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Facebook, Twitter execs set to testify on Capitol Hill

Yahoo Finance’s Alexis ChristoforousRick Newman, Myles UdlandMelody Hahm, Jared Blikre, Dan Howley and Michael Kelley discuss today’s big stories.

Today’s topics include:

  • Social media executives face Capitol Hill grilling
  • Theranos to formally dissolve: WSJ
  • Jeff Bezos, wife donate $10M to Super PAC: WSJ
  • What’s moving the markets
  • Trade worries drag down European markets
  • Bank of England chief offers to stay on through Brexit
  • Archbishop of Canterbury calls for tax hikes, living wage
  • Walmart launching crowd-sourced grocery delivery service
  • Toyota recalls 1M vehicles over fire risk
  • Fox signs deal to air live boxing
  • Citigroup CFO John Gerspach retiring after 10 years
  • Uber looks to ban riders with bad reviews
  • Facebook gobbles up pricey Silicon Valley real estate
  • Marvel’s Spider-Man’ set to debut on Sony’s PlayStation 4