'Tantrum congestion': Companies no longer fear Trump’s Twitter wrath

  • 📰 smh
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 80%

Business News News

Business Business Latest News,Business Business Headlines

Two years ago, powerful CEOs sought to accommodate the US president, fearful he could sink their stocks with a single tweet. Their new strategy: Ignore him.

, who is angry about the company's closing of a plant in Lordstown, Ohio. The president told the company to reopen the plant or sell it "fast" to someone who would. He suggested that GM shutter a factory in China or Mexico instead.

A"Make America Great Again" hat from Trump's election campaign: Early on, Trump's ability to direct outrage at companies appeared to work. That's no longer the case.But increasingly, "companies are balancing political pressure against their own return requirements," said Philippe Houchois, an automobile sector analyst at Jefferies. "I don't think they are being swayed.

At the start of the Trump administration, big companies hired firms like Grabowski's to develop response strategies in the event they were targeted by Trump. Those outbursts on Twitter were interspersed with attacks on political opponents, the Russia investigation and Senator John McCain, who died last year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Someone smarter than him should find a way to block his tweets. God save the Twitter universe after that.

Never be afraid of bullies.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Murdoch family launches a new Fox; former House Speaker Paul Ryan joins company's boardRupert Murdoch's 21st Century Fox has spun off various television assets to form a new company that will be known simply as Fox Corp Fox on the run? No $$ in flicks just tv 📺 Good boys get rewarded for their commitment.
Source: smh - 🏆 6. / 80 Read more »

Major telecommunications companies block slew of websitesAustralia's major telecommunications companies have banned the website used by the shooter to promote the Christchurch massacure. Censorship is never a good idea! Zerohedge is not a 'blog'. It's a news service. Good.
Source: 9NewsAUS - 🏆 10. / 72 Read more »

Online food delivery company Five Point Four goes into administrationCustomers of popular food delivery company Five Point Four have been told they’ll need to get their food elsewhere as the company goes into administration. More shysters running off with the dough ( perhaps literally)?; or an unsustainable business model involving the murky world of creepy, unregulated social media influencers.
Source: 9NewsAUS - 🏆 10. / 72 Read more »