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
Gluskin Sheff's David Rosenberg reinforces his recession forecast following the Federal Reserve's September meeting.Futures Nowread more
"This would be the most profound violation of the presidential oath of office certainly during this presidency," House Intelligence Chair Adam Schiff said.Politicsread 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
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
South Korea's central bank cut its policy interest rate for the second time in three months on Wednesday, in line with the market's expectations, aiming at adding momentum to an economic recovery that is proving slow to take off.
The Bank of Korea's monetary policy committee cut its base rate by 25 basis points to 2.00 percent, a media official said without elaborating.
Governor Lee Ju-yeol is due to hold a news conference from 11:20 a.m.
Of the 30 analysts polled by Reuters, 18 forecast the Bank of Korea would cut its policy rate at Wednesday's meeting, while the rest saw a hold.
Wednesday's move brought the monetary policy rate to the lowest since the middle of 2010. The government has been widely seen as pressuring the central bank to keep lowering rates to boost the economy after Finance Minister Choi Kyung-hwan took office in July.