. >> reporter: kansen chu says this whole thing is due to a misunderstanding. a bad translation from his native mandarin into english but it's not stopping some of his critics from calling for his resignation. in a june 11 article in the chinese language world journal, a metal member kansen chu claimed many latino parents do not care about their children's education or sending them to college and that many latino and african americans are quote unable to compete due to unresolved structural economic and educational problems. today latino and african- american civil rights leaders called the comments racist. >> we find his remarks to be outrageous and we are calling for his resignation. >> reporter: the comments came after a discussion on a constitutional amendment five which would put a measure on the november ballot to repeal proposition 209 and reestablish affirmative action in california. chu abstained from voting but critics say the comments show his true colors . >> mr. chu's remarks strikes the hearts of the hispanic community and asian community and blac

today i wanted to start with assembly man chu. you voted for it, why? >> i voted for it because of the structural racism we have in our society today. you take this moment in history, racial disparities within it comes to the protest on the streets because of our criminal. we need to addres after proposition 109 said we shouldn't have the ability to address structural racism. we think we should have a chance in how we address public deployment and public contracting and education. >> you led the spike to ban affirmative action 24 years ago. will you lead the fight to bring it back? can you try unmuting yourself? i don't know if that the issue. we are currently not able to hear you. so it could be the mute on your laptop. do we have him on our way back? all right. or if you can work on that, because we think there is something on your end with the audio but in the meantime, i want to bring in the region, estellano. how soon will you be able to consider rain in offering emissions? >> we would immediately take it up with the uc board

that is congresswoman judy chu from california.oming up on "balance of power" we will talk with jeffrey sachs, the scholar and the author about the systemic effects of inequality, something he has written about in his new book, "ages of globalization." that is coming up on "balance of power" on bloomberg television and radio. ♪ david: this is "balance of power on bloomberg television and radio. our stock of the hour is american airlines. it is up because it appears air travel may be coming back. to explain that phenomenon, we welcome kailey leinz. kailey: american is up by some 26%, the best day for the stock in two months. blue skies earlier than a lot of people expected. american announced it is upping its capacity for july by 74% from current levels. they will fly about 4000 flights on the busiest day of the month, up from 2300 flights in june. this is a big improvement because they say there has been a surprise rebound in travel demand. the company executive says the consumer is "hungry" for travel at shelter-in-place orders be

so assessor chu, i will turn it over to you. >> mr. president, wil while i he great and abiding respect for my former board of supervisor's colleague, carmen chu, i think this would be the right moment with all respect, mr. president, to ask our chief health officer questions. and i'm prepared to do so, but i don't want to interrupt the flow of a power-point presentation. but i think that, sir, i respectfully suggest that this be a moment where we can actually ask the chief officer, not my former colleague, our current recorder some questions. >> i can see that you're ready to get off your chair, so i'll be flexible and i want to be respectful of my colleagues when they're being passionate about their questions. i probably have a question or two in regards to this presentation. so why don't we do that and so let's open it up and not just to you supervisor, peskin, but anybody else our colleagues, if you have questions of dr. arag dr. aragon. >> i will defer to any other members of the elected body, including you, mr. president. i have

so assessor chu, i will turn it over to you. >> mr. president, wil while i he great and abiding respect for my former board of supervisor's colleague, carmen chu, i think this would be the right moment with all respect, mr. president, to ask our chief health officer questions. and i'm prepared to do so, but i don't want to interrupt the flow of a power-point presentation. but i think that, sir, i respectfully suggest that this be a moment where we can actually ask the chief officer, not my former colleague, our current recorder some questions. >> i can see that you're ready to get off your chair, so i'll be flexible and i want to be respectful of my colleagues when they're being passionate about their questions. i probably have a question or two in regards to this presentation. so why don't we do that and so let's open it up and not just to you supervisor, peskin, but anybody else our colleagues, if you have questions of dr. arag dr. aragon. >> i will defer to any other members of the elected body, including you, mr. president. i have

