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COUPONS   EDITION                                    US               INTL               DE               AUS               FR               IN               IT               JP               MY               NL               SE               PL               SG               ZA               ES                            * Copyright © 2019 Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our  Terms of Service ,  Privacy Policy and Cookies Policy Sitemap   Disclaimer   Commerce Policy   Coupons   Made in NYC   Stock quotes by finanzen.net The General Motors strike could cost the automaker $75 million per day if it continues Graham Rapier   Sep 21, 2019, 9:08 AM LM Otero/Associated Press GM  General Motors   37.12 0.16 (+0.40 %) Disclaimer Get real-time GM charts here » 49,000  General Motors  workers went on strike this week, after contract negotiations between the automa

WeWork is reportedly seeking a $4 billion lifeline from SoftBank and JPMorgan Theron Mohamed  Oct. 8, 2019, 05:27 AM Getty Images WeWork is reportedly seeking a $4 billion lifeline from SoftBank and JPMorgan. The shared workspace group is in talks with its largest investor for a $1 billion injection, which it hopes to parlay into a $3 billion debt deal with the bank,  according to Reuters . WeWork is hoping to secure the funds as early as next week, when it expects to outline planned job cuts and asset sales to employees, Reuters reported. Read more of Business Insider's WeWork coverage here . WeWork is seeking a $4 billion lifeline from SoftBank and JPMorgan,  according to Reuters . The shared workspace group is in talks with its largest investor for a $1 billion injection, which it hopes to parlay into a $3 billion debt deal with the bank, Reuters reported, citing people familiar with the discussions. WeWork is hoping to secure the funds as early as next

How WeWork spiraled from a $47 billion valuation to talk of bankruptcy in just 6 weeks Just six weeks ago, the coworking giant WeWork was the US's most valuable tech startup. Then it filed its S-1 registration for an initial public offering, disclosing a bevy of conflicts of interest and mismanagement by its magnetic and eccentric cofounder, Adam Neumann. Investors, reporters, and analysts, chastened after seeing Theranos revealed as a massive fraud and watching Uber fail to live up to the hype, didn't let another visionary founder pull the wool over their eyes. Neumann's IPO dreams crashed and burned, and now he's been ousted as CEO and observers are wondering whether WeWork can avoid bankruptcy. Based on reporting from Business Insider and other news outlets, this is the story of the six weeks that almost ended WeWork. Also read:  Sex, tequila, and a tiger: Employees inside Adam Neumann's WeWork talk about the nonstop party to attain a $100 billion dream

A record $1.1 trillion has shifted out of stocks over the last year. Here’s why the market is still climbing, and could see further gains soon. Carmen Reinicke  Sep. 24, 2019, 08:12 AM AP/Mark Lennihan Over the last 12 months, investors have pulled a record $1.1 trillion out of equities and put that money into bonds and money market funds, according to a recent client note from Bernstein. The analysts discuss the resulting factors that have left equities primed to rally over the next few months. Corporate buybacks and mergers and acquisitions have supported stock-market growth, even as investors have fled equities. Read more on Markets Insider.  In the last year, investors have pulled a record $1.1 trillion out of equities and moved the money into bonds and money market funds, according to data from Bernstein. That marks the largest such shift in history. That could mean that equities are set up for gains in the near term, says a team of Bernstein analysts led