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The ex-CEO of a shared office space rental firm has reportedly been in discussions with investors.
The ex-CEO of a shared office space rental firm has reportedly been in discussions with investors.
1 year ago

Adam Neumann bids to regain control of WeWork

The ex-CEO of a shared office space rental firm has reportedly been in discussions with investors. Background Adam Neumann, the co-founder ousted from WeWork, has made a bid exceeding $500 million in
Nearly 400 more jobs are at stake as cosmetics retailers struggle to pay suppliers in Australia after the failure of UK parents.
Nearly 400 more jobs are at stake as cosmetics retailers struggle to pay suppliers in Australia after the failure of UK parents.
1 year ago

The Body Shop faces bankruptcy in US and Canada

Nearly 400 more jobs are at stake as cosmetics retailers struggle to pay suppliers in Australia after the failure of UK parents. Financial Struggles Extend Beyond UK The Body Shop, known for
The chain of private members’ clubs raises debt as its global expansion persists.
The chain of private members’ clubs raises debt as its global expansion persists.
1 year ago

Soho House reports significant losses despite revenue growth

The chain of private members’ clubs raises debt as its global expansion persists. Celeb-Favorite Soho House Faces Financial Struggles Soho House, the renowned private members’ club frequented by celebrities like Kate Moss
On Saturday, Didi Global, China's most prominent ride-hailing firm, reported fourth-quarter earnings. This indicates that the Chinese ride-hailing leader has slowly recovered from difficulties after lengthy regulatory scrutiny.
On Saturday, Didi Global, China's most prominent ride-hailing firm, reported fourth-quarter earnings. This indicates that the Chinese ride-hailing leader has slowly recovered from difficulties after lengthy regulatory scrutiny.

Didi Global’s strong performance in Q4 2023

On Saturday, Didi Global, China’s most prominent ride-hailing firm, reported fourth-quarter earnings. This indicates that the Chinese ride-hailing leader has slowly recovered from difficulties after lengthy regulatory scrutiny. In the three months
1 year ago
Several states, including Texas, Louisiana, and Florida, argue that the federal government does not have the authority to broadly deny permits.
Several states, including Texas, Louisiana, and Florida, argue that the federal government does not have the authority to broadly deny permits.

Sixteen states challenge US Federal government’s LNG export ban

Several states, including Texas, Louisiana, and Florida, argue that the federal government does not have the authority to broadly deny permits. Sixteen states, including Texas, Louisiana, and Florida, have jointly filed a
1 year ago
According to the UAW, the Tennessee factory is now the only Volkswagen plant globally without union representation.
According to the UAW, the Tennessee factory is now the only Volkswagen plant globally without union representation.

Volkswagen workers in Chattanooga push for union representation

According to the UAW, the Tennessee factory is now the only Volkswagen plant globally without union representation. Union Election Filing In a significant development, workers at the Volkswagen plant in Chattanooga, Tennessee,
1 year ago
Two new investigations find no substantial differences between US government officers suffering from condition and control group.
Two new investigations find no substantial differences between US government officers suffering from condition and control group.

New studies find no physical damage in Havana syndrome cases

Two new investigations find no substantial differences between US government officers suffering from condition and control group. Two recent medical studies conducted by the National Institutes of Health (NIH) have reported that
1 year ago
In recent weeks, United Airlines aircraft have had a panel missing, rolled onto the grass at a terminal, and lost a tire after takeoff.
In recent weeks, United Airlines aircraft have had a panel missing, rolled onto the grass at a terminal, and lost a tire after takeoff.

United Airlines addresses recent safety incidents

In recent weeks, United Airlines aircraft have had a panel missing, rolled onto the grass at a terminal, and lost a tire after takeoff. United Airlines CEO Scott Kirby announced on Monday
1 year ago
The analysis finds that compensation for senior bosses at companies such as Tesla and T-Mobile US is worth over those businesses' net tax payments.
The analysis finds that compensation for senior bosses at companies such as Tesla and T-Mobile US is worth over those businesses' net tax payments.

Report reveals top executives’ pay outstrips corporate tax payments

The analysis finds that compensation for senior bosses at companies such as Tesla and T-Mobile US is worth over those businesses’ net tax payments.  Introduction: A recent report by Americans for Tax
1 year ago
The incident is the latest in a week of safety problems for the airline involving Boeing airplanes, including a tire falling off and a burning engine.
The incident is the latest in a week of safety problems for the airline involving Boeing airplanes, including a tire falling off and a burning engine.

United Airlines plane runs off runway in Houston

The incident is the latest in a week of safety problems for the airline involving Boeing airplanes, including a tire falling off and a burning engine. A United Airlines plane, a Boeing
1 year ago
Layoffs rose sharply, with last month's rate the highest of any February since 2009, but professionals say 'job gains remain solid.'
Layoffs rose sharply, with last month's rate the highest of any February since 2009, but professionals say 'job gains remain solid.'Layoffs rose sharply, with last month's rate the highest of any February since 2009, but professionals say 'job gains remain solid.'

Job growth surpasses expectations amidst rising interest rates

Layoffs rose sharply, with last month’s rate the highest of any February since 2009, but professionals say ‘job gains remain solid.’ Overview: Despite facing high interest rates, the labor market in the
1 year ago
Officials testified that the firm would not identify who worked on the blown-out committee, and video footage of the work was obliterated.
Officials testified that the firm would not identify who worked on the blown-out committee, and video footage of the work was obliterated.

Boeing under scrutiny for withholding information

Officials testified that the firm would not identify who worked on the blown-out committee, and video footage of the work was obliterated. Boeing has come under fire for refusing to disclose crucial
1 year ago
In comments prepared for a House committee, the central bank leader warns that continued headway on inflation 'is not assured.'
In comments prepared for a House committee, the central bank leader warns that continued headway on inflation 'is not assured.'

Federal Reserve chair signals interest rate reduction later in 2024

In comments prepared for a House committee, the central bank leader warns that continued headway on inflation ‘is not assured.‘ In his remarks to the House financial services committee on Wednesday, Jerome
1 year ago
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