Motivated by the unconventional properties and rich phase diagram of Na x CoO 2 we consider the electronic and magnetic properties of a two-dimensional Hubbard model on an isotropic triangular lattice doped with electrons away from half-filling. Dynamical mean-field theory ͑DMFT͒ calculations predict that for negative intersite hopping amplitudes ͑t Ͻ 0͒ and an on-site Coulomb repulsion, U, comparable to the bandwidth, the system displays properties typical of a weakly correlated metal. In contrast, for t Ͼ 0 a large enhancement of the effective mass, itinerant ferromagnetism, and a metallic phase with a Curie-Weiss magnetic susceptibility are found in a broad electron doping range. The different behavior encountered is a consequence of the larger noninteracting density of states ͑DOS͒ at the Fermi level for t Ͼ 0 than for t Ͻ 0, which effectively enhances the mass and the scattering amplitude of the quasiparticles. The shape of the DOS is crucial for the occurrence of ferromagnetism as for t Ͼ 0 the energy cost of polarizing the system is much smaller than for t Ͻ 0. Our observation of Nagaoka ferromagnetism is consistent with the A-type antiferromagnetism ͑i.e., ferromagnetic layers stacked antiferromagnetically͒ observed in neutron scattering experiments on Na x CoO 2 . The transport and magnetic properties measured in Na x CoO 2 are consistent with DMFT predictions of a metal close to the Mott insulator and we discuss the role of Na ordering in driving the system towards the Mott transition. We propose that the "Curie-Weiss metal" phase observed in Na x CoO 2 is a consequence of the crossover from a "bad metal" with incoherent quasiparticles at temperatures T Ͼ T * and Fermi liquid behavior with enhanced parameters below T * , where T * is a low energy coherence scale induced by strong local Coulomb electron correlations. Our analysis also shows that the one band Hubbard model on a triangular lattice is not enough to describe the unusual properties of Na x CoO 2 and is used to identify the simplest relevant model that captures the essential physics in Na x CoO 2 . We propose a model which allows for the Na ordering phenomena observed in the system which, we propose, drives the system close to the Mott insulating phase even at large dopings.