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WeWork files for bankruptcy

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Posted By: Dreadnought, 11/6/2023 10:50:40 PM

New York - WeWork, the beleaguered coworking startup, has filed for bankruptcy protections in federal court. The chaper 11 bankruptcy announcement caps a stunning downfall for the once-high-flying, SoftBank-backed venture, which was privately valued at some $47 billion at its peak. “Now is the time for us to pull the future forward by aggressively addressing our legacy leases and dramatically improving our balance sheet,” said David Tolley, WeWork CEO, in a news release. “We remain committed to investing in our products, services, and world-class team of employees to support our community.”

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Reply 1 - Posted by: DVC 11/6/2023 11:45:51 PM (No. 1593429)
Promised to revolutionize the workplace... with, among other things free flowing craft beer. Sounds like a scam to me...with a big golden parachute for the scammer.
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Most Recent Articles posted by "Dreadnought"
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Most Recent Articles posted by Dreadnought"
House censures Rep. Rashida Tlaib amid
bipartisan backlash over Israel comments
0 replies
Posted by Dreadnought 11/7/2023 11:13:26 PM Post Reply
Washington — The House voted to censure Democratic Rep. Rashida Tlaib, the only Palestinian American in Congress, after her defense of a rallying cry that is widely regarded as calling for the elimination of Israel. The censure resolution introduced by Georgia Rep. Rich McCormick condemns the Michigan Democrat for "promoting false narratives" around the Oct. 7 terrorist attack by Hamas on Israel and "calling for the destruction of the state of Israel." The House passed the measure late Tuesday by a vote of 234 to 188, with 22 Democrats joining all but 4 Republicans voting in favor of her censure. Four members voted present.
Ohio Voters Approve Radical Amendment
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19 replies
Posted by Dreadnought 11/7/2023 9:21:43 PM Post Reply
Ohio voters approved a ballot measure Tuesday night that will effectively outlaw any restrictions on abortion and other procedures that involve reproduction, including gender-transition surgeries. The measure, known as Issue 1, will also remove parental-consent and notification requirements for minors who undergo the procedures. The amendment includes vague language about prohibiting any law that “directly or indirectly” would “burden” or “interfere” with “reproductive decisions.” Opponents of the measure argue it would also outlaw nearly any restrictions on abortion or other reproduction-related procedures,
Kentucky's incumbent Democratic Gov. Andy
Beshear reelected, CBS News projects
2 replies
Posted by Dreadnought 11/7/2023 9:19:39 PM Post Reply
CBS News projects that Kentucky Gov. Andy Beshear has been reelected to a second term, defeating the state's Republican Attorney General Daniel Cameron. Beshear has been a popular governor, with broad approval of his handling of the pandemic and natural disasters in the state. Cameron tried to tie Beshear to President Biden, who is unpopular in the state. Trump won Kentucky by 26 points in 2020, so Beshear had to make inroads with Trump voters and ensure voters in Democratic districts, including the cities of Louisville and Lexington and the Cincinnati suburbs in northern Kentucky.
UPenn Alerts FBI to Antisemitic Threats
Against Campus Community
3 replies
Posted by Dreadnought 11/7/2023 9:16:45 PM Post Reply
The FBI has been alerted about a series of threatening antisemitic emails sent to University of Pennsylvania staff. The agency is working with university police, according to UPenn President Liz Magill. Magill sent a letter to the UPenn community explaining that she learned that some university staff received “vile, disturbing antisemitic emails threatening violence against members of our Jewish community, specifically naming Penn Hillel and Lauder College House.” The messages targeted the personal identities of the recipients. Fortunately, no credible threats were found. Police conducted safety sweeps of Penn Hillel, an on-campus Jewish organization, and Lauder College House, an on-campus dorm named for the family of
UMass Condemns Islamophobia After Jewish
Student Assaulted on Campus
1 reply
Posted by Dreadnought 11/7/2023 9:12:18 PM Post Reply
A Jewish student was assaulted in an antisemitic attack at the campus of the University of Massachusetts in Amherst (my parents taught there in the 1980s and 90s, and it is in contention for the ugliest campus in America). He was attending a vigil for the Israeli hostages held by Hamas when an aggressive student began harassing attendees. After the vigil was over the aggressor punched the other student, spit on the Israeli flag, and was subsequently arrested. The arrestee is out on bail and is barred from entering the campus. At least that much has happened. The UMass administration condemned the assailant’s conduct as “reprehensible, illegal, and unacceptable”
House advances censure resolution against
Rep. Rashida Tlaib amid bipartisan backlash
over Israel comments
3 replies
Posted by Dreadnought 11/7/2023 3:59:15 PM Post Reply
Washington — Democratic Rep. Rashida Tlaib of Michigan appears headed for censure by the House after a number of Republicans pulled their opposition to a formal reprimand following her latest controversial comments on Israel. The House voted Tuesday to advance the first of two resolutions to formally punish the Michigan Democrat for a laundry list of remarks she's made about Israel. The vote on a motion to table, or kill, the resolution was 213 opposed to 208 in favor. Six Republicans joined all but one Democrat in voting to block the measure introduced by Georgia Rep. Rich McCormick.
