Again. Im Brian Sullivan power lunch tees off right now. And welcome to power lunch. Im melissa lee. The major average giving up gains. Dow and s p, russell 2,000 small caps did soar to record highs but now looking at losses across the board. The dow managing to hold on to ever so small gains. Commodities are crushing it and oil at threeyear high and copper and gold soar the dollar at a low. Saying a weaker dollar is good for u. S. Trade transports getting slammed led by united. The airline down 11 on pace for the worst day in four months on fears about a price war. Got much more on this coming up. Michelle. Thank you. Im Michelle Caruso cabrero live in switzerland where the trump tax cut and the surging and Global Economy are front and center well talk taxes, trade and whether davos is ready for President Trump to arrive on friday and michelle, on this multicon innocent, over the next couple of hours you will meet four managers who are the sole of consistency. That is why they have be
Early this year. No qualifiers. Economic activity has been expanded moderately in recent months. Dropping a reference to Slower Growth earlier in the year. Inflation is still below the 2 target, which they blame on transitory declines. Energy prices and decreasing prices of nonenergy imports. They still see inflation rising toward the target over the mediumterm. The committee anticipates that it will be appropriate to raise the target rate for the federal some rate when it has seen further improvement in the labor market and is reasonably confident that inflation will move act back to the 2 target over the mediumterm. Feel they arethey almost there. There were no dissents, no press conference today, they did not upgraded or Economic Forecast and there is no new. Plot dot t we will have to wait for august for any further clues. This is definitely a statement towards the hawkish side. Mark Michael Mckee joining us from a very windy washington. Thank you. Scarlet lets get straight to juli
Emily aaron quinn, permit to alter a building new onestory addition at front of building with new terrace at 2nd floor; renovation of 1st floor bathroom; renovation of exterior landscaping, stairs and entry; no changes to north and west elevations . Application no. 2012 02 23 4735. For hearing today good morning my name is inaudible and i represent peters who live in the property adjacent and i want to express the support of the project because it will be a terrific improvement to the property and this neighborhood. It is 6 feet above the grade of mr. Peters property and supported by the region that runs along the Northern Property line of mr. Peters property. Mr. Peters filed this appeal because he knew that the building and the department and the supplying department and all of the permit holders have addressed mr. Peters questions regarding the impact of the project on his retaining Foundation Wall. It outlines the project and does not address the reviews of mr. Peters retaining wal
A statement of overriding considerations and the adoption of a mitigation and monitoring and recording program, the materials and testimony presented and available to this board for this hearing and the board finds that there is no new information of substantial importance to the projector changes or circumstances of the project is undertaken and including the reduction and height of the project that will change the conclusions of the Planning Commission in certifying the eir or such determination in such a way to require the additional review under the california quality act. The said record is in the reference and two, the board adopts as its own, the Planning Commission, findings which include the rejection of the project alternatives as a feasible and adoption of the overriding consideration and adopts the program, all is set forth in the Planning Commission, 18875, and said Planning Commission motion and the sequa findings in this motion by reference. I accept those findings as pa
Certifying the eir or such determination in such a way to require the additional review under the california quality act. The said record is in the reference and two, the board adopts as its own, the Planning Commission, findings which include the rejection of the project alternatives as a feasible and adoption of the overriding consideration and adopts the program, all is set forth in the Planning Commission, 18875, and said Planning Commission motion and the sequa findings in this motion by reference. I accept those findings as part of my motion. Okay. Thank you. And then if you could call the roll. We have a motion and then from commissioner fung to deny the appeal and up hold the section 309 determination of compliance. On the basis that the Planning Commission did not err in interpretation of the planning code or abused the discretion and with the sequaa finding is red into the record. On that motion. President absent, commissioner hurtado . Aye. Lazarus . Aye. Honda . Thank you.