Page 45 - Wework News Today

WeWork launched a renegotiation of its office leases globally, testing its leverage against landlords that stand to lose if the embattled co-working space provider goes out of business.

SoftBank’s lofty ambitions for chip maker Arm have fallen short. Now the market is about to issue its verdict.

CommScope: The Ruckus Wi-Fi 6 gear deployed across WeWork locations includes switches, access points, and the Ruckus Analytics software powered by machine learning and artificial intelligence.

With application and approval times growing ever longer, the co-founder of business coaching company Accendo Financial shares his top tips for reducing rework on SME loans. Every time an SME loan ap

WeWork Inc. (NYSE:WE – Get Free Report) was the recipient of a significant growth in short interest in August. As of August 15th, there was short interest totalling 92,380,000 shares, a growth of 105.6% from the July 31st total of 44,940,000 shares. Based on an average daily volume of 47,660,000 shares, the short-interest ratio is […]

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.

A group of wall street funds which lent cash to WeWork is exploring the possibility of a bankruptcy filing, the Wall Street Journal reported on Thursday citing people familiar with the creditors talks.

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.

Nobody knows exactly what will happen, and we are just at the start of a process that will have many twists and turns.

The group, which includes BlackRock, King Street Capital and Brigade Capital, are holding preliminary talks about the company's restructuring options, the report said, and indicated they would support a plan for chapter 11 bankruptcy. Shares of WeWork were up about 12% at 13 cents in afternoon trade. BlackRock, King Street, Brigade and WeWork did not immediately respond to Reuters' requests for comments.