How the once-promising EV maker went bottom-up
Henrik Fisker stands with the Fisker Ocean electric vehicle after it was unveiled at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and AutoMobilityLA on November 16, …
Corporate bankruptcy
WeWork emerges from bankruptcy, announces John Santora as new CEO
A WeWork co-working office space in New York, US, on Tuesday, Nov. 7, 2023. Yuki Iwamura | Bloomberg | Getty Images WeWork, the shared office space company once valued at …
NBA, NHL voice concerns over reorganization
A Bally Sports display is shown in the eighth inning of the game between the MLB’s Houston Astros and Minnesota Twins at Target Field in Minneapolis, Minnesota, on April 9, …
Most customers of crypto firm will get all money back
Sam Bankman-Fried, co-founder of FTX Cryptocurrency Derivatives Exchange, arrives at court in New York, US, on Thursday, Feb. 16, 2023. Yuki Iwamura | Bloomberg | Getty Images Almost all customers …
Neumann makes a $500 million bid for WeWork, could reach $900 million
Adam Neumann, co-founder and former chief executive officer of WeWork. Michael Nagle | Bloomberg | Getty Images Adam Neumann has submitted an unsolicited bid in excess of $500 million to …
Rudy Giuliani should sell $3.5 million Florida condo, creditors claim
Rudy Giuliani, the former personal lawyer for former U.S. President Donald Trump, arrives at the E. Barrett Prettyman U.S. District Courthouse in Washington, D.C., on Dec. 15, 2023. Anna Moneymaker …
Deutsche Bank to file liquidation suit against Chinese developer Shimao, Reuters reports
Deutsche Bank is preparing a liquidation lawsuit in Hong Kong against Chinese developer Shimao Group, two sources said, in a rare move by a foreign firm that comes amid rising …
Evergrande chairman’s second seized Hong Kong mansion put up for sale
China Evergrande Center sign seen on the front of their building. A second mansion in Hong Kong that once belonged to China Evergrande Group’s chairman has been put up for sale …
Trump lawyer Rudy Giuliani raises less than $1 million in legal defense fund
Rudy Giuliani was able to raise less than $1 million from just 13 donors, among them his friends and a group of former President Donald Trump’s allies, to help pay …
Terraform Labs files for bankruptcy protection in the U.S.
PODGORICA, MONTENEGRO – JUNE 16: Do Kwon is taken outside of court on June 16, 2023 in Podgorica, Montenegro. Cryptocurrency TerraUSD and its companion token Luna collapsed in 2022, wiping …