Open enrollment a time for choices and a time for scams. I'm David Brancatia.

First, the shared office-based company we work has filed for bankruptcy protection.

Once valued at tens of billions of dollars, it has faced

mismanagement, heavy debt, and the shift to working from home. Marketplace's Nova Safo reports.

We Works bankruptcy is not a surprise. In August it warned that it may not be able to stay in business as more people worked remotely and fewer used its co-working spaces.

The company spent years trying to turn its business around after a disastrous attempt to go public in 2019,

during which investors questioned the company's governance and heavy spending.

It improved its finances in the years since and is now a publicly traded company.

But it's also taken a huge pandemic hit, having to keep making monthly payments on expensive

office leases, even as some locations sit largely empty.

In its last quarterly report, We work said paying for office space consumed 74% of its income.

Its stock has lost nearly all of its certain locations. I'm Nova Savo for Marketplace. While China's imports

surprisingly moved up in October, exports fell more than anticipated. So

maybe the world will use less oil. Crude is down 1.8% now below $80 a barrel. Are college athletes really

employees of their colleges and universities? That's the question at the center of

a case involving the

University of Southern California a judge with the National Labor Relations Board

will begin hearings today which could change college athletics as we know it

marketplaces Henry Epp reports.

Under federal law, someone is considered an employee.

If they are working under the control of an employer and usually that's for some kind of compensation.

Risa Liberwitz, a professor of labor and employment law at Cornell, says it's a broad definition.

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