thank you. >> thank you >>> let's go to dom chu for the details. dom?n giant is going to request all guests who go to watch a movie in their facilities nationwide to wear a mask until further notice. the reason why that is important, kelly, is it was just yesterday that amc had outlined a reopening plan for its theaters nationwide starting on july 15th that would lead it up to individual jurisdictions. if the state required masks, then the theater would require masks. if it did not, guests would not necessarily have to wear masks that led to a huge outcry in just the last 24 hours as a result, amc saying all guests going forward starting july 15th nationwide will be required to wear a mask. kelly, i'll send things back to you. >> that is a big reversal. this is one of the big stories in the last day or so. we appreciate it, dom, thank you. dom chu with news there. >>> one restaurant opener opened his doors when reopening happened he crunched the numbers and reclosed his doors >>> could delistings be ahead? we'll explain. >>> we're back in a couple can i

dom chu with the numbers dom? >> you can see over the past couple months a massive surge in stocks, but today the dow industrial is down about 200 points but at the lows we were down about 421, so well off the worst levels of the day so far the s&p 500 off about one-half of 1%, but the composite one-half of 1%, amazon as well the russell 2000 outperforms in june the ipo market continues, and it's hot vroom, not cloud computing, not any kind of video conferencing system, but online used car seller up 110% these guys had an ipo today $22 per share above the expected range. you can see a big move higher, 110% we'll see if that momentum sticks around for that high-powered market. it is for now, at least. back to you. >> more than doubling so far this morning dom, thank you so much >>> kind of emblematic that you can't keep this market down. the airlines, the cruises, the retailers took hit, but investors can't seem to stay away the nasdaq hitting an all-time high and the s&p down. brian weinstein is head of global mor

i'm dominic chu in for brian sullivan we are seeing a bit of negative activity right now, the s&p is implied lower by about 12 points the dow would open down by 170 and down another 14 points for the nasdaq this represents moves off the low so far on the treasury yield side of things, we are seeing movements across the yield curve slightly lower at 67 basis points or .67% ticking higher at 18 basis points or .18% there the fed announcing it will force big banks to suspend share buy backs and cap dividend payments for the third quarter. the firms must resubmit their pay back plans the fed found several banks could get too close to capital levels amid the pandemic induced slow down. shares of nike, dow component as well the company posting an unexpected loss. was hurt by retail store closures the wholesale business saw a 50% drop in business on line sales rose by 75%. we'll talk to an analyst in the next half hour about that nike trade. in asia, those markets in mainland china were closed for the dragon boat festival hong kong stocks lower the senate passed a bill to sanction people an

this bring us back to men like the drinkers and chu. persecuted and arrested not so much for picking the wrong side as for not picking a side at all. what does the revolution do with people like this? i mean, in a perfect world you would persuade them and convince them to join your side, but if you can't do that, you need to at least get resources from them to fight this war because remember congress goes on war with no army, no money and they desperately need people to get involved or it will be a really short conflict. you want to get their resources and somehow you have to quiet their disagreements or at least convince people that their voices don't really count. so what do you do? we've talked about some solutions. you can pass laws, right? you can say, you have to participate and you have to be on our side. right? you don't want to join the militia? you don't want to join the boy co boycott movement and you have to swear allegiance to the independent state. it's the law. and second, you can make sure that the punishments you come u

david chu says he'll present a similar proposal for the state. >>> getting the gift of home. an oakland mother and her kids are no longer living in their car thanks to the alameda county. the group helps move aisha and her kids into this tiny home in oakland. >> not being able to afford bay area went, i had to live in my car. >> they have a roof over their heads as well as a kitchen and a bathroom. they'll be able to stay in this tiny home during the next three months. >>> jeff, it was toasty outside. >> the good news is going to be a short lived heat event. we'll get cooler weather in here. those of you going out and enjoying your favorite restaurant today, no doubt you are drinking something on ice and maybe a couple of glasses. as we take you outside of the skycam network right now, this is walnut creek camera taking a look right now at 80. you can see how much traffic is out here. people are getting out and about in contra kcosta county. definitely very warm. i want to take you to what we'll be following as you move into tomorrow. there are going to be some key changes ha

chu. i'd like to call my on my colleague, shamann walton. >> supervisor walton: thank you so much, chair fewer. i just have a few questions. and this is in regards to item number 9. can you share with the committee the process for selecting and distributing resources under this pot of money? >> sure. so the procurement for these community development block grant dollars was part of a larger request for proposals that was put out in the fall of 2019. that included both community development block grant dollars, as well as general fund dollars and housing trust fund dollars. it's part of that comprehensive process. we put it out, you know, in august. it went through a review and evaluation process. the initial recommendations were issued -- i would want to say perhaps back in february. and while we are moving forward now with the federal portion, because those dollars were not necessarily affected by the city's own budgeting process, we have another set of recommendations that will be coming

