Mark zuckerberg and Sheryl Sandberg. Thirdparty seller prior thirdparty sellers on amazon are jacking up prices. What they are doing to crackdown on illegal price gouging. But first, thousands of passengers waiting in isolation in a cruise ship off of San Francisco and waiting for the results of coronavirus test. Hastime, the city of boston canceled southwest by southwest. The markets have regrouped. Rally ands it curious left higher after dominating the fear of the spreading of the coronavirus. To give us a better picture, were joined by michael regan. Why the surprise turnaround . Is indicative of what we have seen in that wild springs for the upside and downside. We often see unexplainable moves both higher and lower. It is interesting that tech as did theeek higher s p 500. There is some soulless to take but monday isnd, another day and it is not going to be too surprising to see next week. What is the message that investors are taking away from this . I think there is a lot of ino
Extraordinary, we will have the latest. Life disrupted as schools and businesses close around the world. Sandbergcoo sheryl joins us live. This, as facebook shares plunge. Thet, to our top story, markets going deeper into the red over fears that the economic fallout over coronavirus will be more prolonged and painful that we all expected. President trump say life could be disrupted well into the summer. The s p sinking 12 . The dow falling to its lowest in two years despite the Federal Reserve cutting rates to zero. For more, i want to get to Romaine Bostick. So much red everywhere. Break it down for us. Romaine you talk about response with regard to the monetary policy. What you have today is a market that has basically figured out that what is ailing the u. S. And Global Economy will not be solved through monetary measures alone. The dow and s p 500 had their worst single day percentage drop since black monday in 1987. You look at the nasdaq and small caps, worst days on a percentage
Child Care Planning and advisory council. I am here to speak in favor of the child care facilities because there is a huge requirement in the city. We have currently just on the citys low income list 3,000 children who we have no space for. We have no facilities for. It is one of the Biggest Challenges that the city is facing in terms of being able to provide adequate child care. One of the things that is especially desirable about this facility that it is on the ground floor. That means we would be our people would be able to serve infants and young toddlers who would be about three months probably to 18 months. Currently in two of our facilities and we are opening up another one in the fall, but we cannot serve infants and toddlers because they are not on the ground floor. There is a very big need just within our program. We have 110 children on the wait list for infants and young toddlers. You can see that there is a great need and kind of one of my mottos we can never do enough for
Spender. We breakdown numbers from facebook. And tictoc with digital ad dollars producing eyepopping numbers. We will do deeper. But first, the spread of the coronavirus rattled Global Financial markets, bringing them to their lowest level since the financial crisis more than a decade ago. Reporter thats right. Stocks with the worst week since 2008. It started as we saw the coronavirus fears really take over. As we see more investors repatriate their money pulling out of the u. S. Haven assets, of big difference at the close, with the nasdaq turning positive. Tag as a lastminute tech bid for the nasdaq, if you can believe it. Bank stocks have been driving the market, as we see. A big hitter i want to Pay Attention to is apple, apple up us the ceo coming out and saying the coronavirus should not make a huge difference in terms of moving supply chain, but still reading concerned about revenue guidance. This. A divergence from we have seen this as the supply chain really gets hit in south
Work hand in hand with one Treasure Island to provide jobs for residents on ti. We look forward to expanding that rube biconprogram has a long history of providing opportunities for folks with barriers to employment and overcoming other challenges. Thanks so much. Thank you so much for coming and giving us those statements. We look forward to working with you. Are there other Public Comments . Thank you all for your wonderful presentations today and this is very exciting topics. We are going to be creating more parks than the golden gate park. We need to reiterate that for not just San Francisco but for the entire region, the points if destination no one has ever imagine order or seen before. We are all working together to make that happen. Thank you. Item six. Discussion of future agenda items by directors. To follow up on our previous discussion of the steward governance model. I want to be sure in the annual budget this year sufficient funds to either look at the feasibility for ste