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Google's new retail space, WeWork's losses pile up, and more


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Google’s new retail space, WeWork’s losses pile up, and more
Google’s new retail space, WeWork’s losses pile up, and more
Many city dwellers fled to country estates and warmer locales during the pandemic meanwhile, New York has recently acquired a retreat of its own an urban island perched on the Hudson River. Stay in the know with our weekly roundup of headlines, launches and events, recommended reading, and more.
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WeWork incurred $2.1 billion in losses during the first quarter of 2021, the
Financial Times reports, adding to overall losses of $3.2 billion in 2020. The co-working company suffered a series of blows in the past year, including losing a quarter of its members to remote work, shuttering unprofitable locations and shelling out $500 million in a settlement with former CEO and co-founder ....

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