Trump dodges mention of tariff refunds in State of the Union speech

• In today’s CEO Daily: Diane Brady reports on key takeaways from Trump’s State of the Union speech.
• The big leadership story: FedEx wants a refund.
• The markets: Up globally, with the FTSE hitting a new record on strong earnings reports.
• Plus: All the news and watercooler chat from Fortune.

Good morning. President Donald Trump delivered his State of the Union address last night to a nation that’s increasingly skeptical about his handling of the economy and core business issues.