remember, carrier is owned by united technology. what does united technology do?t makes big engines for all things used in the militia story. if you look at the overall picture, donald trump had leverage. team trump had leverage even if a tiny bit of revenue for united technology was diverted to this country for defense contracts. >> we still don't know the terms of the deal. indiana may have put forth a fair amount of money there but for workers and their jobs, it's a big deal. >>> a former goldman sachs banker, movie financier, a billionaire, the bid for commerce secretary. let's get the latest from cnn's sunlen serfaty. >> good morning. president-elect trump making a slew of staffing decisions. trump has chosen billionaire investor wilbur ross for commerce secretary and former goldman sachs partner steve mnuchin for treasury secretary. those announcements are expected to come formally by team president-elect trump. the president-elect also announced tuesday former labor secretary elaine chao will lead the transportation department and it will be who will be cho

sources add carrier's parent company, united technologies, a major defense contractor now >> 10% of united technologies' business, more than $5 billion, comes from the u.s. government and the pentagon is united technology's single biggest customer. >> robert james who has made furnaces for 18 years, has questions, too. >> we need to know what's behind it. is there anything that's going to be asked of the union. >> but for jt bray, raising a young family -- relief. >> some people are saying it's a christmas miracle here. we get to keep our jobs and i'll be happy. the kids will be havi g daddy won't have his job. >> tomorrow the president-elect and governor pennsylvania will be here to tour the carrier plant and talk to its workers. left centre. >> kevin tibbles in indianapolis, thank you. >>> still ahead, new details in a kidnapping mystery that has captured much of the nation's attention. what a mother of two is now telling police about the suspects she is now telling police about the suspects she my friends think doing this at my age is scary. is now telling police about the suspects she

united technologies has billions of dollars of contracts with the government united states.ook, you are not going to do this. and that didn't happen in the current administration. can we expect more of this do you have think from the trump administration? >> yes, it's very appropriate. you see, united technology owns pratt and whitney engines. they power our air force and navy. they had a lot at stake. if there obama were interested in helping america and helping the working men and women of this country, he would have used that leverage with united technologies. they didn't agree to mr. trump because they want to, they agreed because they knew that he has leverage on them. >> well, of course, the obama administration is defending himself. i want to you listen to what press secretary josh earnest had to say to reporters about the carrier announcement. >> we haven't seen the details of the announcement from the company. but obviously the early indications are this is good news. we welcome that good news. i know the president-elect indicated he deserves credit for that announc

the federal government has much more leverage over a company like united technologies. 10% of the revenues come from the pentagon in washington. this is a well-known consumer brand. if it was a company selling business to businesses, it might be harder to press this. >> what about extending jobs overseas? >> it's an issue. it's certainly a win for those carrier workers and good news for them but it's not an industrial policy or manufacturing job policy. the long-term trend has been for manufacturing jobs to leave for different reasons. what's interesting here is this is a profitable factor so i think companies with other companies that think what am i going to do? >> right. >> nelson schwartz, thank you so much. >> great to be here into coming up, during his campaign, president-elect trump chose to repeal the bank reforms that came after the 2008 financial crisis, the reforms known as dodd/frank. after the branch, barney frank joins me to weigh in. men as theo build their businesses and careers. my name is yasmin belo-osagie and i'm a co-founder at she leads africa. i d

let's get down to the dollars and cents in terms of what might change for united technologies to keephat carrier plant in indianapolis. because at the end of the day they've made it very clear that in order to stay competitive with other manufacturers of furnaces and air conditioners, they need to be lower on their labor costs. well, you can't do that if you're staying in indianapolis. so what could be offered to carrier? again, we don't know for sure but a couple possibilities out there is the trump administration saying, look, if you keep those jobs and you keep that plant in indianapolis, we're going to make it more competitive because those who are importing, let's say industrial size air-conditioning units, we're going to make it more expensive for them. now, that's just a possibility. a conjecture on my part. do you throw out a tariff as a possibility for united technology saying if you keep that plant there, if you keep manufacturing in the u.s., your competitors are going to have a tougher time being able to bring in their products at the prices that they're bringing them in r

