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.
"Tough on crime" rhetoric sees a revival at Sessions' DOJ The pendulum swings between treatment-focused approaches to drug abuse and tough law enforcement. Now, after years of Obama-era "reforms," President Trump’s Attorney General, Jeff Sessions wants local police freed from federal restrictions to fight another "war on drugs."
The flight bumping heard around 'round the world Recent video of a passenger forcibly removed from a United Airlines plane is a worst-case example of what's happened since consolidation into just four US-based carriers. Management seems to be tone-deaf to a decline in service — and even abuse — of passengers.
After Syria strike a new Trump doctrine emerges The President who promised an end to entanglements in the Middle East and snuggled up to Vladimir Putin has now outraged Russia with surprise missile attacks on Syria. That's raised questions about who's running the White House? We hear a variety of answers.