The private equity giant 3g capital sold 20 million shares but there is a reason behind it. Stocks are set to open slightly lower well start off with that wework news, of course sort of trickling out yesterday, after the close. A delay in the planned Public Offering that has been so, well, such a focus over the last few weeks. As the price at least that wework thought it would get for its shares has rapidly declined over concerns about its Business Model, over concerns about governance, ever since they actually issued the s1, which mr. Cramer didnt take a fancy too, a lot of this goes back to mr. Adam newman, the man who founded the company and runs it. And this has been a chaotic process. Having reported on it now for a couple of weeks, i can sort of tell you ive never seen anything quite like this in terms of the disarray in preparing for a Public Offering. And i guess what was clear and perhaps funlly made clear to them was they werent ready. They were not ready to actually face pot
Up a few showers for places like San Francisco in daly city. The rain will return over the next couple of hours so we will see dry breaks for the morning commute. Here is a look at the north bay you can see highway 1 01 is still light rain. It intensifies as you cross the Richmond San Rafael bridge. Right around the twin peaks of the entire ride over the bay bridge. This rain is moving to the east so we are seeing light rain for interstate 58880 corridor. We are dealing with the very light rain right now if youre heading out the door. Here is a look at arrest of the day. A few showers expected by 8 00 a. M. By noon, we will see light rain for the north. By 3 00 p. M. The rain will intensify and that will carry us into the evening. Here is a look at future cast 4 by noon, light rain along the coastline for places like free my. Take a look at what happens later on in the day by 3 00 p. M. Intense rain for napa and petaluma. We will catch a dry break in the rain will pick up by 7 00 p. M.
Oh wait. No, no, no im so sorry. Donald trump said that. Im sorry. Welcome to morning joe. Happy monday everybody. The emmys were quiet something last night. Were they . Cleaning up. Finally winning. Jn ham finally won. He finally won. He crawled on stage. Quiet a weekend. Who tied the knot this weekend . If you went to that wedding it was like to emmys. Congratulations to the young couple. And the person who stole the show, alex corsin. Do you have video of you dancing . Its on my instagram. Well all dance live. With us on set we have manager of Bloomberg Politics john highland and political analyst and professor at the school of public policy, harold ford jr. And former treasury official and morning joe economic analyst steve. I say it better. With like a purr in my voice. A lot of people trying to figure out how the debates were going to factor in the poles and we found out some of the National Poles which arent as relevant, they talk about big trim lines. And im feeling like this w
Chang. Theres so much happening on capitol hill, i havent mentioned the Health Care Vote or lack thereof. Will there ever be a Health Care Vote . Are they ever going to vote on this new bill . They say they will. Im increasingly skeptical. As i left the hill last night i was talking to my colleagues. We wrote theres a simple thing emerging. Some republicans dont want to repeal obamacare, and republicans were warning us about this back in 2010 and 2011 when democrats passed obamacare. They said, listen, this is a new benefit a lot of americans are getting. Its going to be tough to take it away. Listen, i think they could and might get enough stroets pass this next week, bup it aint easy. President trumps influence on the hill, he was pressing, personally pressing for a vote this week. His influence on the hill is not what he thought it was. Thats a big problem. Again no vote this week which means no victory the Trump White House was hoping for the 100day speech in pennsylvania at the ra
The future of federal Health Care Policy is uncertain this morning after republicans were forced to pull their overhaul plan yesterday. It became clear the votes simply would not be there. To get the bill to the floor and maur Majority Leader Mitch Mcconnell addressed the press. We will not be on the bill this week but were still working toward getting at least 50 people in a comfortable place. Mr. Leader, is your effort to repeal obamacare dead . No, were still talking about it. I remember how challenging it was for the democrats when they were enacting this back in 2009 and 2010. Its a complicated subject. We have a lot of discuss going on. Will your ongoing discussions involve democrats at all . Were not interested so they just werent happy. This is the bus they get thrown under. Pool video shows the president flanked by Susan Collins, Lisa Murkowski and dean heller. Then came this tweet Trump Says Senate has chance to pass Important Health care bill. If it fails, he wont like it an