Category: Business

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WeWork Reaches a Debt Restructuring Deal With SoftBank

The agreement will reduce the unprofitable office space company’s debt, giving it more financial breathing room.  » mehr lesen

A New Federal Student Loan Program Will Move Millions Toward Forgiveness

The plan aims to fix “historical failures” and will provide debt cancellation to thousands of borrowers, according to the Education Department.  » mehr lesen

Twitter’s Talks Over Licensing Music Are Said to Stall Under Elon Musk

Twitter didn’t move forward with the music licensing deals because of costs, people with knowledge of the matter said.  » mehr lesen

The Cure Says Ticketmaster Will Issue Refunds After Fee Complaints

The band said it wanted to make its North American tour “affordable for all,” but after tickets went on sale this week, fans said that fees had ratcheted up the price.  » mehr...

Justice Dept. Investigating TikTok’s Owner Over Possible Spying on Journalists

The inquiry appears to be tied to an admission by the app’s owner, ByteDance, that employees had inappropriately obtained Americans’ data. The company said it had fired the workers involved.  » mehr lesen

Markets Worry First Republic and Other Banks Remain Under Pressure

The nation’s top lenders banded together to rescue First Republic Bank. But markets worry that regional institutions remain under pressure.  » mehr lesen

Credit Suisse Shares Jump As Banking Backstops Go Global

Credit Suisse secured a $54 billion lifeline from Switzerland’s central bank a day after the lender’s share price hit a record low.  » mehr lesen

T-Mobile to Buy Ryan Reynolds’ Mint Mobile

Mint Mobile, which launched in 2016, is known as a cheaper alternative to expensive mobile plans. The actor Ryan Reynolds purchased an ownership stake in the company in 2019.  » mehr lesen

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