Klaus Schwab in Talks With WEF to Resolve Their Dispute

World Economic Forum founder Klaus Schwab and the organization he led for more than half a century are in talks to end their months-long dispute.

Schwab left the WEF suddenly in April after accusations of financial misconduct emerged and the board called for an investigation, sparking an internal clash. In a joint statement released to Bloomberg News on Tuesday, they said they expect the external probe to be concluded by the end of August.