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Falling revenue numbers. And a waiting impeachment, why big tech in the United States could be hoping that president trumps political problem could be their gain. Ut first, to our top story, it is official, wework is pulling the plug on its ipo at least temporarily. New coc. E. O. s of the Office Space Company want to focus on its core business public which they still plan to do at some point in the future. Now wework has brought in cash, planning thousands of job cuts and putting some of its sale. Sses up for joining us to discuss we have ellen hewitt who covers the company. Ellen, this story has been the ing dramatically over past few weeks. What is the latest from this morning . Llen its official, the ipo is going to be put on hold, so they said this morning that it, re going to be pulling that confirms a lot of the reporting we had in the last week or two which is th ....
Why Tech Companies in the United States are hoping president trumps political problem could be there again. It is official. Wework is pulling the plug on its ipo, at least temporarily. New ceos coceos of the company want to focus on its core business before going public, which they still plan to do at some point in the future. Wework has been burning through cash. It is now planning thousands of job cuts and will put several of its businesses for sale. Ellen, i want to start with you. This story has been evolving dramatically over the last few weeks. What is the latest from this morning . It is official it is official. The ipo will be put on hold. That confirms a lot of the reporting we have had in the last week or two, which is that the ipo is unlikely to happen in 2019, likely to be pushed until next year. They are going to be spending the next few months with these new coce ....
launched by summit president sultan al jaber, saying they clearly fall short of what is required. countries and oil companies at the un climate talks have promised to make major progress in tackling global warming in a large new energy pledge. around 100 countries promised to treble world renewable energy use by 2030. but guterres points out the agreement says nothing about eliminating emissions from fossil fuel consumption. let s fill you in more detail in the comments by the chair of cop28, the sultan al jaber, as my colleague explains. he is the cop28 president, sultan al jaber. it is also the president of the abra diary national oil company. but it has been controversial. greta thunberg the climate campaign according completely ridiculous, than the british but the british government has defended him. one of the key architects of the 2015 paris agreement has also defended his appointment saying that he and his team are uniquely placed to persuade the fossilf ....
The subcommittee on environment and Climate Change will now come to order. Today the subcommittee is holding aomd hearing entitled o time to Waste Solutions for americas broken recycling system. Due to the covid19 Public Health emergency todays hearing is being held remotely. All members and witnesses will be participating via videoconferencing. As part of our hearing microphones will be set on mute for eliminating inadvertent backgroundme noise. Members v and witnesses will ned to unmute your microphone each time you wish to speak. Since members are participating from different locations at todays hearing all recognition of members such as for questions will be in the order of subcommittee seniority. Documents for the record can be sent to the email address we provided to staff. All documents will be entered into the re ....
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