Jp morgan, more hiring. Starbucks, better wages and benefits. The tax cut path through movement keeps on rolling. Politics, oh, as contentious as ever. Senator schumer changes course. Now he says no wall. The president responds. No wall, no daca. Mr. Trump flies to europe tonight. Whats he going to say to the assembled global elites snoop hes already being accused of starting a trade war on those washing machines and solar panels. And his treasury secretary says a weak dollar helps america. Not supposed to say that if youre the treasury secretary, but he did. Friday, the big speech President Trump lays it out. America is open for business. It may be the most important Economic Policy speech of his presidency so far. And we are very glad that you are watching us. Varney company is about to begin. Stuart all right. Im going to start with General Electric. The stock is up only 1. 7 . There was less money coming in. There was less profit. There were a couple of bright spots in the oil and gas business. But thats about it and the stock is only barely holding onto a small gain. Liz peak is with us now. Whats going on with this . The great General Electric. Well, i think the big story continues to be the whole reorganization of ge. The stock is down over 40 , and i think people are sort of saying, hey, at 16, maybe this is the moment to step in. I thought the Fourth Quarter numbers were terrible. The market was overlooking that. But it wasnt just earnings falling short. Revenues were way below projected levels. The bright spot is my old turf. The oil and gas industry. Baker hues investment. Rig count has more than doubled in the past year and oil industry, people are extremely positive about the rise weve seen in oil prices. So i think that will be a positive going forward. But i dont think its enough to say that ge is in a turn around mode. Stuart maybe a lot of people are looking for a bottom. They figured 16 bucks a share was the bottom. So if you jump in now, regardless of the progress report, you might get a couple of dollars rebound. Absolutely and a completely Strong Economy and the market going up every day as you just recently pointed out, you know, its a fair bet that there will be a bottom formed here at some point and maybe this is it. People are very positive on this management team, but they have to produce. Ashley what about a breakup later in the year . The rumors abound on that daily. Stuart yeah. Ashley what does that do . Stuart you know, we were up 5 on ge about 15 minutes ago. Now were up 2 . Liz stocks trading below its breakup value. Stuart enough about ge. Moving on. Lets get to politics. Why not. Senate minority leader Chuck Schumer now says no on the wall. Roll tape. President trumps inability to negotiate with congress is what caused the threeday government shut down from which weve just emerged. Its causing the fact that were not making more progress on these issues. Were going to have to start on a new basis and the wall offers off the table. Stuart all right. The wall offers off the table. Now the response from President Trump. Crying Chuck Schumer fully understands, especially after his humiliating defeat. That if there is no wall, there is no daca. We must have safety and security together with a Strong Military for our great people. Come on in, rnc spokesperson caylee. The president is playing hardball, isnt he . Yes. Because he can play hardball now because Chuck Schumer after the shut down is in the weakest negotiating position he could possibly be in, stuart. Think about this. He cannot shut down the government. That was a huge loss. Everyone in the media, no matter where you look is saying it. And he has to get an immigration deal in the next three weeks or his left wing is going to cleave away from him. Hes in the weakest position. Time for chuck to come to the table. Stuart nonetheless, we may be back in the standoff position. The way we were just last friday. We may be back in that same position what . A few days from now. Thats right. We may be in the same standoff position as we approach that february 8th deadline. But heres the difference. When we approached it last time, democrats thought they could win a shutdown with war because they historically have always done so. They lost this last one. There is no chance i would be shocked, stuart, if they force another shut down that they will begin lose. It would be very, very eye opening and i dont foresee that happening. Stuart maybe i ask a quick question on do you haveose. The president leaves tonight for europe. What do you think hes going to say . Is he going to play hardball with the global elites over there . I suspect he will. This is a president that has said America First unmistakably. The factory worker comes first in trade negotiations. Hes shown that to be true in his actions as president. So this is what the American Public wants to see might make some people at davos not happy. We want allies. We have to have allies but that said, the American Worker always comes first with this president. Stuart i think hes going to make lots of people in davos very, very unhappy. And you love it, dont you . I love it. Stuart caylee, thank you for joining us. Appreciate it. Thank you, stuart,. Stuart i want more on davos because the president has been accused of starting a trade war. 78 i, he has imposed tariffs on washing machines coming into the country, solar panels from china. Is that a trade war . No. Its a shot across the bow. Basically, reaffirming that he is going to do whats in the best interest for american manufacturers and American Workers. But i wanted to start with the idea he goes to davos, whats he going to talk about . The imf came out this week and basically said that had because of trumps tax plan and trumps agenda, the entire world is going up. Do not think hes going to tell that to all the people in the room. Because of me, your gdp gains are going to be better than expected. Thats what the ims said. That is a huge credit to this president. Stuart i did not know that. I know the imf raised its forecast for the Global Economy 4. 