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SAN DIEGO (KGTV) - Ballast Point has introduced its way of giving back to the San Diego community after 20 years in business.Ballast Point is releasing "Made in San Diego," a new beer which will benefit the San Diego Regional Economic Development Corporation. The brewery will donate 50 cents for every case of the beer sold to the EDC Foundation Entrepreneurship Fund.Leaders from the city and Ballast Point officially tapped the beer at Wednesday's San Diego Padres game at Petco Park.RELATED: San Diego-based Ballast Point to become Disneyland's first on-site brewery"As a brewery that has called San Diego home for over two decades, we couldn’t be more excited about this announcement," Marty Birkel, president of Ballast Point Brewing Company, said. "This community has embraced us from a small home brew supply shop to a globally distributed brewery, and we want to honor our hometown supporters while empowering other local business owners to pursue their passion – just like Ballast Point did."The beer is expected to generate about ,000 a year for the EDC program for small businesses. The EDC says Ballast Point itself had 7 million of total economic activity in the region last year alone.So what does "Made in San Diego" taste like?RELATED: "Brewchive" preserves?history?of San Diego craft brewing industryBallast Point describes the brew as a golden ale with toasted bread aroma and flavor from Munich malt. There's also a soft bitterness from Cascade and Mosaic hops and the beer's can features many of San Diego's unique cities.Ballast Point will offer the beer on draft in San Diego County later in April and available in six-pack 12 oz. cans around the county at the end of May. 1754
SAN DIEGO (KGTV) - Charles Schwab is the latest large investment firm to offer fractional stocks as a way to get more people to invest.The move puts more high-dollar, blue chip stocks within reach for younger customers."It's a big win to consumers in general," says Steven Fox, the owner of Next Gen Financial Planning. "That's particularly helpful for younger investors because they typically tend to have smaller accounts."A recent report says that 66% of millennials say they're afraid of the stock market. Fox thinks it's because that generation watched their parents go through multiple downturns and were turned off by its volatility.But, Fox says fractional stocks, and other new ideas from large companies are enticing more people to invest. He says many firms are starting to offer perks like zero-commission trades, fractional stocks, and on-line based accounts to help people save money and invest more."It may only be 1%, but for a lot of people over a long period of time, as you account grows more and more, that 1% can mean a difference of tens or hundreds of thousands of dollars that you would have available to pull out later in life."Fox says it also helps people keep a more diverse portfolio. He says this is the start of a shift to more direct indexing, where investors will be able to use fractional stocks to create their own groups of investments, rather than buying pre-set mutual funds or indexes."You're gonna see more technology come out that makes it easy to do direct indexing and consumers are going to see more and more options here," says Fox. 1585
SAN DIEGO (KGTV) — Between Thanksgiving Day, Black Friday, and Cyber Monday, there are plenty of opportunities for shoppers to complete their gift-giving list.But Small Business Saturday offers shoppers that, plus the opportunity to make sure their dollar stays has a local impact.The shopping event helps local San Diego retailers every year, bringing support for independent business owners outside of the mad rush at national chains throughout the season. Some local spots go a step further by hosting street fairs and festivals to support local artisans and businesses.RELATED: Study: San Diegans worried about holiday spendingHolidays 2019 shipping deadlinesSan Diego holiday tree lightings to catch this seasonThe event's roots go back to 2010, when American Express created the event to support small businesses. An average of 67 cents for every dollar spent stays in the community, according to the company.This year, San Diegans can spread their dollars across their communities at their favorite mom-and-pop stores and special events.Adams Avenue Spirit Stroll: Adams Avenue is celebrating Small Business Saturday with holiday-themed cocktails and treats at more than 20 small businesses, including Back from Tomboctou, Cotton & Flax, Home Start Thrift Boutique, U Save Smoke Shop, Zac’s Attic, and more. Talented Adams Ave. bartenders will whip up delicious sips to accompany shoppers.Little Italy Small Business Saturday: Shops, boutiques, art galleries, and more will be open throughout Saturday with special deals and discounts for Small Business Saturday.Oceanside Merry Makers Fair: Oceanside's free holiday pop-up event brings together local makers, live music, and delicious drink tastings at Merry Makers Fair. The two-day event is an extended version of Small Business Saturday, offering plenty for shoppers to peruse from local artisans.North Park Small Business Saturday: North Park's Small Business Saturday extends throughout the entire month of November, with a scavenger hunt offering shoppers the chance to win 0. Shoppers will be given clues as they support local businesses.Ocean Beach Small Business Saturday: OB shops will celebrate Small Business Saturday with several giveaways and photos in front of a holiday postcard for shoppers. Those who spend at local merchants can grab a gift card for free, and a complimentary trolley will help shoppers around the neighborhood.Chula Vista Small Business Saturday: Shoppers can celebrate Small Business Saturday and support local businesses across Chula Vista's Third Avenue stores and eateries. Find everything on your holiday shopping list, grab a bite to eat, or enjoy a day at a South Bay brewery.Liberty Station Small Business Saturday: Liberty Station vendors and restaurants will offer shoppers locally-made gifts and delicious eats on Small Business Saturday. Participating vendors like Shop Mingei, Moniker General, and Apricot Yarn & Supply have unique gifts sure to please those on your shopping list. 3015
