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Financial Times – SoftBank pays $1.5bn to WeWork’s banks days before bankruptcy filings
The Financial Times says SoftBank was forced to wire $1.5bn to Goldman Sachs and other lenders just days before WeWork filed for bankruptcy, as the cost of one of the worst venture capital investments in history mounts for the Japanese group.
The paper says the payment takes the total that SoftBank has committed to WeWork to more than $16bn since an initial investment in 2017, a move it says has proved “one of the worst venture capital investments in history”.
The front page features an image of Gazans fleeing their homes as Israel advances.
Robert De Niro’s company must pay $1,260,000 to ex-assistant for gender discrimination
November 9, 2023
10:57 pm
Although not personally liable, the Hollywood star’s company must pay out.
Motorcyclist disqualified after filming himself doing wheelies and speeding at 150mph
November 9, 2023
10:52 pm
His own footage was used against him.
‘Tone deaf’ Big Brother star ripped apart for declaring his love for Boris Johnson
November 9, 2023
10:52 pm
Viewers were seething.
Coronation Street spoilers: Struggling Amy arrested at date rape protest
November 9, 2023
10:00 pm
Amy lashes out.
‘Wow!’ – Jurgen Klopp fumes at noisy press conference after Liverpool lose in Toulouse
November 9, 2023
9:52 pm
‘Who had the idea to do the press conference here?’
Emmerdale spoilers: Brenda stunned as Eric reveals Parkinson’s diagnosis
November 9, 2023
8:25 pm
Eric has to tell her…
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