WeWork says it has 'substantial doubt' about its ability to stay in business
"Substantial doubt exists" about WeWork's ability to continue to stay in business, due to the company's losses, projected cash needs, and increased member turnover, according to the company's second quarter earnings release.
2023-08-09 05:57
Wework raises going-concern doubt, shares tank
(Refiles to add media packaging code) WeWork Inc on Tuesday raised "substantial" doubt about its ability to continue
2023-08-09 05:49
Lula Enlists Neighbors in Brazil’s Battle to Save the Amazon
The leaders of South America’s Amazon nations gathered in Brazil on Tuesday as President Luiz Inacio Lula da
2023-08-09 03:53
Burger King's next challenge: Getting people in the door
Burger King's sales have grown as it works to turn around its business. But it still has a problem: Not enough customers.
2023-08-09 00:47
Here's who is on strike in LA, and what it means for Angelenos
The city of Los Angeles is on strike. A growing number of unions seeking improved conditions for their employees are halting movie productions in the city, holding up hotel business, potentially disrupting supply chains, and slowing down the airport.
2023-08-09 00:22
Boeing deliveries fall in July amid 737 supply chain hurdles
Boeing delivered fewer airplanes in July than its European rival Airbus, as the U.S. planemaker continued to work
2023-08-08 23:27
Los Angeles city workers staging 24-hour strike
Thousands of Los Angeles municipal workers planned a 24-hour strike on Tuesday to protest what their union calls
2023-08-08 21:57
Biggest Coal Miner Sees Profits Fall as Fuel Extends Decline
Coal India Ltd., the world’s largest miner of the fuel, reported a 10% drop in first-quarter profit on
2023-08-08 21:25
Singapore PM Lee reassures public amid political scandals, inflation
SINGAPORE (Reuters) -Singapore Prime Minister Lee Hsien Loong on Tuesday sought to reassure the public after a spate of political
2023-08-08 19:55
Moody's warns it could cut credit ratings of 6 big US banks
Moody's has put the credit ratings of six large US banks, including Bank of New York Mellon, State Street and Northern Trust, under review for a possible downgrade.
2023-08-08 19:52
Here's what CEOs are saying about consumer spending
Consumer resilience has helped keep the economy strong through the Federal Reserve's interest rate hiking cycle. But is that strength holding, or is it faltering?
2023-08-08 19:24
UPS says its profit will fall after it reaches a Teamsters deal. Its stock is sinking sharply
UPS reported a sharp drop in revenue and profit in the second quarter. The company also cut its profit forecast, expecting narrower margins in the wake of its tentative deal with the Teamsters union.
2023-08-08 18:46