forecasts. busy earnings this morning the dollar s tear continues now for a sixth consecutive day. bbt buying suntrust in an all stock deal to create the nation s sixth largest bank. plus, global growth fears return stocks returns to a sharply lower oath young brands down on the premarket. the fast food giant with an earnings miss. bbt and suntrust agreeing to combine what they re alling an all stock merger of equals valued at $66 billion. the deal will create the nation s sixth largest bank and serve more than 10 billion customers. ceos will join us in about an hour s time, kelly king and bill rogers a lot of discussion on what it means for regionals and financials at large. it s really taken a long time for this to happen i know founding fathers never wanted any bank to have more than 10% 10% deposits. what s incredible here is you have huge overlap and huge tech costs. you cut the tech costs eye gag c gigantically i assume when we talk to them they ll be talkin
months that maybe nobody knows about, so it s kind of sharing that back and forth. but yeah, it is a fine line. we are not forcing anybody to do anything. people need to fill their vacancies. we understand that, but a lot of people are coming around and seeing that we really need to have a good mix, and you know, with the traffic pattern being so clearly obvious around the wharf, you know, coming through pier 39, down the promenade, all the way to hyde. maybe they make it all the way to ghirardelli, maybe they go down to jefferson street. there is one property on the wharf that has an ownership outside of the country. the person has been talking to the ownership, and this report basically backed up everything that he s been saying and is now getting support from his ownership, so there s been some good headway. thank you. commissioner maki? are you planning [inaudible] yeah. so we are actually in renewal, our renewal process right now. we were founded in 2005 and 0
that back and forth. but yeah, it is a fine line. we are not forcing anybody to do anything. people need to fill their vacancies. we understand that, but a lot of people are coming around and seeing that we really need to have a good mix, and you know, with the traffic pattern being so clearly obvious around the wharf, you know, coming through pier 39, down the promenade, all the way to hyde. maybe they make it all the way to ghirardelli, maybe they go down to jefferson street. there is one property on the wharf that has an ownership outside of the country. the person has been talking to the ownership, and this report basically backed up everything that he s been saying and is now getting support from his ownership, so there s been some good headway. thank you. commissioner maki? are you planning [inaudible] yeah. so we are actually in renewal, our renewal process right now. we were founded in 2005 and 06. we are two different benefit districts, the land side, whic
comment on this item? i m kevin carroll. i just want to thank troy and the community benefit district. as he mentioned, we have 3200 hotel rooms and probably 2,000 employees that are just in the hotel industry alone on fisherman s wharf. and looking at it as just a comprehensive and strategic look at how the retail components of that can help everybody, including the city. i just want to thank him for all the work of him and his team for putting this together. thank you. is there any other public comment? seeing none, public comment is closed. commissioner woo ho. thank you very much, troy, for that presentation. i think it was probably well timed or consciously timed to be part of the following the waterfront land use plan presentation. so it dovetails, give us a little bit more, i guess birds eye view into a section of the waterfront that is near and dear to everybody s heart in terms of the fisherman s wharf area. i think it was very infotive in letting us know th
transportation is trying to clear the debris quickly and safely. chp is estimating that all the roads are back open around 6:30 or 7 p.m. tonight. in piedmont, jackie ward, kpix 5. could sure hear them working in the background! in san francisco traffic is diverted off the great highway due to the flooding. the road is shut down right now between lawton and juda. no word on when it might re- open. drivers are being asked to avoid the area altogether. and there is some escaping the rain at least. even as we show the low that hit us with more than 2 inches of rain today. it s now heading south. the heaviest downpours slamming into the sierra at this hour pushing into the south bay flat-out rain this afternoon giving way to scattered showers. not much left. up north, not much left. in fact, we ll have a chance to drain and dry tomorrow. but there is more on the way. so is the forecast in a few minutes. tonight the lights are back on in the east bay after widespread power