The Trump White House has created an internal “OB3” scorecard to rank 553 companies and trade associations based on their support for the president’s “One Big Beautiful Bill.” The scorecard assigns ratings of strong, moderate, or low based on public and private actions, including social media engagement and attendance at White House events. Companies such as Uber, DoorDash, and United Airlines have received high marks for their enthusiastic backing. This internal document, which is currently circulating among senior staff, will expand to include support for other administration priorities, and companies can still improve their ranking through increased public advocacy.
Read More
The swift about-face by numerous CEOs, from initially abandoning Donald Trump following the January 6th, 2021 Capitol riot to now actively courting his favor as he prepares for a potential return to the White House, speaks volumes about the priorities of corporate America. It’s a stark reminder that loyalty in the business world often hinges less on principles and more on perceived self-interest.
This recent flurry of activity, characterized by public displays of support and expensive fundraising efforts, is driven by a simple calculation: securing a future operating environment conducive to profit maximization. The perceived threat of a Trump administration enacting policies unfavorable to certain industries likely motivates this rush to gain his favor.… Continue reading
I can’t help but feel a deep sense of empathy for the individuals who were misled and coerced by Disney into relocating to Florida, only for the planned campus to be canceled soon after. The stories of employees selling their homes, uprooting their families, and moving across the country based on the promises made by the company are heartbreaking. It’s a stark reminder of the harsh realities of corporate loyalty and the extent to which some companies will go to achieve their goals, regardless of the impact on their employees.
The idea that employees were asked to move even before the construction of the new campus had begun is mind-boggling.… Continue reading