MSFT - More companies suspend political funding after storming of U.S. Capitol
Following in the footsteps of Marriott (MAR), JPMorgan Chase (JPM) and Citigroup (C), a growing number of big businesses have decided to suspend or review their campaign donations in the wake of last week's riot at the U.S. Capitol. The storming led to five deaths, including one police officer, prompting many C-suite executives to take action. There is widespread anger in the business community at what they see as a challenge against any disruption in the "peaceful transition of power," or the democratic stability on which business depends.Pausing all political spending: American Airlines (AAL), Archer Daniels Midland (ADM), BlackRock (BLK), Boston Scientific (BSX), BP (BP), Charles Shwab (SCHW), ConocoPhillips (COP), Facebook (FB), Google ([[GOOG]], [[GOOGL]]), Kroger (KR), Marathon Oil (MRO), Microsoft (MSFT), Union Pacific (UNP), U.S. Bancorp (USB) and UPS (UPS).Suspending donations to Republicans who objected to electoral votes: Airbnb (ABNB), Amazon (AMZN), American Express (AXP), AT&T (T), Comcast (CMCSA),
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More companies suspend political funding after storming of U.S. Capitol