BY JONATHAN D. ROCKOFF AND JOANN S. LUBLIN
Johnson Johnson’s next chief executive earned his spurs at the health-products giant by selling pharmaceuticals and medical devices. Yet Alex Gorsky’s biggest order of business as the new CEO may involve repairing another and altogether different JJ business: consumer products.
In April, Mr. Gorsky will succeed William Weldon, JJ’s CEO for the last 10 years. He will face a number of tasks, from navigating the pricing pressures weighing on health care to creating a management team—including determining a role for his main competition for chief executive, fellow JJ Vice Chairman Sheri McCoy.
Legally mandated paid sick days for workers would stamp out billions of dollars worth of productivity and potentially 16,000 jobs over five years, according to a new report issued by a small-business advocacy group that has long opposed legislation that would guarantee Massachusetts employees up to a week of sick time.
The report, issued by the National Federation of Independent Business, estimates that 1.3 million Massachusetts workers lack guaranteed paid sick time out of a workforce of nearly 3 million. The NFIB Research Foundation issued the report, the latest salvo in a public policy battle that has drawn intense interest but little legislative action in recent years.
By DAVID MERCER
CHAMPAIGN, Ill.
Archer Daniels Midland Co. said Tuesday that it is firing 175 people at its headquarters in Illinois as part of a plan to cut what it now says will be 1,200 mostly salaried jobs across the company.
Decatur-based ADM said earlier this year that it planned to cut 1,000 jobs through a combination of layoffs and buyouts.
The company wouldn’t provide specifics about where other cuts are happening, but it said it should be finished eliminating jobs in the United States this week. Elsewhere, the process will continue.
KALAMAZOO, Mich. (WOOD) – Lake Michigan Mailers president David Rhoa says he’s adding jobs as a “direct result” of the replacement of the Michigan Business Tax.
Under the new tax plan signed Wednesday, some Michigan corporations now will pay a flat 6% income tax. Many small businesses will not pay an income tax, though owners will pay personal income tax on the business’ income.
Small businesses do employ a majority of Americans, but Rhoa’s planned new jobs — two full-time and one part-time on top of a Kalamazoo-area workforce of 55 — will have to be repeated many times over to be felt in a state that lost hundreds of thousands of jobs in the past decade.
Post Recommended
Washington Post reporters or editors recommend this comment or reader post.
Page 1 of 132:1 2 3 4 5 6 » Last » 
