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
Lawmakers in the United Kingdom are reportedly set to be given another chance to break the Brexit deadlock with a vote on whether to maintain a customs union with the European Union.
London's Evening Standard newspaper has reported that long-time Member of Parliament Frank Field plans to bring the vote, claiming he is "confident of getting it through."
U.K. leader Theresa May has failed three times to persuade a majority of the U.K. Parliament to agree to her plan to leave the EU, causing European leaders to allow an extension to Britain's membership until at least the end of October.
A customs union is an agreement that allows partaking countries to set common external tariffs while allowing goods to travel freely between those countries.
The draft proposal between the U.K. and EU does not include a customs union as supporters of Brexit say it prevents the right to strike fresh trade deals.
May and main opposition leader Jeremy Corbyn have been conducting talks in a bid to break the impasse, but few believe either side will be prepared to compromise for fear of losing party support.
Field said his vote, which he would bring to parliament with Conservative veteran lawmaker Kenneth Clarke, will take the pressure off both Corbyn and May.
"I think if it comes from the backbenches, neither of the party leaders can be accused of dividing their parties. I would be confident of getting it through," he said.
Earlier Tuesday, President of the European Council Donald Tusk, told the European Parliament in Strasbourg that he still believed that Brexit could be reversed.
"At this rather difficult moment in our history, we need dreamers and dreams. We cannot give in to fatalism. At least I will not stop dreaming about a better and united Europe."
Meanwhile the Brexit delay may have helped improve the mood among German investors.
The ZEW research institute said its monthly survey showed economic sentiment among investors improved to 3.1 from -3.6 in March. Economists had expected a much smaller increase.
ZEW President Achim Wambach attributed the rise to hopes over the world's economy but added that the "postponement of the Brexit deadline may also have contributed to buoy the economic outlook."