WeWork reaches deal to retain Dumbo Heights location after bankruptcy

WeWork's Neumann Nears Deal To Settle With Softbank For $500MM, Retain 'Major' Ownership Stake The former CEO and co-founder of WeWork, the tech/real-estate private company which saw its IPO implode back in 2019 (before talk of a.....»»

J.Crew Group Inc., the preppy U.S. retailer that recently fell on hard times, Monday filed for bankruptcy protection, as several high-profile companies in the U.S. battle with the economic and financial impact of the coronavirus pandemic......»»

David's Bridal Inc. reached a debt deal that would head off a second trip to bankruptcy court. David's Bridal Inc. reached a debt deal that would head off a second trip to bankruptcy court......»»

SEOUL (Reuters) - General Motors Co's South Korean unit on Monday said it has reached a tentative wage deal with its labor union, meeting a key condition laid down by the U.S. automaker to prevent it filing for bankruptcy for the money-losing operation......»»

Hudson's Bay Co. said Tuesday that Lord & Taylor will vacate its Fifth Avenue New York City location, turning over the building to work-share company WeWork. Hudson's Bay announced the WeWork deal last October. Hudson's Bay now says it will f.....»»

Coworking giant WeWork has agreed to release 800 rank-and-file employees in New York state and 600 more nationwide from their noncompete agreements as part of a settlement with the attorneys general... To view the full story, click the title link......»»

Venezuela has struck a $1.4 billion deal to retain control of Citgo Petroleum Corp., the latest settlement that keeps the country’s U.S. crude refineries from falling into the hands of creditors......»»

Nonprofit healthcare system Verity Health has reached a potential breakthrough in its Chapter 11 bankruptcy proceedings with an agreement to sell four of its six hospitals for $610 million to a group based in Southern California. Two of the four hos.....»»

WeWork Snubs Co-Founder Neumann As It Targets Quick Turnaround From Bankruptcy After years of enriching himself to the tune of billions .....»»

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 milli.....»»

Buffett's Candies has turned a simple holiday decoration into a local icon and branding centerpiece, with the famous candy cane now perched on the corner of Academy Road and San Mateo Boulevard......»»

Dive into the $1.4 billion US Latin music market surge. Discover how stars like Karol G and Peso Pluma are leading the charge. read more.....»»

Seafood restaurant chain Red Lobster is mulling a Chapter 11 bankruptcy filing as it looks to restructure its debt, according to people with knowledge of the matter.  By Reshmi Basu Seafood restaurant chain Red.....»»

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

Tim Hortons is a big deal in its home country of Canada — it has about four times more locations up there than Starbucks does. Its push into North Texas is garnering lots of attention. Learn more about its site selection strategy in this story......»»

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

The deal combines one public company that just acquired a competitor with another that just exited bankruptcy......»»

The price has now dropped for the former Grandma's Pies and Restaurant and the adjacent building that's leased to Parivar Grocery & Cafe......»»

"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. .....»»

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......»»