commissioner steve adams is absent. commissioner mineta white. >> here. >> commissioner kathleen dooley? >> here. >> commissioner mark dwight? >> here. >> commissioner william ortiz-cartagena? >> here. >> commissioner yee riley?

commissioner steve adams is absent. commissioner mineta white. >> here. >> commissioner kathleen dooley? >> here. >> commissioner mark dwight? >> here. >> commissioner william ortiz-cartagena? >> here. >> commissioner yee riley? and commissioner tour-sarkissian. >> here. >> madam president, we have a quorum. >> perfect. >> item number 2, general public comment, allows members of the public to comment generally on matters within the commission's purview, and suggest new agenda items for the commission's future consideration. >> do we have any members of the public that would like to make a general comment that is not on the agenda today? seeing none, next item. >> item number 3, presentation and discussion of the city economist's economic analysis of a potential san francisco minimum wage increase. today you have a presentation by ted eagan, the office of economic analysis and chief economist. and in your packet is a printed out -- is the printed out version of what is on the controller's website. >> thank you, ted. welc

commissioner steve adams is absent.

you can imagine the kinds of cheering we will hear adam steve ballmer. >> i don't know what seats arevailable -- we have great fans. they bought all the tickets. paul allen who started microsoft sits right under the basket. it is a weird idea. middle of court makes more sense but we will see. >> those are good problems to have. worrying about where you were going to sit. it will be fun and entertaining game seeing him on the sidelines. >> maybe a side shot of steve ballmer. thank you very much. the four horsemen of the apocalypse. we will talk to a shadow just who will explain what a painting at the do with the stock market. this is "taking stock. " ♪ >> this is taking stock on bloomberg. what do the four horsemen of the apocalypse -- the painting, what they had to do with the stock market? we will find out. joining me is barry bannister. welcome to taking stock. why do you use the four horsemen of the apocalypse to actually explain your bullish forecast for the s&p 500? >> it is metaphorical but if you think about it, the white horse is conquest. have a conquered deflation? the red h

steve: from studio 6b in rockefeller center in the heart of new york city, it's "the tonight show starring jimmy fallon." ♪ tonight, join jimmy and his guests -- taylor swift andrew rannells musical guest -- ryan adams the shining and featuring the legendary roots crew. >> questlove: one-oh-seven! >> steve: and now, here he is, jimmy fallon! ♪ ♪ [ cheers and applause ] >> jimmy: hey, everybody! thank you very much. thank you so much. i appreciate it. welcome, welcome. thank you. thank you so much. oh, my gosh. ♪ [ cheers and applause ] that's what i'm talking about. thank you so much. oh, wow. that's so exciting. thank you very much. welcome to "the tonight show," everybody. yeah, thank you for making it. [ cheers and applause ] we're here. here's what people are talking about. i heard that both the obamas and the clintons attended the same party in martha's vineyard tonight. [ audience oohs ] although, it got awkward when bill was like, "where's the bowl with all the keys? i saw it first. is carly simon here?" [ laughter ] there's actually been a a little -- [ laughter ] -- there's actually been a a little tension between president obama and hillary clinton this week. in fact, hillary called obama

here this week. [ cheers and applause ] plus, performances of kings of leon and ryan adams is going to happen. >> steved applause ] >> jimmy: but first, we have a a fantastic show tonight. i'm so looking forward to this show. she's a great actress from the cool new movie, "the giver." it's out this friday. katie holmes is here! [ cheers and applause ] >> steve: katie holmes! >> jimmy: that's our pal! >> steve: yeah! >> jimmy: she's so fun. we're going to play a new game with her. it's pretty weird, but it's gonna be fun. also, we love this guy. he's the host of "@midnight." he's the host of a bunch of things. >> steve: he's the host of about a thousand shows. >> jimmy: "talking dead." >> jimmy: "staying alive." >> steve: yeah. >> jimmy: anyways, "@midnight" is his show that's on comedy central and he's a buddy of ours. chris hardwick is stopping by. [ cheers and applause ] >> steve: what a gentleman. >> jimmy: talented guy, too. >> steve: lovely man. >> jimmy: did you know he was in "rock of ages" in l.a.? >> steve: who was? >> jimmy: chris hardwick. >> steve: are you serious? >> jimmy: like, he can si

