Chair borden no, not on just that item, temporary versus permanent changes in ceqa. Yes, there is also an exemption for a Pilot Program and then there is the statutory exemption for emergency projects. Chair borden great. Thank you for clarifying that. Directors, are there other questions for the directors report, or comments . Great. With that, we can move on to the next item. I can say im personally excited about the extension of the 30 bus line. Madame chair, there was a request by a member of the public for the board to rescind the minutes based on the comments made and reapprove it and i would assume that i dont know if you want to consider that. Chair borden yes. Lets reconsider the minutes. Madame chair, you would have to ask for a motion to rescind the vote on the minutes and then to reapprove. Chair borden great. Wonderful. So that means just fort publics knowledge, were going back to item number 2, potentially. Is there a motion among the board to rescind the approval of the
You have chair borden how many . You have zero questions remaining. With that, well close Public Comment. Directors, do i have a motion . Secretary boomer, please call roll . Chair borden aye. Director brinkman aye. Vice chair eaken aye. Director heminger aye. Director lai aye. Madame chair, the minutes are approved. Item 5, communications. Madame chair. Chair borden as many of you have learned, our heart was broken this weekend with the untimely passing of one of our own. Antonio, a muni operator with the Transportation Agency for 19 years, was known for being deeply committed to his job and well known by the people on his buses and in many communities. He was born and raised in the Richmond District and leaves behind wife jennifer, three children and grandchildren. Well have this meeting adjourned in his memory, but im devastated. I want to thank his family to loaning him to us. He did die in service. If we could just take a moment of silence. [moment of silence observed] chair borde
The fed warnings on risk theres a lot to watch the and an airbnb ipo is now officially in the works. You were just talking about becky about claims and this onagain narrative, the split between Public Companies and smaller businesses. When you keep thinking about what target said, brian with a tour deforce performance, talking about taking 5 billion in share you know he took it from somebody i keep thinking about that, thats the 5 billion that probably would have gotten into Smaller Companies that dont trade or companies that are starting to lay people off or file bankruptcies. The i call to attention estee lauder today you dont expect that perfume or skin care gets hurt. Hopefully lipstick sales are better usually when other things are weaker were not seeing that. Were ripe for stimulus, but nobody is talking. Yeah, jim, thats interesting, estee lauder layoffs, american dropping 15 minutes. But covid cases are lit rally collapsing shouldnt this be going in the other direction . Yes, b
A weaker u. S. Dollar as well. 105. 38 to the japanese yen. Gold back about 2000. 003. 35 an ounce right now. Walmart benefiting from online orders but store traffic was hampered by the coronavirus. The companies cfo said comp sales growth slowed last month as the government relief waned. Lets bring in Morgan Stanleys Simeon Gutman. How did the Company Managed to get margins around 42 . Comp. they had a 9 rising tides lifts all boats, but they had gross margin in the u. S. Swing from down to 200 basis points to up this quarter. The primary driver is the mix of food and consumables, which tends to be lower margin, was mother in percentage, and a big shift toward general merchandise. A nice swing in gross profit to hire to cover those higher costs of operating, but the results were better sales and gross margins, allowed them to generate that growth. Vonnie walmart was only really getting going in the last couple of quarters. Did the digital improvements help out this quarter . What does
Nasdaq hits an alltime high as a combined value tops the gdp of the worlds thirdbiggest annomy, cash trade is just hour away. Here are your top headlines from the bloomberg terminal. Trump says tiktok must close its u. S. Operations by sold. Ber 15 unless it is he insist any sale must include a substantial payment to the u. S. Government. Global equities trade makes after a tech surge sent the nasdaq to a record. Isn amid a positive u. S. Pronounce and hinge from trump as he could face executive action on fresh virus release. Results easing continues infineon. The buyer warrants that the pandemic has stunted demand for nonessential medicines. We wait on numbers and it looks like we are getting numbers from British Petroleum right now. Annmarie, what do you see . Annmarie the dividend to the oil make it maker is cut. This is the First Time Since the bp oil spill in 2010. A historic moment in some senses for the oil giant. , 5. 25. Quarter dividend 10. 5. Second quarter came in at 6. 6 1