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Just How Disastrous will WeWork’s IPO Be?

WeWork, the global r.....»»

Category: topSource: redherringSep 7th, 2019

WeWork keeps its largest Philadelphia lease amid global downsizing

WeWork, currently under Chapter 11 bankruptcy protection, is down to two Philadelphia coworking spaces after previously operating five......»»

Category: topSource: bizjournalsApr 16th, 2024

: WeWork loses $2.1 billion in a quarter

WeWork, the flexible office space company, said in the extended session Thursday that it lost more than $2 billion in its first quarter......»»

Category: topSource: marketwatchMay 20th, 2021

WeWork"s Losses Quadrupled To $2.1 Billion In Q1 In Latest Threat To Planned SPAC Offering

WeWork's Losses Quadrupled To $2.1 Billion In Q1 In Latest Threat To Planned SPAC Offering WeWork CEO Sandeep Mathrani made headlines a few weeks ago when he declared during an inte.....»»

Category: dealsSource: nytMay 20th, 2021

WeWork sued for $1.8M in back rent after closing South Station coworking space

The coworking giant had leased 131,042 square feet at 745 Atlantic Ave., where landlord Oxford Properties Group says it has not paid rent since March......»»

Category: topSource: bizjournalsMay 20th, 2021

Outside the Box: Waiving COVID-19 vaccine patents would be disastrous

The U.S. government spent at least $12.4 billion through Operation Warp Speed......»»

Category: topSource: marketwatchMay 19th, 2021

CEOs at JPMorgan and WeWork caught flak for saying remote work doesn"t work for young, ambitious, and engaged staff. Surveys of Gen-Zers suggest they could be right.

Julia Lamm from PwC said young workers can benefit from observing coworkers or tagging along in meetings with managers when they're in an office. Luis Alvarez/Gett.....»»

Category: dealsSource: nytMay 18th, 2021

JPMorgan"s and WeWork"s CEOs say remote work doesn"t work for young, ambitious, and engaged staff, and research shows there are perks to returning to the office for young workers

Julia Lamm from PwC said young workers can benefit from observing coworkers or tagging along in meetings with managers when they're in an office. Luis Alvarez/Gett.....»»

Category: smallbizSource: nytMay 18th, 2021

The price of lumber is wild right now and it"s a disaster for the already disastrous housing market

Lumber is hugely expensive right now and that's bad because you need lu.....»»

Category: topSource: businessinsiderMay 17th, 2021

WeWork CEO responds after getting roasted for his comments that the "least engaged" employees want to keep working from home

WeWork CEO Sandeep Mathrani sai.....»»

Category: personnelSource: nytMay 17th, 2021

WeWork has a hybrid work model where staff work 3 days in its central-London HQ, 1 day from a WeWork location, and 1 day at home

One WeWork general manager, Mathieu.....»»

Category: topSource: businessinsiderMay 16th, 2021

Clothing sales bounce back after a disastrous pandemic decline, as shoppers opt for a "vax summer" wardrobe refresh

Clothing sales dipped from March to April, but spiked 726.8% from 2020 to 2021, according .....»»

Category: topSource: businessinsiderMay 14th, 2021

WeWork CEO says people in Texas and Florida are returning to the office "in droves," while some big cities are seeing a slower comeback

Worker.....»»

Category: personnelSource: nytMay 12th, 2021

New Home Sales Explode In March To Highest In 15 Years

New Home Sales Explode In March To Highest In 15 Years Unlike the disastrous drop (no rebound from February's plunge) in existing home sales (to 7-month lows) in March, analysts expected new home sales to rebound aggressively fro.....»»

Category: dealsSource: nytApr 23rd, 2021

The founder of a startup bought by WeWork describes how he almost destroyed his 7-year-old company in the span of 24 hours over one simple mistake

"Caught up in trying to get the deal done, we lost sight of how this process would make everyone feel," David Fano, founder of CASE, said. .....»»

Category: topSource: businessinsiderApr 21st, 2021

WeWork to begin accepting crypto payments

WeWork will partner with cryptocurrency firms Bitpay and Coinbase to facilitate transactions of Bitcoin, Ethereum, USD Coin, Paxos and several other digital currency offerings......»»

Category: topSource: foxnewsApr 20th, 2021

WeWork’s new stock-listing plan has echoes of its past

WeWork, which had one of the most spectacular IPO implosions in recent years, is trying to go public again—and some of the factors that worried regulators on the first deal are back again......»»

Category: topSource: foxnewsApr 18th, 2021

The Wall Street Journal: WeWork’s new push to go public hasn’t eased regulators’ concerns

WeWork isn’t doing an initial public offering this time, but merging with a special-purpose acquisition company, or SPAC......»»

Category: topSource: marketwatchApr 18th, 2021

How DFW’s housing boom is different from — and similar to — the last one that proved disastrous

In some ways.....»»

Category: topSource: bizjournalsApr 18th, 2021

WeWork to go public via SPAC led by Sacramento Kings owner and Tibco founder Vivek Ranadive

WeWork has agreed to go public through a merger with a Menlo Park-based blank-check firm led by Silicon Valley tech entrepreneur Vivek Ranadive that includes NBA great Shaquille O'Neal as an adviser. The deal isn’t expected to directly impact.....»»

Category: topSource: bizjournalsApr 10th, 2021

SCOTT GALLOWAY: WeWork may be in a unique position to rise from the post-pandemic real estate fallout

Commercial vacancy rates will increase and office rental spaces will become more popular as companies embrace remote work, Galloway predicts. Over a y.....»»

Category: personnelSource: nytApr 2nd, 2021