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WeWork Saga Cost Masayoshi Son $11.5 Billion and His Credibility

(Bloomberg) WeWork Inc.’s bankruptcy filing caps a years-long saga that revealed breathtaking flaws in the investment style of Japanese billionaire Masayoshi Son, damaging his professional reputation far beyond the money he lost.Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’Trump's Wealth Has Jumped $500 Million Since He Left the White HouseWeWork Goes Bankrupt, Signs Pact With Creditors to Cut DebtApple Delays Work on Next Year’s iPhone, Mac Softwar ....

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WeWork has vowed to keep its coworking spaces open during bankruptcy proceeding, but there are other options in Philly

WeWork filed for Chapter 11 bankruptcy protection in federal court on Monday, while pledging to keep its two Center City coworking spaces open. The company once had five shared offices in Philadelphia. The COVID-19 pandemic reshaped the coworking landscape, but there are plenty of options still available in Philly. ....

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WeWork seeks OK to start cancelling leases in bankruptcy case - National

WeWork will make its first U.S. bankruptcy court appearance on Wednesday, seeking to advance a restructuring proposal that could cut $3 billion in debt. ....

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