dom chu is here with the numbers. >> you reeled off a list of stocks and scott did as well who would have thought we would be at record highs, kelly. that's exactly what's happening right now. we'll put it right off the bat for the nasdaq and the nasdaq 100. doubt industrials were up about 290 points at the highs of the session, so we're kind of there. still, though, a generally positive day for the market. we'll see if that continued momentum picks up again. now, speaking of technology, very much oriented toward that in today's trading the biggest out there in the s&p. the slk, that's the ticker the dow jones internet etf, kelly mentioned that one as well and tech services etf. they have all at this point reached record highs, and look how far we've come and then, speaking of, it's not just microsoft and apple and amazon and all those names check out adobe, nvidia, paypal. they are all at record highs just for some perspective, ke y kelly, paypal is now a $205 billion company. it makes almost as much as netflix, almost as much as dm disney, and get this, twice as much as boeing righ

we start with author and world traveler ashley chu who talks about bringing the stories of everyday lifeay people from around the globe. we highlight a member of the san mateo harbor districtard. we'll talk about the popular site you can and can't see in this age of coronavirus. we highlight

more than 100 millimeters of rain is expected especially in the kyushu and chu regions through the thet 48 hours with the possibility of flooding and land slooids. the showers will spread to the north and east through the weekend. wet weather will continue the sapporo throughout the weekend and tokyo gets heavy downpours on saturday with awe high of 30 degrees. temperatures get much warmer than we saw earlier this week. so, watch out. all the way to the gulf of mexico. satellite images show a massive cloud of dust over the caribbean. strong winds over the saharan desert typically move the sand over the atlantic this time of the year. this time the dust storm is the most dense in over 50 years. and the smog has been reduced visibility, dropped air quality levels in parts of the gulf coast. the high pressure system will carry the dust to north, people in the midwest and central plains may see yellow skies on friday. moisture toward the north creating severe thunderstorms across the central u.s. expect severe thunderstorms from texas all the way up to the midlantic as we go into the weeke

dom chu has more. >> and it has been the outperformer the nasdaq again up about one-third of 1%, so well off the lows of the session so far all those lows by the way, the dow industrials down roughly 271 points and we've gained back a lot of ground, but a lot of waiting and seeing with the s&p just about flat. let's take a look at some of the sector movements since the covid lows that we saw back in march over the last three months, the real standouts have been energy, up about 68%, consumer discretionary, retail names up 47%. and technology names up about 37%. are more sensitive names playing on a recovery or hopes of one driving those particular gains so something to watch. and then the stock of the day is spotify hitting a record high up 13% off the highs of the day after it inked an exclusive deal with kim kardashian west to host a new exclusive podcast centering around kriccriminal justice reform and remember a lot of headlines, dwrenkt listin direct listing, not an ipo, april in 2018, that reference price 132 bucks a show for the ipo-ish. big move for spotify >>> and take a look at

state assembly member david chu says he will suggest that statewide. >> have you checked out the grocery bill lately? for so many of us, it is hefty. beer prices soaring 11% in the last month. fish, poultry and ueggs is 9%. beef is now 17% more expensive. this price hike is driven by pressure on the supply chain to keep up with the grocery store demand as people cook at home. you know that jeff ranieri and i used to be grocery store employees. we could go back to our roots, jeff. >> yes. >> we heard you say the story. we have to have a bag-off. see who does it best. >> raj and i can bag it up. make the bottom nice and sturdy. >>> now, you have the weather in the back. why don't you give us that? >> there you go. thanks, jess. we have the weather forecast covered for you, as we head through the next several days. and the big change happening right now. you might have noticed ed it au step out the door. the wind is shifting the strong ocean breeze. you see on the first map, it's down one to three degrees. that's going to be part one of the change. the second part is another late-season sto

