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A sign for WeWork is displayed at their office in the borough of Manhattan in New York, Aug. 9, 2023. Trading in shares of WeWork were halted Monday as rumors that the office sharing company will seek bankruptcy protection. (AP Photo/Ted Shaffrey, File)

WeWork seeks bankruptcy protection, a stunning fall for a firm once valued at close to $50 billion

By Wyatte Grantham-Philips - Associated Press

FILE - Real Madrid players celebrate with the trophy after winning the FIFA Club World Cup final match against Al Hilal at Prince Moulay Abdellah stadium in Rabat, Morocco, Saturday, Feb. 11, 2023. The United States will host the Club World Cup in 2025, the first time the FIFA tournament will have 32 teams. Real Madrid, Manchester City and Chelsea already earned places as recent Champions League winners for the expanded tournament lineup that is set to test stadiums and operations one year before the 2026 World Cup. (AP Photo/Manu Fernandez, File)

United States picked to host 2025 Club World Cup, an expanded soccer tournament with 32 teams

By Graham Dunbar - Associated Press

FILE - In this Nov. 1, 2018, file photo, an attendee walks past a display at the 2018 Baidu World conference in Beijing. China’s market regulator said Friday, March 12, 2021, that it fined 12 companies, including games company Tencent Holdings and Chinese search engine firm Baidu Inc., for not disclosing past deals as authorities step up scrutiny over anti-monopoly behavior in the internet sector. (AP Photo/Mark Schiefelbein, File)

China regulator fines 12 firms over anti-monopoly law

By ZEN SOO - Associated Press

Twitter, Under Armour rise; Alteryx, Assurant fall

Associated Press

FILE - In this file photo dated Thursday, Feb. 27, 2014, people gather in the Nvidia booth at the Mobile World Congress mobile phone trade show in Barcelona, Spain. U.K regulators said Wednesday Jan. 6, 2021, they are investigating graphics computer chip maker Nvidia's $40 billion purchase of chip designer Arm Holdings over concerns about its effect on competition. (AP Photo/Manu Fernandez, FILE)

UK watchdog investigates chip maker Nvidia’s takeover of Arm

Associated Press

Players of the Fukuoka Softbank Hawks and Yomiuri Giants play Wednesday, Nov. 25, 2020, during the forth game of the 2020 Japan Series at PayPay Dome in Fukuoka, Western Japan. (Kyodo News via AP)

SoftBank Hawks sweep Yomiuri Giants for Japan Series title

Associated Press

In this Friday, Oct. 23, 2020 photo, the figure of Ant Group's mascot is displayed at the Ant Group office in Hong Kong. China's Ant Group will try to raise nearly $35 billion in its initial public offering in Shanghai and Hong Kong, which would make it the largest share offering in history. Alibaba-affiliated Ant Group, which operates a suite of financial products including the widely-used Alipay digital wallet in China and one of the world's largest money market funds, will hold dual listings in Shanghai and Hong Kong. (AP Photo/Kin Cheung)

Market debut of Chinese e-finance giant Ant Group postponed

By ZEN SOO and JOE MCDONALD - Associated Press

A woman walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Monday, Sept. 14, 2020. Asian shares are rising, despite the rollercoast ride that closed Wall Street last week, as traders awaited cues from the U.S. central bank expected later in the week. (AP Photo/Vincent Yu)

Asian markets mixed after Wall Street rises on dealmaking

By JOE McDONALD - Associated Press

Nvidia to buy rival chipmaker Arm from Softbank for $40B

Associated Press

Principia, Novavax rise; Wells Fargo, Carnival fall

Associated Press

Indonesia: UAE crown prince to lead new capital construction

By NINIEK KARMINI - Associated Press

WeWork cuts nearly 20% of workforce in restructuring effort

By ALEXANDRA OLSON - Associated Press

ADDS TRANSLATION - SoftBank founder and Chief Executive Officer Masayoshi Son speaks during a news conference in Tokyo Wednesday, Nov. 6, 2019. Japanese technology company SoftBank Group Corp. said Wednesday, it has tumbled into losses for the second quarter over money-losing investments, including a bailout for office-space sharing startup WeWork. The letter reads: Deficit. (Kyodo News via AP)

Japan’s Softbank posts big losses after WeWork debacle

By YURI KAGEYAMA - Associated Press

In this Oct. 6, 2019, photo people walk by WeWork offices in Dublin, Ireland. The Wall Street Journal is reporting on Tuesday, Oct. 22, that WeWork is being taken over by the Japanese investment bank that invested billions in the company before its botched effort to go public. (AP Photo/Mark Lennihan)

WeWork co-founder pushed aside in $5B SoftBank takeover

By ALEXANDRA OLSON - Associated Press

Report: Softbank could take control of WeWork

Associated Press

FILE - In this Jan. 16, 2018 file photo, Adam Neumann, center, co-founder and CEO of WeWork, attends the opening bell ceremony at Nasdaq in New York. Office space-sharing company WeWork is getting ready to go public, adding to a growing list of tech businesses making such a move this year. WeWork, which recently renamed itself The We Co., said in a regulatory filing Wednesday, Aug. 14, 2019 that it now has 527,000 memberships across 29 countries. (AP Photo/Mark Lennihan, File )

WeWork reveals rapid growth and massive losses ahead of IPO

By ALEXANDRA OLSON and CATHY BUSSEWITZ - Associated Press

Softbank, ride hailing app Grab investing $2B in Indonesia

Associated Press

FILE - In this Jan. 16, 2019, file photo, Cruise AV, General Motor's autonomous electric Bolt EV is displayed in Detroit. The top executive of General Motors’ autonomous vehicle unit says in a blog post that the company won’t start a self-driving ride service this year as once promised. GM Cruise CEO Dan Ammann says the company still plans to deploy the service in San Francisco, but more testing is needed to make sure it is safe. (AP Photo/Paul Sancya, File)

GM’s Cruise delays autonomous ride service beyond 2019

By TOM KRISHER - Associated Press

Report: Newspaper chains Gannett, GateHouse in merger talks

By TALI ARBEL - Associated Press

Sports agent Scott Boras, left, SoftBank Hawks pitcher Carter Stewart Jr., center, and Hawks General Manager, Sugihiko Mikasa pose during a baseball news conference in Newport Beach, Calif., Thursday, May 30, 2019. After failing to sign with Atlanta and losing a grievance against the Braves, 19-year-old right-hander Carter Stewart has agreed to a six-year contract with the Fukuoka SoftBank Hawks of Japan's Pacific League (AP Photo/Chris Carlson)

Uncommon route: Stewart excited about pitching in Japan

By JOE REEDY - Associated Press