Government could buy more boeing planes and the stock hits a new high. Coal country celebrates. The president follows through on his promise to roll back regulations. But is it enough to get the ailing industry back on its feet . Those stories and more tonight on nightly Business Report for friday, february 17th. Good evening, everybody. Kraft heinz is hungry for a deal, a big one. One worth more than 140 billion. The food conglomerate, backed by billionaire Warren Buffett and the brazilian private equity ferm 3g made a takeover offer for unilever in what would be one of the biggest deals ever. But unilever said hold the mayo and kraft heinz may not take no for an answer. That may be why shares of both companies soared double digits in trading today. Sarah ieisen explains why this may just be the beginning of a Consumer Food saga. Kraft heinz, which itself was born out of an acquisition put together by brazilian private equity giant 3g and Warren Buffett is trying to combine itself wit
President elect donald trump on the campaign trail for its decision to move to mexico. Now the automaker has decided to switch gears and keep production in kentucky. Phil lebeau has more on fords decision. Reporter its not a huge selling model for ford, but the lincoln mkc has become a big deal for president elect donald trump and his promise to protect american jobs. While running for president , donald trump repeatedly blasted ford for planning to move to mexico. Ford said it would still build models where costs are lower. Then came this tweet from donald trump. Just got a call from bill ford, chairman of ford, who advised me he will be keeping the lincoln plant in kentucky. No mexico. So why did bill ford agree to keep mkc production in the u. S. . Officially, ford said its always reviewing production plants. But this move helps the company in two ways. It allows donald trump to take a victory lap for saving jobs while not having an impact on the automaker. The company billed last y
President elect donald trump on the campaign trail for its decision to move to mexico. Now the automaker has decided to switch gears and keep production in kentucky. Phil lebeau has more on fords decision. Reporter its not a huge selling model for ford, but the lincoln mkc has become a big deal for president elect donald trump and his promise to protect american jobs. While running for president , donald trump repeatedly blasted ford for planning to move to mexico. Ford said it would still build models where costs are lower. Then came this tweet from donald trump. Just got a call from bill ford, chairman of ford, who advised me he will be keeping the lincoln plant in kentucky. No mexico. So why did bill ford agree to keep mkc production in the u. S. . Officially, ford said its always reviewing production plants. But this move helps the company in two ways. It allows donald trump to take a victory lap for saving jobs while not having an impact on the automaker. The company billed last y
President elect donald trump on the campaign trail for its decision to move to mexico. Now the automaker has decided to switch gears and keep production in kentucky. Phil lebeau has more on fords decision. Reporter its not a huge selling model for ford, but the lincoln mkc has become a big deal for president elect donald trump and his promise to protect american jobs. While running for president , donald trump repeatedly blasted ford for planning to move to mexico. Ford said it would still build models where costs are lower. Then came this tweet from donald trump. Just got a call from bill ford, chairman of ford, who advised me he will be keeping the lincoln plant in kentucky. No mexico. So why did bill ford agree to keep mkc production in the u. S. . Officially, ford said its always reviewing production plants. But this move helps the company in two ways. It allows donald trump to take a victory lap for saving jobs while not having an impact on the automaker. The company billed last y
Crude prices ended the day by 1. 50. Wti is up against another 16 cents to 47. 48. Brent is down by three cents to 48. 95. Earnings just out now from home depot. The dow component posted a profit of 1. 44 a share was eight cents above expectations. Revenue also beat analysts forecasts. The company also raised its fouryear guidance to 6. 27 a share. Were going to dig through the report im digging. With an analyst at this point. The stock is looking really strong today. That should help the dow to some extent. Since it is in the dow. And i believe that is an alltime high. Alltime high for home depot. And youre talk about a market cap of closing in on 200 billion. And you know, we have still a young guy, energetic dude. Started in his lifetime i dont think he was in his 20s when he started either. To create how many thousands of jobs. Create 200 billion worth of shareholder value. Its just an amazing value. And craig meniere the chairman and ceo. Pleased with a strong expected growth. Bro