larry peters, owns several mcdonald's restaurants: :46-:51"with everything going on - we thought it was real important to show our support for our local officers." 3 peters says it's the least he can do since police officers put their lives on the line every day. winter is here! and we want to make sure you're prepared. michael has some tips from an expert. hey michael. 3 you're watching the cbs 58 is to have your pipes burst or the heat go out. we want to keep you worry free from all of this. this. cbs 58's michael schlesinger is speaking with a plumbing and building expert to help you avoid a major headache!hi, michael. 3 jacob andersen/plumber 3 a wind chill advisory has been issued for southeast wisconsin. meteorologist justin thompson gee has the details. justin? pm tonight to 10:00 am thursday today: mix of sun and clouds and very cold. highs in the middle teens. windy with gusts to 30 mph making it feel below-zero all day. wind chills: 00 to -200.tonight: clear and cold. lows below- zero. breezy with a northwest wind 10-20 mph. wind chills: - 150 to -250.rest of the week: sunny a

the good stuff, larry peters owns several mcdonald's restaurants in michigan.e wanted to do something special for some very important people in his community. >> we have a lot of respect for what they do in the communities. you know, they put their lives on the line every day that they go to work. >> who's that? any police officer, that's who. anyone who visits one of his locations is offered a free meal of their choice. larry says it's his way of thanking them for protecting the community. >> the last year or so, with everything going on, we thought it was real important to show our support for our local officers. >> and not just for the holiday season. larry says he's going to be offering this to police officer, period. >> that's awesome. >> right? >> that is a great -- >> got a small business. he's making a stand. ordinary guy doing something extraordinary. >> that's a great story. all right. late night comics taking on mr. trump's cabinet picks, and of course his meeting with kanye west. here are your late night laughs. >> donald trump's pick for secretary

i hope he puts larry kudlow at cea, peter navarro as head of trade policy clears that away, and that would be a very good pick. larry is rich too but really smart and knows economics. you know, gary cohn, the number two guy at goldman sachs was appointed the head of nec national economic council. i think that's a bad choice, not because he's rich but ideologically he's a progressive. one of the good things about donald, being rich, he's not counting against you, so to speak. lauren: thanks, charlie. david: he's appointing successful business people to head the economy and appointing very successful generals and admirals to deal with security. the security of this nation. donald trump is meeting with some of those generals and admirals right now. we're awaiting him to come out and talk about his meeting about the future of security in this country, particularly relevant in light of the attacks going on in europe and fears of similar attacks happening here, not on his watch. he's going to say. of course, he's not president yet, but he has been putting the team in place. top generals and

executives scheduled to attend are tim cook and larry page, along with venture capitalist and trump supporter peter thiel. >> bill gates already had a chance to speak to president-elect trump. the microsoft cofounder recalled his recent conversations with donald trump. >> i had an opportunity to talk to him about innovation. a lot of his message has been about things where he sees things not as good as he would like, but in the same way that president kennedy talked about the space mission, got the country behind that, whether it's education, stopping epidemics, health breakthroughs, finishing polio, and in this energy space there could be an upbeat message that his administration will organize things, get rid of regulatory barriers and have american leadership through innovation be one of the things that he gets behind. >> bill gates may have struck a note of cautious optimism on the incoming trump administration, however the president-elect's latest cabinet pick is already stoking divisions within his own party. kristen welker has the latest. >> reporter: tonight president-elect donald trump like

larry page, c.o.o. of face sheryl sandberg and over here peter thiele, one plaintiff trump's biggest supporters in tech who helped arrange this meeting and next to thiele is tim cook right there and next to him oracle's sava katz. also interest, none of them spoke with reporters when leaving. the vice president-elect pens tweeted productive as many mitt today with tech leaders focused on job creation and innovation. larry and ama? >> thanks so much, kristen. >>> today's decision by the federal reserve says a key interest rate could be the start of a trend. today's quarter of a percent of a hike marks the second time the fed has raised rates in more than ten years. the last time was six months ago. the fed board had delays a rapid rate increase to help stimulate economic activity by making it cheaper to borrow. >>> investors fully, pektsed the rate hike and even so stocks fall across the board. the dow dropped more than 118 points after flirting with the 20,000 mark for a brief time today. the nasdaq lost 27 points and the s&p 500 fell 18 points. >>> amazon is now testing a system that delivers packages

