President-Elect Donald Trump’s big campaign promise was to create more jobs, especially in the manufacturing space. Thus far, he’s held to that promise, threatening companies who consider moving manufacturing plants out of the country with expensive import taxes. And though his criticism of companies hasn’t always been accurate, his intention is clear – keep jobs in the U.S. Now, Trump is working to not just keep jobs in the country, but to create more as Trump met with Alibaba. Trump said the meeting was great, and focused on creating 1m American jobs over the next five years. However, Ma’s language doesn’t quite match up with Trump’s. What can we expect to come from this meeting? Is Trump really creating 1m American jobs?
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FBI ARRESTS VOLKSWAGEN EXEC ON CONSPIRACY CHARGES FOLLOWING EMISSIONS SCANDAL
The F.B.I. has arrested a Volkswagen executive in Florida, accusing him of playing a central role in a broad conspiracy to keep United States regulators from discovering that diesel vehicles made by the company were programmed to cheat on emissions tests..
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TRUMP NAMES SON-IN-LAW KUSHNER AS SENIOR ADVISER
President-elect Donald Trump’s son-in-law Jared Kushner, who emerged as a key figure in the Republican’s successful 2016 campaign, will be named senior adviser to the president, the campaign announced Monday. “Jared has been a tremendous asset and trusted advisor throughout the campaign and transition and I am proud to have him in a key leadership role in my administration,” Trump said in a statement announcing the appointment. …
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Closing Bell
– Monday, January 9th
Markets Close Mostly Lower as Oil Drops
Big Insider Trades
– Facebook, Inc. (FB) Chief Operating Officer Sheryl Sandberg Sells $13m
-Aquinox Pharmaceuticals, Inc. (AQXP) Baker Bros. Advisors Buys $6.8m
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