The We Company may curb founder's voting power ahead of IPOPosted: Updated:
Here's the latest business headlines from Cheddar.
The We Company, the owner of co-working firm WeWork, is trying to curb its founder Adam Neumann's voting power ahead of its IPO launch, according to a new report from Reuters. It's one of several changes being considered in an attempt to appeal to investors ahead of the company's planned IPO coming up this month.
Amazon is aiming for the sky. Its new Dallas-Fort Worth regional air hub is all set to open in October. The company says the hub will create 300 new jobs in the area and handle the logistics and even multiple daily flights. Amazon is going to hold a career date in the area to fill some of those roles. The Amazon air fleet that launched in 2016 is projected to reach 70 jets by 2021.
Horror movie 'It: Chapter Two' raked in $91 million in its opening weekend in September, making it the second most successful opening weekend horror movie behind the first 'It' movie. The movie gave theaters a boost after a dismal summer.