Last. Its monday, december 2nd, 2019. Heres todays eye opener, your world in 90 seconds. Reporter millions of people trying to get back to work after the Holiday Weekend are going to be facing a big challenge. Reporter are you prepare order for all of this . No reporter deadly Winter Weather threatens millions. It is really crazy out here. Go on come on. It was all like compacted ice and chunky like driving down a dirt road. Reporter the federal Aviation Administration is investigating a plane crash in south dakota that left nine people dead. Reporter the white house declared tell not participate in the first impeachment hearings before the House Judiciary Committee this week. This is a complete American Waste of time right here. Reporter ten people were shot and wounded near the Popular French quarter in new orleans. We are actively investigating this right now, this very moment. Were recovering any witness footage. Reporter 21 dead in mexico. Miles away from the border with texas. Al
Sources telling Cnbc Softbank is coming to the rescue and will take control of the company. Josh lipton has all the details. Melissa, thats right a new dramatic twist in wework story here cnbc is now reporting that softbank is in advanced talks to take control of wework, thats what sources are telling cnbcs own david faber, a deal could be announced as soon as tomorrow. It is softbank led by japanese billionaire masasan taking control here, after the move softbank would control nearly 80 of wework, prior to the takeover, softbank already invested nearly 11 billion in the company. Softbank economic marcello clarette will be involved in the companys management, former ceo adam newmans stake will fall to low double digits. Last month wework terminated plans to go public the prospectus revealed a huge 900 million loss in the First Six Months of 2019 Corporate Governance practices also causing concern thank you, josh lipton in San Francisco with the latest on wework talk about a down round
Barbara duran from bd8 capital markets. Thank you for joining us today weve got a lot of forces at play again another kind of side waist market, but some Risk Appetite if you look at whats moving higher today i agree with that i think that the action has been very constructive. And i think whats going on is youve seen the earnings expectations come down you had just a little sample last week, but majority of Companies Beat earnings and the most important thing, i think, was jpmorgan and American Express talking about the strength of the consumer in loans and spending and thats really the underpinning to the economy. And so we also know the fed, they have a meeting coming up. Im not expecting them to cut rates, but they have made it clear they stand ready and i think that forms an underpinning for the market. And not to mention china we have a little truce there i think we were all expecting some more down babeat commentar from what weve heard so far but so far, its been okay maybe rest
One hand and a wad of cash and the other and the billboard says, quote, stop Human Trafficking in San Francisco with the image of a child appearing to be kidnapped. Supervisors held a News Conference cist apparently, there are about six billboards like this in the city all done in this cartoonlike style but city leaders breed. Here is what some elected officials say. Its very upsetting. Far too much. The africanamerican woman is in an over sexualized media way and africanamerican men and women are Holding Stacks of money and spending frivolously. This is a gross depiction. I stand with my fellow Asian American colleagues to condemn this racist propaganda and also to say to other voters and especially to for this candidate. This is harmful, hurtful and damaging. Ellen has taken a pathetic page from the trump playbook and that does not play in San Francisco. Our voters are smarter than that. Reporter this was mayor london breeds reaction to the billboard, minutes ago. I think the billboa
They shared fond memories about the murdered 21yearold ole miss students. Authorities in mississippi have released Surveillance Video. Abcs marcus moore is in oxford, mississippi, with the latest on the investigation. Reporter newly released video showing the last known images of ally kostial before her death. The senior at ole miss seen here in a white top and blue shorts leaving a bar near the town square last friday just before midnight. A short time later she would be dead from multiple gunshot wounds. Police say at the hands of classmate brandon theesfeld. Kostials murder has stunned many in this college town. Hes always been a gentleman and been sweet and been kind. Reporter one fellow student says he lived in the suspects freshman dorm. Constantly had to reference his fathers money, how his dad could get him out of anything. Reporter theesfelds father visiting him in jail. Would you like to say anything about his guilt or innocence, sir . Read the constitution. Reporter ally and