Hostess Judge Approves Motion to Wind Down Company

Nov. 21 (Bloomberg) -- Hostess Brands Inc. won interim approval from a bankruptcy judge to shut down and take steps to sell the Twinkie maker’s assets after mediation with its bakers’ union failed to resolve a contract dispute, leaving more than 18,000 jobs at risk. Julie Hyman reports on Bloomberg Television's "Street Smart." (Source: Bloomberg)

"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
12:51 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)
  • How LeEco Plans to Compete With U.S. Tech Giants
  • 'Trend Toward Protectionism': Ex Ambassador To EU
  • Unity CEO: VR Is in the Early Stages, It'll Be Gigantic