Business Adam Neumann got cut out of WeWork's restructuring plan April 30, 2024 1 mins read 151 Views WeWork has a new plan to get out of bankruptcy — and it doesn't involve Adam Neumann, who wanted to acquire it for more than $500 million. Read More
Politcal SoftBank has lost more than $14 billion by betting on WeWork November 9, 2023 2 mins read 127 Views The Japanese firm, which made a huge bet on WeWork, revealed the losses in the same week that the real estate firm filed for bankruptcy. Read More
Politcal Lordstown Motors craters 48% after the company files for bankruptcy and sues Foxconn over failed deal June 28, 2023 2 mins read 105 Views The Lordstown Motors factory, where GM once operated, in Lordstown, Ohio, on October 16, 2020.Photo by MEGAN JELINGER / AFPShares of Lordstown Motors .. Read More
Business A New York couple who saw their cupcake empire soar to a $66 million business in 2011 before going bust paid $350 to revive the brand May 4, 2023 2 mins read 181 Views A New York couple who saw their cupcake empire soar to a $66 million business in 2011 before going bust paid $350 to revive the brand.Denise.. Read More
Politcal Bed Bath & Beyond stock skyrockets 65% even as it reports a bigger-than-expected quarterly loss January 11, 2023 2 mins read 121 Views A Bed Bath & Beyond store.Artur Widak/NurPhoto via Getty ImagesBed Bath & Beyond stock soared on Tuesday despite a downbeat earnings report.The.. Read More
Politcal What derails Elon Musk's Twitter experiment might not be legislators or users, but exhausted employees rebelling against hustle culture November 22, 2022 3 mins read 123 Views Elon Musk sent Twitter staff a memo on Thursday confirming job cuts would be announced on Friday.Carina Johansen/Getty ImagesUsers are quitting.. Read More