Tornado Alley (PROG)

[blackhawks]

An enlightened move? Or are the CEO's hearing the footsteps of a likely Dem win in '20, and this is their way of saying 'don't hurt us, don't jack the corp. tax rate up too high, we're trying to do better.'?

https://fivethirtyeight.com/features/significant-digits-for-tuesday-aug-20-2019/

181 CEOs

Nearly 200 CEOs belonging to the Business Roundtable — including the chiefs of J.P. Morgan Chase, Bank of America, Apple, Amazon, Boeing and GM — signed a statement Monday concerning “the purpose of a corporation.” The statement appears to shift away from the ultimate notion that shareholder value is the main objective. Rather, it says, that the companies commit to delivering value to customers, investing in employees, dealing fairly with suppliers and supporting communities in which they work. We shall see. [CNBC]