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<ul class="summary-list"><li>Ex-WeWork CEO <keyword id="12360987" type="UNKNOWN" weightage="60" keywordseo="adam-neumann" source="Orion">Adam Neumann</keyword> and his wife are launching a new startup called <keyword id="14115450" type="UNKNOWN" weightage="60" keywordseo="flowcarbon" source="Orion">Flowcarbon</keyword>.</li><li>The project aims to use the blockchain to let businesses trade carbon credits using <keyword id="11893898" type="UNKNOWN" weightage="60" keywordseo="crypto" source="Orion">crypto</keyword> tokens.</li></ul>Carbon trading is getting the crypto treatment, and its latest orchestrator is none other than <keyword id="12085544" type="UNKNOWN" weightage="60" keywordseo="wework" source="Orion">WeWork</keyword>'s eccentric cofounder.Three years after being ousted as CEO, <a href="https://www.businessinsider.com/wework-ceo-adam-neumann-bio-life-career-2019-8">Adam Neumann</a> is launching a new startup called <a href="https://www.flowcarbon.com/">Flowcarbon</a> that wants to put carbon credits on blockchain technology.His idea — powered in part by a $32 million round of funding from famed Silicon Valley venture firm Andreessen Horowitz — is to make these carbon credits more accessible and easier to trade with the help of the company's flagship product: the Goddess Nature Token (GNT.)Businesses and individuals will be able to use these tokens — each backed by a real-life carbon credit — to buy and sell the permits on the blockchain in a decentralized manner, making the opaque and controversial process more transparent. The new endeavor marks not only a turning point for Neumann following his fall from grace but also another high-profile tech founder leaping headfirst into the booming Web3 sphere.<h2>So what's carbon trading? And where does crypto come in?</h2><div type="image" title="richard sandor" height="856" width="1142" msid="92006636" hostid="261"></div>Carbon trading, otherwise known as the voluntary carbon market, is when businesses buy and sell a limited amount of government-issued permits that they can "cash in" when they emit carbon.The idea was to create scarcity in how much carbon the business world can emit. There are economic incentives in doing so — if a corporation doesn't use all of its carbon credits, it can sell them to peers. Depending on the country, if it emits too much carbon, it may have to buy more credits. Neumann, per the <a href="https://www.flowcarbon.com/">website</a>, believes this process is flawed, built on an "opaque and fractured market infrastructure" with credits that have little accessibility and brokers charging sky-high fees. That's where Flowcarbon and GNTs come in. Flowcarbon did not immediately respond to Insider's request for comment, but a spokesperson told <a href="https://www.vox.com/recode/23142106/adam-neumann-crypto-carbon-credit-offset-flowcarbon">Vox</a> that the credits represented by the company's tokens are issued from one of four major carbon credit registries. According to Flowcarbon and it <a href="https://twitter.com/AriannaSimpson/status/1529072554639511554?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1529072555667116032%7Ctwgr%5E%7Ctwcon%5Es2_&amp;ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fwework-founder-reinvents-himself-with-70m-crypto-carbon-credit-platform">and its backers</a>, the blockchain is the perfect environment for trading carbon credits, given the technology's innate transparency. <h2>Separating the project from its leaders' past?</h2><div type="image" title="NEW YORK, NY - APRIL 24: WeWork Co-Founder and CEO Adam Neumann and Rebekah Paltrow Neumann attend the 2018 Time 100 Gala at Jazz at Lincoln Center on April 24, 2018 in New York City." height="1497" width="1997" msid="92006637" hostid="261"></div>Critics have long said the carbon trading market is <a href="https://e360.yale.edu/features/how-to-repair-the-worlds-broken-carbon-offset-markets">inherently broken</a>, which calls to question Neumann's goal of simply putting them more in reach in the business sector.And some people in the carbon trading space aren't huge fans of integrating with the crypto world — <a href="https://verra.org/verra-addresses-crypto-instruments-and-tokens/">Verra</a>, one of the world's largest carbon crediting programs, said last week that it wouldn't permit its credits to back crypto tokens. It doesn't help that climate advocates have condemned fundamental aspects of crypto as environmentally harmful thanks to the huge amount of energy the transactions require. Others, however, have noted how Web3 is the perfect space for the startup, allowing it to more easily fund projects that could reduce carbon from the atmosphere.But on top of all of that is the fact that Neumann oversaw <a href="https://www.businessinsider.com/weworks-nightmare-ipo">one of the tech world's most infamous implosions in 2019</a>, when WeWork was gearing up for an IPO. Regulatory filings for that offering gave an inside look at potential financial problems and turmoil at the coworking company. Eventually, the deal was yanked, and Neumann was ousted as CEO. A show recounting the debacle, aptly called "WeCrashed," began airing on Hulu in March.

