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WeWork Accepts SoftBank Takeover Offer

WeWork, the troubled shared office space company, has agreed to be taken over by its largest outside investor, SoftBank, the Japanese technology giant, according to people with knowledge of the matter.

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Mastercard rings up purchase of Boston tech firm

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Chesto Means Business | Jon Chesto

Momentum is building for bill that would allow surcharge on hotel taxes for tourism efforts

The bill would allow regional tourism districts to impose new room assessments of up to 3 percent.

Baker defends health care plan as concerns arise

Community hospitals, which have long argued that they lack the clout to demand higher reimbursements from insurers, say the proposal falls short.

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WeWork, rejected by Wall Street, accepts lifeline from SoftBank

WeWork has agreed to be taken over by its largest outside investor, SoftBank, in a deal that provides a lifeline for the troubled shared office space company after it pulled its initial public offering and removed its chief executive.

Stock indexes close lower on mixed company earnings

A late-afternoon burst of selling erased modest gains for the market, which was coming off two weeks of gains.

PG&E warns it could cut power to California users again

Bill Johnson, Pacific Gas & Electric’s chief executive officer, said during a news conference that the severe weather approaching Northern California raised the possibility that the utility would have to cut power again.