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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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Exclusive: Walkout at Taliban leadership meeting raises specter of split

PESHAWAR, Pakistan - At the Taliban meeting this week where Mullah Akhtar Mohammad Mansour was named as the Islamist militant group's new head, several senior figures in the movement, including the son and brother of late leader Mullah Omar, walked out in protest.