meta_pixel
Tapesearch Logo
Log in
WSJ What’s News

WeWork Files for Bankruptcy, But the Show Goes On

WSJ What’s News

The Wall Street Journal

News, Daily News

4.14.2K Ratings

🗓️ 7 November 2023

⏱️ 13 minutes

🧾️ Download transcript

Summary

A.M. Edition for Nov. 7. Once the most valuable U.S. startup, WeWork is facing the consequences of an expansion that left it with many unprofitable locations. Journal reporter Eliot Brown explains that while its chapter 11 filing caps a remarkable fall from grace, WeWork's fortunes could be changing. Plus, Jess Bravin describes how a case at the Supreme Court could test whether domestic abusers should have access to guns. And, voters go to the polls today in a number of U.S. states in an early pulse check heading into next year’s presidential election. Luke Vargas hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

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.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Wall Street Journal, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Wall Street Journal and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.