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Bharti Enterprises' founder and chairman<a href="http://www.businessinsider.in/Sunil-Bharti-Mittal-receives-Harvards-2016-alumni-achievement-award-the-highest-honour-of-the-B-school/articleshow/52461638.cms"> Sunil Bharti Mittal </a>is the new chairman of the International Chamber of Commerce (ICC). <keyword id="354303" type="PERSON" weightage="100" keywordseo="Terry-McGraw">Terry McGraw</keyword>, Chairman Emeritus of S&amp;P Global, who served as the chairman until now, will now be serving as the honorary chairman, while John Denton, Partner and CEO of Corrs Chambers Westgarth, will take over from Mittal as the organisation's first vice-chair. 
 
 
ICC, world's largest business organisation, has over 6.5 million members in over 130 countries and Mittal has been selected as its 51st chairman, being only the third Indian to hold the position. 
 
Mittal has earlier been a part of the Prime Minister of India's Council on Trade and Industry. 
 
Also read: <a href="http://www.businessinsider.in/Apple-CEO-Tim-Cook-meets-Sunil-Mittal/articleshow/52365333.cms">Apple CEO Tim Cook meets Sunil Mittal</a> 
 
"At a time when the global economy is facing unprecedented challenges, I am committed to ensuring ICC plays a central role as the voice of business in shaping policies to support inclusive growth," Mittal told <a href="http://economictimes.indiatimes.com/news/economy/foreign-trade/bharti-enterprises-sunil-mittal-named-icc-chairman/articleshow/52773816.cms">ET</a>. 
 
He also stressed on the need to restore trade and investment as a driver of growth and jobs, especially in developing economies that were affected by the slowdown in raw materials and agricultural commodities markets. "This will be a central focus for my tenure as Chairman of the world business organization," he added. 
 
Also read: <a href="http://www.businessinsider.in/Leadership-lessons-from-Bharti-Group-CEO-Sunil-Bharti-Mittal/articleshow/51681498.cms">Leadership lessons from Bharti Enterprises Founder-Chairman Sunil Bharti Mittal</a> 
 
Bharti Enterprises, which holds interests in several sectors like insurance, real estate, hospitality, agri and food, also owns <a href="http://www.businessinsider.in/Let-Reliance-Jio-come-we-are-prepared-to-face-the-onslaught-says-Bharti-Airtels-Sunil-Mittal/articleshow/50087925.cms">Bharti Airtel</a>, world's third largest telecommunications company that has over 350 million customers across India, South Asia and Africa. 
 
<a href="http://www.gqindia.com/wp-content/uploads/2016/03/Sunil-Bharti-Mittal.jpg">Image source</a>

