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WeWork is reportedly considering big governance changes in order to rescue its flailing IPO

7 days ago   |   By Business Insider

WeWork is considering making major changes to its governance to boost its appeal to investors ahead of its planned initial public offering, Bloomberg reported.
The company has already made a few changes such as adding a woman to the board. It's unclear what else the company might change, according to Bloomberg.
WeWork's has seen its projected valuation cut from $47 billion to less than $20 billion due to a lack of interest from investors.
Softbank, WeWork's largest outside shareholder, asked the company to delay its IPO process and could face a multi-billion-dollar write-down if the...
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Peloton plans to raise up to $1.3B in IPO

Peloton plans to raise up to $1.3B in IPO

7 days ago   |   By Chron

NEW YORK - The connected exercise machine company Peloton plans to raise as much as $1.3 billion in an initial public offering of stock.
The New York company, known for its stationary bikes that allow users to stream workouts live or on-demand, says it plans to offer 40 million shares. Underwriters will have a 30-day option to buy up to an additional 6 million shares. The stock is expected to be priced in a range of $26 to $29 per share.
Users pay thousands of dollars for Peloton machines and about $40 per month for a subscription. The company also makes high end treadmills that cost more...
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The investment chief at $1.5 trillion Prudential Financial told us which...

The investment chief at $1.5 trillion Prudential Financial told us which sectors she's targeting to beat a stock market that looks 'overbought'

Prudential Financial chief market strategist Quincy Krosby says investors should still be willing to take some risks even though stocks look expensive and trade war fears... Read more ...

Google's parental control software Family Link gains much-needed features

Google's parental control software Family Link gains much-needed features

Google's parental control software, Family Link , is getting a noteworthy update today with the addition of new features that will allow parents to limit screen time per app... Read more ...

Uber will study Dallas as its possible next self-driving car market

Uber will study Dallas as its possible next self-driving car market

Uber Uber plans to study Dallas' streets to potentially roll out self-driving car tests in the Texas city. The company says it will send manual drivers in November to collect... Read more ...

The batch of companies IPOing in 2019 is the least profitable since the tech...

The batch of companies IPOing in 2019 is the least profitable since the tech bubble, Goldman Sachs finds

AP Photo/Richard Drew This year's class of IPOs is expected to be the least profitable of any year since the height of the tech bubble in 1999, according to Goldman Sachs... Read more ...

Job seekers who came out to Amazon Career Day reveal why they braved long...

Job seekers who came out to Amazon Career Day reveal why they braved long, 'haphazard' lines and a crowded tent to hear about working at the e-commerce giant

Thousands of people waited in hour-long lines in Arlington, Virginia, on Tuesday to participate in Amazon Career Day. We spoke with several people in line who expressed a mix... Read more ...

A quarter of millennials say most of their debt is credit cards, not student...

A quarter of millennials say most of their debt is credit cards, not student loans

Millennials who carry debt report owing an average of $27,900 in personal debt. Forty percent of millennials say their biggest source of debt is either credit cards or their... Read more ...

The Wing's cofounder just became the first visibly pregnant CEO featured on...

The Wing's cofounder just became the first visibly pregnant CEO featured on a business magazine cover

Audrey Gelman, the CEO and cofounder of the Wing, became the first visibly pregnant woman to appear on the cover of a business magazine. The 32-year-old decided to appear... Read more ...

Trump's new national security adviser is the hostage negotiator he sent to...

Trump's new national security adviser is the hostage negotiator he sent to Sweden for A$AP Rocky's trial

President Donald Trump on Wednesday said he's planning to name Robert C. O'Brien as national security adviser. O'Brien has served as Trump's top hostage negotiator, and... Read more ...

The 25 highest-paying jobs of 2019

The 25 highest-paying jobs of 2019

Physicians have the highest salaries of 2019, according to a new list compiled by job-posting site Glassdoor . Other healthcare professionals like dentists and nurse... Read more ...

Large CPG companies are under tremendous pressure to keep up with the pace...

Large CPG companies are under tremendous pressure to keep up with the pace of innovation. M&M's and Snickers maker Mars is investing in two accelerator programs to stay ahead

To keep up with innovation, M&M's and Snickers parent company Mars Inc. created two accelerator programs. Launchpad is focused on tech platforms that improve sales and... Read more ...