nytimes.com — But the question is whether the United States is prepared to lead the way or whether protectionist pressures will make it all but impossible for the Obama administration to engage fully with the country’s trading partners.
“If you’re serious, as the Obama administration is, about being a leader in the multinational system, you can’t not provide leadership in the international trade arena,” said Robert Z. Lawrence, a professor of international trade and investment at the Harvard Kennedy School.
usatoday.com — President Barack Obama is pushing a new initiative to boost U.S. exports by enforcing trade deals and promoting American-made products overseas.
An administration official says Obama will issue an executive order Thursday creating an Export Promotion Cabinet of federal agencies whose work affects exports. The president is instructing the government to use every resource to support his National Export Initiative.
The official discussed the plan ahead of the announcement on condition of anonymity.
Two prominent business leaders will be named to lead the President's Export Council, an advisory committee on international trade. They are the president and CEO of The Boeing Co., Jim McNerney, and the CEO of Xerox Co., Ursula Burns.
Remember the Texas wind project that got this whole discussion started about where the stimulus money was going? The Chinese company involved in the project is now scoping out sites in Nevada for a 1,000 person manufacturing and assembly plant, like they said they would. more »
progressive.org — Our nation’s leaders have a choice to make. They can continue to turn the other cheek as employers flush job standards down the drain, or they can ensure that the jobs of tomorrow are good, decent jobs that will move Americans into recovery. Yes, we need to put people to work, and it is imperative that Congress pass legislation to provide incentives for businesses to hire more workers and extend unemployment benefits for those struggling to find jobs and pay the bills. But make no mistake: We must not let our standards go by the wayside in the name of job creation. We must ensure the jobs that are being created are good jobs.
nytimes.com — The Obama administration and Democrats in general are in trouble because they are not urgently and effectively addressing the issue that most Americans want them to: the frightening economic insecurity that has put a chokehold on millions of American families. The talk inside the Beltway, that super-incestuous, egomaniacal, reality-free zone, is that President Obama and the Democrats have a messaging or public relations problem. That’s just silly. People are upset because they are mired in economic distress and are losing faith that their elected representatives are looking out for their best interests.
huffingtonpost.com — The Financial Times just devoted a special section of the paper to "individuals and companies who have displayed courage and vision in the aftermath of the most wrenching financial crisis since the Great Depression." This piece of journalism -- and the awards that were granted -- were especially designed "to recognize boldness on a global scale."
A few years ago, in a book I titled It Takes a CEO: It's Time to Lead With Integrity (Free Press, 2005), I tried to identify all of the traits -- including boldness -- that I believe characterize truly successful CEOs. It would have been a pleasure to collaborate with the FT's editor and writers -- they did a great job -- however, when it came to matching specific companies and CEOs with leadership attributes, I think that in at least one instance they missed the "Integrity" trait.
Let me elaborate.
In its Foreword, the FT said: "While recognizing the profit imperative, these awards have also paid due weight to the impact of a company on the wider community, whether through innovation, education or philanthropy."
washingtonpost.com — Defense giant Northrop Grumman said Monday that it is pulling out of the $40 billion competition to build aerial refueling tankers for the Air Force, a move that defense analysts and procurement specialists say leaves its rival Boeing as the likely winner.
Northrop's decision marked the latest twist in the nearly decade-long fight over one of the Pentagon's biggest and most controversial contracts and raised questions about the impact of procurement reforms proposed by the Obama administration.
In announcing its withdrawal, Northrop said that the government's requirements did not recognize the value of the larger refueling platform it had proposed and instead favored Boeing's proposal to build a smaller tanker using a prototype of its 767 aircraft.