Why WeWork failed, and what is next
(Reuters) -Flexible workspace provider WeWork sought U.S. bankruptcy protection on Monday, crippled by a large debt pile and soaring losses
2023-11-08 17:53
Billionaire Forrest Wants Leaders to Target Zero Carbon by 2035
Australia’s richest person, Andrew Forrest, called for government and business leaders to commit to stop burning fossil fuels
2023-11-08 15:52
Australia's Westpac dumps PwC as auditor after 55 years
By Lewis Jackson SYDNEY Westpac Group, Australia's fourth-largest bank by market capitalisation, on Wednesday cut ties with scandal-tainted
2023-11-08 09:55
World’s Rich Favor Deals Access to Build Global Ties, HSBC Says
Access to direct investments and real estate opportunities are key factors driving wealthy entrepreneurs’ decisions when it comes
2023-11-08 08:16
Texas Billionaire Sees Real Estate Bargains as ‘Debt Wall’ Looms
Texas billionaire and real estate investor John Goff predicted that a number of appealing properties will hit the
2023-11-08 04:20
NYC, San Francisco Offices Brace for Pain From WeWork Bankruptcy
WeWork Inc.’s collapse is spreading through the battered commercial real estate industry, threatening to upend dozens of leases
2023-11-08 03:26
WeWork Joins a Long List of High-Profile SPACs That Have Failed
The list of companies to go public through a blank-check merger only to go bankrupt shortly thereafter has
2023-11-08 01:56
John Paulson Seeks Sanctions on Ex-Business Partner, Lawyers Over Fraud Suit
John Paulson asked a judge to sanction his former Puerto Rico business partner and his lawyers for filing
2023-11-08 01:55
WeWork Saga Cost Masayoshi Son $11.5 Billion and His Credibility
WeWork Inc.’s bankruptcy filing caps a years-long saga that revealed breathtaking flaws in the investment style of Japanese
2023-11-07 20:21
WeWork Goes Bankrupt, Signs Pact With Creditors to Cut Debt
WeWork Inc., once the biggest office tenant in Manhattan, has filed for bankruptcy listing nearly $19 billion of
2023-11-07 19:45
SoftBank's WeWork, once most valuable US startup, succumbs to bankruptcy
(Reuters) -WeWork, the SoftBank Group-backed startup whose meteoric rise and fall reshaped the office sector globally, sought U.S. bankruptcy protection
2023-11-07 18:19
Stocks, Bonds Rise on Hopes Fed Tightening Is Over: Markets Wrap
Shares in Asia primed for a rally following gains in US stocks and bonds as the Federal Reserve
2023-11-02 08:19