DAVOS, SWITZERLAND — After more than a year at the helm, Gap ( GAP) CEO Richard Dickson is putting to bed long-running chatter of breaking up the retailer to maximize shareholder value.

Syrian Foreign Minister Asaad Hassan al-Shibani said on Wednesday that the country will open its economy to foreign investment and that Damascus is also working on energy and electricity partnerships with Gulf states.

The World Economic Forum in Davos, Switzerland, is underway this week — and there are calls for taxing the extremely rich to address global inequality.

Billionaire's wealth has grown faster last year, and now the world can expect at least 5 trillionaires within a decade, even as the number of people in poverty has barely budged since 1990.

A strong U.S. economy and lower interest rates could foster a surge in the number of initial public offerings in 2025, building on the recent momentum, a top executive at the New York Stock Exchange said on Wednesday.

The Promenade in Davos, Switzerland is the focal point of the World Economic Forum's annual meeting in the Swiss ski town — and AI is front and center

Officials and business executives at the annual gathering in Switzerland said the fight against global climate change would continue with or without the United States.

Leaders of some of the world's largest economies are in Davos, Switzerland, this week for the annual World Economic Forum. President Trump will address attendees Thursday via a live video feed. CBS News national security contributor Samantha Vinograd has more from Davos.

At the World Economic Forum’s annual gathering in Davos, AI is the word that’s been on every major corporate leader’s lips. Here’s what they’re saying.

Iran hopes U.S. President Donald Trump will choose "rationality" in its dealing with the Islamic Republic, Iran's Vice-President for Strategic Affairs Mohammad Javad Zarif said on Wednesday, adding Tehran had never sought nuclear weapons.

President Donald Trump's escalating pressure on the private sector to ditch diversity programs has left some in Davos searching for new words to describe workplace practices they say are essential to their businesses.