Terms of what were communicating. The ruble recovers from its biggest daily loss in 16 years, but russias woes claim another victim. Shares in Italys Saipem plummet. China has its biggest daily rise in over a year with banks and grocery stocks leading the way. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Brent and wti are currently trading lower after bouncing back during the u. S. Session yesterday. They are up today, up 0. 66 and 0. 23 respectively. Wti crawled back around 5 of recent losses to move back above 65 a barrel. Some oil drillers have responded to operations by putting their operations on hold. Operators around the globe are looking at stacking their rigs, meaning making them temporary idle. The 3406 is aimed at lowering costs despite the offset in the market, but remaining ready for reemployment when it recovers. Imf chief Christine Legarde says while low oil prices are good news for the u. S. Economy, they do add a threat
Bell. The german wings crash on tuesday that killed all 150 people on board appears to have been orchestrated by the copilot. He apparently deliberately flew the aircraft into a mountain after locking the captain from the cockpit according to french prosecutors. The investigation is ongoing. Billionaire leon cooperman telling clients as firm has been subpoenaed by the sec. The agency is seeking information on certain securities. A tumble in biotechnology stocks entering a fourth day. Investors with drawing more than 420 million from biotech in the past four days. Thats the most since last april. Less than an hour until the close of trading. I want to get right to the latest. Scarlet, its a lackluster day for the market considering that make selloff yesterday. Scarlet at one point today it just looked like we were going to recover. The dow got as much as 41 points in the plus column before giving that all up. Right now you can see we are lower by 33 point. If you look at treasuries, for
Departments including the police department, the fire department, building including basic building and electrical, Public Health and the planning department. We also completed a fairly extendbacker extensive Outreach Program per the Good Neighbor policy, we talked with a large number of the surrounding businesses in the same building and masaes also made contact with people who are living in the immediate vicinity, and they gave very nice favorable comments on festa. I would like to say by the way, we very much appreciated the commissions help and guidance as we moved through this process, its been much appreciated. Well, on the Outreach Program, again, i think its fair to say that masae and her team have built very good and friendly relations with all the neighboring businesses in the building. The overwhelming majority of the neighboring businesses and the neighboring residents have proved to be highly supportive of festa in addition to very positive informal comments, shes received
Im sorry, masae matsumoto, dba festa, do you want to come up and address the commission . Welcome. So, its a karaoke and Cocktail Lounge in the japan town mall. This permit application would allow them to have karaoke performances, this is a venue that has one stage so this is not a venue with multiple room karaoke and the granting of this permit would allow them to come into compliance, please dont hold it against them that they operated before without a permit once it came to their attention that they needed one, they came right in and have been cooperative throughout the application process, theyve done extensive outreach to their neighboring businesses and even to the residents across the street which is not super necessary since its in a mall and their entrance faces the interior of the space, there have been no communication tos the commission of opposition and sfpd northern station recommends approval of the application as well. Inger good evening, im not masae matsumoto, masae
Business usually doesnt pick up very much until about 9 00 and last orders are at 1 30 and everybodys out by 2 00, theres no live entertainment, no professional entertainers and all the singing is done by the customers, all of whom are amateurs, some i have to say more amateur than others, some are pretty good but they all seem to have a lot of fun. Masae provides a large range of songs ranging from romantic, japanese, american, korean, chinese, spanish, any others . No, so thats the range of languages and theyre all used quite a lot. As far as we know, there are no major problems or complaintbacker complaints and weve had positive clearance from the police department. I think its fair to say that festa makes a positive contribution to the local Business Environment and the local economy. Last september, we learned that the regulations for entertainment permits for karaoke recently changed and we moved immediately to try to move festa into compliance with the current regulations, we fi