This story is adapted from Wall Street Journal reporters Maureen Farrell and Eliot Brown's new book, "The Cult of We: WeWork, Adam Neumann, and the Great Startup Delusion," available July 20, from Cro

With its proposed reform of the EU Emissions Trading Scheme (EU ETS), the European Commission is bringing carbon pricing policies to new areas such as shipping, road transport, and buildings. However,

After much deliberation over whether spectators would be allowed, a new COVID-19 state of emergency in Japan sealed the deal: this year’s Olympic Games will have no domestic or foreign spectators. Des

JP Morgan CEO Jamie Dimon. Photo: Michel Euler/AFP via Getty Images Wall Street's richest boss has just got a little richer. JPMorgan (JPM) has handed chief executive Jamie Dimon a multi-million dol

Netflix has recently announced a number of moves in order to aid its transition, such as hiring Mike Verdu who used to work for gaming company Electronic Arts (EA) as its vice president of game develo

Tech billionaires are jockeying over their jaunts into space — but who's really paying for their trips? Billions in pandemic-fueled dollars enabled Blue Origin's suborbital trip Tuesday, the spacefli

Netflix said its revenue growth this past quarter came from an 11% increase in average paid streaming memberships and 8% growth in average revenue per membership. "COVID has created some lumpiness in

Square is launching a new free banking service on Tuesday that connects to the payment and point-of-sale products the company already offers to small businesses. Square Banking combines checking accou

Summary Asian stock markets: https://tmsnrt.rs/2zpUAr4 Global asset performance http://tmsnrt.rs/2yaDPgn World FX rates http://tmsnrt.rs/2egbfVh HONG KONG, July 20 (Reuters) - Asian stocks widened

Former Enron CEO Jeffrey Skilling’s stealth energy investment venture has launched, two people familiar with the matter said this week, staffed with former McKinsey & Co. consultants like himself and

The decision by Ben & Jerry’s to stop selling its ice-cream products in the Israeli-occupied West Bank and East Jerusalem has been met with fierce criticism from the Israeli political establishment, i

Carnival Corporation & plc, the world’s largest cruise company, has announced that it expects to resume guest cruise operations with 65 per cent of its total fleet capacity by the end of 2021 across e

Never before in history has remote work mattered as much as it does today. Technology has made remote work possible. A pandemic made it necessary. The remote workforce is booming as a result of histor

Britain’s digital finance industry, more commonly known as the fintech sector, has hit a multibillion-pound peak of investor interest. Banking app Revolut confirmed last week that it had raised anoth

Amid the COVID-19 pandemic, the closure of grocery stores and breakdown in the supply chain left many farmers struggling to sell their farm produce in many countries. The lockdown restrictions imposed

Some Apple employees disagreed and in an internal letter said the plans made workers "choose between either a combination of our families, our wellbeing, and being empowered to do our best work, or be

A common question most eCommerce business owners wake up to every day: how to grow my eCommerce business? One search on the internet and you’ll find tons of content around growing an eCommerce busi

Mobile games company Scopely has invested $50 million across European game studios Omnidrone, Pixel Toys and Tag Games, based in Spain, England and Scotland respectively. Scopely will work with the O

The front facade of the New York Stock Exchange (NYSE) is seen in New York City, U.S., March 29, 2021. REUTERS/Brendan McDermid Summary Spike in virus cases hit travel, recovery-linked stocks Five9

A jury in federal court in Wisconsin ordered Walmart to pay $125m in punitive damages to a former employee with Down’s syndrome in a disability discrimination lawsuit, US employment officials announce

Up until today, the acquisition of 10% of Universal Music Group by a US-based SPAC (Special Purpose Acquisition Company) run by billionaire Bill Ackman looked like a foregone conclusion. Last month,

U.S. stocks fell aggressively Monday on concerns that a rebound in Covid-19 cases would slow global economic growth. The Dow dropped 900 points, exceeding January's 2 percent decline, while the S&P 5

"The pandemic is not yet overcome, but we are seeing that thanks to vaccination all over the world, demand for our production is recovering as is the use of cars and air planes," he said.

Shoppers walk in front of a Walmart store in San Leandro, California, U.S., on Thursday, May 13, 2021. A Wisconsin federal court jury ruled that Walmart must pay more than $125 million in damages in

Eric Yuan, founder and chief executive officer of Zoom Video Communications Inc., center, reacts while ringing the opening bell during the company's initial public offering (IPO) at the Nasdaq MarketS

Berkeley; Calif. -- A new restaurant has opened in Alameda County that is unlike another restaurant.The Bao House is the first home restaurant to open in Berkeley.Under new law, AB 626, microenterpris

Private equity funds are almost never liable for the misdeeds or financial responsibilities of their portfolio companies, because of how such deals are structured. In the case of for-profit college in

Hi guys, I'm an Italian boy, and I'm 18. I would like to build a Shopify store because I have a particular business in mind. By the way I'm really confused about what I should "fiscally" do. I mean

Farmers squeezed ... and desperate America’s farmers have become increasingly dependent on government aid. Farmers received $424.4bn in subsidies between 1995 and 2020, of which 49% were for just th

Netflix appears poised to enter the gaming arena, after it announced earlier this week that it had hired ex-EA executive Mike Verdu to lead its expansion into the lucrative sector. While this could, p

The logo of cryptocurrency exchange Binance displayed on a smartphone with the word "cancelled" on a computer screen in the background. Budrul Chukrut | SOPA Images | LightRocket via Getty Images Bin

Netflix has not been shy about its desire to jump into the video games space, recently announcing that the streaming giant will be expanding to make game content as well as movies and TV for its platf

The Luxottica name is reflected in a pair of sunglasses in this photo illustration taken in Rome February 4, 2016. REUTERS/Alessandro Bianchi/ MILAN, July 15 (Reuters) - U.S. and international unions

This week, Subway introduced the biggest changes in years to the company's menu. It wanted to give away 1 million subs to celebrate, but some operators called the event a flop. Subway told Insider t

Summary Retail sales increase 0.6% in June; May revised lower Core retail sales rise 1.1%; May revised down Consumer sentiment ebbs in early July WASHINGTON, July 16 (Reuters) - U.S. retail sales u

WASHINGTON – The Food Safety and Inspection Service (FSIS) of the US Dept. of Agriculture updated the major recall by Tyson Foods on July 13 to include additional products produced by other establishm