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Customers are still sitting down for a cold beer at Joyride Brewing in Edgewater, Colorado.“We always talk about stopping and smelling the hops. It’s all about the joy ride of life,” said Grant Babb, the owner of Joyride Brewing.That’s despite new state rules that state bars must serve food to stay open, and Joyride doesn't serve food.“It makes you lose a little sleep at night, not knowing every day when you wake up if you have to do something different. It’s trying to shoot at a bullseye and just watching it constantly move,” said Babb.Babb had to make arrangements with multiple food trucks and the restaurant down the street to stay open. That’s because the recent spike in COVID-19 cases has led the state to put its economic restart plans on hold.“In our case, we schedule out food trucks about a month and a half in advance, and we’re working with only the food trucks we’re trusted partners with,” said Babb.Colorado isn’t the only state backtracking due to the surge. According to a tracker from the New York Times, 15 states are pausing plans to reopen and six are reversing course and shutting some things back down.Arizona is one of those states where bars, gyms, and theaters have been ordered closed once again. Restaurants there fear the same might happen to them soon if new COVID-19 cases aren’t curbed.“You can’t simply turn off and turn on a restaurant operation,” said Steve Churci, the head of the Arizona Restaurant Association. He says the toll of shutting down those businesses for a second time would be crushing.“If you were to shut down, what happens to the suicide rate? Does that go up? What happens to the homelessness rate, people losing their homes? So, there’s a whole other sad and unfortunate contingent that would be impacted by this,” said Churci.Churci says service industry workers employ almost a quarter-million people and the state has lost 5 million in revenue from food sales. He says in a normal year, US restaurants sell 0 billion worth of food.“Almost a trillion-dollar industry. So, we often say we’re the cornerstone of our communities. We’re the heart and soul of America in the restaurant industry, and we are,” said Churci. For Joyride, the losses have been heavy as well.“We, we’re down 80 percent in the month of March, April, May. And then June, we’re still seeing a significant decrease, we’re down definitely 40 percent,” said Babb. For Babb, the money hurt, but letting his staff go was harder.“It’s the most painful thing you can do is tell an employee that we don’t have any work for you,” he said.He says it will hurt even more if he has to send his staff home again. 2647
Corporate America is coming to Wall Street's rescue.The Dow soared?548 points, or 2.2%, on Tuesday as investors cheered fat profits from major companies and relative calm in the bond market. The huge rally, the Dow's best day since March, helped the index recover a chunk of last week's hefty losses.Tech stocks, the biggest losers during the market turmoil, raced back to life. The Nasdaq spiked nearly 3%, while the S&P 500 advanced 2.2%.Investors piled back into tech darlings. Amazon, Facebook and Netflix closed sharply higher."It's a bounce back after an overdone situation last week," said David Joy, chief market strategist at Ameriprise Financial.Market sentiment was lifted by earnings beats from Goldman Sachs, Morgan Stanley and Johnson & Johnson. Adobe and UnitedHealth added to the good news by offering upbeat guidance for 2019.Taken together, the corporate report cards underscore the ability of businesses to cash in on the strong US economy. And the results should ease fears about the US-China trade war."We're focusing back on fundamentals," said Dan Suzuki, portfolio strategist at Richard Bernstein Advisors. Suzuki called Tuesday's rally a "reflexive rebound."Last week, the Dow, S&P 500 and Nasdaq all suffered their worst week since March. At one point, the Dow plummeted more than 1,000 points in just two trading days.Despite Tuesday's advance, all three major indexes remain firmly in the red for the month.One major source of investor nervousness has improved: bond yields. A sudden spike in 10-year Treasury rates above 3.25% spooked markets. The rapid climb in rates was driven by the strong economy, the surging federal deficit?and concerns about a more aggressive Federal Reserve.Investors feared higher borrowing costs that could slow growth and sudden competition for the stock market from boring bonds.But Treasury rates, which move in the opposite direction of prices, eased late last week as investors poured cash into the safety of government bonds. Rates have stabilized at around 3.15%, relieving stock market bulls."That has reassured people that this is not the start of something much worse that could really sidetrack the market," said Bruce McCain, chief investment strategist at Key Private Bank. 2288
CORONADO, Calif. (KGTV) -- The Coronado Unified School District is mourning the loss of one of their most popular crossing guards. Bruce Campbell, or Mr. Bruce as the kids knew him, passed away on Monday. According to his brother, Bruce was at work Monday when he collapsed and had to be rushed to the hospital. Campbell went into cardiac arrest and passed away on his way to the hospital. Students and parents set up a memorial on the corner of Sixth and F Street, where he worked every day for the last several years. His brother tells 10News he died doing the job he loved most. In a statement, the district told the Coronado Times that school counselors will be working with students as needed. Bruce Campbell was 68 years old. 770
COLORADO SPRINGS, Colo. – You’ve probably heard of a police ride-a-long, but we guarantee you haven’t seen one like this.A police officer in Colorado Springs was on his way to a car crash Thursday night when, out of nowhere, a raccoon jumped onto the windshield of his patrol car.In a post on Facebook, police said the officer was “pawsitively surprised” to see the animal on his windshield.The officer pulled the car over and the raccoon jumped off and went on its way. 478
CORONADO, Calif. (KGTV) -- A driver was detained late Tuesday evening after military officials said he tried to enter Naval Base Coronado property without authorization.The incident occurred at around 10:15 p.m. at the Stockdale Boulevard gate at Naval Air Station North Island, near Third Street and Alameda Boulevard.Kevin Dixon, with Naval Base Coronado Public Affairs, said a vehicle tried to enter the base but was stopped by barriers.Dixon confirmed the driver was detained, but no other information on the incident was released.The investigation forced the closure of the gate for several hours.There were no reported injuries to any military personnel. 668