unable to be here. i d like to thank john carroll, our clerk, and sfgovtv. mr. clerk, do we have any announcements? clerk: yes, thank you, mr. chair. please make sure you silence your cell phones and electronic devices. copies of documents and completed speaker cards should be submitted to the clerk. items acted upon today will appear on the board of supervisors february 26 agenda. chair mar: thank you. mr. clerk, please call item 1. [agenda item read]. chair mar: this item was continued from the last g.a.o. meeting on february 6 and is sponsored by supervisor matt haney. supervisor haney, the floor is yours. supervisor haney: thank you, chair mar. before i address a set of amendments that we re going to be putting forward today, i want to say a few things about what this proposal is and also what a navigation center is. san francisco piloted its first navigation center in 2015. the model was dubbed more than a shelter and was carefully crafted to be ta shelter for
chair mar: good morning, everyone. the meeting will come to order. welcome to the thursday, february 20 meeting of the government audit and oversight committee. i am supervisor gordon mar, the chair of this committee, and i m joined by committee member supervisor matt haney and supervisor raphael mandelman, who is substituting for supervisor peskin, who are unable to be here. i d like to thank john carroll, our clerk, and sfgovtv. mr. clerk, do we have any announcements? clerk: yes, thank you, mr. chair. please make sure you silence your cell phones and electronic devices. copies of documents and completed speaker cards should be submitted to the clerk. items acted upon today will appear on the board of supervisors february 26 agenda. chair mar: thank you. mr. clerk, please call item 1. [agenda item read]. chair mar: this item was continued from the last g.a.o. meeting on february 6 and is sponsored by supervisor matt haney. supervisor haney, the floor is yours.
joining us is lindsay bell i hear you, i think earnings seeing the two-week bounce in the market, what s happening with expectations? we are seeing second half earnings, especially the third quarter numbers come down a little bit this is going to be after a second quarter where we see a decline of 1.4%. that s the expectation as we all know, earnings coming in better than expected. i would expect flat to up slightly in the second quarter but it is all about guidance as it always is because these tariffs the numbers haven t been accounted for in the second half. broad come a wake-up call it was. they re expecting $500 billion of imports to be tariffed by the end of the year so we wouldn t be surprised to see more companies to do that with us for the first hour of the story. kayla tausche has the latest, meg terrell with the latest and phil lebeau at the paris air show kayla? there s hearing under way, a last roadblock to president trump putting those new tariffs in p
are going to a chinese company that s trying to take down the american company starbucks. luckin will raise $570 million today and that money goes to doubling the number of its coffee shops in china just in the next year. tesla is in the news. the news is bad. elon musk has a new and severe cost-cutting directive. he s got a cash crunch. investors really don t like it. down another 3% this morning, $221 is the pre-market stock price as of right now. down again. the market, well, that s down this friday morning. this is all about china trade. no talks scheduled. there is a report that china s canceled an order for 3,000 tons of pork from american producers. not good. separately, the administration s delaying by six months tariffs on european cars. the dow is going to be down about 200 points. all right, everyone. here we go. friday morning, varney & company is about to begin. the assumption that a lot of people are not able to pursue the so-called american dream, i m a
now. president biden says he intends to visit the southern border next week. he s doing it because he s being forced to come and because he wants actual sources. the vatican getting ready to say the final farewell to pope emeritus benedict. encouraging updates on damar hamlin. he remains in the icu. signs of improvement noted yesterday and overnight. things are moving in a positive direction. pulling for damar. niagara falls lit up in blue for support. can you meet me halfway right at the border line is where i m going to wait for you i ll be looking at night and day ainsley: this is called dance club mornings on fox & friends. every morning we started out with something that people dance to at the club s. brian: but that has something to do with the standoff we ve been witnessing been witnessing. ainsley: what are the lyrics of that sans? steve: meet me halfway. ainsley: that s appropriate. steel and our sound guy is our musical