Sunil Mittal replaces Terry McGraw to become the new chairman of ICC

<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"></div></div></div>Here's a truth partisans are not supposed to admit: Whether the president is a Democrat or Republican, America usually remains more or less the same place.Policy changes matter, and therefore it matters who wins elections.But the institutions that underlie our government and our society matter more than which party steers those institutions at a given time.Because of this truth, there are more important things than which party wins a presidential election. Leaders who threaten to undermine those fundamental institutions - even if they are within your own party - are worse than normal politicians from the other party. But that's a damaging admission that party-loyal politicians really, really prefer not to have to make.The Donald Trump campaign is like an experiment - seeing whether a GOP candidate can be so manifestly threatening to the institutions that prevent American society from falling apart that he will get Republican officials to admit there are worse outcomes than electing Hillary Clinton.That breaking point hasn't arrived yet for most Republicans.Marco Rubio, for example, has called Trump an "erratic individual" and a "con artist" who "is wholly unprepared to be president of the United States" and "has no ideas of any substance on the important issues." But he says he's standing by a pledge to support Trump if he's nominated, despite all that.So this week, Trump has ratcheted up the test: Will normal Republican officials continue to insist that a candidate whose supporters have committed repeated acts of violence, and who defends by his staff when they allegedly do so, would make for a less horrifying president than Hillary Clinton?<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"></div></div></div>On Tuesday, Trump's campaign manager allegedly roughly grabbed the arm of Breitbart News reporter Michelle Fields and yanked her away from Trump as she asked a question, leaving her with bruises, according to Fields and <a href="https://www.washingtonpost.com/lifestyle/style/inside-trumps-inner-circle-his-staffers-are-willing-to-fight-for-him-literally/2016/03/10/4b2b18e8-e660-11e5-a6f3-21ccdbc5f74e_story.html">Washington Post reporter Ben Terris</a>. The Trump campaign responded with a <a href="http://www.businessinsider.com/donald-trump-corey-lewandowski-breitbart-reporter-2016-3">denial</a> and <a href="https://twitter.com/CLewandowski_/status/708020305013448704">attacks against Fields' trustworthiness</a>, even though Politico obtained an apparently <a href="http://www.politico.com/blogs/on-media/2016/03/transcript-corey-lewandowski-breitbart-reporter-attack-220589">corroborating audiotape</a>.On Wednesday, an attendee apparently <a href="http://www.insideedition.com/headlines/15177-trump-supporter-who-punched-protester-next-time-we-might-have-to-kill-him">sucker punched a young black man</a>, a protester who was being escorted out of a Trump rally. Local police proceeded to detain the man who had been punched, only arresting the alleged perpetrator after the assault got news coverage. The alleged attacker, 78-year-old John McGraw, told Inside Edition he enjoyed "socking the hell out of that big mouth" and "next time we see him, we might have to kill him."Obviously, Trump did not instruct McGraw to commit assault. But at a rally last month, <a href="http://www.politico.com/story/2016/02/donald-trump-punch-protester-219655">he did say</a> he'd like to punch a protester in the face, like you could in the "good old days" when such a protester would "be carried out on a stretcher." And at another rally last month, <a href="http://www.mediaite.com/online/trump-tells-crowd-to-knock-the-crap-out-of-protesters-offers-to-pay-legal-fees/">he encouraged attendees</a> to "knock the crap out of" any protesters who brought throwing tomatoes, saying he'd pay the legal fees of anyone who did so.Trump spokeswoman Hope Hicks released a statement saying only "we are not involved." Trump surrogate Andy Dean (a former contestant on "The Apprentice," of course) <a href="http://www.thedailybeast.com/articles/2016/03/10/donald-s-friend-defends-impressive-trump-supporter-punching-black-protester.html">told CNN on Thursday</a> the punch was "impressive" for a 78-year-old and looked like "good exercise."Trump has created a campaign culture that joyfully celebrates violence. From the attacks against protesters, to threatening to kill the families of terrorists, to insisting the military will commit war crimes if he instructs them to do so, he is explicitly rejecting the institution of rule of law that underlies American happiness and prosperity.This should be scarier than a president who won't repeal Obamacare.It is not literally impossible to conceive a Republican candidate too horrible for Republicans to endorse. In 1991, when white supremacist leader David Duke was the Republican nominee for governor of Louisiana, Republicans all the way up to President George H.W. Bush endorsed his opponent, who was not only a Democrat but widely considered to be corrupt."Vote for the crook, it's important" went the slogan for supporting Edwin Edwards over Duke, and it worked - Duke still won a solid majority of white voters, despite the Republican establishment falling away from him, but he lost the election.So, this is a question that needs to be put repeatedly to non-Trump Republicans: Has Trump reached David Duke levels of unacceptability? How about now? What about now?It was the last question at last week's debate, and it deserves to be asked again tonight of Rubio, Ted Cruz and John Kasich: After what we've seen this week, do you really still stand by your pledge to support this man for president? <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/trump-vs-rubio-water-bottle-rally-2016-2">Trump and Rubio are trying to one-up each other with these incredible insults </a></h3> <div> <div> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="5xYXNkMTE6RCsXHxIN1TffJXW30z1aRz" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> </div> </div> </div>

Will Donald Trump force Republicans to admit we can do worse than Hillary Clinton?

