Subscribe To This Feed

The Ford Motor Company (DEARBORN, Mich.) -- Ford is recalling close to 650,000 vehicles in North America over a seat belt issue.

The recall affects certain 2013-2016 Ford Fusion and 2013-2015 Lincoln MKZ sedans. Ford says the seat belt anchor pretensioners in these vehicles need to be insulated.

"In the affected vehicles, increased temperatures generated during deployment of the seat belt anchor pretensioner could cause pretensioner cables to separate, which may inadequately restrain an occupant in a crash, increasing risk of injury," the automaker explained in a press release.

So far, Ford has been notified of two accidents and two injuries related to this issue.

Customers who are affected by the recall will be able to go to their local Ford dealer, where a coating will be injected into the seat belt anchor pretensioners at no cost.

Copyright © 2016, ABC Radio. All rights reserved.


Subscribe To This Feed

ABC News(NEW YORK) — Amid growing concerns about how Donald Trump can distance himself from his vast business enterprise, the president-elect tweeted Friday that "legal documents are being crafted which take me completely out of business operations." Trump said he will elaborate on his plans at a press conference with his children on Dec. 15.

Ethics experts tell ABC News that merely taking himself out of “operations” — without selling businesses, creating blind trusts and establishing firewalls — would be inadequate to prevent potential ethical conflicts, if not legal ones.

Here are some of Trump’s options for separating from his business interests, from most ethically sound to least, according to experts:

Sell everything and place all proceeds in a blind trust or equivalent.

Trump could sell his entire business empire — that is, his ownership stakes in 564 companies worldwide — and place all proceeds in savings accounts, U.S. treasury bonds, or blind trusts administered by an independent person or group who does not communicate with Trump about business or investments.

Experts say that while this is the most ethical course of action, Trump would likely take a huge financial hit, since he would have to quickly sell off illiquid assets in a “fire sale.” However, some financial pain could be alleviated if the Office of Government Ethics offered him special incentives, like a one-time exemption from paying capital gains tax on those sales.

Keep the company running, but put it in a blind trust.

Alternatively, Trump could place the Trump Organization and all other business interests into a blind trust, which would be managed by an independent party who has no financial ties or business communication with Trump or his family.

Sell some businesses and pass others onto to his children.

A middle ground might be to sell some of his businesses -– perhaps all foreign companies or those located in countries with diplomatic controversies -– to third parties, and then sell or give control of the rest of his company to his children. The money from the sales could go into a blind trust run by an independent person or group.

To separate himself from the business, “he could enact a ‘firewall’ policy that would prohibit him and his White House staff from discussing business matters with anyone running his former businesses and then keep his children out of any formal or informal adviser positions,” said Matthew Sanderson, a Republican lawyer with Caplin & Drysdale.

Also, the Trump Organization should “prohibit all its personnel from making any reference to the Administration in any sales pitches to prevent instances like the meetings that recently occurred at the Trump International Hotel in DC,” added Sanderson.

Pass everything to his children.

In the Jan. 14 Republican primary debate, Trump suggested that his children could run the Trump Organization if he wins. “I would probably have my children run it with my executives and I wouldn't ever be involved because I wouldn't care about anything but our country, anything," he said.

Ethics experts who spoke to ABC News all said that simply passing the business to his children will probably not prevent potential conflicts-of-interest. There is no “blind trust” if his kids tell him anything about his businesses, if he discusses his job with them or gives them any access to his Administration. They could pledge in writing not to communicate about off-limit topics, but “this would be exceedingly difficult to police,” said Paul Rothstein, Georgetown University Law Center.

Do nothing.

While Trump has indicated that he is in the process of distancing himself from his company, he has also said that legally he does not have to.

“The law is totally on my side,” Trump told the New York Times in an interview. “The president can’t have a conflict of interest.”

“He could legally manage his business while in the White House. I don’t think he can do that politically, but he can do that legally,” said Trevor Potter, an attorney and a former Republican Federal Election Commission chairman.

While Trump is correct that as president he is exempt from a conflict-of-interest law that prohibits other federal officials from working on government matters in which they or their family members have a financial stake, he is still subject to bribery laws, nepotism laws and the Emolument Clause of the Constitution which prohibits him from accepting “gifts” from foreign powers.

