Here's how business leaders are reacting to Trump's win
CBSN
Former President Donald Trump, now reelected to a second term, has vowed to enact business-friendly policies, including sharp corporate tax cuts, higher tariffs and swift deregulation.
He says he'll cut the corporate tax rate by 6%, from its current 21%, to 15%, leading to greater profitability for companies. Such a substantial cut would mark the sixth-biggest tax cut since 1940, according to a Tax Foundation analysis.
Trump's deregulatory agenda helped him gain support from some of the nation's most prominent business leaders. A number of nonprofits, particularly those supporting women's rights and other liberties that a Trump presidency threatens to take away, have also spoken out since his victory. Here's how CEOs, nonprofit leaders and business groups are reacting to Trump winning the election.
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On this "Face the Nation with Margaret Brennan" broadcast, moderated by Ed O'Keefe:
Devin Harjes, the actor who appeared in the TV shows "Boardwalk Empire" and "Manifest," has died due to complications from a battle with cancer, his representative confirmed to CBS News on Sunday. He was 41.
Bill Clinton on opposing President Trump's agenda: "We cannot throw the legacy of this country away"
President Bill Clinton criticized President Trump's actions attacking the rule of law, and predicted that the president would pay a price among those who believe his actions are un-American.
What is worthless, but priceless? Overlooked, but treasured? Ubiquitous, but ephemeral?
In the beginning, Donald Trump and Elon Musk got along great. "He is a truly incredible guy," Trump said at a campaign rally last October, "and I don't say that that often."
The 2025 Atlantic hurricane season, which begins on Sunday, is likely to have an above-normal number of storms, according to the National Oceanic and Atmospheric Administration.
Dana Chandler has spent decades maintaining her innocence against allegations she was responsible for the 2002 murders of her ex-husband, Mike Sisco, and his girlfriend, Karen Harkness. HAROLD WORSWICK (to 911): I just located my daughter and she's downstairs and she's dead … JULY 28: … Dana stalking neighborhood at 8:30, caught her she left. ... DET. RICHARD VOLLE (phone call to Chandler): Your husband was found shot to death today, this afternoon. Your ex-husband, I'm sorry … Can you tell me when the last time was that you talked to him? DANA CHANDLER (phone call to police): Hi, my name is Dana Chandler and I got a very disturbing phone call last night. Someone had said that my ex-husband had been killed, and I'm just calling to — to see if that's true or not … DET. RICHARD VOLLE ( interview audio 2002): Tell me about what happened on the 6th. HAILEY SEEL (recorded phone call): … I think that the only way I can really move on with a relationship with you is if we can get it, you know, if you can just tell me yourself that you did it. … HAILEY SEEL (recorded phone call): Why did it have no calls and was at home the whole time? You knew it could be traced. DANA CHANDLER (recorded conversation): I said I could kill him. You ever think about killing him? HAROLD DOW | "48 Hours" correspondent: Did you know anything about the death of Michael and Karen? HAILEY SEEL (recording to Dana Chandler): Nobody can say that they — that you were in Colorado that weekend? DANA CHANDLER (recording): …. you ever think about killing him? DANA CHANDLER (recording, played in court): … She asked me for money and we don't give people money at AA. I said, "I'll go buy you some gas …"
Los Angeles — For years, Phil Mangano made a good living as a film and television editor in Los Angeles.
Roughly 17,000 residents in the Canadian province of Manitoba have been evacuated because of nearly two dozen active wildfires, officials said Saturday.
The White House is pulling the nomination for billionaire entrepreneur Jared Isaacman, President Trump's pick to lead NASA, just days before a Senate confirmation vote was set to take place, CBS News confirmed on Saturday.
The U.S. approved a new COVID-19 vaccine made by Moderna late Friday but with limits on who can use it — not a replacement for the company's existing shot, but a second option.