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5 things you need to know Wednesday

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[h=4]5 things you need to know Wednesday[/h]The biggest news to start your morning.

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An exterior view of the conference center, in Davos, Switzerland, on Jan. 18, 2016. The World Economic Forum will take place in this location Jan. 20-23.(Photo: Gian Ehrenzeller, European Pressphoto Agency)


World's elite converge in Switzerland<span style="color: Red;">*</span>for World Economic Forum
More than 2,500 top business and political leaders descend on the picturesque Swiss ski town of Davos on Thursday as the annual World Economic Forum gets underway. This year's meeting takes place amid huge uncertainty: the rise of the Islamic State, global markets in crisis<span style="color: Red;">*</span>and an oil market in freefall. The conference typically serves up a smorgasboard of dealmaking and confabbing among the elite,<span style="color: Red;">*</span>but this year, there's a gloomy refrain, says USA TODAY's editor-in-chief David Callaway: At least it's not 2008.
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USA TODAY's Dave Callaway gives us an overview of what to expect as the World Economic Forum opens in Davos, Switzerland. USA TODAY


Obama to meet Detroit locals on city's comeback
President Obama will visit a Detroit neighborhood on Wednesday before touring the North American International Auto Show and speaking about the progress the U.S. auto industry has made —<span style="color: Red;">*</span>with his administration’s help. The White House said Obama wants “to hear firsthand from local citizens about the ongoing revitalization in the city."<span style="color: Red;">*</span>The White House has said nothing so far about Obama possibly<span style="color: Red;">*</span>visiting Flint, Mich.,<span style="color: Red;">*</span>or speaking about the ongoing water crisis there. Filmmaker and Flint native Michael Moore has challenged Obama<span style="color: Red;">*</span>to visit.
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President Obama speaks at Ford Michigan Assembly Plant in Wayne, Mich., in January 2015.<span style="color: Red;">*</span>(Photo: AP)

Pre-dawn planetary skyshow gets underway
Starting Wednesday and for the next few weeks, early-morning skywatchers will get a special treat as five of the solar system's other eight planets will all be visible at once with the naked eye. Lined up diagonally in the southern sky, from left to right, are Mercury, Venus, Saturn, Mars and Jupiter. Only distant Uranus, Neptune and Pluto won't be in on the show. This is the first time that the five planets will appear in the same sky together since January 2005, according to EarthSky.org.
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Five planets will align in an event visible to the naked eye in late January and early February. VPC

'High School Musical' reunion: It's been 10 years!
Ten years later, the stars of High School Musical are (mostly) all in this together. The original cast of the Disney Channel smash hit will<span style="color: Red;">*</span>celebrate the 10-year (!!) anniversary of the first High School Musical movie in a special telecast on Wednesday at 8 p.m. ET. The cast members<span style="color: Red;">*</span>will reminisce with director Kenny Ortega about the making of the movie, which spawned two sequels and a hit soundtrack album.<span style="color: Red;">*</span>Star Zac Efron wasn't able to join Vanessa Hudgens, Ashley Tisdale, Lucas Grabeel, Corbin Bleu and Monique Coleman for the telecast<span style="color: Red;">*</span>but will appear in a pre-taped message for the fans.
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Feels like the start of something new.<span style="color: Red;">*</span>(Photo: Disney Channel)

U.S. Navy goes green with biofuels
The Navy is launching a carrier strike group to be powered partly by biofuels as part of its "Great Green Fleet,"meant to<span style="color: Red;">*</span>ease<span style="color: Red;">*</span>the military’s reliance on foreign oil.<span style="color: Red;">*</span>Navy Secretary Ray Mabus and Agriculture Secretary Tom Vilsack are inspecting the ships Wednesday before they set sail off San Diego. At the head of the pack is the nuclear-powered USS John C. Stennis supercarrier.<span style="color: Red;">*</span>Most of the group’s ships will be run for now on a mix made up of 90% petroleum and only 10% biofuels, though the Navy originally aimed for the ratio to be 50/50.
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The aircraft carrier USS John C. Stennis conducts flight operations Jan. 15, 2013.<span style="color: Red;">*</span>(Photo: U.S. Navy via AFP/Getty Images)

On the go? Listen to the audio version of 5 Things in the player below:
And<span style="color: Red;">*</span>the essentials:
Weather:<span style="color: Red;">*</span>Snow is likely Wednesday in the Ohio Valley while yet another storm system<span style="color: Red;">*</span>spreads snow and rain into the western U.S.
Stocks:<span style="color: Red;">*</span>Investors drove U.S. stock futures lower ahead of the start of regular trading Wednesday.
TV Tonight: Wondering what to watch tonight? TV critic Robert Bianco looks at<span style="color: Red;">*</span>Arrow, The Middle<span style="color: Red;">*</span>and<span style="color: Red;">*</span>Second Chance.<span style="color: Red;">*</span>
If you missed the news over the holiday weekend,<span style="color: Red;">*</span>we've got your roundup here.
Need a break? Try<span style="color: Red;">*</span>playing some of our games.
You can<span style="color: Red;">*</span>subscribe<span style="color: Red;">*</span>to get the day's top news each weekday in your inbox.
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