Business - Page 2

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
The agreement would have created the fifth-largest US carrier, but the judge said it would hurt customers by lowering competition.
The agreement would have created the fifth-largest US carrier, but the judge said it would hurt customers by lowering competition.

JetBlue Airways and Spirit Airlines cancel $3.8bn merger

The agreement would have created the fifth-largest US carrier, but the judge said it would hurt customers by lowering competition. Cancellation of Merger Agreement JetBlue Airways and Spirit Airlines have terminated their
1 year ago
Billions in private equity and corporate tariffs could be rolled back, along with what analysts say is a sop for child tax credits.
Billions in private equity and corporate tariffs could be rolled back, along with what analysts say is a sop for child tax credits.

US congressional tax deal: windfall for corporations

Billions in private equity and corporate tariffs could be rolled back, along with what analysts say is a sop for child tax credits. Criticism of Tax Breaks A congressional tax deal, hailed
1 year ago
A new study finds cash from Biden’s $1.2tn infrastructure bill has overwhelmingly been spent on widening roads for automobiles.
A new study finds cash from Biden’s $1.2tn infrastructure bill has overwhelmingly been spent on widening roads for automobiles.

The dominance of highways in US infrastructure spending

A new study finds cash from Biden’s $1.2tn infrastructure bill has overwhelmingly been spent on widening roads for automobiles. Introduction: Despite efforts to address the US’s crumbling infrastructure, the focus on expanding
1 year ago
A joint statement affirms the deal to work toward labor agreements on a 'constructive path forward.'
A joint statement affirms the deal to work toward labor agreements on a 'constructive path forward.'

Starbucks and workers united begin talks to reach labor agreements

A joint statement affirms the deal to work toward labor agreements on a ‘constructive path forward.’ In a significant development, Starbucks and the union representing its US workers have announced their intention
1 year ago
The head of Boeing's troubled 737 Max program is to exit the firm, which has been under pressure since a part of one of its jets blew out during a passenger flight in January.
The head of Boeing's troubled 737 Max program is to exit the firm, which has been under pressure since a part of one of its jets blew out during a passenger flight in January.

Boeing announces shake-up amid safety concerns

The head of Boeing’s troubled 737 Max program is to exit the firm, which has been under pressure since a part of one of its jets blew out during a passenger flight
1 year ago
Meta CEO Mark Zuckerberg has taken a personal swipe at rival company Apple's new headset.
Meta CEO Mark Zuckerberg has taken a personal swipe at rival company Apple's new headset.Meta CEO Mark Zuckerberg has taken a personal swipe at rival company Apple's new headset.

Mark Zuckerberg aims Apple’s new headset in personal jab

Meta CEO Mark Zuckerberg has taken a personal swipe at rival company Apple’s new headset. Introduction: The recent release of the Vision Pro mixed reality headset by Apple made waves in the
1 year ago
Price increases in the US moderated last month but not as much as expected, as higher housing and food costs offset a decline in petrol prices.
Price increases in the US moderated last month but not as much as expected, as higher housing and food costs offset a decline in petrol prices.

US inflation falls to 3.1% in latest report

Price increases in the US moderated last month but not as much as expected, as higher housing and food costs offset a decline in petrol prices. Labor Department Reports Decrease in Annual
1 year ago