December 7, 2023

In less than one year, WeWork went from having a $47 billion valuation and being the darling of the venture capital world to needing an $8 billion infusion to avoid running out of money. This is the story of Adam Neumann, Softbank’s risky investment, a failed IPO and how we got here.
Insight and analysis of top stories from our award winning magazine “Bloomberg Businessweek”.
We join a group of filmakers from Germany as they seek out a shy schoolboy in the Philippines who harbors dreams of escaping poverty through surfing. After that we take a look at a unique hotel that offers surfers everywhere the perfect way to sample the waves in comfort, even in remote locations.
Police: Plane Circling Mississippi City Threatens to Crash
Goldman Says EU Gas May Challenge August Highs on Gazprom News
Judge Tosses Manslaughter Charge in Boat Fire That Killed 34
A Ring of Empty Pedestals Marks the Lack of Women in Copenhagen’s Public Art
VW to Discuss Porsche IPO at Monday Meeting
Five Things to Know Ahead of NASA’s Second Moon Launch Try
Fuel Leak Disrupts NASA’s 2nd Shot At Launching Moon Rocket
Google’s Plan to Stare Down Fake News on Ukrainian Refugees
Only 12% Expect Truss Will Be a Good Prime Minister, YouGov Says
Pakistan Appeals for More Aid for 33M Affected By Flooding
Citigroup Cuts Dozens of Mortgage Staffers After Housing Market Slows
Yankee Candle Founder’s $23 Million Massachusetts Compound Comes With Bellagio-Inspired Water Park
Laura Poitras Film Spotlights Activist Photographer Goldin
Octogenarian Brothers Make Popular Hand-drawn Posters
Biden Can’t See Why America Is in Trouble
Did the Fed Get It Right After All?
50 States, 50 Startups: How Innovation Surged During Covid
The ESG Crown Is Slipping, and It’s Mostly the Fund Industry’s Own Fault
A New Contaminant Found in Popular Drugs Could Cost Big Pharma Millions
The Anti-ESG Crusader Who Wants to Pick a Fight With BlackRock
Serena Williams Forever Changed How Brands See Female Athletes
US Women’s Employment Nears Level Not Seen Since February 2020
Bankers at CIBC London Had Book of Sexual Jokes About Women
Atlantic Spins Up Two Storms After Passing August Quietly
Rain Warning for Northern Ireland and Scotland as Flood Alerts Announced
Urban Migration Slows in 2022 for Many Major US Cities
Stockholm’s ‘Housing for All’ Is Now Just for the Few
A Ring of Empty Pedestals Marks the Lack of Women in Copenhagen’s Public Art
Crypto Firms Are Still Investing Big in Sports
Bankrupt Celsius Seeks to Return $50 Million of Locked Crypto
A Dozen Crypto ETFs That All Act the Same: An Industry Identity Crisis

On the edges of US Sun Belt suburbia, the wait lists for new houses are gone. And homebuilders are doing something they haven’t done in years: slashing prices.
The fastest-rising mortgage rates in decades have cooled demand so abruptly in many hotspots that it took the industry by surprise. Builders that were artificially limiting sales and auctioning houses to the highest bidder now have inventory to move. 


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