Despite concerns about China, General Electric's (GE) vice chairman said at Davos the conglomerate remains committed there, following last week's deal to sell its appliances business to Qingdao-based Haier Group for $5.4 billion. (CNBC)
On CNBC's "Squawk Box" from Davos, special guests include Secretary of State John Kerry at 7:40 a.m. ET, and Treasury Secretary Jack Lew at 8 a.m. ET.
Taiwan-based Foxconn, best known as a top iPhone assembler, has offered $5.3 billion for troubled Japanese electronics maker Sharp. An investment fund backed by the Japanese government is pursuing Sharp. (WSJ)
Viacom (VIAB) cut by 85 percent compensation for ailing executive chairman Sumner Redstone, amid legal battles questioning his competence. CEO Philippe Dauman's pay declined about 30 percent. (AP)
Facebook Sports Stadium, a dedicated place to experience sports in real-time with friends, debuts at the NFL's conference championship games and then the Super Bowl. (AP)
Tens of millions of Americans in the Mid-Atlantic and Northeast are bracing for a massive snowstorm this weekend. A blizzard watch is in effect for the Washington, D.C., which could see one to two feet of snow. (USA Today)