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After CEO defections, Trump ends White House business forums

Joe Mont | August 16, 2017

Angered by departing CEOs who balked at his recent statements about violence in Charlottesville, President Trump is ending two councils focused on the economy and American firms. 

At the onset of his presidency, risk analysts fretted about the negative effect on companies that found themselves singled out for negativity in a tweet by Donald Trump. Now, it seems that being on the firing line for online ire, might actually benefit targeted companies. At the very least, with concerns about corporate diversity and reputational risk running high, there are worse battles to fight than against a President with plummeting poll numbers.

Over the weekend in Charlotte, there were violent clashes between neo-nazis and their protestors. Tensions culminated with one of the protestors being intentionally rammed by a car and killed.

Trump’s critics railed against the President’s lack of condemnation about the murder and, in general, Nazis, the KKK, and the alt-right. A follow-...

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