today the life of george floyd would b b celebrated and in thehe traditi of thehe africanan-american chu that w was done with lotss of cheeeerful gospell music, so th was a hopeful and positive aspect to thiss too. a lot of people also put their hopes in the death of george floyd, that this would b bring change to racial inequalitity i the united states. and around the world. we heard strong speececs of -- a video message by joe biden, the likely dememocratic c candi for the presidencncy. very empatic messagege and congreress people like al green. he said thahat nowow the next s have to be taken,ombating racismsm and racacial inenequal and i had the opporortunity to speak to him earlier. lelet's listen in. >> we need reconciliation in this country. in germany, we've had reconciliation to a great extent. you d don't see signs recognizi hitler. . you don't see statues. in this country, we still have confederate statues up. well, if we have a reconcnciliation department in the cabinet of f the uniteted ststates of america, withh a secretarial reconciciliation wh reports directly to the pres

and gust near that 30 mile per hour range before chu nutley calmer winds speeds for everyone else in the bay area and overnight lows going to be a degree or 2 warmer than last night so tracking more widespread mid to upper 50's very mild night on tap in the bay area. and tomorrow's daytime highs. finally some relief as you make your way inland at that cooling trend continuing along the coast. but for those of you away from the bay area coastline still going to remain about 5 to 10 degrees above average, widespread upper 70's for the east bay shoreline and upper 80's as you make your way inland but antioch in santa rosa, warming up into the low to mid 90's the downtown san francisco, your average highs at 68 degrees in stormtracker 4 tracking dry weather. but some changes in the extended forecast thursday we're going to see mostly cloudy skies contributing to our cooling trend and a stray shower to arriving friday afternoon and then again saturday night but not going to be a drought buster really just tracking traces amount of rain at best and for the next 7 days we're going to notice

with me is economics editor at the indepdent ben chu — and former fleet street editor, eve pollard.rdian says the adviser leading much of the work to form the commission on race and ethnic disparities announced by the prime minister has cast doubt on the existence of institutional racism and has condemned previous regimes for fostering a culture of grievance. the daily mail reports that a government minister has admitted he knew he was saving a tory party donor tens of millions of pounds — in approving a one billion pound property scheme — saying all the rules were followed. the financial times says borisjohnson has set an end—of—july deadline for sealing a uk—eu trade deal, amid growing optimism in london and brussels that a post—brexit agreement might be possible. that's also reflected in the daily express, which says eu leaders have indicated that they will drop their hardline demands. the metro says mile—long queues formed as shops across england reopened today — following three months of lockdown — it's after government pleas for shoppers to help put the economy back on track.

warmest city compared to yesterday so we are noticing though today was a very warm to hot day before chu nutley relief is in sight than the next 24 hours. but right now as you head out the door, crystal clear skies a little bit hazy out there but overall current wind speeds noticeably, calmer compared to yesterday. so that is great news considering we're dealing with a very warm and dry and hot air mass at that that threat of fire danger fortunately, not as bad thanks to those calm wind speeds but i am tracking some changes out there along the coast seeing the return of the marine layer bringing relief tomorrow more in my full forecast in just a few minutes catherine back to bree said talk to you then end up coming up why a bear attack on a california woman is being considered. >>particularly unusual. >>and a group representing police chiefs in california they weigh in on nationwide demands for reform and new details on the crash off >>now to these pay for follow up on the crash off the car keenness bridge that happened tuesday night and left for young people dead kron four's phillipe dj

chu, let us know if there are any callers who wish to comment on items 8 or 9?>> operator: madam chair, there are no callers wishing to speak. >> chair fewer: thank you very much. public comment on items 8 and 9 is now closed. so we need to approve an amendment, is that correct, madam clerk? >> clerk: yes, on item number 8. >> chair fewer: so i make a motion to approve the amendment presen presented on item number 8. could i have a roll call vote, please. >> clerk: on the amendment -- [roll call] >> clerk: there are three ayes. >> chair fewer: now, i'd like to make a motion to move number 8 and number 9 to the full board, and could i have a vote on that, please. >> clerk: yes. on the motion -- [roll call] >> clerk: there are three ayes. >> chair fewer: thank you, madam clerk. madam clerk, is there any further business before us today? >> clerk: there's no further business. >> chair fewer: okay. this meeting of the budget and finance committee is now adjourned, and i will see everybody in the budget and finance appropriations committee meeting at 1:00, and thank

