Many aren’t participating in public panels, either they’re holding private meetings with existing and prospective clients at hotels scattered across town. The highest-ranking Biden administration official set to attend is Marty Walsh, the labor secretary, though lawmakers like Senators Joe Manchin and Kyrsten Sinema are present.īut C.E.O.s are well-represented, including Amazon’s Andy Jassy, JPMorgan Chase’s Jamie Dimon, Microsoft’s Satya Nadella, Pfizer’s Albert Bourla and countless others. Is Davos becoming more and more of a giant business conference despite its high-minded mission statement? This year, many of the world’s most influential heads of state aren’t here: The only Group of 7 leader present is Chancellor Olaf Scholz of Germany. Executives here told DealBook that they were frustrated with a lack of progress on issues like a global framework to tackle things like climate-risk disclosures. Among them is climate change, a topic whose relevance is perhaps best reinforced by the barely snow-touched streets of Davos itself. The World Economic Forum itself has embraced the term in its annual report, citing the challenges that globalization, the beating heart of the conference, was meant to solve. The word - apparently coined in the 1990s, then used in 2016 by Jean-Claude Juncker, the European Commission’s president at the time - now refers to the swirl of global emergencies that include economic slowdowns and rising inflation, the war in Ukraine and more. The word of the event is “polycrisis,” a term we’ve been hearing in countless meetings and gatherings. (That isn’t necessarily reflected in the crowd of corporate pop-ups on the Promenade, one of the town’s main thoroughfares, nor in the cocktail party schedule.) Speaking of which: Davos is normally full of hand-wringing over the state of the world, but it feels especially pronounced this year. I’m attending the World Economic Forum with DealBook’s Lauren Hirsch and a team from The Times to capture the mood and behind-the-scenes action among the world leaders and the C.E.O.s who’ve made their annual pilgrimage to the Swiss Alps. “We have big plans, and Sarah and Steve are crucial to achieving them.Andrew here. “We are thrilled to have such astute editors steering DealBook’s coverage, making the newsletter even more vital and creative as it approaches its 20th anniversary,” Jason Karaian, DealBook’s editor, said. She is a graduate of Northwestern University. Her 2018 book on the gig economy, “Gigged: The End of the Job and the Future of Work,” was named one of the best business books of the year by the Financial Times. She also covered startups in New York City for Mashable. She previously was the deputy editor of Quartz at Work, a technology reporter for Quartz, and a senior writer for Fast Company. Sarah joined The Times from Medium, where she was a senior editor for OneZero, the technology publication. She has already had a hand in several impactful features for DealBook’s weekend edition, especially on timely workplace issues like burnout among junior bankers, how to manage hybrid work arrangements and the debate over employer vaccine mandates. Steve joins Sarah Kessler, who came to DealBook as a senior staff editor. (He now says DealBook is a clear No.1 among newsletters. Despite the questionable judgement he showed in determining DealBook’s rank, we hired him anyway. In 2011, at Time, Steve put together a list of the top 25 finance blogs. He’s the only reporter ever to win Time Inc.’s Henry R. He also spent 14 years at Time Inc., with stints as a feature writer at Money, an economics blogger at Time magazine and an assistant managing editor for. Before that he was a Bloomberg Opinion columnist writing on banks and equity markets. Steve comes to us from CBS News, where he was a senior reporter on the MoneyWatch site. He will also write regularly for the newsletter as well. Most recently, we welcomed Stephen Gandel as DealBook’s news editor, where he will play a key role in planning, assigning and editing the flagship weekday newsletter. We are delighted to announce the expansion of the DealBook newsletter team, with two editors who help elevate our agenda-setting coverage on the intersection of business and policy, and contribute to the broader Business report.
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