Still, every ethics expert who spoke to ABC News said that continuing to run his businesses while president -- even if potentially legal -- would be highly unethical.

Copyright © 2016, ABC Radio. All rights reserved.


Subscribe To This Feed

Nike, Inc.(NEW YORK) -- If you've always wanted to own a pair of self-lacing sneakers like Marty McFly in Back to the Future, now's your chance.

Nike has released its Hyperadapt sneakers. The shoes feature buttons on the side that allow you to tighten and loosen the laces. It also has a blue light in the middle of the sole that indicates battery life.

But the high-tech kicks will cost you -- they have a retail price of $720.

You can snag a pair exclusively at two Nike store locations in New York City, and some Nike app users will have the chance to purchase the shoes through the app.

Later this month, Nike says the sneakers will be available to all Nike app users and at select Nike stores across the U.S.

Copyright © 2016, ABC Radio. All rights reserved.


Subscribe To This Feed

JEAN-PHILIPPE KSIAZEK/AFP/Getty Images(INDIANAPOLIS) — President-elect Donald Trump touted his job-saving prowess in Indianapolis Thursday at a manufacturing plant, but a portion of the 1,100 jobs he says will now remain stateside may never have been intended to go to Mexico in the first place.

Sources familiar with the deal announced late Wednesday confirmed to ABC News that 800 jobs at the Carrier facility in Indianapolis would remain, but that 600 would still be outsourced to Mexico. The company had announced in February that the factory, which employs 1,400 workers to produce furnaces and furnace parts, would shut down operations over the next three years.

Carrier intends to retain 300 white-collar positions — such as research and headquarters operations — in Indianapolis, but those jobs were never going to Mexico.

Trump and company officials on Thursday celebrated the preservation of 1,100 Carrier jobs in Indiana thanks to the agreement.

"Companies are not going to leave the United States anymore without consequences," Trump told workers at the Carrier plant. "These companies aren't going to be leaving anymore. They aren't going to be taking people's hearts out."

Trump added, "I will tell you that United Technologies and Carrier stepped it up and now they’re keeping — actually the number’s over 1,100 people, which is so great."

Also at the Carrier plant event, United Technologies chairman Gregory Hayes, said, "Today we can talk about 1,100 jobs in Indiana going forward. So I'm pleased to announce that we have decided to keep Carrier [in] Indianapolis."

Other nearby factories are still shuttering and sending jobs to Mexico. The United Technologies Electronic Controls factory in Huntington, Indiana, which is owned by the same parent company as Carrier, is sending 700 jobs to Mexico. The Rexnord Corporation ball bearings factory in Indianapolis, one mile away from the Carrier factory, is moving 350 jobs south of the border.

Trump has put other companies considering a move out of the U.S. on notice. During the campaign trail, he threatened to levy a 35 percent tax against Carrier imports if the company moved production to Mexico. At Thursday's rally, Trump said he called the CEO of Carrier after he saw a piece on an evening news broadcast that reported the company was moving jobs out of the country.

"We won't need so much flexibility for other companies because we are going to have a situation where they're going to know, number one we'll treat them well, and number two there will be consequences," Trump said. "Meaning, they'll be taxed very heavily at the border if they want leave, to fire their people, leave, make product in different countries and then think they'll sell that product over the border."

Carrier said the agreement with Trump is due in part to the incoming administration's EFFORTS as well as state tax incentives, which Trump's transition team has refused to disclose the full details of. Carrier company officials said in a statement Thursday that the state of Indiana, where Vice President-elect Pence is governor, offered the company a $7 million package over multiple years, contingent on factors including employment, job retention and capital investment.

"This is a great day for Indiana and it’s a great day for working people all across the United States of America," Pence said at the rally before introducing Trump. He added that the Trump team was "grateful" that Carrier will now be able to "stay and grow right here in America."

Copyright © 2016, ABC Radio. All rights reserved.


Subscribe To This Feed

iStock/Thinkstock(WASHINGTON) — The U.S. Department of Labor released a strong jobs report Friday morning. Payrolls expanded by 178,000 jobs in November, according to the Bureau of Labor Statistics.

The unemployment rate fell to 4.6 percent — lower than it has been since August 2007.

This is the last Jobs Report of the year and it reinforces what investors already expect: that the Federal Reserve will hike interest rates, for the second time in 10 years when it meets, on Dec. 14.
There were new jobs created in construction, health care and business services, with the economy now creating ample work to absorb all the new entrants into the labor force.

