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Coca-Cola said Friday that it would offer buyouts to 4,000 employees as part of corporate restructuring and said that layoffs could be coming in the future.According to a press release, the buyouts will be offered to employees in the U.S., Canada and Puerto Rico with a hire date "on or before" Sept. 1, 2017. The company said the "voluntary program" would reduce the number of layoffs.According to Coca-Cola's statement, the company's current operating model consists of "17 business units" that will be consolidated into "nine operating units."Following the announcement, Coca-Cola's stock price rose nearly a point in early trading, an increase of just under 2%.According to WSB-TV, Coca-Cola has more than 86,000 employees nationwide. The Associated Press reports that company revenue fell 28% in the second quarter due to the effects from the pandemic, but executives are confident in recovery. 907

Councilmember Georgette Gomez is calling for the San Diego City Council to officially oppose construction of President Trump's "Border Wall." But, she says her opposition has nothing to do with her feelings about the President, or about the need for immigration reform.Gomez told 10News she thinks a wall would hurt San Diego's economy and environment."As leaders of the 8th largest city in the nation, to be silent on the wall is a disgrace," she says.Gomez will host a protest and rally in front of City Hall Tuesday, to bring community advocates together. It starts at 1 pm in the Civic Center Plaza.After that, she will ask the full City Council to vote on a resolution opposing the wall."It's important for the city of San Diego to stand up and protect our back yard," she says. "We need to tell Washington DC that this is not what we want or believe."Gomez says money spent on the wall would be better served to improve infrastructure to make crossing easier, improving the flow of traffic and helping San Diego become an even bigger hub for international commerce. That, she says, could add billions to the local economy."We already see it with the Cross Border Express," she says, referring to the pedestrian bridge built to the Tijuana airport. It lets travelers get across the border without having to go through the San Ysidro Point of Entry.In addition, she says the construction to widen and stream-line the Port of Entry is a good start, but more needs to be done."We should be investing in our infrastructure, but creating a wall does the opposite of what we're trying to achieve," says Gomez.In addition, she thinks construction on the wall could hurt the environment around the Tijuana River."Right now, if you want to go to the border, you can't drive down there. You have to park your car and walk," she says. "But if they build a wall, you need heavy equipment. So that's going to be brought in by vehicles and heavy machinery. They'll have to drive through sensitive habitat."Gomez says recent construction on the fence that currently exists was given a waiver so it didn't need an envioronmental impact review. She fears the same things could happen again."Regardless of how I feel about the wall, every project should have an EIR done so we know what to expect and what we can prevent," she says.Gomez says members of the Sierra Club, the Human Resources Commission and the American Friends Service Committee will be at her rally Tuesday. 2469

CLAREMONT, Calif. -- A family wants the FBI to get involved after their son was stabbed to death in Mexico, according to KABC.Their son was in Mexico celebrating a friend’s birthday when he was killed, and now his family believes the Mexican government is trying to cover up the murder. Taylor Meyer left for Mexico for his friend’s 30th birthday.Photos show the 27-year-old having a good time with his friend’s in Playa Del Carmen. On Friday, his parents got a call informing them their youngest son had been murdered. They first thought it was a cruel hoax, but later discovered it was real.Kris and Krista Meyer say their son was stabbed to death and that a witness told police that three people carried out the attack, taking his wallet, shoes, watch and iPhone. The couple is now searching for answers and wants the FBI to investigate.They say that Mexican authorities are trying to cover up the murder so not to scare tourists away. Sunday, 200 of Meyer’s friends gathered at Hermosa Beach for a candlelight vigil to remember the fun, loving man who brought so many of them together. 1097