. >> steve weiss, on our set today, has a question for you. >> hey, adam.king the last few days, as companies reported earnings, dick's sporting goods, that the sport is sort of declining in the u.s. now, do you see this globally? and do you think it's just a soft spot, because still from the economy, in the upswing again? >> yeah. it's interesting. it's very regional. i mean, it's growing in so many of the markets around the world. but certainly it's declined in the u.s., and that's concerning, and i know that everyone involved in the game is trying to find ways to turn that around. it might be, you know, closer related to the market than we all think, but it's not really what we want to see happening in the game. so we're all trying to do our bit to get everyone back out to the golf course and make golf as accessible to everyone as possible. >> adam, mike murphy here. i was watching you. i'm a member at liberty watching you last year as you were leading on the 18th hole at the barclays. you're out to defend your title this year. as tiger was chipping on t

adam johnson. scarlet, get us started on the screamer and she. >> microsoft ceo steve balmer?e has a loud personality. he is the new owner of the l.a. clippers. he made his debut yesterday. he sat down with trish regan. he is setting the bar pretty high for his new $2 billion investment. >> i want the clippers the best the clippers can be. the best team, the best players, the best character, the best coaching staff, the best business. i want all of that for the clippers. that just means we're going to have to be hard-core about better, tenacious, more and more excellent in everything we do. ballmer promising to be hard-core, you know he is going to be a hands-on manager. >> he is going to be paying some $4for million bucks -- million a year and they will spring their ankle, will he start screaming? >> that is what he does, he screams. usually i think what is challenging in professional sports, the manager does not make as much money as the stars. now you have an owner who can bear down on the players, too. steve ballmer spoke about microsoft undersell siena dela. -- satya nade

adam johnson. >> good morning. steve ballmer has quit microsoft board.fter his departure sco pulls him he was the -- he was connected -- after as ceo.rture a large secondary investment of about 200 million dollars for spacex. it's a private -- the first private rocket maker to deliver international cargo to the space age and. and some privacy watchdogs have set their sights on google. among the list of concerns, allowing advertisers to target children. >> our mark halperin will interview paul ryan in the 10:00 hour this morning. the way forward might be to read .yan mark halperin is the director of politics. i love chapter six of "the way forward." .impler, smaller, smarter that is a republican plea, and the? >> paul ryan is one of the leaders of the republican party. this is a real book in terms of most campaign books. this is not just a biography. this is what he thinks is the past -- the path forward. >> how is it different from hope and audacity? >> ryan has a very fundamental view of what the country should do. it's a pretty orthodox view. the ideas

steve cohen's house? >> the one thing they were most adamant is weren't saying anything about janet yellent and social media stocks, they want it denied, the social media stocks -- >> smaller ones. >> right. the fed chair shouldn't be staying stuff like that. >> interesting, they called us back after they went on initially and said you got some of the stuff nuanced wrong. i said exactly what? larry was talking about the fed staff, not yellen. yellen made the comments. okay, i guess you're right. one thing about larry summers, when he starts talking extemporaneously, he gets himself in trouble. he clearly attacked the sitting chairman on the federal reserve for making sector calls. no doubt he was critical. liz: we thought it was off the record. >> he was off the record. that's my job to get the off the record stuff. kill me for that. liz: with your partner julie producing for you. great to see you both. julie, charlie, thank you. while charlie was talking, i'm not going to blame you, the dow is down 67 points. still not the lows of the session. closing bell is five minutes away. much more on today's july jo

adam: we asked you on facebook and twitter what your dream classic car would be. steveus his favorite is the 63 corvette stingray, split window coupe. good luck getting your hands on those. >> marco said, 1957 ford thunderbird. adam: wayne wants a 164 thunderbird convertible. studebaker, convertible. had one. shouldn't have sold it. >> gerri willis is here. you will tell us your dream car. you're looking how consumers could be affected by some reports of this potential hack attack on jpm. gerri: deirdre and adam, thanks for that. russian hackers attacking jpmorgan chase. we'll tell you what they got away with. also coming today on the show, american workers winning jobs from other countries, especially mexico. gm says adios and hello to tennessee. what is going on with apple? first they started shrinking the ipad. reports they are about to make it bigger, much bigger. airlines no longer listing their fares on orbitz. what is going on? are they trying to hide something from the flying public? we'll answer. "the willis report" where consumers are our business starts right

