WeWork will restate earnings of SPAC sponsor BowX

Marcelo Clore, Chairman of WeWork, Inc. , speaks during an interview at WeWork’s IPO on the floor of the New York Stock Exchange (NYSE) in New York City, US, October 21, 2021. Brendan McDermid | Reuters Just over a month after it debuted on the public market, WeWork has already run into a snag with … Read more

Boeing, Dollar Tree, Tesla and more

Boeing 777, American Airlines. Massimo Insabato | Mondadori wallet | Getty Images Check out which companies are making the headlines at midday. Boeing – Shares of the planemaker jumped more than 5% after a company executive said on Sunday it was “close” to resuming deliveries of its 787 Dreamliner planes, after it was suspended to … Read more

WeWork (WE) reports Q3 2021 earnings

The New York Stock Exchange welcomes WeWork, Inc. (NYSE: WE), today Thursday, October 21, 2021, in celebration of its inclusion. To honor the occasion, Sandeep Matherani, CEO, Marcelo Clore, Chairman, and joined by New York Stock Exchange President Stacey Cunningham, ring The Opening Bell®. NYSE WeWork shares were slightly positive in premarket trading on Monday … Read more

Inflation remains the hot topic in week ahead as Walmart and other key retailers report

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, October 13, 2021. Brendan McDermid | Reuters Consumers are in the spotlight next week, with the impending release of October retail sales and earnings from supermarkets. Retail sales are the big economic report of the week, when the … Read more

$47 billion valuation went to his head

Adam Newman, CEO of WeWork. Eduardo Munoz | Reuters Adam Newman, CEO of Ousted WeWork, said the company’s $47 billion private valuation went to his head, in his first interview since leaving the company in 2019 amid a failed initial public offering. He told CNBC’s Andrew Ross Sorkin in The New York Times DealBook Summit … Read more