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Ask Jeffrey Immelt
Reuters Digital Editor Chrystia Freeland interviews General Electric CEO Jeffrey Immelt on the U.S. economy, the jobs crisis and GE’s future on Monday October 17 beginning at 8:30am EDT. What would you like to ask Immelt? Post your questions as comments on this post or tweet them to #newsmaker.
from MediaFile:
Bye bye BlackBerry?
As Research In Motion deals with the fallout from service disruptions that have affected millions of BlackBerry users around the world this week, a survey by Aite Group shows that out of 402 financial advisers polled, 45 percent say they would choose an Apple iPhone or iPad, while 14 percent would pick a BlackBerry.
What do you want to see in a passenger bill of rights?
- Extra legroom
- Time stuck on tarmac should not exceed 1.5 hours
- Carry on one bag for free
- Freedom to rebook if flight is delayed over 3 hours
- Restore smoking privileges
What tech gadget do you plan to buy?
What tech gadget are you most likely to buy this holiday season?
- Kindle Fire
- iPhone 4S
- Android smartphone
- iPad
- Kindle touch or Kindle reader
- Nook reader
- Another brand of tablet computer
- None of the above
from MediaFile:
Will you buy the new Apple iPhone?
Apple took the wraps off a new iPhone on Tuesday but may have left some fans and investors wishing for more than an updated version of last year's iPhone 4 smartphone.
Apple CEO Tim Cook, who took the reins from the co-founder Steve Jobs in August, and his executive team showed off a souped-up device that comes with voice recognition and a better camera, but it looked identical to the last phone and did little to lift the bar for smartphones. Let us know below what you think of Apple's latest device.
Should the president permit offshore drilling for oil and natural gas?
- Yes
- No
Would you consider buying the Kindle Fire?
Amazon.com unveiled its long-awaited tablet computer with a $199 price tag, potentially cheap enough to give Apple iPad some serious competition for the first time.
Would you consider buying a new Amazon tablet computer?
- Yes, the Kindle Fire with WiFi for $199
- Yes, the Kindle Touch with 3G for $149
- Yes, the Kindle Touch with WiFi for $99
- No, I will not be buying an Amazon product
The Active tablet price point is 199. Now fill it up wifi ice crem sandwich… IF IT NOT A CELL PHONE 199 will get thw masses buying on line.. The next one will be a game ender for apple plus Microsoft will get a cut.. The price goes up $10 dollars..
Will Obama’s jobs plan find traction?
President Barack Obama proposes a jobs package heavily weighted toward tax cuts for workers and businesses to help boost the economy. The challenge will be rallying enough popular support to pressure Republicans to get behind his plan, despite their vehement opposition to most of his agenda.
Will Obama's jobs plan pass Congress?
- Yes
- Yes, with significant revisions
- No
As long as this plan has nothing for the rich, this plan will not pass as long as Republicans control Congress, like they have been.
Do you favor U.S. defense budget cuts?
The U.S. Defense Department is preparing to cut at least $350 billion from its previously projected spending through the next decade. Additional Pentagon cuts of up to $600 billion would kick in absent congressional passage by year’s end of at least $1.2 trillion more in deficit reduction over the same period.
Last week, General David Petraeus, while retiring from the Army to become CIA director, warned against sacrificing U.S. military capabilities to ease the budget woes. How will the savings, if implemented, affect the level of national security? On the tenth anniversary of September 11 attacks how safe do you feel?
At the Reuters Aerospace and Defense Summit in Washington DC from September 6 to 8 top executives from leading Pentagon suppliers and other experts in the sector will be interviewed by Reuters reporters on the expected cuts and more topics from cybersecurity to big-ticket arms programs such as the $382 billion-plus F-35 fighter aircraft, the Pentagon’s costliest purchase.
Will the expected U.S. defense budget cuts jeopardize national security?
- Yes
- No
The dollars we spent on Defense and war is enormous. We will not have a country left if we keep such spending. All empires in history have fallen because the war machine bankrupted their nation. We could cut the budget in half and still spend more than the largest countries in the world combined. First and foremost we need to concentrate on economic power, the standard of living, then military power will take care of itself.
What would you ask Bank of America’s CEO?
Bank of America Chief Executive Brian Moynihan will undergo the most sensitive investor call of his career tomorrow when he submits to a public grilling from Fairholme Capital founder Bruce Berkowitz, one of the bank’s largest shareholders. Fairholme, which manages about $17 billion in assets, set up the call before the bank’s shares lost one-third of their value last Thursday, Friday and yesterday amid concerns about mounting mortgage-related losses and how the bank may be affected by a worsening economy.
Berkowitz has invited investors to submit questions at askbrian@fairholmefunds.com, but, our Wall Street team led by Jed Horowitz, has come up with some of our own. The answers could shed light on crucial issues such as whether the bank will need to raise more equity—and whether Moynihan can survive.
Below are a few of our questions for Moynihan.
1. How will you raise the $50 billion of capital analysts suspect you need to satisfy new regulatory capital rules when your core businesses are losing profitability in a slowing world economy?
2. Is the bank looking to sell any assets?
What else would you ask Bank of America’s CEO?
Let us know in the comments below.
I have two questions for moynihan
Why did you allow the MHA program to turn away so many families who paid you properly and followed all of the guidelines and paperwork requirements within their correct 3-month trial period?
With that being said, why are you not contacting those same families to try and make it right?
Stacie Ritter, wife to 1 and mother to 3
How does the stock market turmoil affect you?
On Monday, stocks plunged resulting in the S&P 500′s worst day since December 2008, down more than 6 percent for the day and off more than 17 percent since the index peaked in late April.
Is the current slide in stock prices, the ratings downgrade and weak economic data causing you to:
Worry more about losing your job?
- Yes
- No
I got out before the last crash (only a blind person couldn’t have seen it coming) and have been in mostly cash since then. I am still ahead. After this shakeout, it will be time to make a measured return to the market.
We are still feeling the effects of the causes of the last crash. Governments will not get us out of this. They can only respond in limited ways to a world economy that is deeply fearful of putting itself back into a buying mode. This is going to be a long, slow grind with more swings to come.
I am sure we are better off for the governments having kicked the can down the road, but eventually we will have to pick up that can.
How should we respond to the “enormous” cyber attacks?
Security company McAfee uncovered a series of attacks on the networks of 72 organizations including the U.N., governments and companies around the world and said there was one “state actor” behind them.
What should be the priority in the wake of the biggest series of cyber attacks?
- Fight fire with fire by going on the cyber attack offensive (29%, 124 Votes)
- Determine the state actor and impose sanctions on it (28%, 117 Votes)
- Companies should invest more in securing their data (21%, 90 Votes)
- More resources devoted to defending against cyber crime on a government level (13%, 53 Votes)
- Increase penalties for all cyber crime (5%, 23 Votes)
- Status quo (4%, 15 Votes)
Total Voters: 422
I think we all should be extremely careful of attacks on our phones, specially since we use them for everything and all our passwords and private information is on them. Its unbelieveable how much we count on our cell phones these days.
Steve Global Website Use Global Web Design Services
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Resident Ask... Expert
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Dear Mr. Imhelt,
You say, “”If CEO pay goes way down and unemployment is 12 percent, people are still going to feel bad,” he said. “It is a symptom but it is not the problem.”
The point is that if CEOs (and the other highly paid executives of companies) decided to take less pay, they could employ more people. Your $4 million bonus alone could keep 40 people employed for a year at a very reasonable salary of $100K. Did you really do such a fantastic job that you earned the yearly wage of 40 people as a bonus? I have a very hard time believing that.