In less than one year, WeWork went from having a $47 billion valuation and being the darling of the venture capital world to needing an $8 billion infusion to avoid running out of money. This is the story of Adam Neumann, Softbank's risky investment, a failed IPO and how we got here.
KKR & Co. has formally approached drugstore giant Walgreens Boots Alliance Inc. about a deal to take the company private, in what could be the biggest-ever leveraged buyout, people familiar with the matter said.
Bolt, a leading European on-demand transportation platform and strong rival to Uber, recently launched a dedicated environmental impact fund with seed capital of €10 million aimed at initiatives which deliver global social and environmental benefits.
Microsoft’s Japanese division attempted a 4-day work week for the month of August this year; the results? A whole 40% more productivity from employees.
Following two crashes which led to the deaths of 346 people on Boeing 737 max airplanes, Boeing’s Chief executive Officer Dennis Muilenburg has opted to waiver his yearly bonus.
This weekend we learned that Steve Easterbrook, now the former CEO of multinational fast-food giant McDonald’s, was fired over an ongoing relationship with a work colleague.
A confirmed December election is yet another worry for businesses as spending will likely be put back on hold, especially now as it’s a crucial time before Christmas.
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