Thank you, and good everyone. Welcome to the atlanta gateway. 96 gateways that we operate across america and as you know, atlanta is the u. P. S. , so s for were honored to be hosting todays meeting with mr. President. Welcome to u. P. S. I would also like to give a warm welcome to secretary chow and secretary purdue, and, of and all overnor kemp, of the state and federal legislators and delegates who us today. Ith please give them a warm welcome. [applause] [applause] u. P. S. Is a company of almost 500,000 dedicated employees. We deliver packages in more than territories. S and ur u. P. S. Automobiles, our package cars put on nearly four billion miles every year. Thats billion with a b. Operate the ninth Largest Airline in the world. U. P. S. Ers deliver andntial goods to americans people across the world. Were honored to do that. Couldnt do that if we didnt have infrastructure. Ability to serve our customers, our ability to our ability to run an environmental responsible company, it
New claims actually rose. And 17 Million People are still drawing Unemployment Benefits. I believe thats a negative for the overall market. Get to that in a second. Look at this. Amazon, apple, google, facebook, the day after the top executives took a pounding from the politicians, these stocks went up during those hearings. They are down in preMarket Action this morning. Hold on. All four of these giants will report their earnings later this afternoon. This is big techs big day. My opinion, these Companies Need blowout numbers to sustain their very lofty stock prices. Watch it unfold at 4 00 this afternoon on this network. Overall, i got a lot of red ink to show you. The dow is looking for a loss of over 300 points, down maybe 40 for the s p and off 131 on the nasdaq. Heres one of the negatives thats hurting the market. Emergency virus relief. It runs out in 24 hours. Congress is divided over how to replace it or extend it. Investors want more stimulus but theyre not sure they are goi
Enforcement in creating systemic change toward that goal. However, to have full conversation about policing it is imperative to deeply understand the system of policing and its budget, and that brings us to our hearing today. My office worked to include questions in the report that would give this committee as much insent insight as possible into the Police Department inned a vance of the process in august. I anticipate there may be questions asked today that there arent immediate answers to. My staff will be tracking the inquiries and work on the followup report and that the board has the information it needs. I would like to remind the committee that the Police Department budget would come before this committee again and come before us two more times and in august and engaged in the full budget process. I want to turn over to the presentation today nick menard from the budget analyst and chief William Scott from the Police Department. The San Francisco Airport Authority is also here
I want to take you live right now to the ups airport hub in atlanta, georgia, where you can see the crowds forming. At any moment, President Trump is expected to announce a new policy that he says will expedite and modernize the approval process for major Infrastructure Projects across the united states. Projects that often take years to complete, they take so long sometimes, Companies Just abandon their effort. We are going to take you straight to atlanta as soon as the president makes what could be a marketmoving remark. The bulls are still humming but they were singing at the top of their lungs earlier in the session. Dow jones industrials had spiked 428 points. Its up 129 right now. In the Early Morning move, there was very encouraging news out of moderna. Modernas experimental Covid Vaccine produced virusfighting antibodies but investors appear right now to say you know what, we still want the buy stocks but they see the rally as an opportunity maybe for a little sector rotation o
Public comment will be available on each item on this agenda. Sfgovtv are streaming the number across the screen. Each will be allowed two minutes to speak. Opportunities to speaker is available by calling 408 4189388. Access code, 1461315200. Then press pound twice. Then connected, you will hear the meeting discussion, but you will be muted an in listening mode only. Best practices are to call from a quiet location. Speak clearly and slowly and turn down our television or radio. Alternatively, you may submit Public Comment in either of the following ways. When you submit Public Comment via email, it will be forwarded to the supervisors and be included as part of the official file. Finally, spanish and chinese interpretation are available for those who need services during Public Comment period. Im pass on to the interpreters to provide a summary of this announcement. Speaking in spanish. [speaking spanish]. [speaking spanish]. Thank you, madame clerk. [speaking chinese] [speaking chin