square today empty space that would usually be packed with visitors. san francisco s lack of tourists could mean cuts to programs that residents rely on. a brks krrbc 7 news reporter me woodro has the story. reporter: suns around san francisco say welcome, we re open and visitors are few and far between. one of the campaigns is our gate is open. while that gate just got closed two days ago. reporter: steve rizzo is general manager at hotel g. the hotel has been closed for eight months. rizzo estimates they ve lost 8 to $12 million in that time. i imagine that a lot of places are in the same boat as we are. your cash flow runs out when you have no revenue source coming in. reporter: according to the quarterly status report released this month by the controllers office, the hotel tax is expected to drop $43.4 million below the expected $126.2 million. one of the things that visitors really do is help to pay the cost of living in san francisco and without them, it s
seen this before. a northerly breeze is in place. not that bad but it s there and will pick up by tonight into tomorrow. 50s on the temperatures. 60s or 40s on the peninsula. 60 degrees for some. millbrae, 66. pacifica, 64. there is a hint for some easterly breezes. 4:31 am. you took care of highway 25. now what? solano county. westbound 80 traffic moving along pretty well if you re driving from vallejo to hercules . not a bad commute. 680 traffic also looking pretty good and if you re driving out to the hercules area, we are off to a nice start. the super commute looks good in sodus highway 4 and interstate 680 to walnut creek. and at the bay bridge pulte toll plaza looks good. traffic is backed up and a little bit of the cash lanes. and the north bay and a small part of san mateo county people are bracing this morning for the possibily another round of pg&e power shutoffs today. pg&e is expected to tell us sometime this morning how many customers will lose power and whe
are 400 categories where government permits are required. it is one of the main issues. the number of people now know to have died in the indonesian tsunami has topped 400. the giant waves are thought to it hit a popular tourist region and may put pressure on the economy. nissan has updated months after the arrest and indictment highlighted differences for a long time partner, the shareholding policy reserving the right to sell a stake and the small holding. nissan has been called on to host a shareholder meeting to discuss governing issues. and greg kelly left jail after posting bail of 600,000 u.s. dollars. the court rejected calls to keep him in detention and the decision has gone to appeal. tell he was indicted last month for allegedly misstating the conversation of former boss gosn. going powered by more than 2700 journalists and analysts in more than 120 countries. let s do a recap of how markets closed on christmas day. the nikkei 225 tumbled 5% into bear market wi
joining me today on bloomberg studio 1.0, patrick and john collison, cofounders of stripe. i have interviewed you both separately many times and i am so excited to have you here together. we are going to start at the beginning. you were born in rural ireland. what was it like growing up the brothers collison? we grew up in the countryside. so it was like a 40 minute drive to get to school in the morning. none of the friends we went to school with lived anywhere close to us. when we came home from school, we couldn t run around and play with them. we had to run outside and play with each other. something else we used to do was we would go read books. we didn t get to the internet until i was a teenager. you got used to browsing websites or whatever, reading about these products and services, to scrutinize the fine print and be like, offer not available in the republic of ireland. the sense was staring through the glass at this amazing world and internet out there and not a
page and sergey brin. joining me today on bloomberg studio 1.0, , google chairman, former stanford president, john hennessy. thank you for joining us. thank you. i want to take you back to huntington, new york, where you grew up and ask you who was your first leadership mentor? john: a high school math teacher, who at a parent-teacher conference said, john has a fine mind, but lazy mind. why were you at the conference? john: they wanted to deliver that message in front of me. it sent a message that it wasn t good enough to be smart and have a good mind, but you had to work hard. you become president of stanford university. you write that was the realization of your dreams. gordon bell convinces you and your colleagues to commercialize your microprocessor designs. how did he convince you to take that risk? john: there was an experimental project on the west coast, but it did not translate to the east coast. he said this technology is too disruptive. if you don t go