Biotech company Biogen lowered its full-year profit forecast, citing higher costs related to its purchase of drug maker Reata Pharmaceuticals as well as the launch of its Alzheimer's drug.
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A Meta Engineer Saw His Own Child Face Harassment on Instagram. Now, He's Testifying Before Congress
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 Suing New Balance and Skechers for Patent Infringement
Nike is suing two of its competitors for alleged patent infringement.

Breaking Down Uber's Latest Earnings and What to Expect This Fiscal Year
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.

Biz Breakdown: WeWork Bankruptcy, Shein Valuation Reports and EV Backup Gas Generator
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 Seeks Bankruptcy Protection in Stunning Fall for a Firm Once Valued at Close to $50 Billion
WeWork has filed for Chapter 11 bankruptcy protection.

Bumble CEO to Step Down
Bumble, the female-focused dating app, announced that Whitney Wolf Hurd, the company's founder and CEO, will step down in January.

WeWork Files for Bankruptcy
WeWork officially has filed for bankruptcy.

What You Need to Know About VA Loans
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 Mixed After Last Week's Rally
Stocks were mixed in Tuesday's early session as Wall Street came off a strong rally last week.
