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News

Wall Street Journal - Sept. 1

Sept 1 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Bed Bath & Beyond Inc BBBY.O said it would close roughly 20% of its namesake stores, cut its workforce and bring in fresh cash to stabilize the business through the holiday season as it confronts plunging sales.
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Wall Street Journal - Aug 26

Aug 26 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - SpaceX and T-Mobile US Inc TMUS.O said they plan to work together to use the rocket company's satellites to provide connections to T-Mobile cellphones across the United States even in remote areas with no current wireless service.
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SoftBank steps up asset sales from sinking portfolio

By Sam Nussey TOKYO, Aug 9 (Reuters) - SoftBank Group Corp 9984.T is accelerating asset sales after its flagship Vision Fund unit booked nearly $50 billion in losses in just six months, but Chief Executive Masayoshi Son faces narrowing options and slumping valuations, analysts said. Son said on Monday that he is in discussions to sell asset manager Fortress, without commenting on a valuation.
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SoftBank steps up asset sales from sinking portfolio

By Sam Nussey TOKYO, Aug 9 (Reuters) - SoftBank Group Corp 9984.T is accelerating asset sales after its flagship Vision Fund unit booked nearly $50 billion in losses in just six months, but Chief Executive Masayoshi Son faces narrowing options and slumping valuations, analysts said. Son said on Monday that he is in discussions to sell asset manager Fortress, without commenting on a valuation.
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