Share to facebook Share to twitter Share to linkedin The WeWork saga could finally be over. Getty Images Topline: After months of uncertainty surrounding WeWork’s meteoric rise and fall, the company will now fall to an $8 billion valuation after it accepted a bailout offer from its largest shareholder, Japanese investing conglomerate SoftBank, CNBC first
[embedded content] [The stream is slated to begin at 12 p.m. ET. Please refresh the page if you do not see the player above at that time.] Two women made history on Friday, spending hours working outside the International Space Station and completing the first all-female spacewalk. Still on board the space station, NASA astronauts
Various Halliburton equipment being stored at the equipment yard in Alvarado, Texas. Cooper Neill | Reuters Halliburton reported a 32% slump in quarterly profit on Monday, hit by weak demand for its services and equipment from oil and gas producers in North America, its biggest market. Revenue from North America fell 21% in the third
Traders work at the Coty booth on the floor of the New York Stock Exchange. Jin Lee | Bloomberg | Getty Images Check out the companies making headlines midday Monday: Coty — Coty shares surged 13.5% after the beauty-products maker announced the potential sale of the company’s professional and Brazil units. CEO Pierre Laubies said
Kzenon | Getty Images If Amazon CEO Jeff Bezos were to unexpectedly die today, Washington state could expect an estate tax windfall of nearly $12 billion, raising its total annual revenue by more than 50% for a single year. That’s according to a new study on the costs and benefits of an estate tax to