Kimberly brandon, commissioner katz, here, commissioner kounalakis, here, commissioner woo ho. Item 2, approval of minutes of november 15, 2016, and december 13th. 2016. Approved. Public comment . Seeing none, Public Comment is closed. Executive session. I move to reconvene in open session. All in favor say, aye. Aye. Any opposed . Move to not disclose anything in closed session. All in favor say, aye. Aye. Any opposed . Madam secretary . I pledge allegiance to the flag of the United States of america and to the republic for which it stands, one nation, under god, indivisible, with liberty and justice for all. Please be advised that the ringing of cell phones and pagers and other Electronic Devices are prohibited from this meeting. Please beware that anyone maybe subject to removal for ringing of such devices. Public comment on any item. Item 8. Public comment on items not listed on the agenda. Is there any Public Comment on items not listed on the agenda . Seeing none, Public Comment
Secretary . I pledge allegiance to the flag of the United States of america and to the republic for which it stands, one nation, under god, indivisible, with liberty and justice for all. Please be advised that the ringing of cell phones and pagers and other Electronic Devices are prohibited from this meeting. Please beware that anyone maybe subject to removal for ringing of such devices. Public comment on any item. Item 8. Public comment on items not listed on the agenda. Is there any Public Comment on items not listed on the agenda . Seeing none, Public Comment is closed. Madam secretary. Item 9a. Executive directors report. Good afternoon, im elaine forbes, the port director. Im pleased to report the port is starting out with the new year with some very good news. We have been discussing with the public and with the commission the vulnerability of our seawall mostly unseen infrastructure, the downtown embarcadero, the streets apparatus is very vulnerable. Weve known its been vulnerab
Negative sentiment, this is a good reading. Sinces the highest october 2014. Into positive territory, and that means improving conditions or at least sentiment from the thousand purchasing managers at state owned enterprises. We are getting the nonmanufacturing pmi, Services Industries like construction, itecom, banking, 53. 5 here the previous month was 53. 9. We did not have a median estimate survey for that. ,till, this is pretty robust powering the new economy, also construction a big part of that, the property rebound in china feeding into that. From july, butck still historically a robust number. Let me dig into the previous month. 53. 5, sumner to june, 53. 7, so more stability on the Services Front and a robust number for ,he official manufacturing pmi 50. 4. Ther this hour, we will get pmi. We are also expecting a reading of 50. 1, mostly a survey of Smaller Enterprises in china. Can read from this is slightly improving conditions on the manufacturing front we will dig into th
A lot of stock movements. We have shown you resources as there is movement you can see on the stoxx. Your stoxx 600 unchanged. Fed president s were talking about a possible rate hike in june and ruble at 66. 8. Lets get straight to the bloomberg first word news with nejra cehic. Nejra shell is trading lower bepite posting profits that analyst estimates that beat analyst estimates. 1. 18 billion. Inbev the Worlds Largest brewer said thirdquarter excludingse 3. 1 , shifts and acquisitions. Shares are trading lower. Adidas and will plan to sell its the company said it would keep its gold shoe and a peril and a peril business and a peril business. Has siemens has 20 to 2. 1 2ose billion euros. That is after an increase in demand for Energy Generating equipment offset a decline. Brazilian prosecutors have filed a 44 billion civil suit against the joint venture over novembers dam rupture that killed 90 people and poured and caused severe environmental damage. Credit suisse has agreed to sell
Military is going to do the work on your dime. It is being sent to vehicle processing lots like this one in baltimore, and Container Freight stations near the ports, to physically find the missing cars, log them into a database, and track down the cause of delays. I do not anticipate any day getting a call or email that my car is here. I think we are kind of in for the long haul. Ial says it has been making significant progress, with 90 of the cars dropped off past august 1 being on track or an on time delivery. As for cars before that, the company said this is going to help them update customers and move along those cars. Abc 7 news. Good work there. If you have a tip for our watchdog team, email it to us. Tonighte on storm watch. You want to keep the umbrella handy if you are heading out on the town. Steve rudin is here with what to expect. We have a few showers out there right now. Not expected to develop into a lot as we move through the evening hours. A better chance for those sho