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SAN DIEGO (KGTV) - President Trump issued an order Monday prohibiting Broadcom’s attempt to take over San Diego-based Qualcomm, citing national security.Broadcom had made several efforts to buy the chip maker in recent months. All offers were rejected by Qualcomm, which said the bids undervalued the company.The most recent offer, made in February, was over 1 billion. RELATED: Qualcomm delays shareholder vote on Broadcom takeoverThe possible takeover raised security concerns and led to an investigation by the Committee on Foreign Investment in the U.S. In Monday's release, President Trump reportedly cited national security concerns."There is credible evidence that leads me to believe that Broadcom Ltd. ... might take action that threatens to impair the national security of the United States," the president said in a release, Bloomberg reported.The concerns echo issues voiced in a letter to Trump by Congressman Duncan Hunter, who serves California's 50th District including much of San Diego's East County.RELATED: Paul Jacobs leaves Qualcomm's executive management"I have seen San Diego defense companies suffer massive theft of intellectual property by agents of China’s government and the defense industrial complex with which it is inextricably entwined," Hunter said in a release. "Fact remains, if Broadcom consumes Qualcomm, theft of their intellectual property by China becomes easier.Singapore-based Broadcom has voiced the intention to move its headquarters to the U.S. to ease concerns over the proposed takeover. Hunter responded to that intention saying, "press releases of intentions is not the same as physical action."The takeover attempts coincided with changes in corporate leadership.RELATED: Qualcomm rejects Broadcom's 'best and final' offerOn Friday, Qualcomm announced executive Paul Jacobs -- the son of Qualcomm founder Irwin Jacobs - "will no longer serve in an executive management capacity" but "will continue to serve on the Qualcomm Board."Under the terms of the Presidential Order, all of Broadcom’s director nominees are also disqualified from standing for election as directors of Qualcomm, according to the company.Qualcomm was also ordered to reconvene its 2018 Annual Meeting of Stockholders on the earliest possible date, which is March 23.If Broadcom had been allowed to buy Qualcomm, it would have made the firm the world’s third-largest chip company behind Intel and Samsung.Any buyout would also have had a significant impact on San Diego's economy. Qualcomm was founded in 1985 and is one of the region's largest employers. It employs more than 33,000 people worldwide. 2684

SAN DIEGO (KGTV) -- More than 24,000 people were left without power due to an unplanned outage in San Diego Tuesday afternoon. The power outage was reported around noon and affected 24,067 people throughout San Diego. As of 7 p.m., the San Diego Gas and Electric outage map showed 3,352 customers without power. Neighborhoods affected include: City Heights, Chollas Creek, Oak Park, Kensington, Talmadge, W State College, Rolando, E State College and La Mesa. RELATED: Homeowner saves thousands by making his house more energy efficientAccording to SDG&E, the outage was caused by a bird coming into contact with a substation near 54th Street and Chollas Parkway. San Diego Unified said several schools in the Rolando and College areas are without power. See the list below for a full list: Carver Elementary SchoolEuclid Elementary SchoolFay Elementary SchoolHardy Elementary SchoolIbarra Elementary SchoolMann MiddleCrawford High Iftin Charter Language Academy"All the kids had their phone flashlights out and were lighting in the teacher in the classroom so we could see each other as we talked," said SDSU student Sabrina Cole. SDG&E says they expect to have power restored by 8:30 p.m. San Diego State University originally canceled classes in certain buildings through 5 p.m., but has since canceled all classes for the remainder of the day. Click here for an updated list of outages. 1407

