Corporate organizational restructuring
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Business
WeWork, Once Valued at $47 Billion, Files for Bankruptcy
Updated Nov. 7, 2023 9:20 am ET WeWork filed for bankruptcy, capping the flexible-office-space venture’s remarkable collapse after once being…
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Business
Rivian moves more engineers near Illinois electric vehicle plant to speed up production
WSJ Exclusive News Automotive industry EV startup concentrates more workforce to make assembly lines run faster
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Business
Debt exchange Lumen shows company plans ‘against it’ amid investor doubts
Lumen Technologies Inc. is offering a debt swap that one analyst sees as management’s attempt to “fight it” amid growing…
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Business
Novavax shares drop by a quarter in value as vaccine maker’s business faces ‘significant doubt’
Shares of Novavax Inc. sank in extended trading on Tuesday after the biotech drugmaker posted more than double losses than…
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Business
Morning retailer to close more than half of stores after bankruptcy
Struggling discount home goods retailer Tuesday Morning Corp. will close more than half of its locations nationwide after filing for…
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Business
Bed Bath & Beyond closes bankrupt Canadian stores
The Canadian division of Bed Bath & Beyond Inc. will close its stores under court protection after the company receives…
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Business
Exxon plans to cut costs, reorganize units after record profits
Business Historic annual profit in 2022 doesn’t slow the oil company’s multi-year drive to consolidate its business
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Business
J&J faces longer road to settlement of talc lawsuits after appellate court defeat
Business Health care Health The company could face years of lawsuits in federal and state courts alleging baby powder causes…
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