comment on speculation. the company has been grappling with losses and debt since 2019 when its plan to go public failed, worrying investors. to our north america business correspondent michelle fleury. well documented problems, that failure to launch and go public in 2019 and here we are potentially from a massive valuation now facing bankruptcy protection. flat from a massive valuation now facing bankruptcy protection. bankruptcy protection. not a surrise bankruptcy protection. not a surprise but bankruptcy protection. not a surprise but at bankruptcy protection. not a surprise but at the bankruptcy protection. not a surprise but at the same - bankruptcy protection. not a l surprise but at the same time bankruptcy protection. not a i surprise but at the same time a stunning full from grace when you consider how big this company was. at one point it had a valuation of 47 billion. you have the pandemic and a shift to remote working and you start to see some of the stru
Offing, occasional minor ones will affect the area moving through the work week. Highs will struggling to get much past the teens and 20s, but we can thank the lack of a deep snow pack to prevent some below zero nights. Thanks kaj. Starting today the iowa utilities board will hold discussions about the Dakota Access pipeline. The meetings this week could end with a decision on whether on not to build a pipeline across the state. The pipeline would start in through 18 counties in iowa and into southern illinois. All of the other states have agreed to let the Company Build the pipeline. There have been several protests over the last year claiming the pipeline will hurt the environment. The first meeting this week is this afternoon at the boards hearing room in des moines. The public is welcome to attend and listen to the meeting, but there will not be any opportunity for public comment. The meeting starts at 1 oclock. Today, two iowa legislative committees will talk about the bill that w
Before midnight on the west side of cedar rapids. Fire crews say they rescued the woman and her two Young Children ages 5 and 3. At 4 this morning, First Responders say they went back to the home because are still investigating how the fire started. A community is gathering to remember 3 People Killed last week. And dickson mandiki, all from the democratic republic of the congo, died in a crash on us highway 30 near keystone early thursday morning. They were among 9 people traveling to tama for work, when the iowa state patrol says their minivan hit ice and lost control. Singing members of the Congolese Community sang prayers and talked about Funeral Plans at the cedar rapids Central Assembly of god church. Say they need as those still recovering from the crash. They also ask for donations to cover burial costs. Together to get more information. Get more information about the information about what the community is going to do in order to plan for their funerals. These people did not h
The japan nikkei was up by another 3. 7 . You see the hang seng and shanghai was up as well. The dax is up by 2 and a quarter . Also check out crude prices which managed to end down by only about 1 yesterday. Up 1. 5 today. Couple big earnings stories this morning. Ibm repeated First Quarter earnings thanks to a double digit increase in arrive from its Cloud Service. Overall arrive falling to a say that again. Falling to a 14 year low. Absolute arrive numbers were what . A 14 year low. Yes, sir. Wow. And how many straight quarters of the arrive decline. Im not going to speak for the company but they would claim some are empty calorie arrive components. But 16. I dont envy what they are trying to do. Difficult, hard work. But 16 straight quarters of arri revenue decline. The Data Analytics and Cloud Business havent been enough to offset declines. On cnbcs closing bell yesterday, Martin Schroeder explaining the transition is still a work in progress. Traumatic investments in r d but that
Millions in losses and the slow down from new users. Voting is expected to be held within the next six month, and if he win, abdul fatah alsisi will be the sixth military man to rule egypt. Al Jazeera Media Network has been saddled with a list of 20 people pursued by the interim government. The lift is several formal charges. Myself and other staff are on the list, including three of the four journalists in detention. Most are not employees of al jazeera. Al jazeera rejects the charges against his staff. The allegations are, and actions of the Egyptian Authority are extraordinary, unjust and unacceptable. All the videos are available to view online. They can stee that it is accurate, comprehensive and underpinned with quality and integrity. The reports tell all sides of the story. All of our journalists imprisoned should be freed. Its been 40 days since egyptian authorities detained three al jazeera journalists, Mohamed Fadel fahmy, Baher Mohamed and peter greste have been held and acc