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WeWork Files for Bankruptcy Amid Glut of Empty Offices
Posted inBankruptcies Company Reports Mathrani, Sandeep Neumann, Adam Real Estate (Commercial) Renting and Leasing (Real Estate) SOFTBANK Corporation Start-ups Tolley, David M WeWork Companies Inc

WeWork Files for Bankruptcy Amid Glut of Empty Offices

The move is a blow for landlords who have rented space to the co-working group, which is planning a “comprehensive reorganization” that includes cutting some of its leases.
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Posted by By Jordyn Holman and J. Edward Moreno
Berkshire Stung by Losses in Its Stock Holdings
Posted inBerkshire Hathaway Inc Buffett, Warren E Company Reports Insurance Real Estate and Housing (Residential) Stocks and Bonds

Berkshire Stung by Losses in Its Stock Holdings

The conglomerate’s cash stake swelled to a record $157.2 billion in the third quarter even as it posted $23.5 billion in losses from investments.
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Posted by By Reuters
Apple’s Sales Drop Slightly While Profit Is Up 11 Percent
Posted inCompany Reports Computers and the Internet Cook, Timothy D iPhone Smartphones Wearable Computing

Apple’s Sales Drop Slightly While Profit Is Up 11 Percent

Interest in new iPhones and services such as music and cloud storage powered the quarter, but other businesses, such as Mac sales, slowed significantly.
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Posted by By Tripp Mickle
Holiday Retail Sales Are Expected to Increase, but at a Slower Pace
Posted inCompany Reports Consumer Behavior Holidays and Special Occasions Inflation (Economics) Interest Rates National Retail Federation Shopping and Retail United States Economy

Holiday Retail Sales Are Expected to Increase, but at a Slower Pace

Spending in that crucial period is predicted to rise 3 to 4 percent from last year, as the economy cools and demand normalizes.
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Posted by By Jordyn Holman

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