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WeWork co-founder Adam Neumann has submitted a bid to buy back the bankrupt office-sharing company for more than $500 million, a person familiar with the matter told Reuters.

It is not clear how Neumann is planning to line up financing for his bid, the source said, requesting anonymity as the discussions were confidential.

Last month, Reutersreportedfounder Neumann was trying to buy back the flexible workspace provider which had filed for bankruptcy in November.

“As we’ve said previously, WeWork is an extraordinary company and it’s no surprise we receive expressions of interest from third parties on a regular basis,” WeWork said in a statement.

“Our board and our advisors review those approaches in the ordinary course, to ensure we always act in the best long-term interests of the company,” it added.

WeWork said it remains focused on its restructuring efforts to “emerge from Chapter 11 in the second quarter as a financially strong and profitable company.”

Under Neumann, WeWork grew to be the most valuable US startup worth $47 billion. But his pursuit of growth at the expense of profit and revelations about his eccentric behavior led to his ouster and derailed an initial public offering in 2019.

Last month, Neumann’s lawyers had sent a letter to WeWork, saying he was exploring a joint bid for the company with Daniel Loeb’s hedge fund Third Point and other investors.

However, Third Point later told Reuters it had held “only preliminary conversations” with Neumann and his property company Flow and had not made any financial commitments.

The SoftBank-backed company racked up losses on its long-term lease obligations as more people began working from home during the COVID-19 pandemic and demand for office space plunged.

The Wall Street Journal first reported on Neumann’s bid earlier on Monday.

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‘Heroic’ rail worker who tried to stop train knife attacker still in life-threatening condition

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'Heroic' rail worker who tried to stop train knife attacker still in life-threatening condition

A “heroic” rail worker who tried to stop a knife attacker as he carried out a mass stabbing on a high-speed train remains in a life-threatening condition.

A 32-year-old man who was arrested after the 6.25pm Doncaster to London King’s Cross LNER service on Saturday was stopped at Huntingdon, Cambridgeshire, is being treated as the only suspect, police said.

The man who is from Peterborough, where he boarded the train, is being held in custody on suspicion of attempted murder, while another man, 35, who was also arrested has been released with no further action.

Train stabbing latest: Two victims still fighting for lives

A knife was recovered at the scene after armed police were deployed to the train and made the arrests within eight minutes of the 999 call.

In total, 11 people were treated in hospital – nine were initially reported as having life-threatening injuries.

One of the two men arrested at Huntingdon Station by police
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One of the two men arrested at Huntingdon Station by police

Five casualties have now been discharged and one – a member of LNER rail staff who tried to stop the attacker – remains in a life-threatening condition, British Transport Police (BTP) said in a statement on Sunday evening.

BTP Deputy Chief Constable Stuart Cundy said: “This was a horrific attack that has had a wide impact.

“My thoughts and those of everyone in British Transport Police are with those injured and their families – especially the brave member of rail staff whose family are being supported by specialist officers.

“Having viewed the CCTV from the train, the actions of the member of rail staff were nothing short of heroic and undoubtedly saved people’s lives.”

The train driver hailed as “courageous” for his actions during the stabbings has been named as Andrew Johnson.

“The driver did everything he was trained to do, at the right time and in the right way,” said Nigel Roebuck, full-time organiser in the north-east of England for the train drivers’ union Aslef.

“He brought the train into a station where passengers could disembark safely and where police, fire and rescue, and ambulance crew could get on to the train and attend to the victims and, we believe, catch the culprit.

“He showed real courage, real dedication, and real determination in the most difficult of circumstances.”

Emergency responders at Huntingdon station in Cambridgeshire on Saturday night. Pic: PA
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Emergency responders at Huntingdon station in Cambridgeshire on Saturday night. Pic: PA

Police earlier said the two men arrested included a 32-year-old male, a black British national, and a 35-year-old man, a British national of Caribbean descent. Both were born in the UK.

In an update, they said the 35-year-old, who is from London, was not involved.

A witness told Sky News that police fired a Taser at a man with a large knife, after he went on a bloody rampage on the high-speed train.

In a statement, the King and Queen said they were “truly appalled and shocked to hear of the dreadful knife attack,” and offered their “deepest sympathy and thoughts” to those affected.

Emergency crews spilled out onto the tracks. Pic: PA
Image:
Emergency crews spilled out onto the tracks. Pic: PA

Police erected a cordon outside the station. Pic: PA
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Police erected a cordon outside the station. Pic: PA

Police examine ‘motivations’ for attack

Counter-terrorism police were initially supporting the investigation.

But BTP Superintendent John Loveless said there was “nothing to suggest that this is a terrorist incident”, adding that the investigation would continue to examine the “motivations” which led to the attack.

