WeWork CEO Steps Aside Amid Growth Slowdown Questions
The pace of growth slowed from 3.1 percent to 2 percent in the second quarter as GDP components shifted. WeWork names Artie Minson and Sebastian Gunningham as co-CEOs while Adam Neumann becomes non executive chairman. The firm faced investor concerns and postponed its planned IPO after large losses.
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Sebastian Gunningham
Neumann
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Juul Halts Advertising Amid Health Alarm and Leadership Change
Juul Labs will stop advertising in the United States and replace its chief executive as outbreaks of mysterious vaping illnesses surge and teen use prompts tighter controls. Officials report ten deaths linked to vaping illnesses while debates over flavor bans and youth protection intensify.
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Juul Labs Inc
U.S
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