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Few fortunes are as volatile as Masayoshi Son’s. The SoftBank Group Corp. founder was briefly richer than Bill Gates at the start of the century before tech stocks crashed. In March 2020, as markets sank under Covid-19 and questions swirled over SoftBank’s investments, his wealth dipped to $8.4 billion, the lowest since 2016. Less than a year later, Japan’s second-richest person has more than quadrupled his fortune to $38 billion, according to the Bloomberg Billionaires Index, hitting the highest level since Bloomberg started tracking billionaire wealth in 2012. The surge is closely tie...

The pact announced Friday ends a legal fight over a stock transaction that collapsed, eliminating the need for a March 4 trial in Delaware.

Adam Neumann, the former WeWork chief executive, would give up his role on the company’s board for at least a year under the terms of a legal settlement in advanced discussions, people familiar with the matter said. The agreement, which hadn’t been finalized and could still change, would remove…

Months of price cuts across the U.S.—including in Chicago, where fees are down 24 percent—indicate a post-pandemic recovery will come slowly for office rentals.

WeWork Slashes Prices Across the U.S. by 10% The co-working operator reduced the price of most of its rental units at least twice, in November and January. Bloomberg | Feb 18, 2021 (Bloomberg)—WeWork Cos. cut prices across the U.S. in the past few months, indicating that a post-pandemic recovery will come slowly for office rentals. The New York-based company reduced the price of most rental units—from individual desks to small offices—in early November and again in January, according to data compiled for Bloomberg by an independent researcher. The average price reduction overa...