Business
WeWork Says It ‘Doubts’ It Can Stay in Business
Shares of WeWork Inc. tumbled more than 25% in extended trading after it said there’s “substantial doubt” about its ability to continue operating, citing sustained losses and canceled memberships to its office spaces. Vonnie Quinn reports on Bloomberg Television.
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(Corrects reference to regulatory action at 5:25 in video published Nov. 1.)
Trading volume manipulation, opaque ownership and coordinated trades have shaken confidence in Indonesia’s markets and put the country at risk of being pushed out of MSCI’s major emerging-market indexes. Bloomberg reporting reveals how some brokers engineered activity and inflated the appearance of demand, and why the fallout could drive billions of dollars out of one of Asia’s biggest economies.
https://bloom.bg/4imB8kr
#Indonesia #Markets #Stocks #Business
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Nvidia CEO Jensen Huang was ousted from his post after reports of two affairs, including with one woman who is suspected of spying for China. Ed Ludlow and Mandeep Singh discuss what this means for the future of the company on “Bloomberg Open Interest.”
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Andy Burnham won a decisive victory in the Makerfield by-election, securing a pathway to challenge UK Prime Minister Keir Starmer for his job.
Joe Mayes was at the count, and explains what could happen next.
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Business
Wall Street Week | Nvidia Shakeup, Midwest Stadium Bids, Care Work Gap, India’s Wedding Economy
This week, Illinois and Indiana are competing for one of the NFL’s most valuable franchises and potentially billions of dollars in surrounding development. Plus, an aging population is creating huge demand for care workers while wages and career opportunities struggle to keep up. Later, why weddings are such a large part of India’s economy.
Chapters:
00:01:29 – Nvidia Shakeup
00:11:55 – Midwest Stadium Stakes
00:23:48 – Care Work Gap
00:35:47 – India’s Wedding Economy
00:47:19 – Blue Wave Banking Regulations
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Nvidia’s probe into CEO Jensen Huang, following his admission of an affair with a woman identified in a series of reports as a suspected Chinese spy, threatens to further roil an AI market shaken by concerns about a slowdown in data center spending. Bloomberg’s Anthony Stephens explains.
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@donbernie9346
December 12, 2023 at 11:23 am
unfortunately for wework the pandemic ended its suffering quickly
@donbernie9346
December 12, 2023 at 11:23 am
it should be illegal for CEOs just to run away
@placebo777
December 12, 2023 at 11:23 am
Squeeze
@Smarty2able
December 12, 2023 at 11:23 am
It's a waste of space tbh.
@sauronthegreat5799
December 12, 2023 at 11:23 am
Wework is like scam like Theranos. Neumann should be in prison. Softbank is stupid for sinking billions into this idiotic idea.
@sauronthegreat5799
December 12, 2023 at 11:23 am
We work was the biggest scam ever. Neumann is a conman and scammer who fooled all those investors especially Softbank. They never should've given him billions of dollars as severance pay. Very stupid.
@ntesla4714
December 12, 2023 at 11:23 am
WeOutofWork
@shivamgarg4022
December 12, 2023 at 11:23 am
Where did 12 billion dollars go???😢😮
@AnuragIndia
December 12, 2023 at 11:23 am
Facing 80% loss I'm destroyed mentally… will it recover till 9$
@luismartinez-dg6mg
December 12, 2023 at 11:23 am
we work fue un fracaso desde el principio con mucha deuda y ya k saben tanto cual fue el primer edificio k cerro por falta de pago en el 2012 2013 y fue en Brooklyn
@KevinInPhoenix
December 12, 2023 at 11:23 am
WeWork doesn't.
@AlphaCentauri24
December 12, 2023 at 11:23 am
Newmann was let go with a sweet deal. Lol. The scammer got away with the help of Board.
@sinepari9160
December 12, 2023 at 11:23 am
scam from the start.
@hyunkim8075
December 12, 2023 at 11:23 am
We-used to-work
@lemontadams3029
December 12, 2023 at 11:23 am
Fitch Downgrade a Warning of Looming Debt Crisis; Congress Paralyzed to Act
@RamBo-yh3kz
December 12, 2023 at 11:23 am
Just change your name to "We dont work".
@Sim_Won
December 12, 2023 at 11:23 am
Wedontwork
@GuilleA
December 12, 2023 at 11:23 am
Have you ever been to NYC? Office vacancies over 90%
@SovereignMoney
December 12, 2023 at 11:23 am
I wish they ipo'd the first time.
@navdeepsingh5801
December 12, 2023 at 11:23 am
any hopes on this? Losing significant amounts already…always thought it would make it. Blunder of a management use case.
@caveman4595
December 12, 2023 at 11:23 am
Who cares 💀💀💀💀💀💀💀💀💀💀
@lemontadams3029
December 12, 2023 at 11:23 am
No shit Sherlock! What took them soo long to admit they were DEAD ON ARRIVAL
@Phlegethon
December 12, 2023 at 11:23 am
Lol good
@juliandavidac
December 12, 2023 at 11:23 am
We Fail
@danjohnston9037
December 12, 2023 at 11:23 am
Given that the floor has dropped out of the office space market
Which is kind of a fun image actually 😉
@jdingle8885
December 12, 2023 at 11:23 am
Softbank still own 80% of wework?
@jdingle8885
December 12, 2023 at 11:23 am
Wework should change name to Wehouse. And convert offices to residential spaces. Maybe get government contracts to house migrants.
@aratrex3
December 12, 2023 at 11:23 am
Adam newmann is a blackhole for money. Papa bails him out every time!
@seemev2.0phuckbootube78
December 12, 2023 at 11:23 am
.APLS 👈 pharma down over nothing panic sell off. Bounced back JP Morgan gives 60 for PT. Discount price MACD 1 month bullish trend, weekly and monthly RSI ice cold. Don't miss this big money play 💵💵💵
@terrie001
December 12, 2023 at 11:23 am
Ouch. The party didn’t last very long.
@DonteDiMora
December 12, 2023 at 11:23 am
New plan—scrap it all and make them into apartments.
@mckeesk
December 12, 2023 at 11:23 am
buy 'em!
@ssuwandi3240
December 12, 2023 at 11:23 am
They've been mean with members during the plandemic.. ESG karmas no kidding