Copyright © 2016, ABC Radio. All rights reserved.


Subscribe To This Feed

ABC News(INDIANAPOLIS) -- In Indianapolis Thursday, President-elect Donald Trump will tout his deal to stop nearly a thousand Carrier jobs from moving to Mexico. But at a ball bearing plant just a mile away, hundreds of Hoosiers may soon lose their jobs.

In October, the Rexnord Corp. announced it "tentatively decided" to move its Indianapolis operation to another one of its facilities, in Mexico.

Closing the plant would cost 350 workers their jobs, the union representing employees there told ABC News. The move is anticipated to happen sometime in the spring next year.

Rexnord has not responded to ABC News' requests for comment.

The president of the Indiana AFL-CIO, Brett Voorhies, started his career at Rexnord and has friends and family members who work at the plant. He told ABC News that people are happy for their friends at Carrier but wish Trump could help them too.

"It's really sad," Voorhies said. "They're looking out the window and seeing what's going on at Carrier, and they're happy for their brothers and sisters, but they're thinking, 'Why can't you do this for us as well? Are you able to save my life too, Mr. President?'"

Copyright © 2016, ABC Radio. All rights reserved.


Subscribe To This Feed

Mike Pont/WireImage via GettyImages(NEW YORK) --  Starbucks coffee announced Thursday that Howard Schultz, the company’s chairman and CEO, would be stepping down from his post this Spring and would be appointed executive chairman of the company.

The coffee magnate, who has been with the company for more than 30 years, is credited with turning Starbucks into a global brand with name recognition comparable to McDonald’s and Coca-Cola.

The change will be effective April 3, 2017, according to a company statement.

Schultz, the company said, "will shift his focus to innovation, design and development" of its Starbucks Reserve brand products and expansion of Reserve branded locations, while also focusing on the company’s "social impact initiatives."

"As I focus on Starbucks next wave of retail innovation, I am delighted that Kevin Johnson —- our current president, coo, a seven-year board member and my partner in running every facet of Starbucks business over the last two years —- has agreed to assume the duties of Starbucks chief executive officer," Schultz said in a statement released by the company.

In a conference call on the leadership shake-up, Johnson characterized Schultz one of the "most iconic leaders and entrepreneurs" in the world.

Despite his high status in the business world, Schultz has not been discreet with his political views and in September he publicly endorsed Hillary Clinton.

Speaking to ABC News' Chief Business Correspondent Rebecca Jarvis that month, the CEO said: "I do hope that Hilary Clinton becomes president of the United States."

Asked about his own political ambitions, Schultz said that "in the last couple of years, I’ve decided that this isn’t the right time for me." However, he would not rule anything out, saying "I don’t know what’s going to happen in the future."

Copyright © 2016, ABC Radio. All rights reserved.


Subscribe To This Feed

iStock/Thinkstock(NEW YORK) -- Wall Street closed mixed Thursday. The Dow closed at a record high, while the Nasdaq fell on weak technology stocks.

The Dow rose 68.35 ( 0.36 percent) to finish at 19,191.93.

The Nasdaq dropped 72.57 (-1.36 percent) to close at 5,251.11, while the S&P 500 finished at 2,191.08, down 7.73 (-0.35 percent) from its open.

Crude oil gained nearly 3 percent with prices hitting over $51 a barrel.

Copyright © 2016, ABC Radio. All rights reserved.


Subscribe To This Feed

iStock/Thinkstock(NEW YORK) -- Elaine Chao, Donald Trump’s pick for secretary of transportation, has a big job in front of her if confirmed by the Senate.

Rehabbing America’s aging infrastructure is clearly a Trump priority.

“We are going to fix our inner cities and rebuild our highways, bridges, tunnels, airports,” the president-elect said in his victory speech. “We’re going to rebuild our infrastructure, which will become, by the way, second to none.”

Crumbling transportation was a major theme during his presidential bid as well.

“Our infrastructure is broken,” then-candidate Trump said in June. “The roadways are so bad. Our bridges are bad. Airports are bad. ... We need to rebuild our country.”

The need for infrastructure investment was one of the only issues Trump and his rival, Democratic presidential nominee Hillary Clinton, seemed to agree on.

