Ubs Expects $1.7b Loss, To Cut 8,700 Jobs

Good morning, Bay Area. News from the East Coast this morning is that WeWork said it will shed $4 billion in debt and get new financing to get out of bankruptcy without being sold to its co-founder and former CEO Adam Neumann. The revised bankruptcy deal includes up to $450 million in new funding from SoftBank, a group of senior bondholders that includes King Street Capital and Cupar Grimmond, Reuters reports.

This year's list featured a new No. 1 as suburban Southwest Washington was finally blended into the mix of Oregon's fastest-growing cities of the last five years.

The company is “working with advisers to explore strategic options and gauge buyer interest,” Bloomberg reported, citing sources familiar with the company’s thinking.

One of the Milwaukee-area’s largest manufacturers just got bigger with the acquisition of two other businesses.

The business leader chats about the growing challenges of entrepreneurship, including funding and scaling companies, and small biz resources.

This story is available courtesy of Portland Business Journal media partner KGW-TV. A popular plant-based Indian restaurant, The Sudra, announced on social media that it will be closing its doors after 10 years of business in Portland. "This winter was the worst we’ve had in years," Sudra said in an Instagram post.