WeWork Chapter 11 bankruptcy
In a striking turn of events, WeWork, once a darling of the corporate real estate world, has filed for Chapter 11 bankruptcy protection in New Jersey
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Tag: business failure
Companies that failed, shut down, or went bankrupt.
Peloton reports wider-than-expected loss
Peloton shares tumbled more than 25% on Thursday, after the company reported weakening sales growth and a wider-than-expected loss in its fiscal first quarter.The company slashed its outlook for the full fiscal year amid softened demand for its exercise equipment and ongoing supply chain challenges
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