adam johnson. our guest host, steve sadove, formerly of saks fifth avenue.ge for samsung -- it is use it or lose it. the company is almost sitting on twice as much cash as apple. of 60g has the equivalent billion dollars in cash at the end of june. even though pandora is based in oakland, one of america's most diverse cities, the streaming media company says its staff is almost two thirds white. statistics from silicon valley companies shows a similar lack of ethnic diversity. white men and asian men are posted very well. thumbtack is getting a big boost from a big name -- google capital is leading a $100 million investment charge. the san francisco company says it has now raised 150 million dollars. that is today's coming in from the files of "bloomberg west." and arlet, it was a time different place. i remember it clearly. you would wonder through the revolving doors, fight your way through the perfume, cosmetics counter. none of that is there any more. department stores are forever changed. stephen sadove is the chairman of the national retail federation,

adams, mrs. doubtfire, and my captain from dead poet society. steveot be more stunned by this loss. great talent, acting partner. robin williams made the world a little bit better. >> he certainly did. as his wife said, she wants us to remember his life rather at that point way he died. thank you, brian, we'll be right back. here at timbuk2, we make more than 70,000 custom bags a year, right here in san francisco. we knew we needed to grow internationally, we also knew that it was much more complicated to deal with. i can't imagine having executed what we've executed without having citi side by side with us. their global expertise was critical to our international expansion into asia, into europe and into canada. so today, a customer can walk into our store in singapore, will design a custom bag and that customer will have that american made bag within a few days in singapore. citi has helped us expand our manufacturing facility; the company has doubled in size since 2007. if it can be done here in san francisco, it can be done anywhere in america. so

adam jones scores. double for davis. birds up 2-1. top of the seventh. one of the best home run hitting teams in baseball cranks it up. steve pearce way back. get out of there. john then scope adds -- jonathan schoop adds a homer in the ninth. redskins and browns tomorrow night. browns are welcoming in as you know heisman johnny manziel. they are talking about the trip to d.c. and single caller who will be on the opposite side at fedex field when the teams suit up tomorrow night. manziel sat down with jay gruden's bronner jon and talked about playing against robert griffin iii. >> when you were in college, you emulated robert griffin on the practice field. you will play robert griffin. what is that going to be like? have you been studying his film since his old coach, kyle shanahan is your coach? >> we got to watch a little bit and take away a lot of good things from the few years they had there. look at the rookie year and just his transition coming from baylor and hopping straight in and starting week one, it was pretty impressive to watch what they did in that rookie year. >> sunday afternoon football preseason, colin ka

steve. >>> now to w members of congress, both veterans of the iraq war. democrat tulsi gabbard from hawaii, and adaminzinger, the republican from illinois headed off to national guard duty next week. i would like to art withou, congressman. do you think the u.sis doing enough?l, lk, i want to be very re to feel say, it's good that we staed doi something. what we're watching in iraq and lyis the cenario fo this cancer that is growing that is consuming all over the place. back in january, i called for air strikes against isis, on this show, in fact. when they were just about 1,000 or,000 people. today, we see them in the tens of thousands. they're only continuing to metastasize. i think what we have begun doing is very good. i think we have get enbigger aer crushing and the pushing back isis not just in iraq but in syria is of the utmost priority. army, who w fds its e syrian surrounded by the regime and isis has got to be emboldened to fight them back. they need the equipment and the weapons.is is t o. lved in stopping this with the iraqi government i think we're on tight start. but there't more to d