>> reporter: demonstrators in bristol, england, toppling this stay chu of a 17th century shave traderen dumping him in the harbor. pressure fr protesters creating action in america, as well. in jacksonville, florida, a statue of a confederate soldier standing on this pedestal since the 19th century, carted off by the city overnight. >> this is a symbol of white supremacy and hate that was out up in the jim crow days and black people know that. >> reporter: just moments ago, the city's mayor ordering all confederate statues removed. tonight, the u.s. navy moving to ban all confederate flags from public spaces. but some argue these monuments are part of history. in virginia, there's a steal mate over this monument to robert e. lee. the governor wants it gone. but a judge issuing an injunction against its removal. protesters here in the uk marked this stay stew of winston churchill, calling him a rayist. david? >> maggie rue li tonight, thank you. >>> we're going to turn next to real concern in this country tonight, with what authorities are now seeing involving the coronavirus. 21 state

chu. rep. chu: thank you. i have seen this in california. los angeles county, where my district lies, has had no cases despite making only a small percentage of the population. especially high risk at this moment. and what is really disturbing is so much of it is related to staffing. direct correlation between nursing home staffing levels and the covid-19 infections. nursing staffing levels under the recommended minimum were twice as likely to have residents with covid-19 compared with those who met or exceeded minimum nursing staffing levels. so i was horrified by the that you described. i could not believe there was such a lack of ppe and a lack of information about who had covid-19 in the facility, and i why didke to ask you -- the issues arise when the nursing home does not have sufficient staff? chu.ank you, ms. day, itge, on a good has anywhere from nine, 10, 11 residents. when they are short staffed, they can have up to 16. the nursing staff on the floor sometimesp to 30, so the acuity does not look bad, i think residents, because the

we become good or bad that we recognize the rig market by fellow protester chu successfully and has beijing to withdraw the controversial bill and on last november 85 percent of the seats in that district on so well by pro-democratic am this land side factory employee house silence. then with that said on a site a fellow protester. regardless of that success protests on this scale could soon be a thing of the past if beijing gets its way with the new security bill dissenting voices could soon be much more few and far between. let's go right to hong kong where we can speak to dorie and lao what china researcher at amnesty international thank you for joining us china's national security legislation has yet to be put to paper so what do you think it will mean for hong kong. and this international along with many hong kong there is actually very worried about the and that's my hope is national security gold and reason is. right although there's raise the details about well but if you look at the situation that authorize the. national people's congress to pass this law we can see that the area a

it's chu you know this was always called like an all right talking point but the data from the actual university of chicago shows that in fact people are earning more 68 percent are earning more that is actual bread and circuses yes no longer. reference to something that might happen but that's what the romans did to keep the crowd busy so you're saying it's all going backwards because after the roman empire fell after the bread and circuses then we had the dark ages and the renaissance was a response of the dark ages. looking back at classical art and ideas and. back to classical ideas of honest money and so you know so it all makes sense. well there you want and i'm 35 yeah i don't think i can say because i'm being sponsored by the copyright place. well we got to take a break and when we come back much more on censored content coming your way. aha no team no crowd. no shots no. action to help speak. well it's true no one. points your thirst for action. is your media a reflection of reality. in a world transformed. what will make you feel safe from. high salacious community. are you

additional measures but at the end of the day it is too late for the families who have lost loved ones it is chu wait for those nearly 5000 who have died so what do you say to them. well every death is very tragic and that is of course nothing that we wanted to have the corn coronavirus i don't think you thought that in germany too and i don't think that anyone think that well this is something that the government wants for anybody and that's also the case for our government we have really really tried to work out the best strategy but we have like several other countries very high virus transmission in a regional part of sweden that is stockholm and the areas around it and it came into the elderly care homes and that is of course very very unfortunate and that's why we have taken central decision to make it better and that's why we are now in a much better position we don't have any exits death rate anymore and it's going down or so when it comes to intensive care and the people on the hospital which are of course hope will stay so that there will be no more 2nd way we don't know what happened

