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WeWork plans bankruptcy filing as soon as next week, report says, in startling reversal from its heady days as a tech industry superstar
WeWork plans to file for bankruptcy as early as next week, the Wall Street Journal reported Tuesday. The company had one of the most dramatic trajectories of the last startup boom — reaching a valuation of $47 billion before a disastrous...
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Sprott Inc. Declares Third Quarter 2023 Dividend
Article contentTORONTO, Oct. 31, 2023 (GLOBE NEWSWIRE) — Sprott Inc. (“Sprott” or the “Company”) (NYSE/TSX: SII) announced today that its Board of Directors has declared a third quarter 2023 dividend of US$0.25 per common share, payable on November 28, 2023 to...
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Odey Asset Management to close down after sexual assault allegations against founder
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Odey Asset Management is to close down five months after allegations of sexual assault and harassment against its founder Crispin Odey...
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Workplace discrimination saps everyone’s motivation − even if it works in your favor
When people work for discriminatory managers, they put in less effort. That’s true both when managers are biased against them and when they’re biased in their favor, according to a new paper that Nicholas Heiserman...
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Biden administration’s second try at student loan relief will target those with ‘unreasonable’ debt loads, 25-year-old loans and other vulnerable groups
The Biden administration is moving toward a narrower student loan relief plan that would target specific groups of borrowers — those with soaring interest, for example — rather than a sweeping plan like the one the Supreme Court rejected in June.The...
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Britain’s Sunak tries to reclaim climate narrative with $2 bln pledge
DUBAI, Dec 1 (Reuters) - Prime Minister Rishi Sunak will pledge 1.6 billion pounds ($2 billion) in funding at...