The Latest Breaking News from WeWork

Here we are, six months into the year and the front-runners in the limited series categories remain the same shows we watched and loved from 2021 — HBO's sharp satire of entitlement, "The White Lotus" (which premiered nearly a year ago) and two series from October, Netflix's intimate drama "Maid"…

Delta Air Lines rolled out the new policy at the beginning of June

The General Electric CEO wowed investors and mingled with celebrities. But New York Times correspondent David Gelles says Welch's aggressive tactics also caused irreparable harm to American industry.

Key Takeaways: UCommune breaks new net-loss record in 2021 and has burned through 4 billion yuan in the past four years Huge losses indicate the company still has a long way to go in terms of asset-light transition By Wang Chuan

With Chicago office vacancy rates at an all-time high and companies tentatively beginning to herd employees back into communal settings, co-working spaces — hard hit during the pandemic — are making a comeback.

WeWork Inc (NYSE:WE) has appointed Andre J. Fernandez as Chief Financial Officer (CFO) effective June 10, 2022. This is the third time the co-working space operator has hired a finance chief since March 2020, the Wall Street Journal reported. Fernandez recently served as the CFO of Atlanta-based enterprise software company NCR Corp (NYSE:NCR). The WSJ report…

The market collapse isn’t just the inevitable result of macroeconomic forces like high interest rates and inflation. It’s also the best opportunity in more than a decade to reckon with the tech industry’s excess.

WeWork Inc (NYSE:WE) cofounder Adam Neumann raised $70 million from venture capitalists and others for his co-founded carbon-credit startup Flowcarbon, Bloomberg reports. The startup raised traditional funding from backers like Andreessen Horowitz’s crypto arm, General Catalyst, and Samsung Next. Flowcarbon also raised money by selling its token, called the Goddess Nature Token. Neumann,…

Co-working pioneer has introduced a more ‘disciplined’ business model

The world’s biggest technology investor has lost a record $20.5 billion (£16.8 billion) as its bets turn sour.

For the last few years, scammers and corporate con men and women (but especially women) who tricked America's elites have captured headlines. But in the last few months, the most prominent ones got the Hollywood treatment from major streaming sites: swindler-socialite Anna Sorokin in Netflix's "Inventing Anna," famous fraudster Elizabeth…