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
PE firm KKR acquires $373 million portfolio of Synovus Bank's prime auto loans
Private equity giant KKR said on Tuesday it had acquired a $373 million portfolio of prime auto loans
2023-08-09 05:55
Teamsters union pushes for US bankruptcy reform after Yellow's collapse
By Dietrich Knauth NEW YORK The International Brotherhood of Teamsters on Tuesday called for changes to U.S. bankruptcy
2023-08-09 05:55
Commonwealth Bank of Australia's annual profit rises 6%
Commonwealth Bank of Australia reported a near 6% rise in annual cash earnings on Wednesday on the back
2023-08-09 05:50
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
Georgia Tech announces field naming deal with Hyundai for Bobby Dodd Stadium
The home of Georgia Tech football has been renamed Bobby Dodd Stadium at Hyundai Field following a naming rights agreement between the school and the automaker
2023-08-09 05:25
If You Win Mega Millions or Powerball, Should You Take the Cash Payout?
Here's what financial experts say.
2023-08-09 05:20
Lyft Shares Slide After Posting Slowest Growth Since Pandemic
Lyft Inc. shares fell after the company reported its slowest revenue growth in two years, overshadowing a better-than-expected
2023-08-09 05:18
US Fed clarifies process for banks to transact in stablecoins
By Hannah Lang (Reuters) -State banks that are a member of the U.S. Federal Reserve system should obtain a written
2023-08-09 04:54
Local businesses in northern Nigeria feel the sting of regional sanctions against neighboring Niger
A decision by a bloc of West African nations to shut down their borders with Niger as a way of sanctioning its coup plotters is harming local businesses in northern Nigeria, where a cross-border economy has boomed for years
2023-08-09 04:46
Tilray to Buy Eight Beverage Brands for $85 Million From AB InBev
Tilray Brands Inc. shares jumped the most since February 2021 after the cannabis and consumer packaged goods company
2023-08-09 04:30
Lyft forecasts strong earnings as it banks on competitive pricing to chase down Uber
Lyft forecast third-quarter revenue and adjusted core profit above estimates on Tuesday, as it bets on cost cuts
2023-08-09 04:17