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C2150-630 IBM BigFix Inventory V9.5 and Licence Metric Tool V9.2 Administration

This intermediate level certification is for administrators who are familiar with product functionality and have extensive hands-on experience with IBM BigFix Inventory V9.5 and License Metric Tool V9.2. They plan, install, configure, deploy, maintain, troubleshoot and support it.
The key areas of competency are:
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It is expected that these administrators are generally self-sufficient and are able to perform the tasks involved in the job role with limited assistance from peers, product documentation, and vendor support services.
Basic knowledge of LDAP including Windows Active Directory.
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current Microsoft SQL and IBM DB2 Server.
unattended installation methods for software products.
Linux and Windows operating systems and software installation.
virtualization technologies.

IBM BigFix Inventory V9.5 and Licence Metric Tool V9.2 Administration
IBM Administration exam plan
Killexams : IBM Administration exam plan - BingNews https://killexams.com/pass4sure/exam-detail/C2150-630 Search results Killexams : IBM Administration exam plan - BingNews https://killexams.com/pass4sure/exam-detail/C2150-630 https://killexams.com/exam_list/IBM Killexams : Biden to tout IBM's plans to invest $20 billion in New York over the next decade

U.S. President Joe Biden holds a virtual meeting with business leaders and state governors to discuss supply chain problems, particularly addressing semiconductor chips, on the White House campus in Washington, March 9, 2022.

Jonathan Ernst | Reuters

President Joe Biden on Thursday will tout IBM Corp's plans to invest $20 billion in New York over the next decade in development and manufacturing of semiconductors, mainframe technology, artificial intelligence and quantum computing.

The announcement is the latest in a string of investments unveiled since Biden signed the Chips and Science bill in August that funded $52 billion to subsidize semiconductor chips manufacturing and research.

The administration says hefty subsidies for private businesses are necessary because China and the European Union had been awarding billions in incentives to chip companies.

Biden has sought to capitalize on the investment announcements ahead of next month's midterm congressional elections. Last month, he traveled to Ohio to speak at the site of Intel Corp's planned $20 billion semiconductor manufacturing facility.

On Tuesday, Micron Technology said it would invest up to $100 billion over the next 20-plus years to build a semiconductor fabrication facility in New York that is expected to create nearly 50,000 jobs, with the first phase investment of $20 billion planned this decade.

White House National Economic Director Brian Deese on Twitter called the Micron investment "a significant win for US economic & national security" and "part of a deliberate, long term industrial strategy that will bolster U.S. competitiveness, & increase our long-term productive capacity."

Biden will visit IBM's Poughkeepsie, New York, site home to of the largest concentrations of quantum computers and will be joined by Chief Executive Arvind Krishna.

IBM said it plans to make its Poughkeepsie site "a global hub of the company's quantum computing development, just as it is today for mainframes." IBM did not provide a detailed breakdown of its $20 billion investment plans.

IBM said chips funding "will ensure a reliable and secure supply of next-generation chips for today's computers and artificial intelligence platforms."

Thu, 06 Oct 2022 01:53:00 -0500 en text/html https://www.cnbc.com/2022/10/06/biden-to-tout-ibms-plans-to-invest-20-billion-in-new-york-over-the-next-decade.html
Killexams : HR Core Administration Software Market Trends, Size, Share, Top Players, Opportunities, Revenue, Regional Analysis, Future Growth by 2022-2028

The MarketWatch News Department was not involved in the creation of this content.

Oct 14, 2022 (The Expresswire) -- Global “HR Core Administration Software Market” (2022-2028) research report offers inside and out examination on market size, share, drivers, limitations, etc. Besides, this report remembers the inexact investigation of various portions for terms of general development, advancement, opportunity, business methodologies, and so on for the gauge time of 2028. The report contains the essentials delivered and headways by various applications Share and The most accurate pattern acquiring momentum in the market that builds mindfulness about the HR Core Administration Software market. The report supplies a complete investigation of business angles like worldwide HR Core Administration Software market size, ongoing technological advances, and developments. The examination report comprises of the presentation of the market, vital participants, amazing open doors, restrictions, product and type classification, and large market investigation.

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Market Analysis: Global HR Core Administration Software Market

The global HR Core Administration Software market is projected to reach USD million by 2028 from an estimated USD million in 2022, at a CAGR of % during 2023 and 2028.

