The fallout from the Jeffrey Epstein files continues to ripple through corporate America, with boards and business leaders grappling with difficult questions about executives' relationships with the disgraced financier. Simultaneously, the US Deputy Health Secretary, Jim O'Neill, is focused on increasing human healthspan through longevity-focused research, while schools are reconsidering class photo plans due to links between a photography company and Epstein's associates. Presidents Day, a federal holiday honoring George Washington, is also being observed.
Two weeks after the release of millions of Jeffrey Epstein files by the U.S. Justice Department, the corporate world is still sifting through the murky paper trail, according to Fortune. Boards and business leaders are now deciding how to handle executives who were close to Epstein, even after his 2008 conviction for sex crimes. The questions being asked include: "Who knew what, when? Did an executive commit a crime or just exhibit bad judgement?"
Meanwhile, some U.S. school districts dropped plans for class pictures after social media posts linked Lifetouch, a photography giant, to the investment fund manager Apollo Global Management, as reported by Fortune. Apollo's former CEO, billionaire investor Leon Black, met regularly with Epstein and was advised by him on financial matters. Black led the company in 2019 when funds managed by Apollo bought Lifetouch's parent company, Shutterfly, in a $2.7 billion deal that closed in September 2019, a month after Epstein's death. Lifetouch has called the claims completely false.
In other news, Jim O'Neill, the US Deputy Health Secretary, is focused on longevity-focused research supported by ARPA-H, according to MIT Technology Review. O'Neill, who oversees a department with a budget of over a trillion dollars, also signed the decision memorandum on the US's new vaccine schedule.
Presidents Day, observed on the third Monday of February each year, honors the birthday and legacy of George Washington, according to Time. The holiday is celebrated through patriotic parades, historical reenactments, and readings of major presidential speeches. "Its a really good opportunity to reflect on the origins of the presidential office," Lindsay Chervinsky, executive director of the George Washington Presidential Library at Mount Vernon, told TIME.
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