According to the Federal Highway Safety Administration, nearly 10 percent of America’s bridges -- around 60,000 in all -- are classified as “deficient,” and the American Society of Civil Engineers says 32 percent of our major roads are in “poor” or “mediocre” condition. AAA estimates that potholes alone cost American drivers $3 billion a year. The Federal Aviation Administration says airport congestion and flight delays cost the country more than $31 billion. And the ASCE gives America a D for infrastructure.

Two weeks before Election Day, the business mogul released a plan, pledging to spend up to $1 trillion on transportation and infrastructure over the next decade.

The infusion of cash would be spurred by $137 billion in tax credits for construction companies, which, according to Trump advisers Wilbur Ross and Peter Navarro, would be later repaid through taxes on contractor profits and taxes on wages earned by the workers -- thus making the plan “revenue neutral,” according to the Trump campaign.

Theoretically, these tax credits would incentivize investors to spend big. (A trillion dollars' worth of infrastructure would require an initial outlay of about $167 billion, Trump's advisers said.) That investment would generate "thousands" of jobs in construction and manufacturing, his campaign said.

To quote Ross and Navarro, a Trump administration would seek a “private sector solution to the provision of public infrastructure."

Trump's plan also criticizes the Obama administration's expenditures on "endless studies," "layer-upon-layer of red tape" and litigation. A Trump administration would focus instead on finishing projects on time and under budget by streamlining permitting and eliminating wasteful spending, according to the campaign.

"Nobody can build better than I can," Trump said in answer to a question about infrastructure repair, adding that mending roads and bridges is "not so different" from erecting buildings.

According to, Trump also plans to tackle a number of transportation issues, from eliminating Transportation Security Administration wait times and reforming air traffic control systems to incorporating next-gen vehicles and upgrading water pipelines.

And it’s beginning to sound like he may be able to get somewhere.

In the hours following Trump’s election, Rep. Nancy Pelosi indicated that a “robust infrastructure jobs bill” could be Trump’s “common ground” with Democrats on the Hill.

Chao also happens to be married to Senate Majority Leader Mitch McConnell -- causing some speculation that her nomination could give Trump leverage over McConnell’s caucus, which is sometimes uncomfortable with high spending.

Copyright © 2016, ABC Radio. All rights reserved.


Subscribe To This Feed

ABC News(NEW YORK) — Sexual harassment knows no occupational boundaries, and many women who experience sexual harassment never report it.

ABC News gathered 10 women from 10 different industries who opened up about being sexually harassed. To protect the women, only their first names were used.

When asked how many of the participants have been sexually harassed over the course of their career, all 10 women raised their hands.

"I worked in restaurants for 10 years, and every time I walked into the kitchen, someone would whistle," said Blayne, who's in hospitality services.

"This person used guilt-tripping to try to get me to do sexual activity as compensation," Samantha, in marketing, said of her experience.

A majority of the 10 women at the forum left their hands up when asked if they had experienced workplace sexual harassment more than twice, then more than three times and then more than four.

Amanda, who works in politics, admitted that in the past, she has considered wearing an engagement ring to "make it apparent" that she's not interested in sexual advances at her workplace.

"[I] am here to talk to you about work, not about a date, not about whatever else and I sometimes wonder as a young woman," she said. "Do you assume that I am out here looking for my life partner at my next 3 o’clock meeting? And would you feel differently if I had on a wedding band or an engagement ring? Would it allow you to shut that door and only look at me as a fellow professional?"

Only two women raised their hands when asked if they filed a complaint with human resources against their harasser.

ABC News"I think it always feels like an uncomfortable choice," said Amanda. "I have to really think about my values and what’s important to me and weigh them against my career."

"I often feel that in the grand scheme of things, I’m just not that important to the company," said Sore, who works in education. "I sort of silenced myself; in that moment, there’s an erasure of yourself."

Jenny Yang leads the federal commission tasked with investigating and litigating charges of workplace harassment. She said “gender-based putdowns” can also be a form of sexual harassment because it’s harassment based on gender.

"Sexual harassment is very much about power, but sexual harassment doesn’t always involve propositioning," Yang said. "It can involve demeaning comments -- crude language -- that makes women feel like they’re in a hostile work environment."

ABC NewsMany of the women at the forum said they've often heard that they're "too emotional" when it comes to being on the receiving end of unwanted sexual advances in the workplace.

