Hearing for the budget update on Information Technology and the capital plan for 20162017 and 20172018 and okay. Thank you i know we have bryan sfroong from Capital Improvement planing well leave to you in terms of which ones goes first. Good afternoon board of supervisors Budget Finance Committee im sandra the director of the committee on Information Technology i have the pleasure this afternoon of providing a brief presentation on this by fiscal year 20162017 and 20172018. Go to our computer screen thank you. As part of the budget process the budget has projects that reviews from the general fund and Nongeneral Fund departments projects submissions that scored against a set of criteria for the 5 year information and Conversation Technology the scope and impact on efficiency and the support of Technology Infrastructure and transparency and innovation coit started making recommendations to the coit information subcommittee on the highest projects for krfrgs approval this meeting define
A bit. No real direction here. Julie hyman has the latest. Perhaps investors waiting for the jobs report. I think that is a safe that, people waiting for the next shoe to drop or shoe to kick or two helpings or hurt things. Penny on what the numbers show. A tightave been in range throughout the day. It is interesting. You see the tao of 2 10 of 1 . What you see largely today is the smaller stocks have been outperforming blue chips. You look at the s p midcap index, smallcap index, the russell now falling back a little bit here are largely today, we have seen an outperformance from the smaller stocks. Throughoutp itself, the session we have seen an amount of housing around and you can eat here crossing above and below many times throughout the day. It has been a jerking a long kind of day. It has been. And commodities, it is not just about oil today. It is not just about oil but oil itself has seen a lot of volatility today. All over the map as well. Similar to what we are seeing in sto
Good evening, welcome to kqed newsroom, im scott schafer, thuy vu is off tonight. As colorado and washington surge ahead, polls show a growing number of americans support legalizing pot. Four years ago, california voters rejected a statewide ballot measure to legalize Recreational Marijuana use, but plans are under way to put the question before voters again in 2016. Governor jerry brown opposes the idea, but Lieutenant Governor gavin newsom is chairing a task force to study the issue. Thuy vu spoke to him earlier. Lieutenant governor gavin newsom, welcome to the program. Good to be here, thanks. Well, you did not take a stand in californias prop 19 four years ago, a measure that would have legalized cannabis. Voters rejected it. Why are you supporting legalizing marijuana now . Prop 14 i was a coward, i didnt give it a lot of thought, i tried to get excuses. There were parts i legitimately would not argue for today that could have created a real patchwork that was difficult, but i adm
There are lingering concerns about alibabas ability to up international revenue. Chairman jack ma Just Announced a hiring freeze. There are concerns about their relationship with the Chinese Government, which said they are saying alibaba is not doing enough to crack down fraud on the site. I spoke with the new ceo, daniel zhang, a former accountant, who went from cfo to coo and now ceo. I asked him what he plans to do differently and when alibabas Management Team will stabilize. Daniel we changed the leadership in our fields. We believe that today is the right time for us to bring the young generation to the leadership. As you know, alibaba this is a long journey. We need the young generation to participate in the leadership and lead the company to the next part of journey. Emily how will you bring more talent into the leadership and management roles . Daniel today if you look at our key Business Units and all the leaders are out of 1970s. Were also trying to bring more and more 1980s,
About alibabas ability to up international revenue. Chairman jack ma Just Announced a hiring freeze. There are concerns about their relationship with the Chinese Government, which said they are saying alibaba is not doing enough to crack down fraud on the site. I spoke with the new Ceo Daniel Zhang, a former accountant, who went from cfo to coo and now ceo. I asked him what he plans to do differently and when alibabas Management Team will stabilize. Daniel we changed the leadership in our fields. We believe that today is the right time for us to bring the young generation to the leadership. As you know, alibaba this is a long journey. We need the young generation to participate in the leadership and lead the company to the next part of journey. Emily how will you bring more talent into the leadership and management roles . Daniel today if you look at our key Business Units and all the leaders are out of 1970s. Were also trying to bring more and more 1980s, 1985, 1990 young generations