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CORONADO - San Diego residents and visitors say they are feeling the psychological impacts of the falling stock market when it comes to their investing and spending. The Dow Jones Industrial Average dropped more than 650 points on Monday, its worst Christmas Eve performance ever. "My IRA is hurting," said James Adams, going to lunch in Coronado. "I can't really do too much. It's too late to move money around now so we just have to weather it and hope it goes back up."The Dow has dropped 15 percent in the last three weeks, pushed by political gridlock leading to a government shutdown, trade wars, amid rising interest rates. Alan Gin, an economist at the University of San Diego, said people tend to spend more when the stock market is doing well because they feel wealthier. However, the opposite happens when the market is on the downswing. Paul Aliu, visiting from Washington D.C., said it's scary for him to check his 401(k). He said he was reconsidering a trip to the Zoo after he found out the ticket was more than . "I'm watching every dollar and every penny that I spend," he said.Dennis Brewster, a San Diego financial adviser, said it's important to think long term and not panic. Selling now locks in any losses. "It's hard to keep your perspective when we're in the middle of these declines," he said. "I encourage people to keep a longer term view." 1379
CORONADO, Calif. (KGTV) -- Lifeguards in Coronado are on alert after spotting at least two juvenile white sharks Wednesday and Thursday. According to lifeguards, the sharks were at least a quarter to half a mile off the coast and didn’t appear to be engaging swimmers or showing signs of aggression. “Under existing protocol, the City was not required to close the beach or publicly report the sightings,” said City Manager Blair King. RELATED: 10 to 15 people stung by stingrays in Coronado“However, the City feels it’s important for the community to know that it takes these types of sightings seriously and is carefully monitoring the waters off Coronado. We also are working with Chris Lowe at the Shark Lab to find out more about the separate sightings and what might be going on.”Around 4 p.m. Thursday, a San Diego Fire-Rescue helicopter was called in and confirmed at least two four to five foot-long white sharks off the coast. The city says a lifeguard followed the sharks as they made their way to Point Loma. The city plans to try to tag or take DNA from the sharks over the weekend. According to city officials, it’s not uncommon to see juvenile white sharks offshore. “The shark population is rising and sightings are becoming more commonplace,” the city said in a news release. 1301
CORONADO, Calif. (KGTV) -- World War II veteran Tom Rice has a lot of war stories. “All that we did was new and experimental because we had experimental and brand new equipment that we weren’t supposed to tell anyone about,” said Rice.Rice grew up on Coronado. He joined the 101st Airborne Division as a paratrooper in 1941 after graduating high school.“I’d never been in a plane. I’d hardly ever seen any planes because I always lived right here.”After training in Georgia, Rice parachuted into Normandy on D-Day. “I’m in the door looking out straight and I could just see all the fireworks coming up. It was, it felt like a Fourth of July thing. When I stepped out, the prop blast hit me. So I’m hanging on the outside and the rest of the guys are going underneath me.”Rice landed safely even though a bullet struck his parachute. “I was black and blue for about three weeks.” He went on to win several Purple Hearts and France’s Legion of Honor.Despite being 97-years-old, Rice still parachutes out of an airplane every year on the anniversary of D-Day to pay tribute to his fellow paratroopers. “I’ll keep jumping until I’m 100.”In honor of his courage, Rice will be the Grand Marshal of Sunday’s Mother Goose Parade, the same parade he enjoyed with his children decades ago.“There’s going to be an awful lot of people there. It’s going to be something.”The parade is in it’s 72nd year. It begins Sunday, November 18, at 1 p.m. The route travels along Main Street from El Cajon Boulevard to 1st Street. 1514
CORONADO (KGTV): Five trees at Coronado's Spreckels Park may need to be cut down before they fall down.The trees, all of them Sugar Gum Eucalyptus, are either at "High" or "Moderate" risk of failure, according to an arborist's report presented to the City Council last week.One tree, the one deemed the highest risk, is already scheduled for demolition. That will happen Tuesday, starting at 6 am. That tree is in the Northeast corner of the park.The other four will be monitored, including two trees with branches that hang over the children's playground.The city hired West Coast Arborist to study all 95 trees in the park after a pine tree collapsed in September.City Code gives the Department of Public Services the authority to decide which trees should or should not be cut down. According to the rules, trees will be removed if they present, "a condition that is hazardous, are in declining or poor health and the condition cannot be corrected by pruning or any other means."Since 2010, the city has removed nine trees from the park. Five other trees have either fallen or had branches fall off. 1115
COLUMBUS, Ohio (AP) — Authorities in Columbus, Ohio, have released police body camera footage showing the moments early Tuesday when an officer on a nonemergency call fatally shot a Black man who was holding a cellphone as he emerged from a garage.Warning: the video in this story is graphic in nature and contains scenes that some may find disturbing.The video released Wednesday shows the Columbus officer approaching an open garage and the man walking along a car out of the garage.The man, identified as Andre' Maurice Hill, is holding up the phone in his left hand.The officer fires and Hill drops to the ground.The officer is then heard yelling at Hill to move his hands to the side and to roll over.The officer, Adam Coy, and a female officer responded to a call from the neighborhood that reported a vehicle running in the street on and off for an extended period of time, according to the Columbus Dispatch.The officers did not have their body cameras turned on at the time of the shooting, however the Columbus Dispatch reports the cameras have a 60-second "look back" feature that captures 60-seconds of video, no audio, before a camera is turned on. The video released Thursday indicates the officer turned on the body camera immediately after the shooting.Columbus police confirm Coy has been relieved of duty as of Tuesday afternoon. 1356