Obama Convenes Meeting to Seek Advice From Executives
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Company executives including UBS AG Chairman for the Americas Robert Wolf and Honeywell International Inc. Chairman David Cote opened a discussion with President Barack Obama today aimed at fostering cooperation and finding ways to spur U.S. economic growth.
The meeting at Blair House across Pennsylvania Avenue from the White House was convened by the president as part of an outreach to business and to confer on issues such as education, exports, regulation and the budget deficit. It comes as his administration works to heal a strained relationship with the business community and collaborate on ways to boost jobs, with the nation’s unemployment rate at 9.8 percent.