FROM Eric Savitz
Who's Hiring, Who's Firing and How to Cope This week, literally thousands of people have lost their jobs in manufacturing, construction and industry. Even in Silicon Valley, unemployment is rising fast. With Congress debating his stimulus plan, President Obama spoke to a roomful of CEO's today, telling them that what they do matters more than what happens in Washington. Who will most likely be laid off? Which companies are trying to hold on to employees? In an economy transformed by recession, what will it take to get the next job?
The Ravages of Unemployment Monday, it was 20,000 at Caterpillar , 8,000 at Pfizer and Sprint/Nextel and 7,000 at Home Depot . Yesterday it was 3500 at Corning Glass and today it’s 10,000 at Boeing . In manufacturing and retail, even in Silicon Valley , unemployment is rising fast. With Congress debating his stimulus plan , President Obama spoke to a roomful of CEO’s today. He said what they do matters more than what happens in Washington. We hear which workers are most likely to be laid off and which companies are trying to hold on to their employees. In an economy transformed by recession, what will it take to get the next job?
With Steve Jobs Sick, Will Apple Stay Healthy? Steve Jobs will step aside as Apple’s CEO at least until June because his medical condition is “more complex” than he thought it was. That’s all the world knows right now about the man considered vital to one of the world’s most successful technological innovators.
CBO: Under GOP plan, millions will lose coverage Republicans are divided and Democrats are saying, "we told you so," when it comes to official estimates of what it will cost to repeal and replace Obamacare. The Trump White House says the Congressional Budget Office is just wrong.
East Asia: President Trump's first foreign policy test Starting with North Korea's latest test of nuclear missiles, a chain of events is causing instability in Asia. Could it turn into the first real foreign policy crisis of the Trump Administration?
Is America turning its back on the world? President Trump has made no secret of his contempt for the United Nations — and he's not alone. But, will proposed cuts in US contributions be counterproductive to America's role in the world and to national security?