Ousted WeWork founder Adam Neumann wants to put carbon credits on the blockchain with 'goddess nature tokens' to combat climate change

<ul class="summary-list"><li>Adam Neumann's climate tech startup is quietly refunding investors, Forbes reported.</li><li>Flowcarbon has reportedly been refunding its Goddess Nature Token after failing to launch it.</li></ul>WeWork cofounder Adam Neumann's climate tech startup has been quietly refunding investors, <a target="_blank" class="" href="https://www.forbes.com/sites/sarahemerson/2024/09/11/adam-neumanns-climate-company-is-issuing-refunds-after-failing-to-launch-crypto-token/">Forbes reported.</a>Flowcarbon, which aimed to enable companies to purchase carbon credits with cryptocurrency, has reportedly been issuing refunds for its Goddess Nature Token after failing to launch for years.Founded in 2021, Flowcarbon <a target="_blank" rel=" nofollow" href="https://www.reuters.com/markets/us/exclusive-neumann-backed-climate-tech-venture-flowcarbon-raises-70-mln-2022-05-24/">claimed</a> that tokenizing carbon credits would make them <a target="_blank" class="" href="https://www.businessinsider.com/crypto-climate-scheme-carbon-credits-offsets-market-flowcarbon-2022-7">easier to trade and help projects</a> access funding more easily. The company said its Goddess Nature Token would shed light on the "opaque and fractured market infrastructure" for carbon credits — but the tokens have yet to emerge.Flowcarbon cited market conditions and resistance from carbon registries as reasons for refunding the money, according to people familiar with the situation who spoke with Forbes. The customers were also asked to sign a release that included a waiver of claims against the company and its affiliates, according to the report.Representatives for Flowcarbon did not immediately respond to a request for comment from Business Insider, made outside normal working hours.However, the company told Forbes: "It's well known that since last year we have been offering refunds to retail GNT buyers due to the industry delays, with standard and customary terms, as we continue to grow Flowcarbon as a leader in carbon finance."Neumann's venture has secured millions of dollars of funding from investors since its debut,<a target="_blank" class="" href="https://www.businessinsider.com/crypto-climate-scheme-carbon-credits-offsets-market-flowcarbon-2022-7"> including</a><a target="_blank" rel=" nofollow" href="https://www.flowcarbon.com/knowcarbon/flowcarbon-raises-70m-to-tokenize-carbon-credits-and-build-an-on-chain-market"> $70 million</a> in a funding round led by the venture capital firm Andreessen Horowitz.However, experts have <a target="_blank" class="" href="https://www.popsci.com/environment/crypto-carbon-credit-tokens/">raised concerns</a> that simply making credits easier to buy and sell would do little to solve the underlying climate issues.Flowcarbon is not the former WeWork CEO's only new project. In 2022, Neumann announced he was starting a new company named Flow to transform apartment living. Andreessen Horowitz also invested in the project to the tune of $350 million — its single <a target="_blank" rel="" href="https://www.businessinsider.com/a16zs-investment-adam-neumanns-flow-real-estate-company-2022-8">largest investment ever</a>.The startup has already hit a roadblock with its 358-unit apartment <a target="_blank" class="" href="https://www.businessinsider.com/adam-neumanns-startup-flow-faces-trouble-in-nashville-2024-8">complex in Nashville</a>.Neumann has also been trying to <a target="_blank" class="" href="https://www.businessinsider.com/adam-neumann-buy-wework-more-than-500-million-report-2024-3#:~:text=Neumann%20has%20submitted%20a%20bid,back%20the%20company%20last%20month.">buy back WeWork</a>, his former company, which emerged from bankruptcy in May, for more than $500 million. The former CEO has been trying to regain control of WeWork since he famously parted ways with it five years ago.

