Good morning, everyone, and welcome to bloomberg surveillance. This is what the markets are focusing on. Partly, the number of infections rising in the u. S. But partly also what we are hearing from economies in europe reopening. European stocks sliding for a second day. We did lose a bit of momentum in this equity rally in the wake of damage caused by the pandemic. Hsbc slumping after Donald Trumps advisor proposed a move to punish banks in hong kong and destabilize the currency peg to the dollar. And goldng below 41 trading near its highest level since 2011. Lets get straight to the bloomberg first word news. Good morning. The white house has made good on its threat to leave the world health organization. The Trump Administration has sent a letter to the agency giving it a one year notice it plans to quit. President donald trump says the International Body has been too deferential to china in its handling of the pandemic. The move comes as virus cases in the u. S. Near 3 million. Som
Your screen or becoming a member and our partner booksellers as you might imagine are really right now as well, theyre going to be interested in going deeper on the subject of tonights talk use the link to purchase your copy of the long fix through thirdplace books. Doctor vivian lee has been a practicing physician, scientist and healthcare administrator for over two decades. Among her roles, doctor lee has served as inaugural chief scientific officer and vice dean for science at Nyu Langone Medical Center and prior to that she was the vice chair of research at the department of radiology and for six years he served as ceo and dean of the university ofutah school of medicine among other roles in salt lake city. She was elected to the association of american medical Colleges Council of the administrative board and is a member of the Advisory Board of Massachusetts General Hospital and university of Pittsburgh School of medicine and her writing is has appeared in the Harvard Business rev
Know, ive been long microsoft, long apple, and long amazon. Well, given where we are, giving that we are seeing a bit of a surge in cases for covid19 in texas and in florida, given that we have a Federal Reserve meeting i have too much risk exposure out there so i identify these three companies, scott i say to myself, given the significant price appreciation, which Management Team do i trust most, to be most judicious which is cash, and history will show that amazon is liberal in terms of spending, therefore i decided to step out of amazon. I still own apple. I still own microsoft. It raises so many questions, joe. Thats why i wanted to start with you today this is one of those stocks that is up just huge off the market bottom there are many others on the list assist i said, is it time now for our viewers, joe, to reassess everything theyve been writing since that day on march 23rd when stocks hit bottom . I get the problem i have with it is theres a degree of ignorance regarding asset
Developments and Governor Andrew Cuomo has been mentioning these developments. Now worry on the food side though. We heard that tyson foods is indefinitely suspending operations at that largest pork plant in south dakota and worries now, forget about whether you get pork or beef. Whether, if and when you get it. We could be looking at sharply higher prices because right now it is in short supply. Connell mcshane on the latest developments. Hey, connell. Reporter neil, we have widespread agreement whether it is governments or companies, about the economic damage being caused by this pandemic in the country where there are differences though is on the approach to how to reopen economies. Now, you mentioned, some of it is businesses versus government. Business us will make the own decision. Tyson is example of that. Suspension of these operations you mentioned is an indefinite suspension. The basic thing here. A lot of workers, so many calling in sick at that plant that tyson felt they ju
Item 2 [agenda item read]. Thank you madam secretary. Is there any Public Comment at this time . Seeing none, Public Comment is closed. Please call the next item. Item 3. [agenda item read]. Thank you. Commissioners, i dont see any one listed there. Thank you. Moved by commissioner cleaveland and seconded by Vice President feinstein. Any Public Comment . Seeing none. Public comment is closed. All in favor say aye. Motion passes. Next item please. Item 4. [agenda item read] for the time being, we will skip this item. We are expecting former commissioner veronese to attend. Former commissioner hardeman has sent his regrets regarding his ability to attend today. We will move to the next item. Item 5 [agenda item read] thank you. Any Public Comment on this item. Seeing none, Public Comment is closed. We will now have a presentation. Good morning commissioners. Assistant fire marshal rich brown, chief. Im here today to present and discuss our proposed Fire Department 2019 administrative bul