After his spectacular rise and fall at WeWork, Mr. Neumann is getting back into the real estate industry, with backing from a major Silicon Valley player. Story Published at: August 15, 2022 at 01:04PM Continue Reading…
Adam Neumann’s New Company Gets a Big Check From Andreessen Horowitz
Adam Neumann Gets a New Backer
WeWork’s founder is back with a billion-dollar venture. Story Published at: August 15, 2022 at 12:54PM Continue Reading…
The Week in Business: Inflation Moderates
Disney now has more subscribers than Netflix. The Fed will share notes from its July meeting. And stocks are on the rise. Story Published at: August 14, 2022 at 12:00PM Continue Reading…
People Flock to South Korean Crypto Event Despite Market Turmoil
Falling prices and upheaval in the industry does not appear to have curbed Koreans’ appetite for crypto, blockchain and all things web3. Story Published at: August 8, 2022 at 12:54PM Continue Reading…
The Week in Business: Blistering Job Growth
Elon Musk countersues Twitter. The Walt Disney Company’s bold subscriber ambitions may get a check in its quarterly earnings report. And the latest inflation number comes out. Story Published at: August 7, 2022 at 03:34PM Continue Reading…
The Humbling of Coinbase
In just over a year, the United States’ largest cryptocurrency exchange went from a triumphant public offering to a “crypto winter” of cost cutting and layoffs. Story Published at: August 5, 2022 at 05:28PM Continue Reading…
A Tax Loophole’s Powerful Defender
Senator Kyrsten Sinema had one main request before she would support a key spending bill: Preserve a tax loophole that mainly benefits people in private equity. Story Published at: August 5, 2022 at 02:02PM Continue Reading…
Taking Stock of Pelosi’s Taiwan Trip
More fallout may be ahead for businesses and investors from a visit that tested China’s appetite for confrontation. Story Published at: August 3, 2022 at 02:09PM Continue Reading…
Robinhood lays off 23 percent of its staff, blaming crypto meltdown.
The trading app that helped drive the meme stock frenzy announced staff cuts for the second time this year. Story Published at: August 2, 2022 at 10:03PM Continue Reading…
Doing the Math on the Inflation Reduction Act
The bill involves at least $260 billion in spending over 10 years, with a focus on energy and climate, but it would raise taxes by more than that, a congressional analysis found. Story Published at: August 2, 2022 at 02:36PM Continue Reading…