U.S. shale has put the country on the same terrain as Saudi Arabia and Russia. In the process, it may turn oil into a safe haven.» Read More
Obama used his talks with business leaders to keep up a lobbying campaign for passage of his economic plan, which could be the signature domestic initiative of his first term as he struggles to deal with the worst financial crisis in decades.
President Barack Obama's $825 billion package is headed toward passing in a sharply divided House of Representatives on Wednesday.
I asked the questions, and you told me in no uncertain terms what you think the President should do with the auto makers. Your reasons for each answer varied, and there were some you disagreed on more than others. With that said, let me give you a sense of some answers.
Futures have been holding impressive gains overnight, on top of a three-day gain, as markets are expecting news on several fronts.
If an army travels on its stomach, it's not surprising that the Davos army can be drawn by scents of comestibles.
Infosys CEO Kris Gopalakrishnan is guest blogging for CNBC.com at WEF. Here are some of his thoughts he related to us as the event gets underway, including what he hopes to see from the sessions, what his company discloses on banks and what he hopes to see at the buffet table.
Alcatel-Lucent CEO Ben Verwaayen is guest blogging for CNBC.com. Here are some of his thoughts related to us on the first day at Davos, including the shift from chit-chat to note- taking, the presence of Russia and China and if executives really travel here touting cost cuts.
"If Davos wouldn't be there we'd have to invent it, given the circumstances we're in," Ben Verwaayen, CEO of Alcatel-Lucent, told CNBC.com.
US and global stocks are still likely to fall because the corporate and economic news will be worse than expected, Nouriel Roubini, RGE Monitor Chairman, told CNBC in Davos.
Mostly, it's a pretty gloomy outlook here. But sometimes, you hear from those who have a sunnier disposition, at least relatively speaking.
That was the opinion of economist Nouriel Roubini, of RGE Monitor, who was one of the first people to predict the housing crisis, speaking to "Squawk Box Europe" this morning.
We caught up with the head of WPP on his way to dinner. Check out his hat.
More companies announced layoffs on Tuesday as the employment picture continued to dim.
Yahoo investors are preparing for the worst and hoping for the best, but those hopes are dim for any good news after the bell tonight when the company reports its fourth quarter earnings.
Among the things I learned from covering Davos last year is that the press badge makes the journalist, not the clothing. What's more, be prepared to run, stay warm and stay on your feet.
President Barack Obama visits Capitol Hill Tuesday to try to build momentum for an $825 billion package he says is urgently needed to keep the U.S. economy from sinking into an even deeper recession.
The big news overnight was the floating of a trial balloon by the Japanese government to buy shares in firms as part of a scheme to supply liquidity to the corporate sector.
"It is a wonderful opportunity for policy makers, for public and private to get together in one location and really talk and discuss what we can do, not just on a national basis but on an international global basis," Robert Greifeld, CEO of Nasdaq-OMX Group, said ahead of WEF.
After yesterday's depressing results, it's pleasant to see a number of companies beat or coming in in-line with expectations; even guidance is not horrible today.
I hear it all the time. "Those guys know how to build a car that can get 50 MPG, but they just don't want to."
Get the best of CNBC in your inbox