"You’re being too emotional -- that’s the new word for sexism that men use and they put you down," said Lesley, who has a career in media. "But you say anything, you’re emotional because you’re a woman."

To stop men from behaving inappropriately, Lesley's opinion was, "it starts in the home."

"[A]nd it starts with the parents, and it starts with our discussion with our young men saying, 'This is not OK."

Yang said workplace supervisors and leadership must be required to hear the message loud and clear "that harassment is not tolerated."

And a message from the forum of women: That part of the solution may lie within us.

"I’m raising my voice because I want to be an agent of change," said Elizabeth, finance.

"To encourage other young women," -- Sore, education.

"That they too can take a stand," -- Njambi, retail.

"To break out of silence," -- Samantha, marketing.

"I am speaking out against sexual harassment because it exists," -- Judnick, journalism.

"Because it even exists," -- Sylvia, philanthropy.

"Because it exists, and it shouldn’t," -- Blayne, hospitality services.

Copyright © 2016, ABC Radio. All rights reserved.


Subscribe To This Feed

Netflix(NEW YORK) — Ever want to watch a Netflix show or movie, but you're stuck on a plane or train with no WiFi?

Well, that's no longer a problem. On Wednesday, the streaming service announced that "members worldwide can now download in addition to stream great series and films at no extra cost."

Films and shows can be downloaded to a tablet, phone or computer, just like Apple's iTunes service.

"We’ve often heard [members] also want to continue their Stranger Things binge while on airplanes and other places where Internet is expensive or limited," the official release said. "Just click the download button on the details page for a film or TV series and you can watch it later without an internet connection."

Airplane mode. Road trip mode. Stuck-in-the-subway-for-20-minutes mode. Your favorite stories are now available for download any time.

— Netflix US (@netflix) November 30, 2016

Some shows are available now but more will be added.

"The new feature is included in all plans and available for phones and tablets on Android and iOS," Eddy Wu, director of product innovation at Netflix, added.

Copyright © 2016, ABC Radio. All rights reserved.


Subscribe To This Feed

ABC News(CHICAGO) — Goran Cobanovski is the embodiment of the American dream.

Arriving in the U.S. from Macedonia in 2001 with no savings, he settled in Chicago, and within five years, he opened his own beauty salon, Goran Coban Salon. Today his flagship salon location in downtown Chicago employs a staff of 18 people.

"I don't see it as a business. Maybe that's the most important. I consider myself an artist,” he said. “All my colleagues are very artistic people. And it's more of a fun environment for everyone, and for me.”

But with a salon that serves up to 50 clients a day, that perspective can create some management and organizational problems.

Good Morning America brought in Carol Roth, a small business expert and host of Microsoft's Office Small Business Academy, to give Cobanovski a lesson in the basics of business management. Microsoft is a sponsor of Good Morning America.

First lesson: how to keep an artistic staff both inspired and happy.

“What you need to do is sit down with each of your employees individually. Because when it comes to motivation, not all of us are motivated by the same things,” Roth said. “Some of them might want to make more money, some might want more recognition … you need to know what motivates each of your employees individually.”

Second, don't be afraid to delegate responsibility, Roth advises, but not "abdicate."

"Either you need to put in systems and processes into place in your business so that you can have everybody follow those and make everything flow as smooth as some of the beautiful blowouts that you do here. If you don't want to do that yourself, you can also outsource that. You could actually bring on a manager to put in those processes and systems," she said. "However, I will tell you that if you're going to delegate responsibility, you cannot abdicate your responsibility. Because at the end of the day, your name is on the door."

Third, and the biggest concern for Cobanovski, is managing the front desk and the scheduling of appointments.

“We need to make that to be a little bit smoother process where we don't get two clients coming at the same time for this one appointment,” he explained. “It's pretty simple, but it's not that simple.”

Roth suggests bringing in a new app from Microsoft called Bookings, part of their Business Premium Office 365 Suite, to help ease scheduling woes.

“What you're going to be able to do is have your receptionist have a page so she can see all the timeslots available and be able to hold those timeslots very easily,” Roth said. “But I love most about it is that it's so easy from a customer's perspective. It is just a three-step process. So they pick their service, they pick the date that they want and the time. And then after that, they get all of those details that you need, including the phone number, and they press 'book.' And it will actually hold that time, put a reminder on their calendar, and then your receptionist can just follow up and make sure that it works.”