united technologies not being able to take that plant to monterey. stock is up.nk there's a sense that china will get to that. we'll get to that. wilbur ross was very strong on trade. i do think that trump believes he can probably call china and say, come on, guys, we're not going to go for this anymore. >> well, mr. ross did say during the interview and i thought it was interesting, tariffs are the last step, not the first step. >> that was bullish, because everyone was afraid that when trump said -- >> you don't start with tariffs, you end with them. >> when trump said we're going to put a tariff on anything you make, carrier. >> yeah, no longer 35% coming from mexico, tariff. >> yeah, you worry about other companies saying, yeah, we'll stay but what do you got in return? >> well, i think they'll stay. i don't think they want that phone call. i think the trump phone call is something you don't want. >> i mean, in the case of utx there's significant revenues that derive from government business, but that is not the case for vast majority of many companies. >> if

it's owned by united technology and also a company that makes huge jet engines and as has a huge contract with the government. what implicit threat, if you're carrier, you don't want to enrage this administration. >> fascinating to find out what is in the deal. the details matter. like you said, it's a win for donald trump who said he was going to do this and to an extent has done it. and also a win for the 1,000 workers who likely not lose their jobs now. >>> rain on the way in tennessee and that is a welcome development. wildfires there fueled by extreme drought. 80-mile-per-hour wind gusts are blamed for at least three deaths. authorities say the fires are, quote, human cause. we'll get the very latest from cnn's brian todd. >> all right. as you can see, it's just been really devastating there. you have dollywood and other places in gatlinburg closed. >>> in the meantime, let's talk about the back ground on trump's economic picks expected to be announced today. steve mnuchin years at goldman sachs and john tells me producer of "avatar." and got indymac for penneys on the dollar and pai

united technologies is a company that earned $56 billion in revenue last year.10% of which came from the federal government. 10% of united technology's money comes from the government. their single biggest client is the u.s. department of defense. they say pence called up and they had this conversation. this isn't the same as anybody calling up. this is your biggest customer saying we want this factory to stay open. so it's all -- >> let me ask you this though, what's to stop the next ceo, the next head of a company who's considering moving jobs to mexico from pulling the same sort of stunt -- >> we don't know. i was saying to stephanie earlier, during the financial crisis, we used to call it moral hazard. do you reward people for making a decision that wasn't right? if they were moving their jobs out and now carrier was able to negotiate something in order to stay. we tonigdon't know what carrier. maybe they were to you like this $5 million in revenue, you better keep the factory here. it would be good to see the whole equation before we know how this went down

now, remember, carrier is owned by this company on the screen, united technologies. united technologies has $56 billion a year in revenue, fully 10% comes from the american government. united technologies single biggest client is the pentagon so when the government calls you and says, don't move your company, it's your single biggest client. >> why thent they called before? >> that's a very good question. obama could have done the same thing. >> state and local governments do this all the time. i used to live in connecticut where utc is based. they give them tax breaks. you don't see that on the federal level all that often. >> we don't and by the way, you and i have discussed this, that if they actually did do that for small and medium sized businesses, that would be really good. the big companies get the red carpet rolled out. it's the small and medium conditions that create the jobs and don't create a break. >> wouldn't there be a legal press tent and we don't know the deals, do you believe we're going to see lots of other companies raise their hand and say, hey,

united technologies grossing year holds a number of government contracts including nearly $2 billion deal made over the summer to produce engines for the troubled f-35 fighter jet. >> there will be some layoffs at this plant behind me. it is not cheer how many and nor is it clear what made the company change its mind. what is clear is that other u.s. manufacturers will be paying close attention to this deal. >> reporter: dean reynolds cbs news, indianapolis. >>> pinpointing the weather where you live. now your cleveland 19 first alert forecast. >> this rain all of a sudden is slowing things down and we are getting reports of lightning at times. a few lightning strikes in this. you could hear a rumble of thunder and see a flash of lightning in lake county, mentor heavy rain and right through downtown cleveland coming down. western medina county and approaching brunswick and city of medina. that's the front. we are warm now and tomorrow windy, few showers around and even lake-effect rain that could mix with a little bit of sleet and snow especially in the snowbelt east of cleveland. 41

