UBS Losses, Civilian Life & Death Inside Gaza & WeWork Bankruptcy

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) UBS has posted a net loss of $785 million for the third quarter, it's the bank's first loss since 2017. (2) Civilians trapped in Gaza are running out of food, fuel and hope as the US and Israel discuss "tactical pauses". (3) Former high-flying startup WeWork has filed for bankruptcy listing nearly $19 billion dollar of debts. (4) SpaceX is reportedly on track to book revenues of about $9 billion this year across its rocket launch and Starlink businesses. (5) Goldman Sachs is revamping how its asset-management teams get rewarded, boosting their payouts when funds outperform. See omnystudio.com/listener for privacy information.