Adam Neumann's climate startup is quietly refunding investors after failing to launch a crypto token, report says

Fancy seeing you here. Adam Neumann has resurfaced with a new <a href="https://www.businessinsider.com/crypto-climate-scheme-carbon-credits-offsets-market-flowcarbon-2022-7">crypto scheme</a> that aims to tackle the climate crisis, and experts are sharing <a href="https://www.businessinsider.com/digital-nomad-visas-travel-how-to-travelers-work-remote-2022-7">how to become a digital nomad</a>.I'm Jordan Parker Erb, and I'm here to walk you through it. Let's dive in.If this was forwarded to you, <a href="https://www.businessinsider.com/subscription/newsletter/10-things-in-tech">sign up here</a>. Download Insider's app <a href="https://link.insider.com/click/27645591.160803/aHR0cHM6Ly93d3cuaW5zaWRlci5jb20vYXBwP25yX2VtYWlsX3JlZmVyZXI9MSZ1dG1fc291cmNlPVNhaWx0aHJ1JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NvbnRlbnQ9T3BlbmluZ19iZWxs/62667762063d6b9bef0cffb3Bf9c9aa56">here.</a><a href="https://www.businessinsider.com/crypto-climate-scheme-carbon-credits-offsets-market-flowcarbon-2022-7"></a>1. Adam Neumann is back. This time, <a href="https://www.businessinsider.com/crypto-climate-scheme-carbon-credits-offsets-market-flowcarbon-2022-7?nr_email_referer=1&amp;utm_source=Sailthru&amp;utm_medium=email&amp;utm_content=10_things_tech&amp;utm_campaign=new:%2010%20Things%20in%20Tech%20-%20native%20ad&amp;r=US&amp;IR=T">the WeWork cofounder is behind Flowcarbon</a>, a company that claims its crypto token will help fund projects aimed at decarbonizing the world and fighting the climate crisis. <ul><li>Flowcarbon plans to sell a cryptocurrency backed by carbon credits called the <a href="https://affiliate.insider.com?u=https%3A%2F%2Fwww.wsj.com%2Farticles%2Fadam-neumanns-goddess-nature-token-is-the-future-of-cryptofor-better-or-worse-11654315241">Goddess Nature Token</a>. And while carbon credits are a lucrative industry, they have a dubious track record of actually doing any good.</li><li>In short, even as companies were scooping up carbon credits to avoid having to reduce emissions at the source, the credits haven't delivered the promised emissions reductions. Now, investors like Neumann are trying to cash in on the growing market segment, even as its actual benefits remain murky.</li><li>However, Flowcarbon has already suffered setbacks, as the company decided to "<a href="https://affiliate.insider.com?u=https%3A%2F%2Fwww.wsj.com%2Farticles%2Fcrypto-crash-stalls-wework-founder-adam-neumanns-climate-venture-11657963804">wait for markets to stabilize</a>" before launching its products, as per the Wall Street Journal. </li></ul><a href="https://www.businessinsider.com/crypto-climate-scheme-carbon-credits-offsets-market-flowcarbon-2022-7">Inside the new climate scheme investors like Neumann are cashing in on.</a>In other news:<a href="https://www.businessinsider.com/twitter-upper-hand-elon-musk-court-battle-hearing-2022-7"></a><div type="image" title="Elon Musk handcuffed to Twitter logo 4x3" height="1750" width="2334" msid="93005966" hostid="261" sizebytes="340072"></div>2. Twitter won its first battle in its lawsuit with Elon Musk. Musk and Twitter's legal teams squared off in court for the first time yesterday, and a judge agreed to move the case forward on an "expedited" schedule. The case will go to trial in October — a step that could <a href="https://www.businessinsider.com/twitter-upper-hand-elon-musk-court-battle-hearing-2022-7">set Twitter up for future wins</a>.3. Amazon banned Plan B sellers from buying ads on its platform days after the Roe v. Wade reversal. After the Supreme Court's decision, Amazon banned some sellers of abortion-inducing drugs and morning-after pills from advertising on the platform, according to an internal document seen by Insider. <a href="https://www.businessinsider.com/amazon-blocked-abortion-related-advertising-on-its-platform-2022-7">What we know about the changes.