carrier is a unit of united technologies. he would work to prevent the outsourcing of u.s. jobs that could move those jobs overseas.o work on his cabinet. isis treasury secretary. also served as trump campaign finance chief. an official announced that could come as early as today. troutman again with mitt romney. sharply critical of china. dinner in new york at the president-elect continues to weigh his choices for the secretary is a jobs. speaking to reporters after the meal, romney praised streb sanely hope trump can move the country to a better future adding he's impressed by the transition effort so far. >> it's not easy. i know that myself. he won the general election. he continues with a message obviously connected with the american people. nicole: trombone and welfare and the commerce department. ross is known for cutting jobs and costs in the steel industry. trump announced elaine chao will be as transportation secretary, the wife of senator mitch mcconnell. we will learn more when they join maria bartiromo on mornings with murphy at 7:30 a.m. eastern time this morn

. >>> also other news on the political front, trump's incoming administration and united technologiese reached a deal with carrier to keep 1,000 jobs in the u.s. united technologies had planned to move the production facility to mexico until a deal was reached by vice president-elect mike pence. >> it is a big signal and a big win for president-elect donald trump. it's something that he is making good on. his campaign rom miss to keep jobs here, especially carrier which he called out a number of times. what corporations will be watching is what went into the deal, how were they incentivized to stay in indiana, and whether other companies can get a sweet deal like that. >> john harwood pointed out this comes on the day where he's appointed two more trump loyalists, and this offsets that a bit, it helps some of his core supporters who may have been disappointed by this ral street nature of t wall street sector of the nominees. >> the fed and president-elect donald trump, fields has warned that trump's response to add a 35% tariff on car imports from places like china would have an impac

not only is carrier -- which is part of united technologies -- sacrificing i think it's $65 million in savings by not moving, you gotta realize things that greg talks about, globalization, automation and then guess what, united technologies which would have lost some of its pentagon contracts is saying, we are part of carrier, we did a good thing, they get tax breaks. it's not a free market, which i know you love. but this is not a free market deal. what does it say to the average american worker? donald trump will come rescue you when we know that's not the case. >> i will say it's more of a free market deal. the deal carrier got is they will have some tax incentives to stay. they said, it's a good deal. i will throw it at you. there are other companies that said they are going to move to mexico who are putting it on the table. >> that's because we don't know what the stick is. i want to know what's going on. the end result is -- of the deal is not the deal itself. it's what happens after. we don't know what happens after. remember, president obama made questionable deals. we knew wha

>> he said among other things talking to the workers of the united technologies he said he is going to make sure those jobs stay in the united states if my memory is correct. i think it is high time that corporate america understand they cannot get the benefits of being american corporations while at the same time turning their backs on america's working class. my recollection, and they may not have that 100% right, but some years ago united technologies have the resources to provide a severance package to its former ceo and yet they think they can save some money by shutting down the plant plann indiana moving to mexico and hiring people there for $3 an hour. i will do everything i can to stop those types of transactions and in that area, i look forward to working with him to tell corporate america you cannot keep running all over the world whether it is china or vietnam or god knows where searching for the cheapest possible labor where you destroy the working class in this country. so i do look forward to this and the tariff may well be one of those options. but i think corporate ame

things, when i was indiana a number of months ago during my campaign talking to the workers at united technologies, a home carrier, and mr. trump said he was going to make sure that those jobs stay in the united states -- if my memory is correct. he said that i think with nabisco as well. i think it is high time that corporate america understands that they cannot get the benefits of being american corporations while at the same time they are turning their backs on america's working class. in the case of carrier, my recollection -- and i may not have it 100% right -- but i believe some years ago, not too many years ago, united technologies had the resources to provide $71 million severance package to its former ceo. $71 million. a golden parachute. and yet they think they can save some money by shutting down plants in indiana, moving to mexico and hiring people there for three dollars an hour. i will do everything i can to fight to stop those types of transactions. in that area, i look forward to working with mr. trump to tell corporate america, you know what? you cannot keep running all over the w

