Uber ceo says they have plans. And digital fallout after democratic president ial candidate Elizabeth Warren posted a deliberately false ad on facebook. Separating fact from fiction. But first, to our top story. Is considering handing over control to softbank. They are convinced they can turn around the once highflying started. Wework is also weighing financing led by jp morgan. To discuss, i am joined by my , and, ellen, let me start with you. I want to separate the different deals. First, softbank taking control. What can softbank do that the other coceos cannot do . Ellen this discussion going on softbank, itk and is, look, the outlook is not good. More. Interested in doing and if they did take a larger stay, maybe that could change the company, so i think the discussions on the table are about mid to longterm plans, trying to get expenses under control, all of the things that wework has been criticized of. If something were to come in and take control, do we know how much money the
The u. S. Adds 136,000 jobs were added. Thats less than expected. But there are more than 1. 5 million more jobs than unemployed people, changing the job search. And shelter from the trade storm. Htc says its more sheltered from trade tensions than its u. S. Or chinese competitors. We hear from its ceo. But first, our top story. Microsoft is exposing a foreign power for trying to hack into a u. S. President ial campaign. The tech giant says computer hackers linked to the iranian infiltratetried to accounts for a political campaign. Foreign accounts were compromised by the group. To further discuss, im joined by bloomberg executive editor tom giles. So tom, does this show basically that we havent done enough to look at Election Hacking . Tom its going to be a big issue. Election security and protection against foreign interference in an election has been a big issue and it potentially will be an even bigger issue in 2020. All kinds of ways for foreign powers to get in and muck around wi
Company and address investor concerns. The stock is down 30 since is ipo. And stake out digital ad fallout after democratic president ial candidate Elizabeth Warren posted a deliberately false ad on facebook. More on social medias role in separating fact from fiction. But first, to our top story. Wework is considering handing over control to softbank. Bloomberg has learned that the Japanese Investment bank is convinced they can turn around the once highflying startup. Wework is also weighing 5 billion Debt Financing led by jp morgan. To discuss, i am joined by my guests, ellen huet and michelle davis, and, ellen, let me start with you. I want to separate the different deals. First, softbank taking control. What can softbank do that the other coceos cannot do . Ellen this discussion going on between wework and softbank, it is, look, the outlook is not good. We like that you have two new coceos we are interested in , but doing more. And if they did take a larger stake in the Company Mayb
Less than what were expected. But there are more than 1. 5 million more jobs than unemployed people. Changing the job search. Shelter from the trade storm. It is more sheltered from trade tensions than its u. S. Or chinese competitors. E see we hear from its ceo but first, our top story. Microsoft is exposing a foreign power for trying to hack into a u. S. President ial campaign. The tech giant says computer hackers related to the iranian government tried to infiltrate a campaign account. Foreign accounts were compromised by the group. To further discuss, am joined by bloomberg executive editor tom giles. Does this show basically that we have not done enough to look at Election Hacking . Be a big issue. Election security and protection ininst foreign interference an election has been a big issue and it potentially will be an even bigger issue in 2020. All kinds of ways for foreign powers to get in and muck around with u. S. Elections. We saw it here today with microsoft talking about t
College players to make money. A former player tells players be careful what you wish for even though making money off your efforts is part of the american dream. All that and more on making money. So the markets erasing a pretty nice gain at start of trading. Ism came in, ism manufacturing numbers came in lower than expected. Factory activity falling to 47. 8. Just know that in september, that is the low evident reading since june of 2009. It marks the second straight month of contraction in the manufacturing sector. President trump responding with a tweet, calling out the fed yet again, this time calling them quote, pathetic. I will bring in jack ablin, crescent Wealth Management and David Bahnsen. Jack, start with you. Nevertheless we started up sharply, almost every component of the report in contraction. What do you make of it . It was disappointing. I do think investors were looking for slight weakness in manufacturing. Saw hiring trailing expectations. But to have a number stead