SoftBank’s WeWork financing would lead to Adam Neumann’s exit – sources
SoftBank Group Corp offered close to $10 billion to WeWork owner The We Company, its employees and its investors on Monday under a plan to...
SoftBank offers to lend WeWork $5 billion, buy out insiders: sources
SoftBank Group Corp has made a $5 billion debt financing offer to keep WeWork afloat as part of a deal that would make the Japanese...
Drug companies avert landmark opioids trial as talks on $48 billion settlement set to resume
Four large drug companies could resume talks on Tuesday to try to reach a $48 billion settlement of all opioid litigation against them, after agreeing...
Global tocks climb on hopes for progress in trade; Canadian dollar gains
World stock indexes rose on Monday as signs of work to resolve the U.S.-China trade war bolstered investor hopes, while the Canadian dollar strengthened in...
UBS, Simmons Energy pare bankers as shale M&A slows: sources
UBS Group AG and the energy arm of Piper Jaffray Companies have cut staff in their oil and gas investment banking teams, three people familiar...
SoftBank extends $5 billion debt financing offer to WeWork: sources
SoftBank Group Corp has made a $5 billion debt financing offer to keep WeWork afloat as part of a deal that would make the Japanese...
San Jose to propose turning PG&E into giant customer-owned utility: WSJ
San Jose, California’s third-biggest city, is proposing to convert PG&E Corp into the country’s largest customer-owned utility, the Wall Street Journal reported on Monday, citing...
Wall Street climbs on signs of trade progress
The benchmark S&P 500 stock index rose within striking distance of a record high on Monday as further signs of progress toward a resolution of...
Trump administration renews three-month license for Chevron in Venezuela
The U.S. Treasury Department on Monday renewed a license allowing Chevron, the last U.S. operating company in Venezuela to continue operating in the country for...
Companies slow to disclose financial costs of climate change: report
U.S. and European companies in polluting industries rarely disclose the financial risks they face related to climate change even though a global task force called...