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Transcripts For KGO ABC7 20240704

Move. Julian. A first step being the key to all of this right here, the San Francisco board of supervisors voted unanimously to apologize to black residents of the city of San Francisco for decades of discriminatory policies and systemic discrimination that amount to antiblack racism, an important first step with a complicated and long road ahead. We have much more work to do, but this apology most certainly is an important step, and one of the over 100 recommendations made by the African American reparations and advisory committee. The resolution is adopted unanimous. With that move, San Francisco joins a short list of major u. S. Cities and states that have taken the first steps to repair its black residents is a long overdue apology. We know that an apology without action rings hollow. Supervisor Shamann Walton wrote the legislation to create the African American Reparations Advisory Committee to develop recommendations for repairing harm done to the black community by the city gove

Transcripts For BLOOMBERG Bloomberg Markets 20160208

The selling is fairly steep. A selloff that is not only steep but broad. , everythingthe imap is in the red. Energy is declining the most, not surprising with whats happening in oil prices. Financials, discretionary also participating. I want to point out one stock, chesapeake energy. Reports that the company will be one tranche of its debt. There has been a lot of concern over the oil and gas producer. The stock has been halted several times this morning. I believe it is currently halted once again. This is what happens when you see big movement in a stock. It looks like that is happening with chesapeake as it declines. Lets get to oil prices as well. 30. 08 a barrel, as there is still the same concern as in the markets as far as the demand equation. Interest inat open crude futures, on the long and looking atso we are short contracts in yellow come along contracts in white. Added together, you have the largest amount of open interest on these futures going back to 2006, when they sta

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