Ellen Kullman, chief executive at DuPont Co., and Comcast's Brian Roberts were among the 20 corporate bosses who met with President Obama behind closed doors in Washington as the President struggles to mend fences with Corporate America, which is cash-rich but barely hiring as the national economy limps.
They talked about corporate America's desire for lower taxes, and the government's desperation to get manufacturers investing and exporting again, says Bloomberg here. DuPont is a major US exporter, but it's increasingly reliant on production and consumption in China and India. Kullman has served as a US business liaison to India at Obama's request.
Through spokesman Mike Hanretta, Kullman called the discussions "constructive" but wouldn't be specific.
Roberts asked for "regulatory certainty," says Politico in a thinly-sourced article here. Comcast has a crowded government agenda: It's trying to get the government go-ahead to take over NBC Universal, while resisting Federal Communcations Commission Internet regulation.
Comcast is also resisting labor unions trying to organize its cable TV writers in advance of mostly anti-union Comcast's takeover of union-friendly NBC, writes Los Angeles Times' Company Town page here.
Comment removed.
The President is intensely focussed on creating private sector jobs. Isn't it politically embarrassing to embrace Ellen J. Kullman, DuPont Chief when she and her mentor and predecessor ex-Chief Chad Holliday destroyed tens of thousands of American jobs over the past decade? And they shipped abroad many of these jobs to India and China, venues of notoriously lax environmental and safety regulation and dirt-cheat labour! ...funfun.. funfundvierzig
Ellen Kullman really didn't ship those jobs abroad, it was Chad Holliday. Let's give Kullman the benefit of the doubt. She seems to be doing a great job so far. Antidisestab
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