Month: October 2019

Bankers who two months ago were fighting for a piece of WeWork’s highly anticipated share sale are now scrambling to just keep the company alive. WeWork and its backers are furiously trying to line up two rescue plans before it runs out of cash as early as next month: one by SoftBank Group, the company’s…

SpaceX has bet its future on a network of small satellites that could beam the internet down to Earth. This month, the company’s plans got a whole lot bigger. Hawthorne-based SpaceX has requested permission from an international regulatory group to operate as many as 30,000 satellites at a specific frequency, power level and location in…

Robert Shapiro, the former chief executive of Woodbridge Group of Cos., received the maximum sentence of 25 years in prison for running a $1.3-billion fraud that caused more than 7,000 retirees and other investors to lose money. Shapiro, 61, of Sherman Oaks, promised returns as high as 10% from investments in loans to property developers.…

View this post on Instagram MARIANNE. About 18 months ago, my friend @valerie_von_sobel suggested that I meet someone she greatly admired, Marianne Williamson, who was interested in commissioning a portrait. We made a date at the Baccarat hotel in New York, over-looking MOMA. Almost before I’d sat down, Marianne announced that she was going to…

TOKYO —  Japan’s government said Wednesday that the death toll from a weekend typhoon that caused widespread flooding has climbed to 63, with another 11 presumed dead. Chief Cabinet Secretary Yoshihide Suga told reporters that another eight people were missing in typhoon-hit areas in central and northern Japan. At least 200 people were injured, 30 of…

WASHINGTON —  President Trump met Tuesday with the parents of a British teenager who was killed in a car crash involving an American diplomat’s wife. The White House declined to say what message the president had delivered, but a spokesman for the family suggested they may have been disappointed by it. “Meeting with President Trump complete,”…

AKCAKALE, Turkey  —  Russia said it was working to prevent a conflict between advancing Turkish and Syrian government forces on Wednesday, as Turkey’s president defied growing pressure and sanctions from Western allies for a cease-fire in northern Syria. Russia has moved quickly to further entrench its leadership role in the region after President Trump ordered…

Here are the stories you shouldn’t miss today: TOP STORIES Elizabeth Warren in the Spotlight A record 12 Democratic candidates took to the debate stage in Westerville, Ohio, last night, and there was one thing they mostly agreed on: denouncing President Trump. Beyond that, they struck a more fractious tone on a range of issues,…

SACRAMENTO —  It was a Sunday tradition at Bethany Slavic Missionary Church. After morning services, Florin Ciuriuc joined the line of worshipers waiting to fill their jugs with gallons of free drinking water from a well on the property, a practice church leaders had encouraged. “I take it for my office every week,” said Ciuriuc, a…

WASHINGTON —  Nearly 300 drinking water wells and other water sources in California have traces of toxic chemicals linked to cancer, new state testing has found. Testing conducted this year of more than 600 wells across the state revealed pockets of contamination, where chemicals widely used for decades in manufacturing and household goods have seeped into…