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Once mighty, we work plans to file for bankruptcy.

U.S. infant mortality rises unexpectedly and other unions take inspiration

from the UAW's deals with Detroit automakers.

If somebody scores a big win, others will be more emboldened.

So some airline workers at Boeing have a contact coming up.

A lot of public sector workers, like the Postal Union and others have a contact that's due.

There are grocery workers, hotel workers.

So you're going to see a lot of action next year.

It's Wednesday, November 1st.

I'm Luke Vargas for the Wall Street Journal, and here is the AM edition of What's News,

the top headlines and business stories moving your world today.

We are exclusively reporting that we work is planning to file for Chapter 11 bankruptcy protection

as early as next week.

This comes after the flexible office-based company missed interest payments to its bondholders

and on Tuesday, struck an agreement with borrowers giving it an additional seven days

to negotiate with stakeholders before a default is triggered.

Journal reporter Alexander Gladstone covers financial distress and he told our Keith Collins

about how a company that was once valued at $47 billion ended up here.

...