From that period. And tesla owners, they are talking in part two of a bloomberg expansive study, thousands of model three owners. We examine whether parts and services are up to parts. Twitter announces it will stop all political ads on their platform, with the ceo saying its not about free speech. Its about paying for reach. That sentiment wasnt echoed by facebook as they reported earnings and reassured their stance when it comes to political ads. Facebook Ceo Mark Zuckerberg stayed on brand during the Earnings Call. Mr. Zuckerberg i expect this will be a very tough year. We try to do what we think is right, but were not going to get everything right. This is complex stuff. Anyone who says the answers are simple hasnt thought long enough about the nuances and challenges. I get that some people are going to disagree with our decisions. I get that they may have a negative impact on things they really care about. But i dont think that anyone can say that were not doing what we believe or
Joins me. Dent his new venture. And, the head of colibra, david marcus, joins us for an exclusive interview. Continues to, continues to captivate investors. Easing weoptions for works cash crunch. Continuedon the turmoil at we work is bloomberg s leon a baker who has been covering all the facets of the story. Talk to me about the softbank side of this. They are hiring some bankers with the restructuring. What are they hoping to get . It doesnt seem like there is an investment banker right now who is not on the we work situation. They are working with houlihan loki, soft , restructuring specialists. They want to make sure that the assets are ok, that they understand where the leases are, what is the value. They are brought on to help softbank figure out if it wants to plow more money into we work. The we work board has hired another boutique investment bank, advising Board Members on wework should take. Should they take a risky highyield bond package that j. P. Morgan is organizing . Tw
Good thursday morning. Welcome to squawk alley. I am Carly Fiorina with Morgan Brennan and jon fortt. A busy day of earnings, some tech, some not to sort through today, microsoft, paypal, ebay and others on the tape two biggest movers going the opposite way, tesla is surging, twitter is tanking Julia Boorstin and phil will he be lebeau is with us. This is a stock having a rough day, one of the worst days ever as a public company, on pace for the worst month since july, 2018 shares down almost 19 lower despite growing the user base to 145 million active users. The reason it is tanking, revenue and earnings fell short of expectations as technical issues keep them from Fourth Quarter ads. Jack dorsey looked to reassure investors. Unfortunately we had some missteps in our map ads in july and august despite that, saw strong september results and good advertiser momentum. He stressed the commitment to clean up the platform and eliminate abuse. 2020 elections and integrity of the conversation
Talked we will still be uncovering so much talking about refugees and we will talk a little bit about that. Thank you so much. So my book is that is not what i expected this and the reason its not what they expected because it tries to do other things and to tell and intimate history. Just of my life and relationships with other people. With a very intimate introduction and it is an introduction about my life. s i will just jump in and then we can talk some more. My parents and siblings and my grandmother. A thin woman with thin skin and sharp blue eyes like my father he had been separated from his mother during the war and then came to israel years later and moved in with him and then with my mother and him and then with all of us. As long as i could remember in 1981 she lived in the room off of the kitchen. We did not speak much to her she spoke little to us or in general spending weeks listening to the radio. My mother who cooks for her and washes her close resented her. My father w
After the war born in reno find. 3 generations one family on a journey through a recent german history and the bombing. Starts to number 6 on t. W. The Federal Reserve takes us interests Interest Rates down another notch but after its the reduction this year the fed says it will think twice before lowering rates again. Falling tax revenue may force 6 to tighten its belt meanwhile the e. C. B. Chief warns germany to spend spend spend. And fit chrysler in persia thought to be in the fast lane so merge creating a car making tyson valued at 50000000000. 00. Then welcome to d w. The u. S. Federal reserve has cut Interest Rates for the 3rd time this year the central bank lowered the benchmark rate by a quarter of a percent to a range between 1. 5 and 1. 75 percent fed chairman Jerome Powell has been under pressure from President Trump to cut rates to 0 or even lower the Federal Reserve told investors it would cause to reassess the economy before making further cuts. Well in his press confere