discovery 
7-Eleven CEO Joe DePinto to Retire After Two Decades at the Helm 
Citi Appoints Ryan Ellis as Head of Markets Sales for Australia and New Zealand 
AstraZeneca’s LATIFY Phase III Trial of Ceralasertib Misses Primary Endpoint in Lung Cancer Study 
Trump Signals Push for Lower Health Insurance Prices as ACA Premium Concerns Grow 
Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions 
Maersk Vessel Successfully Transits Red Sea After Nearly Two Years Amid Ongoing Security Concerns 
JPMorgan’s Top Large-Cap Pharma Stocks to Watch in 2026 
FDA Fast-Tracks Approval of Altria’s on! PLUS Nicotine Pouches Under New Pilot Program 
Roche CEO Warns US Drug Price Deals Could Raise Costs of New Medicines in Switzerland 
Bridgewater Associates Plans Major Employee Ownership Expansion in Milestone Year 
LOS ANGELES, June 23, 2016 -- Dreams for a better life – one out of the shadows with the promise of greater economic vitality for individuals and the region as a whole – were deferred today.
The Supreme Court of the United States ruled 4-4 on the Obama Administration's immigration executive actions that would have expanded Deferred Action for Childhood Arrivals (DACA) and created Deferred Action for Parents of Americans (DAPA). The United States v. Texas case will now be sent back to the Texas district court to determine the whether the programs are constitutional. The programs were meant to preserve families and give parents of U.S. citizens and those who came to the United States as children the power to earn their own living.
In Los Angeles County alone, nearly 500,000 immigrants are eligible to apply. Today's ruling leaves hardworking families in the shadows and living under the fear of deportation and separation. It leaves fewer residents with the ability to buy homes, make better wages and fully participate in our civic and economic fabric.
Reflecting our missions to ensure a more prosperous future for all Los Angeles residents, we stand united to continue supporting immigrant integration efforts during these challenging times. We will support organizations that provide vital services to children and families in need and ensure that they are not exploited or defrauded. While this decision is a temporary setback, we will continue to partner with stakeholders across sectors to push for immigration reform that upholds the dignity of all communities and families.
California Community Foundation
The California Endowment
The James Irvine Foundation
Weingart Foundation
CONTACT: Taleen Ananian
213.452.6203
[email protected]
