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......»»
The Wall Street Journal: WeWork parent may drop IPO value below $20 billion amid investor skepticism
WeWork’s parent is eyeing a valuation for its initial public offering that could fall below $20 billion as some existing investors push the workspace company to shelve the planned offering, people familiar with the matter said......»»
Ant Troubles Not Over? Jack Ma"s Relations With Regulators Said To Be Under Beijing Scrutiny
Alibaba Group Holdings Ltd (NYSE: BABA)-backed Ant Group is under fresh regulatory scrutiny as China is now probing how the ace entrepreneur Jack Ma won quick approvals for the stock’s initial public offering last year, The Wall Street Journal read more.....»»
Alibaba Asked To Get Rid Of Media Assets By Beijing: WSJ
China’s government wants Alibaba Group Holding Ltd. (NYSE: BABA) to sell its media assets due to concerns about the technology giant’s growing influence over public opinion in the country, the Wall Street Journal read more.....»»
Activist investor Elliott Management has built a more than $2.5 billion stake in SoftBank, the conglomerate behind WeWork
Reuters/ Steve Marcus Elliott Management Corp, run by Paul Singer, has built a more than $2.5 billion stake in SoftBank Group, The Wall Street Journal reported Thursday. The activist investor will push the Japane.....»»
The Wall Street Journal: T-Mobile, Sprint merger could be derailed by California regulators
T-Mobile US Inc. and Sprint Corp. are waiting for a federal judge to rule on whether they can merge, but the companies face another hurdle even if they overcome that legal challenge: the California Public Utilities Commission......»»
The Wall Street Journal: SEC plan would loosen exchanges’ control over real-time stock data
Regulators are taking steps to loosen the control that big U.S. exchanges exert over the flow of real-time stock prices to the public in an effort to lower costs for investors......»»
The Wall Street Journal: FAA wants to track most drones flying in U.S. airspace within next 3 years
Aviation regulators want virtually all drones to be remotely identified and tracked in U.S. airspace within three years, under proposed rules that aim to balance law-enforcement and safety concerns with industry interest in an array of commercial uses......»»
The Wall Street Journal: ESG funds face SEC questions over criteria
Wall Street’s push into impact investing draws questions from regulators over ESG criteria......»»
The Wall Street Journal: Saudis to push for extension of oil-production cuts at OPEC meeting
Saudi Arabia will push for an extension of oil production cuts through mid-2020 at a producers’ summit this week in an effort to prop up Saudi Aramco’s initial public offering share price, Persian Gulf officials said......»»
The Wall Street Journal: Some WeWork board members seek to remove Adam Neumann as CEO
A bloc of WeWork directors is planning to push Adam Neumann to step down as chief executive after a tumultuous week in which his eccentric behavior and drug use came to light and the startup delayed its much-anticipated stock-market listing......»»
Some WeWork directors considering removal of Adam Neumann as CEO: WSJ
Some WeWork board members, including officials tied to SoftBank Group Corp , are planning to try to push Adam Neumann to step down as chief executive, The Wall Street Journal reported on Sunday, citing people familiar with the matter......»»
WeWork parent expected to delay IPO: WSJ
WeWork owner The We Company is expected to postpone its initial public offering, the Wall Street Journal reported on Monday, citing people familiar with the matter......»»
Robust economic data, easing trade worries push Wall Street higher
U.S. stocks hit a one-month high on Thursday on hopes of a de-escalation in trade tensions after Washington and Beijing agreed to hold high-level talks next month, while strong economic data eased concerns of a domestic slowdown......»»
Amazon ripped over product safety concerns
Despite internal policies to protect customers, the ecommerce giant listed thousands of items deemed unsafe by federal agencies, deceptively labeled or banned by regulators, according to a Wall Street Journal report......»»
The Wall Street Journal: WeWork may go public as soon as September
WeWork Cos. is aiming to go public in September, earlier than many investors had expected, after boosting a loan facility the office-space manager hopes will pave the way for the listing......»»
Exclusive: WeWork to host Wall Street analyst day in IPO push - sources
The We Company, parent of flexible workspace operator WeWork, plans to host an analyst day for Wall Street banks on July 31, as the company steps up its preparations for an initial public offering (IPO), people familiar with the matter said......»»
WeWork co-founder Neumann has sold about $700M in holdings
Adam Neumann, co-founder of shared office-space giant WeWork, has cashed out more than $700 million from his company ahead of its initial public offering, including borrowing against some of his holdings, according to The Wall Street Journal. Citing.....»»
The Wall Street Journal: WeWork looks to raise up to $4 billion selling debt ahead of IPO
This debt offering would be independent of the money WeWork raises in its initial public offering and could even raise more money for the company than the IPO itself......»»
The Wall Street Journal: WeWork sued by former execs claiming gender, age discrimination
WeWork Cos. is being sued by two former executives who are accusing the shared-office company of gender and age discrimination as it gears up for an initial public offering......»»
The Wall Street Journal: Big Facebook shareholders back move to remove Zuckerberg as chairman
Several public funds with holdings in Facebook Inc., including New York City’s pension funds, are backing a shareholder proposal to push out Chief Executive Mark Zuckerberg as chairman of the social-media giant’s board of directors......»»