. >>> when the georgia governor brian kemp signed his state's new voting reform bill into law, companies in atlanta and beyond started, well, kind of going, uh, uh, now, wait until you see what's happened with big companies in the peach state >>> and later, when the pandemic overtook us, home buying tanked, but while sales may have bounce back, a historic shift in supply is shaking the entire industry. is shaking the entire industry. >>> the fa, ♪♪ (car horn) ♪♪ turn today's dreams into tomorrow's trips... with millions of flexible booking options. all in one place. expedia. black business leaders in america are taking a stand today against the state of georgia's controversial new voter law. they're calling on all of corporate america to publicly and directly oppose new laws that would restrict the rights of black voters. the two men behind the effort, ken frazier of -- the ceo of merck and ken chinault the former head of american express weighing in this morning right here on cnbc >> americans must vote, black americans must vote, and when it comes to protecting the rights of al

republican governor brian kemp calling the decision an attack on his state, saying the league caved to fear, political opportunism and liberal lies he said it's part of cancel culture. he adds, georgia will not be bullied. a reminder, this law gives voters less time to request absentee ballots, it adds new strict i.d. requirements, it limits ballot box dropboxes and it makes it illegal to offer food or water to people voting in line. kevin blackstone now, "the washington post" sports columnist, professional journalism at the university of maryland kevin, thank you major league baseball making a big statement here were you surprised they took it? >> no, i wasn't surprise shep, if we just look at recent history, we can look at your state, your university ole miss, which last january they were told by the ncaa and other states like them that they would no longer be able to host ncaa events as long as the confederate banner was flying. by september, after 126 years in mississippi, that banner came down and now mississippi is back in the fold to host the ncaa events and baseball can look to

today georgia's republican governor brian kemp told fox news it's ridiculous that president biden is in his word focused on pulling the game out of georgia a reminder, the new law adds i.d. requirements to absentee voting, limits ballot drop boxes and makes it illegal to offer food or water to voters in line. nbc's blayne alexander on that part of the story. >> what we saw today from a group of religious leaders is essentially a countdown to a boycott. they're targeting three very large georgia-based companies. they're looking at coca-cola, delta airlines and the home depot, and essentially they're giving them until next week to fulfill a very specific list of demands. here's what they want to see from these businesses. one, they want to see them publicly oppose georgia's newly minted voting law, and they also want to see them -- the other thing is they want to see them oppose similar legislation that's making its way through other states right now that critics say would restrict the right to vote in those states as well, and they also want to see those businesses put a lot of vocal

kemp. >>> johnson & johnson is scaling back shipments of the single dose vaccine to 80% as it works through supply linked to the troubled baltimore plant they allocated 700,000 shots from j&j that is down 5 million from the week prior >>> jay powell speaking out about the archegos stock scandal. talking to "60 minutes." powell says that does not raise the questions of the stability of the financial system or the institutions involved in the way that led to the 2008 financial crisis powell adding his team is looking into the situation >> it was a risk management breakdown. one that we're looking very carefully at to try to make sure it doesn't happen again. >> reporter: brian, "60 minutes" on late last night because of the masters. an amazing nail biter finish so worried for matsuyama >> he pulled through as well we will get more on that in a bit and the fed chair commenting on the markets bertha, thank you. see you in a bit >>> when we come back, we're going to party like it's 1995. some big new stats market bulls all you out there will love this. >>> and our market stats infrastruc

. >>> georgia governor brian kemp responding to the corporate backlash of the controversy voting legislation he signed into law one that hurts voters of color speaking on closing bell yesterday, kemp says the law takes nothing away from residents and he is ready for debate >> folks like mr. frazier and mr. chenault, they don't live here and don't know the laws in georgia. our laws are not as restrictive as their states where they reside perhaps they should focus in other places if they want to have a debate about the merits and facts of the bill, we should do that. i haven't seen any point that they are making now that would cause me any reservation that we're taking away something here >> reporter: kemp referring to ken chenault and 72 black leaders and executives, including merck's ken frazier and robert smith two of the georgia large employers speaking out against the bill delta says it does not match the company values coke adds it opposes the measures as it seeks to diminish voter access a >>> and frontier airlines is expected to ipo at $19 shares sold at $19 given it a valuation of $4

representative park canon was arrested after knocking on the door of governor brian kemp shortly after he signed the bill into law >>> los angeles county sheriffs say tiger woods was driving more than 180 miles an hour when he went off the road and that excessive speed was the primary cause of accident. officials say they found no evidence woods was driving impaired new details on the accident tonight on the news with shepherd smith >>> prosecutors in new york are asking a court to throw out 90 drug convictions over a police corruption case. an officer involve in the case has been accused of perjury. >>> the retailer says it will close fur sales over the next two years. >> coming up iphones are getting even more popular with teens and from the nfl to the nft, all pifis nd much more in today' rad re ♪ ♪ ♪ ♪ ♪ ♪ hey google, turn up the heat. ♪ ♪ ♪ cal: our confident forever plan is possible with a cfp® professional. a cfp® professional can help you build a complete financial plan. visit letsmakeaplan.org to find your cfp® professional. ♪♪ >>> let's catch you up o

