Power lunch starts right now good day, everybody. Welcome to power lunch. Im Tyler Mathisen as michelle just highlighted, the dow and s p 500 hitting records again. But we are well off those levels at this hour nasdaq basically getting slammed. Down more than 1 . Big selloff in tech. Check out what is leading that nasdaq 100 lower Lamb Research down so auto disk down 15 now applied materials, invidia also in the tank today. In fact, the whole Semi Conductor industry on pace for its worst day in almost a year more on this group coming up forget ten, folks. Lets move on to 11,000. Bitcoin breaking past 11,000 just hours after topping 10,000 for the first time ever. Everybody is talking about bitcoin. Crypto currency up more than 30 in the past week and now up well over 1,000 this year, brian. Its like an auction. Do i hear 12,000 im Brian Sullivan heres what else is happening at this hour. Tyler drilled down on bitcoins record run the nasdaq planning to launch Bitcoin Futures next year.
Criminalization. [speaking spanish] translator they are part of our community and we should respect them. Thank you. Thank you. Next speaker. Public good afternoon. I too would like to thank for doing this. I have been familiar with the plaza and the area around the plaza for 20 years. And it has been the object of the most outrageous forms of neglect and has been treated as a drug containment zone without any attempt to solve the underlying injustices and problems that are generating the amount of drug use we are seeing in the plaza. This neglect contributes whether intentionally or not, to the disinvestment that is now being used as an excuse to general gent identify as people become more desperate both economically and to using and selling drugs and to other forms of behavior that have to do with getting by out of here desperation. Im grateful we are taking steps to clean the plaza and assist people with their struggles. I would ask we remain along this track and not allow this to b
Soon. In the fast lane, aston martin plans a fiveyear trade and investment drive in china worth over 600 Million Pounds. We will speak to the ceo, next. We are less than a halfhour from the start of european trading. Take a look at futures right now. We are seeing gains across the board on the major indexes with the exception of the ibex sorry, the ftse mib and stockholm. Here on the board, ftse futures gaining 0. 4 , dax futures up 0. 5 . Lets start with some of the earnings this morning. Roche expects sales growth to slow this year. It is counting on new drugs in the pipeline to offset revenue losses in its oncology medicine. Joining us from switzerland, the ceo of roche. Welcome to the program. Thanks for joining us. About 2018 as kind of the year of the cliff edge for drugmakers, for roche especially. How well do you think these new drugs in things like hemophilia are going to offset the loss of your cancer drugs . Im very confident. If you look at the growth in 2017, the vast majo
Going to simply just really water down the work of those two staff members. We need to have a minimum of two people funded fulltime for this to be successful. It costs approximately a quarter of a Million Dollars to be able to provide that service. But i think it has been successful and worth looking at. Also just as a suggestion, maybe a little bit outside of my lane, is i know in l. A. , usc for example, they have funded they are ambassadors. I think they wear yellow shirts. And many are from homeless or formerly homeless or from the community. I think if we want to edge gauge people who are perhaps involved in behavior thats not really conducive for the neighborhood they are in or appropriate outdoors, i think having Community Ambassadors to talk to, to work with, to point folks in the right direction and encourage them is Something Else we should be considering in the city. My focus really is how do i help as many unhoused people get off the streets and into shelter. However, i cer
We dont have really great data on exactly what were doing at 16th street b. A. R. T. , but i can provide you with some information as youll here. District nine as 271 of the sheltered Homeless Population and 281 of the unsheltered Homeless Population. In january 2017 when we did the point and time count. You also will see that relative to the Homeless Population in the city, district nine has 6. 6 of the unsheltered but 17 of the calls. Part of this is due to the residential nature and the high population density in the Mission District. Theres a lot of people there. And a lot of new residences and businesses. But we are receiving a fair number of complaints and concerns from citizens around this issue relative to the size of the Homeless Population. This next slide will show you the Homeless Outreach team. That star is the 16th street b. A. R. T. Station and you will see that it is in red meaning that it is one of the areas where the hot team has about 6,000 serves 6,000 people a year