More on his life and story at oracle. Making the rounds a day after telling georgetown students and vanek faculty wont Police Political speech, Mark Zuckerberg made the rounds. Rst or top story bloomberg has learned that softpa bank is putting together a financial play for wework. It may value it below 8 billion. That is far blow. It has been considering plans from different areas. Joining me to discuss is a partner from manhattan ventors, and Sarah Mcbride who is who has been tireless on all things softbank. What about this . It is even lower than expected, around 8 billion. That come pairs to around 47 billion at the start of the year. So a huge drop there in under 12 months. Andrea, if you take a look at 8 billion, are we getting closer to fair value . I think we are. Overall, something i like to onsider, being in a late venture espys, what will carry over to retail . Wework has a real business, but there is still time. Valuation billion something that could work with a retail i. P.
More on his life and story at oracle. And making the rounds a day after telling georgetown students and faculty he wont Police Political speech, Mark Zuckerberg talks to political outlets. What he had to say. First, our top story. Weworks valuation sinking lower. We have learned that softbank is putting together a financial play for wework. It may value the company below 8 billion. That is a fraction of the valuation it commanded as recently as january. Since its initial public offering, they have been considering plans from softbank and j. P. Morgan chase. A partner from manhattan vendors, and sarah mcbride, who has been tireless on all things softbank. What did we learn about this new valuation . Lower thans even expected, around 8 billion, and as you said, that compares to around 47 billion at the start of the year. A huge drop in under 12 months. You take a look at 8 billion, are we close to fair value . Andrea i think we are. Overall, something i like to consider, being in a late
Around. What it means for both disney and its ceo, bob iger. Plus keybank seeing an opportunity in one beaten down sector. Why investors should, quote, close their eyes and just buy utilities. That is coming up. But first, lets dig a little deeper and further into todays market action. As you can see, its generally negative, but we did see a little bit of slight positivity at one part today and the dow industrials down 0. 1 and well off the session lows and the s p 500 4303. At one point we were up five points for the s p and down 25 roughly at the lows so you can see it is toward the upper end of the dra day trading range and the nasdaq composite the laggard down onethird of 1 and 13,383 for the composite trade. The unrest in the middle east is carrying through for many key parts of the market and a couple in particular are standing up to the upside, crude oil prices and possible supply concerns in the middle east and thats leading to upside moves for oil and Gas Companies like hallib
It vanished. Its not over yet. Severe Winter Weather slams the south dropping bounding hail and heavy rain. As the system rolls east, its bringing with it the threat of tornadoes and heavy snow which could blanket the nations capital. Its all keeping dylan very busy. Golden guys. A fantastic moment for these athletes. That it is. The United States sled hockey team takes down russia at the paralympics and are proudly showing off their gold medals today, this sunday, march 16th. Announcer from nbc news, this is today with lester holt and erica hill live from studio 1a in rockefeller plaza. Welcome to today on this sunday morning. Im erica hill. Im lester holt alongside jenna wolfe and dylan dreyer. Malaysian Airlines Flight 370 missing for nine days this morning. It is, of course, our top story. This morning investigators are taking a closer look at the pilots of that missing jet. They are examining and elaborate Flight Simulator one of the pilots had in his home. They are not, however,
In concord, we have live pictures of the scene you see here on stanwell drive near concord avenue in concord. The large warehouse went up in flames about 1 a. M. Fire was knocked up but it flared up again. At one point 70 firefighters were trying to get a hold on this fire. Nobody was in the building when that fire started. Several investigators now on the scene to determine a cause of that overnight fire. Lets get a check on weather right now with lawrence. These major changes are coming and im happy about it. Yeah. I think most folks are. Its been day after day after day of bitter cold mornings. Today, yeah, its still cold out there. But we can see some improvement. In fact, inside the bay you will see 39 degrees in oakland. 44 in San Francisco. Some of the valleys still dipping into the 20s. But not those cold low 20s that we had just a day ago. Still freeze warnings are up for the interior valleys. Frost advisories inside the bay. Its a cold start to the morning just not as cold as