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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 (KGVT) -- Parents of San Diego Unified School District students will hold a demonstration Tuesday with a goal for the school district to return to full-time, in-person education as soon as possible.Parent and family therapist Gina Smith said she started the group called "Reopen SDUSD" because she is frustrated that other San Diego County districts have set reopening dates, and many private schools are already open. The group has already started a petition which has more than 650 signatures."What sparked the fire is that other schools have reopening plans within weeks and San Diego Unifed has been silent," Smith said.San Diego Unified has not released any definitive dates or a timeline for reopening.Currently, the district is reporting a projected loss of 2,474 students. Two out of every three un-enrolled students are kindergartners. Enrolling children into kindergarten is not mandatory in the state of California.The district has a meeting scheduled for Tuesday evening, and before that meeting, hundreds of parents are expected to rally over their concerns about distance learning. Some parents say they're concerned about the mental health impact distance learning is having on their children."The isolation and lack of social interaction is a huge part that many children as young as five are experiencing depressive symptoms", Smith said. The group also will hold a protest outside San Diego Unified’s District headquarters Tuesday at 4 p.m., before the school board meeting at 5 p.m. 1519
SAN DIEGO (KGTV)— The San Diego Police Department's Eastern Division opened up their “Trunk or Treat Haunted Station” to more than 500 kids the Skyline neighborhood. Officers and community members helped to transform the station, and students from Morse High School played monsters in the haunted house. The tradition began four years ago, with the goal of connecting the community with law enforcement. “It’s so safe. It’s so fun. The kids are having a blast,” one woman said, as her cousin played with the police equipment on display.Outside the station, sponsors gave out candy and snow cones. Officers allowed Trick-Or-Treaters to tour the inside of a SWAT vehicle and ride a police motorcycle. “When I was a child, we didn’t have a place like this to come to,” one woman said, as her grandchildren played inside the SWAT vehicle. “As I was growing up, they would say 'Don’t eat the candy. Things are unsafe.' But we’re so glad to be here because we know our kids are safe here.”Residents said this was exactly what the community needed-- An experience that not only keeps the streets safe, but builds good relationships between residents and law enforcement. “A lot of the kids said, 'I want to be a police officer when I grow up.' And that’s what we want. We want kids from this neighborhood to get interested in becoming a police officer,” Lt. Ernesto Servin of SDPD said. 1414
SAN FRANCISCO (AP) — A wildfire in California wine country that may have been caused by a high-voltage transmission line called into question Pacific Gas & Electric's strategy of selectively cutting off power in windy weather to prevent blazes, and could force it to resort to even bigger blackouts affecting millions as early as this weekend.The repeated shut-offs and the prospect of longer and more widespread ones brought anger down on the utility from the governor and ordinary customers."We will hold them to account," warned Gov. Gavin Newsom, who has repeatedly blasted PG&E — the nation's largest utility — for what he calls years of mismanagement and underinvestment that have left its grid less resilient.Twice over the past two weeks, PG&E has cut power to large areas of Northern and Central California to reduce the risk of its equipment sparking fires. Nearly 2 million people lost electricity earlier this month, and then as many as a half-million this week.But PG&E's decision to shut down distribution lines but not long-distance transmission lines may have backfired this time when a blaze erupted near the Sonoma County wine country town of Geyserville.The fire burned at least 49 buildings and 34 square miles (65 square kilometers) and prompted evacuation orders for some 2,000 people. No serious injuries were reported.PG&E said a live, 230,000-volt transmission line near Geyserville had malfunctioned minutes before the fire erupted Wednesday night, and a broken "jumper" wire was found on a transmission tower.PG&E CEO Bill Johnson said it was too soon to say whether the faulty equipment sparked the fire. He said the tower had been inspected four times in the past two years and appeared to have been in excellent condition.But PG&E stock plummeted 31 percent on the news. And the blaze could mean wider blackouts ahead."It's kind of a logical next step to say, 'Well, if our high-voltage transmission lines are at risk, we've got to shut those down too,'" said Alan Scheller-Wolf, professor of operations management and an energy expert at Carnegie Mellon University.PG&E, he said, "can't win."With dangerously high winds in the forecast this weekend, the utility said it is planning another major shutdown that could hit 2 million people throughout the region starting Saturday night and last up to two days.The preparations came as firefighters simultaneously battled flames in both Northern and Southern California: the fire amid Sonoma