CEOs commenting on the economy, innovation
With the start of the new year, the Consumer Electronics Show in Las Vegas and the Detroit Auto Show, this week has already featured a heavy dose of CEO commentary on the economy and innovation. A selection:
CNBC's Maria Bartiromo on Monday interviewed Jamie Dimon, chairman and CEO of J.P. Morgan, asking about his company's view of the economy. Excerpt:
Dimon: I think here in general, the U.S. economy itself, is actually a mild recovery, it seems to be broad and strengthening. If you look at all the sectors, corporate, middle market, small business, consumer, for the most part, they are better than they were a year ago and we even think housing is probably at or near the bottom -- if you look at rental prices, supply and demand, household formation. So I'm hoping we have a growing … growing economy and jobs.
Bartiroma: You speak to a lot of CEOs, are you seeing a lot of backlog in terms of plans to do deals, IPO? What does your pipeline at J.P. Morgan look like?
Dimon: I would say there’s a lot of chatter out there. Companies have a lot of money and a lot of wherewithal, and like everybody else, they always worry. They worry about the world and themselves, They think they are doing okay. So I think that companies are doing OK and want to expand and grow.
Europe's fiscal health remains a concern.
- JNJ CEO on Healthcare & the Economy – Johnson & Johnson Chairman and CEO William C. Weldon
- Macy's CEO on Moody's Stable Outlook -- Macy’s Chairman and CEO Terry Lungren
- Alcoa CEO on Earnings & Revenue – Alcoa’s Chairman and CEO Klaus Kleinfeld
- Chrysler CEO: Auto Industry Extremely Competitive – Sergio Marchionne, Fiat & Chrysler CEO
And coverage of Microsoft's Steve Ballmer's keynote address at CES2012.
- Washington Post, “Microsoft CEO Steve Ballmer bows out of CES promising breakthroughs in mobile device market”
- Yahoo, The Wrap, “Microsoft Brings News Corp., Sesame Street, Comcast to XBox”
- Seattle Times, “Microsoft CEO hits familiar chord in CES swan song”
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