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SAN DIEGO (KGTV) - President Donald Trump issued an order prohibiting Broadcom’s attempt to take over San Diego-based Qualcomm, CNBC and Bloomberg reported Monday.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. The possible takeover raised security concerns and led to an investigation by the Committee on Foreign Investment in the U.S.The takeover attempts coincided with changes in corporate leadership.On 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."If Broadcom had been allowed to buy Qualcomm, it would have made the Singapore-based 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. 1042
SAN DIEGO (KGTV) — North Park residents will celebrate this holiday season with an annual tradition intact — at least for one more year.For 56 years, the Toyland Parade has delighted crowds in North Park during the holiday season. But much like a parade balloon, financial troubles have loomed over organizers.Last year, the parade was briefly canceled after former-host Victoria House Corporation said it had lost support from sponsors. Then in March 2019, the community learned that a Victoria House Corporation organizer was accused of fraud and pocketing 2018 parade donations and fees after the cancellation.RELATED:North park donut shop defends homeless manSan Diego deputies share tips to protect your presents10 special holiday events coming to San DiegoNorth Park Main Street (NPMS), a volunteer-based non-profit, pledged ,000 to the parade. That donation and monetary support from the community helped 2018's parade continue as planned. NPMS has since taken the parade over, as well.But the parade is once again in trouble. Angela Landsberg, executive director with North Park Main Street, says support from the local Lions Club has saved 2019's parade, but 2020 is a different story."Our presenting sponsor North Park Lions Club have ensured that it's going to go off this year, but if we don't raise enough money this year to get us carried through our planning for next year, because these things take a long time to plan, then this will be the final year," Landsberg told 10News. The organization is asking for the community to once again step in to make sure the parade steps off on University Avenue next year. Donations are being accepted on the NPMS website here.The Toyland Parade will start at 11 a.m. on Sunday, Dec. 8, rain or shine. 1766
SAN DIEGO (KGTV) - Most above-ground power lines in San Diego may soon be gone.The City of San Diego has an aggressive plan to move the lines underground, and they want your input at a meeting next week.People in Ocean Beach aren’t looking forward to the headache during construction, but can’t wait until the power poles are gone.Wayne Samuel works at Ozzie's Import Auto in Ocean Beach. The process to move utility wires outside his business underground has already begun.“So far they’ve taken underground connections from building to power grid,” said Samuel.A map of the plan shows there are 1,000 miles left to transfer underground. The city plans to bury 15 miles a year.The project will be funded by a surcharge on your SDG&E power bill that you’ve been paying since 2002. The city says you won’t see an increase in your bill, even though the price tag is in the billions.The reason for going underground? Fire safety and aesthetics.“I think it’s a good idea getting billboards and power lines out of the visible view of the public,” Samuel said.Arthur Harral has lived in Ocean Beach for more than 40 years. He’s dealt with the pre-construction and paid for the surcharges, but doesn’t mind.“It’s a wonderful deal. In some states across the country, in Colorado, they have them underground, and I’m all for it in San Diego,” said Harral.Construction will last 18 to 36 months. Once the new underground utility lines are in place, the city will install curb ramps, replace street trees, and repair damaged pavement.A public meeting about the plans will take place downtown next Tuesday at 5:30 in the Auditorium at the San Diego Public Utilities Department located at 9192 Topaz Way. 1707
SAN DIEGO (KGTV) - On Wednesday, emotional testimony was read in a downtown courtroom by the husband and wife who were brutally attacked in an economy parking lot outside of the San Diego International Airport. The testimony was read during the sentencing hearing for Alberto Jauregui, who pleaded guilty to attempted murder. Jauregui appeared to show no remorse. He smirked and smiled at the couple and at our camera. It was last October when police say Jauregui came up to Donna Kashani and husband Robert Bobbett in the parking lot. He reportedly grabbed Kashani by her neck and demanded the keys to their SUV. “You put me in a headlock with a 10-inch knife to my neck and you were dragging me into our SUV and demanding that I get in with you,” Kashani told him and the courtroom. In a heroic move, Bobbett threw himself in front of her and charged at Jauregui. “As I rushed toward you, I truly believed I was going to die in this struggle,” Bobbett told Jauregui and the courtroom. He added, “You stabbed me in the chest nearly hitting my heart. All the while [you were] screaming ‘Die, die, die!’” Bobbett was stabbed six times and nearly died. Jauregui was caught days later. During Wednesday’s sentencing hearing, he told the courtroom, “You guys have made a big mistake by not giving me help. Instead of giving me help, you want to punish me.” He’ll spend the next 13 years in state prison. 1456
SAN DIEGO (KGTV) — One of the joys of Christmas is waking up to a stocking filled with gifts. As a child, it's part of the wonder and magic of Santa.Even as we grow up, many people keep the tradition alive, simply because a Christmas stocking touches the child in all of us.And it's from that attachment, that an act of kindness was born.As a teenager, Jane Wesley Brooks began filling Christmas stockings for the homeless, and delivering them to those on the streets each Christmas Eve.Over 40 years, she has passed out thousands of stockings filled with caps, mittens, socks, shampoos, magazines, and even playing cards. Any small item that is new, clean and useful for those without a home.We surprised Jane with 10News Leadership Award.She accepts any appropriate new item at her law office all year long. Magazines are the only exception. They can be gently read prior to delivery.Here’s where you can donate:Jane Wesley Brooks, CFLSJWB Family Law1620 Fifth Avenue, Suite 600San Diego, CA 92101Phone: 619-234-6123 1026