WeWork Inc. won bankruptcy court approval to shed billions in debt, drop unprofitable leases from its office workspace portfolio and leave behind the legacy of co-founder Adam Neumann.
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Adam Neumann ends bid to buy WeWork, NYT Dealbook reportsExplore stories from Atlantic Canada.
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Adam Neumann Says Bid Process to Restructure WeWork ‘Not Over’Adam Neumann’s $650 million bid to buy back WeWork was essentially turned down last week, but that process “is not over,” he said on stage Thursday at the Bloomberg Tech Summit in San Francisco.
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WeWork Rival’s CEO Sells $87 Million of Shares to Pay Bank LoanIWG Plc Chief Executive Officer Mark Dixon sold more than 10% of his stake in the world’s biggest operator of serviced offices to pay off a personal loan, sending the stock to its biggest decline in almost two years.
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As Paris Olympics approach, concerns continue after doping watchdog cleared Chinese swimmers in 2021In the two years before the World Anti-Doping Agency cleared 23 Chinese swimmers of doping allegations, that country’s government contributed nearly $2 million US in additional funding to WADA programs, including one designed to strengthen the agency’s investigations and intelligence unit.
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Fort McMurray wildfire: residents cleared to return homeThe Alberta municipality governing the oilsands hub of Fort McMurray says residents ordered out due to a nearby wildfire are clear to return home as of today.
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Residents forced out of Fort McMurray neighbourhoods due to fire cleared to returnFORT MCMURRAY, Alta. — The Alberta municipality governing the oilsands hub of Fort McMurray says residents ordered out due to a nearby wildfire are clear to return home as of today.
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