Trump or Harris? Why Many CEOs Are Sitting on the Fence

WSJ What’s News

The Wall Street Journal

Daily News, News

4.1 • 4.2K Ratings

🗓️ 13 August 2024

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

P.M. Edition for Aug. 13. As the 2024 presidential election draws closer some business leaders are apprehensive about former President Donald Trump but say Vice President Kamala Harris isn’t necessarily a better alternative. WSJ financial reporter Miriam Gottfried has more. And Starbucks serves up a new CEO. The company’s pick: the top boss at Chipotle Mexican Grill. Plus, the U.S. lifts its restrictions on weapons sales to Saudi Arabia. National security correspondent Nancy A. Youssef explains. Francesca Fontana hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Three two one.
0:02.0	one.
0:04.0	What will the world look like 10 or 20 years from now?
0:07.0	The Wall Street Journal's future of everything podcast is here to give you a peek.
0:11.0	And we can't wait to show you what's coming.
0:13.2	Subscribe now.
0:14.4	Starbucks is serving up a change in leadership.
0:22.0	Tapping the head boss at Chipotle Mexican Grill as its next chief executive.
0:26.8	And who's better for business? Trump or Harris? As the 2024 presidential election draws closer, some financial leaders are still on the fence.
0:36.7	The Democratic Party is unlikely to become as pro-business as the old Republican Party was.
0:43.2	So they're kind of stuck in the middle
0:45.1	in a few different ways.
0:47.2	Plus, the US is lifting its ban on weapon sales
0:50.6	to Saudi Arabia.
0:52.2	It's Tuesday, August 13th.
0:54.3	I'm Francesca Fontana for the Wall Street Journal.
0:56.9	This is the PM edition of What's News,
0:59.4	the top headlines and business stories that move the world today.
1:04.0	Starbucks today said that current Chipotle Mexican Girl Chief
1:08.0	Brian Nickle will take over as CEO and Executive Chairman.
1:12.0	It's an abrupt management change as Starbucks tries to turn around its business and contend with
1:17.1	activist investors.
	...

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