Global HR Core Administration Software manufacturers include Automatic Data Processing, LLC, SAP SE, Ultimate Software Group, Inc., Linkedin (Microsoft), Oracle Corporation, Workday, Ceridian HCM, Inc., Kronos, Inc., Infor, IBM Corporation, Cornerstone OnDemand, Paycom Software, Inc., Intuit, SumTotal Systems, LLC (SkillSoft), Sage, Epicor Software, Accenture, Workforce Software, Zenefits, Ramco Systems, EPAY Systems, PeopleStrategy, Inc., etc. The top 2 companies hold a share about 80%. Europe and China are the largest market, with a share both about 40%. In terms of product, synthetic PBO is the largest segment, with a share over %. And in terms of application, the largest application is home pest care, followed by agricultural.

Report Scope

This report aims to provide a comprehensive presentation of the global market for HR Core Administration Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding HR Core Administration Software. The HR Core Administration Software market size, estimations, and forecasts are provided in terms of output/shipments and revenue (millions), considering 2021 as the base year, with history and forecast data for the period from 2017 to 2028. This report segments the global HR Core Administration Software market comprehensively. Regional market sizes, concerning products by types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the HR Core Administration Software manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, product type, application, and regions.

The Global HR Core Administration Software market is anticipated to rise at a considerable rate during the forecast period, between 2022 and 2028. In 2021, the market is growing at a constant rate and with the rising acquisition of strategies by leading players, the market is expected to rise over the projected horizon.

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Final Report will add the analysis of the impact of COVID-19 on this industry.

According to our latest study, due to COVID-19 pandemic, the global HR Core Administration Software market size is estimated to be worth in 2021 and is forecast to a readjusted size by 2028 during review period. Online Sales accounting the HR Core Administration Software global market in 2021, is projected to value by 2028, growing in next six years. While HR Core Administration Software segment is altered between 2022 and 2028.

Moreover, it helps new businesses perform a positive assessment of their business plans because it covers a range of courses market participants must be aware of to remain competitive. The readers in the section will understand how the HR Core Administration Software market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.

COVID-19 and Russia-Ukraine War Influence Analysis

The readers in the section will understand how the HR Core Administration Software market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.

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Key Indicators Analyzed

Market Players and Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2017-2028 and Sales with a thorough analysis of the market's competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors. ● Global and Regional Market Analysis: The report includes Global and Regional market status and outlook 2017-2028. Further the report provides break down details about each region and countries covered in the report. Identifying its sales, sales volume and revenue forecast. With detailed analysis by types and applications. ● Market Trends: Market key trends which include Increased Competition and Continuous Innovations. ● Opportunities and Drivers: Identifying the Growing Demands and New Technology ● Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Companies and Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2017-2022. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

List of TOP KEY PLAYERS in HR Core Administration Software Market Report are -

● Automatic Data Processing, LLC
● SAP SE
● Ultimate Software Group, Inc.
● Linkedin (Microsoft)
● Oracle Corporation
● Workday
● Ceridian HCM, Inc.
● Kronos, Inc.
● Infor
● IBM Corporation
● Cornerstone OnDemand
● Paycom Software, Inc.
● Intuit
● SumTotal Systems, LLC (SkillSoft)
● Sage
● Epicor Software
● Accenture
● Workforce Software
● Zenefits
● Ramco Systems
● EPAY Systems
● PeopleStrategy, Inc.

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The HR Core Administration Software Market is Segmented by Types:

● Core HR and Personnel Management
● Payroll Administration
● Benefits Administration
● Time and Attendance
● Employee Engagement
● Workforce Planning and Analytics

The HR Core Administration Software Market is Segmented by Applications:

● Healthcare
● Financial Services
● Government/Non-Profit
● Retail/Wholesale
● Professional/Technical Services
● Manufacturing

HR Core Administration Software Market Technology Analysis:

In the global coronavirus pandemic, remote working had been introduced as a trend. But with the various virus variants and waves hitting the global locations, remote working has become a necessity to keep up with the trends and maintain a proper flow of the supply chain and production mechanism. With the rising investment in the research and development department and activities, the HR Core Administration Software solutions are acting as an efficient resource that goes easy on formatting. To collaborate motivation with efficiency and personal goals with the organizational HR Core Administration Software industry objectives, the HR Core Administration Software market size is implementing strategies so that there is a feeling of belongingness and recognition integrated with the push and need to come up with comprehensive ideas for the global growth of the market during the forecast period that ends in the year 2028.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of HR Core Administration Software in these regions, from 2021 to 2027, covering

● North America (United States, Canada and Mexico) ● Europe (Germany, UK, France, Italy, Russia and Turkey etc.) ● Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam) ● South America (Brazil, Argentina, Columbia etc.) ● Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Global HR Core Administration Software Market Regional Analysis

Geographically, the global HR Core Administration Software Market is segmented into North America, Europe, South America, Europe, Asia Pacific and the Middle East and Africa. Research has a leading market share of in 2019. The market volume of HR Core Administration Software in Southeast Asia is largely connected to downstream demand.