our guest host is peter boockvar. larry lindsey was on yesterday. is he your boss?h him? >> i did, i did. >> got to watch the boss. >> he doesn't have to watch you though. >> no. >> the nasdaq, the russell 2000, dow transports all logged new highed y yesterday's session. let's get a check on the futures right now. you can see we're indicated now up 63 points. it was 300 two days ago. no pullback or consolidation after that. we added on another, i don't know 60 or so yesterday. up 16 now in the nasdaq. and the s&p also indicated up. europe is green but barely. except in italy which did trade already got some gains after what wasn't a surprise vote. it was sort of in the news. i'm surprised that europe hasn't followed us. what's europe up since november 9th? nothing, right? the average? up a little, but not up 8%. not up 7%. >> and they're still well -- the dax is still a thousand points off its highs of last year even with all the qe in europe. >> right. qe doesn't -- qe is like scatter shot. it's not that effective. there's nothing like the prospects for real growth

trump is unsure about possibly naming larry kudlow to have the white house economic advisers. another possible contender includes peter navarro. back to you in new york. nicole: the presidential election is history that families continue to argue about results as we head into the heart of the holiday season. according to the fox news poll last night, just over half, 51% say they have arguments with friends or family about the election. voters are divided by 77% see in the country is a dysfunctional family breaking apart. only 18% say it's a tightknit family emerging stronger from challenging times. democratic leader chuck schumer is cleaning house in the media department. the new york democrat has fired nearly everyone on this video team. senate democrats need to refocus their message on sharper videos. just before the holidays had worked in the upper chamber by two decades. back on track. growing at its lowest rate since last year according to the estimate and manage the rising debt as well. a slowdown of birth had a slight drop in immigration of contributed to just 8.7% increase to just over 323 million. that is the

peter teal will be on hand. he's a billionaire investor. other leaders include tim cook, microsoft ceo, ceo larry page of alphabet,. >> i think it's just a get acquainted session, they don't know each other, the technology community, the silicon valley, president-elect, they've had no substantial decide -- die logan. >> reporter: the valley has been very critical of trump. the meetings's agenda is not public, but boosting u.s. jobs is a priority. he said he would get apple to build the iphones in the u.s. and targeted amazon for its low taxes. >> all the tech issues were mostly ignored in the long cam patient, immigration -- campaign, knew trade, all of these things now have to come to the front. >> reporter: the all going: >> they might agree on the corporate tax rate. he said he plans to lower it from 35 to 15%. betty yu. kpix5. >>> a man on a bike, knocks over a pedestrian. he appears to help the guy out, but there's a twist. >> cross country reunion. the unlikely circumstances that the unlikely circumstances that brought together a bay , and you're talking to youro doctor about your medicatio

peter thiel will be on hand. he is a billionaire investor. other leaders include apple ceo tim cook, microsoft's ceo, ceo larry page of google, sheryl sandbergnd jeff bezos. >> it's going to be a get acquainted meeting. they really don't know each other, they have had no substantial dialogue. there wasn't anything happening on the campaign trail. the president trump didn't spend anytime in california. >> reporter: the valley has been very critical of trump. the meeting's agenda is not public. but the president-elect said on the campaign trail that boosting u.s. jobs is a priority. he said he would get apple to build its iphones in the u.s. and targeted amazon for its low taxes. >> all of tech issues were mostly ignored during the campaign, immigration patriation, net neutrality, now have to come to the fore. >> reporter: among those not going the ceo's of uber, airbnb, netflix and "salesforce." one topic that the tech giants and trump will agree on, the corporate tax rate. the president trump has said consistently that he plans to lower it from 35 to 15%. in san jose, betty yu, kpix 5. >> kellyanne conway says she politely declined an offer

peter navarro causes he to think it may be. i hope i am wrong about, that i hope apointed larry kudlow as economic advisor, and thin has an idealogicalmework, for when you tax more of something you get less, we'll generate promis profit out of that thinking that would be a more stim lative part of the platplatt -- platform. >> maybe we're looking at this wrong with too many cooks in the kitchen. but maybe there is a wealth of opinions coming in to make it a better stew in the long run. >> i believe that is an astute point. he almost creates chaos. he lives off that and he finds the path. david: coming up president-elect trump's plans to roll back financial regulation may not be such good news for all banks after all. we discuss it coming next. david: president-elect trump may have negotiated a deal with boeing ceo, but boeing is making a deal with middle eastern buyers, we'll tell you who after this. t. rowe price. invest with confidence. you totanobody's hurt, new car. but there will still be pain. it comes when your insurance company says they'll only pay three-quarters of what it takes to replace it. what are you supposed to do? d

peter newsom met with concerned business owners on the same block. the police department is increasing patrols there. larry: d.c. council held their first vote on a bill for paid if it passes it will be the most generous of its kind in the country. the bill would allow for up to eight weeks of paid leave to care for a sick relative. today's meeting begins at 10 a.m.. autria: the countdown is on, we are two days away from the grand opening of the new mgm casino, where sam sweeney has already been inside and joins us with more on his sneak peek. sam? sam: spent a billion dollars to grab your attention. to call it visually stimulating is an understatement. this facility is being marketed as an entertainment complex. there is a 3000 foot theater inside, high-end shopping and a number of restaurants inspired by celebrity chefs. this is opening just two years after a similar property in atlantic city ended in disaster. you may remember the revel casino, also marketed as an entertainment complex rather just two years after opening and remaining closed today after filing for two bankruptcies. yesterday i sat down