steve sotloff. president obama says the united states will continue standing up to the islamic state. joining us now, ambassador adamli, a former state department spokesman and served as ambassador to bahrain. mr. ambassador, you want to do more. the president says we have to stand up. others have called for more to be done. there are limits to what we can do without congressional action, aren't there, and who makes these decisions? >> well, this is a very long war. and we should be clear about what's at stake. i think the brutal execution of mr. foley demonstrates two things. number one, it demonstrates what a lot of people have been saying for a long time, which is that the islamic state represents a threat to the united states and represents a threat to u.s. interests. the islamic state has said they'll attack america and americans. now they've proved very graphically that they will do that. so that's number one. number two and i think more importantly, that, you know, if you're going to talk the talk, you'd better walk the walk. and until now, frankly, we haven't done much to contain the islamic state. let's rem

obviously, it's great for owners that steve ballmer came in with a record-breaking price, the highest price paid for any sports franchise. neil: did he do that deliberately, adam, that he wanted to come out the gate with a bid no one could top and not get into a back and forth, back and forth? >> he wanted to clear the field. neil: yeah. >> and as his wife said to him, how do you spend 2 billion dollars? he said write a check. neil: must be nice. so now what? he's look at the team and said some things already, relations has improved with all the players, what have you, how do you advise mr. ballmer now, like obs obviously, a lot of legal battles back and forth. as far as the old owner is concerned. how much does mr. ballmer inherit and how much do you have to deal with? >> well, right now, our focus is going to be on the team. steve is incredibly excited to get involved and give the resources that the team hasn't had in the past to the coach, to the players, everybody is really and excited. coach, doc rivers is thrilled. all the players are really excited. steve's coming down on monday, you may know, for a fan rally, and there's going to be enormous amount of

steve ballmer and the la clippers. it is wednesday, august 18. i am tom keene. joining me, scarlet fu and adam johnson.ivek ranadive. >> in china, new home prices dropped it also, israel's gdp expands less than forecast. our own house and data with the housing index earnings. after the bell, urban outfitters. there you have it, a brief brief. >> let's get you some company news. dime what is the latest company in the cross hairs of chinese regulators. antitrust officials have evidence of decisions by mercedes-benz. preparing ana is offer for a brazilian broadband unit. is bid for vivendi's gvt worth $9.4 billion, according to people with knowledge of the plan. telecom italia competes with telefonica brasil. aredollar wars officially on good dollar general has made a $9.7 billion counterbid for family dollar. the challenges the takeover offer made earlier by dollar tree. tom? >> $1.2 billion here, $1.2 billion there. who is counting? family dollar. >> oh, i get it. dollar tree. townsend joins us. my head is spinning over these transitions. were you surprised by this announcement? >> not really. we heard

adams during a special nominating convention. she is a relative unknown, a state legislator, and she will now replace the candidate for the u.s. senate race against steve after senator john walsh dropped out. curtis actually less than three months before the november 4th election. to introduce herself and let people know about her and make her case with montana voters, this political news coming out of montana. yay for democracy is what she has there. >>> police and protesters clashiclas clashing again in ferguson, missouri, about a week after a white officer shot and killed an unarmed black teen. a large crowd looting the convenience store that the teen, michael brown, was accused of robbing. this after police released the name of the officer involved in that shooting. let's discuss the investigation so far with lance la reduce sew, the author of the book "when cops kill." he's also the principal of larue sew law firm. it's good of you to join us. i understand you used to be a police officer, now an attorney. tell me, if you can, what is the next phase for this investigation. >> kelly, there's a lot of phases to this. there's an investigative phase go

adams was a 21 year vet of the police force. >>> also this morning philadelphia police questioning a man about the the murders of two women in mayfair. >> steve is at police headquarters, he knew them, steve. >> reporter: that is what we told you here yesterday that the police were going on the assumption it was somebody that knew them simply because in one had broken in to the house and obvious that the person was let in the house or lived in the house and detective were told right away things like in one who was ever hungry wasn't ever fed by 67 year-old dolly evans and in one who desperate thely needed a place to live was ever turn away from her home. now one of those young men taken in and fed by dolly and her 59 year-old friend ruby thomas is the person of interest here and only person in custody here at headquarters as the neighborhood, back in the mayfair holmesberg area wants to hear official confirmation of what police suspect right away that these ladies were strappingled by an electrical cord someone they knew, let in and helped but betrayed that trust and killed them. so this guy in custody since 10:00 o'clock here yesterday, 25 y