The objective of the report is to present a comprehensive analysis of the Global HR Core Administration Software Market including all the stakeholders of the HR Core Administration Software industry. The past and current status of the industry with forecasted market share, size and accurate and future trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the marketing 4.0 industry with a dedicated study of key players that includes industry top leading players, new consumers, shareholders.

Reasons to Buy This Report

● This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global HR Core Administration Software market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market. ● This report will help stakeholders to understand the global industry status and trends of HR Core Administration Software and provides them with information on key market drivers, restraints, challenges, and opportunities. ● This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition. ● This report stays updated with novel technology integration, features, and the latest developments in the market ● This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the HR Core Administration Software industry. ● This report helps stakeholders to gain insights into which regions to target globally ● This report helps stakeholders to gain insights into the end-user perception concerning the adoption of HR Core Administration Software. ● This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

This HR Core Administration Software Market Research/Analysis Report Contains Answers to your following Questions

● Which Manufacturing Technology is used for HR Core Administration Software? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments? ● Who Are the Global Key Players in This HR Core Administration Software Market? What are Their Company Profile, Their Product Information, and Contact Information? ● What Was Global Market Status of HR Core Administration Software Market? What Was Capacity, Production Value, Cost and PROFIT of HR Core Administration Software Market? ● What Is Current Market Status of HR Core Administration Software Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of HR Core Administration Software Market by Taking Applications and Types in Consideration? ● What Are Projections of Global HR Core Administration Software Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export? ● What Is HR Core Administration Software Market Chain Analysis by Upstream Raw Materials and Downstream Industry?

An exhaustive and professional study of the global HR Core Administration Software market report has been completed by industry professionals and presented in the most particular manner to present only the details that matter the most. The report mainly focuses on the most dynamic information of the global market.

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Major Points from Table of Contents:

1 HR Core Administration Software Market Overview

1.1 HR Core Administration Software Product Scope

1.2 HR Core Administration Software Segment by Type

1.3 HR Core Administration Software Segment by Application

1.4 HR Core Administration Software Market Estimates and Forecasts (2017-2028)

2 HR Core Administration Software Estimates and Forecasts by Region

2.1 Global HR Core Administration Software Market Size by Region: 2017 VS 2021 VS 2028

2.2 Global HR Core Administration Software Market Scenario by Region (2017-2021)

2.3 Global Market Estimates and Forecasts by Region (2022-2028)

2.4 Geographic Market Analysis: Market Facts and Figures

3 Global HR Core Administration Software Competition Landscape by Players

3.1 Global Top HR Core Administration Software Players by Sales (2017-2021)

3.2 Global Top HR Core Administration Software Players by Revenue (2017-2021)

3.3 Global HR Core Administration Software Market Share by Company Type (Tier 1, Tier 2 and Tier 3) and (based on the Revenue in HR Core Administration Software as of 2020)

