Business Leaders Respond to Starbucks CEO's Pledge to Boycott Campaign Contributions

It's far from a stampede of support yet, but a few business leaders are getting behind Starbucks CEO Howard Schultz's pledge to stop all campaign contributions to incumbents until they create a long-term debt deal. "Right now our economy is frozen in a cycle of fear and uncertainty. Companies are afraid to hire. Consumers are afraid to spend. Banks are afraid to lend," Schultz wrote in a letter dated August 15 to officially launch his campaign, as first reported by the New York Times. "The...Full Story
Commenting on this article is closed.