Post nine at the New York Stock Exchange Carl Quintanilla is off, jon fortt is on assignment but were going to begin with wework losses balloons to 1. 25 billion in the last quarter. Roger mcnamee joins us, along with Business Inside henry blodget. Good morning roger, i will start with you losses at wework, the turmoil continues. The thing that scarce me about we work, it could be a trigger of other issues in the market it is huge the scale of investing in unicorns that were i think at best unproven, maybe at worst not real businesses is such that as the stuff implodes, it could take softbank with it. Softbank is big enough to trigger all kinds of issues for the market. Youre scaring people saying it could take softbank with it significant losses, no doubt thats a few steps down the road the saudis are 45 billion in, theyre getting 7 deferred return, and then other investors, it is not clearly softbank at risk in the way you if they blow through enough money, it signals a fundamental c
Drama on americas got talent. Gabrielle union reacting overnight reportedly fired along with Julianne Hough as a new report claims the popular judges had complained of a toxic culture at the show. Dwyane wade now coming to his wifes defense. Football flu season. The new England Patriots tackling the flu. Eight players missing practice before their big game. Why the virus is hitting so hard so early this year. Its the super bowl of shopping. Get ready for the early black friday frenzy with some major doorbuster deals starting today. The items to check off your list before you even sit down for dinner. And thanksgiving 911. Our allstar team of chefs is here solving your lastminute turkey day dilemmas. Its gma to the rescue with how to upgrade your feast to fantastic for your family. I got all my sisters with me we are family good morning, america. Were so happy to be with you on this thanksgiving. Yeah. Really sold that. Rough weather out there. The kind of weather you just want to watch
Minute right now what we really want to do is talk about the hp xerox. Did we move that up well talk about that now because hp board unanimously rejected that bid from xerox to take over that company its weird it was like a reverse pacman a much Smaller Company buying a much bigger one. 22 a share is not in the best interest of its shareholders and undervalue hp. Letter to xerox ceo they sited the potential impact of outsized debt levels at the combined companys stock. They left the door open with the possibility of acquiring xerox. Looks like it would be a good deal but well take over you it was strange either way combined company same debt . Potentially it was odd when i was reading through the letters. Xerox saying they lined up what they thought could be financing that citi group could eventually get for them that seem like a couple stretches. We havent got the highly confident letter from the drexel days from citi on that. In the meantime, new this morning, fedex ceo fred smith is
James bays has more on this now from new york normally this monthly meeting deals with the grim reality of life inside yemen but it was overtaken by events on the other side of the saudi border one thing we can be certain and that is this extremely serious incident like the traditions of a regional conflict. And the report more that much. With yemen in some way or. None of that. Is good for you. And this is so far in just his 2nd appearance in the Security Council the new u. S. Ambassador made it clear washington believes these didnt stage this attack on the road claims of responsibility have been made but as secretary of state mike pompei all has clearly stated there is no evidence that the attacks came from yemen. Emerging information indicates that responsibility lies with iran are the u. S. Allies still party to the nuclear deal with iran did not apportion blame at the moment were still assessing what happened and who is responsible for the attorneys once this is been stablished we
Invasion in 1945 and a fear of war has been passed for the generations. Today those who witnessed these horrors live on the plane something extraordinary beauty surrounded by coring fs and a unique marine life. Points here in america by that the survivors of well war to sort refuge and its this the now 5 thing to say. Its an epic struggle the pitch these island. People against the greatest military power on the. This is the office of a former governor of all. Otoh my psyche what he has done is create not so much museum. Bought an appeal to the outside world to understand the resistance and all come to understand the suffering. To read its Hidden History it begins in 1945 when the americans invaded his general what call for arriving in okinawa. A 2nd invasion happened 10 years later in what became known as the bulldozers and beignets campaign American Forces seize prime Agricultural Land farmhouses and kill livestock the dispossessed people of all chronometer march the length of japan a