Adam Neumann, Rebuffed by WeWork, Asks Bankruptcy Court to Block Lender Plan
The former chief executive and co-founder of WeWork says it stonewalled his bid, which the company denied.
The former chief executive and co-founder of WeWork says it stonewalled his bid, which the company denied.
Ethan Mollick at the University of Pennsylvania has become the go-to authority on the new technology
Meta had its worst trading day in 18 months after warning of years of AI investment. Shares of Microsoft and Google parent Alphabet rallied.
Trump’s allies are quietly drafting proposals that would attempt to erode the Federal Reserve’s independence if the former president wins a second term, in the midst of a deepening divide among his advisers over how aggressively to challenge the central bank’s authority.
The Biden administration won’t move to ban menthol cigarettes, after the White House weighed the potential public-health benefits of a ban against the political risk of angering Black voters.
Egypt’s president dispatched his intelligence chief to Israel in a last-ditch effort to revive talks toward a cease-fire in Gaza that would also free Israeli hostages and hold off a planned Israeli military offensive in Rafah.
The IRS declared its foray into online tax preparation a success and is considering expansions.
Secretary of State Blinken warned Chinese leader Xi that the U.S. was prepared to act if Beijing didn’t cut back on its support for Russia’s defense industry.
King Charles III will soon resume public royal duties as he makes good progress in his battle against cancer.
Paramount Global’s board is considering replacing CEO Bob Bakish, according to people familiar with the situation.
Exxon Mobil and Chevron posted lower first-quarter profits in part because of anemic natural-gas prices and refining margins, as their run of record-setting results tapers off.
Regulators seized troubled Philadelphia bank Republic First Bancorp and sold it to fellow regional lender Fulton Financial.
Anglo American rejected a $39 billion takeover proposal from rival BHP, setting the stage for a potential bidding war.
Federal auto-safety regulators are examining the adequacy of Tesla’s recall of two million vehicles with Autopilot software, tying the technology to at least 14 fatalities and hundreds of crashes.
Thyssenkrupp agreed to sell a 20% stake in its steel business to Czech billionaire Daniel Kretinsky’s EP for an undisclosed sum.
Stocks rose with the Dow, S&P 500 and Nasdaq gaining 0.4%, 1% and 2%, respectively.
Rémy Cointreau posted a decline in sales for its fourth quarter as it continues to destock in the U.S., but saw a better-than-expected performance in China despite the complex market environment there.
The bank had some of the same problems as the ones that failed in 2023.
The actress gives an exquisite performance as the single parent of a severely disabled son in Amy Herzog’s delicate play.
Secretary of State Antony Blinken said any penalties “will have no impact on Israel’s ability to defend itself against Hamas, Iran, Hezbollah, or other threats.”
Celebrating its 30th anniversary, the troupe performs an evocative nine-part suite featuring dancer Soledad Barrio at the Joyce Theater inspired by the Spanish master’s works.
New rules are designed to eliminate fossil-fuel power plants. Energy scarcity is sure to result.
The bank had some of the same problems as the ones that failed in 2023.
Trump claims the President isn’t up to the job. If Biden shuns debates, voters might conclude Trump is right.