The White House talks tough on Greenland,
but is it just a pretext for negotiations over a sale of the island?
plus what 50 million barrels of Venezuelan oil could mean for U.S.
refiners.
And big banks seem to shrug off bubble fears predicting another strong year for markets.
There's also concern that some of the trades that really powered the market higher last year could struggle this year.
Namely, AI is top of the list there.
And I think a lot of investors have some concern that we could see more of that happen again this year.
It's Wednesday, January 7th.
I'm Luke Vargas for the Wall Street Journal, and here is the AM edition of What's News,
the top headlines and business stories moving your world today.
We are exclusively reporting that President Trump may be seeking to buy Greenland and that recent threats made about the island amount to rhetoric intended to push Denmark to enter into negotiations that would see it handover control.
That is according to remarks by Secretary of State Marco Rubio to U.S.
lawmakers on Monday.
Fears of an aggressive American action led six European leaders yesterday to issue a joint statement with Denmark's Prime Minister that called on Washington to collectively work with allies over security concerns in the Arctic.
Polling also shows that most Greenlanders oppose becoming part of the U.S.
But is that the end of the story or just the backdrop for diplomatic dealings?
Daniel Michaels is the Journal's Brussels bureau chief.
Dan, how should we be interpreting these statements from Copenhagen,
as well as from other European capitals,