![Why WeWork failed, and what is next](/i/c/f0524e20-e983-a4c4-0b40-df6932ba4f0c.webp)
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](/i/c/06f73e21-50b8-8306-dc66-3ef14968c988.webp)
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](/i/c/b4dc844e-7bbc-a679-f8a7-b43c14df6395.webp)
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](/i/c/a2778b20-c0c8-b58a-d481-306fbbdaaa23.webp)
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](/i/c/d7a3b9a2-94d5-ef3a-31f8-cbf0daaa04e6.webp)
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](/i/c/76774770-0ed1-a541-ef8f-1618e382178b.webp)
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](/i/c/4f2b0382-d065-cf61-23c6-f6f2a9a9f076.webp)
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](/i/c/9bb69d98-d38c-7549-50be-754a21112c47.webp)
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](/i/c/691bdb28-5423-4403-de4d-562dbecd37ed.webp)
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](/i/c/9692f278-3917-208a-acb6-4ab1ac7f841c.webp)
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](/i/c/4fc9a3cd-6103-ae07-67a5-318d8b2de88d.webp)
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](/i/c/9c9fba6f-80ad-a655-9686-016eac326248.webp)
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