October 2019
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57 articles published


WeWork throws in the towel on its ill-fated IPO

Business Oct 1, 2019

WeWork throws in the towel on its ill-fated IPO

WeWork's parent, The We Co., said Monday it will file to withdraw its initial public offering, a week after the SoftBank-backed office-sharing startup ousted founder Adam Neumann as its chief executive officer. The withdrawal of its IPO prospectus formalizes the end of the New York-based ...

Saudi Aramco reports output fully restored after attacks

Business Oct 1, 2019

Saudi Aramco reports output fully restored after attacks

Saudi Aramco is producing more than 9.9 million barrels of crude a day as it fully recovers from the worst-ever attacks on its energy infrastructure. Output reached that level Sept. 25 and is a "little bit" higher now, Ibrahim Al-Buainain, chief executive officer of state-owned ...

Boeing unveils revamp to deepen safety focus after 737 Max crashes

Business Oct 1, 2019

Boeing unveils revamp to deepen safety focus after 737 Max crashes

Boeing Co. Chief Executive Officer Dennis Muilenburg unveiled a structural overhaul intended to sharpen the plane-maker's focus on safety after two accidents of its 737 Max killed 346 people within a five-month span. Acting on a recommendation from the board, Muilenburg is creating a new ...

Japan national team announces 28-man roster team for Premier12

Baseball Oct 1, 2019

Japan national team announces 28-man roster team for Premier12

Yomiuri Giants captain Hayato Sakamoto was among the 28 players named Tuesday to the Japan national team for the upcoming Premier12, an international baseball event that doubles as a qualifier for the 2020 Tokyo Olympics. Sakamoto and four Giants teammates headline the roster for the ...