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SAN DIEGO (KGTV) -- Small businesses that take the government up on its low-interest loan proposal may not end up paying any of the money back under certain circumstances. As part of the Coronavirus economic stimulus bill in Congress, the Federal Government would make available upwards of 0 billion in low-interest loans of 2.75 to 3.75 percent for many businesses under 500 workers. The loans would help employers who are suffering amid the economic shutdown stay afloat in the short term. Additionally, for businesses that maintain payroll or meet certain hiring requirements, the government may forgive the loan entirely. "This could be a vital safety net for many of these companies that might close, and for their employees who might not have any other source of income during this painful period," said Lynn Reaser, chief economist at Point Loma Nazarene University. Small businesses and workers in San Diego have been hit hard amid the outbreak. The San Diego Workforce Partnership estimates 350,000 employees could be laid off, many from service sector jobs that don't have the option to work at home. Those jobs are largely in retail, accomodation, and restaurants.At The French Gourmet in Pacific Beach, owner Michel Malecot says sales are down 90 percent and that the restaurant and its catering business have lost 0,000. He has put in 0,000 of savings to keep the lights on and pay his suppliers. "It's like being a zombie," Malecot says. "You are in the tomb and nothing is really happening yet. Your instinct takes over and you have to try to make it."Malecot says he is initially optimistic about the loan program. He says many of his regular 80 employees are on unemployment, but that he is doing all he can to be able to hit the ground running once business picks up. 1803
SAN DIEGO (KGTV) — San Diego teachers took to short-term rentals to subsidize their annual salary last year, raking in .7 million, according to Airbnb.The recent study by the short-term rental website says about 15 percent of San Diego's Airbnb community is made up of teachers. Annually, those teachers typically host about 56 nights a year.While San Diego's teaching community made more than million over the course of 2017, the bulk of those earnings came during the summer months. Teachers earned more than million between June and August alone.RELATED: 584
SAN DIEGO (KGTV) — San Diego's Board of Supervisors Wednesday approved a new initiative to encourage homeowners in the county's unincorporated areas to develop "granny flats" to help ease the region's housing shortage.The initiative will waive county permit and development impact fees over the next five years for property owners who want to build granny flats or other small dwellings on lots with existing homes. The hope is those units will then be used for family members or rented out as a source of income for property owners.The waivers apply to property owners in the county's unincorporated areas, including Alpine, Julian, Fallbrook, Lakeside, and Valley Center, as part of the county's General Plan.MAKING IT IN SAN DIEGO: Family chooses 'granny flat' option with San Diego's lower fees“This is a critical step in our on-going efforts to address the region’s housing crisis, especially the serious need for affordable housing,” Dianne Jacob, the board chairwoman, said in a release. “This new program is the quickest and easiest way for us to expedite the development of housing.”To cover the cost of the fee waivers, the county will pump million into the program over the five-year period.“There is no single solution to the regional housing shortage, but an average savings of ,000 for an accessory home will raise property values and offer more affordable places to live,” Supervisor Jim Desmond said in a release. “We will continue to be creative and challenge the status quo to solve the region’s housing crisis.” 1545
SAN DIEGO (KGTV) - Starbucks customers are noticing a difference since employees were notified Friday of a revised customer policy, acknowledging "any person who enters our spaces, including patios, cafes and restrooms, regardless of whether they make a purchase, is considered a customer."This comes a month after two men were arrested in a?Philadelphia store, sparking national outrage."They're trying to make sure they fix the problem and everything and keep everything straight because they're not trying to be racist, I think," Customer Maurice Howard said.Every customer who spoke with 10News Sunday said they were happy to hear about the revised policy, hoping what happened in Philadelphia will never recur.Customer Francisco Ruiz said the coffee shops provide a service for the community, a notion echoed by the company's vision to create a "third place between work and home."It's no secret students see Starbucks as a study sanctuary. Others, like Yvonne Pardo, conduct business at some of the chains out of convenience."I'm a hiring manager for a local business and I do my interviews at Starbucks," Pardo said.When she learned of the arrest in Philadelphia, she still came in to conduct interviews, but didn't buy anything to see what would happen."Obviously I was impressed at the fact that I wasn't asked to leave, and I was there for four hours one time... Knowing that they changed their policy, I'll probably be more likely to be a patron again," she said.The new policy, meant to be more inclusive, could be abused."I was at Starbucks yesterday and there was a loiterer and I thought about that and I was like, now they probably can't ask this person to leave, and he was sleeping," Pardo said the person was homeless."You got a lot of people who want to kick it and chill and stuff like that so it'll probably be overcrowded, a little bit bad for business," Howard said.The new policy does address disruptive behavior instructing employees to call 9-1-1 and follow procedures to bar a customer from the chain if necessary.The complete revised Starbucks policy is online. 2168
SAN DIEGO (KGTV) — SeaWorld's newest roller coaster is set to open just in time for the summer.The park's Tidal Twister roller coast will welcome its first riders on May 24, after breaking ground just last October. Tidal Twister joins the park's other coasters, Electric Eel and Manta, in offering a different theme park experience than what SeaWorld is traditionally known for.The roller coast zips riders ahead at 30 miles per hour, before twisting and turning along a figure-8 track and through a Zero-G roll in the center of the ride, 16 feet above the ground.RELATED:New dive coaster 'Mako' coming to SeaWorld in 2020SeaWorld San Diego announces Tidal Twister coaster, annual pass programSeaWorld's new Electric Eel roller coaster opens to the publicDueling trains will race past one another on the horizontal track with riders sitting both backward and forward.The coaster doesn't brush education off to the side, though. The ride will include an aquarium highlighting the importance of Rising Tide Conservation, a group started by SeaWorld aimed at promoting sustainable aquaculture and coral reef protection.Following Tidal Twister's opening in May, the next anticipating coast attraction will be the dive coaster, Mako, coming in 2020. It's been billed as the, “tallest, fastest and longest dive coaster in California, as well as the only floorless dive coaster in the state.” 1393