Billionaire activist Bill Ackman says WeWork has a ‘high probability’ of being worth zero

Billionaire activist Bill Ackman says WeWork has a 'high probability' of being worth zero

While speaking at the Robin Hood Investors Conference on Tuesday, the billionaire activist investor Bill Ackman said SoftBank might have to write off its entire investment in WeWork, according to the Financial Times.
"I think WeWork has a pretty high probability of being a zero for the equity, as well as for the debt," Ackman said, according to the newspaper.

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‘Friends Talking Faith’ co-host Rev. Bryan Fulwider, accused of child rape, commits suicide

‘Friends Talking Faith’ co-host Rev. Bryan Fulwider, accused of child rape, commits suicide

Well-known pastor Bryan Fulwider, a co-host of the currently suspended “Friends Talking Faith,” has killed himself in the wake of child-rape allegations, police in Florida said.

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Elon Musk offers discounted solar panels and batteries after California blackouts

Elon Musk offers discounted solar panels and batteries after California blackouts

Tesla is offering a discount on solar panels and batteries to people who are affected by wildfire power outages, Tesla CEO Elon Musk tweeted today. More than 2 million people across California have been affected by power outages since October 25th as utility companies try to prevent their power lines from sparking new blazes. A fire just north of San Francisco has already consumed more than 66,000 acres and is only 5 percent under control.

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