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(KGTV) – The company that operates Rubio’s Coastal Grill restaurants has filed for bankruptcy protection, citing the COVID-19 pandemic as one of the reasons for its decision.Reuters reported Monday that the Carlsbad-based company filed a restructuring plan that includes a plan to reduce its debt.The company confirmed in a statement that it “filed a prepackaged plan with the acceptance of its lenders, and voluntarily filed petitions for protection under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware.”Additionally, Rubio’s said they expect “to complete its restructuring by the end of the year." The company has 47 locations in San Diego County and more than 1,000 local employees."It was COVID that got us here, a very extraordinary situation, such as that we find ourselves in this position," co-founder Ralph Rubio said in an interview. "The great news is all of our restaurants are open, everybody is still employed, we're still operating just as we were before."Marc Simon, president and CEO of Rubio’s, said: “Rubio’s entered the year in a strong financial position, which has helped the Company remain flexible in navigating the unprecedented impact of the pandemic. The agreement with our sponsor and lenders will position the Company to thrive in this constantly evolving market. This plan will strengthen our finances and allow us to continue to serve our loyal guests and drive our business forward.”Rubio added, in a company statement: “COVID-19 has had a significant impact on Rubio’s, like most businesses, and I’m proud of how we have responded to the challenge. Our investments in critical digital technologies in 2019, including online ordering, a mobile app, a new loyalty program and Rubio’s delivery, allowed us to pivot swiftly under varying state and county restrictions. We quickly launched family meal kits and shifted to takeout, curbside pickup and free delivery operations, allowing our guests to enjoy our delicious food when and where they want it. This restructuring plan creates the long-term financial stability we need to continue to serve our communities for years to come.”Despite the bankruptcy filing, company officials said all of its more than 150 locations in Arizona, California, and Nevada will continue to operate as normal. Rubio told ABC-10 that sales plummeted in the first two months of the pandemic, but have since recovered to just single-digit percentages off from last year's sales. Legal filings show Rubio's has million to 0 million in assets, but 0 million to 0 million in liabilities.The company permanently shut down 26 locations in Colorado and Florida due to “this year’s unforeseeable business circumstances.” Those locations had been temporarily closed at the onset of the pandemic.Rubio’s, known for its fish tacos, first started as a taco stand in Mission Bay in 1983. 2914

‘Tis the season to deck the halls! But will you go with a real or fake tree this Christmas?It’s an age-old debate that surfaces every holiday season.When we spoke to tree buyers, there were strong opinions on both sides. You can’t beat the smell of a real tree, but there are several reasons many opt to purchase a fake one.If you don’t continue to water your real tree, it will dry out, making it a fire hazard.A recent study done by Iowa State University Extension and Outreach found that thousands of insects and spiders could be hiding out in your Christmas tree.If you’re worried cutting down a real tree is bad for the environment, that myth is false. Research by Michigan University says to think of the trees like lettuce or corn; they are crops grown on a farm and are grown to be cut down.But as for the artificial Christmas tree, they are extremely cost effective. You can use them year after year.And if you’re worried that artificial trees are toxic because many of them are made from PVC plastic, well, the Consumer Product Safety Commission says there’s nothing to worry about. However, some tree buyers say the little lead found in the tree is still enough for them to stick with a real tree.Ultimately, the choice is left with families to decide what gets them in the holiday spirit. 1313

A 55-foot Christmas tree originating from Colorado’s Grand Mesa, Uncompahgre and Gunnison National Forests was lit on Wednesday night in front of the US Capitol.The annual ceremony, which typically draws thousands of spectators, was held without a crowd due to the ongoing coronavirus pandemic. Instead, the event was live streamed, and still contained some pomp and circumstance as congressional leaders joined in the annual ceremony.The tree was officially cut on November 5 before making the cross-country trek to Washington, DC.While tonight’s ceremony was held without spectators, those who are in the DC area can view the tree nightly. The tree will be illuminated every evening from nightfall until 11 p.m. through January 1. 740

(KGTV) - Is Tinder launching a new feature requiring people under 6 feet tall to verify their height photographically?No.The app put out a video introducing a new feature, requiring people to take a picture of themselves next to a commercial building to prove the height they listed is real.But it was just an elaborate April Fool's Day hoax that tricked a lot of people. 379

(KGTV) -- Tuesday, SpaceX launchged several satellites into orbit that will replace a satellite network and monitor climate change. The Iridium-6/GRACE-FO satellites were launched just before 1 p.m. from Vandenberg Air Force Base. For this particular mission, SpaceX launched five Iridium NEXT satellites as part of the company's campaign to replace the world's largest commercial satellite network. A total of eight Iridium NEXT launches are planned with the company that will send into orbit 75 new satellites. Also on board the Falcon 9 rocket will be satellites that will monitor the movement of earth's mass for NASA and the German Research Centre for Geosciences.Watch the launch in the player below:  775

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