FROM Rajeev Dhawan
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?
Who's to blame for the opioid crisis? Some of the lawyers who took on Big Tobacco are now going after Big Pharma. It’s all about the deadly epidemic of opioid use. Are the drug companies to blame? What about the users? Later, on today’s Talking Point: making sense of Britain’s upset election.
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?
Ex-FBI Director Comey tells his side of the story Today, former FBI Director James Comey came close to calling the President who fired him a liar. The White House denied the claim and called it insulting, but Republican Senators did not challenge Comey’s truthfulness. Many questions remain: did the President try to obstruct a federal investigation? Later, we’ll go behind the “velvet rope” for a look at 5-Star health care for the richest Americans.