Adam Neumann Makes A 500 Million Bid for Wework That Could Hit 900 Million If Financing and Diligence Firm Up
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Adam Neumann, Rebuffed by WeWork, Asks Bankruptcy Court to Block Lender Plan
The former chief executive and co-founder of WeWork says it stonewalled his bid, which the company denied.The Wall Street Journal - World -
Cybersecurity Firm Rubrik to Raise $752 Million in U.S. IPO
The company, backed by investors including Microsoft and Lightspeed Venture Partners, is selling 23.5 million shares.The Wall Street Journal - Tech -
Rubrik Shares Jump 21% in Market Debut
The Microsoft-backed cybersecurity software firm becomes the latest tech company to have an IPO.The Wall Street Journal - World -
Warren Buffett's Real-Estate Firm Settles Antitrust Matter for $250 Million
The real-estate industry has now agreed to pay nearly $1 billion to settle anticompetitive allegations.The Wall Street Journal - World -
Warren Buffett's Real-Estate Firm Settles Antitrust Matter for $250 Million
The real-estate industry has now agreed to pay nearly $1 billion to settle anticompetitive allegations.The Wall Street Journal - Business -
Realtors spend record $14.7 million on first-quarter lobbying as shakeup hits the real-estate industry
The National Association of Realtors scaled up its Washington lobbying effort in this year’s first quarter, according to disclosures.MarketWatch - Business -
How This Small Business Hit $1 Million in Revenue With a Simple Service: Kids' Gym Class
Hiveclass was founded by parents who wanted to get kids excited about exercise.Inc. - Business -
Biden’s new overtime rule could help millions of ‘stuck’ salaried workers. But there are hurdles ahead.
The new rule expands the number of employees eligible for extra pay after working more than 40 hours. Legal challenges have derailed previous changes.MarketWatch - Business - Joe Biden -
Why South Africa is Anglo American’s ‘poison pill’
BHP, whose £31bn bid for Anglo has been rejected, faces fraught politics and complicated history in the countryFinancial Times - Business -
South Africa could be a thorn in BHP’s side as it makes £31bn Anglo American bid
The world’s biggest miner faces fraught politics and complicated history weeks before key general electionsFinancial Times - World -
Why South Africa is Anglo American’s ‘poison pill’
BHP, whose £31bn bid for Anglo has been rejected, faces fraught politics and complicated history in the countryFinancial Times - Business -
U.S. loses $30 million Reaper drone in Yemen
A U.S. MQ-9 Reaper has crashed in Yemen. It may be the third $30 million drone shot down by the Houthis since November.CBS News - World -
U.S. loses $30 million Reaper drone in Yemen
A U.S. MQ-9 Reaper has crashed in Yemen. It may be the third $30 million drone shot down by the Houthis since November.CBS News - Top stories -
U.S. loses $30 million Reaper drone in Yemen
A U.S. MQ-9 Reaper has crashed in Yemen. It may be the third $30 million drone shot down by the Houthis since November.CBS News - Politics -
Stocks on Track for Weekly Gains as PCE Inflation Hits 2.7%
Stocks climbed, putting the major U.S. indexes on course for weekly gains despite another round of firm inflation data.The Wall Street Journal - World -
Long-Lost Klimt Painting Sells for $37 Million at Auction
The portrait was left unfinished in the painter’s studio when he died, and questions persist over the identity of the subject and what happened to the painting during Nazi rule in Austria.The New York Times - Business -
Klimt portrait lost for nearly 100 years auctioned for $32 million
Gustav Klimt's "Portrait of Fräulein Lieser," which went missing after its owners fled Austria after 1930, was auctioned off for $32 million.CBS News - World -
Klimt portrait lost for nearly 100 years auctioned for $32 million
Gustav Klimt's "Portrait of Fräulein Lieser," which went missing after its owners fled Austria after 1930, was auctioned off for $32 million.CBS News - Top stories -
How TikTok Helped This Beauty Brand Break $100 Million in Sales
The Beachwaver Co., a bootstrapped family business, has leveraged social media to drive fast growth.Inc. - Business - Tiktok -
The King of Queens? A $5.775 Million Tudor Is One of the Borough's Priciest
This ornate house in Jamaica Estates has a gold-plated sink and $1 million worth of mahoganyThe Wall Street Journal - World - United Kingdom -
Continental fined 100 million euros for role in VW emissions scandal
Continental accepted a fine of 100 million euros ($107 million) from a German prosecutor’s office for its role in the Volkswagen emissions-cheating scandal of 2015.MarketWatch - Business -
Peacock Adds 3 Million Paid Subscribers as Comcast Posts Revenue Bump
The airing of an NFL Wild Card playoff game aided subscriber growth last quarter, and net profit increased 0.6% to nearly $3.9 billion. Both beat expectations.The Wall Street Journal - World -
A Penthouse With a ‘Little Garden of Eden’ Is Listed at Nearly $5 Million
David Saint, a theater director and a producer of the 2021 film version of “West Side Story,” is selling his duplex with a wraparound terrace in the East Village.The New York Times - Lifestyle -
Hippies Settled This Unusual California Community. Now Its Homes Sellfor Millions.
