WeWork is in talks with lenders led by JPMorgan Chase & Co. about a $5 billion debt package, seeking to ease a cash crunch that could leave the
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SEATTLE (Reuters) – Stratolaunch Systems Corp, the space company founded by late billionaire and Microsoft Corp co-founder Paul Allen, said on Friday it has “transitioned ownership and is continuing regular operations.” The company, a unit of Allen’s …
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A former Barclays boss accused his ex-chief executive John Varley of being a “wally” for refusing to raise investor fees and warned colleagues that Qatari investors may pull out of the bank’s emergency fundraising in 2008, a court heard. Roger Jenkins, a …
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Hyundai Motor America and Kia Motors America have entered into an agreement to resolve class action litigation with owners of certain vehicles equipped with Theta II gasoline direct injection (GDI) engines. This agreement will provide various cash …
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Dan Edwards watched Fort McMurray, Alberta, turn into the insolvency capital of Canada from a brown brick warehouse on King Street, home to the
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