larry page and amazon's jeff bezos, all are expected to attend. it should be noted that the meeting was organized by one of the few silicon valley trump supporters, peterel. topics include the stance on immigration, a critical issue for the venture industry. for "nightly business report," i'm josh lipton, san francisco. >>> sumner redstone and daughter sherry pulled the rug out between a possible merger. that's where we begin tonight's market focus. national amusements, the red stone family holding company, which holds the majority voting stake in via com and cbs, said it was not the right time to merge the two media properties. it added, it is optimistic about via com's future, given the recent management changes there. shares of via com tumbled more than 9% to $34.9 the 9. cbs down to $62.18. >>> chipotle said it will only have one ceo from now on. the burrito chain said monte more ran will step down immediately, leaving instead st as the sole ceo. chipotle said the board of directors wanted els, given the ongoing challenges facing the company. and following the news, shares rose 3% to $382.48. >>> pfizer is raising its quarterly dividend to 32 cents

peter thiel will also be there. other confirmed guests include apple's ceo tim cook and microsoft's ceo sa tia nadella. larryoogle's parent company alphabet will be there. facebook's sheryl sandberg, amazon's ceo jeff bezos, and intel's ceo brian krenatchit. >> they have had no substantial dialogue with president-elect trump. there wasn't anything happening on the campaign trail. the president-elect didn't spend anytime in silicon valley. >> now, the agenda for that meeting is not public. the president-elect did say on the campaign trail that boosting u.s. jobs is a priority. donald trump said he would get apple to build iphones in the u.s. and targeted amazon for not charging taxes in some states. president-elect trump announced this morning that he will nominate exxonmobil's ceo rex tillerson for secretary of state. there have been rumors about this. now it's official. tillerson has business with russia with oil in the arctic. vladimir putin gave him the highest honor for foreigners 2014. tillerson's selection is adding to speculation over recent accounts of russian influence in the presidential election.

country's biggest leaders, tim cook, jeff bezos, elon musk, larry page, cheryl samburg, you see some of them there. long time supporter peterel orchestrated the event and shaped the guest list. coincidentally not invited to this meeting executives from twitter a transition aide saying on your shore repatriation offshore money indeed one of the topics discussed. mr. trump started gathering saying he wants an open door policy. >> anything we can do to help this go along and we're going to be there for you. you call my people, you call me, doesn't make any difference. we have no formal chain of command around here. reporter: many from within the president-elect's top inner circle were in the meeting including his adult sons. mr. trump said they will be the ones from here on out to run the trump organization. that had some critics saying this is another potential conflict of interest. kellyanne conway last night called that criticism, quote, unfair. meantime, maria, mr. trump hits the road as next stop of the thank you tour will take him to hershey, pennsylvania. maria. maria: blake, thanks so much. we'll be live following him

larry kudlow. so there will be a debate. >> we're still looking for a trade rep. the question is what that trade rep will do if you have people like wilbur ross and peter navarro dominatinghe trade conversation. >> absolutely. fedex was asked about it on the call, worried about it. trade is so important. nike was asked about it on the call. said it was too soon to tell. >>> president-elect trump says he will work with boeing and lockheed martin to reduce costs on defense projects including a new air force one. he met with both yesterday. >> we will get it done for less than that. we are committed to working together to make sure that happens. i was able to give the president-elect my personal commitment on behalf of the boeing company. this is a business that's important to us. we work on air force one because it's important to our country. we'll make sure he gets the best capability and that it's done affordably. >> in a statement, lockheed martin's ceo called the meeting productive. said she conveyed lockheed's commitment to delivering an affordable aircraft to u.s. military and allies. looks like trump got what he wanted from boeing. lowering the costs on that. it's s

and peter mayhew wrote thoughts hand prayers for our friend and everyone's favorite princess right now. carrie fisher. fisher recently published an autobiography titled "the princies di pararist." larry, ama? >> thanks so much, dan. turning to our weather now. get ready for a cold and wet weekend. this is a live look at mt. tam where you can see the wind is blowing right now. >> heavy rains fell all across the bay area most of the day. driving conditions slick and windy, especially while crossing the bridges. you can see a tree there that fell on pershing drive in san leandro and if it's raining here that's got to mean snow in the mountains. >> check out this live look at heavenly money than resort where the snow continues to fall and a winter storm advisory is in effect through tomorrow morning. >> we have team coverage for you. abc 1 news reporter wayne freedman will be joining us live in the north bay and we start with meteorologist drew tuma and a look at the income. drew? >> larry and ama. what an active morning we had and still at this hour showers dotting the landscape. let's thank you right down the street level into the south bay we go. live doppler 7 showing for the most ma

