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A number of companies say it disenfranchises some voters. Some, such as Delta Air Lines and Coca-Cola, are based in Georgia, where state lawmakers have the power to raise state taxes. Delta chief executive Ed Bastian said in a public memo that his decision to speak out was informed by discussions with leaders and employees in the Black community. The companies criticising the law so far represent a sliver of the US business landscape. Yet they are part of a growing group of companies shedding their reluctance to speak out on politically controversial social issues that matter to many of their employees and customers globally, business leaders interviewed by ....
6 Min Read BOSTON/NEW YORK (Reuters) - A push to attract young and diverse talent and global consumers is behind some of corporate America’s willingness to speak out on politically charged issues like Georgia’s new voting law, executives and corporate governance experts said. FILE PHOTO: Protesters gather outside of the Georgia State Capitol to protest HB 531, which would place tougher restrictions on voting in Georgia, in Atlanta, Georgia, U.S. March 4, 2021. REUTERS/Dustin Chambers/File Photo Georgia’s decision last month to strengthen identification requirements for absentee ballots and make it a misdemeanor to offer food and water to voters waiting in line, among other changes, drew condemnation from many U.S. companies this week, including Microsoft Corp and Citigroup. ....
The National Football league (NFL) is close to a media rights deal with Amazon.com Inc's Prime Video service, which would allow the streaming platform to carry many games exclusively, the Wall Street Journal reported on Wednesday. ....
4 Min Read MANCHESTER, England (Reuters) - Blockchain sports venture Chiliz, which is heavily involved in European soccer, will invest $50 million in an expansion to the United States, chief executive Alexandre Dreyfus has told Reuters. The company based in Malta offers tokens to fans which allow them to vote in a series of polls and receive special promotions and rewards, creating what it calls a “new digital revenue stream” for sports organisations through engagement with global fan bases. The fan tokens are listed on Binance, one of the world’s biggest cryptocurrency exchanges, and last week Serie A club AC Milan became the latest team to launch their token, generating $6 million of revenue in the first day. ....