Japan’s SoftBank is close to making an investment in U.S. office-sharing startup WeWork expected to be worth over $3 billion, according to CNBC. Fred Katayama reports. Continue reading
Four billion dollars for a multi-year budget for the planes that comprise Air Force One is not going to make a dent in a $4 trillion a year federal government budget, says Max Wolff, market strategist at 55 Capital.
Twitter, Google, Facebook are changing their policies to prevent bullying and improve accuracy. Bobbi Rebell reports.
Yahoo is expected to confirm that a data breach has exposed several hundred million user accounts, according to Recode. Fred Katayama reports.
(REUTERS) – A massive sell-off drove the Dow to shed more than 1,000 points at the day’s low. A bounce back by Apple helped cut the losses but it still closed with the steepest drop in four years.
Sparking the plunge: a further fall in Chinese equities and commodity prices.