emily: you are going to be chairman of hp inc., how does that work in practice? say hp inc.ants to do a deal with emc or some other company. meg: we did not create these two companies to compete with each other. we created these companies to go after new opportunities that only they can pursue. at least for some period of time we have well-defined swim lanes. hp inc. will be all over 3-d print. all over immersive reality. we will be focused on converged infrastructure, software defined data center, our services businesses, helping customers take ip infrastructure from where it is today to where it has to be. that is the reason i do not think it makes sense to eat the other company. we should take share from our competitors. emily: have you had moments where you thought i do not know if i can do this? this is hard. meg: it is hard. whenever you come into a turnaround -- and i have done a couple of them -- it is always harder than you think. even though i was on the board, you find out things that you could not see as a board member, so it has been tough as the company had bee

hewlett-packard enterprise and hp inc. i think people generally peeking were pleased with the strategy and the overall story for the two companies. you're right, on hewlett-packard enterprise we have one more restructuring, that's because the market is changing so fast in technology. it's remarkable what's happening as new technologies come in, we have to restructure the labor fo force to low-cost locations and much more automation. and a strong enterprises services is important to hewlett-packard enterprise strategy because we are pivoting to more solutions-led selling around the needs that our customers have most, in terms of transformation to a hybrid infrastructure or cloud environment. these cuts are never easy but it's the right thing to do because we have to get to the next phase of the hp journey. if you think of the cuts the last four years they were mostly to help us get a cost structure in line with the revenue trajectory. we're saying revenues will grow next year. so this now can be about margin expansion. that

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hp is also releasing financial projections for hq inc. the printer and pc business. it believes the markets for those products will remain tough for the next several years and quarters. the business is expected to report free cash flow of up to $3.3 billion last year. half of which can be returned through dividends and buy backs. they fell 1% in after hours. it's up about a fraction. david faber will have an interview later today at squawk on the street. that's at 9:05:00 a.m. eastern time. >> thank you for that. fiat chrysler struck a tentative deal with the unite aud toe workers union on a new contract. they're not disclosing terms but the pact will eventually end the two tier pay system which gave new hires less than vet can coworkers doing the same job. they'll brief members in the coming days that will vote on whether to ratify the deal or not. let's look at price action, up 0.2% in trade. >> if you're looking to send parcels and packages you'll have to do more. it's going up by 4.9% effective in january next year. the hike applies to domestic, export and import

inc. for shipyard artist installation project. contract number, hps, 0114, increasing the pract amount by 7430 dollars not to exceed [inaudible] and reserving a additional 10 thousand dollars as construction contingency for total authorized expenditure of 306, 430 and extending the date of final completion to september 30, 2015. hunters shipyard redevelopment area resolution 49-2015. madam chair. >> yes, before we consider the motion can you tell me if we have speaker cards? when i speak-i don't know if i am speaking louder than usual. do we have speaker cards? >> i do not. >> okay. do i have any questions? >> i move to approve the consent agenda. >> it is moved by commissioner mand har and second by commissioner singh >> commissioner members please announce you vote when i call your name. commissioner mondejar, yes. commissioner singh, yes. commissioner booustoes is absent. madam chair rosales, yes. 3 ayes and1 absent. consent agenda is adopted. please call the next item. >> the next order of business is regular agenda. item 5 c and 5 d, relate today