g.e.'o how america will fare under "the art of the deal" president. ♪ ♪ ♪ ♪ ♪ sfx: engine revving ♪ (silence) ♪ you didn't know we had over 26,000 local activities listed on our app. or that you could book them right from your phone. a few weeks ago, you still didn't know if you were gonna go. now the only thing you don't know, is why it took you so long to come here. expedia. everything in one place, so you can travel the world better. you know win control? be this guy. check it out! self-appendectomy! oh, that's really attached. that's why i rent from national. where i get the control to choose any car in the aisle i want, not some car they choose for me. which makes me one smooth operator. ah! still a little tender. (vo) go national. go like a pro. so how old do you want uhh, i was thinking around 70. alright, and before that? you mean after that? no, i'm talking before that. do you have things you want to do before you retire? oh yeah sure... ok, like what? but i thought we were suppose

g.e. will hold its 2017 annual meeting of share holders in asheville, north carolina. the company will also be celebrating its 125th anniversary. g.e. likes to hold its share owners meeting in a different city each year to highlight the company's strong presence in communities across the united states. and it certainly has significant business operations in north carolina. g.e. supports nearly 18,000 jobs in the state. between its direct employees and its suppliers. for every one g.e. job, three north carolina jobs are supported. $7.2 mpany also generates billion in total production output per year in north carolina and compensates employees more than twice the state average. g.e. makes this investment in our great state because it knows that the workers in north carolina, especially those at the g.e. facility in west jefferson in the fifth district, work hard and have a commitment to excellence. thank you, mr. speaker, i yield back. the speaker pro tempore: the gentlewoman yields. for wha

why g.e.ight be pulling the plug on what was once the center of its business. >>> but first a showdown between silicon valley and the white house appears to be defused but it fails to answers some questions. the suit was filed after dhs officials issued a summons demandinging twitter reveal who was behind an anti-trump account. >> the account called alt immigration criticizes the immigration services. it's one of many accounts that mimic and mock government agencies. cbs news justice reporter paula reid has been following the developments closely. she's in our washington bureau. good morning. >> good morning. >> first off, why did the government withdraw its demand to find out who's behind these tweets? >> i read the requests they sent to twitter, and it's not clear why they were looking at this account in the first place, although it does suggest they believe it's legitimate and tweeting out legitimate information. you don't issue a summons for a random twitter account or random twitter troll

it was the first g.e. animal approved for human consumption through this process. the fda didn't have any mandatory labeling requirement. they said, it can be labeled voluntarily. we refer to this g.e. salmon as frankenfish. nobody is going to voluntarily label if as such. the valid question and concern is whether or not this fish should even be called a salmon. there is great fear that lies with these mutated fish that have not gone through a proper eis. the question to you this morning is whether or not you believe be that genetically engineered fish and other animals for human consumption should be approved through the new animal/drug process. i am looking for your commitment to work with me to insure we have a better process and hopefully solution to what many of us particularly in alaska are quite concerned about as a big problem. >> i am familiar with the issue. i wasn't at fda when these issues were adjudicated. i know they have recently issued guidance on this matter. you have my commitment if i am confirmed into this role to work with you on it after i hav

a big wig at g.e. good to see you. >> good to be here. >> neil: do you think this run-up is justified? i can see it may be on the prospects of tax cuts or regulatory relief, but is it really helping us over here? >> i tend to agree with you. you know, the media today is about france. i would see france, talking to some of my colleagues, it's the lack of disruption as opposed to what nigel said, not the upside, the globality of companies not dealing separately with new trade agreements, ex-set that. >> neil: does that help you in your running the multinationals? it's easier to deal with a union than 20 different countries. >> sometimes. sometimes you're disadvantaged. but it's the lack of disruption and uncertainty. the centrist thing is probably positive relative to what we might see extreme over there. talking to the fellow ceos, it's the 15% corporate tax -- >> neil: if that's true, if it pans out, 15%, not 20%, from 35%, that is -- >> that is how long. there's been a quiet period where people -- the

. >> remember that g.e. not doe prosecutors is our most important progress this president wants progress. >> right. >> he is going to put the pressure on these people and i think frankly he's put enough on them already there is incentive on their part to put pressure on themselves. >> he supposedly was putting a lot of pressure on them before the first time around and that didn't seem to have the results he wanted. >> take a step back, think who their voters are. donald trump's strongest age core was senior citizens, 65 and over. the proposal would end medicaid as we know it. a block program. no longer an entitlement, capped by the states. this would hurt older white trump voters. i'm not for hurting anybody. it's bizarre to me, as if they don't understand who their voters are. they seem to be a heat seeking missile going after the less educated less affluent older people who all voted for donald trump. i don't understand it. doesn't make political sense. >> thanks. >>> up next, how sarah palin explained thi

