Trump and his Greenland threats are set to dominate a high-stakes World Economic Forum in Davos

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• In today’s CEO Daily: Diane Brady previews a high-stakes World Economic Forum in Davos.
• The big story: The weak business case for Greenland.
• The markets: Mixed globally, with U.S. markets closed for MLK Day.
• Plus: All the news and watercooler chat from Fortune.

Good morning from Davos, Switzerland where the 56^th annual meeting of the World Economic Forum is now underway. Organizers are calling this one of the highest-level gatherings in WEF history, a mix of almost 3,000 global leaders with about 850 top CEOs and chairs and a record 400 top political leaders, including 64 heads of state. All eyes will be on President Donald Trump, who’s coming with five cabinet secretaries and a large delegation of other senior officials. The theme this year, WEF’s first without founding chairman Klaus Schwab at the helm, is “A Spirit of Dialogue.”