Corporate accountability

CEOs' allergy to geopolitics

Illustration of an open briefcase with a globe inside.
Illustration: Sarah Grillo/Axios

If CEOs are the new politicians, many of them don't seem to have thought carefully about foreign policy — particularly about working with autocratic regimes.

Why it matters: Corporate America continues to do business with the Saudi crown prince, Mohammad bin Salman, who allegedly oversaw the beheading of journalist Jamal Khashoggi, and to court business in places like China and Turkey.

Netflix CEO defends pulling episode of show critical of Saudi Arabia

Reed Hastings
Reed Hastings. Photo: Neilson Barnard/Getty Images for New York Times

Netflix CEO Reed Hastings gave a full-throated defense of the company’s decision to remove an episode of the show "Patriot Act With Hasan Minhaj" from its platform in Saudi Arabia after a complaint from the Saudi government about Minhaj's criticisms of Crown Prince Mohammed bin Salman.

Quote"We're not in the news business. We're not trying to do 'truth to power.' We're trying to entertain."
— Hastings at the New York Times Dealbook conference