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Post nine at the New York Stock ExchangeCarl 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 bil ....
Denville 35. Cold for some and some pockets of fog. Rain city down in southern california, Southern Nevada into arizona. You will encounter rain if youre headed down there. 50s and 60s on those temps today. We continue to follow the morning commute on thursday. It seems almost like a normal but there are some spots that are lighter. This is a look at the bay bridge, its pretty crowded. We dont have a lighter day. We might later on as we have every day this week. Lets take a look at the san mateo bridge westbound 92 also looks good heading from 92 onto that san mateo bridge. The entire commute is not a bad one here as you drive in the east bay that definitely looks better than normal. Lets go back to the desk. New this morning a woman escapes injury after her car went down an embankment in los gatos. The Santa Clara Fire Department in chp received a report about ....
Stuff. laughter last month, their governor mccrory signed legislation allowing discrimination based on sexuality. Now time for the backlash. Bruce sprinsteen is refunding concert tickets in protest of the North Carolina law. Canceled a sold out show in greensboro friday explaining on facebook some things are more important and the fight against prejudice and bigotry is one of them. Trevor few things more important than a rock show. This is bitter tweet for gay and transgender friends in North Carolina. If they had tickets, they dont get to go this concert is one thing i have to look forward to while living here. This is great. More power houses are standing up against North Carolinas law. You can feel the movement building. The movement may have just reached a climax. North carolina facing another boycott over a controve ....
Its blocking any computer in North Carolina from accessing its videos. Trevor oh, no laughter one web site blocked porn . how are they going to get their porn now . now theyre going to have to go to the library to get all their porn . aw. National geographic, here we go again you know the most interesting part about this . Xhampster released its numbers and showed last month North Carolina had 400,000 hits for the term transsexual and over 300,000 for gay. Surprisingly, only one search for transsexual hamster, ande i was just curious if it was a thing. laughter and it is a thing. laughter lets talk about something that happened over the weekend here in new york city. But first, does everyone here know what cp time is . Audience yes. Trevor yes . And that side is, like, no. Well, for those of you who dont know cp time, for those of you who dont know is a slang term for colored ....