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Bitcoin's ETF Approval Rumor, Pfizer Slashes Annual Outlook, Activist Shareholder Shakes Up News Corp's Status Quo: Today's Top Stories

Benzinga Bitcoin Spiked On False ETF Approval Rumor Bitcoin (BTC/USD), the ace cryptocurrency, spiked on unverified reports of the approval of an iShares Bitcoin ETF. BlackRock said the information is false, according to Fox Business journalist Eleanor Terrett. The company's Bitcoin ETF application is still under review, BlackRock, which owns iShares, told Fox. Albemarle Backs Out Of Acquisition Offer For Australia's Liontown Resources Mining giant Albemarle Corporation (NYSE: ALB) sai...
New Jersey United States Sandeep Mathrani Eleanor Terrett David Tolley Wework Inc
Source: yahoo.com

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WeWork to withhold interest payment on some notes

The company has a 30-day grace period to make the interest payments before a non-payment can be considered an "event of default", WeWork said in a regulatory filing. The company has the liquidity to make the interest payments and may decide to pay "in the future", it added. The company withheld interest payments of about $37.3 million payable in cash and $57.9 million of payment-in-kind (PIK) notes, each payable on Monday.
Shivansh Tiwary Maju Samuel Wework Inc On New York Stock Exchange York Stock Exchange Work Inc
Source: yahoo.com

WeWork Inc. (NYSE:WE) Short Interest Update

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 […]
Bruce Dunlevie Softbank Group Wework Inc Sycale Advisors Get Free Report World Investors

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