UNRWA Staffers, Teachers Celebrated Hamas
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6 replies
Posted by Dreadnought 11/7/2023 3:44:54 PM Post Reply
A group of at least 20 staffers and teachers affiliated with the U.N. Rights and Work Agency (UNRWA), a Palestinian aid organization, celebrated the Hamas slaughter of Israeli civilians following its surprise invasion, a new report from UN Watch found. Shortly after thousands of Hamas terrorists flooded across the Israeli-Gaza border on October 7, massacring, raping, and torturing civilians, UNRWA staffers and affiliated teachers took to social media to celebrate the atrocities as a justified response to Israeli aggression, UN Watch revealed in a report released Monday entitled, “UNRWA: Hate Starts Here.”
Israel Shoots Down Ballistic Missile Fired
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6 replies
Posted by Dreadnought 11/7/2023 3:34:55 PM Post Reply
On Monday, Israel shot down a ballistic missile in flight outside of the Earth's atmosphere. This marks a historical first time that an anti-ballistic missile has successfully intercepted a target in space during combat. The missile was fired by Houthi rebels in Yemen and was targeting Israel. The Israel Defense Forces (IDF) used their Arrow anti-ballistic missile defense system, which is a joint American-Israeli project first deployed in Israel over 20 years ago. While the Israel Defence Forces (IDF) has released few details about the interception, the Air Force is known to operate several batteries of the Arrow 2 system, which uses a hypersonic interceptor to take out
Newborn syphilis cases have reached 'dire
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8 replies
Posted by Dreadnought 11/7/2023 1:28:31 PM Post Reply
Newborn syphilis cases, which can be fatal, have risen more than 10-fold in the last decade and nearly 32% in a single year, according to a report from the Centers for Disease Control and Prevention (CDC) released Tuesday. The CDC said that cases have reached “dire levels” in the U.S. More than 3,700 cases were reported to the agency in 2022, up from 2,855 in 2021 and 335 cases in 2012. Syphilis is a sexually transmitted infection caused by bacteria that can linger in the body for many years. If untreated, symptoms may disappear temporarily, but the infection can become active again months or years later. Late-stage
Trump 'stands alone in American history'
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18 replies
Posted by Dreadnought 11/7/2023 12:27:32 PM Post Reply
Special counsel Jack Smith's team filed a lengthy response Monday to former President Donald Trump's motions to dismiss his federal election interference case on statutory and constitutional grounds, saying the former president "stands alone in American history for his alleged crimes." Trump's lawyers have filed multiple motions to dismiss the Jan. 6 case, including mounting arguments that the charges brought against him were unconstitutionally applied and ran afoul of the charging statutes. Trump in August pleaded not guilty to charges of undertaking a "criminal scheme" to overturn the results of the 2020 election by enlisting a slate of so-called "fake electors," using the Justice Department to conduct "sham election crime investigations,"
Israel to maintain security control in
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13 replies
Posted by Dreadnought 11/7/2023 9:44:53 AM Post Reply
Israel will have “security responsibility” over the Gaza Strip for some time after its war against Hamas ends, Prime Minister Benjamin Netanyahu said in an interview aired Monday night. How Israel intends to handle Gaza’s postwar future remains an open and burning question as Israeli forces push deeper into the enclave amid a campaign to eliminate the Hamas terror group, which has ruled the Strip for over 15 years. “I think Israel will for an indefinite period have security responsibility,” Netanyahu told ABC News. “We’ve seen what happens when we don’t have that… security responsibility, what we have is the eruption of Hamas terror on a scale that we couldn’t imagine.”
German Chancellor, Governors Agree to
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3 replies
Posted by Dreadnought 11/7/2023 9:25:37 AM Post Reply
BERLIN – New, stricter measures to curb the high number of migrants coming to Germany were agreed by Chancellor Olaf Scholz and the 16 state governors in the early hours of Tuesday, reaching a compromise on an issue that has become a huge political problem for the government and a hot-button topic in society. The new measures include speeding up asylum procedures, benefit restrictions for asylum seekers and more financial aid from the federal government for the states and local communities dealing with the influx. Speaking early Tuesday after an overnight meeting that lasted several hours, Scholz called the agreement “a historical moment”
Most Active Articles (last 48 hours)
American Jews on the Left Are Just Shocked
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30 replies
Posted by Dreadnought 11/7/2023 12:46:09 AM Post Reply
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26 replies
Posted by ladydawgfan 11/6/2023 12:56:33 AM Post Reply
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Posted by Imright 11/6/2023 2:13:08 AM Post Reply
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Trump and allies plot revenge, Justice
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24 replies
Posted by ronbet 11/6/2023 11:18:44 AM Post Reply
Donald Trump and his allies have begun mapping out specific plans for using the federal government to punish critics and opponents should he win a second term, with the former president naming individuals he wants to investigate or prosecute and his associates drafting plans to potentially invoke the Insurrection Act on his first day in office to allow him to deploy the military against civil demonstrations.
