Excused today. Commissioner paulson. Here commissioner rivera excused. Commissioner stacy. Here. We have a quorum. Members of public make up to 2 minutes of remote public on an item dialing 4155540001. Access code 2591 574 6761 to rid your hand press star 3. Speakers will hear a choim had 30 seconds remaining and another chime when the 2 minutes have expired. You must limit your comment to the topic discussed upon if you dont stay on the topic the chair may ask to you limit your comment to the item. Public comment made in a civil and respectful. Mute, thank you. Thank you. Public comment med in a civil and respectful manner. Address remarks to the commission not to individual commissioners or staff. On behalf of the commission thanks to sfgovtv staff and puc staff for assist analysis. For those present, if you have in the done so silence your electronic device. The dial in number is 4155540001. Access code 2591 574 6761. Raise your hand to speak please, press star 3. On todays engaged
This shift in the body politic, which we now need to address and i am in full agreement that we need to address it, dont mistake me here, but i think there is a corollary question of why. Why are we in this situation and is there something about our democracy that also needs to be addressed as part of this process . We believe is here but you can watch it in its entirety on our website, cspan. Org. Take you live now to capital hill where the House Committee is holding a hearing on how Artificial Intelligence can help defend and secure the u. S. Live coverage, here on cspan3. Cspan3 without objection, the chairman to claim in recess at any point. The purpose of this hearing is to receive test money from private sector stakeholders relating to the opportunities and challenges resented by the emergence of Artificial Intelligence and discuss how the a. I. Technologies in support of the Homeland Security mission. I now recognize myself for an opening statement. In this era of rapidly advanc
From 3 to 6 . It is not really distressed. You overlay the asset liability that issuers have on the capital structures, recoveries on loans have been quite poor. You buy something at 70 and you wake up and there is an asset liability trade that gets done were a whole bunch of collateral is stripped out and alone trains debt trades down 50 points. Im not sure i sear the see the clear opportunity in distressed today, given their feels like a technical uplift on prices and there is a lot of flexibility in the documents that create a lot of liquidity options for the issuer. There is some tension right now, 85 matt that was joshua easterly at 6th street, speaking at the Bloomberg Global credit form in london. Welcome to bloomberg markets. Lets take a quick check of whats going on in the markets at this hour. Weve had some amazing moves in rates today after the fed came out yesterday with more hawkish paws than had been anticipated. That pushes down equity indexes as well. The s p 500 is dow
Some of these names, court, have had a crazy morning already. Thats exactly right and its only going to get crazier. Next week is black friday, so walmart shares higher, almost 9 after another quarter of what the company is calling broad based strength so profit and revenue beating estimates. The retailer also raising its full year guidance to a range above the current consensus. U. S. Comp store sales up 2. 7 . Thats the best number in eight years. 13 straight quarters of growth there. Now, theres an estimated 30 to 50 basis point hurricane benefit with that stock up on replenishment or purchases after the hurricane, but even without it youd be looking at a 2. 2 to 2. 4 comp and that would still be the strongest in years. So walmarts u. S. Ecommerce sales contributed 80 basis points to the total comp pretty typical net u. S. Online sales grew 50 from last year that growth rate is down slightly from the growth rates of the last two quarters as anniversary of that jet acquisition that h
And its always been a place for dreamers. But when you get on the ferry, and you land on Staten Island, it may be less hectic, but theres still a real sense of possibility. Its one reason that im excited about today. For two years, sammy lazoja has been bombarding me with emails asking for my help. Hes been hyping this restaurant and how unique it is. And how it sets the standard. But to be honest with you, its kind of ordinary. Sammy marcus. Its a pleasure to meet you. Lemonis are you sammy . How you doing . Nice to meet you. Sammy its a pleasure. Lemonis weve been emailing for what is it, two years now. Sammy two years. Lemonis . Youve been harassing me . Sammy marcus, this is my dream. This is this is it. Lemonis well, come around front. Sammy i originally did the buildout. I put a lot of my funds in here. I put my life savings in here. Lemonis how much have you put in . Sammy around 250,000. Covello sammy sammy this is my partner joe covello. Lemonis joe c. Covello joe c. , yes. Ni