units per yearona pre— industrialised as 250,000 units per year on a pre— ship basis.ietnam. and what happens from there are? will you expand to a more international market? we made it clear yesterday at our introduction that our goal was to be a global round, with our vinfast brand in markets around the world. so we start in vietnam, we move through asean, and from there the rest of the story will be created. in terms of where and when, thatis created. in terms of where and when, that is not for today. i would say stay tuned. it is a very ambitious plan but what you have is really two older bmw designs reinvented with the help of other partners. what we have done in 24 months is what most oems have done in 24 months is what most 0ems do in 60. a desire to create rivals everyone else in the world, so we use rivals everyone else in the world, so we use technology from bmw and used engineering partners to actually create these two beautiful, aspirational products. while we are doing that, we are building the internal capability to develop our own products long—term. but

and therefore, they have to charge more per unit for the same item that a wealthy person may buy for a deeper discount because they can buy it in bulk at costco or go to whole foods who buys food across the country in one bulk. i just feel very strongly about this i think we have to be consistent. i don't want to set a precedent for a major development agreement and housing project that they are going to contribute less than what we expect of other developers. that is where i am today. i'd love to continue this conversation through tomorrow. i know that this will be a lot the full board of supervisors. for me, it's really important that we get a good deal and build for the people that need housing in the city. we have to do it at the appropriate-run price. >> thank you. >> i want to hit on the point that supervisor kim has made. do we have a response from either staff or the project sponsor on the rent bans? that was an important part of the conversation that we had when we did inclusionary housing. we spent a lot of time, myself, supervisor kim and president breed at the time and su

nearly an acknowledgment from him this per unit need some dramatic action. >> make no mistake, we know business has to perform better and that is what we're going to spend a ton of time on once we get past earnings today. let me bring you back into the conversation. they're going to spend a lot of time on this. they will effectively be creating a bad bank/good bank structure within the power unit. how is that going to help? >> well, it is not clear to me it will help at all. i think what they're trying to accomplish is to take out some management layer and improve the visibility into the business from the top down as they are trying to really wrestled this to the ground. this is not in any way a material fixed to the business with any short period of time. these problems in this business are very deep-rooted. this dates back to decisions made on contracts over the last several years, and very long-term contracts. decisions made on service agreements that could take years, if not a decade or more to play out. a lot of this is really baked in the cake, so to speak. they will obviously tr

gas which is cheaper for coal for electrical generation, and that produces about half as much co2 per unitl plant does, and so our emissions are going down, and i see a lot of big companies are experimenting with natural gas for large scale transportation. you can do to on a railroad because the size of the engine doesn't matter. might be able to do it in trucks, so emissions, it's more efficient, emissions go down and then 30 or 40 years from now, because there are so many pressures to be efficient, i don't know what technology will have, but i'll bet it will be more efficient. the old advertising slogans, the future belongs to the efficient? welcome to the united states. welcome to the united states. mark: we'll be right back. this is actually under your budget. it's great. mm-hmm. yeah, and when you move in, geico could help you save on renters' insurance! man 1: (behind wall) yep, geico helped me with renters insurance, too! um... the walls seem a bit thin... man 2: (behind wall) they are! and craig practices the accordion every night! says the guy who sings karaoke by himself. i'm a v

gas which is cheaper for coal for electrical generation, and that produces about half as much co2 per unit as a coal plant does, and so our emissions are going down, and i see a lot of big companies are experimenting with natural gas for large scale transportation. you can do to on a railroad because the size of the engine doesn't matter. might be able to do it in trucks, so emissions, it's more efficient, emissions go down and then 30 or 40 years from now, because there are so many pressures to be efficient, i don't know what technology will have, but i'll bet it will be more efficient. the old advertising slogans, the future belongs to the efficient? welcome to the united states. mark: we'll be right back. 5 yeas of great savings and service. with such a long history, it's easy to trust geico! thank you todd. it's not just easy. it's-being-a-master-of-hypnotism easy. hey, i got your text- sleep! doug, when i snap my fingers you're going to clean my gutters. ooh i should clean your gutters! great idea. it's not just easy. it's geico easy. todd, you will go make me a frittata. i'm ready to

