Comment, press starthree to be entered into the queue. If you submit Public Comment via email, you may could do by submitting it to me, erica. Major sf. Org. Chair peskin thank you, miss major. [inaudible] clerk the system prompts will indicate that you have raised your hand. Please wait for the system to say youre unmuted to make your comments when we get to Public Comment. Chair peskin thank you, miss major. Colleagues, as you know, the voters of San Francisco passed proposition e for housing for educators. This is a slight tweak that would run concurrently, and if approved by this body, would be sent to the board of supervisors as a Committee Report. This legislation introduced by president yee relative to the mix of threebedroom units thats been reviewed by the Planning Commission that has unanimously recommended this to this body, and with that, i will turn it over to president yees chief of staff, general. Thank you, chair peskin, and supervisors safai and preston, for allowing m
Announcements. Clerk thank you, chair. Precautions are taken to a statewide stayathome order and all other state and local orders, resolutions, and directives. Members and the public will stay at home and participate in the meeting to the same extent as if they were present. Sfgovtv. Org and channel 26 are streaming the number across the screen. 4156550001. The number is is 1462472457. Then press pound, and pound again. When there are items of discussion, youll be muted. If you wish to enter Public Comment, press starthree to be entered into the queue. If you submit Public Comment via email, you may could do by submitting it to me, erica. Major sf. Org. Chair peskin thank you, miss major. [inaudible] clerk the system prompts will indicate that you have raised your hand. Please wait for the system to say youre unmuted to make your comments when we get to Public Comment. Chair peskin thank you, miss major. Colleagues, as you know, the voters of San Francisco passed proposition e for hous
After their historic splash down in the gulf of mexico, the u. S. Astronauts on the first commercial space craft reveal what it was like in that capsule. And the prank calls they made while waiting. Plus end of an era. The Oldest Department store in the country filing for bankruptcy. The new buzz about socalled murder hornets. The New Discovery that has experts worried. A new option for people looking to cool off while keeping their distance. Renting a pool. To cool off while keeping their distance. Renting a pool. Good monday morning. Thank you for joining us. We begin with that Weather Threat unfolding for millions of people. Isaias is expected to make landfall in the u. S. Potentially as a hurricane. On the radar right now the storm is swirling just off the florida coast packing winds of up to 70 miles an hour. The storm clobbered the bahamas over the weekend and storm watches and warnings exnd the way to rho gland kea close e on isaias wh e storm crawling up the east coast. The sto
Result of arson fires. And coronavirus takes out the countrys Oldest Department store chain. Liquidation sale signs could be seen on lord taylor locations yesterday. The nearly 200yearold Company Announcing its declared bankruptcy. Those are some of our top stories on this monday, august 3rd. Thank you for joining us. Hope you had a good weekend. Lots of news to get to. Were beginning this half hour with the possible hurricane heading for landfall in North Carolina. Residents and President Trump has already approved a disaster declaration for parts of the state. Isaias is a Strong Tropical Storm and heading northnorthwest. Before its done it will bring as much as six inches of rain to North Carolina. Reporter josh chapin is there. Reporter beachgoers raving about the weekends weather even as a storm threatens this beach town again. For Tropical Storms, we have to look at the totality of impacts. Reporter New Hanover County Emergency Management is not yet calling for evacuations. For ea
Taking a break yesterday, but we have apple climbing again. Investors want in on this defensive and growthy tech stop. Facebook up 4. 7 after facebook and twitter both blocked President Trump, a video on covid misinformation. Facebook getting a bounce on that considering they had not taken a strong action in the past, something some investors wanted to see. Making it interesting, when we take a look at the vix on the nasdaq 100, it is higher. That tells you going into the payrolls report or some expectation volatility tomorrow could pop. David stocks may not be moving much yet, but there is action on the bond side. My question is how low can the 10 year yield go. We are well into negative territory on the real yield. Abigail this is a great question. We have had this rally for stocks, not just out of the march lows, but more recently as the nasdaq has been carving out alltime highs. Over the last five weeks, bonds have been rallying. A very persistent rally in stocks and bonds. Many fo