WeWork says it has enough cash to survive coronavirus pandemic

Shared-office operator WeWork told investors on Thursday the $4.4 billion in cash and cash commitments it had at year-end 2019 is enough to execute its five-year plan and manage the challenges posed by the coronavirus crisis. WeWork, whose losses more than doubled to $1.25 billion as of the third quarter of 2019, told bond investors… Continue reading at New York Post