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Globalization in focus at Davos as Theresa May talks Brexit, US readies for Trump

Yahoo Finance

Wall Street is set for a lower open as investors focus on Theresa May’s comments about Brexit and prepare for the Friday inauguration of Donald Trump as US president.

Here are some of the other stories the Yahoo Finance team is covering for you today.

Davos takes center stage
World leaders are gathered in Davos, Switzerland, this week and Yahoo Finance editor-in-chief Andy Serwer and anchor Alexis Christoforous are on site to bring you interviews and analysis of what business executives and politicians are saying about income inequality, climate change, economic growth and globalization as Britain prepares to leave the European Union and Donald Trump becomes president of the United States.

General Motors answers Trump
General Motors (GM) will reportedly announce plans to invest $1 billion in several US factories, creating or saving more than one thousand jobs. News reports say GM’s move has been planned for months, but news of it comes after Donald Trump criticized GM and other automakers for selling cars in the US that are made in Mexico. Will this get Trump off of GM CEO Mary Barra’s back?

Walmart’s nod to Trump
Walmart says it will create 10,000 US jobs this year, the latest US company to respond to pressure from Donald Trump. The nation’s largest private employer says most of the additional positions will be in its stores, including 59 Walmart and Sam’s Club sites it plans to open, remodel or expand. What companies will be next to respond to Trump?