</a>4. Netflix lost nearly 1 million subscribers last quarter. While that number beat its expectation of losing 2 million subscribers, it still marks two consecutive quarters of subscriber losses — a first in the streamer's history. <a href="https://www.businessinsider.com/netflix-earnings-losing-subscribers-second-straight-quarter-2022-7">Get the rundown on Netflix's earnings.</a>5. Meet 32 startup founders who are also active startup investors. Founders of startups like Cityblock Health and Deel are still investing in their fellow entrepreneurs, even as they're building their own company. <a href="https://www.businessinsider.com/top-startup-founders-who-also-invest-in-other-startups-2022-7">They share what they look for in startup investments.</a>6. Uber will pay over $2 million to disabled riders after charging them with waiting fees. After the DOJ sued Uber over its waiting time fee policy, saying it discriminated against disabled riders, Uber has agreed to pay $2 million — <a href="https://www.businessinsider.com/uber-pay-2-million-to-disabled-riders-wait-fees-2022-7">and it could have to pay millions more</a>.7. The digital-nomad lifestyle is more accessible than ever. With advancements in <keyword id="6358815" type="UNKNOWN" weightage="60" keywordseo="tech" source="Orion">tech</keyword> and more than 40 countries offering digital-nomad visas, more people are starting a digital-based lifestyle. We spoke with experts who explained <a href="https://www.businessinsider.com/digital-nomad-visas-travel-how-to-travelers-work-remote-2022-7">how to become someone who can work from anywhere.</a>8. Microsoft Teams could be the next social network. Microsoft is launching Viva Engage, an app within Teams that looks like Facebook (it'll even include Instagram-like Stories) and is meant to encourage social networking while at work. <a href="https://www.theverge.com/2022/7/19/23268187/microsoft-viva-engage-facebook-work-yammer">More on Microsoft's new social network.</a>Odds and ends:<a href="https://www.businessinsider.com/robot-game-google-meet"></a><div type="image" title="The Google Meet logo displayed on a laptop." height="1368" width="1825" msid="93005971" hostid="261" sizebytes="40254"></div>9. A new game in Google Meet helps kill time while you wait for meetings to start. "The Robot Game" is an endless runner game, just like Google Chrome's Dinosaur Game — and the longer you play, the harder and faster it gets. <a href="https://www.businessinsider.com/robot-game-google-meet">Here's how to play.</a>10. Chevrolet is taking on Ford's Mustang Mach-E with a new electric Blazer. With up to 320 miles of range, the $45,000 electric Blazer is one of several electric models General Motors has coming down the pike — <a href="https://www.businessinsider.com/chevy-blazer-chevrolet-electric-suv-price-range-ford-mustang-2022-7">get a look at it here</a>.What we're watching today:<ul><li>Tesla, XM, and others are reporting earnings. <a href="https://markets.businessinsider.com/earnings-calendar">Keep up with earnings here.</a></li><li>A year ago today, Jeff Bezos flew to space with Blue Origin.</li></ul>Keep updated with the latest tech news throughout your day by checking out<a href="https://link.chtbl.com/therefresh"> The Refresh from Insider,</a> a dynamic audio news brief from the Insider newsroom. <a href="https://link.chtbl.com/therefresh">Listen here.</a>Curated by Jordan Parker Erb in New York. (Feedback or tips? Email <a href="mailto:jerb@insider.com">jerb@insider.com</a> or tweet <a href="https://twitter.com/jordanparkererb?lang=en">@jordanparkererb</a>.) Edited by Hallam Bullock (tweet <a href="https://twitter.com/hallam_bullock">@hallam_bullock</a>) in London.

