More than 90 company executives endorse Harris for US president, per Reuters

WASHINGTON (Reuters) – More than 90 company executives, including the chief executives of Yapping (NYSE: ) and Chobani, as well as the former CEOs of PepsiCo (NASDAQ: ), Ford Motor (NYSE: ) Co and Yahoo!, endorsed US Vice President Kamala Harris in a letter published Friday.

The group, which includes top sports and investment executives, said they are confident the Democrat, who faces former Republican President Donald Trump in the Nov. 5 presidential election, will continue to support the economy and preserve American democracy.

“Harris has a strong track record of advancing actions to stimulate business investment in the United States and to ensure that American businesses can compete and win in the global marketplace,” they wrote in the letter, first reported by CNBC.

“She will continue to advance fair and predictable policies that support the rule of law, stability and a sound business environment, and will strive to give every American the opportunity to pursue the American Dream,” the group added.

Those supporting the vice president included billionaire Mark Cuban, former 21st Century Fox CEO James Murdoch and Earvin “Magic” Johnson, according to the letter provided by the Harris campaign.

Laurene Powell Jobs, head of Emerson (NYSE: ) and widow of former Apple (NASDAQ: ) CEO Steve Jobs, also endorsed Harris, as did former CEOs of Merck, Aetna, GoDaddy (NYSE: ), Blackstone (NYSE: ). ) and Starbucks (NASDAQ: ), among others.

Harris faces a tight race against Trump in a critical election as the economy weighs heavily on some voters, as does the future of US democratic systems. Both candidates are laying out their vision for jobs and economic growth ahead of the November contest, even as some US states are about to begin early voting.

The vice president’s economic plan would cut taxes for most Americans, combat food “price gouging,” strengthen housing and offer new child tax credits. She would also seek to raise the corporate tax rate to 28% from 21%. Key labor groups also supported it.

Trump, in a statement this week to the Economic Club of New York, said he would lower the corporate tax rate to 15 percent and hire billionaire Elon Musk to audit the US government. He also said he would open up US national lands to allow large-scale housing construction and said he would declare a national emergency to eliminate regulations on energy projects.

Goldman Sachs, in a note this week, said economic output could be hit next year if Trump wins, mainly due to higher import tariffs and stricter immigration policies.

Under Harris’ presidency, the United States is likely to see stronger job growth and a “very slight boost to investment and GDP growth,” his analysts said.