Corporate CEOs Bullish on Revenue Growth Under Trump
| This article originally appeared on the International 4g-lte Business Times. Though polls show a majority of Americans disapprove of the way President Donald Trump is handling his job, one group of elites seems enthusiastic about the new White House occupant: CEOs of companies with big business before Trump’s administration. In corporate earnings calls since the election, top executives from the fossil fuel, defense contracting, border security and pharmaceutical industries have said they are looking forward to potentially lower corporate taxes, less regulation and—in some cases—more government largess distribution power line monitoring e. The leader of oil colossus Chevron, for instance, praised Trump in an earnings call just a few weeks after the firm poured $500,000 into Trump’s inaugural committee. The CEO of the company—which spends millions lobbying the federal government on issues like environmental rules and climate policy—specifically lauded Trump’s promise to slash government regulations in an earnings call only days after scientists said 2016 was the hottest year in recorded history. |