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U.S. Federal Reserve Chairman Ben Bernanke testifies before the House Budget committee hearing on the state of the Economy on Capitol Hill in Washington February 2, 2012.

JPMorgan’s Frenkel says central bankers took the place of ‘dysfunctional’ governments to rescue the global economy

Central bankers rescued the world from the financial crisis while governments failed to act and were 'dysfunctional,' said Jacob Frenkel, chairman of JP Morgan international.

Uber is about to limit Travis Kalanick’s power in a major way, and he’s OK with that

With the SoftBank deal come major new governance rules that strip power from Travis Kalanick. Here's why he signed on to support the deal.