Tags: BNTEAMS | BUD | BUSINESS | CA | CGL | CNG | COS

Obama Names Intel’s Otellini to Advisory Panel Headed by Immelt

Friday, 18 Feb 2011 06:40 AM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

President Barack Obama will name Paul Otellini, the chief executive of Intel Corp., the world’s largest semiconductor maker, to a presidential panel on jobs and competitiveness, the White House said in a statement.

The panel of outside economic advisers, which is headed by General Electric Co. chief executive officer Jeffrey Immelt, was created by the president last month to find ways to encourage hiring and boost U.S. economic competitiveness.

Obama will name Otellini to the panel today in Hillsboro, Oregon, where the president is touring an Intel semiconductor factory to promote science, math and technology education. Other members of the panel will be announced in the coming weeks, the administration statement said.

The competitiveness panel replaced one designed to advise the administration on responding to the financial crisis that was headed by former Federal Reserve Chairman Paul Volcker. The new President’s Council on Jobs and Competitiveness meets quarterly and is supported by Treasury Department staff.

Before traveling to Oregon, Obama last night met with technology executives including Apple Inc. Chief Executive Officer Steve Jobs, Facebook Inc. founder Mark Zuckerberg, and Google Inc. Chief Executive Officer Eric Schmidt to discuss his economic policies.

Obama has said innovation and exports can help lower the nation’s 9 percent unemployment rate, and has cited the technology industry as a driver for future growth.


© Copyright 2014 Bloomberg News. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

NYT: Nation Steadily Losing Confidence in Obama

Wednesday, 22 Oct 2014 08:15 AM

The nation is losing confidence in President Obama and his administration with every passing month, according to an anal . . .

NYPD Still Strictly Enforcing Marijuana Laws Despite de Blasio Pledge

Wednesday, 22 Oct 2014 08:04 AM

The pace of marijuana arrests in New York City is unchanged under Mayor Bill de Blasio, The New York Times reported. As  . . .

Nelson Bunker Hunt, Texas Oil Tycoon, Dies at 88

Wednesday, 22 Oct 2014 06:58 AM

Eccentric Texas billionaire Nelson Bunker Hunt, who made his fortune in oil and lost a good deal of it to silver, has di . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved