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CARLSBAD (KGTV) - Among the businesses saying Trump's trade war is hurting is San Diego born JLab, a booming audio company competing with huge brands.The Silicon Valley-style company in Carlsbad is buzzing as you walk through the large modern rectangular door."This company was four people four years ago, but now we're 40." CEO Win Cramer said they have lived the American Dream, saying they're a scrappy business always fighting to get on top."We worked out of literally, a house, or a rundown office or an apartment building forever," he said. JLab competes against major brands like Bose and Beats.They found a niche and made a name for themselves, "We came out with some fun colorful designs that happened to be on trend."Cramer said innovation is their secret weapon."It gives you the option to really tune out on a plane, you push a button and the engine noise goes away," explaining one of their earbuds.Their newest challenge is Trump's trade war. Billions of dollars in tariffs imposed on China are going into effect, and while all of the design work is done in Carlsbad, 100% of JLab's product is shipped from China.Cramer was sitting on a plane when he saw the alert, "this news pops up on my phone that 0 billion in tariffs announced, I quickly perused the list and saw our tariff code that we import 80% of our products was on the list and I just had this feeling of oh gosh we're going to have to fight this battle that we don't know how to fight."He is bending every ear within reach to spread awareness of how this affects JLab and other American businesses and even went to Washington DC to plead his case.Cramer said no legislators were there, just staffers and no electronic devices were allowed into the room. He said there is a written record of what was said."It was the largest hearing in US history which in it of itself should tell you something and how folks are, at least businesses like us are taking this pretty serious," he said.Production costs could increase by 25% and with the holiday season upon us, he's running out of options, "layoffs or pay cuts being the last option, certainly not something that I want to do or think about or consider, but it's something we're being forced to consider."He hopes change is swift and those in power hear his plea.He said the company will find out in mid-September how big the changes will be, and will see impacts as early as October. Cramer added a lot of the burden will fall on the customer, as they will have to raise the products' price.JLab employs 30 people in San Diego. 2630
Buyers beware! Sometimes when you spot a good makeup deal, it's too good to be true.The Los Angeles Police Department says it confiscated counterfeit makeup that tested positive for high levels of bacteria and animal waste.The department seized 0,000 worth of bootleg cosmetics on Thursday after raiding 21 locations in Santee Alley, a Los Angeles fashion district, said LAPD Capt. Marc Reina."Those feces will just basically somehow get mixed into the product they're manufacturing in their garage or in their bathroom -- wherever they're manufacturing this stuff," Detective Rick Ishitani told?CNN affiliate KABC.One of the brands being knocked off was Kylie Jenner's Kylie Cosmetics.?Kim Kardashian West, Jenner's sister, took to Twitter to respond to the raid:"Counterfeit Kylie lip kits seized in LAPD raid test positive for feces. SO GROSS! Never buy counterfeit products!"Other prominent makeup brands that were faked included Urban Decay, MAC and NARS.The LAPD was tipped off by the brand-name companies, which received complaints from consumers who said they had rashes and bumps after using their products. The complainants had one thing in common: They bought the product in the Los Angeles fashion district.The packaging of the bogus products looks like the real deal, but the prices are way too low."If you're getting something that's 50% off, 75% off, it tells you that it's bad," Ishitani said.Police arrested the owners at six of the raided locations, and the other operations received cease-and-desist orders, according to CNN Affiliates KABC. 1576

CHARLOTTE, N.C. (AP) — JPMorgan Chase says it will extend billions in loans to Black and Latino homebuyers and small business owners in an expanded effort toward fixing what the bank calls “systemic racism” in the country’s economic system. The bank said it is committing billion over the next five years toward programs that include earmarking more money for getting Black and Latino families into homeownership and providing additional financing to build affordable rental housing units. The bank said it expects the billion to help finance 40,000 additional mortgages for Black and Latino households, another 20,000 loans that will refinance mortgages and help construct 100,000 affordable rental units. 722
CAMP PENDLETON, Calif. (KGTV) - Camp Pendleton issued an alert Friday for a Marine missing on a recreational backcountry ski trip. 1st Lt. Matthew Kraft left for Kearsarge Pass on the Sierra High Route Feb. 23 and was scheduled to return Mar. 4 or 5 near Bridgeport. His rental car, a gray 2016 2-door Jeep Wrangler has not been found at the trip’s starting point in Independence. 11 law enforcement, federal, and state agencies are searching for Kraft. The Fresno County Sheriff, CHP, and Air National Guard have been conducting aerial searches. Anyone with information is asked to call authorities. 608
BUFFALO, N.Y. (WKBW) — Hockey is back! The National Hockey League and their players' association announced Sunday the 2020-2021 season will begin on January 13th and will be reduced to 56 games.Training camp for the seven 2020 non-playoff teams will begin on December 31st.The agreement includes a realignment of the divisions, and limiting game schedules to intradivisional. The move was done to minimize travel for the teams, as well as to account for the ongoing closure at the U.S.-Canada border because of concerns for the spread of the coronavirus. 563
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