Mar 28, 2017

Red Hat CEO says businesses remain confident under Trump

Ina Fried

While it saw a brief delay in some government spending late last year, Red Hat says that business has resumed and corporations are continuing to invest heavily.

"There's right now a sense of business confidence that is driving the stock market but also investment plans by companies," CEO James Whitehurst told Axios on Monday. "If anything, it's more positive than its been in years."

Whitehurst's comments came in a phone conversation following the open source software company's better-than-expected quarterly earnings report.

When it comes to when to join tech companies in speaking out against the Trump Administration and other political topics, Whitehurst said he and North Carolina-based Red Hat are trying to strike a tough balance. Whitehurst has been personally outspoken against the travel ban and North Carolina's anti-LGBTQ HB2, aka the "bathroom bill," while the company has been more measured.

As for HB2, which has cost the state billions, Whitehurst said it hasn't hurt Red Hat, but has led some employees to choose to work at other company locations. "I do think it has hurt North Carolina," he said.

Go deeper

Axios

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 8:30 p.m. ET: 1,197,405 — Total deaths: 64,606 — Total recoveries: 246,152 — Map.
  2. U.S.: Total confirmed cases as of 8:30 p.m. ET: 308,850 — Total deaths: 8,407 — Total recoveries: 14,652 — Map.
  3. Public health latest: CDC launches national trackers and recommends face coverings in public. Federal government will cover costs of COVID-19 treatment for uninsured. The virus is hitting poor, minority communities harder and upending childbirth.
  4. 2020 latest: "We have no contingency plan," Trump said on the 2020 Republican National Convention. "We're having the convention at the end of August."
  5. Business updates: Restaurants step up for health care workers. Employees are pressuring companies to provide protections during coronavirus.
  6. Oil latest: Monday meeting among oil-producing countries to discuss supply curbs is reportedly being delayed amid tensions between Saudi Arabia and Russia.
  7. Education update: Many college-age students won't get coronavirus relief checks.
  8. 1 🏀 thing: The WNBA postpones start of training camps and season.
  9. What should I do? Pets, moving and personal health. Answers about the virus from Axios experts — What to know about social distancing — Q&A: Minimizing your coronavirus risk.
  10. Other resources: CDC on how to avoid the virus, what to do if you get it.

Subscribe to Mike Allen's Axios AM to follow our coronavirus coverage each morning from your inbox.

Keep ReadingArrowUpdated 18 mins ago - Politics & Policy
Rebecca Falconer, Orion Rummler, Marisa Fernandez

U.S. coronavirus updates: Death toll surpasses 8,200, case count tops 300,000

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Andrew Witherspoon/Axios

Recorded deaths from the coronavirus surpassed 8,100 in the U.S. on Saturday, per Johns Hopkins data. The death toll in the U.S. has risen over 1,000 every day for the past four days, since April 1.

The big picture: Trump said Saturday that America's "toughest week" is ahead. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, said the country should expect to see deaths continue to increase in the next week.

Go deeperArrowUpdated 3 hours ago - Health
Axios

World coronavirus updates: Spain tracks more cases than Italy

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens and confirmed plus presumptive cases from the CDC

Spain overtook Italy in its number of coronavirus cases on Saturday. The global death toll has surpassed 62,000, per Johns Hopkins data.

The latest: About half the planet's population is on lockdown amid the coronavirus crisis. Fatalities are exponentially increasing across Europe, with roughly half of deaths worldwide located in Italy and Spain.

Go deeperArrowUpdated 7 hours ago - Health