Por: Fox Business Business August 10, 2023
Check out what's clicking on FoxBusiness.com that it is teetering on the edge of bankruptcy sent the office-sharing company's shares to nearly zero Wednesday in a spectacular fall for a firm once valued at tens of billions of dollars. The news signals the end of what has been the company's years-long, tumultuous, cash-burning quest to make its luxe workplace subleasing model work. The WeWork logo on an office building in Tel Aviv,... + full article
NBC News USA Business August 09, 2023
Four years ago, WeWork was preparing for a blockbuster IPO. Now the company is warning of possible bankruptcy. “Our losses and negative cash flows from operating activities raise substantial doubt about our ability to continue as a going concern,” WeWork said in... + más
WeWork's market cap is now smaller than its much more straight-laced rival as the market adjusts to reality | Business Insider
WeWork sounds the alarm, prompting speculation around the company's future | ABC News
The New York Times USA Business June 12, 2023
Sandeep Mathrani was supposed to be WeWork’s savior.A real estate executive, he became the chief executive of the troubled office space company in 2020 after a failed initial public offering pushed it to the . He instilled discipline and order on a business that had under its... + más
WeQuit: WeWork bonds sink after top executives resign from cash-burning company | MarketWatch
MarketWatch USA Business June 02, 2023
WeWork bonds owned by holdouts of a recent debt restructuring are trading deeper in distressed territory at about 45 cents on the dollar. BondCliQ Corporate bonds trading below 70 cents are broadly considered distressed. WeWork bonds trading near 45 cents represent a small group... + más
Business Insider USA Business May 19, 2023
Jump to 0 An icon in the shape of a person's head and shoulders. It often indicates a user profile. An icon in the shape of a person's head and shoulders. It often indicates a user profile. All Featured About Follow Subscriptions US Markets Loading... H M S In the news... + más
First on CNN: Next spring the economy will sink into a 1990-style mild recession, Fitch says | CNN
Fox Business USA Business March 08, 2023
Check out what's clicking on FoxBusiness.com WeWork is in talks to raise hundreds of millions in capital to support the business, according to Bloomberg. The long-struggling workspace rental company is reportedly in talks with Yardi Systems, a real estate software maker... + más
WeWork cutting hundreds of global jobs | Fox Business
Business Insider USA Business December 16, 2022
WeWork had once touted itself .Now WeWork faces a cash crunch as it struggles with increasing net losses and expensive long-term leases, watching as its market cap plunged from $2.3B at the start of December to $1.35 billion at the end of trading on Wednesday.WeWork's... + más
WeWork plans to shutter 40 locations in US | Fox Business
How to Get Rich By Losing Lots of Money | The Atlantic
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