Investigators examine the scene outside Huntingdon station. Pic: PA
Image:
Investigators examine the scene outside Huntingdon station. Pic: PA

Pic: PA
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Pic: PA

BTP Dep Chief Con Cundy said: “Our investigation is moving at pace and we are confident we are not looking for anyone else in connection to the incident.

“As would be expected, specialist detectives are looking into the background of the suspect we have in custody and the events that led up to the attack.”

Witnesses told Sky News the stabbings started a few minutes after the train left Peterborough and passengers sounded the emergency alarm.

People described how some passengers were trampling over each other and hiding in the toilets to escape the attacker.

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Policing commentator Graham Wettone speaks to Gillian Joseph

Prime Minister Sir Keir Starmer said it was an “appalling incident” and was “deeply concerning”.

“My thoughts are with all those affected, and my thanks go to the emergency services for their response,” he wrote on X.

Armed police, paramedics, air ambulances, and transport police arrived within minutes. Pic: PA
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Armed police, paramedics, air ambulances, and transport police arrived within minutes. Pic: PA

Officers wearing forensic suits with a police dog outside the station. Pic: PA
Image:
Officers wearing forensic suits with a police dog outside the station. Pic: PA

‘Extraordinary bravery’

The main opposition leaders, Kemi Badenoch and Ed Davey, have also reacted.

The Tory leader initially said she was “deeply disturbed” by events. Later, she posted an update online suggesting “there’s clearly something going wrong in our society right now”.

The Lib Dem leader took a different approach in his statement, focusing on the “very best of Britain” and the “extraordinary bravery” of those at the scene.

Route of the LNER train service from Doncaster to London King's Cross
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Route of the LNER train service from Doncaster to London King’s Cross

‘Shocked and frightened’ passengers

Defence Secretary John Healey spoke to Sky News on Sunday Morning with Trevor Phillips and said he took the same train route just hours before the attack.

“It’s the service I use every week to get home to Rotherham, so I can’t begin to imagine how shocked and frightened those passengers were.”

Asked by Phillips if the attack has changed the UK’s terror threat level, he said no and that it remains “substantial” – meaning an attack is considered “likely”.

Read more:
‘They’ve got a knife’: Eyewitness recalls attack
How the attack unfolded

Watch: Moment armed police arrive at train stabbing

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Why stabbing ‘close to home’ for Defence Secretary

‘Like a horror film’

Mayor of Huntingdon, councillor Audrey McAdam, told Sky News she was “very emotional” after hearing about the stabbing and said it must have been like a “horror film” for the passengers.

“I’m still in shock… I’m very emotional, and as soon as I found out, I thought, ‘oh no’.

“I’m worried about the people actually in hospital at this moment… it’s something I never thought would ever happen around Huntingdon… it’s something so dreadful.

“But to live in that moment… it’s a horror film… complete horror. I just cannot imagine what the people must have [been] feeling… When you’re stuck on a train, what can you do? A moving train.”

Huntingdon's mayor told Sky News it must have been like a 'horror film' for passengers
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Huntingdon’s mayor told Sky News it must have been like a ‘horror film’ for passengers

An ‘incredible’ response from emergency services

Huntingdon MP Ben Obese-Jecty spoke to Sky News at the scene on Saturday night. He said: “When I first arrived here, I’ve simply never seen as big a response to an emergency incident as there was in terms of police, fire and ambulance.”

On Sunday morning, Mr Obese-Jecty spoke again about the “rapid, incredible response” and praised the “brave officers who came to try and neutralise that threat”.

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Police prepared for marauding attack a week ago

Extra police are reportedly going to be deployed across the rail network for at least the next few days.

Government sources have told the PA news agency that there will be a “surge” in the police presence, lasting until Tuesday at least.

Officers are likely to focus on major terminals such as London, Birmingham, York, Leeds and Manchester, as well as at Huntingdon.

National Rail said some train routes to and from London King’s Cross on LNER, Great Northern and Thameslink services faced disruption on Sunday.

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2025 Melbourne Cup Day tips: Who should you back in every race?

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2025 Melbourne Cup Day tips: Who should you back in every race?

We’re back! It’s the race that stops the nation and, in 2025, it’s shaping to be another classic. Vauban returns for a third attempt under a new camp, alongside former stablemate Absurde. Champion trainer Chris Waller dominates the field with five runners, while history will be made with the first-ever American-trained horse taking part. Half Yours is the favourite and will fly the flag for the locals.

But outside of that, there are plenty more races to sink your teeth into. Not sure who to back? Not to worry, as we take you through the best selections and some value runners in Tuesday’s 10-race card at the glorious Flemington racecourse.

TAB fixed odds correct as of 9am AEDT, 3rd November, 2025 (please visit tab.com.au for the latest).


