#davos

#davos

Aki Ito is our chief correspondent on careers, a huge topic for Davos - and for us. She asked people across business tough questions about the future of work (believe me, I was in the room) to help bring insights for your success. She also moderated a conversation with chief people officers from companies across the business world. You'll see her takeaways from that soon.

I think it's very, very ironic that Gov. Newsom who strikes me as Patrick Bateman meets Sparkle Beach Ken may be the only Californian who knows less about economics than Kamala Harris, said Bessent.

Trump said on Wednesday that he will not use force to get Greenland, but is "seeking immediate negotiations to once again discuss the acquisition" by the US. Trump's ongoing threats against Europe over his desire to take over Greenland have been dominating this year's Davos agenda. All eyes were on Trump during his 70-minute-long speech, with billionaire CEOs - including Apple's Tim Cook and Salesforce's Marc Benioff - alongside heads of state filling up Congress Hall to hear what he had to say.

The promenade in this ski town turns into a tech trade show floor at WEF time, with the logos of prominent software companies and consulting firms plastered to shopfronts and signage touting various AI products. But while last year's Davos was dominated by hype around AI agents and overwrought hand-wringing that the debut of DeepSeek's R1 model, which happened during 2025's WEF, could mean the capital-intensive plans of the U.S. AI companies were for naught, this year's AI discussions seem more sober and grounded.

President Donald Trump plans to use a key address Wednesday to try to convince Americans he can make housing more affordable, but he's picked a strange backdrop for the speech: a Swiss mountain town where ski chalets for vacations cost a cool $4.4 million.On the anniversary of his inauguration, Trump is flying to the World Economic Forum in Davos - an annual gathering of the global elite - where he may see many of the billionaires he has surrounded himself with during his first year back in the White House.

Business Insider tracked at least 157 private jets that arrived near the Alpine town, using data from ADS-B Exchange and JetSpy, which track FAA-registered aircraft. More than half of the flights tracked landed at Zurich International Airport. Another 45 came into Friedrichshafen, a German city on the shore of Lake Constance, just over the Swiss border. The rest were spread across other smaller airports in Switzerland.

"M&A is high on the agenda," said Sharon Marcil, North America chair at BCG. "We're hearing it from so many CEOs."

I'm all for Trump taking out enemies of the West. Maduro, the Iranian regime. But if he falls out with his own allies and leaves America isolated, that, that would be a very bad place to be.