SAN DIEGO (KGTV) - On Friday, a group of San Diego teenagers got a lesson in what it takes to make it in San Diego. Junior Achievement of San Diego County hosted the Helix High class of seniors at their Finance Park. "These are all seniors getting ready to go into the real world, this is a program getting them real-world ready," said Valerie Hash, Capstone Manager for Junior Achievement. RELATED: Making it in San Diego: Millennials outpace Generation X in both total debt and long-term savingsWith the help of volunteers and technology, students gain the knowledge and skills to make smart financial decisions. In the four-hour crash course, students become adults for the day, complete with a salary, family, education, and debt. Once they have that information, they use their tablets to plan, budget, and save. "The number one thing I hear is kids are expensive! And I tell them, yes you are! So then they understand all the decisions their family has to make in order to make their life awesome and possible," said Hash. When taking out loans and making other purchases, students see real-world San Diego costs. RELATED: Making It in San Diego: Affording the cost of pet ownership"When we're working with students, national averages don't work. We're San Diego, California, we are extra! So we want to make sure students see that. Yes, you're going to make more money, things are going to be more expensive, how do you mitigate that? Because if you want to stay in San Diego, you should understand that," said Hash. Students were assigned various careers like psychologists, teachers, and dental assistants. They learn the importance of spending money wisely and recognizing a budget as a crucial tool.RELATED: Making It in San Diego: How to budget when you're on an inconsistent income"Number one is yes, kids are expensive, number two, yes, San Diego is expensive, but number three, it's all possible, it's doable. You can still live in San Diego, have a home, have a car, clothe your family, but you have to make other types of sacrifices," said Hash. Junior Achievement welcomes other schools to take part in the Finance Park. Some scholarships are available.Businesses and individuals can also sponsor a school to take part in the program. 2260

SAN DIEGO (KGTV) One day after a woman was hit and killed crossing El Cajon Boulevard, a local business group is demanding change. The 63-year-old woman was hit by an SUV while crossing El Cajon Boulevard near 46th Street in the Talmadge area Monday around 5 p.m. "We're devastated. Unfortunately, I actually get news like this almost every week," said Beryl Forman, Marketing and Mobility Coordinator of the El Cajon Boulevard Business Improvement Association.The woman who was killed was not in a crosswalk. Forman said a lack of crosswalks is just one of the problems. RELATED: Woman struck, killed by SUV while crossing Talmadge-area street"We have high speeds of traffic, there aren't enough crosswalks, and you're in the middle of dense urban neighborhoods with local businesses that people peruse on a regular basis." The association purchased a speed indicator sign that is now posted on El Cajon Boulevard near 50th Street. The group was planning to present the sign to the Mid-City Police Department during an event Tuesday evening, but is using the time to hold a vigil in memory of the woman who died.The office of San Diego City Council President Georgette Gomez issued the following statement regarding the group's concerns. "Investments in pedestrian safety have been a priority for me in every budget discussion since I first took office. I have requested resources for the Safe Routes to Schools program, the City's Vision Zero project, and the El Cajon Boulevard Complete Boulevard Plan. These plans include improvements that increase pedestrian safety such as crosswalks, bulb-outs, new sidewalks, and street lighting. The City is investing in these projects and has also been securing grant funds from state and federal sources.Earlier this year, the Mayor announced the completion of safety improvements at 15 of San Diego's most accident-prone intersections and secured funding for hundreds more. I fully supported these investments when they came before the Council during budget discussions and look forward to the work being completed."RELATED: Safety upgrades completed at San Diego's 15 most accident-prone intersectionsForman said progress has been slow. "Some efforts being made, but just not happening quick enough," said Forman. Get more information on Vision Zero here. 2310

SAN DIEGO (KGTV) -- Police are investigating a suspicious death after a body was found near the San Diego River Saturday night. According to San Diego Police, a man’s body was found on the 9400 block of Friars Road near SDCCU Stadium around 5:30 p.m. Saturday. Police say a preliminary investigation revealed signs of “possible trauma to the upper body.”“Out of an abundance of caution, San Diego Police Homicide detectives were called to the scene and are currently investigating the incident,” the department said. The man has been identified, but his identity isn’t being released until his family is notified. Anyone with information is asked to call police at 619-531-2293 or Crime Stoppers at 888-580-8477. 721

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