"kidde united technologies"... is recalling it's nighthawk combination smoke and carbon monoxide alarms. the alarm can fail... posing the risk of not alerting someone... in case of an emergency. you can contact the company... for a free replacement. and... don't forget... contact 13's call for action is ready to help you.... with a consumer problem. just contact one of our volunteers.... any weekday.... between 11 a-m and 1 p-m. ou 702- 368-2255. president-elect donald trump has vowed to repeal and replace the affordable care act during his fist 100 days in office. but un-doing the unpopular legislation might take up to 2-years. kumasi aaron explains what it means if you're signing-up now. --pkg full=-- --take nat-- --18:49:05-08-- how are you doing today? i'm good and yourself? i'm doing great. mary hunter is seeing what her --mary hunter / signing up for coverage-- --18:44:00-13-- my hospital bill was $600,000 so the insurance that i have through the obamacare so i only had $9,000 11 to pay. president elect donal

we saw it from united technologies today which is the parent company of carrier. they put out a tweet that said we are pleased to have reached with the president elect donald trump and mike pence to keep close to 1,000 jobs in indiana. there were 14 00 jobs on the block in indianapolis. another 700 in a town nearby. carrier, about a year ago said they were going to move the jobs and shut the plants down. but we're seeing right now that at least 1,000 of those jobs are going to stay. >> you said it's close to 1,000? >> i'm sorry. close to 1,000 j but there are 2100 jobs that were on the line. we still don't know what the deal is, and we don't know what's going to happen to those other jobs, but we do know that united technologies is also a very big defense contractor. they get about $5.6 billion a year from u.s. taxpayers. you have to wonder if that was part of the deal. >> dana, before you weigh in, here's what donald trump said at a rally last april. >> they're going to call me and they're going to say, mr. president, carrier has decided to stay in indiana. thank

. >> the president-elect and vice president picked up the phone and called the ceo of united technologies and said we want to keep jobs here. can't remember the last time a president did that. >> they will announce the deal in the first leg of their victory tour and will enthe day with a big rally in cincinnati, ohio. praise for trump who broke bread with mitt romney. a secretary of state contender who once called trump a fraud and phoney. now says. >> i think that america's best days ahead of us. >> that better future will come at a cost. the president-elect announced he will leave his business in total to his children in order to focus on leading the country. the documents are being crafted to take him out of the business operations to avoid conflicts of interest. >> if he takes questions from the press it will be his first time since july rick. kenneth moton, channel 6 "action news." >> thank you again. also in washington nancy pelosi will continue to lead the house democrats she was reelected to her position just minutes ago. her win comes among unrest in the democratic caucus over di

now the company's parent company, united technologies, thousand jobs in indiana. communicate details aren't known -- exact details aren't known, but we should know more when trump visits tomorrow. >>> house democrats have reelected nancy pelosi as their leader, despite widespread frustration. 63 representatives supported ohio lawmaker tim ryan over the incumbent from california. that is the largest defection from nancy pelosi since she the role in 2002. >>> coming up next, fans line up to see the boss in denver. why people are willing to stand in line for hours just to see bruce springsteen. >>> plus, why the white house is concerned about how much ,, ,, ? denver area counties. call now and let unitedhealthcare help find a plan that may be right for you, like an aarp medicarecomplete plan insured through unitedhealthcare. it can combine medicare parts a and b... with prescription drug coverage and more... like primary care doctor visits for a low co-pay... all in one simple plan for a $0 monthly premium. this medicare advantage plan offers you routine vision, savi

there were small incentives for united technologies, but the gist of it is that utx simply won't make as much money now. but it's also less at risk of losing the $6 billion in federal contract business it has. is this good for stocks? no. will it be a warning to other businesses that they should think twice before they move their operations offshore? yes. is it pro-growth? it's pro-u.s. growth for workers, not shareholders. but trump figures he's given enough to shareholders that he can lean on business to save jobs. look, he could have just slapped tariffs on stuff. instead he negotiated with hayes, admittedly with the upper hand. okay. if we have a pro-growth president who is making pro-growth cabinet picks why didn't stock prices soar? first, opec made a deal that raised the price of oil dramatically. the stock market likes when oil goes higher if it's about the increase in demand. they don't like it if it's cuts in supply. so oil users lost even as the oil companies gained, especially in the domestic producers with holdings in the permian basin. in addition to short sellers buying

