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WeWork invests $500 million to grow in Southeast Asia and Korea

Courtesy of WeWork

Continuing its expansion in Asia, office rental company WeWork is investing $500 million in Southeast Asia and Korea. It has also acquired local office co-working startup Spacemob for an undisclosed amount (the value is part of the total amount WeWork is investing in the region). WeWork declined to disclose the source of the funds.

Asian expansion: Last month, WeWork announced a $500 million investment into its new Chinese business, with funds from SoftBank and existing investor Hony Capital. It also created a joint venture in partnership with SoftBank to bring the company's business to Japan.

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18 mins ago - Energy & Environment

Air quality alerts issued as California fires threaten more sequoias

The Windy Fire blazes through the Long Meadow Grove of giant sequoia trees near the Trail of 100 Giants in Sequoia National Forest, near California Hot Springs, on Tuesday. Photo: David McNew/Getty Images

Two wildfires were threatening California's sequoia trees over overnight, hours after authorities issued fresh evacuation orders and warnings, along with air quality alerts on Wednesday.

The big picture: Officials in the Bay Area and the San Joaquin Valley issued air quality alerts as smoke from the Windy and KNP Complex fires resulted in hazy, "ash-filled" skies from Fresno to Tulare, the Los Angeles Times notes.

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Rebecca Falconer
2 hours ago - Health

Asymptomatic Florida students exposed to COVID no longer have to quarantine

Florida Gov. Ron DeSantis during a September news conference in Viera, Fla. Photo: Paul Hennessy/SOPA Images/LightRocket via Getty Images

Florida Gov. Ron DeSantis (R) announced Wednesday an emergency order allowing parents to decide whether their children should quarantine or stay in school if they're exposed to COVID-19, provided they're asymptomatic.

Why it matters: People infected with COVID-19 can spread the coronavirus starting from two days before they display symptoms, according to the CDC. Quarantine helps prevent the virus' spread.

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Fadel Allassan
4 hours ago - Politics & Policy

Federal judge: Florida ban on sanctuary cities racially motivated

Florida Gov. Ron DeSantis. Photo: Joe Raedle/Getty Images

A federal judge on Tuesday struck down parts of a Florida law aimed at banning local governments from establishing sanctuary city policies, arguing in part that the law is racially motivated and that it has the support of hate groups.

Why it matters: In a 110-page ruling issued Tuesday, U.S. District Judge Beth Bloom said the law — signed and championed by Gov. Ron DeSantis (R) — violates the Constitution's Equal Protection Clause because it was adopted with discriminatory motives.

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