<div class="KonaFilter image-container display-table"><div><div class="image">Jonathan Ernst/Reuters</div></div></div>
Today, the CEOs of New York City's 200 leading companies - all members of the <a href="http://pfnyc.org/">Partnership for New York City</a> - sent an urgent letter to House Republican Leadership asking them "to quickly pass the Terrorism Risk Insurance Reauthorization Act (TRIA)."
TRIA was originally passed in 2002 in the wake of 9/11, and exists to "provide a federal backstop for insurance coverage in the event of catastrophic losses from terrorist attacks." In other words, the bill was designed to help employers and insurers to appropriately manage terrorism risk. As it stands, TRIA is set to expire in December 2014.
On July 17, the Senate passed a version of a TRIA reauthorization 93-4 in a display of overwhelming support from both sides of the aisle. The Senate's renewal bill extends TRIA for an additional seven years, and was first brought to the floor by Sen. Schumer (NY) in April. The House currently has its own version of the TRIA extension, which only proposes to extend the bill for five years. 
The Partnership for New York City's letter cites the U.S.'s "vulnerab[ility] to international terrorism" and urges the House to "act swiftly to pass a bill that maintains a program structure that has proven effective and has had no cost to the federal taxpayer." It was signed by executives from a wide array of industries including. Some of the signatories included: fashion designer Tory Burch, media mogul Barry Diller, American Express CEO Kenneth I. Chenault, Viacom Inc. President and CEO Philippe Dauman, and billionaire John Catsimatidis. 
The House is set to vote on the Senate's version of the bill in coming weeks.
Here is the full text of the letter:
July 22, 2014
Honorable John Boehner (R-OH) Speaker of the House Honorable Kevin McCarthy (R-CA) Majority Whip Honorable Steve Scalise (R-LA) Majority Whip-Elect Dear Representatives Boehner, McCarthy, and Scalise, We write to urge the House of Representatives to quickly pass the Terrorism Risk Insurance Reauthorization Act (TRIA). America remains vulnerable to international terrorism. "TRIA" is one of the 21st Century tools that we rely upon to protect American jobs and allow investment to continue, despite the risk of terrorism. With the sunset of this federal program coming up in December, it is already difficult to renew insurance along the lines required by employers and property owners in urban centers. 
The bill that passed in the Senate last week with overwhelming, bipartisan support provides the federal backstop necessary to allow insurers, employers, and property owners to continue to manage terrorism risk. It is important to the business community in New York City and across the nation that the House act swiftly to pass a bill that maintains a program structure that has proven effective and has had no cost to the federal taxpayer. We want to continue to work with you to keep our economy growing. TRIA is one of the public-private partnership arrangements that makes continued growth possible. 
