President Obama told chief executives yesterday that avertingthe fiscal cliff was job No. 1, the New York Timesreports. The president signaled his support for business tothe dozen leaders who attended yesterday's 90-minute meeting at theWhite House, but he shied away from specifics on how acompromise can be reached. Some business leaders had the impressionthat more detailed proposals would be forthcoming.

“I'd say everybody came away feeling pretty good about the wholediscussion,” said David M. Cote, chief executive of Honeywell,according to the Times. “Now, all of us are C.E.O.'s, sowe've learned not to confuse words with results. And that's what westill need to see.”

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