Breitbart Business Digest: Disney Magic Kingdom Still Haunted by Dark Magic of Woke Politics
It is going to take more than a better finance chief to bring the magic back to Walt Disney Co.
WeWork
WeWork Files for Bankruptcy After Once Boasting a $47 Billion Valuation
WeWork, once a darling of startup culture that became a high-flying office-sharing behemoth worth $47 billion in 2019, has filed for Chapter 11 bankruptcy protection. Now, the company will fight to restructure its business and stay alive.
Startup Darling WeWork Teeters on the Brink of Bankruptcy
WeWork, the flexible workspace solutions company that was once the darling of startup-crazyed Wall Street, is facing the grim reality of bankruptcy, with its stock plummeting to new lows amid ongoing financial turmoil.
Former Startup Darling WeWork May (Finally) Be Going Down the Tubes
Amid ongoing concerns about a crisis in the commercial real estate market, the funds that previously bailed out beleaguered office co-working startup WeWork are reportedly exploring bankruptcy options for the company.
Infamous WeWork CEO Adam Neumann Attempts Comeback with Real Estate Venture
Former WeWork CEO and co-founder Adam Neumann is attempting to make a comeback in the form of a residential real-estate venture that has already lined up funding and is valued at more than $1 billion.
Nolte: Here’s the Segment CNN Ran to Silence Chris Cuomo’s Accuser
The segment far-left CNN ran in 2017 to silence Chris Cuomo’s sexual misconduct accuser has been unearthed, according to the Washington Free Beacon.
Japanese Investment Giant Softbank Forecasts $6.6 Billion WeWork Write-Down
Softbank has warned about deeper losses for the year due to a whopping $6.6 billion write-down on its WeWork investment.
Japanese Investment Firm Abandons Plans to Pump $3 Billion into WeWork
Japanese investment powerhouse SoftBank has confirmed that it will not be purchasing $3 billion worth of WeWork shares, citing multiple “significant” criminal and civil investigations into WeWork and its finances among other factors.
Report: WeWork Collapse Resulted from Derelict Board Members, Irresponsible Financiers
The ongoing collapse of the office-sharing company WeWork is the result of derelict board members and greedy financiers who failed to rein in the erratic behavior of former CEO Adam Neumann, according to a new investigative report.
Report: New York State Attorney General Investigates WeWork as Mass Layoffs Loom
The beleaguered shared-workspace company WeWork is facing a new challenge in the form of an investigation by the New York State Attorney General, according to a new report.
Report: WeWork Rescued by Japan’s SoftBank, Former CEO Gets $1.7B Payout
Financially troubled “shared workspace” company WeWork has found a lifeline that will save the company from running out of cash but will result in a significant hit to its valuation, according to a new report.
WeWork Calls Off IPO Following Ouster of CEO
WeWork is the latest casualty of the IPO bloodbath.
Report: WeWork CEO Adam Neumann Stepping Down
Embattled co-founder and CEO of WeWork Adam Neumann is reportedly leaving following a rocky tenure that has been plagued by allegations of outrageous conduct, including alleged drug use and his copyrighting of the word “We” which he charged his own company to use.
Larry Ellison Calls Uber ‘Almost Worthless’
Oracle CEO and influential Silicon Valley billionaire Larry Ellison is no fan of Uber, reportedly calling the ride-sharing company “almost worthless” at a recent talk.
Boston Fed President: WeWork Business Model Is a Risk to U.S. Economy
The maturity mismatch in coworking spaces could make losses in commercial realestate much worse in a downturn.
Tech Startup ‘WeWork’ Bans Meat to Save Environment
Startup company “WeWork” will no longer provide meat to staff and members in an attempt to save the environment.
