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Obama to meet with J&J, Wells CEOS on jobs: source

WASHINGTON : President Barack Obama is expected to meet Friday afternoon with chief executives from Johnson & Johnson, W
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meetWASHINGTON: President Barack Obama is expected to meet Friday afternoon with chief executives from Johnson & Johnson, Wells Fargo & Co, US Bancorp, Xerox Corp, BlackRock Inc and Silver Bridge, according to a source familiar with the plans.

Obama is expected to talk about global financial turmoil, the state of the US economy, and job growth with the executives.

White House spokesman Josh Earnest said on Friday that Obama was constantly "on the hunt" for new job creation ideas and that would be on the agenda for the CEO meeting.

The White House has not yet released the names of CEOs slated to attend.

Obama's hopes for re-election in 2012 will hinge on his success in lowering unemployment, currently pinned above 9 percent, boosting sluggish growth and restoring confidence lost from the Standard & Poor's downgrade and fractious debt talks.

Copyright Reuters, 2011

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