Yet another study is shedding light on Uber's low wages. An Australian analysis shows Aussie Uber-x drivers earn on average less than fifteen dollars per hour. That's roughly three dollars less than Australia's minimum wage. The author of the study claims Uber's market value benefits from the drivers' low incomes and would collapse without it.
The Weinstein company can't seem to sell. According to lead investor Maria Contreras-Sweet, the company turned down a $500 million dollar offer to sell the majority of its assets. That deal was originally agreed upon, but was called off when the investors discovered the company was in more debt than they thought.
Barbie is honoring International Women's Day.
the brand is launching 17 new dolls honoring some very inspiring women. the new additions to the she-ro program features 3 historical figures and 14 modern day women including Olympic gold medalist Chloe Kim, Wonder Woman director Patty Jenkins, and conservationist Bindi Irwin.
Management employees who work for AT&T are now being offered paid time off to care for their loved ones.
Jade Warshaw, personal finance expert and co-host of 'The Ramsey Show, joined Cheddar News to provide tips on how to save on engagement rings and to look at cheaper alternatives.
As the country watches the financial situation and monitors decisions from the Federal Reserve, many may be re-evaluating what to do with their money, with interest and mortgage rates at some of the highest levels seen in decades. Mark Hamrick, Washington bureau chief and senior economic analyst with Bankrate, joined Cheddar News to provide tips on your money management as monetary policy continues to change.
A Dutch recruitment firm found that only 42% of employees who have been laid off this year actually received severance, down from 64% who received severance in 2021.
Direct deposit delays due to a human error that happened last week have resulted in some customers still not receiving their paychecks.
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.
