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
Bond Rater Chris Whalen said on Friday ill-timed statements made by U.S. and Germany politicians are responsible for the global market panic centered around Deutsche Bank's current affairs.
Whalen, the head of research at Kroll Bond Rating Agency, said on CNBC's "Fast Money Halftime Report" the problem began when the Justice Department demanded the bank pay $14 billion. It was then amplified by comments attributed to German Chancellor Angela Merkel's office.
"Obviously, the German government is going to support their banks if they get in trouble, despite what rules they put in place," he said.
He later continued,"I think it's the statements by politicians, which are not well considered and which violate the basic rule that every regulator knows ... which is you don't talk about banks that are open."
The bond rater, who says his agency works with the bank everyday, said that politicians take advantage of banks. He said the politicians made mistakes with their comments and the market reaction is the result. "It is being overblown," he said.