Microsoft gave Cobanovski the service at no charge to help support his small business.

For more tips to boost your small business from our sponsor Microsoft, click here.

Copyright © 2016, ABC Radio. All rights reserved.


Subscribe To This Feed

Slaven Vlasic/Getty Images(NEW YORK) -- Tom Ford is the latest fashion designer to weigh in on whether he'd dress future First Lady Melania Trump.

In an interview on The View, Ford said that he actually declined to dress Trump when he was asked quite a few years ago.

The Democrat, who admitted he's "very sad and disappointed" that Hillary Clinton lost, would make the same decision today.

"She's not necessarily my image," he said about Trump.

"Even had Hillary won, she shouldn't be wearing my clothes," he said. "They're too expensive, and I don't mean that in a bad way."

"I think to relate to everybody," he continued, "you shouldn't be [wearing such pricey clothing]."

Ford's dresses often sell for thousands of dollars at high-end department stores, and he said the cost is reflective of the work that goes into making the garments. However, he also acknowledged that in 2011, he dressed current First Lady Michelle Obama, who often wears designer clothing.

"Michelle I dressed once when she was going to Buckingham Palace for dinner with the queen and I thought that was appropriate," Ford, who recently directed the film "Nocturnal Animals," said. "I live in London so that made sense. And it was an honor."

Earlier this month, designer Sophie Theallet said in an open letter that she would not dress the former model, explaining that "the rhetoric of racism, sexism and xenophobia unleashed by her husband's presidential campaign are incompatible with the shared values we live by." She also encouraged other fashion designers to follow suit.

Tommy Hilfiger, a longtime friend of the Trumps who has an office in Trump Tower, is not on-board with that suggestion. Last week, he told Women's Wear Daily that designers should appreciate the opportunity to provide clothes for her.

"I think any designer should be proud to dress her," he told the fashion industry magazine. "Ivanka is equally as beautiful and smart, although she wears her own clothes. I don’t think people should become political about it. Everyone was very happy to dress Michelle [Obama] as well. I think they look great in the clothes. You’re not gonna get much more beautiful than Ivanka or Melania."

Copyright © 2016, ABC Radio. All rights reserved.


Subscribe To This Feed

ABC News(NEW YORK) --  Kip Glen was at work at the Carrier facility in Indianapolis on Tuesday night when the news began to spread that the company had reached a deal with President-elect Donald Trump that would save about 1,000 jobs that had been ticketed for Mexico.

“The spirit of the workers went straight up,” Glen told ABC News, “because [Trump] did what he said he was going to do and he went through with it. And he hasn’t even slept in the Oval Office yet.”

Glen, a Trump supporter, is among about 1,400 employees who learned in February that their jobs would be eliminated over three years as the heating and air-conditioning company Carrier gradually shuttered the plant and relocated its operations to Monterrey, Mexico.

An employee’s cell-phone video of the company’s announcement to stunned Carrier workers spread quickly on the internet and caught the attention of then-candidate Trump.

“Believe me, if I were in office right now, Carrier would not be leaving Indiana, that I can tell you,” Trump said at an April rally in Indianapolis.

Trump spoke frequently about Carrier on the campaign trail for months, vowing to not buy their products and threatening the company with a 35 percent tariff on any products made in Mexico and shipped back into the United States.

Mohan Tatikonda, a professor at Indiana University’s Kelley School of Business, told ABC News today that Trump’s consistent attacks on the company may have given incentive to Carrier to work something out with the incoming administration.

“If Mr. Trump wanted to, every week for the next four or eight years,” Tatikonda told ABC News, “he could say something damning about Carrier. That would mean just massive reduction in brand value and goodwill. It’s hard to quantify, but it isn’t small.”

Details of the impending deal have not been made public beyond a terse tweet from Carrier late Tuesday, saying the company was “pleased to have reached a deal” with Trump and VP-elect Mike Pence "to keep close to 1,000 jobs" in Indianapolis. It's unclear at this point what influence Trump's rhetoric on the campaign trail may have had on Carrier's decision.

Carrier’s tweet was followed by two from the president-elect touting it as a “[g]reat deal for workers,” and announcing that he and Pence would be traveling to Indiana on Thursday.

