That could spark an ugly storm for investors in chinese stocks. Just back from asia, undersecretary of state for economic growth, keith crock, is here live to react. He will reveal the new weapon our government is using to counter chinas fastgrowing technological might. The deadliest day of the coronavirus pandemic, now at this hour has los angeles going into full lockdown mode. We are on the ground in l. A. As businesses shutter in realtime. From College Dropout to ceo, the youngest selfmade billionaire in the world with us live on the day his tech company goes public. Discussing the risks he took that triggered his laserlike rise to the top. First, we begin with a fox business alert. The tweet heard round the stock market with billions in Coronavirus Relief at stake. House speaker Nancy Pelosis deputy chief of staff just put out this tweet in the last hour and a half that used covid relief and as soon as possible in the same sentence. The tweet confirmed that the speaker and Senate L
Im Andrew Ross Sorkin with joe kernen and melissa lee becky is off again we are about 111 points up now s p 500 looking to open about 11 points higher. Flip is around and show you we are at. 952. Still under the six handle i always wonder what the bond vigilantes are thinking now relative to our little equity world. Worth noting we are still 3 well away from the february record highs some highlights. The ceo of Tractor Supply, auto nation venture capitalist, treasury secretary mnuchin, house leader and twitter ceo. A huge lineup straight ahead thats a big show yeah. You guys always have a big show but this is particularly large. For you because you are here people said, melissa will be on book her i think they wanted to do it for you but i think they were scared if they didnt do it of me thats the feeling they got they didnt want to disappoint you. I doubt it thats nice to say but i doubt it im not a scarey person. Im not. Maybe to you nows this morning out of washington. Reaching Comm
, please tell me about todays approvals of the parliament in the review of the second part of the budget bill. In the name of god , i say hello to you and the viewers of the sahn news channel publicly, the Islamic Council is still under the chairmanship of mr. Qalibaf, the speaker of the parliament , today, the representatives are reviewing the tables of the budget bill 1403. It was a few minutes ago that the review of the tables was finished. Now, mr. Zare, the spokesman of the budget bill consolidation commission, is here in front of the camera of khabar network. Tell us the most important decisions of the tables, mr. Zare, please tell us what was the most important sabbat we had . In the name of allah, the most gracious, the most merciful, i would like to say hello, of course, i would like to announce two news before that , one is for the discussion of pensioners and their equalization , because the seventh program has not yet been announced. The former kamanfe settlement is in its
Fee for nonresidential and pdr projects filed before july 24th to pay it with the partial rotunda. Supervisor alavos will be leading the discussion. Good it you this is hopefully, the culmination of years of work moving this item out of committee we the item before you amendments made to the Transportation Sustainability fee we made them in december of last year these railroad also an amendment ive attempted to make in the fall of last year before i begin i want to thank the Planning Department and the mta. All of their work developing these new fee structures for Development San Francisco they are significant improvement on the previous tdif and include the retain that had not been impacted but now in the tdif so to make that clear the proposed fee is not near significant to offset the impacts that the developments have on the Transportation Network and the Economic Feasibility study houses shows it sport a higher fee without the feasibility of the projects this ordinance has made two
So there is some things we need to decide to figure out how were Going Forward the short answer we have at the end of the year last year, we had identified a couple of specific items that we had identified as risks the biggest ones were the reduction the capitated rate for medical expansion population and this is about 167 167 million and an associated i g t that rates had been going to i pack we had the fund retired were drawing them out in fiscal year 20162017 to cover that shortfall in fiscal year 20172018 we are doing a similar were taking a similar approach to draw fund reserved but we anticipate is that well be doing that in a one time basis and then resolving the issues that are underlying the needs to draw from reserves the budget Going Forward so really not be independent on drawing from the reserve year after year were trying to use it as a way to capture on things unforeseeable and clean up things Going Forward in the budget and i think your suths e suggesting we want the re