Robots to assist in social distancing well talk to the president of George Mason University about that schools hightech Higher Education plan power lunch starts right now thank you. Lets take a look at where we stand with the markets at this hour the dow and the s p are on track for their first weekly declines in a month its now down for the second week in a row. Down another 92 points today big piece of that, check out apple down again today now down about 4 for the week the stock is still up 90 from its 52week low. Its been a rough slog for apple. The bioteches are weighing os the nasdaq you can see the two themes playing out now as we look to close out the week health care and technology, the underperformers today. Theres only one sector in the green. Its Consumer Discretionary and just by a hair tyler. Thank you. Lets send it over now to kayla for news about the other story that is driving the markets today and that is those rising tensions between United States and china. Kay kayl
Years. And lots to come on the show. Two big ceo interviews on the back of earnings in a few minutes well speck to the owner of Outback Steakhouse blooking brands and later the ceo of boston beer will join us that stock surging after the truly hard seltzer brand helped boost sales. Looking forward to both of those interviews were down. 6 lets get to the big stories were watching meg tirell has more on the signing. And mike san totoli is joining s meg, let aers start with youen that executive order news. Hi. Drug pricing hasnt been in the conversation as much this year as the drug industry has been racing to develop vaccines and drugs for covid19 but the president reportedly planning to sign an executive order with a few different aspects on drug price this is afternoon. One could be allowing importation of drugs from canada where theyre price moored cheaply. Another could focus on tying prices to basket of prices from other wealthy countries. And a third could focus on providing free i
Aba. President yee to highlight not only those on the frontlines of the Health Crisis serving our community, but also those who have been leading the movement in racial justice. They are people, many argue, for making a difference in organizing and advocating for a brighter, more equitable future. These are [inaudible]. We have so much to celebrate, and it only takes one person to create a Ripple Effect to transform the world. Im calling on the city and all of you, my colleagues, to promote this campaign and to nominate as many as you can. The website is www. Onemillionawards. Com. Can i have a motion and a second . Supervisor fewer so moved. Supervisor stefani thank you. President yee thank you. Madam clerk, would you call the roll, please. Clerk certainly. On the motion [roll call] clerk there are 11 ayes. So the motion to amend passes. I also want to thank the cosponsors, supervisor mandelman and supervisor peskin, and i believe, supervisor peskin, your name was on the roster. Did y
The meeting will come to the order. This is the july 8, 2020, rescheduled budget and finance meeting. Im sandra lee fewer. Im joined by supervisor walton and mandelman. I would like to thank sfgovtv for broadcasting this meeting. Do we have any announcements . Yes, madame chair. Due to covid19 Health Emergency and to protect board members, City Employees and the public, the board of supervisors legislative chamber and Committee Room are closed, however, members will be participating in the meeting remotely. This is taken pursuant to the state orders and directive. Public comment will be available on each item on this agenda, both channel 26 and our website, streaming the number across the screen. Each speaker will be allowed two minutes to speak. Opportunity to speak during Public Comment period are available by calling 408 4189388. Meeting i. D. , 1461315200. Again, 1461315200, then press pound twice. When connected you will hear the meeting discussion. When your item of interest come
Associated with that multibillion Dollar Program and this geo specifically provides match and is part of that full funding plan. Capitalwise they will continue to be sustained by the citys proposition k sales tax. But we do, as tim noted, are continuing to have discussions with them longterm. Supervisor fewer okay . Thank you. Any other comments, questions, from my colleagues. Seeing none, could we have a b. L. A. Report . Yes, chair fewer, members of the committee, 4 and 5 i prove the issuance of 140 million in general Obligation Bonds for transportation improvement projects. We summarized the use of the bond funds on page 10 of our report and sort of the overall bond projects on page 11 of our report. Estimated debt service on the bond would be 9. 7 million per year as discussed. The impact on the property tax rate would be for property assessed at 600,000 would be 20 per year. This does fall within the citys capital debt limit and capital plan tax rate limit. We recommend amending t