The Senate Committee is chaired by roger wicker of mississippi. Good morning, and welcome to the newly restored Committee Room of the commerce committee. I want to thank senator blunt of the rules committee and the architect of the capitol for their effort in restoring this room and welcome all of you to a history making hearing. The first hearing in the newly opened room. Today the committee convenes to discuss the security and integrity of the telecommunications supply chain, that is to say the equipment and services that make up a Communications Network. I welcome our distinguished panel of witnesses and thank them for appearing. Today we will hear from mr. Steven berry, president and chief executive office of the competitive carriers association, mr. Jason boswell, head of Security Network Product Solutions at ericson, ms. Asha katie, Corporate Vice president and general manager of next generation and standards at intel, mr. Mike murphy, chief technology officer, americas at nokia
[gavel]. Good afternoon. Like to call to order the regular meeting of the San Francisco Public Utilities commission. Todays date is tuesday, february 25, 2020. Roll call, please. [roll call] clerk we have a quorum. Very good. Commissioners, you have before you are the minutes of february 11. Are there any additions or corrections . Ill move approval. Second. Is there any Public Comment on the minutes of february 11 . All those in favor . Opposed . The motion carries. At this time, id like to call for a general Public Comment. Clerk madam president , we need to hear oh, im sorry. Thats okay. Clerk its been a long day. Shake the sand out of your shoes. General Public Comment, item 4. Members of the public may address the commission on items that are within the commissions jurisdiction but not on the agenda. Beiokay. I have six speaker cards. Bill collins. Bill collins for pacifica. First, id like to thank the commissioners for serving and particularly you, president caen, for your years
Manus a warm welcome to daybreak europe. The numbers have dropped on hsbc. Job cuts. Share buybacks have been abandoned. A hugest impression is restructuring with a kitchen over 7 billion. That is a reality check on growth. Cost cuts are aggressive. And the reaction in hong kong not great, dropping as much as 3. 2 . The buyback and the plan to suspend those could be part of that. You talked about the 7. 3 billion charge and the bank still looking for a permanent ceo. That was Something Else we were looking out for. There were some changes in personnel but not at the very top. And cost cuts. Says it has hsbc yet to factor in the impact of that virus. Manus the fact that they have ripped the heart out of the Share Buyback which is one of the reasons why you believe that quinn can turn the business around. He has not been anointed or appointed. They are prevaricating. The goodwill impairment comes down to 4 billion in the investment essentially, they want to reallocate some of the freed u
[gavel]. Good afternoon. Like to call to order the regular meeting of the San Francisco Public Utilities commission. Todays date is tuesday, february 25, 2020. Roll call, please. [roll call] clerk we have a quorum. Very good. Commissioners, you have before you are the minutes of february 11. Are there any additions or corrections . Ill move approval. Second. Is there any Public Comment on the minutes of february 11 . All those in favor . Opposed . The motion carries. At this time, id like to call for a general Public Comment. Clerk madam president , we need to hear oh, im sorry. Thats okay. Clerk its been a long day. Shake the sand out of your shoes. General Public Comment, item 4. Members of the public may address the commission on items that are within the commissions jurisdiction but not on the agenda. Beiokay. I have six speaker cards. Bill collins. Bill collins for pacifica. First, id like to thank the commissioners for serving and particularly you, president caen, for your years
Bloomberg. We are targeting parts of the business where we are not generating acceptable returns. Matt apple falls short. The iphone maker expects to miss its quarterly revenue goal because of the coronavirus. And bhp warns of a hit to Raw Materials demand and prices the virus fallout extends. We actually have glencore across the terminal here saying it is going to take a 2. 8 billion impairment charge. It sees the scope of three emissions falling by 30 over 15 years. Bit, 2. 4arketing a billion. Recommended 2020 base distribution of . 20 a share. That will be the dividend news. Carbon emissions falling, coal mines deplete. Glencore says it is watching coronavirus developments. The bottom line in terms of earnings before interest and taxes was 4. 15 billion the estimate was for 4. 07 billion. Doing a little better in terms of adjusted earnings before interest and taxes. We are also getting eu car sales. European car sales dropping 7. 4 in january as new taxes hit demand that is already