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President Trump may be finding pockets of support from inside the very state he's suing.It's because a growing number of local governments are considering joining the administration's fight against California's new sanctuary laws.One of those laws prohibits state and local authorities from notifying federal immigration when they arrest an undocumented immigrant. There are exceptions for serious and violent crimes. Escondido Mayor Sam Abed opposes the sanctuary laws, and hopes his City Council will do the same and file a legal brief in support of the federal suit. The council meets April 4. "We have deported so many gang members because of our coordination with ice, and we'd like to continue to do that," abed said. "It's a public safety issue, pure and simple." 788
President Donald Trump tweeted Friday morning that he plans to re-submit a plan to end the Deferred Action for Childhood Arrivals (DACA) program, which offers more than 500,000 young immigrants the chance to remain in the U.S.The Supreme Court ruled against Trump's 2017 efforts to end the program in a landmark decision on Thursday. However, the court's ruling left the door open for Trump or a future administration to end the program should they take the proper steps.Trump said Friday that his administration plans to renew efforts to end the program."We will be submitting enhanced papers shortly in order to properly fulfil (sic) the Supreme Court's ruling & request of yesterday," Trump tweeted. 714

President Donald Trump says he has asked the SEC to study whether to stop requiring companies to report quarterly earnings.In speaking to business leaders, one told him a twice-a-year reporting system would allow companies the flexibility and cost savings companies need to "Make business (jobs) even better in the U.S." Trump tweeted Friday morning. Trump said he directed the SEC to look into a change in its requirements.Public companies must report their sales, profits and the state of the company's balance sheet every quarter. That has been required since the Securities Exchange Act of 1934, which was put in place to give more confidence and transparency to investors in the wake of the 1929 stock market crash. That act also created the SEC, which sets the regulations which govern those quarterly reports.Businesses have long complained that the reports require company executives to focus too much on the short term. Juicing numbers impresses investors, but it can force companies to miss out on long term trends. One of the reasons Tesla CEO Elon Musk wants to take his company private, he told his employees last week, was the way quarterly reports distort decisions at the company.President Barack Obama has also criticized quarterly reports.Speaking to the New York Review of Books in 2015, Obama said that he had talked to a large number of businesses executives who told him, "Because they've got quarterly reports to shareholders and if they've made a long-term investment that may pay off way down the line, or if they're paying their employees more now because they think it's going to help them retain high-quality employees, a lot of times they feel like they're going to get punished in the stock market. And so they don't do it, because the definition of being a successful business is narrowed to what your quarterly earnings reports are."Shareholders, however, use the quarterly earnings reports as a guide to the quality and health of their investments. Without quarterly financial reports, investors could be blind to important risk factors that could damage their portfolios.The president has run privately-held companies that didn't have to report results at all during most of his time in business,The European Commission, among others, only requires semi-annual financial reports of companies there, although major European companies whose stock is traded in both the United States and Europe will report on a quarterly basis in order to comply with SEC regulations.The-CNN-Wire 2519
Researchers at the University at Buffalo say they've developed a low-cost new technology that can identify whether drugs are present. They believe the chemical-sensing chip could someday test someone or something for cocaine, marijuana or opioids just as quickly and cheaply as a breathalyzer tests for alcohol. 324
PUEBLO, Colo. -- A Colorado man made a historic leap with his most recent skydive.Tommy Fergeson of Pueblo made his 1,000th jump Saturday, exactly eight years after an accident cost him his left arm.He's now made 343 jumps with two arms and 657 with one.After losing the limb, the "One-armed Skydiver" didn't lose his love for the pursuit and found ways to overcome his obstacles."It's something that when I first started I never dreamed I would hit 1,000 skydives you know? It's taken some years. I'm fixing to turn 58, actually next month I turn 58 but I still love it and I am going to continue to do it, and I'm gonna be with my family and I just love skydiving. It's one of my passions," Fergeson said.After the jump Saturday, Fergeson received his 1000 Jump Wings from the United States Parachute Club.This story was originally published by Tyler Dumas at KOAA. 875
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