RACE 1 – Darley Maribyrnong Plate (1000m), 10:45am

With only three of the 14 runners having race experience and the track set to be rain-affected, this is a tough way to kick off Cup Day. On exposed form, Tornado Valley was held up at a key stage in the Debutant Stakes but hit the line strongly once clear behind Free Flying. Among the unraced brigade, Carnevale and Diameter have shown glimpses in jump outs and could be anything on debut, while Brazen Dechambeau displayed a nice turn of foot when asked for an effort in his Cranbourne jumpout.

Top selections:

2. Tornado Valley ($7.00)
3. Brazen Dechambeau ($7.00)
5. Diameter ($6.00)
4. Carnevale ($4.80)
8. Free Flying ($11.00)

RACE 2 – MA Services Grand Handicap (2000m), 11:20am

It’s hard to go past Makdane, who’s in good form, maps nicely from barrier 1, and should handle the soft ground. Brave Miss will make her own luck up on speed, her last-start win at Cranbourne looks strong, and she finished third behind She’s A Hustler prior to that, who franked the form with a Group 3 Tesio Stakes win on Cox Plate Day. Party Crasher can be forgiven for the first-up run and I expect him to improve rising in distance second-up.

Top selections:

3. Makdane ($3.90)
7. Brave Miss ($6.50)
10. Party Crasher ($7.00)
14. Giggenbach ($7.50)

RACE 3 – TAB Trophy (1800m), 12:00pm

There looks to be a fair bit of value here. I’ve got Snitz Sonic on top, he’s been the strongest late in both of his runs and couldn’t have been more emphatic in his Echuca win. Arabian Prince was unlucky not to get a start in the 2500m Victoria Derby but will instead race at 1800m, he did seem to peak on his run late in the Caulfield Classic but profiles to be a contender here. Champagne Hero and Different Gravy both look like they have a bit to offer, and Island Boy looks a sneaky chance at big odds.

Top selections:

8. Snitz Sonic ($11.00)
9. Arabian Prince ($3.80)
3. Champagne Hero ($4.60)
4. Different Gravy ($4.60)
6. Island Boy ($41.00)

READ: 2025 Melbourne Cup field – complete guide

RACE 4 – The Schweppervescence Plate (1000m), 12:40pm

Bold Secret is having his third start for Phillip Stokes and looks to have plenty of upside. He was strong late off a slow tempo on debut, clocking the fastest final 200m of the race, before enduring a tough run wide without cover at The Valley. Drawn to get a softer run this time. Pallaton has been tackling stronger company than this, gets James McDonald on, and is a clear danger. As it Street Artist who is flying with consecutive wins for Team Freedman and warrants respect again.

Top selections:

9. Bold Secret ($9.00)
4. Street Artist ($4.40)
2. Pallaton ($2.70)
1. Aleppo Pine ($7.50)

RACE 5 – Australian Heritage Cup (2800m), 1:20pm

Golden Century looks ready to step up to 2800m and he’s a big-striding horse who will appreciate the big Flemington track over the tighter Caulfield circuit, where he was back in the field but closed off well last time out. Drops sharply in weight from that and looks a major player with Joao Moreira aboard. Don Diego De Vega was solid hitting the line for fourth in the Bendigo Cup, and while his Randwick run prior was below par, he hasn’t been suited by the slow tempos in recent starts. Draws kindly and handles soft ground.

Top selections:

10. Golden Century ($4.80)
3. Don Diego De Vega ($8.50)
9. Litzdeel ($4.40)
8. Arugamama ($6.50)

RACE 6 – Kirin Ichiban Plate (1800m), 1:55pm

Saint George was the eye-catcher first-up at Seymour and looks set to take big improvement from that run. The long Flemington straight plays perfectly to his strengths and, at his best, he’s more than capable of winning a race like this. Apulia was outstanding resuming after a year off, storming home from the back of the field to win and should only be fitter here. Athanatos is in terrific form this prep and his Toorak Handicap effort behind the likes of Leica Lucy, Evaporate, and Transatlantic reads well for this grade. The only query is how he handles the likely wet track.

Top selections:

5. Saint George ($4.40)
2. Apulia ($6.50)
6. Athanatos ($5.00)
3. Kingswood ($4.60)

RACE 7 – Lexus Melbourne Cup (3200m), 3:00pm

Once again, the Caulfield Cup looms as the key form reference, and it’s a race that produced several eye-catching performances. You couldn’t miss the big grey Presage Nocturne charging down the outside there. The French import is certain to improve off that run and should relish the step to 3200m at Flemington. He handles rain-affected ground, and while others may feel the pinch late, he’s proven to be able to power through the line at the end of a staying trip.

