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Election Night Was a Good One for Business Leaders

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This story originally appeared on Fortune Magazine

Last night, Americans took to the polls and voted, and the results were clear: this is a good year for Republicans. The GOP took back the and strengthened its hold in the House of Representatives, setting up two years of divided leading up to the 2016 Presidential .

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Last week, Fortune took a look at some of the people with prominent business ties who were running for office, and some of the ballot initiatives that would have a big impact on business. So, how did they do?

On the whole, pretty well.

In Arizona, former Coldstone CEO Doug Ducey, a Republican, was elected to the governorship. Ducey won comfortably, taking nearly 54% of the vote. Down in Florida, meanwhile, sitting Republican governor Rick Scott, formerly CEO of Columbia Hospital Corporation, won reelection with just 48% of the vote. Former Dollar General CEO David Perdue won his election to the Senate as a Republican in Georgia, while founder of Capital Cellular, early Nextel investor and sitting Democratic Senator Mark Warner won a closer-than-expected election in Virginia.

The only loser from our guide was Democrat Mary Burke, a former executive at Trek, a bicycle company founded by her family. Burke lost her bid to take down sitting Republican Governor Scott Walker in Wisconsin.

In terms of ballot initiatives, it was almost a clean sweep for "yes." Pot legalization passed in Oregon and Washington, D.C., and a yes vote was lately looking likely in , although a medical marijuana initiative failed in Florida. Minimum wage hikes were approved in Arkansas, Alaska, South Dakota and Nebraska, with a non-binding resolution also passing in Illinois. Massachusetts passed an initiative requiring paid sick leave.

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