The agreement reportedly involves incentives from the state, but officials with the Indiana Economic Development Corporation declined to provide more information in advance of the visit by Trump.

Trump made bringing back jobs to the U.S. a major part of his campaign platform.

Tatikonda said today that while he is “delighted for the Carrier workers,” it is important to know the details of the agreement before it can be fully assessed. “This is a spot solution for a specific facility at a specific point in time. So, it might not be generalizable or replicable to other settings,” he said.

He added that there was a “real risk that there will be an inflation of expectations by high-wage earners that the Trump administration will come in for each one of these spots as they arise."

Trump tweeted earlier this month that Ford Motor Co. won't be moving its Lincoln production from Kentucky to Mexico. Trump said in the tweet claiming credit for the decision that Bill Ford, the company's executive chairman, telephoned him with the news. But the company said it never planned to move the entire plant.

Trump’s nominee for treasury secretary, Steve Mnuchin, praised the deal with Carrier this morning as he entered Trump Tower in New York City for meetings with the president-elect.

"I think it's terrific. The president-elect and the vice president-elect picked up the phone and called them and said we want to keep jobs here. I can’t remember the last time a president did that," Mnuchin told reporters this morning.

Carrier’s announcement in February that it was eliminating the 1,400 jobs was paired with grim news from another Indiana company, United Technologies Electronic Controls, that 700 jobs would be eliminated at its facility in Huntington.

Both companies are units of Hartford, Connecticut-based United Technologies Corporation, which also owns Pratt and Whitney, an aircraft engine manufacturer that does significant business with the federal government.

After the February announcements, Gov. Mike Pence and the state legislature went after the two companies to claw back hundreds of thousands of dollars in grants from the Indiana Economic Development Corporation, a quasi-state agency that made grants to the companies to train new and existing workers and to keep jobs in the state. Pence was then and remains the chairman of the board of the Indiana Economic Development Corporation.

Carrier and UTEC eventually repaid the state more than $380,000 in state grants, and Carrier reimbursed the city of Indianapolis for $1.2 million in tax abatements.

A spokeswoman for the IDEC declined today to discuss the new deal with Carrier when reached by ABC News.

Carrier employees and officials of the United Steelworkers Union remained largely in the dark today about the particulars of the deal, but that didn’t dampen the enthusiasm many of them were feeling.

“We thought it was over,” said TJ Bray, an insulator at the Indianapolis plant. “And it’s crazy to believe that our jobs are staying here. We are overjoyed right now.”

Copyright © 2016, ABC Radio. All rights reserved.


Subscribe To This Feed

ABC News(NEW YORK) --  The fate of Donald Trump's fleet of businesses -- which ignited critics who say he'll be potentially subject to conflicts of interest -- is up in the air less than two months before the inauguration, but the real estate mogul indicated today that he will be stepping aside.

It remains to be seen, however, how effectively he will be able to distance himself and how he will be able to create a true firewall between his team and his children, should they take the reins as previously indicated.

In a series of tweets this morning, Trump said that "legal documents are being crafted which take me completely out of business operations."

"I will be leaving my great business in total in order to fully focus on running the country," he wrote in one of the tweets.

"While I am not mandated to do this under the law, I feel it is visually important, as President, to in no way have a conflict of interest with my various businesses," he continued.

Trump wrote that he will be "holding a major news conference... with my children" to discuss the plans in mid-December.

The Office of Government Ethics applauded Trump's plan to divest himself of business ties in a series of gushing tweets, though spokesman Seth Jaffe told ABC News that they “don’t know the details of their plan but we are willing and eager to help them with it.”

Trump said repeatedly on the campaign trail that his children will be left in charge of the family business, but he also said he will consider putting his holdings in a blind trust, where a business owner removes himself from operations and puts an independent individual or body in charge in order to prevent conflicts of interest. However, it's not clear what his current thinking is on how he plans to proceed in separating himself from the business.

In the Jan. 14 Republican primary debate, Trump said he would put his business in a blind trust.

"I would put it in a blind trust. Well, I don't know if it's a blind trust if Ivanka, Don and Eric run it," Trump said at the sixth primary debate. "If that's a blind trust, I don't know. But I would probably have my children run it with my executives and I wouldn't ever be involved because I wouldn't care about anything but our country, anything."

