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SAN FRANCISCO (AP) — Amazon has eclipsed Microsoft as the most valuable publicly traded company in the U.S. as a see-sawing stock market continues to reshuffle corporate America's pecking order.The shift occurred Monday after Amazon's shares rose 3 percent to close at ,629.51 and lifted the e-commerce leader's market value to 7 billion. Meanwhile, Microsoft's stock edged up by less than 1 percent to finish at 2.06, leaving the computer software maker's value at 4 billion.It marks the first time Amazon has held the top spot and ends Microsoft's brief return to the pinnacle after it surpassed Apple in late November .The repositioning has been triggered by mounting concerns that the Trump administration's trade war with China and rising interest rates will bog down the worldwide economy. If that were to happen, it's likely to slow the growth of companies in technology and other industries that generate a substantial chunk of their revenue outside the U.S.That's one reason most technology stocks are well off their peaks. Amazon, for instance, remains 21 percent below its high reached in September when the company's stock value stood above trillion. Apple was worth even more back then, but its stock has plunged by 37 percent since early October to erase about 0 billion of its market value.Apple confirmed some of investors' worst fears last week when it warned that disappointing demand for iPhones, especially in China, caused its revenue for its most recent quarter to fall well below the projections of its management and industry analysts. 1584
SAN DIEGO (KGTV) --Three hours after returning from his deployment, Navy Lt. Eric Turner went to Seaworld. Not for the same reason as most visitors though - he was there to surprise his wife. Beckie Turner is a trainer. Hundreds of people pack in to see the "Dolphin Days" show at the park. Beckie does it every day, but Wednesday, September 13 there was something different going on backstage. "She's not expecting me, she thinks I'm on medical hold or something like that," her husband told 10News Reporter Bree Steffen. "I hope she's not mad haha." Lt. Turner is back early from his 11-month deployment in the Middle East. The couple was reunited after he walked down the arena stairs, people cheering as Beckie got out of the water and embraced her husband. "It's nice to have him home," she said, tearing up. "Thank you all for being a part of it, it's really special." Eric and Beckie have four kids, have been married 10 years, and both of their parents served in the Navy. 1035

SAN DIEGO, Calif. (KGTV) - Five years since it was last open to the public, the iconic "Plunge" swimming pool is finally set to welcome San Diegans at Belmont Park."Oh, we're so excited. It's highly anticipated," said Belmont Park spokesperson Michelle McKee.The pool was one of the original attractions when the amusement park opened in 1925. However, it had run into hard times in recent years and has been closed for much of the last decade. One management company went bankrupt. The next came up with a renovation plan, only to discover dangerous, corroding conditions inside, leading to the pool's closure in 2014. Work finally began in earnest in 2017, tearing out much of the Plunge infrastructure, while trying to maintain a link to its historic nature."It was a wonderful pool," McKee said. "We wanted to maintain the structure of some of those elements, so that remains here in the pool."A signature element, a large mural by the renowned artist Wyland, had to be removed. In its place is a new, bright, open look. Windows surround the pool, giving swimmers a view of the ocean. A retractable roof will help control the climate inside the glass space.The high-end gym company "Fit" is building a club on the upper floors. Fit will manage the pool. Members will have access to the pool. The public can purchase day passes. With a dynamic pricing plan, adult passes will begin at .Some San Diegans who have been to the plunge in the past worry that the price point will drive out locals and turn the Plunge into a tourist haven."I feel like when it's not tourist seaon, like summer when there's not many tourists, it's just going to be there. I don't think a lot of people will be going to it," said Makenna Gingrich."Spending is outrageous," said Scarlett Clancy.The Plunge will have its grand reopening July 4. Passes are currently on sale. The Fit club will open in early August. 1905
San Diego is falling behind other major California cities when it comes to new construction of Accessory Dwelling Units, also known as "Granny Flats."The U.S. Department of Housing and Urban Development defines an accessory dwelling units (ADUs) — also referred to as accessory apartments, second units, or granny flats — "as additional living quarters on single-family lots that are independent of the primary dwelling unit."The California State Assembly passed a new law in 2016 requiring cities to make it easier for people to build ADUs by easing regulations. State lawmakers see it as a way to help solve the housing crisis."The separate living spaces are equipped with kitchen and bathroom facilities, and can be either attached or detached from the main residence."But in the first 10 months after the law went into effect, San Diego only saw 64 new permit applications to build a granny flat. By comparison, in the same time, Los Angeles got 1980 applications. San Francisco had 593, Oakland had 247 and San Jose had 166. Only Sacramento, with 34, had fewer than San Diego.Developers think San Diego's high permitting fees are holding up the process."People are ready to build a granny flat, they've hired architects and they're ready to go," says Caitlin Bigelow. Her company, Housable, helps people navigate all of the fees and permits they need to build. "They just don't want to pay ,000 extra dollars they may not have to in six months," she says.Depending on where you live and how big an ADU you want to build, a city report showed fees could climb as high as ,000. Those fees cover the costs of connecting ADUs to city utilities like water, sewer and power. They also go towards infrastructure improvements and to local schools.A City Council Staff report had the following list of permits and fees you may have to pay: 1864
SAN DIEGO (KGTV): A new study from the Public Religion Research Institute paints a grim picture of people struggling to make ends meet in San Diego.The study polled more than 3,300 people across the state. It says 45% of San Diegans fall into an auspicious category: people who work full time and still struggle with poverty.The study looked for income levels below 250% of what the US Census Bureau considers the local poverty level. While it doesn't provide an exact dollar amount for that, the study's author says that percentage seemed to be the tipping point for people who could or could not withstand a financial emergency."In this group, a majority of them say they would have a difficult time even coming up with 0 for an emergency expense," says PRRI CEO Robert Jones. "About 4 in 10 say they have put off going to the doctor or cut down on meals to save money. So these are people who are really living right on the edge."At 45%, San Diego falls near the middle of California regions when looking at working people who struggle to make ends meet. On the low end, the Bay Area had just 27% of people in that category. Los Angeles was at 49%. The San Joaquin Valley had the highest percent at 68%.Jones says things like the cost of housing, gas and other necessities in San Diego stretch people's budget to the breaking point."What the survey shows is people working very very hard feel like the deck is stacked against them in a number of ways," says Jones.Other numbers showed a loss of faith in the American Dream, especially in California.In San Diego, 60% of people think it's harder to achieve the American Dream in California than in other parts of the country. 52% of people surveyed say they don't think they'll retire, or they will have to wait until after they're 65 to do so.And 68% of the people surveyed say they'd tell young adults to leave the state to find better opportunities.You can read the full report at the PRRI?website. 1979
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