does the guy that used to be a big player at g.e. and home depot agree?s next. >> neil: all right. you never know. we were down 145 points at one point today. a not so efficient start to the new month. we turned that to a 13-point loss. the founder of xlr 8, bob nardelli joining us right now. good to see you. >> good to see you, neil. >> neil: when jack welch was here, he said there's an 80% chance of getting the tax relief through. the markets will love it. i differed with that saying if it's just corporate taxes, i don't know if the markets will like that. what do you think about that? >> i spent a lot of times with jack. i share a different point of view. it's critically important that sometime in the middle of this year, we get a corporate tax rebate or reduction. i think we work on repatriation. but we have to do something for the small businesses. they have to final on a personal basis. we have to give them the same incentive and opportunity that we give the large corporation. god knows it will help us level the playing field. >> neil: if we don't a

first to a group of about 52 ceos, g.e. to jetblue, and then to a large group of builders and union workers. the message was he wants to launch a massive effort for, as he put it, the great rebuilding of america. during both meetings, he unrolled a colorful scroll that his national economic council director had helped him put together. what the scroll demonstrated was sort of the byzantine regulations that builders have to go through right now just to green light road projects paid president trump wants to vaporize what he describes as job killing rules and regulations so onerous that by the time a company got final approval through the entire move, sometimes the company has gone out of business. his infrastructure plan is not just for roads and bridges. cited a plan to overhaul the nation's air traffic control system, power grid, seaports. he warned it has to be a quid pro quo. he will get rid of red tape but he told those in attendance time would be of the essence, saying if you are not prepared to start any project withi

they look at the g.e. meeting, and south korea, they say i hope the politicians can square it away.w can they not it up over the next 48 hours? guest: they can not mess it up by having a cordial and congenial meeting. if we come out of the meeting feeling like they have a dialogue, that will be enough for people to feel good. one of the reasons people are going in with some confidence is that people are still hanging on globalist, capitalist statement that davos where he gave a speech one might expect an american to give. em iser: it feels like more stable than developments. are you hearing that from investors? they want the yield and safety? guest: there are a number of investors who say that emerging markets field more stable than developed markets. they're looking for the pickup that em offers and in many cases, em is decoupling from dm. they trade with europe and around asia. it is not about what india is doing anywhere else. india is almost purely a domestic story. that is why you see people investing in things like the msc i, but taking a step back and redeploying that money i

barely lands he gets out kisses ground says i'm never trying again so for 20 years, so when he was with g.e all of those years you know you remember ge theater but hosted but also had his contract and had to go to ge theater factories around the country and give talk with employee and give motivational speeches and at the time hundreds of g factories all over the united states. so he would only travel by train, so going from los angeles to boston -- it he doesn't go to the club card and chase and not drinks with other businessman but he gets a private compartment and he loads in article, and the whole time traveling across the country he's in there reading by himself. and years later a friend of mine edwards who is official for the american conservative movement was doing an interview with reagan in the 60s out in los angeles at the house in palisades. while he was waiting there he was in the library, and hundred was books there, he starts pulling out books and every one of them -- passage underline dog year, notation and didn't use books as decoration but books to teach himself. so he is a

it's not over. >> reporter: when we were here back in january, scott slauson, the head of g.e.' you told me that half of the union membership, were voting for trump. why haven't democrats filled this vacuum? >> that's a good question. >> reporter: have any of the democrats called you and asked why did this happen? >> not one. it goes back to the reason that donald trump won. politicians stopped listening to the little people. >> i lost my job. i'm in my 40s. i have to go back to school to be retrained to find something to support our family. they don't know what that struggle is like. >> reporter: back in february, dave hoped to see some results after 100 days. >> you know, i would like to see at the 100-day mark that ground has been broken on this new plant or they started looking at hiring. >> reporter: do you see enough news and information about his efforts on jobs? >> probably not. but i think there's a lot bigger, hotter topics right now, between syria and korea and all of that. >> reporter: do you think that donald trump can win erie again if he doesn't do something notic

g.e.n further cost cutting which maybe is a theme we can do here with jacob frankel and alice. right now to london with our news. >> in france, that shooting on the streets of paris is having an impact on sunday's presidential election. some of the candidates have ended their campaigns a day early. far right marine la pen wants radicals detained or expelled. another contender said he'd ask for 10,000 more police. it occurred on the champs-elysees where a gunman killed one police officer and two others wounded and the attacker killed by police. islamic state claimed responsibility. in washington, the white house budget director says president trump plans to propose pending $200 billion in taxpayer money on an infrastructure building program. nick mulvaney said it would leverage private funding taking the program to a trillion dollars. the plan won't be ready until this fall. the white house and republicans in congress will try another vote to repeal obamacare. a white house aide says the ad