Looking for a bit of a down open, perhaps. Crude oil, where is it . Where is it . I want to talk about the cushion and things i heard yesterday about the im there. Below 50 again on the allimportant wti. And the tenyear, after yesterday, of course fed minutes, we saw prices up yields down. And we are still lower certainly than we were yesterday at least because i remember we were at least 2. 1, if not almost 2. 2 on the day. Our road map starts with walmart, earnings beat on the bottom line. And this very important announcement, its going to raise the pay for roughly 500,000 employees. The markets, well volatile. Yes, they are. Premarket germany rejecting greeces debt plan. Oil is sliding. Earnings beats from tmobile marriott priceline. Those stocks moving higher. First, lets get to carl. Hes in arkansas. Hes got more on todays news from walmart. Carl . Yeah interesting, david. The quarter looked pretty good 1. 61 beats 1. 54 estimate. U. S. Comps up 1. 5, better than expected. Recall
Stock. Thatll be coming up a little bit here. We have an apple countdown. I love that. It even looks like an app in some ways. This isnt your markets countdown clock to be sure. Tesla taking off today, the electric car maker making a big announcement. It could mean a new revenue stream for the company. Well explain that one for you. We have the details coming up. Very, very very interesting. Also, a crude reality check, oil backing off of the rally over the last month here. Finished lower today, were around 56. 95 we have two sides of this story, whether or not this recent run higher for crude oil is really over or not. Its very important question for the fed for Interest Rates, and the economy down the road. Another disappointing dallas fed sur stla morning as we assess the damage. Lets start where the markets are right now in the final hour of trade. We are seeing pressure across the coverages. Its a little less than a tenth of a percent. S p down significantly, broad index down 2112
Then construction within 6 to 9 months. Obviously when you are dealing with several different jurisdictions the approval process is always kind of up in the air, but thats our optimistic schedule. Okay, thank you. Thank you. When you talked about the improvements to sterling street, did you indicate there were going to be signs placed there not to use that as a crosswalk . Yeah, right now there are two handicapped ramps. Those will be filled in along with some sort of physical blockage along with signage saying use the crosswalk across the street. The city has a standard, it needs to be worked out but absolutely it would be consistent with that. Thank you, we can hear from the Zoning Administrator and i would ask folks to please take a seat. The fire code requires that we keep that area open so please take a seat. If theres anybody who has a seat open next to them maybe you can raise your hand so folks can see that, where the seats are. Thank you. Mr. Pacheco, if more people show up, p
You have any questions any Public Comment on this item . Okay seeing none, Public Comment is closed. Commissioner antonini i have a few questions. In our case report it goes so what great detail about the fact we have a problem with obesity in our country. We dont have any sort of guarantee that the type of food will be healthy food youre right we dont. That was a direct quote from the states digestion for passing the law okay. Well, i know thats part of the state law but i think were presuming were going to get a better quality of food. The other thing right now if i understand it credible certain districts its allowed to occur in the c m and p d record is but not commercial. If were allowing up to i think its a third of the Square Footage to be used in this production didnt that tend to cut down on the housing. We had this robust discussion about housing needs. Im not sure we are going to have a huge you number of those things occurring but if its used to Food Production cant be used
Time to review the application. Is there my kind of tax on the product being produced. Im sure there is still sales tax. Local tax. Safkdz. Okay. Thank you that answers some of my questions commissioner borden. I thank you. I know the challenges of some of these. The businesses have and i think its great we are madam clerk, our code and trying to be less riefk for the code around the space. I appreciate your clarifying this the fees i mean, thats not part of this legislation its not for us to decide on but it seems like a modest fee. And putting those into a law is not ashy and smart but i move to approve second. On that motion to adapt a recommendation for approval. Commissioner antonini. Commissioner moore. Commissioner wu and president fong. And that places you on case 13 fourteen amendments to the any of us code to provide residents for the Affordable Housing programs. Good evening president fong and members of the board. The ordinance proposed by breeding, camerons and mar will ha