Lots of earnings coming out. Ups is the latest. They are withdrawing their 2020 forecast for revenue, as well as eps, as we have seen from Many Companies trying to estimate the impact. Theirre withdrawing forecast. They are suspending the Share Buyback for 2020. We want to get you all of todays top moving news from new york and our london team. We want to begin with the volatility in the u. S. Oil market. Wti at one point falling below 11 a barrel. Bps ceo, after the Company Released firstquarter results which showed a 2 3 drop in profit. We have a situation where we have excess supply, and storage is filling up. Cushing is 70 full. People think we will reach completely full sometime in may. We are very fortunate to have a large trading organization, and they have been able to find a physical home for our crude, but not everyone is that fortunate. What is happening here is a very simple case of supply and demand, and the market really isnt going to find some stability until that comes
Particularly when it comes to equities. 0. 3 . 600 up by the eurodollar just turning negative in front of our eyes. Its been positive for most of the day. As you can see, the movement is to the downside, as it is with brent crude coming out trading 57. 24. We are down by 0. 2 . This talk about what is happening in brussels. This week, the European Union would unveil big plans for rules on Artificial Intelligence and Data Management ahead of the socalled white paper. Has beenns tech czar meeting with facebooks mark zuckerberg. Joining us from brussels, bloombergs maria tadeo. Talk us through how important these rules are going to be. Important because these rules will have a Significant Impact on u. S. Technology companies. European regulators want to get tax reform on Digital Services. A tax on Companies Like facebook. Define a newt to frontier for Digital Services that has to do with Artificial Intelligence, facial recognition, and so on. This meeting was crucial for mark zuckerberg,
Good afternoon. Welcome to the San Francisco board of supervisors meeting of tuesday, december 17, 2013. Madam clerk please call the roll. The clerk supervisor avalos, chiu, cohen absent, ferrel present, supervisor kim, present, supervisor mar, present, supervisor tang, present, supervisor wiener, present, supervisor yee, pre. Mr. President you have a quorum. Thank you. Ladies and gentlemen can you join us on the pledge of allegiance. Pledge of allegiance. Madam clerk, any communications . Speaker there are no communications. This week representing the even districts specifically district eight and 10. The mayor may address the board up to 5 minutes. The president will recognize the supervisors in question so long it does not exceed. I want to pensacola you back to the final question in time in the year 2013. If you have any open comments, i would love to hear them. Speaker thank you president chiu. Happy holidays during the winter months its important to think of our most vulnerable.
Present, supervisor kim, present, supervisor mar, present, supervisor tang, present, supervisor wiener, present, supervisor yee, pre. Mr. President you have a quorum. Thank you. Ladies and gentlemen can you join us on the pledge of allegiance. Pledge of allegiance. Madam clerk, any communications . Speaker there are no communications. This week representing the even districts specifically district eight and 10. The mayor may address the board up to 5 minutes. The president will recognize the supervisors in question so long it does not exceed. I want to pensacola you back to the final question in time in the year 2013. If you have any open comments, i would love to hear them. Speaker thank you president chiu. Happy holidays during the winter months its important to think of our most vulnerable. Thats why i want to thank the Inter Faith Council for providing shelter. Tht the 8th year. The congregation has provided shelter to homeless. These protocols mean that every vacant shelter bed is
Present, supervisor kim, present, supervisor mar, present, supervisor tang, present, supervisor wiener, present, supervisor yee, pre. Mr. President you have a quorum. Thank you. Ladies and gentlemen can you join us on the pledge of allegiance. Pledge of allegiance. Madam clerk, any communications . Speaker there are no communications. This week representing the even districts specifically district eight and 10. The mayor may address the board up to 5 minutes. The president will recognize the supervisors in question so long it does not exceed. I want to pensacola you back to the final question in time in the year 2013. If you have any open comments, i would love to hear them. Speaker thank you president chiu. Happy holidays during the winter months its important to think of our most vulnerable. Thats why i want to thank the Inter Faith Council for providing shelter. Tht the 8th year. The congregation has provided shelter to homeless. These protocols mean that every vacant shelter bed is