The grocery giant is running middle of the pack on pricing and sales growth.
The Mediterranean-style restaurant chain’s shares nearly doubled from the IPO price.
Two judges have ruled that developer and real estate investor Joel Schreiber owes nearly $100M to entities affiliated with Starwood Capital Group and Goldman Sachs after they ruled he violated loan agreements.
Schreiber, who was WeWork’s first investor, put up 1.56 million shares worth approximately $90M in WeWork as collateral for a $20M loan from Goldman Sachs in 2019. But the investment bank discovered later that Schreiber had sold 300,000 of those shares, Goldman Sachs claimed in a suit, which was first reported by The Real Deal.
In addition to depleting the underlying collateral, Schreiber allegedly promised other assets that were worthless such as his stake in the…
Elizabeth Holmes Says She Can’t Afford $250 Payments to Theranos Victims
June 15, 2023 / no comments
Elizabeth Holmes, the founder of a blood-testing company, was ordered to pay $250 a month to defrauded investors after her prison term. Her lawyers said she had “limited financial resources.”
Live Nation and SeatGeek said they would show customers the full cost of concerts, after the White House’s complaints that “junk fees” for tickets and hotel stays can mislead consumers.
The Chinese central bank’s latest interest-rate cut signals Beijing is increasingly uneasy about the economy’s prospects.
Since sales surged during the pandemic, Instant Brands has struggled to find new fans for its beloved Instant Pot and other products.
The conventional method for chest compressions doesn’t have a great success rate. Doctors are pumping it up with a high-tech plunger.
Two of the biggest U.S. ticket sellers plan to change how they display prices to concertgoers, moves aimed at simplifying the process of buying tickets.
Worries about the outlook matter, but for U.S. consumers, the means to spend matters more.