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OCEANSIDE, Calif. (KGTV) - Trains passing through southern Orange County were delayed Monday night causing headaches for thousands of travelers.According to Amtrak, a train became stalled on the track between Oceanside and San Clemente “due to mechanical issues.”The Metrolink Twitter account said train 609 that was disabled.The Pacific Surfliner Twitter account said train 583 was also having mechanical issues. The delays resulted in the cancellation of train 590.Metrolink wrote on Twitter that they canceled OC Line 603 to LA Union Station Tuesday morning because of the issues with train 609.Metrolink offered busses from Laguna Niguel down to Oceanside, but one traveler who was stranded at the San Juan Capistrano station told 10News that Amtrak did not offer any busses to complete the trip. Though, passengers said they were offered refunds for their tickets. 877
On the Walton farm near Iowa City, Iowa, this year’s soybean crop is as good as it gets. But out here, most days are not easy, but Dave Walton finds the good in most days. That optimism could be why the Walton family has been on the farm so long.Walton is a sixth-generation soybean farmer in Iowa."I've got two sons that would like to farm, too,” says Walton.Walton says, perhaps more now than ever, there’s much anxiety about the future."We were already looking at lower profits, and this tariff issue has made it even worse."Of the 900 acres on the Walton's farm, 300 acres are for soybeans."We sell most of our soybeans to a river terminal," says Walton.The soybeans are then loaded onto a barge on the Mississippi, shipped down river and eventually arrive in China, where a growing middle class has an insatiable appetite for all things soy. "They use it mainly for animal feed, and also, they crush the oil out of it and use it for cooking," says Walton.Soybeans are by far the number one food and beverage export of the United States, bringing in billion a year.So, when the White House announced 25 percent tariffs on some Chinese imports, China struck back, placing a 25 percent tariff on U.S. grown soybeans in retaliation."Using soybeans as a negotiating tool is something the Chinese understood,” says Walton. “They knew that that's one of our largest exports, so it made sense for them to target soybeans."As a result of that, and other instabilities in the market, the price of soybeans has tumbled.“It's not fun to be a pawn in this," expresses Walton.It's not just exports like soybeans feeling the pain of the tariffs. Just across the river from Iowa in Moline, Illinois is home to John Deere.The farming equipment maker says if tariffs on steel imports cost more to make its iconic green and yellow machinery, it'll charge more.John Deere says it's determined to protect profits, which topped billion in the second quarter alone this year. It is cranking out equipment at a dizzying pace, with sales up 34 percent over last year.Those rising equipment costs also hit farmers.Walton says he doesn’t blame the president alone.“There's a bunch of moving pieces in trade."There was already somewhat of a restriction for U.S. beans going into China." Walton is now working other world markets to find a solution. He just returned from Europe, where there's a growing demand for soy as well."I would say my mindset has always been outside my own farm gate," Walton says. 2512
Oprah Winfrey first bought Weight Watchers stock in October 2015 for .5 million. Her investment is now worth more than 0 million.Not too shabby, huh? Winfrey's decision to invest in Weight Watchers nearly two and a half years ago has turned out to be a great move for her — and anyone else who bought the stock when Winfrey did and has been along for the ride ever since.Weight Watchers has pretty consistently reported earnings and sales that topped forecasts over the past few quarters, as well as big gains in subscribers. Weight Watchers did so again late Thursday, and the stock surged 5% on Friday as a result.Winfrey, who is also on the company's board and is featured in Weight Watchers ads, clearly deserves some credit for that.Weight Watchers has also benefited from its new Freestyle program, which expands the company's famous "zero points" offerings beyond fruits and vegetables to eggs, beans, chicken and seafood.CEO Mindy Grossman, who took over the top spot at Weight Watchers last year after a long stint as the head of retailer HSN, is also doing a great job convincing people that it's not just about counting calories, points and pounds.Grossman told analysts on a conference call in late February that "healthy is the new skinny," and she made a similar point after Thursday's earnings report."Our purpose is to inspire healthy habits for real life for people, families, communities, the world," Grossman said. She added that "we want to own the healthy kitchen" and "make healthy cooking accessible to everyone."That strategy is clearly working. The company has attracted more men lately because of the new Freestyle offering. Actor and writer Kevin Smith, celebrity chef Eric Greenspan and music mogul DJ Khaled are all endorsing Weight Watchers.But as the stock price of Weight Watchers has climbed, Winfrey has actually taken some of her Weight Watchers chips off the table recently.She still owns nearly 5.5 million shares. But she sold about 2 million in March at prices ranging from about to a share. She made 0 million in the process.Winfrey also donated more than 360,000 shares to her charitable organization.Investors aren't worried about the stock sales, though. Weight Watchers shares were trading around Friday and are up an astonishing 70% this year. Winfrey invested in the stock when it was trading for less than .If this whole media mogul/actress thing doesn't work out for Winfrey, it looks like she could be a top notch hedge fund manager or venture capitalist. 2541
ORLANDO, Fla. (AP) — The CEO of SeaWorld Entertainment stepped down Monday, just months into his tenure leading the theme park company.Gustavo "Gus" Antorcha resigned from his job as the top executive at SeaWorld as well as his position on the company's board of directors."While I may have a difference of approach, I continue to believe in SeaWorld's strategy, mission, team and prospects," Antorcha said in a statement provided by the Orlando, Florida-based company.Before taking over the helm of SeaWorld in February, Antorcha was a top executive at Carnival Cruise Lines. He succeeded Joel Manby, who unexpectedly departed in 2018 after beginning SeaWorld's pivot away from live animal shows following years of protests and declining attendance.SeaWorld announced the end of its breeding program in March 2016, after years of pressure from animal rights advocates and shifting public opinion about orcas being held in captivity. The protests intensified after the release of the 2013 documentary "Blackfish," which focused on the life of Tilikum, a killer whale responsible for killing trainer Dawn Brancheau when he dragged her into a pool in front of shocked visitors in 2010.The company in the past year, though, has seen a reversal of fortune. Attendance was up 8.6 percent during the 2018 fiscal year, as was revenue. For the first half of this year, attendance was up 1.7 percent."The strategy we have in place is working, and we have made significant progress," said Scott Ross, the chairman of SeaWorld's board of directors. "We look forward to continuing to execute on this strategy and driving a meaningful increase in value for all stakeholders."The company operates 12 theme parks under the SeaWorld, Busch Gardens and Sesame Place brands in California, Florida, Pennsylvania, Texas and Virginia.SeaWorld Chief Financial Officer Marc Swanson was named interim CEO while an executive search firm looks for a permanent successor. Swanson has been with SeaWorld for 19 years.The company's chief accounting officer, Elizabeth Castro Gulacsy, will serve as interim chief financial officer, company officials said. 2133
On behalf of Anthony Bourdain.I thought that he would have probably done so if he was still around. I wish you and LeChef the best and hope things can be put back together soon. https://t.co/VHYCJujJ6y— Russell Crowe (@russellcrowe) August 13, 2020 256