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NORTH PARK, Calif. (KGTV) - Peking Restaurant, a staple of the North Park food scene for 88 years, will close in March of 2019.The owners made the announcement on their Facebook page earlier this month, saying it was time to retire."I'm going on 75 years old," co-owner Ken Fong told 10News. "It's time to enjoy my last few years."The Facebook post says "This decision did not come lightly to us as Pekin is such a special place in our hearts and we love what we do and all of you. A majority of our incredible staff here have been with us 25-40 years... and are ready for the next chapter of retirement and new endeavors."Fong says it's not just the owners who want to retire, but cooks and servers as well.Since word got out about the closure, the restaurant has been flooded with people who want one more meal at a place that became the go-to spot for Chinese food in the area."It's overwhelming," says Fong. "It's driving us nuts. Everyone is overworked."Fond adds that he doesn't mind the extra work, but he didn't expect this kind of reaction.In the wake of the extra crowds, the restaurant put up a sign warning customers that wait times may take longer than usual. They say they don't want to add capacity, so they can give customers the same level of service they've always had.People in the area say it's sad to see such a great place go away."This is something I've known my whole life. I'm going to miss it," says Barbara Sims. She used to come with her parents as a child. Now she brings her grandkids to the restaurant when they visit.Fong says he appreciates all the well wishes he's received in the past few weeks."They all want to come back and have one last memory," he says. "So, thank you."The restaurant will stay open through the Chinese New Year in February and then close in March.Fong says several people and real estate groups have looked into buying it, but he doesn't know if the new owners will keep the location as a Chinese food restaurant or open something new. 2001
Nestle and Starbucks are teaming up to create a "global coffee alliance."Under the deal, Nestle will pay .2 billion to market, sell and distribute Starbucks' packaged products around the world, the companies said Monday.Nestle already has a significant presence in the coffee business with well-known brands like Nescafe and Nespresso. It's now adding Starbucks coffee and tea products to the list.The agreement only covers Starbucks' packaged goods sold outside the US company's stores. It doesn't include Starbucks' ready-to-drink coffee, tea or juices.Starbucks CEO Kevin Johnson said the deal "will bring the Starbucks experience to the homes of millions more around the world."The deal still needs approval from regulators and is expected to be finalized in summer or early fall this year, the companies said.About 500 Starbucks employees will join Nestle under the agreement, the Switzerland-based company said.It said the Starbucks packaged goods business generates annual revenue of about billion a year. 1031
NEW: Biden Campaign Manager Jen O’Malley Dillon says, “The president’s statement tonight about trying to shut down the counting of duly cast ballots was outrageous, unprecedented, and incorrect.” pic.twitter.com/dysSKDtk1c— Yamiche Alcindor (@Yamiche) November 4, 2020 276
NEW YORK – Wall Street clawed back the last of the historic, frenzied losses unleashed by the coronavirus, as the S&P 500 closed at an all-time high Tuesday.The benchmark index notched a modest 0.2% gain to beat its previous record high set on Feb. 19, before the pandemic shut down businesses around the world and knocked economies into their worst recessions in decades.The S&P 500′s milestone caps a furious 51.5% rally that began in late March.Tremendous amounts of aid from the Federal Reserve and Congress helped launch the rally, which built momentum on signs of budding growth in the economy. 616
NEWMAN, Calif. (KGTV and AP) - Newman Police Chief Randy Richardson had tears in his eyes Thursday as he talked about the grief in his department over the loss of Corporal Ronil Singh. Singh, 33, was shot early Wednesday morning, a few minutes after radioing that he was pulling over a gray pickup truck that had no license plate in Newman, a town of about 10,000 people some 100 miles southeast of San Francisco. He died at a hospital. Singh was one of 12 Newman Police officers. “My department is hurting,” said Richardson at a morning news conference. “We’re not an agency; we’re a family.” Watch the news conference:The Stanislaus County Sheriff’s Department took over the investigation from Newman Police, releasing surveillance photos of a man seen at a convenience store just before Singh’s murder. Officials pleaded for information about the attacker's identity from the public, and the California Highway Patrol sent an alert to smartphones Wednesday asking drivers to keep an eye out for the pickup truck. A truck believed to have been the one stopped by Singh was later found in a garage in a mobile home park about 4 miles from the shooting, where law enforcement officers were serving a search warrant, The Modesto Bee reported. Investigators were examining the vehicle, police said. RELATED: National manhunt underway for man suspected of killing California police officerSingh was a native of Fiji and father of a 5-month-old son. He joined the Newman police force in 2011. Earlier in his career, Ronil Singh worked as a deputy with the Merced County Sheriff's Department. "He was living the American dream," said Stanislaus County sheriff's Deputy Royjinder Singh, who is not related to the slain officer but knew him. "He loved camping, loved hunting, loved fishing, loved his family." On his Facebook page, Ronil Singh posted pictures on Christmas Eve from a deep-sea fishing trip that produced a big haul of crabs and fish. His profile picture shows him smiling as he stands at a patrol car with his K9 partner, Sam — the same photograph of the officer released by the Sheriff's Department. “He will never see his son walk,” Chief Richardson said. Outgoing California Gov. Jerry Brown offered condolences to Singh's family and said flags at the Capitol would fly at half-staff in his honor. "Our hearts are with the entire community of Newman and law enforcement officers across the state who risk their lives every day to protect and serve the people of California," Brown said. Singh's canine partner will retire from the department and stay with Singh's family.“We need closure. His family needs closure,” said Richardson. 2652