This is brought in 20 trillion in profits. And a boost to the local economy. By attempting to and the local, Management Agreement the city threatens to take away these economic opportunities. There mayor responded to the lawsuit. Saying that we terminated the agreement because we discovered fraud and wage theft. And the cities rules, like a weekday curfew, have not changed one bit since they opened the stadium in 2014. Reporter so they have dubbed the 10 pm music curfew, they said that acts do not want to come here because of it. They say that this is curfew is retaliatory. Recently, the Rolling Stones complained about the curfew and said they probably would not come back here ever again. Live in santa clara, kpix 5. A live look at sfo, where a bay area teenager said that she was forced before she boarded if i. Now she is fighting back and taking action. Reporter this 13yearold passenger is from santa clara. She is also in the u. S. National squash team. She did clear tsa. This is when
Afraid. Alix the cotton crop is the most vulnerable now. In the markets, this is your job set up in the middle of easing from russia and china. Both of those contributing. Yesterday. Her continue to see some followthrough buying, up 0. 1 taylor the dollar is kind of back up 0. 1 . The dollar is kind of mixed. You had a sort of large selloff block in asia in the treasury market, so that exacerbated yields moving much higher, but crude all of the sudden off by 0. 2 . Off by 2 . Time now for the global exchange, where we bring you todays market moving news from all around the world. Going us from hong kong is bloombergs jeff black, tony ahrens in london, Francine Lacqua in italy, and Michael Mckee in washington. We want to start with china, where the countrys central bank announced it will cut reserve ratios for banks. Bloombergs jeff black is in hong kong. Put it in perspective for us. Jeff good evening from hong kong. This is all about the ongoing slowdown of the chinese economy, the on
Next, a hearing examining ways to increase water storage and conservation in western states we also heard about water supply infrastructure. Held by a Senate Energy subcommittee, this is an hour. The hearing of the Senate Energy Natural Resources subcommittee on power and water will come to order. I want to apologize for being tardy. Im trying to be in a few places at once. Thanks for your patience. Throughout the rest, water is essential to everything we do. The infrastructure took centuries to build. And has allowed our cities to grow and our farms to prosper. Without these dams and canals and reclaim water plants the American West would not be the bread basket or worldwide destination that it is today. It has taken tremendous foresight and major investment to develop the Water Systems that are the backbones of our western communities and businesses. They have been great investments. In my home state in arizona, what started as a 10 million federal development in 1903 laid the ground
Subcommittee on power and water will come to order. I want to apologize for being tardy. Im trying to be in a few places at once. Thanks for your patience. Throughout the rest, water is essential to everything we do. The infrastructure took centuries to build. And has allowed our cities to grow and our farms to prosper. Without these dams and canals and reclaim water plants the American West would not be the bread basket or worldwide destination that it is today. It has taken tremendous foresight and major investment to develop the Water Systems that are the backbones of our western communities and businesses. They have been great investments. In my home state in arizona, what started as a 10 million federal development in 1903 laid the groundwork for todays phoenix metropolitan area shareholder now contributes 250 billion to the nation in gdp. Earlier i toured all 15 counties in arizona. I saw firsthand how these Major Investments shaped the state. From hoover dam, salt river project,
Without these dams and canals and reclaim water plants the American West would not be the worldwide destination that it is today. It has taken tremendous foresight. They have been great investments. In my home state in arizona, what started as a 10 million federal investment which now contributes 250 billion to the nation. Earlier i toured all 15 counties in arizona. I saw forehand how these Major Investments shaped the state. From hoover dam, salt river praur project, federal investment in these projects is therefore critical. When i visited in january, local water experts including one of our witnesses here today laid out to me how the water districts maintain and manage imperial dam and related infrastructure which supplies water to california and arizonas massive economy. Irrigation projects have unleashed the economy. The return on the investments for our nation is clear. It is our turn to step up and make the next round of investments. We must ensure existing facilities keep runn