So tastes like a guinness. A little early. Im Andrew Ross Sorkin. Joe kernen is here becky has the day off. A lot of news to get to. Dow up about 26 points nasdaq up about 5, s p 500 up about 2 1 2. Lets show you overnight in a a asia, green arrows across the board. And european equities well also show you, its green, green, green. And if youre buying wti crude by the barrel, oil is moving higher on news of a sharp drop in u. S. Oil supplies wti crude right now at 48. 29 today well get an Interest Rate decision from the fed this afternoon. Wall street is widely expecting policymakers to keep rates unchanged. Big focus is what the fed says about inflation. Well have full coverage beginning at 2 00 pchl we have 175 s p 500 Companies Reporting this week. Today its boeing, cocacola, ford and among all the names youre seeing there. But well get that before the opening bell and then we hear from facebook, gilead, whole foods after the close. And viacom looking to make a cash bid discovery al
That. If you could sort of give us an update on where this case against you currently stands. Well, you probably know as much as i know. Let me just say this. I think earlier this last year i was on your program, and i said i had two goals. One was to provide my investors with the performance they want and deserve. And second, to prove definitively in a court of law these charges are totally without merit. And these frankly continue to be my goals. So for 2016, i think we delivered okay performance. I always i dont like to grade my own performance. I think thats up to my investors. But our credit fund was up a robust 16 for the year. Our equityonly fund up 10 for the year and diversified strategies up 8 . So an acceptable kind of year. Ive learned a lot about the process that im going through in the past year. And and i want to make it clear, i have great confidence in the judicial system. Im anxious, very anxious to get into a courtroom for a judge to understand the facts. Having said
Its a raw night and some of that rain will continue right through the late evening hours. This is what to expect. Periods of rain should be shutting off at midnight in philadelphia and the possibility of even a rumble of thunder as the cold front moves closer, it will be ending again by late evening and philadelphia at midnight and south jersey around 2 00, 3 00 in the morning and then by dawn, the winds of change are blowing in well talk about pretty strong wind gusts, and a dramatic change in temperatures in the exclusive accuweather sevenday forecast. Weekend is looking nice, cecily. A last minute change at the 76ers Season Opener caused quite the stir in philadelphia. That was one of the sixers dangers singing the National Anthem before last nights game. But it was suppose to be this one singing, it was her performance canceled before game time before her choice of outfit. John rawlins is live with more on the controversy and fallout. Reporter something of a tempest with social med
Good afternoon, everybody an welcome to the San Francisco board of supervisors meeting of tuesday, may 24th, 2016. Madam clerk, can you please call the roll. Thank you ma dem president. Supervisor avalos, present. President breed present. Campos present. Cohen present. Supervisor farrell, farrell not president. Supervisor kim present. Supervisor mar present. Supervisor peskin. Present,. Present. Supervisor tang. Tang present. Supervisor weiner. Present. Supervisor yee. President. Supervisor farrell, prept. Automatic members are present. Can you please join us for the pledge of a geedges. [recitation of the pledge of allegiance] thank you. Are there any chaimgs to the april 19th or the april 20th special budget and finance Meeting Minutes . Seen none. There is a motion . Colleagues can we take that without objection . The Meeting Minutes will be approved after Public Comment. Madam clerk, can you please read the consent agenda. One through four comprise the agenda. An eye tomorrow may b
Samantha, lorne, juan torres. Maria navarro. Sam yu. Jesus hernandez. Keith gardner. And sman that, i wanted to highlight samanthas story. Samantha started with good life when she was 17 years old. She started bagging groceries. More than a decade later, she is now the store manager and general operator of the store. Good life is very proud of offering true Career Advancement opportunities for its employees, owners, like samantha. And in addition to presenting this honor to good life, im very excited to announce that well be nominating them shortly to be a legacy business and as was noatd earlier, the legacy business registry ensures the protection of Small Businesses that are as part of critical part of San Francisco as any. It would not be vernal heights without the good life and it wouldnt be San Francisco without so many of these businesses. Supporting historic businesses like good life is really what the business legacy business registry is about. The other thing i would say about