U.S. and China Reach Trade Deal, But…
The pledges China and the U.S. made to keep prospects alive for a comprehensive trade deal did little to alter the deteriorating growth outlooks for both countries because they were sealed with something economists don’t trust: a handshake.
SoftBank in talks to take control of WeWork amid cash crunch
SoftBank is in talks to take control of WeWork as the lossmaking property group faces a cash crunch that threatens its solvency, according to multiple people briefed on the matter.
WeWork is looking for Money
WeWork is in talks with lenders led by JPMorgan Chase & Co. about a $5 billion debt package, seeking to ease a cash crunch that could leave the office-sharing company short of money as soon as next month, according to people familiar with the matter.