Europe News

U.S. markets mixed in response to 2.8 percent GDP growth. Chevron announces earnings were down 3.2 percent, while P&G beats but lowers estimates due to currency concerns. Ford cites increased commodity costs as it reports lower than expected Q4 profit. And Costa Cruises offers $14,460 to each Concordia passenger.

Ellen Kullman, CEO of DuPont joined CNBC to discuss the global economy. "It's a mixed bag," she said, adding that growth at DuPont would come from innovation.

Roland Rudd, chairman, Business for New Europe joined CNBC in Davos to discuss fairness in executive pay. "Governments have to stand up for what business does," he said, adding they need their growth engine.

The quarter that we just completed was just in line, says Jon Moeller, Procter & Gamble CFO, who shares the company's growth projections and says the numbers are slightly lower reflecting primarily the foreign exchange environment.

Randy Kroszner, University of Chicago professor, discusses the Fed's decision to keep interest lows, and its impact on the economy.

Alan Blinder, Princeton University economics professor, anitcipates Fed chief Ben Bernanke's next moves after surprising the market with no interest rate hikes before late 2014.