David we have some breaking news coming out of washington. With a majorroup announcement about leadership succession. It was led by David Rubenstein who also hosts the David Rubenstein show right here on bloomberg television. Jason kelly joins us now to talk about carlisle and the private Equity Industry which he has covered for many years. This is a big year. This is a moment we have been waiting for for a long time and private equity. The three founders are handing nwe ceosover to two two new ceos. These are both men who have spent some years at the company, and now we know who will be running one of the Worlds Largest equity firms effective january 1. A little bit of runway. This is really only the second time that we have heard a clear sense of who will run the big private equity firm. Alix who is left that we need to hear from for secession . Wonder once i want to make sure we do not miss is that kkr to tee twowee guys up, but they said they were not going anywhere right now. This
Fences plus the key pieces of advice he wants his kids to live by. But we begin this morning with a look at todays eye opener, your world in 90 seconds. Hes a master commatuniccomm. And a fabulous writer. Thats how hell deliver the address. As the inauguration of president elect donald trump nears the controversy continues. H wit nato, cia, china, republicans in congress and with john lewis. I cant imagine a more destabilizing weekend. After almost three years the search for missing malaysia airl finestligh mh370 has been called off. A deadly shootin mg ino. Exic i dont know how to get over this. The man accused ofry caring out a shooting on new years day in istanbul has been arrested. A woman faces obstruction of weve got poweres lin everywhere. Pockets of snow and freezing rain have developed from the sent trap plains to the great lakes. Transformers are blowing. Trees are falling. Ha former Astronaut Gene Cernan s died. An alligator in florida has people thinking about dinosaurs. Lo
1,500 new or retained prodution jobs, 5,000 positions, primarily in engineering and information technology, plus 450 blue collar jobs brought from mexico. Economist diane swank. These are longterm plans. You dont decide where youre going to build a manufacturing plant overnight. Reporter and yet, on january 3, when ford killed plans for a new plant in mexico, mr. Trump suggested the company had done him a favor. Thank you to ford, he tweeted, for scrapping a new plant in mexico and creating 700 new jobs in the u. S. This is just beginning. But ford said the decision was based on demand for their vehicles. Last week, when fiatchrysler outlined a big expansion, trump tweeted, its finally happening. But while that company said it was merely the second phase of plan made public a year ago, diane swank says the timing of such announcements is at least partly an attempt to get on the right side of the incoming administration. This is a time you take whatever is already there and put it up fr
You can help children in low income neighborhoods get the help they need to stay in school and go on to college. I have a dream foundation provides mentoring, academic help, and tuition to make this dream come true. Learn how this Program Helps students build life skills while increasing High School Graduation and College Participation rates. Visit and find out how you can be a part of the dream. Cbs cares. Cer you taught him how to hit a baseball. How to hit a receiver. You even taught him how to hit the open man. But how much time have you spent teaching him. What not to hit . Mr. Trumps nominees for defense secretary and cia director are likely to be the first confirmed by the senate, perhaps as early as Inauguration Day. But Major Garrett reports nominees to other departments, including health and human services, are being slowed down by questions from their past. The hip act, as an Orthopedic Surgeon i bear some familiarity with this area. Reporter that was tom price in june talki
Mr. Trumps nominees for defense secretary and cia director are likely to be the first confirmed by the senate, perhaps as early as Inauguration Day. But Major Garrett reports nominees to other departments, including health and human services, are being slowed down by questions from their past. The hip act, as an Orthopedic Surgeon i bear some familiarity with this area. Reporter that was tom price in june talking about legislation he introduced to delay a federal regulation related to hip replacements. A week before he introduced that bill, price bought between 1,000 and 15,000 of stock in a company that stood to benefit from that delay. Federal law prohibits members of congress from using inside information to make stock trades. Senate minority leader chuck schume trade was illegal. Reporter mr. Trumps nominee to lead the labor department, andy puzder, has drawn protest over his labor practices at his fast food restaurants. Transition Officials Say he has growing reservations about en