A worker on a factory line at the Foxconn plant in Shenzen in 2010. Photo: Voishmel/AFP/Getty Images

Foxconn, the biggest assembler of iPhones, wants to cut $2.9 billion in expenses next year — including cutting costs and shrinking "non-technical staff" by 10% within its iPhone business — citing a "very difficult and competitive year," according to an internal memo obtained by Bloomberg.

Why it matters: This follows a string of reports about Apple's suppliers cutting their financial outlooks, plus Apple reportedly cutting iPhone production orders, fueling concerns about weaker demand for Apple's flagship product. In its most recent earnings report, Apple said it would no longer break out unit sales for its iPhones and iPads.

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GAO finds Chad Wolf, Ken Cuccinelli are ineligible for top DHS roles

Photo: CQ-Roll Call, Inc via Getty Images

Acting Homeland Security Secretary Chad Wolf and his acting deputy Ken Cuccinelli are ineligible to be serving in their positions, the Government Accountability Office (GAO) decided in a report released Friday.

Why it matters: While the finding has no immediate power, it could be important evidence in litigation over policies enacted under Wolf and Cuccinelli's leadership, said America's Voice's Ur Jaddou, who served as chief counsel to U.S. Citizenship and Immigration Services (USCIS) under President Obama.

The many divisions over Trump's methane rollback

Illustration: Rebecca Zisser/Axios

EPA's decision to cut regulation of methane is laying bare an oil-and-gas industry divide and setting the stage for political battles this fall and beyond.

Why it matters: Methane is an extremely powerful greenhouse gas and the industry is a key emissions source.

Kushner says Trump didn't promote false Kamala Harris birtherism theory

White House senior adviser Jared Kushner told "CBS This Morning" on Friday that he does not believe President Trump promoted a baseless claim that Sen. Kamala Harris is ineligible to be vice president.

Driving the news: During a press briefing on Thursday, Trump did not question the veracity of a Newsweek op-ed that inaccurately claimed Harris may be ineligible for the office due to her parents' naturalization status at the time of her birth. Harris is an American citizen and was born in Oakland, Calif.