WeWork (WE) files for Chapter 11 bankruptcy protection. WE reported liabilities ranging from $10B-$50B. Renita Young discusses this as, as well as how SAG-AFTRA rejects the latest Hollywood Studios proposal. The union said that they couldn’t agree on “several essential items” during negotiations including A.I. guidelines. The studios claim they put forth the “last, best, and final offer” and won’t make further concessions. Tune in to find out more about the stock market today.
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