Weekly News from COBRT - March 13th, 2018
LEADERSHIP. REACH. RESULTS.
March 13, 2018

Colorado Business Roundtable has another partner! Metropolitan State University of Denver is COBRT's newest partner and we are very excited to work with them. Thank you MSU Denver for your support! 
Last week, The Foundations for Lincoln Public Schools announced the Future Builders Challenge, a community partnership that encourages growth in entrepreneurial and business-minded high school students. 

The Future Builders Challenge allows students in Lincoln to identify their aptitudes to become entrepreneurs, innovators, and builders. Grounded in global Gallup research, the Builder Profile 10 (BP 10) assessment was provided for free to over 2,600 high school freshman and business and entrepreneurship club members in all Lincoln public and private schools. 

Democratic gubernatorial candidate Cary Kennedy scored a win at Colorado's precinct caucuses Tuesday night, receiving exactly 50 percent of the vote in a preference poll conducted to kick off a multi-step process to qualify for the June primary ballot. 

The Labor Department reported 313,000 new jobs in February, the largest single-month gain during Donald Trump's presidency. The numbers represent a leap from January's 239,000 new jobs, lending credence to Republican claims that last year's tax reform bill would jump-start the economy. It was the largest single-month gain since July 2016, when the economy added 325,000 jobs. 

Tariffs on steel and aluminum imports represent "a major unforced error by President Trump, putting America's economic progress at risk," Business Roundtable President & CEO Joshua Bolten said Thursday in reaction to the President's White House announcement of the trade action. In a statement, Bolten warned of increased production costs for industries that use the metals; retaliation by foreign trading partners; and a misuse of a "national security" rationale allowing countries to impose unilateral tariffs on U.S. exports. "CEOs appreciate President Trump's focus on defending American businesses and worker," Bolten continued. "But this proposal - even with limited exemptions for Canada and Mexico - will do far more harm than good while making little progress to counteract global steel and aluminum overcapacity." In a Bloomberg Television interview earlier Thursday, Business Roundtable Chairman Jamie Dimon also expressed opposition to the tariffs. "The WTO needs to get its act together and get a little more ambitious in terms of fixing some of these problems, but I think tariffs is the wrong way to go about it," said Dimon, Chairman and Chief Executive Officer, JPMorgan Chase & Co. 

Lawmakers can save taxpayers $2 billion to $4 billion over 10 years with modest changes to PERA and Hickenlooper plans. CSPR Chairman Earl Wright: "A plan that eliminates the unfunded liability by forcing school districts, state agencies and local governments to pay even more would be no real victory at all." 

A small number of targeted changes to existing pension reform plans could save billions of dollars for school districts, local governments and other public institutions over the next decade in Colorado, according to a new study released by the REMI Partnership. 

Read more
Media Turns To Business Roundtable For Critique Of Steel and Aluminum Tariffs
News coverage of tariffs on aluminum and steel drew heavily this week from Business Roundtbale President & CEO Joshua Bolten's March 4 appearance on Fox News Sunday. Bolten's interview emerged as the most cited response from business on tariffs, mentioned in more than 1,000 major newspapers, television, radio and online outlets, as well as local media. A MarketWatch column observed, "Pay particular attention to the stand taken by the Business Roundtable, an association of chief executive officers of leading American companies that has the CEOs of 22 Dow companies as members." 
Scott DeRue, the dean of University of Michigan's Ross School of Business, says the old model of businesss school education is gone. It's no longer good enough to sequester yourself on campus for two years before heading out into the world of commerce. DeRue discusses how the perceived value of an MBA education is changing in the digital era, and how MBA programs are innovating in response to individual and company demands. 

Listen at KDMT 1690 AM Denver's Money Talk from 
4-5 p.m. Monday through Friday or  live stream online. Podcasts are available at  http://www.cobrt.com/radio-podcast and on your favorite podcast app the day after live airing.

Stream or Download These Recent Episodes

See all at our events page and use this contact form to add yours!
03/19/18
Aerospace Day at the Capitol - Colorado Chapter of Citizens for Space Exploration

03/20/18

03/21/18

03/22/18

03/23/18

04/04/18

04/11/18 - 04/14/18
NUICC Trade Mission for DefExpo 2018 - National US INDIA Chamber of Commerce

04/20/18 - 04/22/18

05/03/18 - 05/04/18

05/30/18 - 06/01/18
Western Pathways Conference - Global Pathways Institute

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