Adam Neumann is back with a new crypto-climate scheme

Flexible office space provider <keyword id="2918346" type="General" weightage="20" keywordseo="wework" source="Orion">WeWork</keyword> co-founder and former CEO <keyword id="3195050" type="General" weightage="20" keywordseo="adam-neumann" source="Orion">Adam Neumann</keyword> has received around $350 million funding from top investment fund Andreessen Horowitz (a16z) for his upcoming new rental real estate business, called Flow. The investment puts Flow's valuation at over $1 billion (a unicorn status) and the startup is yet to be launched. "We are excited to partner with Adam Neumann and his colleagues on Flow. Adam is a visionary leader who revolutionised the second largest asset class in the world -- commercial real estate -- by bringing community and brand to an industry in which neither existed before," Marc Andreessen said in a blogpost late on Monday. "We think it is natural that for his first venture since WeWork, Adam returns to the theme of connecting people through transforming their physical spaces and building communities where people spend the most time: their homes," he added. In May, a16z invested $70 million into Neumann's Blockchain-based carbon credit platform called Flowcarbon. "We understand how difficult it is to build something like this and we love seeing repeat-founders build on past successes by growing from lessons learned," Andreessen said. It's still now clear how Flow seeks to revolutionise the residential housing industry. "Flow currently has a bare bones website, with the slogan 'Live life in flow' and two words stating it will launch in 2023," reports CNN. Once valued at $47 billion at its peak, WeWork went through a disastrous phase to go public. Neumann was ousted from his chief executive role at WeWork, with an exit package running into hundreds of millions of dollars. SEE ALSO <a class="tout-title-link" href="https://www.businessinsider.in/stock-market/news/heres-a-list-of-stocks-that-can-benefit-from-the-festive-season/articleshow/93579202.cms" style="">Here’s a list of stocks that can benefit from the festive season</a> <a href="https://www.businessinsider.in/business/news/food-delivery-startup-qmin-claims-to-be-the-only-profitable-business-among-its-peers-like-zomato-swiggy/articleshow/93520527.cms" style="">Taj Hotels’ Qmin food delivery app claims to be the only profitable business among its peers</a> <a href="https://www.businessinsider.in/entertainment/news/avatar-2-black-panther-2-ant-man-here-is-a-complete-list-of-hollywood-movies-expected-to-hit-indian-theaters-in-the-next-6-7-months/articleshow/93522825.cms" style="">Avatar 2, Black Panther 2, Ant Man — Here is a complete list of Hollywood movies expected to hit Indian theaters in the next 6-7 months</a>

