It is friday august 14th this is the appropriations and budget meeting im sandra fure. Fewer. Thank you for sf gov tv for broadcasting. Do have an announcement. In accordance with governor newsoms executive order no. N3320 declaring a state of emergency regarding the covid19 outbreak and mayor london n. Breeds proclamation declaring a local emergency issued on february 25, 2020, including the guidance for gatherings issued by the San Francisco department of Public Health officer, aggressive directives were issued to reduce the spread of covid19. On march 17, 2020, the board of supervisors authorized their board and Committee Meetings to convene remotely Via Microsoft teams and will allow remote Public Comment via teleconference. Visit the sfgovtv website at www. Sfgovtv. Org to stream the live meetings, or to watch meetings on demand. Members of the public are encouraged to participate remotely via detailed instructions on participating via you can call 14156550001 again 14156550001 me
Yesterday. But theres a pretty good breeze. So cool is the rule. Morning fog, a little drizzle, and sunny. Breezy to withiny. Yesterday once the fog burns off it could get windy. West northwest 8 at livemore with low clouds there around the area. Fog retreats back i think we know system a lot of thunderstorm activity up in the sierra. Below average temps coast, bay and also inland. All right. Over to sal now. He played george strait. He saw him at the old Mile High Stadium in augustism was never colder in my life than when i saw him. In the rockies it can get cold, sal. You dont say, steve . You dont say. I do say. By the way, to answer your question, its not a lot going on right now. We dont have any real slow down at the by a bridge toll plaza that. Might change in the next half hour as we look at it here so many you still have a window of opportunity if you want to get there before the crowd does. This is a look at interstate 880. Things are doing well. We will have another update w
Corporate results come fast. The hiring trend on Second Quarter impairment and the cost of the pandemic. 6 00 a. M. In london, 7 00 a. M. In germany where siemens numbers are crossing the bloomberg terminal. This is amidst this is a beat. 1. 79 billion on the industrial businesses. The estimate was for 1. 19. They are reaffirming the 2020. They still reaffirm refrain from giving guidance for 2020. It is still very tough for them. The estimate on the numbers was for 1. 1 billion overall. Let me try and get those for you. Still no fullyear guidance. They see it comparable to crime this year. Still a moderate decline for 2020. Refraining from the guidance. Third quarter Free Cash Flow is 2. 46 billion versus 134 a year ago. 434 a year ago. It is a different business to the one they took over in the early 2010s. 2013 is when he was there. You have got a little bit of data to get through. We will talk a little bit later on. He is the ceo of siemens. Firstns us for the interview of the day.
To get things started off. The dow is down by 17 points but the s p and the nasdaq is there. Nasdaq is indicated up by 47 points this is after a strong month of july for all three of the averages the dow up by 2. 4 for the month. The s p saw its best july by ten years. It was up by 5. 5 . Thats nothing compared to the nasdaq today is the first trade ding d of august. Thats out at 10 00 a. M. Eastern time today also take a look at treasury yields you did see yields under extreme pressure or ten year closing at its lowest level since all the way back to march 9th. Right now it is a little bit higher 0. 546 stimulus talks in congress. Trump administrations officials and House Speaker nancy pelosi are set to resume negotiations today on their competing visions of a bill. The Sticking Point continues to be a boost set at 600 per week in march that lapsed on friday he and Speaker Pelosi are on the same page about the need of direct Cash Payments of 1,200 to most americans. Andrew. And big co
Can we have the next caller. Caller good evening, supervisors. Todd snyder for district 5. I thank you for amending this measure next week and supporting it thus far. I ask that you continue to support it today. And i want to point out that an arbitrary number of Sworn Police Officers provides no flexibility to adapt to the changing needs of our city. And this came from a Consent Decree entered into in 1979. And lifted in 1998. It has no relevance to the city today. So i urge you to continue to support this measure and to put it before the voters on the ballot in november. Thank you. Clerk thank you. Can we have the next caller, please. Caller i already spoke once and i have been unmuted. Clerk i believe this person has already spoken before per their comment. Can we have the next caller, please. Caller yes, im a native san franciscan, and im in my 60s. I want to express that changing the charter to minimal staffing is a deadly Public Policy decision on your part. No doubt that crimina