WeWork Special Committee Files Lawsuit Against SoftBank After Tender Offer Falls Through

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WeWork Special Committee Files Lawsuit Against SoftBank After Tender Offer Falls Through

(Reuters) – The special committee on the board of The We Company, which operates office-sharing startup WeWork, filed a lawsuit against its largest shareholder SoftBank Group Corp on Tuesday, challenging its decision to terminate a $3-billion tender offer.
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Online grocery services struggle to meet spike in demand amid coronavirus pandemic

LONDON — A pandemic forcing everyone to stay home could be the perfect moment for online grocery services. In practice, they’ve been struggling to keep up with a surge in orders, highlighting their limited ability to respond to an unprecedented onslaught …
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Ford converts Windsor Engine Plant to produce plastic face shields

Ford Motor Company has converted space in its Windsor Engine Plant and has begun producing plastic protective face shields for healthcare workers battling the COVID-19 pandemic. The shields will be distributed in Ontario and the rest of the country, but …
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Logan's, Old Chicago employees terminated

LEXINGTON, Ky. (WTVQ) – The parent company of Logan’s and Old Chicago. Sign on the door at Old Chicago Pizza at Hamburg/WTVQ. restaurants notified its furloughed employees they have been fired, effective March 31, according to new bankruptcy …
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Black Enterprise founder Earl Graves Sr. dies at 85

Earl Graves Sr., the founder and publisher of Black Enterprise and iconic entrepreneur in the black community, has died. Graves’ son, Earl “Butch” Graves Jr. confirmed his father’s passing in a post on Twitter, saying he died after a long battle with Alzheimer’s.
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