Adam Neumann

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Noel and Valerie Moran walked away with a €266 million payout for Prepaid Financial Service. Photograph: Alan Betson

It was a year of extremes in the corporate world – financial reward and glory for some; the end of the road for others. And 2019 also saw a cast of fi(...)

Masayoshi Son, chairman and chief executive officer of SoftBank Group. Photograph: Kiyoshi Ota/Bloomberg

SoftBank Group’s talks to secure $3 billion (€2.7bn) from Japan’s three biggest banks have stalled as the lenders have hit internal lending limits to (...)

Unnamed Question Time Audience Member invented the idea of a united Ireland live on BBC Question Time earlier this year

With another year over and a new one soon to begin, here are some noteworthy names that made news this year (inclusion here is not an endorsement exce(...)

SoftBank is bankrolling a near-$10 billion rescue package in an attempt to stabilise the company’s finances.

WeWork’s new chairman Marcelo Claure ripped up the company’s old business model in a staff presentation on Friday and promised that the lossmaking pro(...)

 A new study notes that investors have long been prone to the disposition effect – the tendency to sell winning stocks and hold on to losers. Photograph: iStock

Nobel economist and behavioural finance expert Richard Thaler has long warned that it’s a bad idea to look at your portfolio too often, and a new stud(...)

 A common space at a WeWork location in New York. Photograph: Cole Wilson/The New York Times

Even as WeWork was scrambling to secure a financial bailout last week, Sebastian Gunningham, one of its co-chief executives, made time to oversee the (...)

Japan-based SoftBank has taken control of WeWork in a bailout plan that will see the office-sharing startup’s co-founder Adam Neumann exit the board. Photograph: Timothy A Clary/AFP via Getty Images

Office-sharing startup WeWork is planning to cut as many as 4,000 jobs as a part of a turnaround plan put in place by top shareholder Japan’s SoftBank(...)

WeWork co-founder Adam Neumann will exit the board. Photograph: Timothy A Clary/AFP via Getty Images

WeWork is planning to cut as many as 4,000 jobs as part of an aggressive turnround plan put in place by Japan’s SoftBank after it took control of the (...)

SoftBank’s proposal includes injecting $6.5 billion into WeWork, with $5 billion of that in debt, in a deal that values the company at about $8 billion.

The WeWork board agreed to a multibillion-dollar bailout and investment package from SoftBank on Tuesday, handing control of the cash-strapped company(...)

Sports Direct founder Mike Ashley. Corporate governance concerns have long been an issue at the company. Photograph: Joe Giddens/PA Wire

Unhappy shareholders can voice their disapproval by pressing for change at badly-run companies. But what happens if chief executives don’t care? Corpo(...)

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