Money Loss

Continental Resources sees third-quarter loss

Continental Resources sees third-quarter loss

Continental Resources sees third-quarter loss

News Staff
Friday, November 13, 2020
OKLAHOMA CITY (AP) –Continental Resources Inc. (CLR) on Thursday reported a third-quarter loss of $79.4 million, after reporting a profit in the same period a year earlier. The Oklahoma City-based company said it had a loss of 22 cents per share.
Japanese technology conglomerate SoftBank says it lost $4.7 billion in the WeWork debacle.

Japanese technology conglomerate SoftBank says it lost $4.7 billion in the WeWork debacle.

Japan’s Softbank posts big losses after WeWork debacle

News Staff
Tuesday, November 12, 2019
TOKYO – Japanese technology conglomerate SoftBank says it lost $4.7 billion in the WeWork debacle. SoftBank posted losses of 700 billion yen ($6.4 billion) in the July-September quarter, with the damage coming largely from its Vision Fund, created to invest in startups like WeWork and Uber.
Subscribe to