We are definitely pioneers in airport concession world a world of nationally if not entirely or internationally everybody is cop us right now. The people that were in charge of the retail this is where that began. I didnt think we would have a location at the airport. Weve set the bar higher with the customer commerce. Telling me about the operator and how you go about finding them and they get from being in the city to being in the airport. So first, we actually find a table and once we know what we want a sitdown we go to the neighborhoods in San Francisco and other people seminary of the retail let us know about the rain water and are excited to have the local operators in the airport. We have to go going through the conceive selective process and they award a lease to the restaurant. They are planning on extending. We that you could out the china and the length evens and the travel serve and fourth your minds and its all good. How long for a vendor to move through the process. I wo
Wave of protests across the country following a shooting of yet another black man, rayshard inoks, outside a wendys atlanta. All of it captured on video. First, i want to digest the market moves and bring in abigail doolittle, who has been following it all. Why such a volatile day . Abigail really a wild today. Today and overnight tonight, there was a risk off tone. There was a bit of a haven bid for bonds. Nasdaq up more than 1 . Thefixed on the nasdaq vix on the nasdaq had been above 40. At the close, below 40, so again, less fear at the end of the day. Trade, the stayathome trade. 6 , and credible, but tesla up 6 . If you believe it, that stock up more than 130 on the year. As for why, i would like to say it is something exciting, fundamentals, but that is really not the case. It has to do with the dollar. The chart in, the nasdaq 100 and white. When a dollar goes down, it helps risk assets go higher. What we had earlier today was up half a percent, now the dollar is down its call i
Now, testimony from Federal Reserve chair Jerome Powell on Monetary Policy and the state of the u. S. Economy amid coronavirus. He spoke about low Interest Rates, unemployment numbers and what future Economic Growth and recovery could look like. Help in front of the House Financial Services committee, this is three hours. So the committee will come to order. Thank you. Without objection, the chair is authorized to declare a recess of the committee at any time. Members are reminded to keep their video function on at all times, even when theyre not recognized by the chair. Members are also reminded that they are responsible for muting and unmuting themselves and to mute themselves after they are finished speaking. Consistent with the regulations accompanying h res 965, staff will only mute members and our witness as appropriate when not recognized to avoid inadvertent background noise. Members are reminded that all house rules relating to order and decorum apply to this remote hearing. T
And Public Comment is available on each item on this agenda and both channel 26 and fof fof. Org and our streams the number across the screen. You can call 1 415 6550001 and 926891085 code. Again, 1 415 6550001, and then press pound and pound again. And you will hear the discussions that you will hear music and be in listening mode only. And when the item of interest comes up star star, 9 to be added to the speaker line. And you can email comment to myself at linda. Wong sfgov. Org. And if you submit Public Comment via email it will be forwarded to the board of supervisors and it will be included as part of this file. Madam chair this concludes my announcement. Supervisor fewer thank you very much madam clerk. Call item number 1. Clerk the status of nonprofit sustainability in the impact of covid19 on nonprofit staffing and funding and programs and services and the role of the city in supporting the Nonprofit Sector and requesting the office of the controller and mayors Budget Office t
Several of whom will participate remotely. I will come artisticpa wish panl of witnesses. I thank them for a period. Today we will hear from mr. Steven berry, president and chief exec of Competitive Carriers Association paid ms. Shirley bloomfield, chief executive officer of the ruralhe broadband association. Mr. Dean kimmelman, Senior Advisor of Public Knowledge who will be appearing at testified remotely and mr. Jonathans vulture, president and chief executive officer of u. S. Telecom broadband association. The crisis has changed lead dramatically for every american. As the administration and the center for Disease Control and prevention encourages social a distancing to prevent further spread of the virus normalia activities like work, school and Health Care Services are now increasingly taking place online. This has caused a huge uptick for the use of broadband in one estimate shows that every Broadband Usage is up by 47 since the pandemic began. The good news is theres been progre