September 17, 2020

Reuters: Senator Warren blasts U.S. CEOs for 'empty' social promises

WASHINGTON, Sept 17 (Reuters) - U.S. Senator Elizabeth Warren on Thursday blasted U.S. business leaders, including JPMorgan Chase & Co’s Jamie Dimon and Walmart’s Doug McMillon, for falling short on a “splashy” promise to look beyond profits when running their businesses.

Writing to the CEOs in their capacity as former and current chairs respectively of the Business Roundtable, Warren, a Democrat, said the country’s top business group had been lobbying for “narrow, short-term interests” rather than the broad group of stakeholders it promised to serve last year.


Read the full article on Reuters website here.  

By:  Pete Schroeder
Source: Reuters