Print
San Diego’s new mayor and the newly formed City Council expect to find out Thursday what’s actually in the bids to win the city’s new electric and gas franchise agreement and determine if more than one company made a submission that meets the minimum requirements the city has sought.
After Mayor Todd Gloria on Tuesday morning called for the council to hold a special meeting to disclose the bids, City Council President Jennifer Campbell placed it on the docket for 10 a.m. Thursday.
However, the meeting will not determine which company if any will win the new agreement because the meeting has been listed as an “informational” item before the council, not a voting item.
A
Hi there, it’s Tae from the Bloomberg Opinion team. The market for technology initial public offerings is sizzling again. This month is on track to set an all-time record for money raised in IPOs in the US, capping off an already record year, according to Bloomberg data.
The coming days are set to be an IPO blitz: Both food delivery leader DoorDash Inc. and online home rental giant Airbnb Inc. recently increased their IPO price ranges ahead of imminent listings. On Tuesday, DoorDash priced its offering at $102 per share, putting the company on track to be the third-largest US offering this year. DoorDash is slated to start trading on Wednesday, followed by Airbnb on Thursday.