conditional use authorization to allow residential offstreet parking at a rate of 0.75 spaces per dwelling unit, whereas planning code section 151 permits a maximum of 0.5 spaces per dwelling unit. given the location well served by transit options, including the future van ness b.r.t., planning does not support residential off-street parking, which is principally permitted. the department recommends approval of the project with a maximum 54 off-street parking spaces, 30 for the proposed reside residential uses and 24 for the commercial uses. should the commission be inclined to approve the increase in parking, planning staff have prepared additional findings pursuant to planning code section 303-u. this project is the first to be brought before the commission to participate in the home-sf program, which provides incentives in the form of development bonuses and zoning modifications for units on site at below-market rate in an amount higher than that required by the inclusionary housing ordinance. this project proposes to provide 30%, or 18 of the 60 total proposed dwelling units as permanently

building more units of all levels of affordability, you have to multiply how much it charges them per unit. there is not a discount for the affordable housing units and cost. and finally one last thing. i heard a previous speaker saying that we have built 217% of our market rate units of our goal and that is factually wrong. that is in the number of units that have been aplied for at planning. the number of units that have been constructed are much closer to 50% of our market rate goals. it is nowhere close to 220%. so that's it. thank you. bye. >> hello, members of the committee. calvin crick. district five commissioner but speaking in my personal capacity as a resident of district five. i wanted to appliance myself very briefly with some of the comments that have been previously made. i think that as a young person, it is extraordinarily important for me that we're building more housing on along transit corridors and that we're maximizing the affordability within the feasibility of all these projects so i really want to thank supervisor brown for working on this and i hope that you can m

to briefly -- i briefly mentions the fact that there are retroactive payments and there is also a per unit cost in this two-year tool that had bases on looking at the average for all of the payments. that is another area in the two-year tool that has to be manually updated for the housing authority housing authority. because we have such a big gap between the subsidy levels for some programs versus a subsidy levels for other programs. the fair market rents in san francisco have had to be increased. we did a special market study to do that in order to keep landlords in the program. that is another situation that h.u.d. has created. it is a gap between the funding we have available and the amount that we need to keep people in the programs. >> just so that is clear, i am actually looking at the website that has not been updated since april 11th 2017. i have just been informed that there is an old housing authority website that has not been updated for a year and a half and there is a new housing authority website. that is a little problem. [laughter] >> we are both right but they are on diff

decisions that do not always turn out and they don't always have the same kind of guarantee of price per unit that they had previously. in addition, what happens in the 1970's when there are high prices, it is partially artificial. it is production shortages. those are filled in, we get increasing competition from other countries. the eu, for example, has recovered its agriculture from the postwar period. the green revolution starts to pay off in other countries and they are producing more of their own food. there are new customers but there are new competition that creates a more volatile situation. again, telescoping many years, the orientation of farm policy moves from this price basis protecting a certain income to creating risk management tools. i know that can seem semantic, but just a point out, it has become a core program, you can see the orange section there. this is as it begins to kick in with changes to the law in 1990 and 2000. although there is still quite a lot of subsidy built-in, it does require producers to make a lot of decisions about what risk they are willing to take, h

decisions, that's don't always turn out, and they don't have the same kind of guarantee, of price per unit, that they had previously. so in addition, what happens of course, in the 70s when there is these high prices, it is partially artificial, production is short, those are filled in, we get increasing competition from other countries the eu has recovered its agriculture from the post war a period. so, there is this, there is new customers but new competition and it creates a more volatile situation, so again, telescoping many years, the orientation of farm policy moves from this price support basis, detecting a certain income to creating risk management tools. i know that can seem semantic, but just to point out, so for crop insurance has become a poor program, you can see the orange. the fiery section there. this is crop insurance as it begins to kick in after some changes to the law in 1990 and 2000. although there is still quite a lot of subsidy built into that, it does require producers to make a lot of decisions about how much they want to cover, at what risk they are willing to ta

to 110 and you are multiplying each of those by the fee that is still being discussed, $200,000 per unit. at my not getting it? my point is -- >> supervisor tang: yeah. the off site should be at the 33 % level. it should somehow match. >> understood. >> supervisor tang: again, by the way, i support small state acquisition i understand how important that is and there are many needs in district ten. i am not suggesting it should be 25%. i'm sure community members want to see this feed out. especially for the home ownership units. but i think it should be slightly higher at i do think there should be a commitment on the a.m.i. level. even if it is just a limit that this off site units would be offered for. i guess with a range of 110% for rentals and 120% for homeownership, i'm curious what the prospective range would be. >> i'm sorry. the what range? >> supervisor kim: if they only have to meet an average of 110% rental, how high can it go for rental? and homeownership? >> it is 20% below market rate in the area. my understanding is, for this neighborhood, that is 140 would be the maximum.