Sincerely- Lee S. Ainslie, III, Managing Partner, Maverick Capital Ajay S. Banga, President &amp; CEO, MasterCard David Barger, President &amp; CEO, JetBlue Airways Corporation Candace K. Beinecke, Chair, First Eagle Fund &amp; Chair, Hughes Hubbard &amp; Reed LLP Frank A. Bennack, Jr., Executive Vice Chairman of the Board &amp; Chairman, Executive Committee, Hearst Corporation Stephen Berger, Chairman, Odyssey Investment Partners, LLC William H. Berkman, Managing Partner, Associated Partners, LP Mark T. Bertolini, Chairman, CEO &amp; President, Aetna Inc. Michael W. Blair, Presiding Partner, Debevoise &amp; Plimpton LLP Jeff T. Blau, Chief Executive Officer, The Related Companies, L.P. Kathy Bloomgarden, Chief Executive Officer, Ruder Finn, Inc. Adam M. Blumenthal, Managing Partner, Blue Wolf Capital Management Michael C. Bodson, President &amp; CEO, The Depository Trust and Clearing Corporation Frank Branchini, Chairman &amp; CEO, EmblemHealth Services LLC Jacques Brand, Chief Executive Officer, North America, Deutsche Bank Americas Tory Burch, Chief Executive Officer, Tory Burch LLC Ursula M. Burns, Chairman &amp; CEO, Xerox Corporation Michael A. Carpenter, Chief Executive Officer, Ally Financial Inc. Gregory C. Case, Chief Executive Officer, Aon plc Dominic J. Casserley, Chief Executive Officer, Willis Group Holdings, Plc John Catsimatidis, Chairman &amp; CEO, Red Apple Group, Inc. Kenneth I. Chenault, Chairman &amp; CEO, American Express Company Richard B. Clark, Chairman &amp; Global Head of Real Estate, Brookfield Office Properties Inc. H. Rodgin Cohen, Senior Chairman, Sullivan &amp; Cromwell LLP Creighton Condon, Senior Partner, Shearman &amp; Sterling Philippe P. Dauman, President and CEO, Viacom Inc. Anthony J. de Nicola, Co-President, Welsh, Carson, Anderson &amp; Stowe Todd C. DeGarmo, Chief Executive Officer, STUDIOS Architecture Barry Diller, Chairman &amp; Senior Executive, IAC Daniel L. Doctoroff, President &amp; CEO, Bloomberg L.P. Irene M. Dorner, President &amp; CEO, HSBC Bank USA Douglas Durst, Chairman, Durst Organization Inc. Richard W. Edelman, President &amp; CEO, Edelman Joel S. Ehrenkranz, Senior Partner, Ehrenkranz Partners L.P. Andrew Farkas, Chairman &amp; CEO, Island Capital Group LLC Roger W. Ferguson, President &amp; CEO, TIAA-CREF Joseph R. Ficalora, President &amp; CEO, New York Community Bancorp, Inc. Laurence D. Fink, Chairman &amp; CEO, BlackRock, Inc. Alan H. Fishman, Chairman, Ladder Capital Finance LLC William E. Ford, Chief Executive Officer, General Atlantic LLC Edward C. Forst, President &amp; CEO, Cushman &amp; Wakefield, Inc. Russell P. Fradin, Chief Executive Officer, SunGard Eric J. Friedman, Managing Partner, Skadden, Arps, Slate, Meagher &amp; Flom LLP Mark T. Gallogly, Managing Principal, Centerbridge Partners MaryAnne Gilmartin, President &amp; CEO, Forest City Ratner Companies Barry M. Gosin, Chief Executive Officer, Newmark Grubb Knight Frank Jonathan N. Grayer, President &amp; CEO, Weld North LLC James H. Herbert, II, Chairman &amp; CEO (Founding), First Republic Bank Marc Holliday, President &amp; CEO, SL Green Realty Corp. Brian T. Horey, President, Aurelian Management Frederick J. Iseman, Chairman &amp; CEO, CI Capital Partners LLC Brad S. Karp, Chair, Paul, Weiss, Rifkind, Wharton &amp; Garrison LLP Jeffrey Katz, President &amp; CEO, Sherwood Equities Inc. Klaus Kleinfeld, Chairman &amp; CEO, Alcoa Inc. Henry R. Kravis, Co-Chairman &amp; Co-CEO, Kohlberg Kravis Roberts &amp; Co. William P. Lauder, Executive Chairman, The Estée Lauder Companies, Inc. Rochelle B. Lazarus, Chairman Emeritus, Ogilvy &amp; Mather Worldwide Joseph M. Leccese, Chairman, Proskauer Richard S. LeFrak, Chairman &amp; CEO, The LeFrak Organization Jeffrey E. Levine, Chairman, Douglaston Development Pamela Liebman, President &amp; CEO, The Corcoran Group, Inc. Martin Lipton, Senior Partner, Wachtell, Lipton, Rosen &amp; Katz Terry J. Lundgren, Chairman, President &amp; CEO, Macy's, Inc. Bridget