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S&P says sharing office space giant WeWork in 'selective default'

Embattled flexible workspace provider WeWork is in "selective default" after failing to meet conditions set by debt holders, ratings agency S&P said Wednesday.But S&P characterized the company's status as one of "selective default." ....

Adam Neumann , S P , Interest Payments ,

WeWork Bankruptcy: One of the Biggest Startup Failures Ever. VCs Haven't Learned a Thing.

WeWork's financial decline, and likely bankruptcy, may have left some VC firms with losses. The industry hasn't learned a thing from the episode. ....

Tech Insider , Adam Neumann , Venture Capital ,

wework bankruptcy: WeWork plans to file for bankruptcy as early as next week

The company has been in turmoil ever since its plans to go public in 2019 imploded following investors skepticism over its business model of taking long-term leases and renting them for the short term and on worries over its hefty losses. ....

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WeWork turmoil has hurt our share price, says Regus office chief

Stocks slump more than 20pc in six months despite increasing profits ....

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WeWork reportedly filing for bankruptcy and Canadian locations' future uncertain

Co-working company WeWork could file for bankruptcy as early as next week, according to several reports.

Bloomberg sources, who chose not to be id. ....

Doug Ford , Greater Toronto Area ,