Governor, jerome powell. Those stories and more in just a moment but first, we have breaking news on halliburton. Lets go to our chief market correspondent, scarlet fu. Halliburton, the Oil Services Company is cutting 6. 5 percent to eight percent of its workforce. No layoffs planned due to the baker hughes deal, but this is because of the Challenging Market environment. Those were the exact words used by the company. Total had come total headcount at halliburton is about 80,000. The Houston Business Journal reported halliburton would be cutting between 5000 and 6000 jobs. Oil prices have plunged from their highs of last year. If you look at how halliburton shares are performing, take a look at the bloomberg terminal. This is the intraday chart and you can see we opened lower and have been on a little bit of a recovery and yet when the news hit we had our lows of the day, down 2. 8 at the moment. Thank you. Lets return to washington and our chief washington correspondent, peter cook, w
Katy tang, had credentials, great experience in the neighborhood, knows her way around here, is an obvious person to serve on the board of supervisors. When it came to selecting mayor ed lee for the interim mayor of 2011, i was one of the persons who voted in favor of mr. Lee. My concern was at that time was the process, how a small group of people could make decisions that really should be handled by thousands of people through our electoral process. The lack of checks and balances in the important process means a small minority of people, us, and the interests that are behind us selects who will fill vacancies in the Mayors Office or on the board of supervisors. If we approve this measure, it would allow voters to decide who fills vacancy in special elections. Then we move from a Selection Process with a small group of people to a more Democratic Electoral process, one where thousands more people participate in the process even in small turnout elections. That would be our special el
That appointee will not be running in that future election. We imagine that a legislative aide for a former supervisor or another City Employee would be well suited to serve as interim supervisor. Who would not be running in the special election, but there are many people who are qualified and the qualifications that you have for running for supervisor in any district are endless and there are endless number of people who could work very well to fill those positions. Electionses are a great way to determine and allowing the voter to decide, a great way to determine how these vacancies get filled. Ensuring legislation we paractionv to [speaker not understood] whether that person could return to another city job after that persons term is finished. Supervisors currently are proceeded from seeking other city employment after the term of one year of office. I believe we can make an exception for someone who serves only 3 to 4 months in an interim supervisor capacity. We do not feel that th
Section 101. 1 b ; and waiving certain provisions of administrative code, chapter 56. ~ chapter 56. Item 40 is ordinance amending the planning code, section 249. 45, to provide for use controls, including controls for formula retail uses, building standards, and procedural requirements, including noticing and Community Participation procedure, for applications for development, including Design Review and modifications, among other controls, in zone 1 of the schlage lock Visitacion Valley special use district also referred to as the schlage lock site ; amending the zoning map by amending sectional maps zn10 and ht10 to reflect the Visitacion Valley schlage lock special use district; and making environmental findings and findings of consistency with the general plan and the eight priority policies of the planning code, section 101. 1. ~ district. And item 41 is an ordinance amending the general plan to amend minneapolis 1, 24 and 5 and [speaker not understood] and making the requisite fi
Weather on the way. It is dry and San Francisco but cloudy. We did see measurable amounts in the north bay. It is really not until we head into the afternoon probably the evening commute will be most of where the rain will fall. We certainly have more moores jerk on the way and you could see all the clouds that are associated with this system. At 9 00 a. M. We really would not be seeing much perhaps just some light rain. The rest of us will be dry. As we put the clock into motion by 2 00 p. M. The rain or at least arrange chances will head south toward and perhaps light rain for the east bay interior valley. Take a look at a later on today when the heaviest rain is expected to fall. We will continue with rain for wednesday morning as well. It is really just want to be offered on the showers for the next couple of days. Most locations will be at the upper 50s low 60s. Your 7 day around the bay highlights unsettled weather and we will start to clear things up by thursday morning. Plenty