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February 11th, 2013
12:12 PM ET

San Diego Mayor on Perry business recruitment: We won't sacrifice lifestyle for short-term profits


(CNN) – Texas Gov. Rick Perry is hitting the road to drum up business. But he isn't on a tour of the Lone Star State.

Instead, Perry set off for California on Sunday, where he will spend four days trying to convince business leaders to move their operations from southern and central California to Texas. He began his pitch earlier this month with a radio ad which has run on Golden State airwaves from Los Angeles to Sacramento.

"Building a business is tough, but I hear building a business in California is next to impossible," he says in the ad. "This is Texas Gov. Rick Perry, and I have a message for California businesses: Come check out Texas."

Perry touts Texas’ tax policy, limited regulations on business and a legal system that includes tort restrictions. A website for the effort notes his state's recovery from the recession, job growth, low unemployment rate and low price for natural gas.

This morning on "Starting Point," San Diego Mayor Bob Filner weighs in on Perry's plan to lure companies from California to Texas.

READ MORE: Perry to visit California, recruit business for Texas

Filed under: Business • Jobs
December 27th, 2012
09:37 AM ET

Secret to Warren Buffett's success; CNN's Poppy Harlow tours his Omaha office for a clue: 'no email'

What is the secret to Warren Buffett's success? Perhaps the clue lies in his office.

The oracle of Omaha is arguably one of the best investors of all time, and one of the richest men in the world. But you wouldn't necessarily know that by the looks of Buffett's office. Though it's not everyday one gets a tour of it, that's exactly what he gave CNN’s Poppy Harlow.

The chairman of Berkshire Hathaway showed her around his Omaha headquarters. From sports jerseys to a model Mars Rover, to a presidential medal of freedom and a very old tube TV, what she found—and didn't find—might surprise you.

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Filed under: Business • Investment
December 13th, 2012
10:46 AM ET

Gov. Markell: South Koreans 'don't seem all that worried' about North Korea rocket launch

After years of failed attempts, North Korea successfully launched a satellite into orbit yesterday, triggering worries among world leaders about nuclear weapons and the ambitions of Pyongyang's new leader, Kim Jong Un.

Gov. Jack Markell joins Starting Point from South Korea this morning to discuss the fiscal cliff and to explain how South Koreans are reacting to their northern neighbor's aggressive act.

"The amazing thing here in South Korea is that even with the rocket launch, folks here are working, they're building. They're thriving. They're focused and they're building their economy," Markell says. "There's actually been relatively little conversation and they don't seem all that worried. I think they believe the foreigners that are here are a lot more worried than they are."

Gov. Markell also discusses the efforts he's taking to bring business from Asia to the United States and his state of Delaware.

"One of the great benefits these days is the falling price of natural gas across the country," Markell explains. "It means that businesses who previously may not have looked to do something in the United States are looking once again at the U.S. because the cost of doing business, thanks to energy costs, is coming down."

Filed under: Business • Fiscal cliff
October 24th, 2012
12:32 PM ET

VIDEO: QVC queen offers 'Shark Tank' advice on 'Starting Point'

Lori Grenier of QVC and ABC's "Shark Tank" explains what type of pitches and people will get her to invest.

Filed under: Business • Entrepreneurs • Investment
October 19th, 2012
11:03 AM ET

New details about former Goldman Sachs employee Greg Smith and his blistering resignation letter

New details about former Goldman Sachs employee Greg Smith and his blistering resignation letter which was plastered across the pages of the New York Times. Goldman Sachs is firing back with an internal investigation of Smith and Anchors Stephanie Ruhle and Erik Schatzker from Bloomberg TV have an exclusive look.

Filed under: Business
September 3rd, 2012
12:16 PM ET

Is business experience important for a president? Duke Energy CEO Jim Rogers on the critical qualities of an effective business and political leader

In Charlotte, NC this morning, delegates are rolling in and ready to begin the Democratic National Convention. The Democrats trying to convince voters they are better off now than they were four years ago.

But familiar criticism is popping up about the President's resume. Critics are pointing out that he had no experience running a company, noting that Mitt Romney has lots of experience running a company.

Duke Energy CEO Jim Rogers, co-chair of the Democratic National Convention host committee, addresses whether business experience is important for running the United States.

"As a CEO, you have to balance interests of your shareholders as well as your customers," Rogers says. "Being president of the United States, you have to balance many stakeholders interests and come up with the right solution and get the balance right between the role of business and the role of government. That's really the key to leading our country."

Rogers also weighs in on the big question of the convention: Whether voters are better off now than they were four years ago.

"The President started in a deep hole, and he's worked his way out. The more relevant question is, are we on the right trend? Are we moving in the right direction? And maybe more importantly is, where will we be in 2016? That to me are the relevant questions Americans should be asking," Rogers says.

July 25th, 2012
11:54 AM ET

How has the economy changed since last summer? Christine Romans weighs in

(CNNMoney) - U.S. stocks fell sharply Tuesday, with the Dow suffering a triple-digit decline for a third session, on a combination of gloomy factors.

However, the market recovered some ground just before the closing bell after a report in the Wall Street Journal suggested the Federal Reserve may be moving toward more simulative monetary policies.

The outlook for U.S. economic growth has dimmed amid a recent spate of disappointing reports, including weak manufacturing data from the Richmond Federal Reserve Tuesday.

On Starting Point this morning, Christine Romans breaks down the latest economic data and discusses Congress' role in the continuing downturn.

Filed under: Business
July 18th, 2012
04:07 PM ET

Virgin Group's Sir Richard Branson defies business as usual – how his philosophy has led to his success

In part two of Soledad O'Brien's exclusive interview, Virgin Group's Sir Richard Branson describes his unconventional business philosophy and how it has led to his success.

Filed under: Business
May 23rd, 2012
10:41 AM ET

Fmr. Bain director: 'A little far-fetched' to say that business executives wouldn't make great leaders

A new ad was released yesterday once again attacking Mitt Romney for his tenure at Bain Capital.

While Romney and his supporters say the candidate's time at Bain qualifies him to turn America's struggling economy around, Vice President Biden argued otherwise yesterday, saying that Romney's investment-firm background no more qualifies him to serve as president than would experience working as a plumber.

On Starting Point this morning, Bain Capital's former managing director Ed Conard defends Romney's record and explains why he believes business executives would make great leaders.

Responding to criticism that companies like Bain are more concerned with making money than creating jobs, Conard says, "It's half true that companies and Bain Capital work for investors, but more importantly they work for customers and you can't be successful with investors if you're not successful with customers."

Filed under: Business • GOP
March 7th, 2012
10:55 AM ET CEO, a site that helps people have affairs, bids on Limbaugh ad space

Noel Biderman, CEO of affair website AshleyMadison, explains why he wants to buy all the excess ad space on Limbaugh's show.

Filed under: Business
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