what we do know, though, is united technologies is also a very big defense contractor. they get about $5.6 billion a year from u.s. taxpayers. >> dana, before you weigh in, here's what donald trump said at a rally last april. >> they're going to call me and they're going to say, mr. president, carrier has decided to stay in indiana. thank you, sir. and by the way, 100%, okay? 100 -- it's not like we have an 80% chance of keeping them or a 95%. 100%. >> yeah. so, dana, we don't know the details. it wasn't 100% of the jobs. >> 50%. >> 50% of the jobs. so that's pretty symbolic. >> but it's better than 0%. >> given that he's not even in the white house yet and you have to give him his due. >> no question about it. look, as you all said, we don't know what the stick was to get this carrot, if you will, but what we do know is that if carrier itself sent this tweet out, it's very telling. and that donald trump and mike pence, we should say who is still the governor of indiana, are going to go there later this week and have a rally and talk about this. look, this is and was a

perhaps it had something to do with the fact that the parent company of carrier, united technologies, gets an awful lot of revenue from government contracts. we just don't know exactly what the promises were made but we do know an announcement will be made carrier said we're pleased to have reached a deal with president-elect trump and vp-elect pence to keep 1,000 jobs in indy. more details soon. the union telling us they don't have details either. you'll remember back in february that video now seen 4 million times of a carrier vice president or plant manager informing hundreds of workers that their jobs will be shipped to mexico, it was just a business decision. that was viewed over and over again and that became a central rallying cry of donald trump's campaign. that he would keep jobs in the u.s. 2100 was the number of jobs they were going to move to mexico. carrier and trump saying they're going to keep about 1,000 in indy now. we don't know why though. >> i know it's like did he -- did he somehow threaten carrier? or did he reward carrier in some way for staying in the united st

you can see this started because the president-elect called up united technologies and said it's important to keep jobs here. and wilbur and i will continue that. and again as he said, this is a great first win without us even having to take the job. >> but the reason those jobs were going to go to mexico is because they were cheaper. it would help the company stay more competitive. how do you address the underlying issues of why companies want to leave the united states? >> well, first of all, it's more complicated than that. mexico has 44 treaties with other countries that make it very advantageous to do international shipping from mexico rather than from the united states. believe it or not, mexico has better treaties with the rest of the world than the united states does. we're going to fix that. >> so that would help address -- the initial problem is why do they want to go anyways? >> on a typical car, they save twice as much on tariffs going into europe out of mexico as they do going into mexico to save labor. >> we say where are you in the world a lot of times and you might be in e

carrier like any company with a consumer brand and this is owned by united technologies with a lot ofense contracts didn't wanted to be cross woiz with the united states. the state of indiana clearly put money open the table, they saved a thousand jobs. ironically, in independence a naps, another company called rex nord which makes ball bearings, they're moving a plant to mexico, laying off 300 people and donald trump doesn't seem to be able to save their jobs. i think it's hugely symbolically significant. he manages to say to his constituents, i did something, i accomplished something, and i think it puts the business community on warning that this is not a conventional republican. he is going to try to muscle companies that haven't been muscled before. >> woodruff: can he go individually from company to company who's thinking of shipping jobs out of state? >> we create 180,000 jobs a month, we have 12 million people in manufacturing, this is a drop in the bucket. no, he can't do that. every company will threaten to move to new mexico and he will put money on the table to keep them?