SAN DIEGO (KGTV) - Campaign committees supporting both Todd Gloria and Barbary Bry have raised more than million so far this election season, pouring money into TV ads and mail fliers.City law limits how much individuals and businesses can contribute directly to a campaign. But rules for campaign committees are more lenient, letting people, corporations, Political Action Committees, and other groups donate tens or even hundreds of thousands of dollars."For better or for worse, the way the electoral system is designed, you need money to run a campaign," says San Diego State University Political Science Lecturer Stephen Goggin."It's important to note where this money is coming from," Goggin says. "Not only is it just about money in terms of voting, but it gives you a clue about who's doing the endorsing and who's backed by a particular interest group."In the 2020 race for San Diego mayor, five campaign committees have formed to support Assemblyman Todd Gloria. Combined, they have raised .7 million.Councilwoman Barbara Bry, meanwhile, has just one campaign committee raising money to support her. It has brought in around 3,000.Bry says that shows she will not be indebted to special interest groups if she's elected."The special interests in this town are afraid of an independent woman who has made it clear that she's going to demand accountability and transparency at City Hall," Bry told ABC 10News."I think this kind of spending is very harmful to our democratic system. And in this election, you know voters should understand exactly the enormous amount of money that special interests are putting into Todd Gloria's campaign," she says.An ABC 10News In-Depth look into the funding shows that Campaign Committees supporting Gloria have gotten the most money from labor groups. The Municipal Employees Association is the largest donor, giving 0,000 to a Committee called "Neighbors for Housing Solutions Supporting Todd Gloria for San Diego Mayor 2020." Other labor groups have given more than 0,000 altogether.Gloria has also received around 0,000 from various short-term vacation rental companies like Airbnb, Seabreeze Vacation Rentals, and Share San Diego. The San Diego Chamber of Commerce also donated more than 0,000 to committees supporting Gloria.He told ABC 10News the large, diverse group of people and entities donating to committees on his behalf shows that he can build coalitions to lead. Gloria added his track record of more than a decade in public office shows large donors won't control him."I've always had an open door and a willingness to talk to anybody and to try and understand what they're dealing with and what an appropriate solution would be," Gloria says. "Some of the folks supporting my mayoral campaign have opposed me in the past, recognizing that I don't always vote with them, and we're not always in agreement. From where I sit, that's not a bad thing."The campaign committee supporting Bry got the largest donation from the Infrastructure PAC of the Associates General Contractors. They gave ,000. ACE Parking and its owner, Scott Jones, gave ,000. The rest comes primarily from individual donors.Goggin says looking at lists of donors can help voters decide who to support. By law, every donation is public record and available online. But it takes work to sift through the information."In local races, people have to figure out who these people are on their own," he says.However, because the campaign committees have to remain independent from the candidates, the people they support have no influence on what kind of messages they put out in ads. That can lead to controversy if a campaign committee runs negative ads or misconstrues the truth."Many candidates have lost the ability to control the message of their campaigns," Goggin says. "It often leads to the fact that many of these kind of elections can hinge on whatever these groups decide to spend their money on, and whatever messages are backed by that money."Both Gloria and Bry lamented the role outside money plays in politics and told ABC 10News they support more transparency in elections.To see a full list of the donations going to the campaign committees for the San Diego mayor's race, click here.To search for campaign finance disclosure forms for other races across the state of California, click here. 4368
SAN DIEGO (KGTV) - California State Assemblyman Todd Gloria emerged as the early leader in the primary contest for San Diego mayor, however half of likely voters were undecided, according to an exclusive 10News/Union-Tribune poll released Friday. With six months until the statewide primary on Super Tuesday 2020, Survey USA research indicated Gloria was the leading Democrat with 31 percent support, followed by San Diego City Council member Barbara Bry with 15 percent, and community activist Tasha Williamson with 8 percent. 536