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Hyundai Motor Group said Tuesday it will significantly increase its investment in the U.S. while Donald Trump is president and is considering building a new U.S. factory. Chung Jin Haeng, a president of the world's fifth-largest automotive group, said Hyundai Motor, Kia Motors and their affiliated companies will spend $3.1 billion by 2021 on research and development and maintaining their factories in Alabama and Georgia. That represents a 50 percent increase from the $2.1 billion the companies invested in the U.S. in 2012-2016. The increased spending comes mostly from research and development, as the South Korean maker of the Genesis...

Rep. Keith Ellison says he will not be attending the inauguration of President-elect Donald Trump on Friday. I will not celebrate a man who preaches a politics of division and hate. I won't be attending Donald Trump's inauguration. — Rep. Keith Ellison (@keithellison) January 16, 2017

The Clinton Global Initiative (CGI) filed a WARN — Worker Adjustment and Retraining Notification — with New York State’s Department of Labor on Thursday, announcing that, effective April 15, 2017, it would be closing its doors and laying off 22 employees. The CGI's stated reason: “Discontinuation of the Clinton Global Initiative.”Following the election, foreign governments that had been regular donors began cutting their contributions to the Clinton Foundation, some severely. For example, news.com.au noted that the Australian government “has not renewed any of its partnerships with the scandal-plagued Clinton Foundation, effectively ending 10 years of taxpayer-funded contributions worth more than...

The State Department held stress management sessions following Donald Trump’s presidential election victory, providing employees tips for how to cope with change so they do not “become paralyzed by fear.” . . . The State Department’s Employee Consultation Service sponsored the stress management events. Workers were given excused absence from their work duties in order to attend the one-hour sessions.

President-elect Trump promised to negotiate a "fair" trade deal with the United Kingdom, softening the economic blow of the British decision to leave the European Union. "I love the UK," Trump told The Sunday Times in his first interview with the British press. "I will be ­meeting with" UK Prime Minister Theresa May. "She's requesting a meeting and we'll have a meeting right after I get into the White House and it'll be, I think we're gonna get something done very quickly." Trump's announcement is an expected reversal of President Obama's warning that the UK would be at the "back...

TEL AVIV – In a dramatic development following the Paris peace summit on Sunday, the United Kingdom refused to sign a joint declaration calling for a two-state solution, saying the document may “harden” the Palestinian stance on negotiations. The UK was notably absent from the conference, which convened representatives and foreign ministers from around 70 nations, including Secretary of State John Kerry; it sent only a junior delegation to act solely in an “observer status.” According to the Guardian, this was a deliberate decision in order to “stay close to Donald Trump’s administration.”

The Democrats are most angry that so many Obama Democrats voted for me. With all of the jobs I am bringing back to our Nation, that number will only get higher. Car companies and others, if they want to do business in our country, have to start making things here again. WIN!

The smartest insight and analysis, from all perspectives, rounded up from around the web: Car companies are desperate to get on the good side of the president-elect, said Bernie Woodall and David Shepardson at Reuters. For months, Donald Trump has threatened to slap big tariffs on cars built in Mexico and has scolded U.S. automakers — sometimes inaccurately — for not building more cars domestically. All that criticism appears to be sinking in. Fiat Chrysler said this week that it will invest $1 billion in two Midwestern plants and create 2,000 U.S. jobs; Ford announced last week that it would...

Dura-Bond Industries has purchased equipment from U.S. Steel’s idled McKeesport plant and hopes to begin producing tubular products primarily for the energy industry within six to nine months, the president of the Export-based company said Thursday.

media reporter Jim Rutenberg documented the latest go-round of Trump vs. the mainstream media, which Rutenberg claimed were “Outgunned, Outmaneuvered and in Need of a Game Plan.” . . . Well, that sure escalated quickly. “That” was Donald J. Trump’s inaugural news conference as a duly elected United States president-to-be, in which he called BuzzFeed a “failing pile of garbage,” dismissed CNN as “fake news” and more or less told the whole lot of reporters at Trump Tower to stuff it when it comes to his unreleased tax returns because everyday Americans don’t care and, anyway, “I won.”

Veteran intelligence officials familiar with Russian disinformation campaigns conclude the Trump “dossier” released by BuzzFeed earlier this week is fraudulent and its author violated basic standards for intelligence reporting, the Daily Caller News Foundation Investigative Group has learned. . . . “From my personal standpoint and my thorough review of this document, I have deemed it a complete and total fabricated fraud,” said Col. James Waurishuk (Ret.), a 30-year veteran who worked for the CIA’s Assymmetric Warfare Task Force. He also served on the White House National Security Council. “For me, it is hard to believe how anyone who claims...

