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World Economic Forum at Davos

  • Reuters' Lauren Tara LaCapra reports from the center of today's Davos action:

    "At a packed lounge in the conference center, Steve Schwarzman, CEO of private-equity firm Blackstone Group, was sitting solo at a small table, reading and drinking water. Asked what is on his agenda at the conference, and whether he had a positive or negative outlook on the economy, he voiced displeasure for U.S. President Barack Obama. He referred to the president as 'the guy who forgot to mention the economy after four years as president' in his inauguration speech. 'That wasn't an accident,' Schwarzman added."

    Here's the full text of President Obama's speech.
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Hundreds of migrants protest at Budapest station, want to go to Germany

BUDAPEST - Hundreds of migrants protested in front of Budapest's Keleti Railway Terminus for a second straight day on Wednesday, shouting "Freedom, freedom!" and demanding to be let onto trains bound for Germany from a station that has been closed to them. | Video