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San francisco, welcome to bloomberg west, where we Cover Technology and the future of business. I am cory johnson. Oil prices on the rebound, brent crude continuing to bounce off the bottom, and brent crude rallied from their low last month, and the head of Capital Management on the impact of oil. Good news about the oil side is it is good for the economy. There are a lot of consumers who have more money in their pocket today than they had six months ago. And the economy even before the gas prices went down was doing pretty well. Cory gains across the board. And j. M. Smucker buying a pet brand company, a deal valued at 500 billion. The cash and stock deal boosting debt. They make kibbles and bits, meow mix, and other classic pet treats. . 4 billion in sales for fiscal year 2016. And apple has raised 6. 5 billion in its latest bond sales, taking advantage of lower inter ....
Bloombergs European Headquarters in london. Breaking news from the iea, the International Energy agency. The report is out and the iea says opecs supply they see opecs supply jumping the most in four years on saudi surges or beget we had a story saying iran is the latest country to jump on the bandwagon, asking for opec production to the cut. Nymex at 54 brent 59. Chinas economy is in the spotlight with all Global Economic indicators pointing to a deepening slowdown. Stocks are headed for their biggest drop in weeks. Bloombergs chief asia economist joins us now from beijing. Tom orlik. Gdp came in target on 7 . The data actually disappointed. What should we read into all this . Tom i think that is right, francine. There was some good news. The premier said he wanted 7 growth for the year. In the first quart ....
We solicited input from you, the council, as best we could toen corporate in our plan and what we spoke about was the creation of an online housing data portal in our attempt to make access to our unfortunately somewhat limited Affordable Housing more achievable by the broad range of San Francisco residents. We are here to give you an update on the process. I will give you a little bit about where we are and who we worked with to get to this point and then mr. Solomon will talk a little bit more specifically about the technical aspects of creating the website and my primary point is that to give you some information but to actually solicit as much input as we can get from you before we go forward with factual design process so that we can make sure we address all of your needs. Up to this point we have been working with sales force. Com that has provided the initial platfo ....
You an update on the process. I will give you a little bit about where we are and who we worked with to get to this point and then mr. Solomon will talk a little bit more specifically about the technical aspects of creating the website and my primary point is that to give you some information but to actually solicit as much input as we can get from you before we go forward with factual design process so that we can make sure we address all of your needs. Up to this point we have been working with sales force. Com that has provided the initial platform for an online portal for our below market rate rental and ownership units. It hasnt launched yet. Its still in our beta testing processes. But we hope that it will be able to be launched im hoping within the next few months. Along with that, that was phase one of our process and then we started with our below market rate units because they were a portfolio that was within our control. We oversaw the application process and the lottery pro ....
Much input as we can get from you before we go forward with factual design process so that we can make sure we address all of your needs. Up to this point we have been working with sales force. Com that has provided the initial platform for an online portal for our below market rate rental and ownership units. It hasnt launched yet. Its still in our beta testing processes. But we hope that it will be able to be launched im hoping within the next few months. Along with that, that was phase one of our process and then we started with our below market rate units because they were a portfolio that was within our control. We oversaw the application process and the lottery process. In phase two, our department and partnership with the Mayors Office of civic innovation will be expanding the pool of possible Affordable Housing options to include the broader range of 100 affordable ....