Andrew Anzalone was restless. It was late fall, 2017. The year was winding down, and so was his MD/PhD program at Columbia. Trying to figure out what was next in his life, he'd taken to long, leaf-strewn walks in the West Village. One night as he…
More than half of the world's banks are too weak to survive a downturn, according to a survey from consultancy McKinsey & Co. A majority of banks globally may not be economically viable because their returns on equity aren't keeping pace with…
Former WeWork CEO Adam Neumann will be offered 'around $200 million,' to give up his voting shares and leave the board of directors, Axios reported Monday evening. SoftBank is in advanced talks to take control of WeWork, a decision that could come…
The Financial Times
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The editorial board
– Oct 22, 2:00 AM
Armoured personnel carriers on the streets of Santiago bring back bad memories. So do riots and burning buildings. The scale and ferocity of the violence over the weekend in the Chilean capital were the worst since the country's return to democracy…
Adam Neumann once bragged he wanted to become the world's first trillionaire. Now he's barely a billionaire. SoftBank Group Corp.'s proposed rescue package of WeWork involves Neumann selling about $1 billion of stock and getting a $185 million…