WeWork co-founder's startup gets valued at $1 billion even before launch

<a href="https://www.businessinsider.com/subscription/newsletter/10-things-on-wall-street?utm_source=editorial-&amp;utm_medium=other&amp;utm_campaign=acquisition_10thingswallst_generaledit">Sign up here to get 10 Things on Wall Street</a> delivered to your inbox each weekday morning.Morning, Wall Streeters! My name's Aaron Weinman, a correspondent for Insider, and I'm incredibly humbled to have your attention for the first edition of <a href="https://www.businessinsider.com/subscription/newsletter/10-things-on-wall-street?nr_email_referer=1&amp;utm_source=Sailthru&amp;utm_medium=email&amp;utm_content=10_things_tech&amp;utm_campaign=Post%20Blast%20sai:%20Tech:%20Sheryl%20Sandberg%20steps%20down&amp;utm_term=10%20THINGS%20IN%20TECH%20SEND%20LIST">10 Things on Wall Street</a>. I'll look to unpack all things banking, <keyword id="11895316" type="UNKNOWN" weightage="100" keywordseo="finance" source="Orion">finance</keyword>, dealmaking, and fintech every weekday.Got a tip? I'd love to hear from you. Drop me a line <a href="mailto:aweinman@insider.com">aweinman@insider.com</a> or find me on Twitter <a href="https://twitter.com/aaronw11">@aaronw11</a>.And on that note, here's what's new on The Street — starting with a <a href="https://www.businessinsider.com/softbank-view-inc-rao-mulpuri-spac-investigation-2022-6">cautionary tale about View, Inc.</a>, the SoftBank-backed glass manufacturer that's arguably flying much too close to the sun.Download Insider's app <a href="https://www.insider.com/app">here</a>.<a href="https://www.businessinsider.com/softbank-view-inc-rao-mulpuri-spac-investigation-2022-6"></a>1. View was once like catnip for investors, but now it's the poster child for Wall Street's SPAC largesse. Over the years, the glassmaker reeled in commitments from a host of investors like BlackRock's private-credit arm and even New Zealand's Superannuation Fund. Last year, it nabbed the services of Goldman Sachs when it merged with Cantor Fitzgerald's SPAC in March.Despite raising almost $1.5 billion in capital over the years, and $815 million through its de-SPAC merger, View's share price is now hovering near penny-stock territory, and it's been scolded by Nasdaq: Get your house in order, or a delisting won't be out of the question.From a bird's eye view (pun intended), you'd be forgiven for thinking that View's woes were sudden, but more than two-dozen people familiar with the company told Insider that <a href="https://www.businessinsider.com/softbank-view-inc-rao-mulpuri-spac-investigation-2022-6">View has grappled with serious cash burn and product failures</a> for years.As my colleague Hayley Cuccinello and I report, former employees described a toxic workplace, with some fearing being reprimanded or dismissed should they voice their concerns.At the helm, with presumably the greatest view (yes, I'm here all day, folks) of all, is Rao Mulpuri. The Harvard Business School graduate has a knack for capitalizing View, but as investors and lenders pare back exposure to companies that hemorrhage cash, the charismatic CEO's greatest challenge lies ahead.<a href="https://www.businessinsider.com/softbank-view-inc-rao-mulpuri-spac-investigation-2022-6">Read the full investigation here.</a>In other news:<a href="https://www.businessinsider.com/citadel-summer-internship-four-seasons-offsite-2022-6"></a><div type="image" title="Ken Griffin, CEO of Citadel" height="1665" width="2221" msid="92039413" hostid="261"></div>2. Ken Griffin's latest batch of minions will dive into "Shark Tank" style sessions at this year's offsite adventure. Starting today, the Citadel interns are hitting up resorts in Palm Beach and Fort Lauderdale for their 2022 kumbaya. <a href="https://www.businessinsider.com/citadel-summer-internship-four-seasons-offsite-2022-6">Here's what else they're getting into.