The statements appear to be at odds with each other -- if his children take charge of the business, they may communicate with him about dealings, which could influence policy or vice versa. If there is any communication or influence, the trust is no longer “blind.”

When Donald Trump Jr. was asked about the matter on "Good Morning America" in September, the eldest Trump son appeared unmoved.

"A blind trust is not a blind trust if it's being run by his children," ABC News Chief Anchor George Stephanopoulos told Trump Jr.

"It is because he'll have nothing to do with it, George. He said that," he responded.

The Vast Trump Empire

The Trump brand is global, with the real estate mogul's company, the Trump Organization, holding properties around the United States as well as in several countries.

While the full extent of the president-elect's business ties are not clear, a financial disclosure form filed in July 2015 lists him as being associated with hundreds of LLCs and corporations.

The form lists the approximate value of the companies, ranging from less than $201 to more than $50 million. Incomes are listed in ranges in most cases as well.

The Trump Organization has two golf courses in Dubai, two courses and matching hotels in Scotland, a course and matching hotel in Ireland, two hotels in Canada, two buildings in India, and buildings in the Philippines, Uruguay, Brazil, Panama and South Africa.

 The Trump name is also attached to 12 golf courses in seven states across the U.S., his realty company has listings in four states, and hotels in six states as well as their latest hotel in Washington D.C., which opened during the campaign.

However, Trump became the first presidential candidate in decades to not release his tax returns, so the president-elect's precise income, assets and liabilities remain unknown. Trump has said his taxes are under audit.

What Divestiture Would Entail

During an interview with The New York Times after the election, Trump said "the law is totally on my side, meaning, the president can't have a conflict of interest... Despite that, I don’t want there to be a conflict of interest anyway."

Trump's assessment of the law is not entirely wrong: the president is exempt from prosecution under certain federal statutes that bar conflicts of interest, but laws against bribery, nepotism, and using public office for personal financial gain could still apply to him.

Paul Rothstein, a professor at Georgetown University Law School, said that Trump and all presidents are not bound by conflicts of interest laws that apply to other government officials.

"He is exempt from such laws because the thought apparently was that if the people trust a person enough to elect him President, he can be trusted with this," Rothstein told ABC News.

"He is bound by the emoluments clause of the Constitution, which says he cannot get financial benefit from foreign powers--and I can see that coming into play with some of his foreign investments," Rothstein said.

While Congress could launch investigations into perceived improprieties and launch impeachment proceedings if the situation is grave enough, there is no body specifically tasked with keeping watch of any misdeeds.

"Public opinion is the only policeman when it comes to conflicts of interest," said Matthew Sanderson, a Republican lawyer with the law firm Caplin & Drysdale.

Sanderson said that if Trump opts to put the Trump Organization into a blind trust, the process could last up to a year.

"He can sell some of his assets off to third parties and then sell the remaining core business to his children. He would place the proceeds of these sales into a trust and then appoint an independent individual as a trustee to be a steward over the funds, which is the component that makes the trust 'blind' and prevents conflicts of interest that could otherwise drag down his presidency," Sanderson told ABC.

There are several further steps that would have to be taken, Sanderson said, including issuing orders to stop anyone in the White House from treating his former business holdings differently than any others, and enacting a "'firewall' policy that would prohibit him and his White House staff from discussing business matters with anyone running his former businesses and then keep his children out of any formal [or] informal adviser positions, since they would be running the business."

The Office of Government Ethics applauded Trump's plan to divest himself of his business ties in a series of gushing tweets.

"Divestiture resolves conflicts of interest in a way that transferring control does not," OGE spokesman Seth Jaffe said. "We don’t know the details of their plan, but we are willing and eager to help them with it.”

Copyright © 2016, ABC Radio. All rights reserved.


God Bless America & Our Home Louisiana

970 KSYL On Air Now
Rush Limbaugh
Rush Limbaugh
11:00am - 2:00pm
Rush Limbaugh
He's Back!

Week Nights 8 to 11

KSYL 970am / 100.3 HD3

Kim Komando

Click For Kim Komando's Daily Tip!!

The Best Of The 60's & 70's

Now On Air At 100.3 HD2

Or Click The Logo Above

To Listen.


State Wire
North Rapides Business & Industry Alliance



All Weekend Long

It's a

Political Free Zone!

Good Food Project

LinkedUpRadio Envisionwise Web Services