The Latest Breaking News from WeWork

Years after a frankly colossal failure to go public and now under new leadership, WeWork is still struggling with its finances.

The FTX cofounder tried to distance himself from the hole in FTX’s balance sheet.

British Prime Minister Rishi Sunak hosts world leaders and tech executives at Bletchley Park to discuss the future of the AI industry. Also in this edition: office-sharing firm WeWork is reportedly close to filing for bankruptcy, and Greek olive oil producers face rising thefts as prices skyrocket.

The New York-based group has been struggling with a huge debt pile and mammoth losses and has already seen its share price decimated this year

The Reserve Bank looks increasingly likely to lift the cash rate as the IMF found inflation remained ‘sticky’

Flexible office provider WeWork has reported a big jump in demand for space in London in September as more staff returned to desks after the school holidays.

The company, which operates several locations in Chicago, said it would also exit “unfit and underperforming locations.”

As company warns of ‘substantial doubt’ over its future, experts say consequences for commercial landlords could be dire

WeWork said last week there was “substantial doubt” about its ability to stay in business, prompting speculation around the future of the troubled workspace-sharing company

WeWork said last week there was “substantial doubt” about its ability to stay in business, prompting speculation around the future of the troubled workspace-sharing company

WeWork members are not traditional tenants with leases or subleases. That means they have far fewer rights and protections in the event that WeWork goes kaput.