of united technologies and told them they wanted to keep jobs re. cat remember the last time a president did that. >> he's expectedrelease details inspect indianapolis on thursday. it's the first leg of his th u tour end whiches later in the day in cincinnati, ohio. trump is still trying to decide on a secretary of state sitting down for dinner with contender mitt romney who once called trump trump's white house chief-of-staff -- >> when he makes a decion it's the decision that's best for america regardless of background. >> trump's team hinted he's down to four secretary of state finalists, romney, bob corker, davideuanfoer mayor giuliani. as for trump's business, house democrats are calling for a congressional hearing to examine his conflicts of interest. by her peers today as the house minority democratic leader. despite efforts to oust her from the post that she's held since 2002. the 75-year-old beat out challenger tim ryan of ohio. 134 votes to 63. her win comes despite bitterness ong some democrats over the party's disappointing performance i

united technology is the parent company of air-conditioning company carrier has planned to ship jobs out of the country, but the trump deal will keep a thousand jobs in indianna. pence is indianna's outgoing governor. >> well the death toll has risen to four, as firefighters work to contain massive wild fire near tennessee magestic smokey mountains. >> four dozen others have been hurt in the fires. correspondent explaining, resident had little time to flee before the wall of flames moved in. >> reporter: parts of gatlinburg, homes burned to the grounds. >> we are still having because of the winds trees falling, taking down power lines, that's limiting our access in to some of the areas. >> flames hollowed out homes and buildings. many people forced to evacuate, south refuge and shelters like this one, run by the red cross. greg, and his family, spent the night here escaping the fire. >> looking out every window you can, you are watching for glow in the distance, you know, smoke everywhere. >> they've moved to gatlinburg from mississippi only a month ago, only had time to grab their 1

. >>> united technologies air-conditioning unit carrier, remember them? they are saying they will keep the factory in indiana rather than moving it to mexico after striking a deal with president-elect donald trump. phil lebeau has details for us. phil? sfwlz we' >> we're headed to that plant after donald trump has a victory meeting there, so to speak. those plants are not going to be closing. according to david faber, his reporting sources say they'll leave a thousand workers at those plants. they did get inducement from the state of indiana, though. we don't know what those inducements were. this deal was brokered by vice president-elect pence. remember, faber still has many contacts with the department of defense, and it was probably implied you don't want to start off on the wrong foot with the trump administration. for perspective, united technologies, otis is 21% of the company, pratt & whitney, that's a quarter of the company, aerospace, 25%, and then carrier falls into the largest share of the company, 29%. remember, it was less than a week ago tha

leaves the future uncertain for a few hundred workers, carrier is owned by defense contractor united technologies, trump's also busy filling cabinet positions sources say that you are an investor wilbur ross will be th nominee for commerce secretary, deposition serves as the chief business african, to lead the treasury is a forme goldman sachs banker who also served as finance chairman of trump's presidential campaign and he met with matt riley for second time last night, still being considered for secretary summer-like effect as early as 9:00 a.m. eventually, thursday afternoon start to see lake effect moving in. rain/snow mix and continue through thursday and friday. on the west side southwest don't worry you're going to remain dr this would just be lake effect we will be getting nothing here, just a dusting the most. still a bit of the braves, out of the south between five, up t 15 mph. , temperatures to the '50s for most of the day and then men like him and we will be down to 21 degrees drop of 20 degrees, sunshine to the last and claus to the east, a typical pattern here. and the cold front

by reversing course, carrier's parent company, united technologies, now stands to lose $65 million it hoped to save on wages in mexico. government and made $4 billion in profits last year, that's a small price to pay to get out of the doghouse and on to the right side of the president-elect. trump and the company will release details tomorrow, anthony, but carrier said tonight the generous incentives it was promised, estimated in the millions of dollars, helped to seal this deal. >> mason: dean reynolds, thank the voice of the pilot of that doomed plane carrying a brazilian so, team. he tells the tower he is out of fuel. the pilot also sailed the plane had an electrical failure. the british-made jet went down monday night in the mountains near medellin, colombia, eight miles from the airport. the pilot was among 71 killed. six others survived. the soccer team was flying to tournament. a u.n. envoy said today there are no red lines left to cross in syria. every rule of war has been systematically disregard. in aleppo, a bombing campaign by syrian government forces backed by russia has

