WeWork board backs takeover by SoftBank

WeWork board backs takeover by SoftBank

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The WeWork board agreed to a multibillion-dollar bailout and investment package from SoftBank on Tuesday, handing control of the cash-strapped company to the Japanese telecoms-to-technology group and releasing it from the grip of its co-founder Adam Neumann, according to people briefed on the matter. SoftBank, which was already WeWork’s largest backer, is to pump billions […]

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War creates new uncertainty for migrants in Libya By Reuters

War creates new uncertainty for migrants in Libya By Reuters

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By Aidan Lewis TRIPOLI (Reuters) – After three days at sea trying to reach Europe, Demba Dembele was intercepted by Libya’s EU-backed coastguard and returned to Tripoli – where, like dozens of other migrants, he got in a taxi and set off into the city. For years, migrants sent back to Libya have been routinely transferred to government-affiliated detention centers […]

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Democrats seek insider trading probe after Vanity Fair ‘Trump chaos’ article

Democrats seek insider trading probe after Vanity Fair ‘Trump chaos’ article

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Democratic lawmakers are increasingly demanding that U.S. authorities investigate allegations raised in a recent magazine article that traders might be using non-public government information to reap huge illegal profits, even as the exchange where the transactions purportedly took place called the story “patently false.” In a Monday letter, 14 Democratic senators urged the heads of […]

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SeaWorld plans Sesame Street-based theme park near San Diego

SeaWorld plans Sesame Street-based theme park near San Diego

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Elmo, Big Bird, Cookie Monster and the rest of the “Sesame Street” gang will be putting down new roots in Southern California in 2021: SeaWorld Entertainment Inc. plans to turn its Aquatica water slide venue in Chula Vista into a new Sesame Place theme park. Orlando, Fla.-based SeaWorld and Sesame Workshop, the educational nonprofit behind […]

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