kemp, slammed the mlb decision to move the game, calling it an attack on his state. the all-star game set for july 13th >>> the first woman to sue the nfl quarterback deshaun watson alleging sexual misconduct is speaking publicly now and for the first time ashley solis is a massage therapist. she said deshaun watson touched her inappropriately last year during a session at her home since the alleged incident, solis says she's suffered panic attacks, anxiety, and depression 22 women are suing deshaun watson for similar allegations solis is the first to go public. >> i know a lot of you were wondering who i was or if i even existed. i was afraid i'm not afraid anymore, and i do exist. >> deshaun watson denied all of the allegations against him. his lawyer says the lawsuits were brought after the quarterback refused what he called baseless settlement demands. the attorney representing the woman says that two of them have spoken to police in a letter sent yesterday to season ticket holders, the owners of the houston texans pledged to cooperate fully with the police and t

kemp was the republican secretary of state, back then. in charge of the election. he beat the democrat, stacey abrams, to become governor by the slimmest margin in nearly-half-a-century. abrams cried foul, saying kemp had removed georgians from the rolls at the time. the election decided by fewer than 55,000 votes. >> under the watch of the now-former secretary of state, democracy failed georgia georgians of every-political party, every race, every region, again. >> two years later, the 2020 election states across the country began amending their voting laws expanding access to mail-in ballots because of the pandemic but georgia didn't have to even before covid, every georgian could request an absentee ballot, with no excuse. georgia did, however, set up drop boxes for absentee ballots for the first time in state history. more people could vote, more easily days after votes were cast, president trump refused to concede defeat he claimed, rigged election, which it wasn't. and honed in on georgia, accusing the republican governor and the st

. >>> the georgia governor, brian kemp, accusing major league baseball of caving to fears and lies from liberal activists after the organization pulled its all-star game out of the state of georgia because of that new law that restricts voting rights now texas is coming to georgia's defense, while facing criticism of its own for its own voting proposals. the texas governor, greg abbott, announcing today he would boycott mlb events in solidarity with georgia and he refused to throw out the ceremonial first pitch at the rangers game today. across the country, corporations have been under pressure to take sides in this voting rights battle so who's speaking up, and will the protests result in any real action here's cnbc's scott cohn. >> reporter: georgia's new election bill is signs into law but that's just the start. legislatures in 47 states are considering voting bills that the nonpartisan brennan center for justice deems restrictive. 49 bills in texas alone where some of that state's big's companies are joining the business backlash that begin with major league baseball in georgia. fro

in georgia, governor brian kemp insists he is expanding access of course, there is a lot of debate about that. so that's why from a competitiveness standpoint we look at this every year with top states for business. it's really a thorny issue and really difficult to try and see how this is going to play out because it's happening in so many places. >> scott cohn, thank you very much we will continue to follow it. >>> up next, a big threat to business apple coming under fire from the likes of facebook. but now apple's ceo tim cook is responding what he had the say after the break. "closing bell" will be right back retirement income is complicated. as your broker, i've solved it. that's great, carl. but we need something better. that's easily adjustable has no penalties or advisory fee. and we can monitor to see that we're on track. like schwab intelligent income. schwab! introducing schwab intelligent income. a simple, modern way to pay yourself from your portfolio. oh, that's cool... i mean, we don't have that. schwab. a modern approach to wealth management. we love our new home. there's

kemp, criticized the decision of major league baseball. >> georgia ns and all americans knows what this means. cancel culture is coming for your business. they are coming for your game or event in your hometown they are coming to cancel everything from sports to how you make a living. they will stop at nothing to silence all of us. >> the mlb is expected to announce a new site for the all-star game in coming days we will have a conversation about this with tom cotton senator tom cotton he tweeted at us right after ed bastian and several other leaders in georgia spoke out against the law saying let's go have the debate on "squawk." we will see him at the 8:00 hour a contentious issue a lot of business leaders grappling with it. business and politics mix sdplchmix. >> a key interview to watch. no-win situation for the companies wading into the political debate at this point right or wrong we will continue to talk about it >>> that's is out with new delivery numbers dan ives will join us after this break. shares of tesla up 7% in pre-market >>> and later, senator tom cotton is here to talk

. >> and georgia governor brian kemp disagreeing saying his state's new voting laws not restrictive. >> folks like mr. frazier and mr. chenault who i have good respect for. they don't live here don't know the laws in georgia. and quite honestly our laws are not as restrictive as the states where any reside perhaps they should focus in other places >> joining us right now to discuss all of this and the role of corporate america on this issue is operation hope ceo john hope bryant, also has the result of an inaugural survey and small business we'll talk about and survey monkey ceo zander lurii i'm going to you, john, first because you are in the state of georgia. you lift lived in atlanta for quite some time. speak to this as somebody who is a georgian >> yeah, good morning, so the governor with great respect, i do respect him -- on this point he is wrong. i do live in georgia and i live in atlanta. and the moral capital of america. and the tenth largest economy in the u.s. and the 31st largest economy in the world. atlanta, georgia built by black and brown folks working together and p