The daily business briefing: April 12, 2021

Corporate leaders discuss ways to fight voting bills, Powell says the U.S. economy is at an "inflection point," and more

Jerome Powell
(Image credit: Pool)

1. Corporate leaders hold call to discuss fighting voting bills

More than 100 corporate leaders met online over the weekend to discuss ways to fight controversial voter-restriction bills under consideration in numerous states, including Georgia Republicans' recently signed law, The Washington Post reported on Sunday, citing four people who participated in the call. One of the proposals discussed by the executives from major airlines, retailers, and manufacturers — along with at least one NFL owner — was suspending donations to politicians who support the bills. Some of the participants also proposed holding off on new investments in states that adopt new voting restrictions. Former President Donald Trump recently called for boycotts of Coca-Cola, Major League Baseball, Delta Air Lines, and other companies that condemned the Georgia law, which critics say will make it harder for people of color to vote.

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