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House democrats accuse apple, google, facebook and amazon of abusing their market power and that Congress Needs to rein them in. Eli lilly asking the fda to authorize emergency use for its experimental covid19 antibody cocktail those shares are rallying ahead of the open. Jim, markets trying to do a bit of a reset now as goldman weighs in this morning and says airline stimulus likely, further ppp probably not likely. What are we . Well, i mean, i think that the market went down after what the president said the president was talking about market hitting new highs and the only person that was sending them down was him. I think he does react. I think it is probably, youre not going to get that, say, listen, the dow was down, there is really in other reason. He completely dismissed Speaker Pelosi i dont know what he did with what secretary mnuchin was speaking about, whether the ....
Not a pretty chart. How concerned is the governor of the bank of england . Governor is extremely concerned. We also had forecast this morning from the ob are, the fiscal watchdog, suggesting unemployment is going to remain extremely elevated and is likely to rise into next year. That will make the governors job in the chancellors job very difficult. The real question is, where does the stimulus come from . Does it come from the treasury in westminster, or does it come from the bank of england . I suspect it will be the bank that does the heavy lifting, not the treasury. Both will have to do some, but the onus is going to fall on the governor. Tom this is the theme of surveillance today. Now that we drift to the end of july, the middle of july, we begin to see gdp data from may and june, the change to Political Economic dialogue. In new york city without first word news come here is ritika gupta. Ritika good morning. Vice presi ....
Simply based on the long delays that the public has been observing with the work with public works. But we should have an update soon i would imagine. But, yeah, the timeframe i think that theyre reevaluating right now. Theres been many of our smaller projects, however, that were not allowed to proceed during shelterinplace and like neighborhood and traffic on main and the required work by actual work crews working together, they were deemed nonessential. Okay, thank you. Okay. Commissioner safai. Commissioner safai thank you, chair peskin and thank you mr. Tumlin. So i understand the fiscal outlook. Can you talk a little bit more about what some of your adjustments would be if and when and hopefully the cares act passes and theres additional moneys that come down to the transportation agencies, because i know that you have to present the situation based on the funding scenarios that we have. But i also know that the state and the federal government are going to do everything they can ....
It is a deceptive wednesday to say the least. We are focusing on stimulus and will do that across all of uber surveillance this morning. Bloomberg surveillance this morning. The president of brazil, and this is a statement, he has a little cold, has the virus as well that is touching us all worldwide. Francine it is. We have been trying to track the virus to understand what it will become. It is clear is is a bit more under control. In china, in europe, and but it is ravaging many parts of india. It is concerning in latin america and certain parts of the u. S. We are trying to figure out what that means in terms of lockdown and what it means the impact, future impact, on any reopening of the economies. Tom without question, the zeitgeist asked america with the residents event yesterday president s event yesterday is children and back to school and what that means for the economy. News, now word to our first word news. A temporary testing site is being set up in louisiana, texas, and fl ....
When youre called for Public Comment, mute the device youre listening to the meeting on. When its your time to speak, you will be prompted to do so. Youre limited to three minutes a speaker unless otherwise established and speakers are requested and not required to state their name. Sf gov tv, please show the business slide. We will start with the Small Business commission this is the Business Forum to voice your opinions that affect the Economic Vitality of Small Businesses in San Francisco and this is the best place to get answers about doing business in San Francisco about the local emergency. If ....