3.4 Global HR Core Administration Software Average Price by Company (2017-2021)

3.5 Manufacturers HR Core Administration Software Manufacturing Sites, Area Served, Product Type

3.6 Manufacturers Mergers and Acquisitions, Expansion Plans

4 Global HR Core Administration Software Market Size by Type

4.1 Global HR Core Administration Software Historic Market Review by Type (2017-2021)

4.2 Global Market Estimates and Forecasts by Type (2022-2028)

4.2.3 Global Price Forecast by Type (2022-2028)

Get a demo Copy of the HR Core Administration Software Market Report 2022

5 Global HR Core Administration Software Market Size by Application

5.1 Global HR Core Administration Software Historic Market Review by Application (2017-2021)

5.2 Global Market Estimates and Forecasts by Application (2022-2028)

6 North America HR Core Administration Software Market Facts and Figures

6.1 North America HR Core Administration Software by Company

6.2 North America HR Core Administration Software Breakdown by Type

6.3 North America HR Core Administration Software Breakdown by Application

7 Europe HR Core Administration Software Market Facts and Figures

8 China HR Core Administration Software Market Facts and Figures

9 Japan HR Core Administration Software Market Facts and Figures

10 Southeast Asia HR Core Administration Software Market Facts and Figures

11 India HR Core Administration Software Market Facts and Figures

12 Company Profiles and Key Figures in HR Core Administration Software Business

13 HR Core Administration Software Manufacturing Cost Analysis

13.1 HR Core Administration Software Key Raw Materials Analysis

13.1.1 Key Raw Materials

13.1.2 Key Raw Materials Price Trend

13.1.3 Key Suppliers of Raw Materials

13.2 Proportion of Manufacturing Cost Structure

13.3 Manufacturing Process Analysis of HR Core Administration Software

13.4 HR Core Administration Software Industrial Chain Analysis

14 Marketing Channel, Distributors and Customers

14.1 Marketing Channel

14.2 HR Core Administration Software Distributors List

14.3 HR Core Administration Software Customers

15 Market Dynamics

15.1 HR Core Administration Software Market Trends

15.2 HR Core Administration Software Drivers

15.3 HR Core Administration Software Market Challenges

15.4 HR Core Administration Software Market Restraints

Continued…

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Thu, 13 Oct 2022 23:22:00 -0500 en-US text/html https://www.marketwatch.com/press-release/hr-core-administration-software-market-trends-size-share-top-players-opportunities-revenue-regional-analysis-future-growth-by-2022-2028-2022-10-14
Killexams : Biden hails IBM's $20 billion New York manufacturing deal

POUGHKEEPSIE, N.Y., Oct 6 (Reuters) - President Joe Biden on Thursday championed his administration's push to subsidize U.S. semiconductor chip manufacturing and boost blue-collar jobs at a visit to an IBM Corp (IBM.N) facility in New York.

IBM plans to invest $20 billion in New York's Hudson Valley region, once a manufacturing powerhouse, over the next decade to make and develop semiconductors, mainframe technology, artificial intelligence and quantum computing.

"Where is it written that we can’t lead manufacturing in the world?” Biden said. "The supply chain is going to start here and end here, in the United States."

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Government funding is essential to boost manufacturing and ensure U.S. national security by producing critical goods now made abroad, Biden said. His administration and fellow Democrats have directed billions in federal funding to encourage private- sector spending and create jobs.

IBM's announcement is the latest in a string of investments unveiled since Biden signed the Chips and Science bill in August which funded $52 billion to subsidize semiconductor chips manufacturing and research.

"America invented these chips," Biden said.

Hefty subsidies for private businesses are necessary because China and the European Union had been awarding billions in incentives to chip companies, the White House says.

U.S. President Joe Biden tours areas damaged by Hurricane Ian during a visit to Florida, in Fort Myers Beach, Florida, U.S., October 5, 2022. REUTERS/Evelyn Hockstein

Biden has sought to capitalize on the investment announcements ahead of next month's midterm congressional elections. Last month, he traveled to Ohio to speak at the site of Intel Corp's (INTC.O) planned $20 billion semiconductor manufacturing facility.

The Hudson Valley, home of IBM's Poughkeepsie site, was an economic powerhouse during America's Industrial Revolution, but regional jobs dried up during the second half of the last century, as companies fled to lower-cost locations.

IBM, which laid off thousands of people in the region in the 1990s when it moved chip and other manufacturing, said it now plans to make the site "a global hub of the company's quantum computing development, just as it is today for mainframes."

IBM did not provide a detailed breakdown of its $20 billion investment plans.

The White House said it was sparked by Biden's economic policies.

"The industrial strategy is really helping to drive a renaissance in American manufacturing, and domestic investment ... that we haven’t seen in generations," White House National Economic Director Brian Deese told reporters en route to the IBM site.

On Tuesday, Micron Technology (MU.O) said it would invest up to $100 billion over the next 20-plus years to build a semiconductor fabrication facility in New York that is expected to create nearly 50,000 jobs, with the first phase investment of $20 billion planned this decade.

Biden was joined by IBM Chief Executive Arvind Krishna.

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Reporting by Nandita Bose in Poughkeepsie, N.Y., and David Shepardson in Washington Editing by Heather Timmons and Matthew Lewis

Our Standards: The Thomson Reuters Trust Principles.

Thu, 06 Oct 2022 12:16:00 -0500 en text/html https://www.reuters.com/technology/biden-tout-ibms-20-bln-investment-new-york-over-next-decade-2022-10-06/
Killexams : IBM to announce $20B investment during Biden trip to New York

IBM on Thursday will announce plans to invest $20 billion over the next 10 years on research and development initiatives and semiconductor manufacturing as President Biden visits the company’s campus in New York.

Biden will travel to Poughkeepsie to speak about his economic plan and meet with workers, a White House official said. The president will highlight IBM’s announcement, which comes on the heels of another investment from chip manufacturer Micron in upstate New York.

IBM said its vision for the Poughkeepsie campus is to become “a global hub of the company’s quantum computing development.”

Biden will be joined during the visit by Reps. Sean Patrick Maloney (D-N.Y.), Paul Tonko (D-N.Y.) and Pat Ryan (D-N.Y.).

Biden will also attend fundraisers in New York City and Red Bank, N.J., during Thursday’s trip.

