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Biden to meet on U.S. economy with CEOs from IBM, Target, other companies

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Victor Reklaitis is a Washington Correspondent for MarketWatch. During his time at MarketWatch, he also has served in roles in the London and New York newsrooms. Prior to joining MarketWatch, he worked at Investor’s Business Daily and for newspapers in Virginia.

President Joe Biden on Thursday is slated to talk about the U.S. economy with chief executive officers from large U.S. companies such as IBM and Target, with the meeting coming as his administration continues to deal with persistent inflation.

The execs due to meet with the president at the White House around 4:30 p.m. Eastern are Bechtel Corporation’s CEO and chairman, Brendan Bechtel; Exelon EXC, -0.61% CEO Calvin Butler; General Catalyst’s chairman and managing director, Kenneth Chenault; IBM’s IBM, -0.83% CEO and chairman, Arvind Krishna; Otis Worldwide’s OTIS, -0.38% CEO and president, Judy Marks; Target’s TGT, +1.01% CEO and chair, Brian Cornell; and TIAA’s CEO and president, Thasunda Brown Duckett.

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