WeWork might be worth just half of its former $47 billion valuation

WeWork has faced nagging questions about whether it is overvalued. | Jonathan Brady/PA Images via Getty Images WeWork appears to be listening to its critics. The office-rental company WeWork could end up being valued at less than half of what it is currently “worth” when it ends up going through with its much-watched IPO. The startup has long faced nagging questions about whether it’s been overvalued. According to a series of reports on Thursday, WeWork,…

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Hurricane Dorian photos: the aftermath of a Category 5 storm

An aerial view of damage caused by Hurricane Dorian is seen in Marsh Harbour on Great Abaco Island on September 4, 2019 in Great Abaco, Bahamas.  | Scott Olson/Getty Images) “We are in the midst of a historic tragedy,” the prime minister of the Bahamas said. Hurricane Dorian hit Grand Bahama Island as an incredibly powerful Category 5 hurricane on Sunday night with howling 185 mile-per-hour winds. Then it basically camped over the island. For…

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Trump is taking money from Puerto Rico’s recovery and European security to fund his wall

Salvadoran migrants wait for a transport to arrive after turning themselves into US Border Patrol by border fence under construction in El Paso, Texas on March 19, 2019. | Paul Ratje/AFP/Getty Images Even West Point and schools for kids are impacted. A National Guard readiness center in Puerto Rico. A hazardous material storage building on a US military base in Germany. A training facility for special operations forces working to deter Russia in Europe. Upgrades…

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Pound euro exchange rate: GBP/EUR rises as no-deal Brexit fears recede

The pound euro exchange rate rose by around €1.114 today as GBP investors celebrated the passing of an anti-no-deal Brexit bill through British Parliament last night. The bill passed both first and secondary votes and will now move to the House of Commons for assent. The pound euro exchange rate rose by around €1.114 today as GBP investors celebrated the passing of an anti-no-deal Brexit bill through British Parliament last night. The bill passed both…

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Facebook, Pinterest, and YouTube are cracking down on fake vaccine news

We don’t actually know how big a contributor social media is to the anti-vaccine problem, or whether it’s changing people’s behaviors and causing them to turn away from immunizations. | Joe Raedle/Getty Images But it’s not clear how much influence social media has over parents refusing vaccines for their kids. Facebook is changing how users see vaccine content — part of an ongoing effort by social platforms to correct, block and minimize vaccine misinformation amid…

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Pound US Dollar exchange rate: Brexit optimism buoys GBP/USD as Jo Johnson Resigns

This afternoon, the pound rose against the US dollar with the pair currently trading at around $1.232. The pound hit a five-week high against the US dollar today as the Prime Minister’s brother, Jo Johnson announced his resignation as a minister and MP, citing “tensions between family loyalty and national interest” as the reason for his decision. This afternoon, the pound rose against the US dollar with the pair currently trading at around $1.232. The…

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