[reading notes] item number 1, 180777, ordinane amending the planning code to require a conditional use authorization for employee cafeterias, as defined, within office space, except for existing employee cafeterias; affirming the planning departments determination under the California Environmental quality act; making findings of consistency with the general plan and the eight priority policies of planning code, section 101. 1; and adopting findings of public necessity, convenience, and welfare under planning code, section 302. We had to make some amendments i had to set for one week. Anything you would like to add about this legislation . Clerk just to reiterate that we were to considerable amount of time with all of the stakeholders in i feel like weve got most i think we are in good shape. It is an honor to be your cosponsor. Does mr. Sanchez, nothing from planning, is there any Public Comments on item number one . Seeing none. Public comment is closed. If there is no objections, w
President. Road map begins with stocks moving lower ahead of the open, investors digesting trade war fears, latest jobs numbers, the uncertainty about the feds next moves. Trump tariff threats, the president promising to tax the hell out of china until a trade deal is reached. Oil prices recovering after the worst trading day in four years. Both exxon and chevron moving higher after reporting Quarterly Results this morning. Along with inline results for july, payroll gains were revised downward for both may and june the Unemployment Rate held steady at 3. 7 for a second straight month wage growth 3. 2 from a year ago, but manufacturing weak, year to date average 8k, works 22k last year and santelli pointed out, manufacturing work hours, the lowest since 2011. We know where this is all coming from. Were continuing to get a tale of two economies. Overall a healthy job report, came in line, better participation, better wage growth, a lot to be encouraged about, but there are pockets of we
And fibers of the security and National Threat concerns. This subcommittee hearing is an hour and 20 minutes. This hearing will come to order. Without objection the chair is authorized to declare a recess at any time, welcome to todays hearing, the future of electricity delivery modernizing and securing our nations electricity grid. I want to thank our witnesses for joining us here today. This is such an important topic. Im a young guy as you can tell but ive read some history, what was like to build the electric grid a century ago. We couldnt of imagine the technologies we use to power our homes and businesses today. The real challenge was extending power itself in every form of our society and there was a challenge that those providing power make money in the cities in well Populated Areas with business and commercial opportunities, with electric the government made a basic deal, we would provide an a monopoly over providing power and a lot of these areas, firms would make a lot of m
Welcome to squawk alley. Im Carl Quintanilla Morgan Brennan has the morning off. What a morning it is too beginning with major tech earnings four big one, twitter, amazon, alphabet and intel and intels ceo bob swan will sit down with us as we look at potential datacenter recovery, pcs and unbelievable characterization of what china was like last quarter. Yeah, surprising mix, the pull in from people freaked out about tariffs actually had some benefit, sounds like, for the pc business, of course, there were some problems there as well but interesting stock action this morning. Intel actually a bit in the red this morning it had been up as much as 4 , i believe, at the open and near there. Up kit a bit afterhours and amd higher than intel which is an interesting dynamic that ill want to dig into but, you know, beyond just intel, you have lots of different earnings story, people surprised. Google, alphabet had been in the doghouse compared to peers and a lot of people got surprised by the
For Distribution Service. More independence through targeted, strategic investment distribution that the city would own and operate and pay pg e to provide service where we do not own and operate systems ourselves. And then the third option, full independence. We would pay pg e a fair market value for their facilities, become the owner and operator of the system that serves San Francisco. Here is a snapshot of the options to give you a sense of the size, revenue, and capital expenditure. The size ranges between 3500400,000 by accounts sir. 150 megawatts and by thousand megawatts. The distribution revenue ranges from 100 million per year that we would collect up to 700 million per year. The Capital Outlay ranges from 25 million annually to a few billion dollars initial investment in the system. Now, lets take a look at a little deeper dive on each of these options. Limited independence. Under this option, we would keep fighting the good fight, taking our concerns to pg es regulators. As