Retreated on friday from the sevenmonth high after data showed that u. S. Hiring fell to the lowest in him a six years in may. The Dow Jones Industrial and nasdaq also fell. We are counting down to the open in australia and japan. Futures in australia looking like this, a slightly higher open. Economists are expecting the rba to keep Interest Rates at 1. 75 . , whereet over to japan the latest gdp numbers come out on wednesday. Futures trading in chicago pointing to a lower open. 6. 72, it is pretty strong against the u. S. Dollar ahead of brexit. Wo markets to tell you about u. S. Treasury secretary jack lew says china is moving in the right direction on the yuan, but needs to improve its Monetary Policy communication. He spoke to bloomberg in beijing where talks are due to start later today. Tom mackenzie is there for us. What exactly did jack lew say . Good morning. The u. S. And chinese side will be meeting in a few hours on the outskirts of beijing. It was a wide ranging interview
The meeting, each speaker has up to 3 minutes, i do have one speaker card. Mr. Jim hasz. You may recall several waoex agency after the planning staff made a report to you on the Civic Center Public Realm plan, i made comments regarding the response to the rec and Park Commission for the plaza and other matters relate tog the public realm. I now want the share with you the comment with had list rfr of civic center to give you depth on those issues, in my transmittal letter to the may yo, there are two points you will find in the history, one tha, the Panama International exhibition is largely responsible for the reyeasting of the civic center in city hall, the businessman behind the ppie had no competence in the existing mayor and wanted their own person as mayor, so they ran james wolf who was successful and was elected, he then used the resources of the ppie company to get the planning started for the civic center and talked them into giving a Million Dollars to build the auditorium.
We snapped this picture of a flooded lane northbound. And the chainsaws hard at work this morning in San Franciscos nob hill neighborhood. That tree came down during a storm blocking the hyde street cable car line. The weather almost toppled the power pole in lafayette. The lines came down at a construction site on Second Street near mount diablo boulevard at around 1 30 this afternoon. The street was closed for about 90 minutes while crews cleared the road. And a free day for students at Silver Creek High School in san jose. The storms sparked a transformer fire knocking out power to the school. All classes were canceled. Silver creek high will reopen tomorrow. New at 5 00 the weather could be to blame for a series of underground explosions in San Francisco. At least two pg e utility vaults blew their covers on montgomery street between sacramento and clay. Kpix 5s andria borba is there with more. Reporter you can take a look behind me right now, allen, and you can see pg e crews stil
Banker, Navy man and philanthropist Richard Rosenberg paid attention to details, drove change and made a difference. He died March 3 in his adopted hometown of San Francisco at the age of 92.
Richard Rosenberg, who doubled the size of the Charlotte-based Bank of America in the 1990s as chairman and CEO and started the bank on its path to becoming one of the world's largest consumer banking franchises, died Friday, his family said in a statement. He was 92.