the capacity of the plan we have industrialised as 250,000 units per year on a pre—ship basis.s on vietnam. and what happens from there? will you expand to a more international market? we made it clear yesterday at our introduction that our goal was to be a global round, with our vinfast brand in markets around the world. so we start in vietnam, we move through asean, and from there the rest of the story will be created. in terms of where and when, that is not for today. i would say stay tuned. it is a very ambitious plan but what you have is really two older bmw designs reinvented with the help of annual the help of other partners. what we have done in 24 months is what most oems do in 60. a desire to create rivals everyone else in the world, so we use technology from bmw and used engineering partners to actually create these two beautiful, aspirational products. while we are doing that, we are building the internal capability to develop our own products long—term. but the need to do this quickly, manifested itself in this enterprise relationship with partners. we think it is

is a hardhearted stance, let's not forget that the united states is a historically-generous nation when it comes to immigration. one million people per year are granted permanent legal status here in the united states.

they are lower revenue per unit type of product.they expand in these international markets, these are much lower revenue markets, at least at this point. that contributes to a story that is a growth story, but at a lower rate. alix: what do you make of the reaction overnight? you come inside the bloomberg, you can see the move down, then it recovered quickly. >> the stock was all over the place, up 5%, down 5%. there are a lot of moving parts. are giving ae collective sigh of relief that the story was not worse coming into this quarter. they even suggested the expense growth in the second quarter soht the lower than that, the stock is reacting to that. it will still have to find its footing in an environment where there will be slower profit growth and anticipated. what that lens itself to do we do with tact. see the same thing in the u.s. when you look at the nasdaq 100 underperforming the s&p for another month? >> with tact, it is a difficult one. we have a few days where it feels like things have fallen apart, then it bounces bac

per hour. eventually exiting the united states as we head through tomorrow night. we'll have another update on this plus our own bay area fire danger is coming up in about 15 minutes. >> all right, thank you very much. nbc's "nightly news," lester holt spent most of the day broadcasting from the florida panhandle on nbc and msnbc. at one point he had his crew put a mattress against a sliding glass door in the hotel room to try to protect them from michael's wrath. you can see lester as he anchors nightly news from florida after the newscast at 5:30. >> we are tracking some developing news on the evening commute. take a look at these live pictures. this is the dunbar ton bridge. this is going eastbound. it is a nightmare right now. as you can see, only one lane is open, and that's because of the crash that you see here. it happened this afternoon. it started with a crash -- somebody -- a truck slammed into the back of a charter bus around 2:00 p.m. only one eastbound lane is open as you see. the back up stretching for miles right now. no word when both lanes will re

you are looking at a credit impulse or the units per growth you get from an additional unit of credit lead the surprise index for a given market give or take 12 months. of months a couple after carried a good set of numbers here, good credit impulse, and that showed up here. that is where we are at the moment, so if you look at this, it doesn't really tell us anything promising about the outlook for emerging markets when you measure it by the citi surprise index. rishaad: bank of korea, talking about weakness for the more behind -- benign cpi numbers. do you see anything else? yvonne: interesting why they decided to hold this time around because perhaps they are not seeing inflation picking up next year. a have cut their growth forecast for 2018 and 2019. 2018 gdp growth cnet 2.7%. the previous estimate in july was 2.9%. , holdingor this year at 1.6%. more coming up from seoul. this is bloomberg. ♪ u.s. has stopped short of declaring china a currency manipulator in the semiannual report on foreign exchange rates. however, the treasury said it will watch the yuan after the recent slide

