Chapter 1: What is the main topic discussed in this episode?
Here's your morning brief for Wednesday, January 14th. I'm Daniel Bach for The Wall Street Journal. The leader of Greenland says the island would choose to remain a Danish territory instead of joining the U.S.
The remarks come as officials from Greenland and Denmark are trying to show unity in the face of President Trump's push to seize the semi-autonomous territory, which is three times the size of Texas. Vice President J.D. Vance is set to meet the foreign ministers of Denmark and Greenland at the White House today. President Trump is not scheduled to take part.
Chapter 2: What is Greenland's stance on remaining a Danish territory?
Saks Global, the parent company of Saks Fifth Avenue and Neiman Marcus, has filed for bankruptcy protection barely a year after a $2.7 billion merger between the storied retailers. The aim had been to create a luxury juggernaut with cost savings helping Saks to dig itself out of growing debt. Instead, it's now the highest-profile department store chain to file for Chapter 11 since the pandemic.
And we report Netflix is preparing to sweeten its offer in its bidding war with Paramount over Warner Bros. Discovery. Netflix now plans to make its play for Warner Studios and HBO Max an all-cash deal, in hopes of simplifying the takeover and swaying shareholders who've been weighing the two offers. Asian stocks ended the day mixed. European stocks are higher in midday trading, and U.S.
stock futures are inching lower ahead of earnings from Bank of America, Citigroup, and Wells Fargo. And we've got a lot more coverage of the day's news on the WSJ's What's News podcast. You can add it to your playlist on your smart speaker or listen and subscribe wherever you get your podcasts.