Citing deadlock in negotiations between the administration and congressional Democrats to create a second stimulus bill, President Trump signed four executive orders Saturday aimed at helping Americans struggling with the ongoing pandemic.Here is a look at what each one says and what next steps could be.Unemployment benefitsOne of the most highly-anticipated and most debated executive order is focused on increased weekly benefits for those claiming unemployment. President Trump’s executive order would make it 0 a week and require states to provide 25 percent of the funds.The CARES Act had added an additional 0 a week to what states offered in unemployment benefits. The funding came from the federal government for that added weekly benefit, and ended August 1.It's unclear whether states have the money or the will to fund the new plan. Connecticut Gov. Ned Lamont says it would cost his state alone 0 million to provide the extra benefit through the rest of 2020.He is one of several who have come out since Saturday’s announcement and expressed concern at states being able to afford to participate in the extra unemployment benefits.Many states are already facing budget crunches caused by the pandemic. Asked at a news conference how many governors had signed on to participate, Trump answered: “If they don’t, they don’t. That’s up to them.”By Sunday night, Trump clarified how the process could work, telling reporters states could apply to have the federal government provide all or part of the 0 payments. Decisions would be made state by state, he said.On CNN’s “State of the Nation” on Sunday, White House economic adviser Larry Kudlow said conflicting things about whether the federal money was contingent on an additional contribution from the states.Initially Kudlow said that “for an extra 0, we will lever it up. We will pay three-quarters, and the states will pay 25 percent.” In the same interview, though, he later said that “at a minimum, we will put in 300 bucks ... but I think all they (the states) have to do is put up an extra dollar, and we will be able to throw in the extra 0.”A clarifying statement from the White House said the “funds will be available for those who qualify by, among other things, receiving 0/week of existing assistance and certify that they have lost their jobs due to COVID-19.”Evictions moratoriumThe previous moratorium, which was part of Congress-approved aid earlier this year, ended at the end of July, leaving an estimated 12 million households potentially at risk that were protected. Some states have taken action on their own to extend the moratorium, but not all.The original ban on evictions applied to mortgages that were backed by federal funds. By some estimates, this only covered about a fourth of the country’s rental units. The majority of units have private mortgages or owners and were not covered by the ban.The new executive order signed Saturday states "the Secretary of Health and Human Services and the Director of the CDC shall consider whether any measures temporarily halting residential evictions of any tenants for failure to pay rent are reasonably necessary to prevent the further spread of COVID-19."The president’s plan calls on the Housing and Urban Development and Treasury secretaries to identify any available federal funds to “provide temporary financial assistance to renters and homeowners" who are "struggling" to pay mortgages and rents.On Sunday, White House economic advisor Larry Kudlow said the order will put a complete stop to evictions.“The health secretary has the authority, working with the CDC to declare it an emergency. And, therefore, there will be no evictions,” Kudlow said in an interview with CNN. He reaffirmed that if Health and Human Services declares an emergency, evictions will be stopped.Kudlow added that the executive order sets up “a process. A mechanism. I can't predict the future all together. All the federally financed, single families and multifamilies will be covered as they have been.”There has been no update yet on how long this process could take to identify available funds, and how much assistance the administration could provide.Payroll taxesTrump’s executive order on payroll taxes is a postponement of the collected taxes until the end of the year, and defers the due date for the portion of taxes paid by employees. Federal payroll taxes are roughly 6.2 percent for Social Security and 1.45 percent for Medicare.The deferment would only apply to employees making less than roughly 0,000 a year.Think of it like the deferring of federal income taxes, American still had to file and pay their taxes but they weren’t due until July 15.The payroll taxes would still be due at the end of the year, and companies control whether the taxes are withheld from paychecks or not. There is no word yet if companies will continue to collect the payroll taxes from paychecks in order to pay at the end of the year.President Trump during Saturday’s press conference on the executive orders said if he was elected president he would work to forgive the levy and make cuts to payroll taxes. However, many are clarifying that the power to change tax laws lies with Congress and not with the president.Student loansThe fourth executive order directs the Education Department to extend the student loan relief until the end of the year.Loan payments and the accruing of interest on federally-held students loans is on hold right now until September 30. The executive order would move that date until December, and potentially longer. Trump eluded to possibly extending the deadline out further.Trump originally waived student loan interest by executive order in March, and the policy was clarified to include pausing loan payments and included in the CARES Act passed by Congress. 5841

Conventions may at times seem like it's all about the confetti and speeches, but what Joe Biden and Kamala Harris want more than anything after this Democratic Convention is what's known as a "post-convention bounce." The phrase describes an increase in support in the polls immediately following a convention HISTORIC BOUNCESSince 1968, presidential campaigns have, on average, received a 5 percent increase in the polls following their conventions. Since 2004, convention bounces have been getting smaller, with the average being around 2 percent. WHY BIDEN MIGHT NOT GET A BIG BOUNCE"People have had a bit more time to evaluate the candidates already (and) maybe opinions are a little more locked," Professor Thomas Holbrook of the University of Wisconsin-Milwaukee said, commenting on the fact bounces have been tougher and tougher to get. Apart from recent history working against the Biden campaign, television ratings are down compared to four years ago. "There could be fewer persuadable voters," Holbrook added. There is also the fact President Donald Trump has his convention next week. WHAT THE CAMPAIGNS THINKBiden advisers aren't as concerned with the lower television ratings, saying more Americans are live streaming the convention on their laptops and cellphones than ever before. 1306