9 this year. I didnt know that they said it was trump that had done it. Yes. Because of the tax cuts. This is further affirmation. As for the trade war, we need to remember interestingly two years ago the eu imposed almost 50 tariffs on solar panels. Barack obama imposed tariffs on solar panels. Why . Because the chinese had way overbuilt this industry. They were dumping in the United States and in the eu and so this is a perfectlyreasonable follow on. Of course, this is a double outrage from President Trump because it also interferes with the growth in some peoples view of green energy in this country. Stuart sure does. But it is not a trade war. Not yet. Stuart not yet. Warning shot across the bows. I think youre right. Exactly. Stuart hold on a second, liz. I want to get back to President Trump who is tweeting some more on the economy. Listen to this. Tremendous investment by companies from all over the world being made in america. Theres never been anything like it. Now disney, jp morgan chase, and many others massive regulation reduction and tax cuts are making us a powerhouse again. Long way to go. Jobs, jobs, jobs. Now, wait a second. We have more Companies Offering bonuses. Liz verizon, starbucks, brown foramen. Verizon is handing bonuses to workers. Starbucks is giving stock grants to workers. So verizon is doing the same. Now the list is 240 companies are giving back to tax cuts in some form. So heres the thing. This is even before the repatriation of cash by Tech Companies. The cash overseas. We havent even seen that yet. So its 240 now. Ashley i just want to tie that back into davos because even the snobby elites are having to clinch teeth admit that donald trump rather than the apocalypse that they forecast when he was elected that the economy is doing so well to the point that the imf at davos said what you know . The u. S. Economy is firing along well and praise the tax cuts. Hurt them to admit it. Stuart on your screen the list of companies i want to add disney. Liz disney is adding bonuses and raising. Stuart 1,000 to 125,000 employees. Liz thats correct. Stuart starbucks is giving better benefits. Liz and pay raises. Stuart to 150,000 of its workers. Liz and, by the way, a lot of those companies are in districts that democrats have won. So this is a real shout out i think from Corporate America saying you know what, dc . This is what weve been wanting all along. It seems all of Corporate America is responding. And, by the way, what i think is great is almost all of them have said its because the tax bill. Its not because wow were doing so great. Business is up, were going to do this. If they were correcting the gop tax bill. So i think that and, by the way, i would think the number on workers now has to be over 2. 5 million workers. Ashley and the reporters talking to Mick Mulvaney at the white house saying this has nothing to do with tax reform. How stupid do they look . Stuart that was the first question from gary cohn yesterday. The very first question. How could trump take credit for this . The money was in the coughers already. When the companies themselves are saying its because of the tax cut. Its so stupid. Stuart more on that at the top of the coming hour. Okay . Stay there, everybody. How about this from comcast . Adding a lot of high Speed Internet customers. The market doesnt care much for that. Its down 1. 7 . 41 on comcast. Better revenue. Thats money coming in at United Technologies. And a pretty good profit forecast. But the stock is down a fraction. Qualcomm. I find this a very interesting story. Qualcomm has been fined 1. 2 billion by the europeans for paying off apple not to use rival chips in iphones. In other words, an American Company is fined because of its business dealings with another American Company fined by the europeans. Ashley thats how europeans make money. Fining American Companies. I mean, thats the biggest budget item they have. Stuart to be cynical, i think youre right. Ashley yeah,. Stuart check futures. Where are we going to open . Weve got about 20 minutes to go. Were going to be going up 100 points. 26,300. Here we come. What could be bad news for tesla. A driver in california rear ending a fire truck. The driver says his autopilot was turned on at the time of the crash. Federal officials investigating. Another bombshell deep state conspiracy within the fbi. Senator ron johnson says he was he has an informant who is spilling the beans about the secret society within the fbi. Thats a big deal. Judge napolitano on that next on this program each day our planet awakens with signs of opportunity. But with opportunity comes risk. And to manage this risk, the world turns to cme group. We help farmers lock in future prices, banks manage Interest Rate changes and airlines hedge fuel costs. All so they can manage their risks and move forward. Its simply a matter of following the signs. They all lead here. Cme group how the world advances. Ythen you turn 40 ande everything goes. Tell me about it. You know, its made me think, im closer to my retirement days than i am my college days. Hm. Im thinking. Will i have enough . Should i change something . Well, youre asking the right questions. I just want to know, am i gonna be okay . I know people who specialize in am i going to be okay. I like that. You may need glasses though. Yeah. Schedule a complimentary goal Planning Session today with td ameritrade. Stuart United Continental says theyre going to match the low fairs of their competitors, and theyre going to increase capacity. Investors are a little worried that that might hit profits, so that stock is i believe down whoa. Yes, it is down 7 on united. Thats premarket. Better profit Royal Caribbean cruises why . Well, the ticket prices are higher and people are spending a lot more onboard. Theyre drinking up a storm. Royal caribbean is up only 58 cents, however. The pentagon says a deadly air strike against isis was carried out during the government shut down. Thats interesting. Ashley it is. It happened saturday. The government was shut down. Well, try telling that to these isis fighters. 