WeWork lost $3.2 billion last year- Financial Times

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WeWork lost $3.2 billion last year- Financial Times

March 22 (Reuters) – WeWork lost $3.2 billion last year according to documents shown to prospective investors by the office-sharing startup in a pitch for $1 billion in investment and a stock market listing, the Financial Times here reported on Monday.
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Semiconductor shortage, other supply chain issues cause more auto production disruptions

Ford Motor Co. confirmed Monday that its Ohio Assembly Plant in Avon Lake, Ohio, will be down this week. Workers at the plant build medium-duty trucks, E-Series vans, and Super Duty trucks.
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Tesla investor tweets praise for Mustang Mach-E, trashes Ford

The investor: Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management, based in Santa Monica, California. The topic: The all-electric Ford Mustang Mach-E. On Sunday, …
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US Postal chief set to release 10-year strategic plan

By David Shepardson. WASHINGTON (Reuters) – U.S. Postmaster General Louis DeJoy is set to release a 10-year strategic plan as early as Tuesday expected to propose slowing delivery standards for some first-class mail as he seeks to put the …
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Court settlement pushes Highmark Health 'profit' to $1 billion for 2020

Highmark Health reported an operating gain of $490 million on $18 billion in revenue during COVID-19-challenged 2020. Highmark finished 2020 with $1 billion in profit, or what in the non-profit world is recorded as excess revenue over expenses. Half of that …
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