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WeWork Says It ‘Doubts’ It Can Stay in Business

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Shares of WeWork Inc. tumbled more than 25% in extended trading after it said there’s “substantial doubt” about its ability to continue operating, citing sustained losses and canceled memberships to its office spaces. Vonnie Quinn reports on Bloomberg Television.
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33 Comments

33 Comments

  1. @donbernie9346

    December 12, 2023 at 11:23 am

    unfortunately for wework the pandemic ended its suffering quickly

  2. @donbernie9346

    December 12, 2023 at 11:23 am

    it should be illegal for CEOs just to run away

  3. @placebo777

    December 12, 2023 at 11:23 am

    Squeeze

  4. @Smarty2able

    December 12, 2023 at 11:23 am

    It's a waste of space tbh.

  5. @sauronthegreat5799

    December 12, 2023 at 11:23 am

    Wework is like scam like Theranos. Neumann should be in prison. Softbank is stupid for sinking billions into this idiotic idea.

  6. @sauronthegreat5799

    December 12, 2023 at 11:23 am

    We work was the biggest scam ever. Neumann is a conman and scammer who fooled all those investors especially Softbank. They never should've given him billions of dollars as severance pay. Very stupid.

  7. @ntesla4714

    December 12, 2023 at 11:23 am

    WeOutofWork

  8. @shivamgarg4022

    December 12, 2023 at 11:23 am

    Where did 12 billion dollars go???😢😮

  9. @AnuragIndia

    December 12, 2023 at 11:23 am

    Facing 80% loss I'm destroyed mentally… will it recover till 9$

  10. @luismartinez-dg6mg

    December 12, 2023 at 11:23 am

    we work fue un fracaso desde el principio con mucha deuda y ya k saben tanto cual fue el primer edificio k cerro por falta de pago en el 2012 2013 y fue en Brooklyn

  11. @KevinInPhoenix

    December 12, 2023 at 11:23 am

    WeWork doesn't.

  12. @AlphaCentauri24

    December 12, 2023 at 11:23 am

    Newmann was let go with a sweet deal. Lol. The scammer got away with the help of Board.

  13. @sinepari9160

    December 12, 2023 at 11:23 am

    scam from the start.

  14. @hyunkim8075

    December 12, 2023 at 11:23 am

    We-used to-work

  15. @lemontadams3029

    December 12, 2023 at 11:23 am

    Fitch Downgrade a Warning of Looming Debt Crisis; Congress Paralyzed to Act

  16. @RamBo-yh3kz

    December 12, 2023 at 11:23 am

    Just change your name to "We dont work".

  17. @Sim_Won

    December 12, 2023 at 11:23 am

    Wedontwork

  18. @GuilleA

    December 12, 2023 at 11:23 am

    Have you ever been to NYC? Office vacancies over 90%

  19. @SovereignMoney

    December 12, 2023 at 11:23 am

    I wish they ipo'd the first time.

  20. @navdeepsingh5801

    December 12, 2023 at 11:23 am

    any hopes on this? Losing significant amounts already…always thought it would make it. Blunder of a management use case.

  21. @caveman4595

    December 12, 2023 at 11:23 am

    Who cares 💀💀💀💀💀💀💀💀💀💀

  22. @lemontadams3029

    December 12, 2023 at 11:23 am

    No shit Sherlock! What took them soo long to admit they were DEAD ON ARRIVAL

  23. @Phlegethon

    December 12, 2023 at 11:23 am

    Lol good

  24. @juliandavidac

    December 12, 2023 at 11:23 am

    We Fail

  25. @danjohnston9037

    December 12, 2023 at 11:23 am

    Given that the floor has dropped out of the office space market
    Which is kind of a fun image actually 😉

  26. @jdingle8885

    December 12, 2023 at 11:23 am

    Softbank still own 80% of wework?

  27. @jdingle8885

    December 12, 2023 at 11:23 am

    Wework should change name to Wehouse. And convert offices to residential spaces. Maybe get government contracts to house migrants.

  28. @aratrex3

    December 12, 2023 at 11:23 am

    Adam newmann is a blackhole for money. Papa bails him out every time!

  29. @seemev2.0phuckbootube78

    December 12, 2023 at 11:23 am

    .APLS 👈 pharma down over nothing panic sell off. Bounced back JP Morgan gives 60 for PT. Discount price MACD 1 month bullish trend, weekly and monthly RSI ice cold. Don't miss this big money play 💵💵💵

  30. @terrie001

    December 12, 2023 at 11:23 am

    Ouch. The party didn’t last very long.

  31. @DonteDiMora

    December 12, 2023 at 11:23 am

    New plan—scrap it all and make them into apartments.

  32. @mckeesk

    December 12, 2023 at 11:23 am

    buy 'em!

  33. @ssuwandi3240

    December 12, 2023 at 11:23 am

    They've been mean with members during the plandemic.. ESG karmas no kidding

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New DeepSeek, Alibaba Models Take On Anthropic, OpenAI | The China Show | 8/3/2026

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“Bloomberg: The China Show” is your definitive source for news and analysis on the world’s second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter.

Chapters:
00:00:00 – Bloomberg: The China Show opens
00:02:28 – Japan confirms joint yen intervention with the US
00:07:52 – How significant is DeepSeek’s V4-Flash AI model upgrade?
00:11:25 – Chinese AI disruption sparks volatility across Asian markets
00:15:04 – US and Iran prepare to resume negotiations
00:27:29 – Hang Lung’s Adriel Chan on the leadership transition from CEO Weber Lo
00:37:09 – Can Tokyo and Washington’s intervention halt the yen’s slide?
00:43:38 – Breaking: RatingDog China’s July PMI misses estimates
00:46:30 – DeepSeek and the yen dominate Asian markets
00:55:31 – Why is DeepSeek’s latest model disrupting the AI trade?
00:58:07 – Artificial Analysis’ Micah Hill-Smith ranks leading US and Chinese AI models
01:14:46 – PBOC signals readiness to adjust monetary policy to support growth
01:15:10 – Huatai Securities Chief Economist Eva Yi on China’s economy
01:26:02 – Macau gaming revenue declines for a second straight month
01:30:40 – Hong Kong records its wettest July in more than three decades
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Intervention Efforts Failing to Turn Tide for Yen – 3-Minutes MLIV

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Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today’s key themes for analysts and investors on “Bloomberg: The Opening Trade.”
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Iran War Update and More: Trump Takes Questions in Oval Office (Full Q&A)

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President Donald Trump said his latest offer of talks is a “last chance” for Iran after he called off what he said was a major attack on the Islamic Republic.  “I want to give them every last chance before decapitation,” Trump told reporters in the Oval Office. “You’ll find out today or tomorrow. I mean, they’re going to go quickly, one way or the other. It’s not very complex.”
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SpaceX Is a Compelling Investment, Gerber Says

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SpaceX reports revenue of $7.8 billion for the second quarter, topping Wall Street estimates. But Elon Musk’s company reported an operating loss of $1.26 billion from its AI business. Ross Gerber of Gerber Kawasaki Wealth and Investment Management says SpaceX is still a compelling stock to own. He speaks on “Bloomberg The Close.”
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Chevron CFO on 2Q Earnings, Growth Plan and Iraq Accord

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Chevron CFO Eimear Bonner discusses the company’s second-quarter earnings and strategy for operating amid the current geopolitical risks with Bloomberg’s Romaine Bostick on “Bloomberg The Close.”
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