Business leaders react to Biden dropping out of presidential race

President Biden's announcement on Sunday that he will not accept the Democratic Party's nomination for the presidency in the 2024 election spurred quick reaction from several major business leaders and trade groups.

"It has been the greatest honor of my life to serve as your President," Biden wrote. "And while it has been my intention to seek reelection, I believe it is in the interest of my party and the country for me to stand down and to focus solely on fulfilling my duties as President...