Business News

Coworking startup WeWork delays going public

Andrei Stanescu/iStock(NEW YORK) — After widespread reports that the coworking startup WeWork was going to go public imminently, the company announced in a statement that it was delaying its initial public offering until some time by the end of 2019.“The We Company is looking forward to our upcoming IPO, which we expect to be completed…read more »

Madewell CEO Libby Wadle on the future of denim and retail

Taylor Dunn/ABC News(NEW YORK) — Libby Wadle is a seasoned professional in the retail industry.She joined the J. Crew Holdings Group in 2004 and helped launch the label’s denim brand, Madewell, two years later. What was once a boutique denim retailer has turned into a company that made over $600 million in sales in the…read more »

US police agencies having trouble hiring, keeping officers, according to new survey

stocknshares/iStock(NEW YORK) — Police agencies across the country are having trouble keeping and hiring police officers, according to a new survey obtained by ABC News.Produced by the Police Executive Research Forum, the survey shows a “triple threat” for police departments: there is a decrease in applications, early exits and higher rates of retirement. Agencies participating…read more »

Supply, demand and ‘geopolitical tensions’: How oil prices rise

iStock/tifonimages(NEW YORK) — Global oil prices spiked Monday by a whopping 20% seemingly overnight after an attack on a major oil facility in Saudi Arabia. With global consumption at 100 million barrels of oil a day, the sudden rise in oil prices had a ripple effect on international markets, which took a tumble Monday. ABC…read more »

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