Tag Archives: We Work

Your Daily Dose of Financial News

BY: Michael D. Reif | April 30, 2019

Shared workspace giant We Work is joining the growing wave of major start-ups planning to go public this year. And like many of its unicorn peers (as we’ve documented), the company “shows no sign of turning a profit anytime soon” – NYTimes and WSJ and Bloomberg and MarketWatch and Law360 The Labor Department on Monday … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | November 14, 2018

British and EU negotiators have reached a draft Brexit deal that PM May now needs to sell to her “deeply divided” cabinet. Not that her challenges would end there, mind you, as any deal would then face a skeptical Parliament in which “her Conservative Party doesn’t command a majority in the House of Commons and … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | October 10, 2018

Dealbook gives us this uncomfortable take on China’s “nuclear option” in the trade war with the United States—its holdings of more than $1 trillion in US foreign debt and the possibility of stepping back from buying (or even dumping) US Treasuries on the open market – NYTimes [Brief, bloggy counterpoint here – CEPR] Meanwhile, at … Continue reading