Could WeWork become public at 50% evaluation?

[ad_1] Yesterday, the the Wall Street newspaper indicated that WeWork was seeking to reduce its valuation by more than 50% in order to facilitate its IPO. More recently, WeWork (The We Company) reached a private value of $ 47 billion in January when Masayoshi Son's SoftBank invested in the company. Over the years, SoftBank has … Read more

Could Trump's privatization plan for Fannie Mae remove the 30-year mortgage?

[ad_1] The Trump administration unveiled Thursday its long-awaited plan to recapitalize Fannie Mae and Freddie Mac, the government-backed mortgage giants responsible for much of the $ 5 trillion mortgage industry. dollars, with a potentially profound impact for millions of future buyers. After spending $ 187 billion to bail out Fannie Mae and Freddie Mac during … Read more

Starbucks to open the world's largest site in Chicago

[ad_1] On November 15, Starbucks fanatics found new meaning in the heart of Chicago's Magnificent Mile. This is where the company will open the world's largest Roastery, which will span four floors and cover an area of ​​approximately 43,000 square feet. The Chicago Reserve Roastery is designed to "give life to artisanal coffee by providing … Read more

WeWork excessively overestimates market opportunities, say experts

[ad_1] WeWork would be hard pressed to convince investors that it was better than the $ 47 billion value it had obtained during its last round of private financing. Here is another reason why they should be skeptical: the company has probably greatly overestimated its potential market. According to WeWork, in its recently issued initial … Read more

Wall Street beats profits after economic recovery plan in China

[ad_1] By Uday Sampath Kumar (Reuters) – US stocks edged up on Friday as China's stimulus plan helped dispel some global growth concerns as investors digested disappointing data on employment, which spanned a week of economic signals. mixed. The Chinese central bank announced that it would reduce the amount of cash that banks must hold … Read more

Tesla Model 3 Performance takes up the challenge of Porsche's 0-90-0 mph aircraft carriers

[ad_1] A few days before the official Porsche Taycan unveiling ceremony, the German automaker launched a video demonstrating the impressive speed capabilities of the all-electric new sports car on a very special "circuit" for the occasion. The US aircraft carrier USS Hornet was the host of a test of acceleration and braking at 0-90-0 mph, … Read more