Cheddar News breaks down some of the top business stories to look out for, including WeWork's bankruptcy filing and fast-fashion retailer Shein reportedly expecting a $90 million valuation upon its market debut. Plus, a new EV truck will have a backup gas generator.
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Weekend Box Office Results
It was a busy box office this past weekend with several new movies in theaters. Cheddar news breaks it all down.
Cruise CEO Kyle Vogt Resigns Amid Safety Review
The CEO of robo taxi company Cruise, Kyle Vogt, has resigned.
Stocks Open Higher to Kick Off Holiday-Shortened Week
Stocks opened higher Monday after the market came off a strong week and ahead of Nvidia's earnings on Tuesday.
Zoom to Report Latest Quarterly Results
Zoom to Report Latest Quarterly Results
Microsoft Hires Sam Altman, and OpenAI's New CEO Vows to Investigate His Firing
Microsoft has announced that it's hired Sam Altman and another co-founder of ChatGPT maker OpenAI after they unexpectedly departed the company days earlier in a corporate shakeup that shocked the artificial intelligence world.
Why Americans Feel Gloomy About the Economy Despite Slowing Inflation, Low Unemployment
Many factors lie behind the disconnect, but economists increasingly point to one in particular: The lingering financial and psychological effects of the worst bout of inflation in four decades.
IBM, Disney, Others Pull Ads From X Over Antisemitic Posts
Advertisers are fleeing social media platform X over concerns about their ads showing up next to pro-Nazi content, hate speech on the site in general or billionaire owner Elon Musk’s own posts endorsing an antisemitic conspiracy theory.
Big Business This Week: OpenAI Shakes Up Microsoft, Amazon and Hyundai Team Up, and More
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
ChatGPT-Maker Open AI Pushes Out Co-Founder and CEO Sam Altman, Says He Wasn't 'Consistently Candid'
The board of ChatGPT-maker Open AI said Friday it has pushed out its co-founder and CEO Sam Altman after a review found he was “not consistently candid in his communications” with the board.
