After facing pressure and backlash from voting rights groups, a number of major businesses are condemning the recent voting reform bill passed in Georgia. This CNBC report features a series of statements from corporate leaders criticizing the bill, including Delta, Coca-Cola, Porsche, UPS, and Home Depot, each of which are based in Georgia. In response to this criticism, Georgia Governor Brian Kemp argued that these companies are ignoring the actual content of the law, pointing to the provisions which expand access to the ballot
Senate Majority Leader Chuck Schumer (D-NY) has made it clear that Senate Democrats will take “appropriate action” if Senate Republicans choose to block their signature voting rights bill, the For the People Act. Specifically, this may involve changing the rules around the filibuster, which requires 60 votes in order to advance most legislation. The House of Representatives passed the For the People Act on March 3, and the Senate Rules Committee is set to begin consideration of the bill on March 24. The For
Voting rights activists in Georgia have put pressure on some of the state’s largest corporations—including Coca-Cola, Delta Airlines, Home Depot, and UPS—to condemn recently passed bills which restrict access to the ballot box and stop donating to Republican lawmakers who support them. These efforts have produced mixed results thus far, with corporations issuing general statements in support of fair and secure elections, without specifically criticizing Republican-passed election bills. Visit CNBC to learn more. Voter Education Week Young adults will be the nation’s largest voting bloc in the
Stock prices for Uber and Lyft both jumped over 12% upon the news that California voters appeared to approve a ballot question concerning the status of drivers for the ridesharing companies. The ballot question, Proposition 22, classifies drivers for Uber and Lyft as independent contractors, rather than employees. This classification disqualifies drivers from receiving certain benefits, thereby saving Uber and Lyft on labor costs.Visit CNBC to learn more.
As of October 13, 10.6 million Americans have cast their ballots for the general election. By mid-October 2016, that number was only 1.4 million. Democrats have dominated early voting thus far, but that does not indicate whether Joe Biden or Donald Trump will ultimately win.Visit CNBC to learn more.