Michael Wolff's new book, "Fire and Fury Inside the Trump White House" was released today, well ahead of schedule. News and energy around the book are high, especially for a non-fiction book. While the book focuses on Trump and how he runs his White House, some argue that the biggest losers from the book may be former White House adviser Steve Bannon.
Kurt Bardella is an opinion contributor at USA Today. The former Breitbart News contributor has since left the publication and also the Republican party. Bardella joins Cheddar to explain why this book could mean the end of many aspects of Bannon's career. Since excerpts have been released, Bannon and Trump have had a public falling out, the Mercer family has seemingly written him off, and his position at Breitbart is in jeopardy.
Bardella notes that Trump also has a lot to lose from the book. Some of the more shocking accusations and tidbits revolve around the President's mental health. Bardella believes its a matter of time before those allegations are looked at more seriously.
Nestle is reportedly investing $100 million in food delivery startup Wonder Group.
Arturo Béjar testified before a Senate subcommittee on Tuesday about social media and the teen mental health crisis, hoping to shed light on how Meta executives, including Zuckerberg, knew about the harms Instagram was causing but chose not to make meaningful changes to address them.
Nike is suing two of its competitors for alleged patent infringement.
Uber missed analysts' projections for earnings per share and revenue this past quarter. Cheddar News takes a closer look at the numbers and explains what to expect for the rest of the fiscal year.
Cheddar News breaks down some of the top business stories to look out for, including WeWork's bankruptcy filing and fast-fashion retailer Shein reportedly expecting a $90 million valuation upon its market debut. Plus, a new EV truck will have a backup gas generator.
WeWork has filed for Chapter 11 bankruptcy protection.
Bumble, the female-focused dating app, announced that Whitney Wolf Hurd, the company's founder and CEO, will step down in January.
WeWork officially has filed for bankruptcy.
With interest rates high, housing inventory low and Veterans Day just around the corner, Cheddar News took a look at how the current market is impacting those who served and continue to serve our country. Patton Gade, national director of military lending with UMortgage, explains how a VA loan works, its benefits and what's involved in the process of purchasing a home.
Stocks were mixed in Tuesday's early session as Wall Street came off a strong rally last week.
