Facebook shares sink on perfect storm of bad news

It has turned into a brutal reality check for Facebook. The social network star — which has weathered storms over privacy and data protection — is now looking at cooler growth following a years-long breakneck pace. Shares in Facebook plummeted 19 percent to close at $176.26 Thursday, wiping out some $100 billion — believed to...

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California asks US government for billions in fire relief funds

Governor Gavin Newsom said the requested funds will help in immediate and long-term recovery work. from BBC News https://ift.tt/Gr2hMkX