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October's market turmoil took an off-day Tuesday.The Dow soared 300 points, the Nasdaq was up 1% and the broader S&P 500 rose 1.1%. Investors were relieved to hear President Donald Trump comment Tuesday that he is willing to negotiate with China on a trade pact.Markets tumbled Monday on fears that the Trump administration could impose a new round of Tariffs on China.Some experts warn that the bull market is peaking. Big tech stocks are plunging as earnings growth has slowed, interest rates have risen and the threat of a longer China trade war has intensified. The S&P 500 fell 8% lower this month.But Brian Belski, chief investment strategist for BMO Capital Markets, thinks there are many years left before things turn around. 749
One person is dead and seven others injured following a vehicle crash involving an Ypsilanti school bus on eastbound I-94 Tuesday morning.The accident occurred around 10:15 a.m. Pittsfield Township Fire Department, Ann Arbor Fire Department and Michigan State Police responded to the scene after a SUV rear-ended a disabled Ypsilanti school bus at the eastbound I-94 exit.The bus was being provided tow assistance for a flat tire. There were no students on the bus at the time, according to the Ypsilanti School District.Police report that the driver of the vehicle, including three infants inside, were trapped after crashing into the school bus.The three children were transported to the University of Michigan Mott Children's Hospital in serious condition. Two people were transported to St. Joseph Mercy Hospital in critical condition, and the tow truck driver was pronounced dead at the scene. He was reportedly at the rear of the bus when the accident happened. According to a release, there were also two additional 'walking wounded' injuries caused from the crash. 1144
One of the nation’s largest teachers’ union is authorizing its members to strike if their schools plan to reopen without proper safety measures in the middle of the global pandemic.The American Federation of Teachers, which represents 1.7 million school employees, issued a resolution on Tuesday saying it will support any local chapter that decides to strike over reopening plans. The group says school buildings should open only in areas where coronavirus infections are low enough and if schools enact certain safety measures.The union’s president blasted President Donald Trump for ordering schools to reopen even as the virus continues to surge. Randi Weingarten called Trump’s response “chaotic and catastrophic,” saying it has left teachers angry and afraid. 773
OCEANSIDE, Calif. (KGTV) - A major turning point for the town of Oceanside was the creation of Camp Pendleton."It was just a village, Oceanside was just a village and all of a sudden you have all these workers coming into Oceanside for a place to sleep, a place to eat," said Faye Jonason, History and Museum Director at Camp Pendleton since 1996.According to the Oceanside Historical Society, the town's population more than doubled in five years. Restaurants, schools, and hotels were bursting at the seams. The Japanese attack on Pearl Harbor spurred the U.S. Navy to purchase the 132,000 acres of Rancho Santa Margarita y las Flores Mexican land grant. The base was only supposed to be temporary, but the process of turning the quiet Rancho into the world's largest Marine Corps Base had begun. "I think they found it was such good training area, they weren't about to let go," said Jonason. Camp Pendleton was declared a permanent installation in 1944.A glimpse of Camp Pendleton Through the Years, compiled by the Oceanside Chamber of Commerce:June 1950: Outbreak of the Korean War sees peacetime activities come to an end; Reserve Marines arrive at the base and begin processing and training for subsequent deployment to Korea. Over 200,000 Marines would pass through Camp Pendleton on their way to Korea.1960s: 1st Marine Division deploys to Southeast Asia for involvement in the war in Vietnam. Marines rotating to Vietnam arriving at Camp Pendleton were assigned to Staging Battalion and were provided with 12 to 15 intensive training days before deployment to Vietnam.1975: 1st Marine Division supports the evacuation of Saigon Refugees from Vietnam. Over 50,000 Vietnamese refugees were processed through Camp Pendleton and located at eight different camps in the northern portion of the base.1980s: Marine Corps "amphibious" operations became "expeditionary" as land, air, and support units are incorporated into expeditionary forces.1990s: Marines deploy to Saudi Arabia in support of Operations Desert Shield and Desert Storm.2002: I Marine Expeditionary Force deploys to Kuwait in support of Operation Enduring Freedom.2003: 1st Marine Division deploys by air and sea to link up with its advanced headquarters deployed to Kuwait under the I Marine Expeditionary Force in support of Operation Iraqi Freedom. 1st Marine Division conducts the longest ground march in Marine Corps history attacking Baghdad alongside the U.S. Army.2007: Camp Pendleton launches the Marine Corps Grow the Force facilities recapitalization/renovation program consisting of 50+ projects worth more than billion.2008: Camp Pendleton begins the Marine Barracks Recapitalization program to replace and renovate 42 barracks at the cost of .4 billion. 2010s: 1st Marine Division personnel and units deployed to Afghanistan provide advisory support and maneuver elements in support of Operation Enduring Freedom. 2014: The new 6 million Naval Hospital, Camp Pendleton is officially dedicated and opened.2015: Construction and opening of the Pendleton Fisher House, a .65 million, eight-suite home serving military families with a hospitalized service member at Camp Pendleton. 3181
OCEANSIDE, Calif. (KGTV) –A man visiting the beach with his family drowned in Oceanside over Labor Day weekend, police say. Oceanside Police say the 31-year-old man from Victorville was on a trip with his family when he went swimming and never returned to shore. According to police, he was later found by some people walking on the beach. After he was located, lifeguards tried to revive him using CPR, but the man died, authorities say. The drowning happened the day after a 73-year-old woman died in Mission Bay. RELATED: 73-year-old swimmer dies in Mission BayAccording to lifeguards, the woman was known to swim in Mission Bay almost weekly. Lifeguards say she appeared not to be swimming in a straight line when they swam out and brought her to shore. Lifeguards performed CPR on the 73-year-old, but she later died. "She had some sort of heart issue. The medics were working on her for quite some time,” Lt. Andy Lerum said. 941