150 of them were killed on saturday following an air strike in Eastern Syria. Whats interesting is isis has lost 98 of its territory. The last pocket is in Eastern Syria near the iraqi border. This strike took out 150 isis fighters. They are really decimated. But their leader abu baghdadi still alive, its believed and hiding somewhere in that area. So were getting to the very end of this now. The government shut down . Forget about it. Stuart but the military was active during the government shut down. Ashley oh, very. Stuart senator ron johnson revealed more to fox news about messages exchange between fbi agents lisa page and peter struck. You better watch this. Roll tape. Corruption more than bias. The corruption at the highest levels of the fbi and that secret society. We have an informant thats talking about a group that was Holding Secret meetings offsite. A secret society. A secret meetings offsite of the Justice Department. Correct. And you have an informant saying that . Yes. Stuart how about that . All rise. Judge napolitano is here. A secret society within the fbi meeting offsite. That is a conspiracy. Well, a conspiracy is an agreement to commit a crime. So if theyre getting together to blast trump or praise hillary clinton, thats not a conspiracy under the law and theres no criminal behavior, which it would depend upon what they agreed to do. They agree to try to dislodge donald trump from the presidency by unlawful means, of course stuart or open up an avenue on attack on the annualelected president , like, through the russian dossier. Well, that wouldnt necessarily be criminal because that would require the development of evidence. Stuart come on, judge. Thats not be legalistic about this. Theres a group within the Justice Department averting the course of our politics. If theyre agreeing to do something, its criminal. By the way, they dont even have to leave the fbi building because there are secure places in the building where they can have conversations that cant be recorded. Stuart okay. Then there is no crime. But its its tantalizing. He has an undercover informality. He has someone working in the fbi telling him about it. Of course we want to know what it is. Stuart thats the break through, isnt it . The senator has an informant inside the workings here telling him whats going on, thats a big deal. It is. Stuart thats a window into the conspiracy. Providing it is a conspiracy, which is an agreement to perform an illegal act where one person in the among the agreers takes a step in furtherance of the agreement. Stuart is this worse than watergate because i think it is. Watergate succeeded. Watergate dislodged a president. If it is a plot, it will be stopped in its tracks. Stuart what i mean by watergate is that was a horrendous political scandal. Yes. Stuart i think this is just as bad. Its starting to look pretty bad to be honest with you, and it all seems to be coming together with Jeff Sessions having been interviewed last week. I dont know how they pulled that off without us knowing about it, by the way. But they did. Stuart what does that have to do within the fbi . Jeff sessions was interviewed on russia, russia, russia. We dont know what it was asked about. He is the ultimate person responsible for what happens in the fbi. The fbi works for him. So we dont know what he was asked about, and we dont know what the president will be asked about if the president , in my opinion, is unwise enough to agree to meet with the special prosecutor. You dont meet with somebody thats trying to prosecute yo y. Stuart all right, judge, well leave it at that. All right. Stuart i reluctantly leave it at that. Tantalizing until the 11th. Stuart yes. Thanks, judge. Now, nbc nightly news, they went live from north korea. Their anchor got slammed on social media, particularly for softball coverage of this oppressive regime. Full details for you. Stuart this just coming to us. Germanys chancellor Angela Merkel takes a shot at President Trump even before he gets to davos. Ashley well, a couple of things. She says we should not complain when other Companies Like the u. S. Reform their tax systems. Interesting. But then she goes on to say the pursuit of nationalist solutions risks creating a spiral that makes it difficult for countries to talk to each other. Stuart you cant defend your sovereignty by being a national. Ashley no, you cant. America first . Thats dreadful. Thats what shes saying. Stuart i wonder if President Trump will meet Angela Merkel. I dont know whether shes going. I know he is. But that will make a good confrontation, wont it . Ashley fly on the wall again. Stuart how about this . Nbc under fire. Especially on social media for his coverage from north korea. Liz social media is attacking north korea why are you aiding and abetting the propaganda of north korea making like youre doing news reporting when it was clearly staged events. North korea built the itinerary for this event. Its an advance of nbc covering exclusively the winter olympics. The billion dollars they paid to south korea. Also saying that theres a new alliance between north korea and south korea when it comes to the olym