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6 mentions found


☆ Biden set to meet with executives from Citi, United Airlines, Marriott and others
  + stars: | 2024-05-07 | by ( Rebecca Picciotto | ) www.cnbc.com   time to read: +2 min
US President Joe Biden speaks about his Investing in America agenda at the Wilmington Convention Center in Wilmington, North Carolina, on May 2, 2024. President Joe Biden is set to meet Tuesday afternoon with a slate of executives from a variety of industries, some of which have been the targets of his regulatory agenda. The guest list includes United Airlines CEO Scott Kirby, Citi CEO Jane Fraser, Evercore founder and senior chairman Roger Altman, Marriott International CEO Anthony Capuano, Flex CEO Revathi Advaithi, Bechtel Group CEO Brendan Bechtel, former Xerox CEO Ursula Burns and Corning CEO Wendell Weeks, according to a White House official. Biden is planning to discuss his "strategy of investing in America and rebuilding international alliances," the official said in a statement. And as part of a broader siege against what Biden calls "junk fees," the White House has issued rules prohibiting certain fees from airlines and credit card companies.
Persons: Joe Biden, Scott Kirby, Jane Fraser, Roger Altman, Anthony Capuano, Revathi Advaithi, Brendan Bechtel, Ursula Burns, Corning, Wendell Weeks, Biden Organizations: Wilmington Convention, United Airlines, Citi, Marriott International, Flex, Bechtel, Xerox, White, Federal Trade Commission, Department Locations: Wilmington, Wilmington , North Carolina, America
☆ Target CEO to meet with Biden as the company — and White House — try to figure out U.S. consumers
  + stars: | 2023-10-12 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com   time to read: +3 min
Target CEO Brian Cornell will meet with President Joe Biden on Thursday afternoon as the retailer — and the White House — try to figure out U.S. consumers. Cornell is one of about a half dozen business leaders across industries who will offer up their point of view on the economy and the labor market at the White House. Through a spokesperson, Target confirmed Cornell's attendance at the meeting, but deferred to the White House for more details about the content of the meeting. Biden's meeting with the business leaders comes as the White House gears up for the next presidential election — a time when his track record on the economy and inflation will be under the microscope. Cornell has met with the White House before.
Persons: Brian Cornell, Joe Biden, Biden, Brendan Bechtel, Calvin Butler, Kenneth Chenault, Thasunda Brown Duckett, Arvind Krishna, Judy Marks, —, Cornell, Doug McMillon, Donald Trump Organizations: White, Cornell, Bechtel Group, Catalyst, IBM, Otis Worldwide, Target, White House, New, Pride Locations: New York City, San Francisco
☆ Biden to meet with Target, IBM and other CEOs
  + stars: | 2023-10-12 | by ( ) www.reuters.com   time to read: +1 min
U.S. President Joe Biden participates in a roundtable with Jewish community leaders regarding the Palestine-Israel conflict, in the Eisenhower Executive Office Building on the White House campus in Washington, U.S. October 11, 2023. REUTERS/Jonathan Ernst/File Photo Acquire Licensing RightsWASHINGTON, Oct 12 (Reuters) - President Joe Biden will meet with the chief executives of several large companies on Thursday to get their perspective on the U.S. economy, a White House official said. The meeting at the White House includes the CEOs of Target(TGT.N), IBM(IBM.N) and Exelon(EXC.O), Bechtel Group, General Catalyst, TIAA and Otis Worldwide, representing the construction, manufacturing, clean energy, finance and retail industries. Biden is seeking the executives' perspectives on the economy and on his administration's efforts to provide domestic investment, the White House official said. He pushed Congress to pass sweeping legislation to invest in infrastructure, target student loan debt and has been a vocal supporter of workers' rights.
Persons: Joe Biden, Jonathan Ernst, Catalyst, Biden, Steve Holland, Susan Heavey, Doina Organizations: White, REUTERS, Rights, White House, Target, IBM, Bechtel Group, Otis Worldwide, Democratic, Wednesday, Thomson Locations: Palestine, Israel, Washington , U.S, U.S
☆ How Elizabeth Holmes convinced powerful men like Henry Kissinger, James Mattis, and George Shultz to sit on the board of Theranos
  + stars: | 2023-06-02 | by ( Lydia Ramsey Pflanzer | ) www.businessinsider.com   time to read: +6 min
The reporters spoke with board members, who explained why they backed founder Elizabeth Holmes. Holmes' board going into the scandal included an unusual roster of names for a healthcare startup, with leaders who had more experience in politics and government than healthcare. For the most part, the board members seemed to be taken by Holmes and her vision. "Secretary Mattis was struck by the promise of technology and was looking for any technology solution to save lives on the battlefield," White said. Auletta in the documentary said the board members spoke about Holmes as if she were a visionary.
Persons: Theranos, Alex Gibney, Elizabeth Holmes, Holmes, John Carreyrou, Sunny Balwani, Balwani, George Shultz, Shultz, Gary Roughead, William Perry, Sam Nunn, James Mattis, Donald Trump's, Richard Kovacevich, Wells Fargo Henry Kissinger, William Frist, William H, Foege, Riley, Bechtel, Kissinger, Mattis, Ken Auletta, David Boies, Auletta, Axios, Dana White, White, Beethoven, Roger Parloff, he's, Parloff Organizations: Morning, Food and Drug Administration, Wall Street, US, US Marine Corps, Centers for Disease Control, Bechtel Group Inc, New, Mattis, Theranos, Securities and Exchange Commission, Fortune Locations: Texas, California, Silicon Valley
☆ Elizabeth Holmes owes over $25 million to Theranos, lawsuit says
  + stars: | 2023-03-17 | by ( Yasmin Khorram | ) www.cnbc.com   time to read: +3 min
Former Theranos CEO Elizabeth Holmes (C) arrives at federal court with her mother Noel Holmes (L) and father Christian Holmes on September 01, 2022 in San Jose, California. Elizabeth Holmes hasn't paid back over $25 million to creditors of her former Theranos company as she tries to delay her 11-year prison sentence, according to a lawsuit. According to the breach of contract suit, Holmes executed three promissory notes while she was CEO of the failed blood-testing company. The promissory notes were as follows, according to the lawsuit:August 2011 in the amount of $9,159,333.65. Holmes founded Theranos in 2003 after dropping out of Stanford, with the promise of revolutionizing the healthcare industry.
☆ Bechtel Group CEO on designing and building a new Intel chip factory in Ohio
  + stars: | 2022-12-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBechtel Group CEO on designing and building a new Intel chip factory in OhioBechtel Group CEO Brendan Bechtel joins 'Squawk Box' to discuss the impact of the Chips and Science Act on the economy and the budding semiconductor manufacturing industry in the U.S.
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