The Obama administration is making businesses feel “unloved” and reluctant to put money to work, hampering the U.S. economic recovery, the chief executive of U.S. conglomerate Loews Corp., which owns CNA Financial among other companies, said Wednesday.

Companies are hunkering down amid uncertainty about the future cost of doing business and are further unnerved by the Obama administration’s response to the BP Plc oil spill, CEO James Tisch told Reuters in an interview. Get the full story »