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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

Saudi Arabia's Sovereign-Wealth Fund Bets Big at Home
Business

Saudi Arabia's Sovereign-Wealth Fund Bets Big at Home

After pumping tens of billions of dollars into global investments, the $700 billion Public Investment Fund is accelerating spending at home, often on obscure startups

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

Triple-Digit Heat, but No Electric Bill? For Passive Homeowners, 'It's Hard to Go Back'
Business

Triple-Digit Heat, but No Electric Bill? For Passive Homeowners, 'It's Hard to Go Back'

Three side-by-side houses in Boston are designed to offer clean inside air, reduced emissions and little to no energy costs. Source link

Striking L.A. Workers Want Hotels to Help Build Affordable Housing
Business

Striking L.A. Workers Want Hotels to Help Build Affordable Housing

Hotel owners said that fixing the region’s longstanding housing crisis isn’t their job. Source link

U.S. Steelmakers Are Still Expanding as Demand Slows
Business

U.S. Steelmakers Are Still Expanding as Demand Slows

Nucor, U.S. Steel and others are counting on infrastructure projects and auto production to raise demand. Source link

Miami Sees Its First Population Drop in Decades
Business

Miami Sees Its First Population Drop in Decades

Listen to article (2 minutes) Miami, a global hot spot with ambitions to be a business and financial hub, is driving away more residents than

Local Malls, Stuck in 'Death Spiral,' Plunge in Value
Business

Local Malls, Stuck in 'Death Spiral,' Plunge in Value

Crystal Mall’s cut-rate sales price shows how rapidly the value of America’s regional malls has deteriorated in recent years. Source link

The Luxury Home Market Confronts Its New Reality: Not Enough Buyers and Sellers
Business

The Luxury Home Market Confronts Its New Reality: Not Enough Buyers and Sellers

Listen to article (2 minutes) When Joan Dangerfield, wife of the late comedian Rodney Dangerfield, first walked into her Los Angeles home in the early

Home Prices Fell Year-Over-Year in May
Business

Home Prices Fell Year-Over-Year in May

Home prices fell from a year earlier in May for the second straight month, as elevated mortgage rates and high prices sidelined buyers. Source link