Millionaire James (Art) Pope poured money into helping a Republican strategy called RedMap succeed in North Carolina. The project is aimed at taking over state legislatures and then leveraging those victories to shift the balance of power in Washington.
In early 2010, Republican strategists launched a new project called RedMap. The idea was to flip as many state houses across the country to Republican majorities during the 2010 election cycle — particularly in states where congressional redistricting was pending.
Steve Jobs, who passed away Wednesday at the age of 56, was obsessed with computers from an early age. In 1975, when he was 20, Jobs was part of the Homebrew Computer Club — a group of early computer enthusiasts obsessed with making computers more popular.
"People [would be] all together in a room, jostling, bubbling with ideas, bringing in new technology, new chips, new displays, new networks, new software, everything new," says John Gage, a former member of the club.
Despite concerns about Congress and the European debt crisis, most U.S business owners remain optimistic and expect growth to continue this year, the heads of both General Electric and FedEx said Thursday.
"There's still a lot of growth," GE CEO Jeff Immelt told about 600 executives attending a conference on middle-sized businesses. "It's a long, slow recovery...but it is getting better."
FedEx CEO Fred Smith agreed, saying that shipments of goods continue to reflect a growing economy. "We don't see a contraction," Smith said. "Just slow growth; steady as she goes."
Originally published on Thu October 6, 2011 9:57 am
With New Jersey Gov. Chris Christie (once again) declining to enter the Republican presidential primary race, his core group of financial industry fundraisers – a group that had been urging him to run – went looking for new candidates to endorse.