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MICHELLE F DAVIS
Jamie Dimon sees ‘bad recession’ and echoes of 2008 crisis aheadDimon said JPMorgan’s earnings will be “down meaningfully” this year.06 Apr, 2020, 07.11 PM IST- SoftBank seeks majority stake in WeWork with bailout dealThe bailout situation underscores the rapid unraveling of the once-high-flying startup. This summer, WeWork appeared to be headed toward a ...22 Oct, 2019, 09.36 AM IST
- SoftBank eyes WeWork rescue valuation below $8 billionThe bank has been sharing its proposal with about 100 investors as it tries to line up support for what would be one of the riskiest debt o...19 Oct, 2019, 11.23 AM IST
- JPMorgan races to add rescue financier to slew of WeWork rolesJPMorgan funds are among We Co.’s largest shareholders, trailing only SoftBank Group Corp., the company’s co-founders and venture capital g...15 Oct, 2019, 05.57 PM IST
- Peloton, Endeavor duds give IPO bankers another black eyeThis trend, notable in the declines of Uber and Lyft, has accelerated in recent weeks, with SmileDirectClub posting the worst opening trade...27 Sep, 2019, 03.07 PM IST
- Pressure mounts on WeWork CEO Adam Neumann as board weighs coupThe news of Neumann’s potential ouster comes after a whirlwind week of uncertainty for WeWork.23 Sep, 2019, 09.13 AM IST
- WeWork postpones long-awaited IPO, sending its bonds fallingThe IPO was expected to be the next step in WeWork’s rapid growth and mark a victory for Japanese telecom giant SoftBank Group Corp.’s plan...18 Sep, 2019, 09.58 AM IST
- WeWork sees IPO completed by end of year as valuations plummetWeWork has become an extreme example of the excesses afforded to technology entrepreneurs in the era of unicorns, startups valued at $1 bil...17 Sep, 2019, 09.39 AM IST
- WeWork considers dropping valuation below $20 billion: Dow JonesEarlier this year, Goldman Sachs Group Inc. bankers were saying WeWork could soon become a $65 billion company.09 Sep, 2019, 10.02 AM IST
- WeWork goes from hot to not as dream value plunges $45 billionThe company is also in talks with SoftBank Group Corp., its biggest investor, for more financing that could delay the IPO even further.07 Sep, 2019, 10.25 AM IST
- WeWork targets $20 billion to $30 billion IPO valueWeWork is planning to kick off its IPO roadshow as soon as next week. The company is targeting a share sale of about $3.5 billion, a person...06 Sep, 2019, 09.32 AM IST
- WeWork plans IPO roadshow as soon as next weekWeWork, which filed to go public last month, is targeting a share sale of about $3.5 billion, a person familiar with the matter said in Jul...04 Sep, 2019, 09.45 AM IST
- WeWork is said to unveil IPO filing as soon as next weekWeWork, based in New York, has been targeting a September IPO, people familiar with the company’s plans said in July.10 Aug, 2019, 10.22 AM IST
- WeWork seeks $6 billion financing, contingent on IPO successThe company has been meeting with analysts this week, outlining its business and plans for expansion as it prepares for a stock-market debu...03 Aug, 2019, 10.34 AM IST
- WeWork is said to be in talks for $2.75 billion credit lineIts IPO will test public investors’ appetite for another tech-infused, cash-burning business after Uber’s disappointing debut.30 May, 2019, 09.22 AM IST
- Goldman Sachs set to cement its grip on Dow JonesIt is Goldman Sachs Group that will see its influence on the 118-year-old gauge solidified, garnering the biggest weighting after a stock s...20 Mar, 2015, 12.10 PM IST
- Trouble brewing in ESPN-Star JVThe root of the discord apparently lies in Star's recent deal with Nimbus's upcoming sports channels.20 Sep, 2006, 01.17 AM IST
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