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SAN DIEGO (KGTV) — Balboa Park has reopened the former parking lot near the San Diego Air & Space Museum as Palisades Plaza.The refresh of the South Palisades parking lot removed the 144 parking spaces and transformed it into a public square surrounded by the Air & Space Museum, San Diego Automotive Museum, Mid-City Gymnasium, and upcoming Comic-Con Museum.The city has said it will add 131 parking spots in two lots in other parts of the park to make up for the loss.RELATED:In-Depth: Balboa Park's future unfolds during COVID-19 pandemicBalboa Park's Timken museum to install military-grade anti-viral technologyOver about seven months of construction, crews with the city's Transformation and Stormwater, and Parks and Recreation departments removed asphalt, upgraded a San Diego Trolley stop, planted trees and enhanced landscaping, installed turn lawn areas, repaved the North Palisades parking lot, and upgraded sidewalks and curb ramps.The project cost about 0,000.Since many attractions in Balboa Park have been shuttered by pandemic-related closures, groups throughout the park have used the time to revamp museums and upgrade facilities. 1168
SAN DIEGO (KGTV) — At least three large sharks were spotted off the coast of Torrey Pines State Beach swimming close to surfers in the water on Thursday.California State Parks Lifeguards say they received reports of five sharks swimming about 50 feet from shore and 100 to 200 yards from Lifeguards Tower 1 at about 12 p.m. The sharks were seen specifically gliding around the Flat Rock area, located north of Black's Beach and south of Torrey Pines State Beach, according to a State Parks spokesperson.Sky10 was overhead as the sharks swam nearby surfers who were just offshore of Torrey Pines:Officials say the largest of the sharks, which may have been great white sharks, was about 10 feet in length."The sharks did not interact with any beachgoers during this time. The shark actions are considered non-aggressive and consistent with normal white shark behavior," a State Parks spokesperson said.A San Diego Fire-Rescue Lifeguard made announcements to people in the water about the sighting. Announcements were being made in the area up to one mile south of Bathtub Rock, SDFD spokeswoman Monica Mu?oz said.Shark sighting signs would remain up in the area for 24 hours, officials said. 1198

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) -- County Supervisor Jim Desmond said Friday that more businesses throughout San Diego County can reopen pending approval from health officials.Those businesses include nail salons, massages, and tattoo parlors.Supervisor tweeted out the statement Friday, saying: "Pending County Health Official's approval, next Friday personal services (nail salons, massages, tattoo parlors, etc.) will be able to open in San Diego County!"The news comes after county health officials allowed gyms, hotels, and bars, among other businesses to reopen beginning June 12.RELATED: San Diego County gyms, bars, movie theaters reopening June 12Those businesses, according to the county, were required to complete a "Safe Reopening Plan" and share it with their employees and display it where customers and patrons can see it.Businesses are also required to follow public health guidelines, including the use of face coverings, increased sanitation, and rotocals for social distancing. 989
SAN DIEGO (KGTV) — Authorities are looking for an inmate who walked away from a San Diego rehabilitation facility.Steven Vargas, 53, was last seen at 10 a.m. Tuesday after leaving the San Diego's Male Community Reentry Program, according to the California Department of Corrections and Rehabilitation. Vargas had been given permission to leave the facility but didn't return when required.The facility allows eligible offenders with one year left to serve to do so in re-entry centers, providing them with rehabilitation services that assist them with substance use disorders, mental health care, employment, education, housing, and more. Officials said they were alerted that Vargas' electronic monitoring device had been tampered with just before noon Tuesday.Vargas was sentenced to four years in prison on May 6, 2019 for vehicle theft with prior vehicle related theft convictions and grand theft of a firearm. He was scheduled to be released on parole in June.Vargas is described as a Hispanic male, 6-feet tall, and weighs about 192 pounds. He was last seen wearing faded black jeans, black shoes, a blue shirt, and a charcoal grey sweater. He also has a long gray and white goatee.Anyone with information on Vargas' whereabouts is asked to call 911 immediately. 1276
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