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WASHINGTON (Reuters) – President Barack Obama is slated to meet on Wednesday with a group of technology and defense chief executives to discuss the increase in cyber security threats, White House spokesman Jay Carney said.
A lot of CEOs have gotten on the deficit-reduction bandwagon, but they’ve often been loath to push for specific proposals, endorsing instead an overall “framework” for fiscal consolidation that’s big and bipartisan. Read full article >>
(Reuters) – Shares of Sears Holdings Corp fell more than 5 percent on Tuesday after the retailer said Chief Executive Louis D’Ambrosio was leaving the company, raising concerns that the drive to…
* Cook to receive no stock awards for 2012 (Adds fund manager comment, financial details, company background, closing share price)
The prospects for a grand bargain on the “fiscal cliff” have diminished rapidly, with both Congress and the White House going home for Christmas with nary an agreement in sight. Instead, as President Obama mentioned in passing before leaving town … Continue reading
The prospects for a grand bargain on the “fiscal cliff” have diminished rapidly, with both Congress and the White House going home for Christmas with nary an agreement in sight. Instead, as President Obama mentioned in passing before leaving town … Continue reading
The largest U.S. financial firms warned Thursday of dire consequences if Washington fails to head off year-end tax hikes and spending cuts, saying they could jolt the economy into recession and prompt a new and dangerous downgrade of the U.S. … Continue reading
The largest U.S. financial firms warned Thursday of dire consequences if Washington fails to head off year-end tax hikes and spending cuts, saying they could jolt the economy into recession and prompt a new and dangerous downgrade of the U.S. … Continue reading
Goldman Sachs’s Lloyd Blankfein says he’d entertain higher taxes to break the budget impasse. “No one is so unpatriotic that they wouldn’t pay a little bit more to resolve it,” the firm’s CEO said Thursday on CNBC. Read full article >>
What CEOs from Jobs to Cook to Zuckerberg reveal in apologies