A bill has been proposed in U.S. House of Representatives that would eliminate the Bureau of Alcohol, Tobacco, Firearms and Explosives. The ATF Elimination Act, which was reintroduced by Wisconsin Rep. Jim Sensenbrenner on Thursday, calls for an ATF hiring freeze and would transfer the ATF’s current responsibilities to the Federal Bureau of Investigation and the Drug Enforcement Administration. According to the bill, the FBI and DEA would need to submit a plan for scaling down ATF affairs within 180 days of the bill’s enactment into law. Within one year, the FBI would have to issue a report to...

A Democratic congresswoman announced Thursday she plans on skipping Donald Trump’s inauguration next week as the 45th president of the United States, vowing instead to spend her time laying the groundwork for “resistance.” Rep. Barbara Lee of California said she can’t stomach the idea of attending the Jan. 20 ceremony after Mr. Trump ran “one of the most divisive and prejudiced campaigns in modern history.” “I will not be celebrating or honoring an incoming president who rode racism, sexism, xenophobia and bigotry to the White House,” said Ms. Lee, a member of the Congressional Black Caucus.

McAuliffe joined Holder to head up the National Democratic Redistricting Committee, a group devoted to ensuring that Democrats add representation during the redistricting process, which will be based on the 2020 national census. The two men worry that Democratic donors focus too much on presidential elections, and not enough on the elections which control down ballot races nationwide. “We’ve got to be smarter about how we’re building the future of this party,” McAuliffe told the Times. “We have been decimated at the state level, and it’s at the state level that they draw the maps. We raise all this money...

The Senate is already rolling back President Barack Obama’s legacy. It passed the continuing resolution, S. Con.Res. 3, that tears away the fees, taxes and subsidies from the 201o Patient Protection and Affordable Cart Act, Obamacare, shortly after 1:25 Thursday morning, 51-to-48. All Republicans, except for Sen. Rand Paul (R.-KY), voted for the resolution. Paul criticized the budget resolution for not addressing the federal debt and for not having a companion replacement bill. Sen. Dianne Feinstein (D.-CA), who is recovering from a scheduled medical procedure was absent from the chamber. As senators waited for their names to be called by...

It is tough watching the candidate that you backed lose an election. But when you lose a billion bucks on the market rally that followed, it becomes even harder, even if you still have $29 billion left.  Still, this could rank as the biggest losing election bet in history.  Is there a bit of karma in this? Gregory Zuckerman and Juliet Chung report for the Wall Street Journal that George Soros, aka Dr. Evil, lost twice in the election of Donald Trump to the presidency: Billionaire hedge-fund manager George Soros lost nearly $1 billion as a result of the stock-market rally...

President-elect Donald Trump's meeting with Alibaba founder and executive chairman Jack Ma on Monday was brilliant — but not for the obvious reason of making him look good for being part of a conversation about creating 1 million jobs. What's really smart about it is that puts China on its heels. Trump and Beijing have been engaged in a back-and-forth rattling of sabers from the minute Trump won the election. Remember that Trump took a congratulatory call from Taiwan's president and on the same day Trump met with Ma, a state-run Chinese tabloid warned that China would "take revenge" if...

Agree with his proposed policies or not, it's difficult to argue that Trump is delivering on his promises to the autoworkers of the Midwest who single-handedly voted him into the White House. Before even taking office, the mere threat of import tariffs has caused Ford to cancel the construction of a $1.6 billion new facility in Mexico, and has automotive CEO's from Toyota to Chrysler walking on eggshells as they carefully try to flaunt all of the capital investments they're making in U.S.-based facilities. While likely secretly hoping for the status quo, Fiat Chrysler's U.S. CEO, Sergio Marchionne, admitted earlier...

Chalk up another win for the president-elect? Toyota is set to make a $10 billion capital investment in the U.S. over the next five years, Toyota Motor North America chief executive Jim Lentz said during an interview at the Detroit auto show, Reuters reported.

DETROIT (AP) -- Fiat Chrysler will add three new Jeeps to its lineup including a pickup truck as it invests $1 billion in two U.S. factories, furthering its effort to increase production of hot-selling SUVs and pickup trucks and get out of producing small and midsize cars. The expansion will create 2,000 new jobs. The Italian-American automaker said Sunday it will modernize a factory in the Detroit suburb of Warren, Michigan, to make the new Jeep Wagoneer and Grand Wagoneer large SUVs. A factory complex just south of there in Toledo, Ohio, also will get new equipment to make the...