We have two huge interviews this hour first stephen ross of related company is a Real Estate Firm of 60 billion in properties. Hell tell us why he thinks Corporate America is entering into a cost cutting spiral thats what hes doing and hes seeing it elsewhere. Power lunch starts right now welcome opini lets take a quick check on the markets. The dough is up. The s p 500 is within striking distance of an all time high amazon and netflix all flat before the session financials and Energy Stocks both up more than 2 right now as that reopening rally seems to be broadening out. Tyler. Thaunk you very much the other group out performing today is boeing and the airlines boeing, united airlines, american, jet blue, southwest all jumping higher as the reopening rally gains steam. Phil has more on the moves in those sectors. High, phil its all about optimism its not looking at the near term which is ugly and how ugly is it. Take a look at the july order and delivery numbers from boeing this is no
Pandemic data. Primea recovering minister johnson. Give us an update of the tension of the Prime Minister and his government with the people of london. Francine a couple of things broadly. He is recovering but does seem to be in better form. There are conspiracy theories that he did not get the virus, that are not verified. , a lot ofr you see conspiracy theories have come to the forefront which gives you a sense of the mood of the and finally the u. K. Government say they trust one test two test antibodies. To test antibodies. At least 5 of the population would have gotten covid so far. Tom this is so important, and featuring an article of a little bit evening forward in the medicine and moving a little bit forward in the medicine and therapy of this pandemic. Ritika President Trump is publicly disagreeing with the Infectious Diseases chief, accusing him of wanting to play sides play all sides of the equation. He said that reopening the country too soon could lead to a coronavirus fla
You talk about Affordable Housing, well, where are all these families kids going to go to school . Just think of how many students, and one gentleman who very aptly said, a nurses assistant assistant, a custodian, the teacher, how did these people get the education in the first place . A lot of them dont have parents who can afford tuition, and i am so fearful that city college will just be really in a very dangerous position if you let a project the way it is now go through. I really appreciate going forward, looking forward to the e. I. R. , that you really wrap your arms around what is good for the college and the students and the future students. Thank you. Thank you. Next speaker, please. Can some of these be handed out . Okay. I am a longtime faculty member at city college. Many people have said things. I just have a few details. Yes, i find it strange to call it call it balboa reservoir. It has never had water, i have always called it city college. We have hand the land we have
This is critical is that the end . It is. Thank you. Next speaker, please. Good evening. My name is doug and im here representing habitat for humanity of San Francisco. Im excited to be here this evening alongside our partners. Habitat for mission is to provide highquality space, decent, affordable and Sustainable Housing to hardworking clients in San Francisco and san mateo county. We do this by partnering with cities, community leaders, donors, volunteers and homebuyers to build and sell homes affordably to qualified families. This project would be responsible for city subsidized forsale units for working families whose Household Income is around 100 of a. M. I. These families are what we call the missing middle. They are typically working as nursing assistance, construction workers, teachers, daycare staff , all of whom are vital to this community. Too often they are willingly displaced because they cannot afford to stay. Those families this family seduced day often live in substand
Provide highquality space, decent, affordable and Sustainable Housing to hardworking clients in San Francisco and san mateo county. We do this by partnering with cities, community leaders, donors, volunteers and homebuyers to build and sell homes affordably to qualified families. This project would be responsible for city subsidized forsale units for working families whose Household Income is around 100 of a. M. I. These families are what we call the missing middle. They are typically working as nursing assistance, construction workers, teachers, daycare staff , all of whom are vital to this community. Too often they are willingly displaced because they cannot afford to stay. Those families this family seduced day often live in substandard and overcrowded homes. They live in places where children do not have space to do homework or to play, or families cannot grow and thrive in a healthy environment. There reservoir project can make a significant and meaningful contribution to the city