Valiant King was another standout from that race and is absolutely flying this campaign. A completely different horse this prep with the blinkers on, he was brilliant winning the Bart Cummings before unleashing the fastest closing splits in the Caulfield Cup. He gets in with a nice weight and maps for a soft run. As does Caulfield Cup winner Half Yours who deserves favouritism despite being up for a long campaign which began in a BM64 back in March. Tony and Calvin McEvoy have managed him superbly and set him to peak in the 2400m race so as much as the Melbourne Cup appears a bit of an afterthought, his wet-track ability, light weight and good draw makes him a winning chance again. Absurde returns for a third attempt at the Cup and was travelling well before being blocked for a run at his Caulfield tune-up. He was luckless last year when held up multiple times in the straight, but we know he stays, handles soft going, and maps ideally from gate four.

The Joseph O’Brien-trained Al Riffa is this year’s big boom horse. The Irish raider comes off wins in both the Irish St Leger and Curragh Cup and clearly brings elite European form. He’s earned the top weight (59kg) and history says that’s a brutal task, especially over two miles on rain-affected ground from a wide draw, but class can often defy history, and he has that in spades. The main challenge will be conceding weight to several in-form, lightly-weighted rivals.

Lightly-raced northern hemisphere three-year-old Furthur has had just eight starts and beats the handicapper with 52kg. He fits the successful profile of past winners like Rekindling and Cross Counter, as well as desperately-unlucky 2019 runner Il Paradiso. He displayed a devastating turn of foot when winning the Geoffrey Freer Stakes over 2715m two starts back, a race that has been a solid guide for the Melbourne Cup in past years. There’s a wet track query with him but he’s a good enough price to find out if he can handle it.

Buckaroo brings class and proven Group 1 Australian weight-for-age form, but the 3200m remains a genuine query and he’ll need a perfect ride to figure. German stayer Flatten The Curve is an interesting roughie in red-hot form winning six of his past seven races, and while the strength of that form is hard to line up, he’s a genuine two-miler and could surprise at decent odds. And Vauban — now under the care of Gai Waterhouse and Adrian Bott — while plain in the Caulfield Cup, is back on a more suitable Flemington track, gets rain-affected going, has drawn in barrier two with Blake Shinn on, and is more than capable of bouncing back.

Top selections:

6. Presage Nocturne ($9.00)
24. Valiant King ($8.50)
1. Al Riffa ($9.00)
9. Absurde ($18.00)
14. Half Yours ($7.00)

Best roughie:

17. Furthur ($26.00)

READ: 2025 Melbourne Cup field – complete guide

RACE 8 – The Amanda Elliott (1400m), 3:50pm

Ludlum was luckless on debut behind Tres Magnifique before winning a maiden at Seymour, doing it tough three wide without cover but still proving too strong. Navy Pilot was a second-up winner powering past key rival Bacash, and while he didn’t see out the mile in the Caulfield Guineas, the drop back to 1400m looks ideal. Bacash continues to hold his form well, he’s a proven wet tracker and was a dominant winner at this trip last start at Caulfield. Burma Star has won in heavy conditions and has been hitting the line well. This is tougher but he’s right in the mix.

Top selections:

15. Ludlum ($5.00)
2. Navy Pilot ($6.50)
4. Bacash ($5.50)
8. Burma Star ($9.00)

RACE 9 – The Hong Kong Jockey Club Stakes (1400m), 4:35pm

Surfin’ Bird was an arrogant winner at Caulfield last start, surging past her rivals to win by four lengths despite covering extra ground throughout, and she did it in very quick time. She’s clearly the one to beat and might simply be too good again. Pondalowie looks terrific value though as an each-way play. She’s improved with every run this prep, running the fastest last 200m at Group 2 level third-up before again closing strongly in the Vase behind Oh Too Good. She tends to get back in her races but has a blistering turn of foot and runs well at Flemington.

Top selections:

14. Pondalowie ($17.00)
15. Surfin’ Bird ($2.60)
10. Gumdrops ($7.50)
5. Bossy Nic ($13.00)

RACE 10 – Channel 9 Trophy (1400m), 5:15pm

Sabaj had no luck in the Silver Eagle. He was held up until the 100m and should have finished a lot closer to the classy Linebacker at Randwick. That’s elite form and with clear running he should be too good for these. I do have a of time for Sunshineinmypocket who had excuses last start behind Ndola. He was able to close off well with the fastest final furlong of the race and I think he can turn the tables on the winner.

Top selections:

8. Sabaj ($2.70)
7. Sunshineinmypocket ($7.00)
3. Ndola ($6.00)
12. Persian Spirit ($8.00)

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Why the ‘Mag 7 is too much of the market, get out’ is money-losing, false narrative

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Why the 'Mag 7 is too much of the market, get out' is money-losing, false narrative

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