Does not affect the 49ers authority. The agreement lets the team provide Management Services for the stadium. They will receive the dayto day operation and market and book nonnfl i havents. Last night, the Stadium Authority voted 60 to start the process to terminate the team as the stadium manager. The proposed change will also require all Stadium Authority contracts to be brought to the board for public approval. Per the agreement, the 49ers could execute contracts up to 250,000 without board approval. The Stadium Authority which includes seven elected members of the Santa Clara City Council says the 49ers mismanaged their authorities, violated state laws. Nonnfl event revenue you has dropped significantly over the years. This is about the numbers. The numbers cant lie. We are getting zero this year and zero next year. This means that the general fund will suffer almost a 6 milliondollar loss over the next two years. We have to tell our residents because the 49ers have miss blue faile
Up to 100,000 to meet him. Those who couldnt afford the ticket were happy just to see the president s entourage. Too bad my kids are not here to witness it. Not everyone enjoyed the president to visit come outside the fundraiser protesters gathered, some Holding Signs and banners that express their anger. Is not a neighborhood that is blindly accepting of trump coming in and doing his thing, not everybody agrees with his policies. This neighborhood is about the wilderness and being outside, and those are things that trump is opposed to. Many of the details surrounding the president s visit were kept a secret. Attendees were not told where the event we took place, only to meet in this parking lot where they were settled in. Attendees also had to check in their cell phones. This trump van drove from union city to see the president. Obviously this is not trumps most popular region of the country, but for me, i see the opportunity in what his politics stand for. We are living in times wher
Good morning, good morning. This is bloomberg surveillance. Your equity market of the s p positive. 5 . Upside surprise on cpi, upside surprise on ppi arguably pushing back rate calls even more. Bank of america talking about goldy shops saying we have gone from goldilocks to stagflation. Lisa right now it is hard to see stagflation priced in. We have gotten two straight hot inflation reads at the same time retail sales are causing concern it may be the consumer getting too stretched. Jonathan it has been weird when you think about the equity market reaction. We were down about one third of 1 on the s p 500 yesterday on hot ppi. Even that we have had the reaction in bond yields up equities have been pretty steady. Lisa ultimately if the fed cuts rates more because of this idea of stagflation, the idea of weaker growth, that will be positive for equities. A resilient economy will be positive for equities. If it is stagflation shock that will be a massive problem. A lot of people are not
This is out of here. And these other top stories. Russia says it foiled an assassination attempt on president Vladimir Putin. A kremlin says to drones were used in an attack on the president ial residence in moscow. Claims ukraine was behind it. T strongly denies the allegation. Journalist from the shop of oliver has more from moscow present. Peyton was not in the kremlin, at the time of the incident. Russian officials immediately blamed ukraine for that time, and called it a planned act of terror and an assassination attempt on present peyton. Ah, we understand her. There are 2 video clips of that talk. A dad now circulating the media, one of them shows the moment of shooting down the drone and how to was falling on the dome a one of the crumbling buildings on the other. We can see how the dome is burning. The parents of a 13 year old boy accuse of opening fire in a school in a serbian capital belgrade had been arrested. The city is mourning, the death of 8 children and one security g
On this, the most endangered democrat in america. Congressman joe baum, bowman on the lobby group is spending millions to oust him and other democrats across the country. He will join me on said in a few minutes. Gop senator mitt romney makes a Surprise Argument for why pardoning donald trump is actually good for all of us. Really . We will tell you about raga, one of the scariest Republican Groups youve never heard of. Im Ayman Mohyeldin, lets do it. Why has a primary race in one of the countrys safest congressional districts garnered National Attention All Of A Sudden . For decades, oregons Third District, which includes much of portland has been represented by this man, democratic congressman earl blumenauer. Last year, he announced his plans to retire, setting up a race for his replacement. Oregons Third District is in solidly democratic territory, meaning whoever wins next weeks primary will certainly cruise to victory in november. For much of the race, the former Multnomah County