neal: let me yield two minutes to the gentlelady from california, congresswoman chu. the speaker pro tempore: the gentlelady from california is recognized. ms. chu: last week as covid-19 cases continued to spread, even reaching historic highs, and as the number of americans killed by this virus rose well above 100,000, donald trump asked the supreme court to strike down the entire affordable care act. if trump and republicans got their way, millions of americans would immediately lose their health insurance in the middle of a pandemic with no alternative available. ending the a.c.a. is life threatening, especially as we battle covid-19. that's why i'm proud to support the affordable care act -- the affordable care enhancement act. this bill would build on the you can sesssft a.c.a. by expanding tax credits to ensure more americans have access to health insurance, not fewer. it expands eligibility for these credits so dreamers can access affordable health care as well. something we know will benefit entire communities. the coronavirus does not discriminate and neither

brian chu here from the mayor's office of -- >> okay. we can continue. when he comes back on, we can get that to you, supervisor. >> supervisor walton: okay. thank you. how much exact eraf money do you have in your budget from 2019-2020 budget and your proposed 2020-2021 budget. >> benjamin mccloskey on my team can answer that question. he's the chief administrator -- chief operating officer. benjamin? >> hello, supervisor. benjamin mccloskey, deputy director for finance and administration, mohcd. i'm going to address our 20-21 budget proposal first because that's a little bit easier. the -- we're not currently assuming any eraf in our 20-21 budget proposal due to uncertainty at the state level about whether or not that's going to continue. there's continuing conversations between the mayor's budget office and the controller's office how to approach eraf in the upcoming budget cycles. with regards to our eraf for 19-20, almost $175 million. >> supervisor walton: and out of that $175 million, it all still remains? >> no, sir. approximately $40 million of

>> thank you, representative chu. been fortunate to have some really great research and surveying the national association for the education of young children has done both on the threat to permanent closures but also on the access to the ppp grants, or loans, i should say, and found only one in four childcare providers i think received those loans through ppp and the vast majority of those -- of those were less than $150,000. and so, you know, that -- that has helped some but will only cover a couple months of expense. and as we're now seeing this crisis has, you know, a very long tail to it. so one problem is that many childcare businesses have -- have not been really as connected to the banking and requirement of access to banking and financial documentation that might be needed for those programs. we've heard anecdotally that there are concerns by providers that these -- though they are loans that have additional forgiveness on them, that they're concerned that they may not be able to meet those specific requireme

good morning to you, i'm dominic chu in for brian sullivan. stock futures looking to extend gains after the 500-point rally. up beat developments on treatments and growing talk of stimulus on capitol hill s&p higher three sessions in a row. the blue chips roughly 700 points shy near an 1800 point sell off the s&p lost 180 points on thursday as well going worldwide with a mixed picture in asia. just getting started plus big news out of one investment bank weighing job cuts. julianna tatelbaum is in our london news room good morning >> good morning, dom it has been a choppy trading session. we opened flat and now we are seeing them come together after a very strong rally. the stoxx 600 ended 2.9% higher. this morning, we have health care and industrials leading the charge travel and leisure and autos one getting attentions this morning that is hsbc the investment bank has revived the comment of job cuts and put on hold the plan to cut 35 jobs but said they are going to revive this plan driven by fallen profits and fairly grim forecast overall as

my guests.. on socially distanced screens, henry chu of the los angeles times and isabel hilton of theebsite china dialogue. and here in the studio, observing the two metre rule, the bbc‘s clive myrie. welcome to all three of you. now henry, i want to start with you because you are from la, which is a town only too familiar with police brutality and the riots that that triggers, so for you, this must look like a return to a familiar narrative. well, and it's a grim one, unfortunately, in la, we had the riots over the officers who beat rodney king in 1992 and we have to remember that with george floyd, that is only the latest example of police brutality against black people and the violent deaths that many black people experience because of racism and just in a couple of months before that, there was a black man in georgia who was killed by two white men as he ran through their neighbourhood and a young woman in kentucky who was killed in her own home when detectives broke down the door and came in on a drug raid in which they found nothing, but she died of gunfire, and i think this is

my guests.. on socially distanced screens, henry chu of the los angeles times and isabel hilton of thewant to start with you because you are from la, which is a town only too familiar with police brutality and the riots that triggers so for you, this must look like a return to a familiar narrative. well, it is a grim