the housing issue and afford crisis and mortga rents are out of contro 49th out of 50 on per capita housin units. >> this was a big issue when you were mayor. stillis. as you well know, you can take 5 5,000 people off th a street there will be another 5,000 from other counties or states. how do you deal wi regional or stateide basis. do you hold them accoun >> i love the question. needs framing it as it to be. it's a problem manifesting an regions manifesting in the cities city mayor cannot solve this oursel you have to regionalize strate it's accountab sity. if francisco is the only one in the entire ni-county bay area that is doing all the right things that will placenmous pressu on the city of san franci that needs to be equall shared. region plans. incent good behavior and disinc bad behavior. we laid out strategies and homele czar of sorts. the i'm line and objectives and realer delles and region strategies. >> you made child care a prii >> 85% the power of singing to your kids that's not a government program. thechievement gaps starts before you enter kindergartenyo if get serious, you hav

electronic components of that aircraft it would be useless and it's a ninety million dollar airplane per copy the united states going a u.n. ambassador how to partly house apartment she's no idea what the united nations did before kicking up the post details of a leaked conversation have emerged we'll tell you all about it so for the break. most people think just stand out in this business you need to be the first one on top of the story or the person with the loudest voice of the biggest raid in truth to stand down in the news business is just the dance the right questions and demand the right answer. questions. the grim reaper of the bond market has appeared with this with this guy and he's looking at the global bond market he's got. this obama apocalypse it's a tsunami bad paper and it's. going to be the greatest financial collapse ever loved . sixty minutes into the program welcome back in a bid to protect british values the u.k. home secretary has launched a review into hate crime legislation he wants to expand the law to protect more vulnerable sections of society but was probably boyko reports no

their depreciation and amortization was up 5%, despite they advertise their costs on a per unit basisons, service centers, so their answers we need that we did not get yesterday. tom: what answers were you get as you wait for the second quarter? >> at the beginning of november and we will get production and sales for october. that is important. it is important also how much backlog they burn through. data suggest they burn through ,heir rearwheel drive backlog and 70% through their long rage drive backlog. we think they pulled some key levers to put a lot of things in q3. we think for numbers are what matters. tom: thank you very much. the vertical group, some great research on industrial america, cautious on tesla. we need to tell you where the markets are. really better. up 22, dow futures up 180 points. we see some risk on. i don't want to oversell it, but some risk on field across bonds and the foreign exchange complex as well. much more to talk about. ubs saying trview, humbs up on a well-run bank. do stay with us. worldwide, this is bloomberg. ♪ alix: a pause in the equity break

electronic components of that aircraft it would be useless and it's a ninety million dollar airplane per copy the united states going the u.n. ambassador has apparently admitted she had no idea what the united nations did before taking up the post details of a leak conversation of a merge then we'll tell you about it after the break. the grim reaper of the bond market has appeared with this with this guy and he's looking at the global bond market he's got all. this obama apocalypse it's a tsunami that paper and it's. going to be the greatest line as a collapse ever loved. in a world of big partisan. and conspiracy it's time to wake up to dig deeper to hit the stories that mainstream media refuses to tell more than ever we need to be smarter we need to stop slamming the door on the back and shouting past each other it's time for critical thinking it's time to fight for the middle for the truth the time is now we're watching closely watching the hawks. nineteen minutes past nine pm here in moscow welcome back remarks by big united states are going u.n. ambassador to a number of conservatives over the week

once i get to mexico, they pay the drug cartels and the smugglers $5,000 per family unit to get themcross. the drug cartels are the only ones making any money in this process. the drug cartels and the open border democrats, they are on the same side. these drug cartels have made $2.5 billion in smuggling alone per year. that's on top of the drug profits, and that's a lot of money. we have to change the immigration laws so that you treat people who cross the border if you are from central america the same way you do is if you are from canada and mexico. >> dana: kennedy, the other things, in these caravans, department of homeland security reporting that the number of sexual assault tapping along this route and not just -- in the caravan, as jesse was saying, 1600 migrants try to cross the border a day. incidents of sexual assault, for children even. this is happening across the board. >> kennedy: it's horrible. we saw some of that unfortunately in the shelters in the aftermath of hurricane florence. it's an unfortunate aspect of human nature. we have to find a way to let really good p