The IBM announcement is the latest economic win for the White House since the passage of the CHIPS and Science Act, which passed with bipartisan support and included more than $50 billion in incentives for manufacturers to build domestic semiconductor plants. It also included more than $80 billion for the National Science Foundation authorized over five years to support innovation and research.

Biden administration officials had for months warned of supply chain and national security risks if Congress did not invest in domestic manufacturing of chips that are used to power computers, cars and major home appliances, arguing the U.S. would become too reliant on China and others for the semiconductors.

Thu, 06 Oct 2022 09:26:00 -0500 en-US text/html https://thehill.com/homenews/administration/3675515-ibm-to-announce-20b-investment-during-biden-trip-to-new-york/
Killexams : Biden touts accurate IBM, Micron investments amid broader economic concerns

President Biden traveled to New York on Thursday to tout another major manufacturing investment, this time from IBM, as a sign of confidence among business leaders in the U.S. economy.

Amid concerns about gas prices, broader inflation and rising interest rates, Biden on Thursday sought to focus on a particular bright spot for the administration: accurate investments by major tech companies spurred by federal legislation to support semiconductor manufacturing and shore up the domestic supply chain.

Biden was in Poughkeepsie, N.Y., on Thursday to celebrate a planned $20 billion investment from IBM over the next decade to boost research and development initiatives and semiconductor manufacturing.

The IBM announcement came on the heels of Micron, another semiconductor manufacturer, unveiling plans to spend $100 billion on a new facility near Syracuse, N.Y. Micron previously announced a major investment in its Boise, Idaho, campus.

And Biden visited Ohio last month to highlight a groundbreaking for a new Intel facility.

“As we saw during the pandemic, when factories that make these chips shut down around the world, the global economy literally comes to a screeching halt,” Biden said Thursday. 

“More Americans have learned the phrase ‘supply chain,’” he added. “Well guess what. The supply chain is going to start here and end here, in the United States.”

Those investments aim to restore microchip manufacturing to the U.S. over the next decade after companies outsourced production to Asian countries. Biden noted that car prices skyrocketed in accurate years due to a shortage of chips, which are also used in smartphones, appliances and weapon systems.  

The IBM announcement is the latest economic win for the White House since the passage of the CHIPS and Science Act, which passed with bipartisan support and included more than $50 billion in incentives for manufacturers to build domestic semiconductor plants. It also included more than $80 billion for the National Science Foundation to support innovation and research.

Still, the White House is grappling with shorter-term economic headwinds and policy decisions that are largely out of its control.

The Federal Reserve, an independent body, is sticking with its plan to raise interest rates in an effort to bring prices down, despite warnings from Biden administration officials and lawmakers that continued fiscal tightening could ravage the economy. 

In her first public remarks since being confirmed to the board, Federal Reserve Governor Lisa Cook said Thursday that getting inflation under control “will require ongoing rate hikes and then keeping policy restrictive for some time.”

Treasury Secretary Janet Yellen said Thursday that interest rate hikes are taking a toll on the global economy, particularly among poorer nations that may now struggle to pay their debts.

“Policymakers in the major economies must continue implementing policies to rein in high inflation while remaining attentive to global repercussions,” Yellen said at a Center for Global Development event.

Her comments came after the United Nations Conference on Trade and Development this week urged the Federal Reserve and other central banks to reverse course on aggressive rate hikes, warning that they could cause a global recession. 

The International Monetary Fund said Thursday that the global economy will lose out on roughly $4 trillion in growth through 2026 and predicted that “things are more likely to get worse before it gets better.” The World Trade Organization on Wednesday estimated that global trade will only grow by 1 percent next year, down from its 3.4 percent prediction in April.  

Higher interest rates are already beginning to slow hiring in the U.S. The number of job openings fell by 1.1 million from July to August, according to Labor Department data released Tuesday, giving economists some hope that the nation’s labor shortage will ease but prompting concerns about a larger slowdown.

Meanwhile, OPEC+ this week announced that it would cut global oil production by 2 million barrels a day in anticipation of lower demand, a move that will likely increase prices at the pump soon. 

Before departing for New York, Biden told reporters he was disappointed in the decision by the oil-exporting coalition, which includes Saudi Arabia and Russia, and indicated the White House was exploring alternatives to try and stabilize gas prices.

“There’s a lot of alternatives. We haven’t made up our mind yet,” Biden said.

Brian Deese, head of the National Economic Council, said one focus would be on pushing oil refiners to bring down the retail price of gasoline to more in line with historical trends when compared with the wholesale cost.

The administration will be closely eyeing a few key economic indicators in the coming weeks. Unemployment numbers from September will be released on Friday, with last month’s inflation data coming the week after.