this is carolyn chu, p.m. for the biosolids project. commissioner, you asked a very good question. we are developing plans and looking at detour routes and plans for closure across jerold. we're kind of closing gerald to control that worker and neighborhood safety during the course of construction. i think the planning process, as steve said, you know, we're looking at the duration of the construction, but -- and we are working closely with sfmta, as well, to develop those plans, and one other thing was we are also, you know, concurrent with that, doing a lot of advance outreach in coordination and letting the local neighbors and visitors know -- we haven't gone up there yet, but we're working with our p.u.c. team to develop that outreach strategy to make sure that, to the extent possible, we want to minimize the impact to the local neighborhood, but understanding that we do need to close jerold because of the construction work that we just showed you. >> okay. i think i'd like to see your outreach schedule and what you plan to do, and i think it's also important to know that, you

jill gora: every chu a faichce at life, >> peggy stillman: it may only take an hour to do something thatill change their lives forever. >> noreen kessler: and you just see a whole new person, a whole new beginning. it's almost like they're reborn.

my name is nina chu. i am the budget and legislative analyst for ocii, and i am here to present to you the 20-21 budget. so i'll go over the budget timeline, our uses, and then, the project managers will speak to our budgets, and then i will go over more facts. so the department of finance approved our r.o.t.s. -- [inaudible] >> so our total budget for fiscal year 20-21 is 527.3 million, the majority is funded by prior f.r.e., and they're continuing to disburse over a multiyear period. our second largest source is property tax, followed by fund balance. so this shows 20-21 broken out by uses. we're spending $362.2 million on direct programatic schedules. infrastructure and nonhousing encompasses our nonhousing work in our major approved project areas in mission bay, hunters bay, and mission rock. i'll provide a couple of high level perspectives. next slide. so this is a high level overview of our infrastructure and nonhousing budget of $237.5 million. you can see the majority is for development infrastruc

i'm dominic chu with me for the entire hour is analyst lindsay bell, also a cnbc contributor. we'll get to lindsay in a moment breaking news as u.s. stocks look to open sharply higher after a rocky day on wall street the dow falling almost 1,800 points to march in march when it fell almost 13%. you can see with the time lapse those moves. the dow is now down more than 7% at this stage. s&p down nearly 6%, nasdaq down 3% all on track to snap win streaks with the major average this week alone. yesterday, we continued to watch technology microsoft, facebook, apple, amazon, alphabet all closing sharply lower. shedding more than, get this, $269 billion in market value >> this is the nasdaq 100 etf versus the russell 2000 small term etf over the last couple of weeks, w we saw all of that create tiffity in those names and small caps and underperformance there. a trade we'll watch specifically play out today around the world, we've got red ar owes in asia overnight and mixed pictures in europe matt taylor in singapore and julianna tatelbaum in our london news room. matt, we'll begin w

lilly starts to test a groundbreaking covid treatment and america marks a historic day in space dom chu hath

esther chu, associate professor at oregon health and science university. so glad to have you on to help us with this. i just want to play this. this is a warning from dr. fauci today. here it is. >> if you leapfrog over different phases, you increase the risk that you're going to have the kind of resurgences that we're seeing in certain of the states. >> has the united states stalled in the fight against coronavirus? >> i'm not so sure we could say it's stalled. but we're seeing, right now, is something obviously that's disturbing. >> do you share his concern? >> i do. i mean, all along, we knew that reopening was never going to be a binary thing. you know, we're closed. now, we're open. go out and do your thing now. i mean, this has to be a phased, very gradual thing, and we have to stay vigilant about what is happening with -- with coronavirus cases. and then, pull back, as we can, as we, you know, as we need to when we see that there is a disturbing trend around us. so this isn't an easy thing. we have to be really nimble and responsive. and sometimes w

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san francisco assessor carmen chu said the city is taking a measured approach when it comes to reopeningear guidelines and best practices for industry is something that we are playing a lot of attention to. is to provide that guidance to our businesses, to understand what are effective things that we can do to make sure you protect your workers and customers. >>> san francisco is one of the few counties that does not have approval for local control. the approval from the state would lead to the reopening of ours, gm's, salons and indoor dining and restaurants. >>> coming up after the break, see what the family of oscar grant and others are speaking up for the now commons by a board member. >> a show of support. the colorful chalk displays that show solitary the poor man was accused of defacing property. you inspired us to make your humira experience even better... with humira citrate-free. it has the same effectiveness you know and trust, but we removed the citrate buffers, there's less liquid, and a thinner needle... with less pain immediately following injection. ask your doctor about