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Clerk. Can you please call item number one . Yes. Item number one, hearing budget process and updates for fiscal years 20202021 and 20212022, hearing to review the budget process and related updates and requesting the Controllers Office, Mayors Office of Public Policy and finance and budget and legislative analysis to report. Public comment should call the number and then press 1 and 0 to line up to speak. Thank you very much. And today we have ashley from the Mayors Office. Kelly kirkpatrick is also available to answer any questions. Also, mr. Ben rosenfield, our controller, can join us for a short period of time. As reminder, the focus of todays meeting is to hear the mayors budget instructions and process for departmental budgets and then mr. Rosenfeld will shar ....
The developing news this morning, the university of california says its campuses will be opening in the fall despite the covid19 pandemic that is currently shut down most campus activity across the state want to go live now to ucsf with more on how this might look kron fours rain harvey good morning, rain. The morning marty and what i can tell you for certain is that things on the campus going to look very different i just spoke to some ucsf students were getting ready to graduate this year and they told me they do so much physical work. They cant even imagine students join that online mixed with the on campus work. They said the students are really going to be at a disadvantage but theyre trying to make it work here at the u c system so what that could potentially look like it could look like classrooms with less student could be classrooms with physical distancing in place with the deaths you could see campus staff and faculty wearing mask along with students on campus. All these thi ....
Dollaryen pushing a bit higher. You are also looking at the 10 year going no real place, and oil trying to stabilize as earnings continue to rollout. Honeywell the latest, suspending their fullyear guidance. Time for todays market moving news from new york and washington. Lets start with earnings. We are about halfway through the seasons. Oil giant chevron out this morning, cutting capex for the second time at about five weeks, warning profits will suffer. Bloombergs Annmarie Hordern has more. Annmarie thats right, that capex headline is really the one to take away from chevron. Clearly, they are doing what they can to save cash. The original plan before they cut earlier was for 20 billion. 14 billion is roughly where chevron has been spending over the past three years or so. Dividends has been a big topic for the oil company. Sayingre now they are they are doing everything they can to protect it. In just going to be out under 3 ....
Johnson tests positive for corona virus johnson says hes suffering mild symptoms and will continue to lead the nations fight against the pandemic important. Im public fairly yes welcome to the program italy has set another grim record for the most deaths from corona virus in a single day almost 1000 people have died in the last 24 hours bringing the death toll to over 9000 thats the highest number of any country and Health Officials say the worst may be yet to come possible hospital wards are still foldover doctors say the number of patients is now steady contagion rates appear to be slowing giving hope that strict social controls may be working. But the lockdown is hitting the Italian Economy hard Homeless People are among the most affected churches and charities are overloaded with people looking for basic supplies ....
There are now more than 200,000 cases worldwide. About 370 confirmed cases in the bay area and in santa cruz county. Counties have been directed to shelter in place and its unlikely that schools will reopen before the end of the academic year. Sam lacardo will announce relief programs for people out of work or sick because of coronavirus. And theres a bit of good news for people who havent been able to find what they need in the Grocery Stores. Our crews in the field notice the panic buying is slowing down. This morning when a lot of you are waking up to start homeschooling your kids or working from home, they have been up for hours restocking shelves. Fresh fruit and vegetables that are dependent on our health. Amy hollyfield live in south San Francisco. Good morning, amy. We hear about people stockpiling on toilet paper and pasta. You dont think of people binge buying produc ....