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. 7:39 p.m.
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. 5:43 p.m.
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. 4:33 p.m.