County's vineyards, and a wind-whipped blaze that destroyed at least six homes in the Santa Clarita area near Los Angeles and led to evacuation orders covering an estimated 50,000 people.The possible link between the wine country fire and a PG&E transmission line contained grim parallels to the catastrophic fire last year that tore through the town of Paradise, killing 85 people and destroying thousands of homes in the deadliest U.S. fire in a century. State officials concluded that fire was sparked by a PG&E transmission line.The line that failed this week is newer and should have been more robust, said Michael Wara, director of the climate and energy program at Stanford University. Its failure will probably make PG&E more cautious, which means more widespread blackouts, he said."There's going to be more collateral damage," Wara said.Turning off big transmission lines reduces the stability of the electrical grid, leading to bigger outages, Wara said. Transmissions lines also take longer to re-energize because everything connected to them must be inspected, he said.PG&E's CEO has said it will take about a decade before widespread outages aren't necessary.Minimizing blackouts will require PG&E to harden its grid with stronger poles and newer equipment less likely to fall or spark. Cameras, weather sensors and a more segmented grid would allow the company to target blackouts to areas in the most danger.PG&E began resorting to large-scale shut-offs after its equipment was blamed for several blazes in recent years that killed scores of people, burned thousands of homes and ran up billions of dollars in claims that drove the utility into bankruptcy, where it is still trying to put its finances in order.The repeated and sometimes lengthy blackouts have frustrated Californians contending with uncertainty, spoiled food and disrupted plans. Many have complained about poor communication from the power company."I feel like we're being held hostage for their failings and their incompetence," said Logan Martin, 55, of Santa Rosa.This year's fire season in California has so far been mild, with fewer deaths and fewer acres burned following two years of deadly conflagrations.Experts say it is impossible to know how much the blackouts contributed to that, but PG&E has cited numerous instances of wind damage to its equipment that it said could have caused fires if the lines had been electrified.Losing power doesn't put a huge burden on firefighters, but they need to know outages are coming so they can install generators where needed, such as pumps for retardant, said Thom Porter, chief of the California Department of Forestry and Fire Protection.Firefighters sometimes draw water from rural water systems that use electrical pumps, but there have been no reports of problems getting water to fight either of the major blazes burning in California now.___Cooper reported from Phoenix. Associated Press writers Jocelyn Gecker and Juliet Williams in San Francisco and Stefanie Dazio in Los Angeles contributed. 5574
San Diego, Calif. (KGTV) - California is the biggest prizes in the 2020 primary and the remaining Democratic presidential candidates are making a final push to turn out voters in San Diego. Much of their final efforts is focused on getting supporters in the South Bay."We're putting people out in their own neighborhoods, talking to neighbors they already know, making sure they're filling out their absentee ballots," said Joe Biden campaign staffer Jack Hurley.Biden opened an office in the Eastlake neighborhood of Chula Vista shortly after the Iowa Caucus. While Biden does not have as big a staff or infrastructure as other campaigns, they have seen a boost in volunteers since Biden won the South Carolina primary. "I want to see change and I wanted Joe Biden to be that change, and that means I needed to get to work," said Russell, who walked in to the Biden office Monday to volunteer.Bernie Sanders has a large organization in San Diego, based out of its headquarters in Barrio Logan. Monday, teams worked in shifts to train volunteers to canvass the South Bay, focused particularly on San Ysidro. "Our goal is turning out voters that a lot of them haven't actually voted before. So we're mainly focused on turnout at this point in time," one staffmember told the volunteers."It was tough in the beginning," said Sanders volunteer France Hanna about his first efforts at doorknocking. "But I realize as I share my personal Bernie story with all the doors that I knock on that I have a lot of commonalities with people."The Sanders campaign is particularly working to utilize a relatively new law in California that allows ballot delivery, meaning that campaign volunteers can pick up voters' ballots and deliver them to be counted. Because Sanders emphasizes turnout out non-traditional voters, especially young voters and people of color, ballot delivery could provide a boon, making it easier people who perhaps may not have gone to the polls to cast a ballot.The Mike Bloomberg campaign is also working to reach LatinX voters in the South Bay. "One of the main things we understand about the South Bay is that there is the most potential to turn out voters," said staffer Jesus Cardenas. Bloomberg has teams of volunteers knocking on doors and making calls. "It's going to be a little bit crazy, but it's going to be fun," Cardenas said. "Our goal is to make sure we get as many people out to the polls as possible." 2437