you know, united technologies is out there doing some interesting things with their new gear for example reporter: rockwell and roper investing in products and services, as well. and just yesterday, germany's siemens announced a deal to require mentor graphics which makes software for computer chips. the growth prospects are alluring. especially since sluggish global growth, a strong dollar and weak commodity prices pressured other business. >> if you take ge, they have projected $6 billion of digital revenues by the end of the year, growing anywhere to $15 billion by 2020. clearly the growth rates are fast. and you don't typically see growth rates like that come out of large industrial conglomerates like this, which typically grow gdp. >> reporter: it's still in quote, early innings. ge in revenue last year alone. but as the industrial internet of things takes root, it's a race to connect. for "nightly business report," i'm morgan brennan. >>> coming up, twitter's new top priority. will it help attract new users and maybe even potential buyers? ♪ >>> air maintenance workers at u.p.s. vo

what would happen if he tweeted that united technologies made a deal with united technologies to keephat carrier plant here? >> we've already had varying interpretations of whether ford's decisions are because of a discussion he had with them or not. we don't know. >> even though lincoln was not about to move navigator. >> carrier -- >> if the carrier plan stays there's going to be another -- like maybe that's a deal. repatriation deal. maybe it's a kind of like -- >> well, it's a tough negotiation. i did reporting on this obviously it's a tough negotiation because much of why they would stay are things that aren't necessarily fully in the add -- incoming administration -- >> you mean like 10% business -- >> well, that, but no, what you're going to get in return. the tax reform and/or the factory subsidization that would come as a result of some sort of plan. i mean, that's congressional work yet to come. >> but the vice president is from -- >> no, he's dealing with this. this is his negotiation, as we reported on friday. >> this plant was closing. they were going to monterey. >> and

he called the president of united technology.to keep carrier here. i think he's going to go to indianapolis on thursday to talk about the details of that plan. but the bottom line is this. exactly what he said was going to happen is happening. he said he was going to fight to keep those jobs here. he picked up the phone. they worked a deal. they got it done. this is the kind of thing that donald trump's going to do as president of the united states. get things done. >> it's great news. my heart went out to all the people who thought they were losing their jobs. when that news was announced yesterday, no matter how you voted, you have to be in favor of this. what else is he going to be doing tomorrow? i know tomorrow kicks off this thank you america tour. he's thanking folks for voting for him. >> yeah, he's obviously heading to indianapolis where he's going to talk, make that announcement at carrier with governor pence about when they've done. i think as you point out, ainsley, what a season to do this in. between thanksgiving an

strong results from caterpillar, united technologies and farm equipment maker, john deere, helped push stocks higher. the dow gained 59 points to end the day at inched up two points and, the nasdaq dropped five points. trading was relatively light ahead of the thanksgiving holiday. markets are closed today and friday will be a shorter trading day, closing at one in the afternoon. once thanksgiving is over, many will hit the stores to get those black friday deals. but some factors seem to be diluting the power of the day. early online deals and deep discount door buster specials that roll out all weekend have reduced the number retail federation predicts 74 percent of consumers plan to shop on black friday compared with 21 percent who will likely shop today. next month's federal reserve meeting will likely bring an interest rate increase. minutes from the last meeting show officials think it would be appropriate to raise a key interest rate "relatively soon". some argued the fed needs to preserve its credibility. if it did not raise rates in december, it runs the risk of harming that cr

of united technologies and told them we want to keep jobs here. i can't remember >> trump is expected to release the details in indianapolis thursday. it's the first leg of the thank you tour which ends later in the day in cincinnati, ohio. trump is still trying to decide on a secretary of state. sitting down for dinner with mitt romney who once called trump a con man. reince priebus on fox news. >> when he makes a decision it's the decision best for america regardless of romney, senator corker, former c.i.a. director petreus and former mayor rudy giuliani. for trump's business, the house democrats are calling for congressial hearing to examine his potential conflicts of interest. jonathan: what would you do for access to trump on day one? michelle: donors are being asked that and some are willing to pay six or seven figures for upclose encounter with the president. q you can get for the money. that is a lot of cash. q: i'm talking about a lot of money. all five of the ticket packages right here. they are not cheap. these are the five packages for

