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.

More In Business

Stocks Jump After Job Report Shows Slowing in Hiring

Stocks jumped Friday after a jobs report showed a higher slowdown in hiring, giving hope to an end in rate hikes.

Study: Gender-Diverse Workplaces More Productive

A new study found greater productivity in companies with a higher gender balance.

Apple Beats Expectations in Latest Quarter

Apple posted better-than-expected profit and revenue in the latest quarter but said sales dropped for the fourth straight quarter, including a drop in revenue for iPads and iMacs.

FTC Accuses Amazon of Using Algorithm to Inflate Prices

The Federal Trade Commission is accusing Amazon of using an algorithm to raise prices for some of its products, thereby causing other shopping sites to do the same.

U.S. Adds 150,000 Jobs in October; Unemployment at 3.9%

The Labor Department reported the U.S. economy added 150,000 jobs in October, down from an adjusted 297,000 jobs added in September.

Biden to Host Supply Chain, Migration Summit

President Biden is gathering leaders from countries across the Americas to discuss supply chains and migration issues.

Justice Department Investigating Live Nation

Justice Department Investigating Live Nation

Jury Deliberations Begin in Sam Bankman-Fried Trial

Jury Deliberations Begin in Sam Bankman-Fried Trial

Stretching Your Dollar: When to Begin Planning for Retirement

When to begin retirement planning.

Stretching Your Dollar: How to Save While Going Vegan

How to save while going vegan.

Load More