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VISTA, Calif. (KGTV) – Infamous horse jockey Patrick Valenzuela pleaded guilty in court to domestic abuse, admitting to hitting his girlfriend at Fidel’s Restaurant in Carlsbad in September.He’s one of the most decorated thoroughbred horse jockeys with more than 4,300 wins. In 1989 Valenzuela won the Kentucky Derby and Preakness Stakes, a seven-time winner of the Breeders' Cup races.But he’s been sidelined on the track for personal and drug abuse problems and fined 28 times in his career.His California license was permanently revoked at one point. Prosecutors say he smacked his girlfriend in a jealous rage for hugging a bartender.In a surprise move, his girlfriend addressed the judge, asking him not to issue a protective order that would keep Valenzuela away from his girlfriend. Prosecutors say he grabbed his girlfriend’s cellphone and hit her face causing her ear to go numb.They also say he chased her to her car and beat on her windows and that she was afraid to let him in the vehicle. Valenzuela was given three years probation and ordered to a domestic violence recovery program. It’s his second domestic violence conviction. 1151
Wall Street is worried about a trade war.The Dow dropped 420 points on Thursday after President Trump said his administration will impose tariffs on steel and aluminum imports. The Nasdaq and the S&P 500 declined 1.3% apiece.Trump's controversial tariff announcement caught investors off guard and immediately raised concerns about retaliation from China or other major U.S. trading partners."This is the first shot across the bow over a trade war," said Art Hogan, chief market strategist at B. Riley FBR. "And nobody wins a trade war."Trump said his administration would impose a 25% tariff on steel imports and a 10% tariff on aluminum. It was not immediately clear whether Trump would exempt some countries from the tariffs, as his national security advisers have urged him to do to avoid hurting U.S. allies.Corporate America has warned Trump that tariffs could backfire. Last month, the Business Roundtable warned of the risk of "foreign retaliation" that would "harm the U.S. economy."Investors will be looking to see how U.S. trading partners react to the tariffs.Beyond worries about retaliation, the tariff news drove concerns about rising costs for companies that rely heavily on aluminum and steel, like auto and plane makers. Imports make up about a third of the steel American businesses use every year, and more than 90% of aluminum used here. Shares of Boeing fell 3% General Motors dipped 4%, and Ford dropped 3%.Related: NY Fed chief: Tariffs risk 'trade war'If the tariffs result in higher prices on steel and aluminum, companies that rely on those products may pass on some of the costs to consumers. That raises the specter of creeping inflation."This clearly will [lead to] higher prices in the production chain, which is part of the inflation path," said Quincy Krosby, chief market strategist at Prudential Financial.The timing of the tariff news surprised Wall Street. A formal announcement was expected at some point Thursday, but then it was called off. Later, Trump mentioned his tariff plans in a hastily arranged listening session with steel and aluminum executives. And he didn't provide crucial details, such as whether certain countries will be exempted.Concerns about trade come at an already shaky time on Wall Street. The S&P 500 and Dow fell about 4% in February, their worst month in two years. Fears about inflation and soaring bond yields caused a surge in volatility, including two 1,000-point plunges for the Dow.The market had come back as investors focused on the strong economy and booming corporate profits. But stocks fell sharply again on Tuesday and Wednesday, putting the Dow is back in negative territory for the year.Turbulence has picked up as well. The VIX volatility index spiked 15% on Thursday. Selling pressure will climb as volatility increases, Krosby said.At least two corners of the stock market cheered Trump's tariff announcement. U.S. Steel and AK Steel soared 6% and 10%, respectively.Century Aluminum also spiked 7%. Another major aluminum maker, Alcoa, gained 1%.Trump's tariff moves could force investors to confront another trade issue: NAFTA. Trump has repeatedly threatened to tear up this major trade deal with Canada and Mexico. Talks to renegotiate NAFTA, a major piece of the U.S. economy, have so far failed to produce a solution."It sets off the protectionist fears that had been lying dormant," said Hogan.— CNN's Jeremy Diamond contributed to this report.The-CNN-Wire? & ? 2018 Cable News Network, Inc., a Time Warner Company. All rights reserved. 3547

VISTA, Calif. (KGTV) -- The suspect deputies say broke into a Vista bike shop and stole more than ,400 worth of merchandise has been arrested.Ronald Gardner of Escondido was arrested on March 28 after deputies served a search warrant at his home.Gardner was arrested and booked into the Vista Detention Facility for burglary, possession of stolen property and possession of a controlled substance.Deputies also say three bicycles and some of the stolen sunglasses and bicycle parts were recovered and given back to the owner of the bike shop.RELATED: Vista bike shop targeted by thieves for the third time in six months?The owner of the “211 Bikes,” Jesse McCormack, found out that his shop had been burglarized after receiving a call from his security company.McCormack said this was the third time in six months the bike shop had been broken into. 874
Video from W rim of the caldera just before midnight. As of December 21 at 1:30 a.m. HST, the growing lava lake has almost reached the level of the lowest down-dropped block that formed during the 2018 collapse events. Over the past 2 hours, the lake has risen by ~10 m (32 ft). pic.twitter.com/Qbx1d6hbq4— USGS Volcanoes?? (@USGSVolcanoes) December 21, 2020 372
WASHINGTON (AP) — A speaker who had been scheduled to address the second night of the Republican National Convention has been pulled from the lineup after directing her Twitter followers to a series of anti-Semitic, conspiratorial messages.Trump campaign spokesperson Tim Murtaugh says, “We have removed the scheduled video from the convention lineup and it will no longer run this week.”Mary Ann Mendoza had been scheduled to deliver remarks Tuesday night to highlight the president’s fight against illegal immigration. Mendoza’s son was killed in 2014 in a head-on collision by a man who was under the influence and living in the U.S. illegally.She and and other parents whose children have been killed by people in the country illegally have labeled themselves “Angel Moms” and have made frequent appearances at the White House and Trump campaign events.Mendoza had apologized for the tweet, writing that she “retweeted a very long thread earlier without reading every post within the thread” and said it “does not reflect my feelings or personal thoughts whatsoever.”A Republican familiar with the plans who spoke on condition of anonymity cited controversy as the reason for pulling Mendoza. The Republican wasn't authorized to speak about the matter publicly. 1273
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