WeWork founder Miguel McKelvey outlines his next act for the first time. He joins Caroline Hyde and Ed Ludlow to discuss his acquisition of clothing maker American Giant, starting a new shoe brand and building a social network for senior-aged users. Read more here: WeWork Co-Founder Buys Clothing Brand, Starts a Senior Center
Tesla Inc. increased discounts for business customers in Germany in a sign of the electric-car maker’s increasingly aggressive pricing tactics.
Elliott Investment Management LP is calling for a boardroom shakeup at NRG Energy Inc., the second time in six years the activist investor has pushed for changes at the independent US power producer.
The fastest pace of rate hikes by the Federal Reserve in decades combined with negative social media sentiment contributed to the failure of SVB Financial Group’s Silicon Valley Bank, said Greg Becker, former chief executive officer of the company.
The UK and Switzerland are kicking off negotiations for a new free trade agreement to boost the exchange of services between the two countries post-Brexit.
Taiwan’s legislative speaker visited the US Capitol, where he planned to meet with members of a committee focused on competition with China as the Biden administration readies a $500 million fast-tracked weapons package for the island.
Edgewell Personal Care Co., the maker of Schick razors, is looking to reduce its debt as cost pressures weigh on the business.
Amazon.com Inc. plans to bring ChatGPT-style product search to its web store, rivaling efforts by Microsoft Corp. and Google to weave generative artificial intelligence into their search engines.
Miguel McKelvey, who created WeWork with Adam Neumann, is now the owner of the apparel maker American Giant.
Private equity firm TPG is buying credit shop Angelo Gordon for $2.7 billion, gaining a foothold to muscle into the business of lending as banks retreat from making loans.
