Venture capital

WeWork files for bankruptcy
Barbara Terrio
The WeWork logo is displayed outside of a shared commercial office space building in Los Angeles, California on August 8, ...

Hertz pulls back on EV plans citing Tesla price cuts, repair costs
Barbara Terrio
Tesla Model 3 electric vehicles at a Hertz airport location. Photo by E.R. Davidson Hertz is pumping the brakes on ...

China VC deals plunge, on track for worst pace in more than seven years
Barbara Terrio
Venture capital firms in China invested $26.7 billion in 3,072 deals in the first half of 2023, PitchBook said. On ...

JPMorgan to offer online payroll services
Barbara Terrio
JPMorgan Chase is stepping up its appeal to small business customers by planning to offer digital payroll processing. The bank ...