Word: immelt
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...Jeff Immelt, CEO of General Electric and another award winner, said that two immediate problems facing political leaders were stopping the precipitious decline in housing prices and freeing up credit markets by getting banks lending again...
...Moore, described as one of the “Most Powerful Women” in American business by Fortune Magazine, will follow a chain of CEO’s who have spoken at the Business School’s ceremony, including Kenneth I. Chenault of American Express, Jeffrey R. Immelt of General Electric, A.G. Lafley of Proctor & Gamble. A 1978 graduate of the Business School, Moore left Harvard for Time, Inc. in order to serve as a financial analyst. After working at the company for more than 20 years, she was appointed chairman and CEO in July...
...give Edwards credit for holding fire, and feel the hot, dry winds blowing on this issue. They got Virginia Republican Warner's attention when business leaders like GE CEO Jeff Immelt came out in favor of mandatory caps on carbon emissions, a move that also blew down the straw house of the deny-and-delay crowd. The legislation that Warner has written with Lieberman, an Independent, combines elements of earlier, stillborn bills, and it won crucial backing from California Senator Barbara Boxer, Democratic chairwoman of the Environment Committee. "This is an election issue," she says. "Voters need to know which...
...Making a mark in the global economy, however, means becoming a global citizen. "How well do you travel?" Immelt asked. It's a lesson that U.S. workers, too, are starting to learn. Satish Bhat, program manager of Microsoft's development center in Hyderabad, says he's been taking on not just Indians who want to move home, but also "diversity hires" - Americans who want to move to India. "That's where the action is," Bhat says...
...Still, the IIT boosters are aware of the challenges of globalization and those it leaves behind. Immelt said India's success will be defined by its ability "to make the pie bigger." Hillary Clinton, who spoke by satellite to the crowd (a decision that left many at the conference wondering whether she was trying to distance herself from India), asked these engineers, scientists and business people to use their skills to create "a shared prosperity for America and India." IIT graduates helped build the technology that made globalization possible. Perhaps they'll also be the ones who make it work...