larry page, and facebook's sheryl sandberg. all-star lineup. bezos was a question mark because of the public spat between him and trump during the campaign. much of silicon valley say peter thiel was broadly opposed to trump during the campaign, this week will be the first chance for the tech sector to get an indication how the trump administration might work on immigration, information security, taxes, trade, and diversity. the meeting's agenda, as well as timing and location, are still unclear, and another source over the weekend tells me it's not even clear that trump himself attends. he says that it's likely to be a reince priebus, jared kushner, and peter thiel with mostly older tech names. i can also confirm uber's ceo was invited, though he will not be attending. carl? >> deidre, thank you very much for that. you want to be a fly on the wall, too? >> i don't know what's going to happen in that meeting. so many of these things that have been going on in the transition have been more for show than for substance. >> better than the alternative of no meeting. >> well, i agree with that, i agree with that, but it's not at all clear what they have to discuss, because un

larry gatlin, gatlin brothers. ricky skaggs. the show will be great. get tickets. >> we're all groupies. >> petersolutely. fox news alert we're learning more about the meetings today with the president-elect. they could tell us a lot about his agenda. speaker of the house paul ryan will be at trump tower as the trump team taps another big-time ceo for a key cabinet position. a lot to do on friday. we made it through the week. i'm bill hemmer. welcome back to "america's newsroom." melissa: thanks for having me. i'm melissa francis in for from the corner office to the cabinet, andy puzder getting nod for labor secretary. he is the ceo of company that runs hardee's and carl's, jr. bill: exxon ceo rex tillerson is

through wilbur ross and peter navarro in various economic positions, where are the supply siders that help develop your plan? where is the arthur laffer? the steve moore? where is larryudlow. neil: where is steve moore in this? >> he would like larry to get a the fact that larry kudlow is not in there is driving supply siders nuts right now. they're saying like where is our -- how dare you, donald trump, the guy -- we stood by you during the administration, during a very crazy campaign, we helped develop your economic claim. gary cohn would never write economic text. a little dr. evil. i could see larry kudlow like this or arthur laffer like this. neil: he won't get it, vit feeling. >> you don't think so? i don't either. i don't know, maybe it's not going to come out. trump in private conversations has been raising questions about him that makes you think he's clearly leaning against a point in the cabinet, it's not so much cohn ditching it, i hear it's wilbur ross, the protectionists against china. larry won't go for that. neil: a lot of the goldman guys are going on the administration, goldman is paying whatever moneys they're owed, bonuses, money that would go ove

larry page, alphabet, google. and we have the ibm ceo. and intel ceo. oracle ceo and the rumor is it's hard to get it done and peter thiel. do a lot persuading to get to trump tower, almost unformally the bulk were anti-trump they were all hillary and you can be sure it's another fly on the wall moment. stuart: you're right on all counts except i bet you peter thiel said, get over here. liz: you too, jeff bezos. stuart: am i so wrong, scott? here we have silicon valley, they detested donald trump and now he wan the election and they're told get over here! they want more visas for high quality personnel and donald trump wants to bring back that money. where am i going wrong, keith fitz? >> you're not going wrong. they need to go over there, they bet on the wrong horse and they need to deal with it, and stop acting like petulant kindergarteners. get over to trump tower and meet with the guy. stuart: you better be careful. you're on the left coast. son. >> request they take any other elevator except the service elevator, i'll be upset. [laughter] >> this is so good. isn't it. i have to go and look at disney and focus on espn

attend, the man who put this together, peter thiel, bet on trump early and was one of the few in silicon valley. cheryl sandberg will join the group. elon musk, larry page and eric schmit, one notable absence, jack dorsey, the man who invented twitter, trump's most used social platform has not been invited this comes one day after dorsey did a q&a session with whistle-blower eric snowden. >> you have to wonder if they're related? >> i'm putting it unrelated in terms of snowden, but is it about the business? >> he is the ceo of a payments company and twitter. >> it's also very possible that maybe peter thiel -- maybe there's back-channel talks. maybe dorsey suggested he was not -- i don't know. dorsey was probably one of the most outspoken on trump during the campaign on the other end of it. meaning he had made enough inferences if not had gone further. i don't know. so had jeff bezos and others. >> and trump took direct fire on cheryl sandberg, a lot of these guys meeting with him today. it's a kiss and make up session. >> my anxiety -- i don't know if it's anxiety, my anxiety if i was one of these ceos, you'll walk in there and it will be -- remem