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WeWork Taps Directors With Bankruptcy Chops After Board Resignations
Business

WeWork Taps Directors With Bankruptcy Chops After Board Resignations

WeWork has brought in a slate of new board members experienced in restructuring troubled companies through bankruptcy to succeed three directors who resigned because of

WeWork Raises Doubt About Its Survival
Business

WeWork Raises Doubt About Its Survival

WeWork on Tuesday raised doubt about its ability to stay in business as the co-working space provider faces losses and a dwindling cash pile amid

More Junk-Rated Companies Are Facing Credit Downgrades and Defaults
Business

More Junk-Rated Companies Are Facing Credit Downgrades and Defaults

CFO Journal U.S. businesses with lower credit ratings or significant leverage are increasingly struggling with steep increases to debt-servicing costs Source link

Factbox-First Citizens BancShares, buyer of flailing rivals By Reuters
Stock Market

WeWork adopts shareholder rights plan to protect ability to reduce future tax bills By Reuters

© Reuters. A sign is seen outside offices run by WeWork in Philadelphia, Pennsylvania, U.S. September 30, 2019. REUTERS/Mark Makela (Reuters) – WeWork Inc. on