The Sea Ranch is secluded, architecturally distinct and doesn’t come cheap. ‘There’s no place like this anywhere.’The Wall Street Journal - World - California -
Netflix Added More Than 9 Million Subscribers in First Quarter
The company’s revenue was 15 percent higher compared with last year, and it solidified its standing as the entertainment company’s dominant streaming service.The New York Times - Tech - Netflix -
Argentine scientists find speedy 90-million-year-old herbivore dinosaur
Yahoo News - World -
Amazon Ring customers getting $5.6 million in refunds, FTC says
PayPal payments are being made to 117,044 consumers whose videos may have been accessed by unauthorized users.CBS News - Top stories - Amazon -
In Settlement, FTC Sends $5.6 Million in Refunds to Ring Customers
The agency said the Amazon-owned video doorbell and security provider failed to keep personal data safe, leading to "egregious" privacy violations.Inc. - Business -
How to Claim Your Part of a $5.6 Million Ring Settlement
The Federal Trade Commission is sending payments to customers who had certain Ring home security cameras and accounts during a particular time period, the agency said.The New York Times - Tech -
Eagles, wide receiver A.J. Brown agree to 3-year, $96 million contract extension
A.J. Brown is set to make $32 million per season, which will make him the highest paid wide receiver in NFL history.Yahoo Sports - Sports - NFL -
Warren Buffett’s Real Estate Brokerage Agrees to $250 Million Settlement
HomeServices of America, the largest residential real estate brokerage in the United States, will settle the claims brought by home sellers who said they were forced to pay inflated commissions, pending court approval.The New York Times - Top stories -
Rooting for Trump to Fail has Made Millions for Investors Shorting His Stock
Diving into the former president's meme stock is not for the faint of heart, but day traders who laugh atTrump Media & Technology's financials are willing to take therisk.Inc. - Business - Donald Trump -
How G.M. Tricked Millions of Drivers Into Being Spied On (Including Me)
This privacy reporter and her husband bought a Chevrolet Bolt in December. Two risk-profiling companies had been getting detailed data about their driving ever since.The New York Times - Tech -
Blackhawks sign defenseman Alex Vlasic to six-year, $27.6 million contract
Vlasic had a breakout 2023-24 season with Chicago.CBS Sports - Sports -
How economists could make themselves more useful
There is a gap between the research supplied by academia and what policymakers actually wantFinancial Times - World -
How economists could make themselves more useful
There is a gap between the research supplied by academia and what policymakers actually wantFinancial Times - Business -
Pentagon rushes $1bn in weapons to Kyiv after Biden signs aid bill
US president says ‘we need to move fast’ as Ukrainian troops falter on front linesFinancial Times - Business - Joe Biden -
Angela van den Bogerd shown letter blaming Post Office for sub-postmaster's death
The former executive was being questioned about the Post Office's response to Martin Griffiths taking his own life in 2013.BBC News - Top stories -
JPMorgan Chase is caught in U.S-Russia sanctions war after overseas court orders $440 million seized from bank
The escalation shows how American banks are struggling to navigate American sanctions rules more than two years after Russia's invasion of Ukraine.CNBC - Business -
Cowboys place surprise designation on Micah Parsons' fifth-year option to save $3 million
Parsons played predominantly along the defensive line in 2023 despite Dallas officially listing him as a linebackerCBS Sports - Sports - NFL