Surveillance. I am Francine Lacqua here in london. This is what the markets are doing, focused on the lack of stimulus coming from the u. S. They are also focused on the earnings. I see a bit of zigzagging. The other thing i am watching for is the pound. A lot going on, you know, in the next 12 hours, when Boris Johnson needs to decide whether to abandon talks with it eu, giving the clear signal of what he wants in order to remain at the table. We have a pack show today. Talk top at 9 30, we the irish finance minister that wedonohoe, and speak with ignazio visco, the Banca Ditalia governor. Now lets get to the bloomberg first word news in london with leighann gerrans. Hi, leighann. Leighann good morning, francine. The boeing 787 has been deemed safe to fly. The news comes besides a software upgrade, not being done it for up to two years. The max was founded in 2019 grounded in 2019 after two fatal crashes. President trump and joe biden held separate town halls last night, 1000 miles ap
Split. Well tell you why invesetors ae piling in today. Energy companies have shut in production we have the latest on the impact of tropical storms marco and laura. Power lunch starts right now thank you, tyler as you mentioned its shaping up to be another record breaking week on wall street. That means even more evidence mounting that stocks are getting pretty expensive bob is following the markets for us bob. Yes it is. Right now we have very light summer volume. We have fairly narrow trading range today. I like what i see and i like what i see for one particular reason for once its not all about Technology Stock it started out that way at the open but it quickly changed and investers decided maybe the tech stocks are too pricey afterall today were seeing Energy Stocks bank stocks out performing, even industrials out performing the Technology Sec tore. Thats a big change of pace for the last couple of weeks i want to show you something to give you an example of how it changed. Apple
Broadcasting this. Clerk any documents to be included as part of the file should be submitted. Would you call item number one. Clerk 1. Resolution authorizing the Mayors Office of housing and Community Development to accept and expend a grant in the amount of 300,000 from the California Department of housing and Community Development to provide funding the west side of San Francisco districts 1, 4, and 7 for i am the sponsor of this particular item. And i just want to also really thank member ting to have worked closely with us to secure these funds in support of our neighborhood in the west side of San Francisco growing our capacity to get rental buildings. In my district over the last ten years, ive last 400 units of Affordable Housing. On the east side of San Francisco, there are several amazing nonprofit organizations that help stabilize these buildings through acquisition and property management. On the west side, we simply do not have the organizational capacity to meet this need
Would you call item number one. Clerk 1. Resolution authorizing the Mayors Office of housing and Community Development to accept and expend a grant in the amount of 300,000 from the California Department of housing and Community Development to provide funding the west side of San Francisco districts 1, 4, and 7 for i am the sponsor of this particular item. And i just want to also really thank member ting to have worked closely with us to secure these funds in support of our neighborhood in the west side of San Francisco growing our capacity to get rental buildings. In my district over the last ten years, ive last 400 units of Affordable Housing. On the east side of San Francisco, there are several amazing nonprofit organizations that help stabilize these buildings through acquisition and property management. On the west side, we simply do not have the organizational capacity to meet this need. This funding will help us change that and im so appreciative of phil ting to his commitment o
Broadcasting this. Clerk any documents to be included as part of the file should be submitted. Would you call item number one. Clerk 1. Resolution authorizing the Mayors Office of housing and Community Development to accept and expend a grant in the amount of 300,000 from the California Department of housing and Community Development to provide funding the west side of San Francisco districts 1, 4, and 7 for i am the sponsor of this particular item. And i just want to also really thank member ting to have worked closely with us to secure these funds in support of our neighborhood in the west side of San Francisco growing our capacity to get rental buildings. In my district over the last ten years, ive last 400 units of Affordable Housing. On the east side of San Francisco, there are several amazing nonprofit organizations that help stabilize these buildings through acquisition and property management. On the west side, we simply do not have the organizational capacity to meet this need