A. Macaskill, President &amp; CEO, First Eagle Investment Management, LLC Peter L. Malkin, Chairman Emeritus, Empire State Realty Trust Joel S. Marcus, Chairman, CEO &amp; Founder, Alexandria Real Estate Equities, Inc. Donald B. Marron, Chairman, Lightyear Capital Peter W. May, President &amp; Founding Partner, Trian Partners John McAvoy, Chairman, President &amp; CEO, Con Edison Sherilyn McCoy, Chief Executive Officer, Avon Products, Inc. Raymond W. McDaniel, Jr., President &amp; CEO, Moody's Investors Service Mitchell Modell, Chief Executive Officer, Modell's Sporting Goods Kenneth D. Moelis, Chief Executive Officer, Moelis &amp; Company Holdings LP Robert E. Moritz, Chairman &amp; Senior Partner, PricewaterhouseCoopers, LLP Atsushi Nakajima, President &amp; CEO, Rockefeller Group International, Inc. Richard D. Parsons, Senior Advisor, Providence Equity Partners Douglas L. Peterson, President &amp; CEO, McGraw Hill Financial Charles E. Phillips, Jr., Chief Executive Officer, Infor Ian C. Read, Chairman of the Board &amp; CEO, Pfizer Inc. Scott H. Rechler, Chairman &amp; CEO, RXR Realty LLC Thomas J. Reid, Managing Partner, Davis Polk &amp; Wardwell LLP Daniel W. Riordan, Chief Executive Officer, Global Corporate, North America, Zurich Insurance Group Ltd James D. Robinson, III, Co-Founder &amp; General Partner, RRE Ventures Julio E. Rojas, Chief Executive Officer, Americas, Standard Chartered Bank Wilbur L. Ross, Jr., Chairman &amp; CEO, WL Ross &amp; Co. LLC Michael I. Roth, Chairman &amp; CEO, Interpublic Group Steven Roth, Chairman &amp; CEO, Vornado Realty Trust Howard J. Rubenstein, President, Rubenstein Associates, Inc. William C. Rudin, Vice Chairman &amp; CEO, Rudin Management Company, Inc. Kevin P. Ryan, Chairman &amp; Founder, Gilt Alexander Saint-Amand, Chief Executive Officer, GLG Alan D. Schwartz, Executive Chairman, Guggenheim Partners, LLC Frank J. Sciame, Chairman &amp; CEO, F.J. Sciame Construction Co., Inc. Michael C. Slocum, President, Commercial Banking, Capital One Bank Tad Smith, President &amp; CEO, The Madison Square Garden Company James C. Smith, Chief Executive Officer, Thomson Reuters J. Eric Smith, Chief Executive Officer, Swiss Re Americas Jerry I. Speyer, Chairman &amp; Co-CEO, Tishman Speyer Arthur P. Steinmetz, President &amp; CEO, OppenheimerFunds, Inc. Mark Thompson, President &amp; CEO, The New York Times Company Mary Ann Tighe, Chief Executive Officer, NY Tri-State Region, CBRE, Inc. James S. Tisch, President &amp; CEO, Loews Corporation John B. Veihmeyer, Chairman &amp; CEO, KPMG LLP George H. Walker, Chairman &amp; CEO, Neuberger Berman Group LLC Charles Weinstein, Chief Executive Officer, EisnerAmper LLP Christopher J. Williams, Chairman &amp; CEO, The Williams Capital Group, L.P. Robert Wolf, Chief Executive Officer, 32 Advisors, LLC Douglas M. Woodham, President, Americas, Christie's Kathryn S. Wylde, President &amp; CEO, Partnership for New York City Tim Zagat, Co-Chair, Zagat Survey LLC Strauss Zelnick, Chief Executive Officer, ZelnickMedia Corporation Mortimer B. Zuckerman, Chairman &amp; Editor-in-Chief, USNews &amp; World Report; Chairman &amp; Publisher, NY Daily News; Chairman, Boston Properties

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Sunil Mittal replaces Terry McGraw to become the new chairman of ICC

BI India Bureau

Will Donald Trump force Republicans to admit we can do worse than Hillary Clinton?

Josh Barro

Big Name NYC CEOs Urge Congress To Pass Terrorism Insurance Bill

Julia Cannon

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