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Davos

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Veteran dealmaker Stephen Pagliuca says what we're seeing on Wall Street is a natural correction of markets to reflect part of the jitters about global growth

Veteran dealmaker Stephen Pagliuca says what we're seeing on Wall Street is a natural correction of markets to reflect part of the jitters about global growth. Pagliuca, a partner and managing director at Bain Capital for 28 years, was in China a month ago. He said he still sees the hustle and bustle there and the service businesses are growing

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He said Marriott's business in Paris plunged 25 percent in December after the attacks there, but predicted a recovery by March

Arne Sorenson, chief executive of the hotel chain Marriott International, told CBS News at Davos, Switzerland, how the company addresses terror threats around the world following recent attacks at tourist attractions and resorts. He said Marriott's business in Paris plunged 25 percent in December after the attacks there, but predicted a recovery by March.

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Jacob Frenkel, chairman of JPMorgan Chase International, told CBS News in Davos, Switzerland, that recent stock market free falls around the world are "an exaggeration of the impact of the slowdown in China."

Jacob Frenkel, chairman of JPMorgan Chase International, told CBS News in Davos, Switzerland, that recent stock market free falls around the world are "an exaggeration of the impact of the slowdown in China." Here's why stocks markets and what he calls the "real economy" are two different things.

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Miliband said he’s noticing that more CEOs are paying attention to how they can play a role in aiding refugees

David Miliband, president and CEO of the International Rescue Committee and former U.K. Foreign Secretary, sits down with CBS News at the World Economic Forum to talk about how more CEOs are addressing the refugee crisis. He said that Davos has been a critical turning point because he’s noticing that more CEOs are paying attention to how they can play a role in aiding refugees.

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