sticker prices, average expenditure by a consumer is up $10,000 per unit drive around any neighbor, theily vehicle of choice is a chevy suburban they are $80,000, a luxury car. >> are those cars going to get more expensive because the costs of materials are skyrocketing? >> material cost is definitely a factor i think you have to look at that, but one of the things you've seep historically with raw material costs, particularly steel, because that's what you're focusing on, steel prices, the vehicle manufacturers have several contracts that kind of fold as a natural hedge so you're not going to see a 30% increase in steel costs in one given year. it will be staged in over time, so steel costs, if you look at the raw material component of a vehicle, a steel cost is about $1,500 on an average vehicle in the united states, and so if you're up a couple hundred bucks, yes, you price some with the consumer you eat some, and you also have more favorable contracts with your suppliers. >> if trucks are so hot, why isn't ford >> well, that's the question of the day, right i think the real question

unit. there are at least 50 applicants per home own unit. >> thank you, very much. >> commissioners, there's a motion that has been seconded to adopt the resolution updating the manual and just for clarity, with the sheet with the amendments submitted by staff. [ roll call ] so moved that passes 7-0. places us on item 14 for case 2017-000565cwp for the community stabilization and anti displacement informational presentation. >> i thought i would make a few opening comments on this. this is the first time you are seeing this presentation. i want to to open up with a few comments, if i may. at its fundamental level, this community stabilization strategy is part of the work to keep the city affordable and also stabilize communities that are facing some serious displacement pressures. most of our work is related to housing production. we all recognize that housing production doesn't speak to all the cities' housing needs. so this work that andy will present to you shortly is really, i'm looking at that part of the city that is being effected by the growth and the demand for new housing. but it's

now this unit per wanted to construct you know. billions but later they decided to invest it in common project discuss through on the from the netherlands to the water so i saw a lot of projects coming and going but at the end the price is the most important because and the price is likely to have a big impact on any future decisions but just price aside i mean in terms of the reliability of transportation of the two methods of gasoline the versus shipping to pop lines i mean how does that compare also perhaps environmental effects does one method of supplying one gas type have any advantage over the other. this is somehow a question and is somehow also part of the discussion the enviro and viral mental impact paris. paris summit you know or setting the goals. we will see that we will need to additional gas for sure since you know the production that the lancet in germany is declining but russia is you know as you could see in the last year you know increasing increasing from year to year the export to the european market last year

whole discussion in germany i mean started seventy four nine hundred seventy four work us now this unit per wanted to construct you know. billions but later they decided to invest it in common project discuss your from the. from the netherlands a lot so i saw a lot of projects planning to coming and going but at the end the price is the most important your force and the price is likely to have a big impact on any future decisions but just price aside i mean in terms of the reliability of transportation of the two methods of gasoline's you versus shipping to pipelines i mean how does that compare also perhaps environmental effect does one method of supplying one gas type have any advantage over the other. this is somehow a question and is some holt's or part of the discussion the inverter via mental. paris.

>> well, tantelum was invented by bell labs so we have been doing this for a long time and per real estate unit you get more out of this capacitor than many other. and many companies are using that capacitor when power and speed is of the essence. >> one last question a lot of people think there is a slow down in telecom 14% of your business telecom >> we have been talking about five g for some time and it is coming five g is coming and we all know that more componentry is required to make 5g happen, and it hasn't even started as of yet. >> we needed to hear that. thank you so much kemet corporation. go to the website. there is a good video. "mad money" back after the break. >> announcer: lightning round is sponsored by td ameritrade >>> it is time it is time for the lightning round on cramer's "mad money." that's where i take your calls rapid fire i tell you to buy, buy, buy or sell, sell, sell we'll play this sound -- [ buzzer ] -- and then the lightning round is over. are you ready, skee-daddy? it's time for the lightning round on cramer's "mad money." starting with eric in california. >> ca

