Premarket stocks: CEOs are tired of being held responsible for gun regulation
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN — Americans have grown used to corporate executives treading the well-worn paths of the Northeast corridor to convene alongside elected officials in Washington, DC, and discuss geopolitics, policy and all that’s in-between. In 2017, major CEOs from across the country came together to oppose North Carolina’s transgender bathroom law. In 2019, they called abortion bans “bad for business.” After the deadly attack on the US Capitol on January 6, 2021, many of corporate America’s biggest names denounced the rioters and pledged to halt their political giving. Recently, more than 1,000 companies promised to voluntarily curtail their operations in Russia in protest of Moscow’s war on Ukraine. Dick’s Sporting Goods stopped selling semi-automatic, assault-style rifles at stores and Citigroup put new restrictions on gun sales by business customers after the mass shooting at a high school …
