WeWork Files for Bankruptcy, But the Show Goes On
WSJ What’s News
The Wall Street Journal
4.1 • 4.2K Ratings
🗓️ 7 November 2023
⏱️ 13 minutes
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| 0:00.0 | This episode is brought to you by Krakhan. |
| 0:03.0 | Krypto is like finance, but different. |
| 0:06.0 | It doesn't care when you invest, trade or save, do it on weekends, |
| 0:11.0 | or at 5 a.m. |
| 0:12.0 | Or on Christmas Day, at 5 a.m. or on Christmas day at 5 a.m. |
| 0:15.2 | crypto is finance for everyone everywhere all the time. |
| 0:19.4 | Visit crackin.com slash see what crypto can be to learn more |
| 0:22.8 | don't invest unless you're prepared to lose all the money you invest this is a high-risk |
| 0:26.2 | investment and you should not expect to be protected if something goes wrong We work files for bankruptcy. |
| 0:35.0 | Plus in a major Second Amendment test, |
| 0:39.8 | the Supreme Court considers whether domestic abusers should have access to guns. |
| 0:45.1 | This is in some ways a test of how much the Supreme Court really means it when they say |
| 0:49.8 | we're going to have this very permissive new approach to gun laws. |
| 0:53.4 | And an interest rate rethink down under. |
| 0:56.4 | It's Tuesday, November 7th. |
| 0:58.3 | I'm Luke Vargas for the Wall Street Journal, |
| 1:00.4 | and here is the AM edition of What's News, the top headlines and business stories moving |
| 1:06.0 | your world today. Flexible workplace company We Work has filed for bankruptcy. |
| 1:18.0 | Once the most valuable startup in the US, its aggressive expansion left it with many |
| 1:24.0 | unprofitable locations, especially after it signed hundreds of long-term |
| 1:28.4 | leases at the top of the market in the late 2010s. Rent and interest payments combined swallowed around 80% of the company's annual revenue as of June |
| 1:38.0 | but now reporter Elliot Brown says that We Works fortunes could be changing. |
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