The ascension of Walmart CEO Doug McMillon to the chairmanship of the Business Roundtable comes at an especially interesting time both for the corporate lobbying group and for the world’s largest retailer.
The declaration, signed by 181 CEOs of major U.S. companies, is “insufficient” “pablum” and redolent of “cheap” talk.
The reputation of business trust is below that of Congress, so the Business Roundtable decided what’s needed is a charm offensive. More than likely, it will backfire.
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