When asked about the broader economic trajectory of the country, Deese told reporters the White House is trying to balance both short-term concerns about the U.S. economy and long-term efforts to transition the economy after the peak of the coronavirus pandemic into a sustainable, stable place.

“Even as we focus on the important near-term issues, like dealing with refineries to try to keep the progress in gas prices coming down to sustain it, we are very focused on the long-term economic strategy that this president has had since taking office,” Deese told reporters. “And one of the key hallmarks of that is how do we build a more resilient economy.”

Thu, 06 Oct 2022 03:22:00 -0500 en-US text/html https://thehill.com/homenews/administration/3676893-biden-touts-recent-ibm-micron-investments-amid-broader-economic-concerns/
Killexams : Biden Hails IBM’s Plans to Invest $20 Billion in Visit to NY

(Bloomberg) -- President Joe Biden touted IBM Corp.’s plans to invest $20 billion over the next decade in New York, saying it could make the region a hub for quantum computing and resulted from legislation he signed to boost US research and development.

Most Read from Bloomberg

“The Hudson Valley could become the epicenter of the future of quantum computing, the most advanced and fastest computing ever, ever seen in the world,” said Biden on Thursday during a visit to the IBM campus in Poughkeepsie, New York. “It’s technology that is vital to our economy, and equally important to our national security.”

President Biden Delivers Remarks At IBM Facility © Bloomberg President Biden Delivers Remarks At IBM Facility

IBM’s investments will go toward research and development and manufacturing involving semiconductors, mainframe technology, artificial intelligence and quantum computing. IBM builds mainframe computer systems at the campus, which also houses the company’s first Quantum Computation Center, one of the largest concentrations of quantum computers.

Biden, accompanied by IBM Chairman Arvind Krishna, met with workers during his visit and was shown a quantum computer. Biden was also joined on the visit by New York Governor Kathy Hochul and Representatives Sean Patrick Maloney and Patrick Ryan.

“I believe the reason why companies like IBM are choosing to build in America is because we’re better positioned globally than we have been in any time in a long time,” said Biden, touting the Chips and Science Act, which provides $52 billion to bolster domestic semiconductor research and development. 

Biden signed the measure into law in August, part of an administration effort to reduce dependence on Asian suppliers of semiconductors like Taiwan and South Korea, whose homegrown companies are leading the market, and to ease supply-chain disruptions that raised prices for goods.

With less than five weeks until the November midterm elections, Biden has been stepping up his travel to tout legislative victories, including the semiconductor subsidies and the Inflation Reduction Act -- the Democrats’ climate, tax and health-care package.

Read more: Micron Plans to Invest Up to $100 Billion in NY Chip Factory

IBM has promoted key elements of Biden’s legislative agenda. Krishna attended the August chips bill signing ceremony and the company lobbied lawmakers to pass a bipartisan infrastructure bill that includes funding to build out broadband networks.

The IBM announcement follows one on Tuesday from Micron Technology Inc., which said it plans to invest as much as $100 billion over the next 20 years to build a factory in upstate New York to boost domestic production of memory chips.

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©2022 Bloomberg L.P.

Thu, 06 Oct 2022 06:54:00 -0500 en-US text/html https://www.msn.com/en-us/money/other/biden-hails-ibm-s-plans-to-invest-20-billion-in-visit-to-ny/ar-AA12Flrb
Killexams : IBM and CEO Arvind Krishna Welcome President Biden to Poughkeepsie Site, Company Plans to Invest $20 billion in the Hudson Valley Region Over 10 Years

POUGHKEEPSIE, N.Y., Oct. 6, 2022 /CNW/ -- Today U.S. President Joseph R. Biden, Jr. and IBM IBM Chairman and CEO Arvind Krishna will tour IBM's Poughkeepsie, New York site to see firsthand where the future of computing is being innovated, designed and manufactured. During the visit, IBM will announce a plan to invest $20 billion across the Hudson Valley region over the next 10 years. The goal of the investments, which will be strengthened by close collaboration with New York State, is to expand the vibrant technology ecosystem in New York to unlock new discoveries and opportunities in semiconductors, computers, hybrid cloud, artificial intelligence and quantum computers.

IBM has long called New York state home, and its business supports more than 7,500 jobs across the Hudson Valley. This region has been a hub of innovation and manufacturing for decades. From Westchester County to Poughkeepsie to Albany, IBMers are pushing the limits of computing and helping clients embrace digital transformation. 

