Of all the cases of economic espionage charged by the DOJ's National Security Division since 2012, more than 80% of them implicated China.World Politicsread more
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
In his new memoir, "The Ride of a Lifetime," Iger explains why he decided against the deal to buy Twitter.Technologyread more
"Whilst there is a big dispute at the moment, I think there's also potential for resolution," UBS chairman Axel Weber says of the U.S.-China trade negotiations.Singapore Summitread more
No quid pro quo, there was nothing," Trump said the call. "It was a perfect conversation."Politicsread more
On Sunday, the 71st Primetime Emmy Awards honored the best comedies, dramas, limited and variety series from the last year.Entertainmentread more
Cryptocurrency fans will hope the futures contracts, which are federally regulated, can provide some much-needed legitimacy to bitcoin.Cryptocurrencyread more
Despite mixed fan and critic reactions to the final season of "Game of Thrones," the eight-season epic took home the top prize in the drama category at the Emmy Awards on...Entertainmentread more
There are alternative financial centers and investors can turn to Singapore, Tokyo or Shanghai if Hong Kong doesn't "shape up," says the founder and chairman of Citic Capital.Singapore Summitread 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
Tensions between South Korea and Japan may ultimately disrupt the high-end tech sectors, says Heenam Choi, CEO at South Korea's sovereign wealth fund.Singapore Summitread more
President Donald Trump is "unlikely" to choose his top economic advisor Gary Cohn as the next Federal Reserve chairman, The Wall Street Journal reported Wednesday, citing sources.
Trump soured on appointing Cohn to lead the central bank after the White House advisor criticized the president's reaction to violence at a white supremacist rally in Virginia last month, according to the Journal.
The report follows Fed vice chairman Stanley Fischer's decision to step down in October. Fischer's departure makes it appear even less likely that current Fed Chair Janet Yellen will stay in the job beyond the end of her February 2018 term, Fed watchers told CNBC.
Prediction markets had recently pinned Cohn as the favorite to become the next Fed chair. As of Wednesday evening, though, Cohn's chances at PredictIt fell to 9 percent from 25 percent on Tuesday, while Yellen's rose to 25 percent from 20 percent the day before.
After Trump's defiant response to the Charlottesville violence, Cohn said the White House had to do better to condemn racism. He even reportedly drafted a resignation letter.
A senior administration official told CNBC that Trump is considering several candidates for Fed chair.
CNN reporter Jake Tapper tweeted that a source close to the White House told him that Cohn is "more likely to get electric chair than Fed Chair."