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Good morning, and welcome to the government audit and Oversight Committee for today, november 17th, thursday. Im eric peskin joined by supervisor katy tang who is sitting in for vice chair supervisor nor man yee. Well be joined shortly by member and president breed. Our clerk is dash derrick evans. Do you have announcement. Speaker make sure all Electronic Devices and complete speakers and it should be submitted to the clerk. Board of supervisor agenda thank you, mr. Evans. Supervisor tang, can we have a motion to excuse supervise yee. So moved that will be the order. And mr. Clerk, could you ...

Futures coming back slightly, but now goldmans out with a new very pessimistic note on the market. Hp is buying samsungs printer business for 1 billion. Were going to talk to hp inc. s ceo about that deal in a cnbc exclusive squawk box, donald trump saying were in a false market. And janet yellen is keeping rates low because president obama wants her to. Well have much more from that interview coming up as well. First up though, futures are recovering a bit after this mornings losses following the friday selloff sparked by those rate hike fears. This morning atlanta fed president Dennis Lockha...

Today after forecasting a 6 to 12 drop in earnings in fiscal 2017. The question is how much of a warning sign is it for other retailers and what is it telling us about the economy . Thats not the only story today. Its not just about equities. Take a look at the tenyear yield. The beige book came out an hour ago and the markets really didnt like it in terms of the growth stories, so were back below 2 on the tenyear. The dollar index is now at a sevenweek low. The euro has moved to a sevenweek high against the dollar itself. Gold is now back above its 200day moving average for the First Time Sin...

Jeopardy this week when the mayor returns from mexico ill be having a conversation about this issue we cant sit down and allow this to continue something has to be done and done now to address the issues of the department pending the outcome of that conversation i indefinitely will have more to say at the meeting next week. The other issue is an issue that im not happy to be bringing forth about the 49ers so long as i can remember i was able to speak iafis 49ers fan the 49ers wentz the super bowl and everybody hanging out and hugging those are the types of things a Football Team can do for a c...

City. In chicago for example, theyve had a Similar Program in place for 3 years. In those 3 years theyve found approximately 7 million in addition cost savings their flex fleet with zip car is 25 krernt per mile cheaper and have been able to cut 3 hundred vehicles off their fleet those are cost savings that other municipalities are experiencing i think the benefits for our city are 3 fold the first cost savings and other municipalities create partnerships for City Fleet Services for out right owning their vehicles and the second is greater efficiency within our City Government with up to date ...