</a>3. Coatue got off easy compared to peers Tiger Global and Melvin Capital. The tech-enamored hedge fund stuck more cash under its mattress to ride out the latest bout of volatility, <a href="https://www.businessinsider.com/coatue-is-down-17-boosted-cash-exposure-to-80-percent-2022-6">something founder Phillippe Laffont is known for during trying times</a>.4. Meet Rich Latour, BlackRock's global head of content, and its official fire extinguisher. The world's largest money manager wants to set the record straight, and to do that, <a href="https://www.businessinsider.com/blackrock-social-media-tiktok-2022-5">Latour's dragging the archaic world of investing toward uncharted territory like TikTok</a>.5. Klarna's sweetening severance for employees it recently canned. The BNPL fintech slipped from tech darling to villain after cutting about 10% of its roughly 7,000-strong staff last month. Now, <a href="https://www.businessinsider.com/klarna-updated-severance-package-layoffs-similar-to-airbnb-2022-6">Klarna's bumping up its "kthxbye" paychecks to at least 14 weeks pay, from six</a>.6. Array's CEO dropped some very personal names to avoid being blacklisted by payments processors, according to a lawsuit. Martin Toha, chief exec of the so-called "fintech for fintechs," is <a href="https://www.businessinsider.com/former-array-exec-claims-payments-blacklist-lawsuit-2022-6">accused of using his kids' mothers' names to bypass a blacklist</a>.7. Adam Neumann's back — this time trying to make "Goddess Nature Tokens" a thing. The ousted WeWork founder and his wife Rebekah Neumann are launching Flowcarbon, a startup aimed at <a href="https://www.businessinsider.com/wework-adam-neumann-startup-carbon-credits-goddess-nature-tokens-trading-2022-6">using blockchain tech to let businesses trade carbon credits using crypto</a>.8. Citi's bracing for $50 million in losses following last month's fat-finger debacle. It's not as severe as<a href="https://www.businessinsider.com/citibank-revlon-loan-900-million-mistake-payment-how-it-happened-2021-2"> the $900 million Revlon error</a>, but similarly face-palm worthy. A Citi trader in London mistakenly added a zero to a trade, <a href="https://www.bloomberg.com/news/articles/2022-06-02/citi-s-fat-finger-trade-seen-costing-bank-more-than-50-million?utm_medium=email&amp;utm_source=newsletter&amp;utm_term=220602&amp;utm_campaign=author_17510379&amp;sref=ipW5reFz">causing what's known as a flash crash across European markets</a>.9. Bank of America could pay about $645 million to FC Barcelona for part of the Spanish football giant's TV rights. It's another sign of US influence in European sports, but <a href="https://www.bloomberg.com/news/articles/2022-06-03/barcelona-in-talks-to-sell-tv-rights-to-bofa-confidencial-says#xj4y7vzkg?sref=ipW5reFz">this deal's more indicative of Barca's ongoing cash crunch</a>.10. Wells Fargo is progressing on being more progressive, but Wall Street's way off Main Street. The bank increased its share of women, Black, and Latino execs, however, <a href="https://www.businessinsider.com/wells-fargo-diversity-report-shows-gains-but-that-challenges-remain-2022-6">the higher up you go, the whiter it gets</a>.On today's docket:<ul><li>John Rainey's reign as Walmart's new CFO starts today. Rainey will take over from Brett Biggs. As CFO of one of Wall Street's most sought-after clients, <a href="https://corporate.walmart.com/newsroom/2022/04/12/walmart-names-john-rainey-new-chief-financial-officer">Rainey can bank on a deeply-filled inbox this week</a>.</li><li>BofA Securities is hosting an <a href="https://gems.bankofamerica.com/public/OnlineRegRedirectServlet?dispatch=checkRegistrationStatus&amp;eventId=9H%2FbgU6QmdU%3D&amp;site=client#/overview/login">electric vehicle charging summit.</a></li></ul>Keep updated with the latest business news throughout your day by checking out <a href="https://link.chtbl.com/therefresh">The Refresh from Insider</a>, a dynamic audio news brief. <a href="https://link.chtbl.com/therefresh">Listen here.</a>Curated by Aaron Weinman in New York. Tips? Email <a href="mailto:aweinman@insider.com">aweinman@insider.com</a> or tweet <a href="https://twitter.com/aaronw11">@aweinman11</a>. Edited by Hallam Bullock (tweet <a href="https://twitter.com/hallam_bullock">@hallam_bullock</a>) in London.

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Ousted WeWork founder Adam Neumann wants to put carbon credits on the blockchain with 'goddess nature tokens' to combat climate change

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Adam Neumann's climate startup is quietly refunding investors after failing to launch a crypto token, report says

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Adam Neumann is back with a new crypto-climate scheme

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WeWork co-founder's startup gets valued at $1 billion even before launch

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Wall Street: Yet another SoftBank SPAC mess

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