Billionaire Claure Forges New Empire After WeWork Collapse bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.
(Bloomberg) — IWG Plc Chief Executive Officer Mark Dixon pledged 270 million shares – about 93% of his holding in the world’s biggest operator of serviced offices as collateral for a loan of undisclosed size from Deutsche Bank AG, according to a regulatory filing. The pledged stake is valued at almost £530 million ($667…
(Bloomberg) America’s most leveraged companies got a painful reality check this week when Federal Reserve Chairman Jerome Powell warned that a rate cut is still a couple of years away. Most Read from BloombergFlorida Is Losing Its Affordability Edge After Drawing a Flood of New ArrivalsGoodbye, Body Mass Index. You Won’t Be Missed.Blinken Has ‘Candid’ Talks With China’s Qin on Trip to Mend TiesNYC Air Quality Improves to Moderate Rating From ‘Unhealthy’Companies will have to swallow higher bo