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Blog Category: Business

Secretary Lock Gives Keynote at MED Week, Follows White House Event for National MED Week Awardees

MED Week logo. Click to go to MED Week Web site.

Secretary Gary Locke laid out the Obama Administration’s strategy to expand opportunities for minority businesses. In his keynote, Locke outlined how the President’s Recovery Act is giving businesses access to billions of dollars in loan guarantees, and how it seeks to reorient America’s energy policy towards providing new manufacturing jobs in clean energy. Locke called for reform of the healthcare system so that small- and medium-sized businesses can better afford health benefits for their workers. On Wednesday, Secretary Locke and Vice President Joe Biden congratulated the 2009 National Excellence in Minority Business Award Winners at a reception at the White House. (Remarks)

Earvin "Magic" Johnson to Keynote MBDA's Annual MED Week Conference

Earvin “Magic” Johnson will keynote the Minority Business Development Agency’s (MBDA) National Minority Enterprise Development (MED) Week Conference in Washington, August 26-28. Also participating as speakers will be U.S. Commerce Secretary Gary Locke, new MBDA National Director David Hinson, and Small Business Administration Administrator Karen G. Mills. The conference will focus on fostering innovation, competitiveness and opportunities for minority businesses to retool and rebuild America’s infrastructure under the American Recovery and Reinvestment Act. (More) (Registration)

Locke Addresses U.S.-UAE Business Council, Highlights Promising Economic Opportunities

Locke behind lectern with flags behind him.

U.S. Secretary of Commerce to the US-UAE Business Council about the bilateral economic and security relationship that has continued to develop between the emirates and the United Sates. Secretary Locke addressed the promising business opportunities available to U.S. firms resulting from a proposed civilian nuclear arrangement. He also explained how the proposed agreement might serve as a model for civilian nuclear cooperation between the U.S. and other Middle Eastern nations. (Remarks)

Secretaries Locke, Napolitano and Sebelius Announce Flu Season Guidance for Business and Employers

Cabinet secretaries on stage anouncing guidelines. Click for video of press conference.

Commerce Secretary Gary Locke, Homeland Security Secretary Janet Napolitano and Health and Human Services Secretary Kathleen Sebelius held a joint news conference to announce new federal guidelines to help employers and businesses prepare for and respond to the upcoming flu season. The event is part of the federal government’s continuing efforts to prepare Americans for an influenza season that will include the H1N1 flu. Rear Admiral Stephen Redd from the Centers for Disease Control and Prevention and Department of Labor Deputy Secretary Seth Harris will also be on hand to answer questions. (More on Guidance) (Press Conference Video)

Secretary Locke Announces $7.6 Million in Recovery Act Grants to Create Jobs, Boost Development in Four States

Picture of construction site for railway infrastructure improvement. Click for larger image.

U.S. Commerce Secretary Gary Locke announced $7.6 million in Economic Development Administration (EDA) American Recovery and Reinvestment Act (ARRA) grants to help four states boost private investment and create new jobs. The grants will: establish a bio-medical manufacturing and business park in Illinois; develop an industrial area in Florida; provide rail service to a technology park in South Carolina and expand an industrial park to accommodate new and existing industry in Michigan.

Locke Travels to Massachusetts, Highlights Administration Commitment to Economic Recovery, Focus on 2010 Census

Secretary Locke with technician at Cambridge Innovation Center. Click for larger image.

Secretary of Commerce Gary Locke traveled to Massachusetts to highlight the Obama administration’s efforts to turn around the economy by supporting innovation and spurring clean energy job growth. In Cambridge, Locke held a town hall meeting with local business leaders and toured the Cambridge Innovation Center, as well as the Genzyme Corp. headquarters building, designed in an environmentally friendly way. In the evening, Locke addressed the annual national convention of the Asian American Journalists Association in Boston, focusing on the 2010 Census and its profound effects on the future of U.S. residents and communities. (Remarks)

Commerce Secretary Gary Locke Visits Tampa for Town Hall and NABJ Convention

Locke speaking before audience with Census 2010 logo.

File Photo

U.S. Commerce Secretary Gary Locke visited Tampa today to hold a town hall meeting on trade and discuss the 2010 Census at the National Association of Black Journalists (NABJ) Annual Convention. The town hall was held at the Tampa Port Authority, where Locke and local business leaders addressed the Department’s trade priorities and the administration’s commitment to grow U.S. exports across the economy. At the NABJ convention, Locke emphasized the importance of Census participation and the critical role journalists can play increasing awareness about the decennial count. (Remarks)

Dennis F. Hightower Confirmed as Deputy Secretary of Commerce

Image of flag flying from facade of U.S. Department of Commerce's Herbert Clark Hoover Building

The U.S. Senate confirmed Dennis F. Hightower as Deputy Secretary of Commerce by unanimous consent. Hightower, a seasoned business executive with a 40-year career in the public and private sectors, takes over general management of the Department of Commerce, an organization with nearly 38,000 employees and an operating budget of over $17 billion. “I am grateful to the Senate for moving quickly to confirm Dennis Hightower, and I’m thrilled to have him on board.” Commerce Secretary Gary Locke said. “His management expertise and strong leadership skills will be a valuable asset to the Commerce team as we work to make American businesses more competitive and strengthen the economy. (More)

Census Bureau: U.S. Business Employers Add 100,000 Establishments in 2007

U.S. Census Bureau seal.

United States businesses with employees added more than 100,000 establishments in 2007, bringing the total number to 7.7 million and adding more than 650,000 employees to their payrolls. Overall, employees of businesses in the United States earned more than $5 trillion in annual payroll in 2007, up from $4.8 trillion in 2006. These economic numbers come from County Business Patterns: 2007, an annual report that contains data covering establishments with paid employees at the national and state levels, and in more than 3,100 counties. (More)

Secretary Locke Meets with Chinese Leaders in Beijing

Pictured seated are Locke, Energy Secretary Steven Chu and State Councilor Liu Yangdong at the Great Hall of the People. Click for larger picture.

U.S. Commerce Secretary Gary Locke met with China’s Minister of Commerce Chen Deming in Beijing today. It was the second meeting between Minister Chen and Secretary Locke. They had a productive dialogue about shared priorities and issues of mutual concern, agreeing on the importance of building a positive and cooperative relationship that strengthens trade and creates jobs in the United States and China. Pictured here are Locke, Energy Secretary Steven Chu and State Councilor Liu Yangdong at the Great Hall of the People. Locke also addressed the American Chamber of Commerce and U.S. China Business Council in Beijing. (More) (Remarks)