"IBM is deeply honored to host President Biden at our Poughkeepsie site today and we look forward to highlighting our commitments to the innovations that advance America's economy," Arvind Krishna, Chairman and CEO of IBM, said. "As we tackle large-scale technological challenges in climate, energy, transportation and more, we must continue to invest in innovation and discovery - because advanced technologies are key to solving these problems and driving economic prosperity, including better jobs, for millions of Americans."

President Biden's visit to the IBM Poughkeepsie site highlights the CHIPS and Science Act's unique opportunity to advance American innovation and manufacturing. The technology that IBM delivers today from Poughkeepsie will directly benefit from the CHIPS and Science Act that the President recently signed into law. It will ensure a reliable and secure supply of next-generation chips for today's computers and artificial intelligence platforms as well as fuel the future of quantum computing by accelerating research, expanding the quantum supply chain, and providing more opportunities for researchers to explore business and science applications of quantum systems. 

IBM's Poughkeepsie site has helped the country embrace the transformative power of technology since 1941, from manufacturing armaments during World War II to developing and building the latest generation mainframe computers. In Poughkeepsie, IBM builds state-of-the-art mainframe computers that power the global economy. The site also is home to IBM's first Quantum Computation Center – where a large number of real quantum computers run in the cloud. IBM's vision is for Poughkeepsie to become a global hub of the company's quantum computing development, just as it is today for mainframes.

The future of semiconductor technologies also is being created in the Hudson Valley, from Yorktown Heights to Albany and beyond. In Albany, a unique public-private semiconductor ecosystem is where IBM last year announced the first 2 nanometer chip technology, one of the semiconductor industry's biggest breakthroughs of the last decade. The expansion of Albany's collaborative innovation model could be a foundation for the National Semiconductor Technology Center (NSTC) that will be implemented as part of the CHIPS and Science Act.

IBM's announcement today builds on and expands these investments in the future of American innovation, and will fuel economic growth and job opportunities for people of all backgrounds to work with cutting-edge systems and accelerate the pace of discovery across the Hudson Valley.

About IBM:
ibm.com

Media Contacts:

Ashley Bright
brighta@us.ibm.com

Miki Carver
miki.carver@ibm.com

View original content to obtain multimedia:https://www.prnewswire.com/news-releases/ibm-and-ceo-arvind-krishna-welcome-president-biden-to-poughkeepsie-site-company-plans-to-invest-20-billion-in-the-hudson-valley-region-over-10-years-301642177.html

SOURCE IBM

View original content to obtain multimedia: http://www.newswire.ca/en/releases/archive/October2022/06/c7055.html

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Wed, 05 Oct 2022 21:15:00 -0500 text/html https://www.benzinga.com/pressreleases/22/10/n29163751/ibm-and-ceo-arvind-krishna-welcome-president-biden-to-poughkeepsie-site-company-plans-to-invest-20
Killexams : Biden touts IBM's $20B investment in New York

Oct. 6 (UPI) -- President Joe Biden spoke Tuesday in Poughkeepsie, N.Y., and touted IBM's announcement that it plans to invest $20 billion across the Hudson Valley on research and development initiatives over the next 10 years.

Biden hailed the investments and said that the supply chain crises during the COVID-19 pandemic have made Americans more aware of the issue. As a result, he has pushed for more semiconductor manufacturing to come back to the United States.

"As we saw during the pandemic, when factories that make these chips shut down around the world, the global economy literally comes to a screeching halt," Biden said. "More Americans have learned the phrase 'supply chain.' Well, guess what? The supply chain is going to start here and end here, in the United States."

The IBM announcement comes after Micron said Tuesday it will build a $500 million semiconductor fabrication facility in New York.

The announcements highlight the recently signed Creating Helpful Incentives to Produce Semiconductors and Science Act, also known as CHIPS, that Biden signed into law in August, which provided financial incentives for companies to build semiconductors critical to many components today in the United States.

"IBM is deeply honored to host President Biden at our Poughkeepsie site today and we look forward to highlighting our commitments to the innovations that advance America's economy," Arvind Krishna, chairman and CEO of IBM, said in a statement.

"As we tackle large-scale technological challenges in climate, energy, transportation and more, we must continue to invest in innovation and discovery because advanced technologies are key to solving these problems and driving economic prosperity, including better jobs, for millions of Americans."

IBM said its Poughkeepsie site has manufactured armaments during World War II and developed the latest generation of mainframe computers. It also builds state-of-the-art mainframe computers that power the global economy.

"The site also is home to IBM's first Quantum Computation Center -- where a large number of real quantum computers run in the cloud," IBM said in a statement. "IBM's vision is for Poughkeepsie to become a global hub of the company's quantum computing development, just as it is today for mainframes."

The Poughkeepsie plant is home to about 3,000 workers while IBM hires more than 7,500 employees throughout the region.

