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Republican Darrell Issa has represented the 49th Congressional District for nearly 20 years, but new signs are pointing to a Democrat taking that House seat in the November election.Republican Diane Harkey is vying for the position against Democrat Mike Levin. The district runs from coastal North San Diego County into Southern Orange County. Speaking to the Republican Party of San Diego County at an event this month, Harkey said some are losing hope in her campaign. She rallied attendees at the Town and Country Resort on keeping the 49th a Republican seat. After an enthusiastic response, she told the crowd: 637
President Donald Trump will announce his decision on whether the US will pull out of the Iran nuclear accord at 2 p.m. ET on Tuesday, he wrote in a tweet."I will be announcing my decision on the Iran Deal tomorrow from the White House," he wrote Monday afternoon.Trump is weighing whether to continue waiving sanctions on the energy and banking sector that were lifted as part of the 2015 agreement.European allies -- including the United Kingdom, France and Germany -- have encouraged Trump to remain part of the deal while acknowledging the agreement's flaws. They have worked to develop an ancillary agreement that addresses Iran's ballistic missile program and its support for terrorism. 699
President Donald Trump says he has asked the SEC to study whether to stop requiring companies to report quarterly earnings.In speaking to business leaders, one told him a twice-a-year reporting system would allow companies the flexibility and cost savings companies need to "Make business (jobs) even better in the U.S." Trump tweeted Friday morning. Trump said he directed the SEC to look into a change in its requirements.Public companies must report their sales, profits and the state of the company's balance sheet every quarter. That has been required since the Securities Exchange Act of 1934, which was put in place to give more confidence and transparency to investors in the wake of the 1929 stock market crash. That act also created the SEC, which sets the regulations which govern those quarterly reports.Businesses have long complained that the reports require company executives to focus too much on the short term. Juicing numbers impresses investors, but it can force companies to miss out on long term trends. One of the reasons Tesla CEO Elon Musk wants to take his company private, he told his employees last week, was the way quarterly reports distort decisions at the company.President Barack Obama has also criticized quarterly reports.Speaking to the New York Review of Books in 2015, Obama said that he had talked to a large number of businesses executives who told him, "Because they've got quarterly reports to shareholders and if they've made a long-term investment that may pay off way down the line, or if they're paying their employees more now because they think it's going to help them retain high-quality employees, a lot of times they feel like they're going to get punished in the stock market. And so they don't do it, because the definition of being a successful business is narrowed to what your quarterly earnings reports are."Shareholders, however, use the quarterly earnings reports as a guide to the quality and health of their investments. Without quarterly financial reports, investors could be blind to important risk factors that could damage their portfolios.The president has run privately-held companies that didn't have to report results at all during most of his time in business,The European Commission, among others, only requires semi-annual financial reports of companies there, although major European companies whose stock is traded in both the United States and Europe will report on a quarterly basis in order to comply with SEC regulations.The-CNN-Wire 2519
RANCHO SAN DIEGO (KGTV) -- The boyfriend of a missing woman refused to take a polygraph test Monday - on the same day Arizona police arrested him for identity theft and forgery. Kiera Bergman was living in Phoenix when she went missing two weeks ago, but the 19-year-old grew up in San Diego. Monday night her father agreed to speak with 10News Anchor Ariel Wesler about the desperate search for Bergman. Bergman graduated from Valhalla High School in 2017. After her disappearance, family and friends launched the #bringKIERAhome campaign - passing out flyers and stickers to keep hope alive. 617
Rapper Kanye West is scheduled to have lunch with President Donald Trump at the White House today. The meeting is just the latest turn in an unexpected friendship between the former New York real estate mogul and the Chicago musician.Here is a brief history of West's outspoken support of Trump.Prior to the rise of TrumpPrior to Donald Trump's foray into politics, West has had a contentious relationship with former presidents. During a telethon to support the victims of Hurricane Katrina in 2005, West famously went off-script to tell viewers that then-President George Bush "doesn't care about black people."West had a hot-and-cold relationship Bush's successor, President Barack Obama. The Chicagoan reportedly consulted with West and rapper Jay-Z during his presidential campaign in 2008. But after West infamously interrupted Taylor Swift's acceptance speech at the 2009 VMAs, Obama reportedly called West a "jackass" in an off-the-record comment to ABC News reporter Terry Moran. Following the report, West said he felt "used" by Obama."I don’t care if somebody’s the president or not. I care about thoughts and how you helping people and what you bring to the world,” West said, according to Billboard.West says he would have voted for Trump, meets with him during transitionWest did not endorse either Trump or Hillary Clinton prior to the 2016 presidential election. On Nov. 17, days after Trump's victory, West told a San Jose crowd during his "Saint Pablo Tour" that he did not vote, but if he did, he "would have voted for Trump." West cited Trump's speaking style as the reason for his support. 1663