WeWork co-founder's fortune sinks as IPO hangs in balance

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WeWork co-founder's fortune sinks as IPO hangs in balance

First, WeWork hit London. Then, Boston. Then, Toronto. Over the past six days, WeWork executives have raced from city to city in an attempt to win over increasingly sceptical investors. But by the time the company’s Gulfstream G-6 touched down outside New …
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Walmart rolls out grocery delivery subscription

NEW YORK — Walmart is rolling out a grocery delivery subscription service this fall as it races to gain an advantage in the competitive fresh food business. The service will charge an annual membership fee of $98 for subscribers to access unlimited same-day …
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Gap's Old Navy plans to nearly double its store count after split

(Reuters) – Gap Inc’s (GPS.N) Old Navy brand plans to nearly double its store count in North America as the apparel retailer readies itself to split from the parent company next year. As a standalone company, Old Navy, which offers more affordable clothing …
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BA cancels 27 Sept flights ahead of next pilot strike

British Airways has started emailing passengers to cancel flights two weeks ahead of another strike by pilots. The industrial action on 27 September is expected to affect hundreds of flights and tens of thousands of passengers. The dispute is over a pay-rise …
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Goldman Sachs hires former Amazon executive for top technology role

Goldman Sachs is beefing up its technology team with a top Amazon cloud executive. The New York investment bank announced on Thursday it would hire Marco Argenti as partner and co-chief information officer, according to an internal Goldman Sachs …
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