This moteingly will come to order. Good morning and welcome at this time machine october 23, 2023 meeting of rules of the San Francisco board of supervisors. Im supervisor dorsey chair and im joined by vice chair walton and Committee Number safai. Together we like to express gratitude to our clerk victor young and thanks to sfgovtv for broadcast todays meeting and today our producer mr. Jason goldhammer. Mr. Clerk . I like to reminds you to silence phone and electronics. Documents provided me will be include part of the file as should be submitted to myself. Items are expect today appear on the supervisor agenda on october 31, 2023 unless otherwise stated. That completes my announcements. Thank you, mr. Clerk. Call item 1. Item 1 Charter Amendment. To amend the charter of the city of an fran establish Staffing Levels sworn officers of the Police Department requiring a period of 5 years the mayor and the board of supervisors appropriate funds to meet Staffing Levels establishing a Polic
Comment period. There will be a opportunity for general Public Comment at this meeting after we do not have closed session today and there will be a opportunity to comment on each discussion or action item on the agenda. Each comment is limited to two minutes. Public comment will be taken in person and remotely by callin. For each item the board will take Public Comment first for those in person, and then from people attending the meeting remotely. Comments are the opportunity to speak during Public Comment period are available by phone by calling 4156550001 access code 26608513617 then pound and pound again. When connected you will hear the meeting discussion but you will be muted and in listening mode only. When your item of interest comes up, press star 3. The best practice is call from a quite location, speak clearly and slowly and turn down your tv or radio. We thank you for joining us. Thank you. Madam secretary, call the next item. Item 3, general Public Comment. Reminder Public
Good morning. This is daybreak europe. These are the stories that set your agenda. Global stocks rallied with the s p 500 hitting a new record high as cooler u. S. Inflation reinforces bets on fed rate cuts. Slovakias Prime Minister in the hospital after an attempted assassination. The shooting brutally exposing the widening the political divide in the nation. Vladimir putin is getting the red carpet treatment in beijing as he looks to xi jinping for backing in his war against ukraine. Lets check in on the earnings stories. We are keeping an eye on the geopolitics. Siemens on the redhead coming through, they will be selling part of their business, one of their Portfolio Companies to the private Capital Group k ps. This is a maker of engine drives. On the second quarter, in terms of the profit coming through for the industrial business, that is a miss for siemens in the second quarter, also a redhead across the terminal, 2. 5 one billion euros. The estimates were 2. 7 6 billion euros. A
Interruptions during our proceedings should you have documents to be included as part of the file submit them to myself the clerk. Approximately comment will be taken on each item when Public Comment is called lineup to the west side at this time right my left along those kurt anxiety. Not necessary on provide comment we invite to you fill out a card and leave them on the tray if you wish to be records. You misubmit comment in writingeck e mail them to myself at brent. Jalipa sfgovtv. Tell be forwarded to the supervisors include part of the fortunately file. You may send written comments Via Postal Service to city hall 1 dr. Carlton b. Goodlett place room 244, San Francisco, california, 94102. This concludes my aupon nouns ams. Thank you and lets call items 13 together. Items 13. Items 1, 2 and 3 consider the per ses may proposed budget for airport commission. Board of appeals. Dbi. Child service, department of environment. Library, municipal transportation agency, port, Public Library
Coming up after the bell, netflix and tesla. Netflix is going to reveal quarterly numbers, and ahead of it, it is trading down. We just hit session lows for netflix, pop down to the bottom, the stock stands at 345 and change, down 2. 7 . For the month necessary flint has netflix has not been pretty, down about 12. 5. Quickly checking on tesla, down 4. 8 ahead of earnings there. But keep in mind both are expected to report numbs that are higher numbers that are higher yearoveryear. All right, were looking at definitive riskoff sentiment as we kick off the final hour of trade. The bulls are many retreat at the moment. Weve got the Dow Jones Industrials down 257 points, s p losing 50, the nasdaq down 194 points or 1. 5 . But just as tocks wither, brent crude this is the International Oil bench of mark gushing above 91 a barrel as the israelhamas war reaches a new boiling point. Just 24 hours after a missile hit a hospital in gaza killing hundreds, both the u. S. And Israeli Intelligence a