Carrier says it will keep about 1,000 jobs in Indiana instead of shifting production to Mexico. Donald Trump repeatedly singled out Carrier during his campaign and made stopping the move a priority. Now there is great interest in how Trump and Vice President-elect Mike Pence persuaded the company to reverse its decision.
Before the election, two prominent economists were predicting that the stock market would fall 12 percent lower if Trump won versus Clinton. But, as it often does, the market surprised everybody and went in the other direction.
President-elect Trump tweeted Wednesday morning that he is drafting "legal documents...[to] take me completely out of business operations." He said he will hold a press conference in two weeks with his children to explain it. Many ethics experts say he would need to liquidate all of his holdings and sell them to non-family members to avoid conflicts. At this point, his plans are unclear.
NPR's Audie Cornish talks to Jesse Eisinger, a senior reporter for ProPublica covering Wall Street, about Trump's connections to Deutsche Bank.
In an odd sequence of events, the federal ethics watchdog praised Trump in a series of snarky tweets for allegedly deciding to divest his businesses — something he hasn't specifically promised.
With the cut, OPEC's production will drop by 1.2 million barrels daily to 32.5 million barrels. The deal takes effect at the start of 2017.
In a series of tweets, President-elect Donald Trump tried to tamp down growing concerns that he will not separate his vast global business interests from his role as head of the U.S. government.
Wilbur Ross Jr. is a donor and longtime associate of Trump's. Ross has grown rich by buying troubled companies and restructuring them with layoffs and budget cuts.
Mnuchin is a hedge fund CEO and longtime Wall Street banker. His involvement in the spike in foreclosures following the housing market's crash could complicate his confirmation.
Oil companies once led in climate science; if they put a fraction of their profits into the search for alternative renewable fuels, they could ensure our collective well-being, says Marcelo Gleiser.
Steve Inskeep talks to Carlos Gutierrez, who served as Secretary of Commerce under George W. Bush, who discusses the future of free trade and U.S.-Cuba relations under President-elect Donald Trump.
Steve Inskeep talks to David Wessel, director of the Hutchins Center at the Brookings Institution and a contributing correspondent to The Wall Street Journal, about Steve Mnuchin's qualifications.
The number of people who say they are struggling to pay medical bills has dropped by 13 million in the past five years, a study finds. An improving economy and the Affordable Care Act are why.
Roughly half of the jobs originally slated to move to Mexico will stay at the air-conditioning company's Indianapolis plan. Trump made the company's decision a major campaign talking point.
During the financial crisis Steve Mnuchin was working to make profits from the ruins of the housing bust. He assembled investors who bought IndyMac, a failed bank that had been taken over by the FDIC.
NPR's Ari Shapiro talks with Steven Schooner, professor of government procurement law at George Washington University, about his op-ed in Government Executive magazine calling on the General Services Administration to end the Trump Organization's lease of the Old Post Office Pavilion, the site of the new Trump hotel on Pennsylvania Avenue in Washington, D.C.
NPR's Audie Cornish talks to Maryland Democrat Elijah Cummings, ranking member of the House Oversight Committee, about efforts to launch an investigation into potential conflicts of interest associated with Donald Trump's businesses.
President-elect Trump selected Don McGahn, an elections lawyer, to be his White House counsel. The job involves anticipating and preventing scandals.
President-elect Donald Trump has vowed to rescind some environmental regulations. Environmentalists are planning ways to keep a new administration from rolling back eco-rules.
Donald Trump has a 60-year lease on his new hotel, just a few blocks from the White House. But its terms say no elected U.S. official shall benefit from the lease.