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(KGTV) -- Billions of dollars could be at stake with Proposition 15.If passed, it would tax some commercial properties based on current market value instead of when it was bought. It could potentially bring in anywhere between .5 to .5 billion in new funding to local schools and governments, according to the Legislative Analyst’s Office.Brandon Foster is a small business owner in Oceanside. Even though he rents the space where his two gift shops are located, he is against Prop. 15.“We already have been told by our landlords, if that passes, they will be passing on that cost to us,” Foster said. “The landlords, a lot of them, have vacancies and things like that where they are struggling themselves. I understand why they need to pass that cost onto us.”The ad for No on Prop. 15 highlights a small business owner who said he had to close twice during the pandemic. The ad said Proposition 15 would raise “property taxes and rents on small business and they admit homeowners are next.”The change in property tax assessment would apply only to commercial or industrial properties valued at more than million. It would tax those properties at current market value rather than when it was bought.Residential and agricultural properties are not affected under Prop. 15.“They are very emotional, as ads are supposed to be,” said Lynn Reaser, chief economist at Pt. Loma Nazarene University.The ad has major funding from the California Business Roundtable, California Business Properties Association, and the California Taxpayers Association.“You would see a big effect especially on these older companies, not necessarily the big companies, but all companies that bought their properties some years ago,” Reaser said. “They could face more problems in terms of survival.”The ad lacks detail about time frame for Proposition 15, not making clear that it would take effect in 2022.While the ad said homeowners are next in line for property tax increases, Reaser said “no one knows” if that is actually true.“All the businesses, they’re all going to have to pass on the money, the expense, to somebody,” Foster said. 2131
(CNN) -- Jollibee, the Philippines' largest fast food chain, is taking a big step to expand its business internationally.The company said it plans to acquire California-based Coffee Bean & Tea Leaf, which has nearly 1,200 stores across more than 25 countries. The brand's cafes serve brewed coffee and sweet blended drinks like chocolate cookie lattes and frozen mango sunrise ice blended tea.Jollibee wants to focus on growing the Coffee Bean & Tea Leaf brand in Asia. In a press release, Jollibee's Chairman Tony Tan Caktiong said the deal will enable the company to "become an important player in the large, fast growing and profitable coffee business."Starbucks and Luckin Coffee have also been expanding their Asian businesses. Luckin announced this week it will partner with Kuwait-based company The Americana Group to set up a coffee retail business in the Middle East and India. And Coca-Cola bought Costa Coffee for billion last year to catch onto the growing international coffee scene.Jollibee said the total value of the Coffee Bean & Tea Leaf deal will be 0 million, with 0 million invested into a new Singapore-based holding company.Jollibee has a dedicated fanbase for its signature brand's fried chicken and sweet spaghetti. The company currently operates 3,195 stores in the Philippines and 1,418 in countries ranging from the United States to Saudi Arabia. The company says the new deal would grow the international business to 36% of all sales. 1492
(KGTV) - A baby badger, once lethargic and in need of care, is recovering after treatment at the San Diego Humane Society’s Project Wildlife Center. The Department of Animal Services got a call Thursday about the badger in the Jewel Valley section of Boulevard in East San Diego County. The caller told animal experts the badger had not moved all day. An animal control officer responded to the scene and found the badger to be lethargic. The officer took the animal to the Humane Society facility on Gaines Street in Mission Valley for treatment. Veterinarians are bottle-feeding the badger, which weighs about two pounds, according to animal care expert Lauren DuBois. When the badger reaches adulthood, its diet will consist of small animals including ground squirrels and pocket gophers. DuBois said the badger will possibly be released to Fund for Animals in Ramona. Badgers can be aggressive and require ample space, according to DuBois. By Friday morning, Dan DeSousa, Director of Animal Services reported “the badger is doing well and is feisty.” Badgers, though rarely seen in San Diego, are native to the area, according to wildlife experts. “In my thirty years with Animal Services here in San Diego County, this is the first badger that our Department has ever encountered” said DeSousa. “We are thankful to have Project Wildlife here in our community to provide the needed care for these animals in their time of need.” Anyone who encounters a wild animal in distress can call 619-299-7012 to report the matter. 1532
(KGTV) - Did Australia really print 46 million bills with a typo?Yes!The new was rolled out last October.It features tiny text from a speech by Edith Cowan, the country's first female member of Parliament.In that text, the word "responsibility" is misspelled.The bill was printed 46 million times.Australia is promising to fix the error in the next print run. 375
(KGTV) — Country music artists banded together Wednesday to celebrate and recognize the best in the industry and provide some needed relief to a reeling music community.Nearly a week after the deadly shooting at a Thousand Oaks bar known for its affinity for country music, musicians focused on healing and laughing at the 52nd annual Country Music Association Awards. Garth Brooks led a solemn tribute to the 12 people killed during a shooting at a Southern California country music bar last week.RELATED: There's A Gender Gap In Country Music Radio - But Not In Its FansBrooks said the victims were "lost too soon" and urged viewers and the audience to "celebrate their lives." He then took off his hat and asked everyone to join him in a moment of silence. The names of those killed were shown on a black screen for television audiences.Authorities are still trying to determine what led a former Marine to attack the Borderline Bar & Grill in Thousand Oaks on Nov. 7 during a country music dance night that drew area college students and other young people.After the moment of silence, the show began with a rousing performance of Luke Bryan's song "What Makes You Country."Hosts Carrie Underwood and Brad Paisley will help move the community through their healing process Wednesday, known for their lighthearted jokes poking at one another, their fellow singers, and — a week after midterms — politics.Also, a special appearance by Paisley's "older brother," Gary."His other name is Will Ferrell," Paisley said on Good Morning America. Ferrell recently crashed Paisley's benefit show as well. "We're trying to keep him out, but we'll see."You turn on the news this morning and there's these fires and shootings and we're hoping especially next week at the CMAs to give everybody a bunch of laughs. It's just going to be fun and [we'll] try our best," Paisley told GMA.The awards show will air at 8 p.m. on ABC10. 1974