Now 11, clashes between police and agitators in oakland during a second night of unrest in the bay area. Fire crews try new tactics to contain one of three massive wildfires burning in the bay area. Northbay businesses hit twice by covid closures and wildfire evacuations working to bounce back. Everybody is eager to have some sort of sense of normality. We start with breaking news as we take a live look at oakland the police have declared unlawful gathering underway in the downtown area. Oakland Police Tweeted out these videos of people in the crowd, chucking Water Bottles at police and pointing a green laser at officers. The clash is playing out in the area of mande night and grand avenues just off 580. The also reported rocks being thrown at him and protesters being shields as weapons. Police warning that violators will be arrested. It remains unclear if anyone has been and we will can do to monitor this protest. Tonights protest comes on the heels of more than one dozen demonstrator
Joins me. Dent his new venture. And, the head of colibra, david marcus, joins us for an exclusive interview. Continues to, continues to captivate investors. Easing weoptions for works cash crunch. Continuedon the turmoil at we work is bloomberg s leon a baker who has been covering all the facets of the story. Talk to me about the softbank side of this. They are hiring some bankers with the restructuring. What are they hoping to get . It doesnt seem like there is an investment banker right now who is not on the we work situation. They are working with houlihan loki, soft , restructuring specialists. They want to make sure that the assets are ok, that they understand where the leases are, what is the value. They are brought on to help softbank figure out if it wants to plow more money into we work. The we work board has hired another boutique investment bank, advising Board Members on wework should take. Should they take a risky highyield bond package that j. P. Morgan is organizing . Tw
Surprise. We have details and previews of the rest on deck. Another week of head scratching over wework. Investors wonder if jpmorgan or softbank will rescue the company. And cryptocurrency crusader. Facebooks david marcus sits down with us to talk about the embattled libra Digital Currency project as well as regulatory hurdles. Tech earnings started in earnest this week with netflix being one of the most highly anticipated. The streaming giant impressed wall street amidst stiffer competition. Growth contributed to a positive report despite u. S. Subscribers falling short. Revenue climbed 31 to 5. 2 billion. I dug into the details with bloombergs lucas shaw. I think this story is that investors were clearly worried netflix would have another bad quarter. They disappointed in the second, they added a few million andomers than expected, investors expected another bad one. One i spoke to said that sentiment was awful. Yet they come in right around expectations. They missed in the u. S. ,
Company. We will have the latest. And cryptocurrency crusader. Facebooks david marcus sits down with us to talk about the embattled libra Digital Currency project as well as regulatory hurdles. Tech earnings started in earnest this week with netflix being one of the most highly anticipated. The streaming giant impressed wall street amidst stiffer competition. International growth contributed to a positive report despite new u. S. Subscribers falling short of estimate. Revenue climbed 31 to 5. 2 billion. I dug into the details with bloombergs lucas shaw. Lucas i think the story is that investors were clearly worried that netflix would have another bad quarter. They disappointed in the second. They added a few million customers fewer than expected, and investors expected another bad one. One i spoke to said that sentiment was awful. Yet they come in right around expectations. They missed in the u. S. , but they were above internationally, and that is where netflix has been telling people
Independents, 2027488002. You can also send us a text message. That number, 2027488003. If you do, please include your name and where you are from. Otherwise, catch up with us on social media. On twitter it is cspanwj. On facebook it is facebook. Com cspan. A very good wednesday morning to you, you can start calling in now. It was expected to be the most highprofile testimony of the week and there is plenty of reaction to get to. It was a nine hour deposition and most of the reporting comes from the Opening Statement that William Taylor made yesterday. It was a 15page Opening Statement obtained by the Washington Post and other news outlets. Here is a bit of what William Taylor told lawmakers at the outset of his testimony. He said Gordon Sondland told me that President Trump had told him he wants ukraine president zelensky to state ukraine will investigate the Energy Company where joe bidens son had worked and alleged ukrainian interference in the 2016 election. Ambassador sans len tol