BREAKING: Manifesto of trans Nashville
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23 replies
Posted by Beardo 11/6/2023 11:54:55 AM Post Reply
A leaked manifesto reveals the Nashville trans school shooter had a violent hatred of the “little crackers” with “white privilege” that were murdered. (snip) Hale later prayed to God in the manifesto to help her in the mass shooting. "(God let my wrath take over my anxiety) It might be 10 minutes tops. It might be 3-7. It's gonna go quick," Hale wrote. "I hope I have a high death count." (snip) In one of the pages headlined, "Kill those kids!!!,” Hale calls the students “crackers” and expresses hatred for their “white privilege.”
Barack Obama Backs Joe Biden as Other
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23 replies
Posted by Imright 11/6/2023 2:09:29 AM Post Reply
Former President Barack Obama came out swinging in favor of Joe Biden this weekend despite the fact that Democrats have begun to sour on his 2024 candidacy. In a post on X, Obama shared a video of Joe Biden celebrating the 15-year anniversary of their 2008 victory — the night Barack Obama became the first black president with Joe Biden as his vice president.“For eight years, [Biden] and I worked to deliver change for the American people. I couldn’t have asked for a better Vice President and friend — and we’ll always be thankful to all the campaign staff and Administration alumni who helped bring that progress to folks
Claim: Biden Refused to Sell Weapons to
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21 replies
Posted by Imright 11/7/2023 7:39:22 AM Post Reply
The Biden administration reportedly would not sell weapons to Israel unless the country guaranteed that guns would not be given to civilians. In other words, they are now trying to force their gun control desires into foreign policy issues. As many people have pointed out, a large portion of the Israeli’s who died in the October 7th attack were not armed, which made the situation much worse than it could have been. The Washington Free Beacon reports:
AMA Considers Endorsing Killing Patients
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21 replies
Posted by Harlowe 11/7/2023 12:54:04 AM Post Reply
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Ohio Voters Approve Radical Amendment
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19 replies
Posted by Dreadnought 11/7/2023 9:21:43 PM Post Reply
Ohio voters approved a ballot measure Tuesday night that will effectively outlaw any restrictions on abortion and other procedures that involve reproduction, including gender-transition surgeries. The measure, known as Issue 1, will also remove parental-consent and notification requirements for minors who undergo the procedures. The amendment includes vague language about prohibiting any law that “directly or indirectly” would “burden” or “interfere” with “reproductive decisions.” Opponents of the measure argue it would also outlaw nearly any restrictions on abortion or other reproduction-related procedures,
Leslie Jones Admits She Thought the Electoral
College Was a Real School
19 replies
Posted by Imright 11/6/2023 4:35:12 PM Post Reply
ABC’s The View has never been a place for smart and informed discussions about politics. And that certainly wasn’t the case on Monday’s episode when Daily Show guest host and so-called “comedian” Leslie Jones openly admitted that before she joined Saturday Night Live in 2014, she seriously thought the Electoral College was a real place where politicians went to school. In 2014, Jones was 47 years old. Appearing on The View to promote her new book, the cast heaped obsequious praise on their guest. “And you don't shy away from politics.
Trump 'stands alone in American history'
for alleged election crimes: Special counsel
18 replies
Posted by Dreadnought 11/7/2023 12:27:32 PM Post Reply
Special counsel Jack Smith's team filed a lengthy response Monday to former President Donald Trump's motions to dismiss his federal election interference case on statutory and constitutional grounds, saying the former president "stands alone in American history for his alleged crimes." Trump's lawyers have filed multiple motions to dismiss the Jan. 6 case, including mounting arguments that the charges brought against him were unconstitutionally applied and ran afoul of the charging statutes. Trump in August pleaded not guilty to charges of undertaking a "criminal scheme" to overturn the results of the 2020 election by enlisting a slate of so-called "fake electors," using the Justice Department to conduct "sham election crime investigations,"
Three reasons Trump is leading Biden 18 replies
Posted by Moritz55 11/6/2023 6:04:13 PM Post Reply
The entire Democratic political establishment freaked out on Sunday morning when the New York Times published a story headlined, "Trump Leads in 5 Critical States as Voters Blast Biden, Times/Sienna Poll Finds." The story was based on a new survey in which voters in six key swing states — Georgia, Arizona, Pennsylvania, Michigan, Wisconsin, and Nevada — were asked whether they supported President Joe Biden or former President Donald Trump in a 2024 matchup. The result: In five of those states, all except Wisconsin, Trump led Biden. The poll found Trump leading by 10 points in Nevada, by 6 in Georgia, 5 in Arizona and Michigan, and 4 in Pennsylvania
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