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On monday, wework pulled the plug on its ipo, at least temporarily. The new coceos of the Office Space Company say they want to focus on the core business before going public, which they still plan to do sometime in the future. Wework has been burning through cash and now plan thousands of job cuts. Kurt wagner spoke to wedbush analyst dan ives and bloombergs ellen huet, who covers the company. Ellen it is official. The ipo will be put on hold. So they said this morning theyre going to be pulling it, that confirms a lot of the reporting we have had in the last week or two which is that the ipo...

We will break down all the numbers for you. And, microsoft stopped making phones years ago, and now its back with a new model that will run on googles android system. Is now the time to get back into the slowing Global Smartphone market . But first, to our top story. On monday, wework pulled the plug on its ipo, at least temporarily. The new coceos of the Office Space Company say they want to focus on the core business before going public, which they still plan to do sometime in the future. Wework has been burning through cash and is now planning thousands of job cuts. They will put some of th...

Trade war. We also have a bloomberg exclusive. We will hear from a top huawei executive as the Telecom Giant remains on the blacklist. Dropping all tria after the dow jones reported the u. S. Federal trade commission is investigating the marketing practices of juul. Invested 13 billion into the popular ecigarette maker. Regulators are investigating whether juul engaged in deceptive marketing. In addition, juul was named in documents by the u. S. Food and Drug Administration as it investigates whether ecigarettes can trigger seizures. Joining us is our Bloomberg News andth care policy reporter ...

The s p 500 rises and bonds tumble. Wework is said to have slashed valuations in its upcoming share sale. Shery lets get you started lets get you a quick check on how markets closed. We have equities rallying, treasury yields rallying, strong Economic Data. The s p 500 jumped to the highest level in five weeks. It actually broke above its 50day moving average. Tech shares led the gains. From thest losers trade tensions between china and the u. S. We also have banks rallying as we saw the twoyear yield at one point seeing the biggest jump in about a decade. The focus is shifting toward that we ...

Well see whether or not we keep our meeting in september. If we do that, fine. If we dont, thats fine. Time that somebody does what were doing. This comes after the said new tariffs on chinese imports will take effect september 1. Shattering a truce reached with the chinese president weeks earlier. Senate Majority Leader Mitch Mcconnell says Gun Legislation will be at the top of the agenda from theirers return august recess. In the wake of several mass shootings, mcconnell says the look at expanded background checks. Also on the table, socalled red to keep guns away from dangerous people. Mcco...