carrier is owned by utx, united technologies.t was first reported by david faber and confirmed by carrier in a tweet. originally they planned to move the facility to mexico until the deal was negotiated by mike pence and the ceo of utx. sources indicate new incentives were made to the firm. >> i think this is great news. >> no kidding. >> how many were they going to move? >> 1400. >> the question i had was how both of you feel about this -- what's happened with carrier because, for example, i would suggest that some of this is not a liberal approach to the world, but i always thought if we have a defense contract with a company, we should negotiate. you can do this for drugs, do this for all sorts of things. >> i already read from the left, huftington post -- that thing at this point. arianna will be on, she's not affiliated anymore, but i've already seen if obama tried to influence a company to stay, free market republicans would have been saying what are you doing, let the markets work, this is government intervention. the same

i know that donald trump, president-elect trump called carrier air-conditioning, united technology is the company that owns carrier and was able to hopefully secure these jobs to stay in the united states. can you tell us about another companies that president-elect trump is making calls to? anthony: well, as you know, we had the ford situation with bill ford. i don't know off of the top of my head but i know that he's asked for a list of these sorts of companies where he wants to be making the calls. i would like to give a shot out to vice president elect pence who is till the acting governor in. [inaudible] that was very big inside the negotiations with carrier. isn't that a great message, jenna. jenna: looking for the next big company. you can't blame me for trying, anthony. come on. anthony: my scoop for you today is vanilla fudge. you can buy that in the trump coffee downstairs. jenna: my goodness. then we have to talk about conflict of interest which i don't have time to do. anthony, we look forward having you in the program. we always appreciate it, thank you. jon: complete dev

>> united technologies which is a large multinational company may be giving an early concession to the incoming president. it's not that difficult to do. there is a huge wage gap between the jobs in indiana and what they would have paid in mexico and it's 1400 jobs. within the scope of the technologies, this might be a minor concession not to be on the wrong side of the president-elect. >> he has not been shy of calling out individuals or organizations and it might be to his strategy moving forward. the shame game. we will see if policy matches his approach. auto parts around the world and it's a complex process and getting them to move back to the united states. as if this were 1955. that can't happen from an economic perspective. >> the united states not leading in manufacturing, but we are a close second. >> even though employment has come down. we are presumably outsourced and over the course of many decades. it's true that u.s. manufacturers while not having the biggest propone ept as they did are still quite competitive and more so than they were five or ten years ago. more compe

he's in there negotiating with carrier and united technology.keeping the plant in indiana. he is working for wins which would be a public win. >> it would be great. >> you see him if the detain so details in the wheelhouse. let's talk about the public face. kellyanne conway tweeting a picture of donald trump and donald trump's office looking over a laptop. thank you for the privilege of a lifetime. i think she is trying to say all this idea of a fray spilling out is not as bad as it seems. >> maybe not. you have to ask the basic question. is she running some kind of rogue operation here or is this orchestrated in some more central way? i don't think we really know the answer to that. >> things are moving quickly. it feels we are rolling with the punches. >> it's too wiquick to be organized. >> we have not seen a white house run this way. it would be unusual if this continues on. >> why won't it? >> there is no reason to expect it won't. >> the one mistake you can make with donald trump is he can be different tomorrow. that is not a good thing to

whether or not this is a small concession for a company as large as united technologies remains to bed tech is a much, much bigger company than its carrier unit and a pattern you might see down the road and much larger companies with supply chains that literally go around the world. >> does it make sense to make manufacturing competitive in america because we're not going to want to spend when the chinese or koreans can make for clr 200. >> much more cost competitive here with the price of energy one of the biggest inputs in manufacturing coming down particularly natural gas and much more competitive on the energy front and when you look at certain labor, downward. china's advantage not nearly as big as it's been. the places now more competitive than the u.s. and manufacturing are vietnam and mexico. so china is less of a concern. their prices and labor costs have been going up. ours have been negotiated down so theest real esu.s. is still place to manufacture so in a certain sense, donald trump may have the wind at his back because a less difficult negotiation than it has been in the