With the contract between the United Auto Workers union and the three major carmakers in the U.S. set to expire just shy of midnight, there is a lot at stake, including an already fragile economy. Cheddar News senior reporter Michelle Castillo talked about what the union is seeking in its new agreement and whether or not the big three automakers are willing to concede or meet somewhere in the middle.
Lionsgate announced its studio division is going to spin off in a merger with Screaming Eagle Acquisition Corp., which is a special purpose acquisition company.