Clerk on a motion to not disclose the closed session deliberations [roll call] clerk mr. Chair, there are three ayes. Chair mar thank you, mr. Clerk. Is there any further business . Clerk that concludes our business for today. Chair mar great. We are adjourned. Take care. Good morning. The meeting will come to order. The december 3rd meeting. I am joined by Committee Member peskin. Committee member haney will be joining us. I would like to thank sfgovtv for staffing this. Do you have announcements. In order to protect the public and City Employees during the Health Emergency the board of supervisors legislative chamber and Committee Room are closed. This is taken pursuant to local state and federal orders and directives. Committee members will attend through video and participate to the same extent as if physically present. Public comment is available for each item on the agenda. Both cable channel 26 and sfgovtv are streaming the call in number on your screen. Your opportunity to spea
Bloomberg technology. Lets take a look at the markets on the day. It was a risk on session, of course avenue do with the news out of madera that they have a vaccine that is 94. 5 effective on the volunteers. 500hat news, the s p finishing higher. Some nice gains out of the nasdaq. Moderna itself sharply higher. After the market, we did have news coming from brookshire and s. Her hathawaye berkshire added to their portfolio in terms of health care. Typically, health care a defensive space. With the virus, perhaps these additions have something to do with the virus. Stocks have been down sharply on the day after moderna news about the virus came out. Likingours, investors pfizer as well. All right, abigail doolittle, thank you so much for that round up. I want to get to airbnbs filing. The company disclosing details of its initial Public Offering plans for the first time, releasing Financial Results and previously confidential information on its operations. In ipo search that has largely
Of the vaccine and the test helping stock prices. Dow jones up about a hundred points at the open, seven for the s p and eight for the nasdaq more retailers reporting this morning and target looks good work samestore sales up 20 , another measure of the strength of Consumer Spending, just like walmart, target stock up 2 at the moment. Look at this, bitcoin crossed 18000 per coin and has backed off to 17855, about a thousand dollars or shy of its alltime high 19640. I was a skeptic, maybe its Something Else i should have bought that didnt like apple, tesla, amazon, zoom and so many more. We do have a jampacked show. New york Governor Cuomo says President Trump had nothing to do with the Rapid Development of the vaccines. You will see him say it. Boeing gets max judd approval and is now ungrounded. How about this for thanksgiving, noticing, no shouting, kp the music down so you dont have to raise your voice and my off the alcohol. New restrictions for thanksgiving is growing. Varney co.
Mountains where well have more than an inch. You can see during the afternoon hours, the rain is looking pretty impressive and so are those temperatures low to mid 60s. An hourbyhour look at that wet weather coming up. Thanks. Expect changes with your businesses starting today. Governor newsom had to pull the emergency brake on reopening because new cases in the state nearly doubled in just ten days. This is simply the fastest increase california has seen since the beginning of this pandemic. Look at all that purple. Every county in the bay area is in the purple tier except for marin, San Francisco and san mateo, theyre in the red tier. Purple tier means transmission is widespread and that includes limiting Retail Stores and shopping malls to 25 capacity and closing all nonessential businesses such as churches, movie theaters gyms. These restrictions just went into effect at midnight and that only gave businesses a day to adjust to everything. Abc7 News Reporter Julian Glover live in t
Workers of an annual cost of a billion dollars and thats why the stock is down. Down 1. 6 . Tesla, the stock thats going straight up and it has nothing to do with the virus. Tesla, 500 index meaning a lot of Money Managers have to buy the stock so up it goes and by the way the gain of 53 13 makes elon musk the third richest person in the world. Overall, the market is in a mild selloff mode. Dow jones closing and 29950. Its retreating a bit. S p down about 25, nasdaq a slight gain. A big tech is doing okay. We are in creeping lockdown mode and thats the problem for the markets as many states and cities imposing new restrictions as virus cases arise. Wear a mask in north dakota, utah. No Indoor Dining in california, michigan and in philadelphia, no indoor football watching parties. My opinion, thanksgiving next week, confrontation is coming. Who will enforce limits on your thanksgiving celebration . Where does president elect joe biden the stand, lockdown joe, where does he stand . Hes n