. >> united coming out westernings. coming out at 3.$3.41 per share.hat stock up right now up 1%. >>> and peter thiel is making a big bet ahead of the midterms. the republican mega donor pumped $250,000 into the trump victory committee, a fund that benefits the republican national committee as well as the president's re-election campaign according to a regulatory filing, the donation happened in july it's they'll's first donation to the fund since the 2016 election >> deal news for you twilio is buying sendgrid in a 2 $2 billion all-stock deal. this comes as part of a larger effort by the cloud company to boost its suite of communications related tools the deal suspected to close the first half of 2019. >> the business community is remembering the life of microsoft co-founder paul allen. he passed away yesterday after a long battle with cancer. he created microsoft with his friend bill gates. the two met while attending private school in the seattle area allen left microsoft in 1983 to devote his time to philanthropy, space and tech ventures, he was al

is a hardhearted stance, let's not forget that the united states is a historically generous nation when it comes to immigration. one million people per year are granted permanent legal status here in the united states. over 33 million people are currently here who have immigrated to this country legally. here,se who want to come come here legally. legal immigration is the surest way to obtain the better life you are looking for here in the united states of america. from a security standpoint, there is no proper accounting of who these individuals are. this poses an unacceptable security risk to the united states. many of these people are targets for human traffickers and others who would exploit them. we don't want that to happen. i've spoken twice in the last , wedays to my counterparts trust that mexico's leaders know what the best steps are to resolve the situation and we urge timely action on their part. the united states also has a message for those were currently part of this caravan or any caravan which follows. at will not be successful getting into the united states illegally. no matter what. the caravan will not cross our s

have been through six years of roughly 5% to 6% unit decline per year.we think is some stability in pcs. i do not believe we will get back to accelerating growth rates but stability in the pcs and in our ability to segment the market. this allows us to grow our revenue faster than unifying. it has been a surprise for us this year and we're looking forward to stability in our pc business. the profitability we generate in a stable market is powerful. emily: do you think you might feel headwinds from the trade were in china question mark how much of a concern -- trade war in china question mark how much of a concern is it? bob: china is important. free trade is important for our business and industry. for us, we have seen no impact as of yet. this third wave of tariffs could begin to impact the cost of computers and for pcs. , withe have been doing our sophisticated global supply chain, is working with customers to be in a position to mitigate the potential impact that any kind of tariffs could have on the demand for servers and pcs around the world. emily:

per copy. remarks by the united states aren't going u.n. ambassador to a meeting of conservatives has been leaked nikki haley claims she was initially offered the post of secretary of state by president trump but turned it down as she did not feel qualified. it seemed pretty much the same about her position at the u.n. . i thought the job should go to someone who didn't have the same then in kerry i don't draw honestly i don't even know what. nikki haley is juge to leave her rule is a united nations envoy in january an investigative journalist and much blumenthal wasn't the closed door meeting where he was speaking. she revealed that her learning curve was too steep to be secretary of state something we all knew because she had just been governor of south carolina before and had foreign policy experience limited to having lunch at the international house of pancakes maybe she was playing to the crowd but i think you know in a setting like that where she thinks that there is no media present doesn't know that there is a journalist there i th

states in the united states it's twelve thousand per year what is the one difference between the two societies to civilizations or societies is the availability of guns so this business that it's because of video games or violence being condoned or not talked against in the home is dissembling its for the simple word for it is that it is a lie again either it is naive because it sincerely believe but wrong or it is misleading the facts are clear guns lead to death and gun control will reduce it that's just imperiously the monster demonstrated. there in new york this was very much about two about racism about anti semitism but you'll concerns a slightly larger than that in that you feel the minority communities are being targeted under this administration i'm going to toss you about the gun control laws do you think that would have helped or do you think the hatred would simply manifest itself in a different way. well i believe that we absolutely are country that needs to have an entire transformation on how we are approaching the issues of gun vi

per circuit. china russia but the united states chooses to not participate in regional discussions that can come to a political resolution because they i think the united states realizes we don't really belong there and the countries in their region should be. the ones who who come up and resolve that problem but that's not where the us is heading they want to continue on with military and i think that this spawns a. response to a desire to that we have to have a war at all times in order to justify our military spending the job creation and the defense industrial complex to keep keep that in find work in order while one of the things i noticed is that. there was an article in time magazine and it said the donald trump has devoted some thirty tweets to the n.f.l. and some controversy during his presidency he tweeted about afghanistan only about five times and you know now we're three presidents and. to the war in afghanistan why have u.s. presidents been so completely blundered by this war because you said it seems obvious if you get the people out to cause the damage then you come in and you fix t