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Billionaire Claure Forges New Empire After WeWork Collapse

Billionaire Claure Forges New Empire After WeWork Collapse
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VC billionaire Marcelo Claure interview on AI, climate, Adam Neumann, WeWork

The 6-foot-6 corporate conquerer, now 44, has his eyes set on building an investment empire.
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WeWork Rival's CEO Pledges $667 Million Stake for Bank Loan

(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… ....

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In London, New York and Paris, a giant office bet is going wrong

In big cities everywhere, owners of these B-list office blocks face the prospect of wildly expensive refurbs or depressed sales. ....

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Powell Wake-Up Call Means More Corporate Defaults: Credit Weekly

(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 ....

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