Por: MarketWatch Business November 09, 2023
SoftBank has a sprawling investment portfolio and tends to have erratic financial results that fluctuate with market trends. That has been highlighted by the troubles at WeWork , which filed for Chapter 11 bankruptcy protection this week amid turmoil in the U.S. commercial real estate market after the pandemic sent vacancies soaring in major cities like New York and San Francisco. SoftBank holds a nearly 80% stake in WeWork. SoftBank’s... + full article
Slate USA Business November 08, 2023
When WeWork , one reasonable response was to double-take and remind yourself that WeWork still exists. The co-working–space company’s in the late 2010s, which was exciting enough to spawn and all kinds of exciting pop-cultural fare, didn’t reduce the company entirely to... + más
WeWork's market cap is now smaller than its much more straight-laced rival as the market adjusts to reality | Business Insider
WeWork faces $30M lawsuit as DivcoWest demands full payment amid bankruptcy threat | New York Post
Fox Business USA Business November 07, 2023
Thor Equities CEO Joe Sitt discusses what a sharp drop in commercial real estate could mean for banks on Varney & Co. WeWork filed for Chapter 11 bankruptcy protection on Monday, ending months of speculation that the office-sharing company was on the edge of collapse and marking... + más
WeWork sounds the alarm, prompting speculation around the company's future | ABC News
Ars Technica USA Tech November 02, 2023
Navigate Filter by topic Settings Front page layout Site theme - Nov 1, 2023 5:16 pm UTC Getty Images Justin Sullivan WeWork stock fell about 50 percent today as the business once valued at $47 billion reportedly plans to file for bankruptcy. WeWork was founded in 2010 and... + más
New York Post USA Life September 19, 2023
In a high-stakes showdown between co-working giant WeWork and powerhouse landlord DivcoWest, the battle for millions is set to unfold on the streets of Manhattan. As WeWork teeters on the brink of bankruptcy, DivcoWest has thrown down the hammer, demanding a whopping $30 million... + más
ABC News USA Business August 15, 2023
NEW YORK -- WeWork has sounded the alarm on its ability to stay in business, prompting speculation around the future of the troubled workspace-sharing company.Last week, WeWork warned there was “substantial doubt” about the New York-based company's “ability to... + más
What Are the Duties of A Trustee? | Forbes
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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