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Facebook, Twitter execs set to testify on Capitol Hill

Yahoo Finance’s Alexis Christoforous, Rick Newman, Myles Udland, Melody 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