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So far. number one. facebook scandals, which sows distrust. facebook reveals it exposed 87 million users to a third-party app. it angered users, advertisers, lawmakers, and investors. it was a hit to facebook s reputation, already tarnished for spreading misreputation and allowing election meddling. it led to an apology tour from mark zuckerberg. i started facebook, i run it. at the end of the day, i am responsible for what happens here. facebook promised to spend billions to put privacy first. users like that. investors didn t. facebook just suffered the biggest single-day loss for any public company in history. in one day, facebook lost $119 billion in market value. ....
Billions to put privacy first. users liked that, investors didn t. facebook just suffered the biggest single-day loss for any public company in history. in one day, facebook lost $119 billion in market value. tackling its problems will cut into facebook s profits for years to come. but the company says it s necessary to improve its platform and regain our trust. richard, christine, thanks so much. newsroom with dana bash starts right after this. like sweaty od. yup, he s gone noseblind. he thinks it smells fine, but his mom smells this. luckily for all your hard-to-wash fabrics. .there s febreze fabric refresher. febreze doesn t just mask, it eliminates odors you ve. .gone noseblind to. and try febreze unstopables for fabric. with up to twice the fresh scent power, you ll want to try it. .again and again and maybe just one more time. ....
Doesn t react well. dave. jomana karadsheh live for us this morning in istanbul. let s get a check of cnn money. global stocks higher today after what was a mixed day on wall street. the dow closed higher after the u.s. and eu said they would work together on trade. the s&p and nasdaq fell because of facebook. facebook shares plunged 19% yesterday. it plans to spend billions of dollars on security to cut into profit for years. that drop is a $119 billion drop in market value. the single biggest day loss for a company ever. facebook s drop hit the tech sector. tech should rebound due to amazon. topped $2 billion for the first time. it is staggering increase of more than 1,000% from last year. for amazon, the third quarter in a row to make $1 billion in ....
To china. without that tariff bump, economic growth is closer to 2.5%. the gop tax cuts are due to the growth with boosting consumer spending. in the obama years, you had 4.4% gdp growth. reaching 5%. global stocks higher after a mixed day on wall street. dow closed higher after u.s. and eu working together on trade. we look over the nasdaq and s&p 500 which fell because of facebook. facebook shares plunged 19% yesterday. facebook will spend billions on security to cut into profit for years. necessity to invest, but that investment will cost money. that drop is a $119 billion drop in market value. the biggest single day lost for ....
Facebook loses $119 billion in value. why and what s next? good morning. welcome to early start. i m christine romans. i m dave briggs. the gdp numbers could be big. some think four or five. the bad news is top of mind for the president. breaking overnight. revelation that could change the course of the russia investigation. sources tell cnn trump s former lawyer michael cohen claims mr. trump knew in advance about the june 2016 meeting in trump tower. the meeting where the trump team expected russians to deliver campaign dirt on hillary clinton. cohen s claim, if true, would contradict, no fewer than 15 denials by the president and administration and family and lawyers. for example, these. did you know at the time of the meeting? i didn t know anything about the meeting. it must have been a very ....