Obama meets with business leaders (WSJ)

WASHINGTON — President Barack Obama pressed 20 executives head Wednesday to suggest policies that could foster their "begin investing in the creation of enterprises working."

Meeting at Blair House, across the street from the White House, was part of the administration to repair relations with the company of America, ravaged by disagreements on politics and the presidential rhetoric.

Reuters President Barack Obama

Business entrepreneurs have opposed health revision administration efforts to tighten regulations and moves to increase tax revenues overseas.

The White House continues an offensive with the largest U.S. luxury employers in recent weeks, hoping to convince to plow some $ 2 trillion in cash that they are sitting on expansion and the United States hiring.

Invited leaders frequently visited the White House in the past and many serve as presidential advisers. The group convened in the morning and worked by lunch, where chicken and fish are served. The meeting ended around 2 a.m. and executives have been collected in a series of interviews for TV orchestrated by the White House.

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Representatives of administration or several participants offer examples specific to the President, advice or concrete proposals from the White House.

Robert Wolf UBS said that innovation, trade and exports and education and vocational training occupy much of the discussion. He said that the Group decided to assign senior groups working on these issues in coming weeks, as well as infrastructure, energy and tax, a flashpoint of multinational companies, whose leaders have fought the proposals raise foreign income tax administration.

"It was very clear that a working group needed really look at the tax policy and where there may be some common ground, a neutral sum as well as recipes for games and tax implications", said Mr. Wolf.

Motorola Inc. Director General Greg Brown said growing business and business-friendly benefits going administration - mainly work to move South Korea trade agreement - have contributed to a "constructive" atmosphere

"Okay, now what? Mr. Brown said on MSNBC. "Continue on with free trade, either the Colombia Panama, transpacific partnership agreements."

Business leaders have complained that they have been deterred new investment, through the efforts of the administration of the Obama intensify control in various fields and the uncertainty of the tax policy.

But some of them join economists saying slack demand was a reason for reluctance to invest in the United States company

A quarterly survey of 140 leaders released this week by the Business Roundtable provided a cause for optimism, with 80% of respondents saying: they expect sales to increase over the next six months, compared to 66% in the last quarter survey.

Nearly half of-45% - executives should hire over the next six months, compared to 31% who said this last quarter.

Republicans rejected the meeting as a "nothingburger".

"The question is whether President Obama is accessible to entrepreneurs, but rather, whether it is listening and then act on their advice," Republican leader John Boehner House said in a release.

Agreement Korea, Mr. Boehner said, is "alright,." except the President did not pushed Congress to act on the similar pacts with the Colombia Panama despite multiple that promises

-Jared Favole contributed to this article.

Write toElizabeth Williamson at elizabeth.williamson@wsj.com