WeWork rival plagued by vacancies
Knotel, a fast-growing competitor to WeWork, appears to have a mounting inventory of empty spaces, raising concerns about another big player in the office-sharing sector after the near-collapse of... To view the full story, click the title link......»»
Los Angeles office skyscraper faces foreclosure sale
The foreclosure comes as the value of office buildings has plunged amid higher vacancies. Elevated interest rates have also weighed on prices and ma.....»»
Georgia lawmakers kill effort to cap film tax credits as production hub continues to rival California
Georgia la.....»»
: German property giants announce $22 billion merger to ‘tackle’ housing crisis
Europe’s largest residential property group Vonovia has agreed to buy rival Deutsche Wohnen for €18 billion, in a deal that will reshape Germany’s real-estate sector......»»
Ohio-based firm snags 4 lawyers from Cincinnati rival; plans to open second local office
A Columbus-based law firm has hired four attorneys from a Cincinnati counterpart, with plans to open its second local office this summer......»»
Chicago rail congestion cited by Canadian Pacific as reason rival railway’s Kansas City Southern plan will fail
Canadian Pacific is urging Kansas City Southern to reject Canadian National’s .....»»
: 3.6 million Americans will lose extra unemployment benefits — here are the states where it’s happening
Governors in these 22 states say these benefits, which were set to expire in September, contribute to the mounting complaints from employers who cannot fill job vacancies......»»
: 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......»»
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.....»»
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......»»
100 million doses of Johnson & Johnson"s vaccine need to be checked for contamination and may need to be thrown out
The millions of Johnson & Johnson COVID-19 vaccine doses haven't been distributed to the public and are from a plagued Emergent BioSolutions facility. Employees wor.....»»
Lowe"s growth lags Home Depot in home improvement battle
Lowe's Cos Inc reported on Wednesday a 25.9% jump in quarterly same-store sales growth that failed to match that of larger rival Home Depot Inc, signaling it was slipping further behind after gaining ground during the pandemic......»»
Walmart, Target, and other stores often run competing sales to challenge Amazon"s Prime Day - here"s what to expect
Walmart, Target, Best Buy, and plenty of other retailers will likely have competing Amazon Prime Day sales with deals that rival the retail giant's offers. If you buy through our links, we may earn money from affiliate par.....»»
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.....»»
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.....»»
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.....»»
1,600 layoffs coming at Belvidere Jeep Cherokee factory
Some 1,600 jobs are being cut at a Jeep Cherokee factory in northern Illinois as automakers continue being plagued by the global shortage of semiconductors. One of the two work shifts at the Belvidere A.....»»
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.....»»
: 2 million Americans will lose extra unemployment benefits — here’s when it will happen in your state
Governors in these 18 states say these benefits, which were set to expire in September, contribute to the mounting complaints from employers who cannot fill job vacancies......»»
Earnings Outlook: Walmart earnings preview: Rival Target likely saw more benefit from stimulus spending
Target benefits from the wide variety of merchandise categories that it sells, analysts say.....»»
: 2 million Americans in 18 states will lose extra unemployment benefits — here’s when it will happen
Governors in these 18 states say these benefits, which were set to expire in September, contribute to the mounting complaints from employers who cannot fill job vacancies......»»