Removing Neumann is a difficult decision for Son, who has long believed in WeWork and Neumann's vision to quickly expand the company.Technologyread more
The Kingdom and oil and gas industry have been slow to shore up defenses, raising red flags about the possibility of longer term fall-out in the region.Technologyread more
Datadog went public on Thursday and instantly hit a $10 billion valuation, becoming the fourth cloud software debut to reach that level this year.Technologyread more
There are challenges with Iran, North Korea, the Afghan Taliban, Israel and the Palestinians — not to mention a number of trade pacts.Politicsread more
Blackstone Executive Vice Chairman Tony James says he's less optimistic now than before that the U.S.-China trade war could be resolved, but even a smaller deal could help...World Economyread more
In his new memoir, "The Ride of a Lifetime," Iger explains why he decided against the deal to buy Twitter.Technologyread more
In perhaps Buffett's first televised profile, he explained a method of investing that prioritizes bargains and makes use of an occasional baseball analogy.Marketsread more
The massive market transformation this month that some on Wall Street called a "once in a decade opportunity" might have just been a one-off technical move because of taxes.Marketsread more
A 58% majority of registered voters express unease about voting for Trump, but slightly more say the same about Joe Biden and Bernie Sanders, while Elizabeth Warren fares only...Politicsread more
A temporary airspace closure forced flights coming into Dubai from Australia, Singapore and India to be diverted to nearby airports.Airlinesread more
Schiff had previously shied away from calling for impeachment, but his comments on CNN's "State of the Union" indicate his stance has shifted.Politicsread more
Former Italian prime minister Silvio Berlusconi has formally asked to do a year of community service rather than be jailed or put under house arrest after his conviction for tax fraud, a legal source said on Friday.
The centre-right leader, 77, was sentenced to four years in jail in August, commuted to one, for masterminding a massive tax fraud scheme at his Mediaset television empire.
Because of his age he is considered certain to be allowed to stay out of prison, making either house arrest or community service the most likely ways that he would serve his sentence.
Criminals assigned to community service normally work in non-profit organisations such as soup kitchens for the homeless, centers for drug addicts or groups offering assistance to the elderly. The legal source, who is involved in the case, did not say which type of community service Berlusconi had requested.
(Read more: It's not game-over for Berlusconi yet, analyst say)
It is not automatic that his request will be granted and legal experts say the hearing to decide will probably not take place for at least four months and possibly longer.
Under Italy's notoriously slow legal system, Berlusconi is therefore unlikely to begin his sentence until early 2014.
He will not serve it at all if his crimes are included in legislation that parliament is working on to pardon thousands of criminals in response to an appeal by President Giorgio Napolitano to ease overcrowding in prisons.
It was on the basis of previous legislation to ease prison overcrowding, passed in 2006, that Berlusconi's four-year sentence was reduced to one year.
(Read more: Italian Senate panel votes to expel Berlusconi)
Berlusconi, who also faces a ban from public office and expulsion from his seat as a senator, has fiercely protested his innocence, saying he is a victim of politically motivated prosecutors and judges.
Some media reports had suggested he may insist on going to prison rather than be seen in any way to be reaching an accommodation with the justice system by requesting an alternative sentence.