OPEC deal hope fuels spike in oil, as stocks continue Trump rally
Trump nominated Wall Street veteran Steven Mnuchin as treasury secretary, and billionaire investor Wilbur Ross for commerce secretary. Appearing on CNBC, they said they want to boost the economy through tax and trade reforms. (CNBC)

Trump has picked ex-George W. Bush labor secretary Elaine Chao to head the Transportation Department. Chao, an establishment Republican, is married to Senator Majority Leader Mitch McConnell. (CNBC)



In sharp contrast to previous criticism, Mitt Romney offered effusive praise for Trump's transition effort, after dining together last night, their second meeting about the secretary of state position. (NBC News)

Trump plans to announce tomorrow a deal with United Technologies (UTX) to keep in Indiana close to 1,000 jobs at UTX-owned Carrier, a leader in heating, air-conditioning and refrigeration. (CNBC)

Kellogg (K) has confirmed it'll discontinue advertising on Breitbart.com, the far-right news and commentary site that was formerly run by a top Trump aide Steve Bannon. (USA Today)

After a disastrous election, House Democrats are expected to decide today whether to stick with Minority Leader Nancy Pelosi another term or pass the gavel to lost-shot challenger Rep. Tim Ryan. (NBC News)

President Barack Obama won't be sending a formal delegation to Cuba for Sunday's planned funeral of the ex-Cuban dictator Fidel Castro, instead dispatching a top White House aide. (NY Times)

Three people have died in wildfires around Great Smoky Mountains National Park in Tennessee, and firefighters were bracing for another round of lightning and high winds. (NBC News)

A tornado that hit northeastern Alabama killed at least three people in a mobile home. Four others were critically injured after a 24-hour daycare center was "completely destroyed." (NBC News)

The illegal party drug ecstasy has been approved by the FDA for trial in treating PTSD. After three doses of the drug MDMA, patients in one study averaged a 56 percent decrease in symptom severity. (NY Times)