The investment provides a much needed victory for the President, who is dealing with the beginnings of a possible downturn in the economy. Job openings in August fell to their lowest levels since August 2020 and the federal reserve has promised to keep tightening the economy until inflation is under control.

Thu, 06 Oct 2022 04:38:00 -0500 en text/html https://www.upi.com/Top_News/US/2022/10/06/IBM-Biden-investment-CHIPS/4281665067369/
Killexams : Biden set to visit IBM Poughkeepsie plant to highlight $20B expansion plan

President Biden will a fast-growing IBM facility in Poughkeepsie on Thursday to highlight tech investment in the Hudson Valley.

Biden will “deliver remarks on creating jobs, lowering costs, and ensuring the future is made in America” at the IBM facility, the White House said in a statement.

IBM is expected to use the presidential visit to unveil a $20 billion investment plan in the plant over the next decade, including expanding research and development, semiconductor manufacturing, mainframe technology, artificial intelligence and quantum computing.

About 3,000 people work at IBM’s Poughkeepsie plant, making it one of the largest employers in the region.

Biden is also expected to trumpet passage of the bipartisan CHIPS and Science Act, which is designed to boost domestic manufacturing of computer chips and tech investment in the U.S.

The IBM announcement is the second big job-creating coup in upstate New York in accurate days after Micron announced it would build a sprawling new factory near Syracuse.

Biden’s visit is also designed to boost Democrats in the Hudson Valley, traditionally a swing region of deep blue New York state.

Gov. Hochul will join him along with Rep. Sean Patrick Maloney (D-N.Y.) and newly minted Rep. Pat Ryan (D-N.Y.), who is running for a full term in a redrawn district that includes Poughkeepsie.

Both lawmakers are locked in tight congressional races that are considered critical to Democratic hopes of holding the House of Representatives in the midterm elections.

After IBM, Biden will attend fundraisers for Democrats in Red Bank, N.J., and in Manhattan before heading back to Washington, D.C.

Thu, 06 Oct 2022 03:01:00 -0500 en-US text/html https://www.aol.com/news/biden-set-visit-ibm-poughkeepsie-142100522.html
Killexams : Biden Hails IBM’s Plans to Invest $20 Billion in Visit to NY

(Bloomberg) -- President Joe Biden touted IBM Corp.’s plans to invest $20 billion over the next decade in New York, saying it could make the region a hub for quantum computing and resulted from legislation he signed to boost US research and development.

Most Read from Bloomberg

“The Hudson Valley could become the epicenter of the future of quantum computing, the most advanced and fastest computing ever, ever seen in the world,” said Biden on Thursday during a visit to the IBM campus in Poughkeepsie, New York. “It’s technology that is vital to our economy, and equally important to our national security.”

IBM’s investments will go toward research and development and manufacturing involving semiconductors, mainframe technology, artificial intelligence and quantum computing. IBM builds mainframe computer systems at the campus, which also houses the company’s first Quantum Computation Center, one of the largest concentrations of quantum computers.

Biden, accompanied by IBM Chairman Arvind Krishna, met with workers during his visit and was shown a quantum computer. Biden was also joined on the visit by New York Governor Kathy Hochul and Representatives Sean Patrick Maloney and Patrick Ryan.

“I believe the reason why companies like IBM are choosing to build in America is because we’re better positioned globally than we have been in any time in a long time,” said Biden, touting the Chips and Science Act, which provides $52 billion to bolster domestic semiconductor research and development.

Biden signed the measure into law in August, part of an administration effort to reduce dependence on Asian suppliers of semiconductors like Taiwan and South Korea, whose homegrown companies are leading the market, and to ease supply-chain disruptions that raised prices for goods.

With less than five weeks until the November midterm elections, Biden has been stepping up his travel to tout legislative victories, including the semiconductor subsidies and the Inflation Reduction Act -- the Democrats’ climate, tax and health-care package.

Read more: Micron Plans to Invest Up to $100 Billion in NY Chip Factory

IBM has promoted key elements of Biden’s legislative agenda. Krishna attended the August chips bill signing ceremony and the company lobbied lawmakers to pass a bipartisan infrastructure bill that includes funding to build out broadband networks.

The IBM announcement follows one on Tuesday from Micron Technology Inc., which said it plans to invest as much as $100 billion over the next 20 years to build a factory in upstate New York to boost domestic production of memory chips.

Most Read from Bloomberg Businessweek

©2022 Bloomberg L.P.

Thu, 06 Oct 2022 06:30:00 -0500 en-US text/html https://news.yahoo.com/ibm-unveil-20-billion-investment-090000810.html
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