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The Business Fallout from Charlottesville
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The Business Fallout from Charlottesville

Knowledge at Wharton·@HashtagPLUS·about 1 month ago
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President Donald Trump campaigned on the promise that he would “make America great again” by becoming the first CEO in the White House, someone who could leverage his business acumen to bolster the economy and create jobs. But his effort to get buy-in from titans of industry seems to be falling apart. A number of top executives resigned from Trump’s two business advisory groups following his failure to unequivocally condemn racially motivated violence in Charlottesville, Virginia. The wave of revolt was led by Merck CEO Kenneth Frazier and followed quickly by the heads of Under Armour, 3M, Campbell Soup, Intel and others. After saying he would replace the executives, Trump announced on social media Wednesday that he would instead disband the two councils. This very public rift between Trump and his peers has pundits analyzing what it means for the president’s future and his brand.…

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