Office-sharing firm WeWork posted a smaller third-quarter loss as a rebound in demand for office space boosted corporate and individual memberships
on Monday reported a smaller loss in its first quarterly result since going public last month, as a rebound in demand for office space due to easing COVID-19 related restrictions helped boost occupancy.
The pandemic has also prompted many companies to adopt a more hybrid model, where employees have the flexibility to work from offices, co-working spaces, public areas and home, partly helping Softbank-backed WeWork. The company has attempted to cut losses by exiting unprofitable leases and selling non-core assets, after finally succeeding in going public through a merger with a blank-check firm in a $9-billion deal.
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Disney’s 'Eternals' tops domestic box office for 2nd weekendDisney and Marvel’s “Eternals” took a steep drop in its second weekend in theaters, but it’s still hanging on to first place ahead of newcomers like “Clifford the Big Red Dog.” “Eternals” added $27.5 million over the weekend, bringing its domestic total to $118.8 million, according to studio estimates Sunday.
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Who is Sara Duterte, the Philippine president’s daughter running for office?Confirming the country’s worst kept secret, Sara Duterte says she will run in next May's election. Not for president, as expected, but for vice-president
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