The co-working company said revenue rose more than 20 percent in the most recent quarter, but tempered its forecast for the full year.
Category: Company Reports
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WeWork Will Close About 40 Locations as Losses Narrow
The New York Times – Business: -
Redfin, the Online Real Estate Broker, Lays Off 13% of Its Staff
The New York Times – Business:The company also said it was shuttering RedfinNow, its home-flipping service, as concerns grow about a slowdown in the housing market.
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Rivian Lost $1.7 Billion in the Third Quarter
The New York Times – Business:The electric truck maker said it had enough cash to fund its operations through 2025.
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Redfin, a Real Estate Broker, Lays Off 13% of Its Staff
The New York Times – Business:The company also said it was shuttering RedfinNow, its home-flipping service, as concerns grow about a slowdown in the housing market.
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Adidas Lowers Earnings Forecast After Dropping Kanye West
The New York Times – Business:The German sportswear company slashed its yearly forecast after dropping the popular Yeezy line over hate speech by its creator, Kanye West.
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Lucid Said It Will Raise Up to $1.5 Billion in Capital
The New York Times – Business:The electric carmaker made the announcement on the same day it reported losing $670 million in the third quarter.
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Disney+ Adds 12 Million Subscribers, Beating Expectations
The New York Times – Business:The confidence generated by the subscriber growth was offset by widening financial losses for the company’s direct-to-consumer division over all.
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Kohl’s Says Its Chief Executive, Michelle Gass, Will Depart
The New York Times – Business:Ms. Gass, who will be replaced on an interim basis by Tom Kingsbury, is leaving ahead of the critical holiday season.
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C.E.O.s Are Talking More About Recession
The New York Times – Business:The possibility of an economic slowdown has been a hot topic during the latest batch of quarterly earnings conference calls.
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C.E.O.s Are Talking More About Recession
The New York Times – Business:The possibility of an economic slowdown has been a hot topic during the latest batch of quarterly earnings conference calls.