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.
Trump's 'America First' goes missing abroad In the Middle East, President Trump is changing some policies of the Obama Administration—and reversing his own campaign attacks on Islam as a religion that "hates us." We hear about his visit to Saudi Arabia and what's at stake for the rest of his foreign excursion.
Replacing Obamacare: Now you see it… now you don’t As the Senate deliberates replacing Obmacare, health coverage for millions of people is at stake. There've been no public hearings, and a draft measure won't be made public. Is the House version so unpopular that that Senate is hiding a version that looks much the same?
The Trump agenda: where's the beef? President Trump says big things are happening. After celebrating a House bill on health care, he doesn’t yet have Senate agreement. With James Comey’s public testimony scheduled tomorrow, the President today tweeted his selection of a new FBI Director. Is the Chief Executive all style and no substance? Later, terror attacks in Iran and conflicting claims about who’s behind them.
Is the threat from Russia missing from the Russia meddling probe? There's much being made about the Trump administration's possible ties with Russia. But the bottom line is Russia's effort to influence American democracy. Do the President and his aides care enough to take action before voters go back to the polls?