Corporate America Is Sitting Out the Trump-Biden Rematch

What election?

In the midst of what many expect to be the most toxic presidential campaign in modern history, American businesses are going to extraordinary lengths to stay off the political radar.

Some CEOs are privately drawing up plans to tell employees not to expect comments on political matters in all-hands sessions. Others are reconsidering common election initiatives, such as get-out-the-vote drives, fearing those could be viewed in the current moment as partisan. A number of companies are also taking a harder line on workplace activism after long tolerating dissent.

In a...