Week. This as investors grew concerned about the strength of the Global Economy. In a major report, the bank of england warned the risks associated with last months vote by the uk to leave startin crystallize. In response, the british central st three quarters of uk banks account i accounti greater flexibility to supply credit to uk households and firms. Uncertainty over policy both here and abroao pressured crudet the yield on a tenyear treasury to a record low. The Dow Jones Industrial lost to 17,840. Nasdaq off 39, s p 500 was down 14. Brexit not just t vote. The impact could spread to other weaker parts of europe, like italy and potentially cause more serious problems. Michelle carusocabrera explains. More than a a week after the vote in the yoon union, there is one clear victim. The italsector. Italian banks have fallen more than 30 and year to date, down 50 . The italian Banking System has long been troubled and they need more capital. The world was reminded of this yesterday whe
Will have the ceo on later on. And at post nine, kayla and joining us is kara, and a lot to talk about this morning. Microsoft after missing the earnings, we heard about the pc we weakness and the Cloud Business and shares on for the worst day now since january of 2015, and even though kara, the pc business and everything that pcs have been through not terrible, would you agree . Well, it is not terrible, but one of the things is that the ceo has been enjoying a honeymoon period with the investors, because he is turning it around. There is tax implications, and it is a kind of the messy quarter essentially with a lot of numbers that are confusing wall street. He has been turning in great improvements around cloud which is a important focus of microsoft. There is great signs of the subscri subscriber signup on the various offerings, and things like that, but people are still focused on the pc issues and also the miss itself and the tax problems that they had there. Jon . Yes, and as kar
Right now and you can seeee theyre wiping some debrisng from that stretch of road. Seve sral miles of backed upd u traffic literally parked asarke they wait to exit at 123. 23 my best advice to you this morning exit at georgetownow pike. If you exit anywhere past thatta point, you are going to be at b a standstill if you try get to g the dulles access road or 123. Those folks have been sitting there for over an hour this morning. In inner loop normal volume. Nor like i said georgetown pikeetow will help you get to the to airport if youre headed toead the Dulles Airport leave lea early. Those secondaries are eagoing to start to back up as folks lookkk to get around this huge messuges this morning at 6 01. 0 well have more traffic inraff just a few minutes. Maureen. Ma thank you erin. Developing this morningng out of gaithersburg, maryland,al police are investigating aga murder they say an 18yearoldyo man was assaulted last night at center way park. The man later died. Later no word yet
Director borden is anticipated director heinecke director nolan director ramos director rubke directors please be advised director brinkman will not be here phones, devices are prohibited at this meeting. Please be advised that the chair may order the removal from the meeting room cell phone, pager, or other similar soundproducing electronic devices. Do cause microphone trenches the board respectfully asked they be turned off approval of the minutes arrest second discussion. All in favor, say i. I. Opposed . The is have it thank you. Item 5 Communications Directors please be advised no anticipations discussion in closed session. Introduction of new business by Board Members id like to ask the staff to prepare a report on paratransit ive been think the board for 10 years im trying to comboings id like to hear if the staff and providers consumers of the service the drivers perhaps a comprehensive idea ive heard a number of things respect or recently about the longtime to get on the syste
Much more detail. Well provide that update. Great, thank you for your presentation. Commissioner yee. Thank you chair tang. Thanks for the presentation. I want a clarification of your numbers. Couple of questions, the total is 38. 8. You have 33. 5 million. Move into 2. 5 million for safe routes. Only 1. 2 million is from obag. I dont get it. Yes. What was shown in the project total, theres also an increment of the obag funds that goes toward planning functions for the Transportation Authority. Most of it goes to project but a small portion goes toward five years worth of oversight and planning for the Transportation Authority. The safe route to school now, we did program 2. 5 million to safe routes to schools program. The rest of it was a component of chinatown chinatown broadway project. The whole thing is interesting. Any other questions or comments from Committee Members . I look forward to working with all of you for cycle two. I know that on the west side of town, lot of our neig