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General Electric is cutting its stock dividend for only the second time since the Great Depression.The company announced Monday that it will cut the dividend from 24 cents to 12 cents per share.GE is one of America's most widely held stocks, and countless shareholders, including retirees, rely on the dividend payments. But the company is under enormous pressure to restore investor confidence. The stock has lost a third of its value this year.The company also cut its dividend in 2009, during the Great Recession. But dividend cuts are rare these days. Many companies are increasing them because the U.S. economy is healthy and the stock market is booming.GE plans an update for investors Monday morning and is expected to detail a strategy to stabilize the company by slashing costs and selling more businesses.It has already gotten rid of its real estate portfolio, its dishwasher and appliance business, and media properties NBC and Universal Studios. More recently, it unloaded its water business and a unit that makes electrical equipment for utilities.Even the light bulb division is up for sale as part of GE's mission to focus on being a modern industrial company that sells things like jet engines, power plants and MRI machines.GE confirmed on Friday that job cuts, some of which have begun, are part of a previously announced plan to cut costs by billion.  1386

GLENDALE, AZ — It's official: The San Francisco 49ers will play their next two home games in Arizona after local COVID-19 restrictions prevented them from playing at their home field."The San Francisco 49ers have come to an agreement with the National Football League and Arizona Cardinals which allows the 49ers to host their Weeks 13 and 14 home games against the Buffalo Bills and Washington Football Team at State Farm Stadium in Arizona," the 49ers said Monday in a statement.Over the weekend, California's Santa Clara County announced a number of new COVID-19 restrictions, which banned all sports — professional, collegiate, and youth — and required people to quarantine for two weeks if they traveled 150 miles away.Levi's Stadium, home to the 49ers, is located in Santa Clara County."The Cardinals organization, State Farm Stadium and League officials have been supportive and accommodating as we work through the many logistical issues involved in relocating NFL games," the Arizona Cardinals said in a statement.The Cardinals will host the Los Angeles Rams at State Farm Stadium on Sunday, Dec. 6. Previously, the team announced that no fans aside from a limited number of staff and players' families would be allowed inside the stadium.The 49ers will host the Buffalo Bills in Arizona on Monday, Dec. 7, and will then host the Washington Football Team there on Dec. 13.This story was originally published by KNXV in Phoenix, Arizona. 1453

HONOLULU, Hawaii (KGTV) -- A U.S. Navy sailor killed two U.S. Department of Defense civilian employees and wounded another before turning the gun on himself at Pearl Harbor Naval Shipyard, according to Hawaii News Now. The two victims who died were men, but their identities haven't been released at this time. The third victim, a 36-year-old man, is currently in the hospital. Around 5:30 p.m. PST, a spokesman said the situation had been "contained." A witness reported seeing the gunman, a sailor assigned to the USS Columbia, fatally shoot himself. RELATED: Mass shootings in the United States: When, where they have occurred in 2019It's unclear whether or not the gunman knew the victims, Rear Admiral Robert Chadwick told Hawaii News Now. A portion of Joint Base Pearl Harbor-Hickam was placed on lockdown as a PA system told people to take cover. The base was reopened around 6 p.m. Witnesses tell Hawaii News Now that the shooting happened at one of the dry docks at the shipyard. San Diego Crisis Hotline888-724-7240 1034

Here's what's making headlines in the political world on Wednesday, Jan. 2, 2019:Lawmakers gather for border security meeting -- Democratic and Republican congressional leaders are expected to attend a briefing on border security at the White House as the government remains partially shut down and President Donald Trump asks in a tweet, "Let's make a deal?"The partial government shutdown began on Dec. 22. Funding for Trump's pet project, a wall along the U.S.-Mexico border, has been the sticking point in passing budgets for several government departments.The briefing is scheduled the day before Democrats are to assume control of the House and end the Republican monopoly on government. Read more Trump lashes out at Mitt Romney -- President Donald Trump fired back at Mitt Romney after the Republican senator-elect penned an op-ed saying Trump "has not risen to the mantle of the office.""Here we go with Mitt Romney, but so fast! Question will be, is he a Flake? I hope not," Trump tweeted, referring to retiring Arizona Sen. Jeff Flake, a Republican who has criticized the President often in the last few years. "Would much prefer that Mitt focus on Border Security and so many other things where he can be helpful. I won big, and he didn't. He should be happy for all Republicans. Be a TEAM player & WIN!"Romney, who is set to take office Thursday, criticized the President's character in a Washington Post op-ed Tuesday, saying that Trump's "conduct over the past two years, particularly his actions this month, is evidence that the President has not risen to the mantle of the office." Read more Unsanitary conditions reported at National Parks amid shutdown -- Human feces, overflowing garbage, illegal off-roading and other damaging behavior in fragile areas were beginning to overwhelm some of the West's iconic national parks, as a partial government shutdown left the areas open to visitors but with little staff on duty.The partial federal government shutdown, now into its 11th day, has forced furloughs of hundreds of thousands of federal government employees. This has left many parks without most of the rangers and others who staff campgrounds and otherwise keep parks running. Read moreCNN and AP reports compiled by 10News 2260

Hobby Lobby announced Monday that it's raising its minimum wage for full-time hourly employees effective Oct. 1.The new hourly wage would be an hour, the arts and crafts company said in a press release.The current federal minimum wage in the US is .25 per hour, according to the Department of Labor.“We have always worked hard to be a retail leader when it comes to taking care of our people,” said Hobby Lobby founder and CEO, David Green in the press release. “From closing our stores on Sundays and at 8 p.m. the rest of the week, to providing some of the best pay and benefits in the retail industry, we are thankful that we are able to share our success with our valued employees and provide time for rest, family and worship. These investments allow Hobby Lobby to attract and retain a great group of associates who in turn help provide the wonderfully unique shopping experience enjoyed by our many loyal customers.”The Oklahoma City-based company said they've raised its minimum wages 10 times over the last 11 years.“Because this year has presented so many challenges to our employees, we are very happy that we are able to provide pay increases to thousands of our associates before the Christmas season,” Green added.In 2014, the company raised its full-time minimum hourly wage to . 1311

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