WeWork on Tuesday raised doubt about its ability to stay in business as the co-working space provider faces losses and a dwindling cash pile amid major changes in the way people work.
As auto-industry labor talks intensify, the union president said the Jeep maker is asking for too many givebacks.
Penn’s Barstool Sportsbook app will be rebranded as ESPN Bet this fall as part of a 10-year agreement.
The head of Florida’s housing authority was suspended, leaving the organization without a permanent leader just as it gears up to distribute hundreds of millions of dollars in loans meant to spur affordable housing development.
Many of the nation’s largest multifamily players remain on the hook in a massive class-action suit involving rent fixing allegations after a Tennessee federal judge ruled against motions to dismiss the claims Monday.
Waverly D. Crenshaw Jr., chief U.S. District Court judge for the Middle District of Tennessee, denied a series of motions asserting the case against property management software company RealPage and some of the biggest names in commercial real estate should be dismissed for lack of jurisdiction and failure to state a claim.
The judge also denied a request to stay discovery pending his ruling on the motions.
The measure to clamp down on investments in certain industries deemed to pose security risks, set to be issued Wednesday, appears likely to open a new front in the U.S.-China economic conflict.
ESPN Bet will be operated by Penn Entertainment, which said it was selling its platform’s previous brand, Barstool Sports, back to its founder.
The co-working company will seek to raise capital as it searches for a chief executive. Its battered stock plunged further.
WeWork publicly revealed doubts about the future of its business in its quarterly earnings release Tuesday.
New Chinese data showed that exports from the world’s second-largest economy tumbled in July.