ByKevin Sheekey

LIVE EDITION

CEOs are America’s New Politicians

Axios reports:  The Business Roundtable today made a small, symbolic but significant move: 181 of the nation’s top CEOs agreed that driving shareholder value is no longer their sole business objective. They expanded their mission beyond mere wealth creation to include everything from taking care of employees to helping their communities.

Reasons include: Millennial employees demand their employers stand for something beyond profit, and it is getting harder to recruit and retain talent, especially tech talent, if profit is the only objective.

2020 Watch: The Most Influential Democratic Donors – Whose Money are 2020 Hopefuls Going For?

Michael Bloomberg tops the list: He ‘wanted to run for president, settled for being the party’s most influential outside force instead.’



Best of Late Night

“We’re halfway through August, and people don’t know how to handle this weird time between summer and fall. Today I saw someone drinking a pumpkin-spiced rosé.”
— Jimmy Fallon

“In business news, Coca-Cola just announced that they are releasing two new flavors: ‘Coca-Cola Cinnamon’, and ‘Winter Spiced Cranberry Sprite’. The company says they will be available while supplies last, and based on those flavors, that’ll be forever.”
— Jimmy Fallon

Best of Satire: Denmark Offers to Buy the U.S. (The New Yorker’s Borowitz Report)


About the Sheekey Daily Read

I’m always searching for the stories that shine a light on – and offer solutions to – some of the most pressing issues of our time. I started my daily email to capture and share the stories I think are important. Subscribe below to get the Sheekey Daily Read.
– Kevin Sheekey


By submitting my information, I agree to the privacy policy and to learn more about products and services from Bloomberg.
Sending...
Want the Sheekey Daily Read by email?
I’m always searching for the stories that shine a light on – and offer solutions to – some of the most important issues of our time. I started my daily email to capture and share the stories I think are important. I invite you to join me to stay informed.
– Kevin Sheekey
By submitting my information, I agree to the privacy policy and to learn more about products and services from Bloomberg.
Sending...