(Reuters) – SoftBank Group (9984.T) offered nearly $10 billion on Monday to WeWork and its shareholders under a takeover plan that would keep the U.S. office-space sharing start-up afloat and lead to the exit of its Chairman Adam Neumann, sources said.
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Stocks in Asia gained Tuesday after U.S. equities advanced as positive signs emerged on trade talks and ahead of earnings from some of the world’s biggest companies. South Korean and Australian shares were higher and futures pointed to gains in Hong …
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Macy’s is quitting fur. The retailer said on Monday that its namesake chain and Bloomingdale’s department stores would stop selling fur products by early 2021, after the company conducted two years of research into alternatives and consumer views on the …
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As the company moves on from its failed IPO and former CEO Adam Neumann’s ouster, WeWork needs a cash infusion—and fast. With reports swirling that the company will run out of money next month without new financing, the We Company, now helmed …
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SEOUL (Reuters) – Oil prices steadied a little on Tuesday, supported by signs of progress in talks on resolving the U.S.-China trade dispute, but gains were contained by lingering anxiety a slowdown in the global economy could hurt crude demand.
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