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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 -- The San Diego County Board of Supervisors has voted to support the Trump administration’s lawsuit against California’s sanctuary laws.The board voted 3-1 Tuesday afternoon to support the lawsuit. The board directed that the County’s attorney to file an amicus brief supporting the federal lawsuit.The deadline to file a brief passed, so Chairwoman Kristin Gaspar said the earliest the county can file a brief is if the ruling is appealed to a higher court.RELATED: Escondido City Council votes to support sanctuary policy lawsuitSupervisor Greg Cox was the only one opposed to supporting the lawsuit. Supervisor Ron Roberts wasn’t present for the vote.Among the laws targeted by the legal action is SB 54, which limits cooperation between local law enforcement and federal immigration authorities.Supervisor Dianne Jacob led public opposition to the laws and said she agrees with U.S. Attorney General Jeff Sessions that they are unconstitutional and undermine public safety.RELATED: Justice Department to sue California over 'sanctuary' laws 1093

San Diego (KGTV)- Tenants in Oak Park say they soon won't be able to pay their rent if it continues to go up. Some have seen two increases this year, and they're already living on a fixed income. Tenants held a rally Thursday morning and are pushing for a rent control bill to be signed into law. Assembly bill 1482 would put a cap on rent for tenants in apartments and single-family homes. "My sense of security is pretty much gone," says Sara McTimmonds. "We don't know if we're going to be in or out." McTimmonds has been living at the Olive Wood Gardens Apartment complex for 12 years. It's a low-income housing complex for seniors and those who are disabled. McTimmonds says she's already had her rent increased twice. "In February, and then in July my rent was going to go up from 550 to 900."Renters are hoping for rent protection. Assembly Bill 1482 would do just that. The bill would make it illegal for property owners to raise rents more than 7 percent in one year. Not everyone is in favor of the bill. The California Apartment Association and the California Association of Realtors say they state underbuilt housing for so many years, and that's why rent is so high. "The five percent, plus the CPI may be enough if you don't have significant operational costs if you don't need a new roof, but that's not a certainty," says Molly Kirkland with the Southern California Rental Housing Association. The Senate Appropriations Committee will hear Assembly Bill 1482 Friday and decide whether or not to move it out of suspense file status for the rest of 2019. They could kill the bill if they think it will cost the state too much. 1653
SAN DIEGO (KGTV)- Drugs and graffiti were just some of the problems filling parks around San Diego, with most of the activity happening during the night hours. A curfew has now been put in place for several parks.Community members and city leaders threw a party Friday morning to celebrate the change. Residents have been rallying for a curfew at City Heights Square Mini Park, which sits in the middle of an assisted living facility for seniors. Neighbors say before the curfew, they observed everything from gangs and drugs at the park. “We are this beautiful community,” says Delia Contreras. “We have kids, we have a lot of good things, but the drugs are no good.”Since the beginning of the year, 217 crimes have been reported within a 1,500 feet radius of the park. The crimes include assault, theft, and vandalism. “To me, San Diego is a paradise, and we need to clean up the whole town,” says Ronald Tieken. City Heights Square Mini Park will now have a nightly curfew from 9 pm to 5 am. There were other parks around the city with the same problems. Cedar Ridge Mini Park, Montclair Neighborhood Park, North Park Community Park and North Park Mini Park. These parks will now have a curfew of midnight to 6 a.m. “It took a lot of time because we didn’t want to take just one site, so we opened it up for other sites to bring their concerns in, and five parks were identified to go forward with it,” says Raul Contreras, with the city’s Parks and Recreation Department. City Heights Square Mini Park will also offer programs for all ages, like aerobics and arts and crafts. The events are free of charge. 1619
SAN DIEGO, Calif. (KGTV): Drug enforcement experts in San Diego are warning about a new, deadlier opioid on the streets - Carfentanil."You've got Fentanyl, which is 50 times stronger than heroin. And then Carfentanil, which is 100 times stronger than Fentanyl," explains DEA Special Agent in Charge Colin Ruane.Carfentanil was originally created to be used as a tranquilizer on large zoo animals, like elephants. The FDA initially restricted it's manufacture to just 28 grams per year in the US.According to FDA Spokesperson Lindsay Haake, "The sponsor of Wildnil, a form of Carfentanil, voluntarily relinquished the approval for this potent analog of Fentanyl in March 2018, as it hadn’t been marketed in at least five years, and because the sponsor wanted to avoid any potential public health effects associated with diversion of the drug if marketed in the future."It only takes .02 mg of Carfentanil to cause a deadly overdose in humans. That's about the same size as a couple grains of salt."The fact that it's as potent and deadly as it is, and we don't know when it's going to show up or where it's going to show up is of most concern," Ruane adds.There are currently two cases involving Carfentanil working their way through Federal Court in San Diego. In one, a dealer was caught with 1.77 grams of the drug. In another case, search warrants related to overdose deaths in 2017 led to 20 people charged on 3 separate indictments.So far, only 3 people in San Diego have died from Carfentanil, all in 2017. But the DEA is still sounding the alarm."It's extremely dangerous to the public and that's what we want to get out there," says Ruane.He says drug makers are mixing Carfentanil in counterfeit pills. The fact that just a small quantity will produce a major effect makes it more profitable. Drug manufacturers are including it in pills they try to pass off as Oxycontin or Xanax.Experts say taking a pill like that is the same as playing Russian Roulette."If you're at a pill party and people are distributing pills, you have no idea what's inside," says Assistant US Attorney Sherri Hobson. "Why would you take something when you have no idea what's inside?"Ruane says that most of the illegal pills are made in back rooms, bathrooms, warehouses or other labs with no quality control. That makes them more dangerous because there's no consistency between what's in each pill."You could have two people, they take the same kind of pill from the same batch, and one person is fine while the other one dies," he says.He says the safest thing to do is avoid any pills when you don't know their source."If you're not under treatment from a doctor and you haven't gotten the pill from a legitimate pharmacy, don't take it. You don't know what you're taking." 2773
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