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10 things you need to know before the opening bell

8 monthes ago   |   By Business Insider

Here is what you need to know.
1. Adam Neumann's $1.7 billion golden parachute could be slashed as SoftBank looks to trim its WeWork rescue deal. Some SoftBank executives have said the WeWork cofounder and former CEO's leaving package is too generous, Bloomberg reported.
2. The OECD charted how hard Trump's trade war is hammering global growth. "Escalating conflict over tariffs... has hit trade, is undermining business investment, and is putting jobs at risk," the OECD said. Global GDP is set to plunge to 2.9% in 2019.
3. Uber's former CEO Travis Kalanick dumped his stock again - his...
Read more ...

 

10 things you need to know before the opening bell

10 things you need to know before the opening bell

8 monthes ago   |   By Business Insider

Here is what you need to know.
1. Adam Neumann's $1.7 billion golden parachute could be slashed as SoftBank looks to trim its WeWork rescue deal. Some SoftBank executives have said the WeWork cofounder and former CEO's leaving package is too generous, Bloomberg reported.
2. The OECD charted how hard Trump's trade war is hammering global growth. "Escalating conflict over tariffs... has hit trade, is undermining business investment, and is putting jobs at risk," the OECD said. Global GDP is set to plunge to 2.9% in 2019.
3. Uber's former CEO Travis Kalanick dumped his stock again - his...
Read more ...

 

Adam Neumann's $1.7 billion golden parachute could be slashed as SoftBank looks to trim its WeWork rescue deal

Adam Neumann's $1.7 billion golden parachute could be slashed as SoftBank looks to trim its WeWork rescue deal

8 monthes ago   |   By Business Insider

Adam Neumann's $1.7 billion golden parachute could be slashed as SoftBank bosses seek to trim the $9.5 billion rescue deal they struck with WeWork last month, according to Bloomberg .
Some SoftBank executives have said Neumann's leaving package - which reportedly includes $970 million from stock sales to SoftBank, a $500 million credit line, and $185 million in consultancy fees over four years - is too generous.
WeWork laid off 2,400 people or about 20% of its global workforce this week, and a former WeWork employee is also suing over Neumann's departure deal.
For more WeWork stories on...
Read more ...

 

Adam Neumann's $1.7 billion golden parachute could be slashed as SoftBank looks to trim its WeWork rescue deal

Adam Neumann's $1.7 billion golden parachute could be slashed as SoftBank looks to trim its WeWork rescue deal

8 monthes ago   |   By Business Insider

Adam Neumann's $1.7 billion golden parachute could be slashed down to size as SoftBank bosses seek to trim the $9.5 billion rescue deal they struck with WeWork last month, according to Bloomberg .
Some SoftBank executives have said Neumann's leaving package - which reportedly includes $970 million from stock sales to SoftBank, a $500 million credit line, and $185 million in consultancy fees over four years - is too generous.
WeWork laid off 2,400 people or about 20% of its global workforce this week, and a former WeWork employee is also suing over Neumann's departure deal.
For more WeWork...
Read more ...

 


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