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(KGTV) -- SeaWorld continues to feel the financial strain of the COVID-19 pandemic, reporting a dramatic loss in revenue on Monday.SeaWorld Entertainment, Inc. revealed troubling earnings numbers from the second quarter and first six months of 2020, including revenue down 96 percent compared to the same time last year.When it comes to attendance, SeaWorld parks saw only 300,000 guests during the second quarter of this year -- a drop of 6.2 million from Q2 in 2019.According to the earnings report, SeaWorld had 6 million in cash/cash equivalents as of June 30. The company had 0 million on April 30.The pandemic forced the closure of the company’s parks, including SeaWorld San Diego, for several months, leading to a decline of 7.2 million guests from the first six months of 2019, the company stated.Following the park closures earlier this year, SeaWorld was forced to furlough 90 percent of its staff.A phased reopening of some parks began in early June, and overall, a total of seven parks were open for 98 operating days compared with all 12 parks open for 861 days during the second quarter of 2019. The reopened parks operated at limited capacity, limited hours and/or limited days.As for SeaWorld San Diego park, an opening date has not been set. SeaWorld said it is "in regular contact with state and local authorities and sincerely looks forward to opening in San Diego and welcoming back its guests as soon as it's safe and permitted to do so."The company said it also does not plan on opening the Aquatica waterpark in Chula Vista this year.SeaWorld Entertainment’s interim CEO Marc Swanson said in the earnings report: "I am extremely proud of our team's performance during this unprecedented and challenging time. Together, we have taken significant actions to reduce our costs, carefully manage our cash flows, fortify our balance sheet and liquidity position, implement enhanced health and safety protocols for our employees, guests and animals and successfully re-open and welcome guests back to nine of our twelve parks."Not all the news for SeaWorld was bad in the second quarter, as the company “helped rescue over 430 animals and surpassed 37,200 total rescues over its history.”City News Service contributed to this report 2263
(KGTV) --There is another effort to tackle our housing problems in California in the form of Proposition 21.Prop. 21, also known as the Rental Affordability Act, would allow local governments to have more authority over rent control on residential properties over 15 years old.It would exempt individuals who own two homes or less from new rent-control policies.Kimberly Ellis has been renting her current Santee apartment for three years. With rent—plus bills and food—she said everything “is just so expensive.”With her husband facing medical issues and her rent increasing every year, she said rent control is needed. “I live on a budget. It’s hard when the rent goes up,” Ellis said.A television ad for Yes on 21 is sponsored by the AIDS Healthcare Foundation. The organization has committed major funding to the cause.Pt. Loma Nazarene University’s Chief Economist Lynn Reaser said the advertisement “doesn’t even tell us what Proposition 21 even does.”She clarified it for voters.“It allows local governments to set their own rent control measures that would be different from what the state now has, which basically caps rent increases at 5 percent plus rate of inflation,” Reaser said. She said the ad got two facts right—homelessness is increasing and unemployment is high.According to the California Employment Development Department, unemployment is more than 13 percent. While it is lower than the record from the start of this pandemic, it is still above the mark set in 2010 during the great recession.The AIDS Healthcare Foundation launched a similar rent control ballot measure a couple years ago, which failed.According to the Legislative Analyst’s Office, it is likely state and local entities will lose money if Prop. 21 passes. The report said it could be in the “high tens of millions of dollars per year over time.”“Depending on actions by local communities, revenue losses could be less or more,” the ballot analysis said. 1953

A 12-year old Brooklyn girl is uplifting audiences and making history as one of the youngest composers for the New York Philharmonic.Grace Moore is a seventh-grade student at Poly Prep in Dyker Heights. She’s also soaring to new heights with her passion for classical music.Moore describes herself as quiet and shy, but when it comes to her music, she is powerful. In October, Moore had a world premiere of a piece she created for the NY Philharmonic. It was the music she composed.Moore is a participant of the New York Philharmonic’s Very Young Composers program— a program that teaches people as young as eight to create music, they have the some of best musicians in the world perform it.Moore’s talent is extraordinary.Her love of music started at the age of two when her mom bought her a piano. According to Gary Padmore, the director of the New York Philharmonic’s Very Young Composers program, the objective is to help Moore and kids like her from diverse backgrounds as they tap into their natural creative abilities.“Every child has the ability to be creative and tell their story,” said Padmore.Moore feels she is breaking barriers as a young woman of color and wants to inspire others to create and appreciate music.“I hope everyone follows their hobbies and do what they love,” said Moore.This story was first reported by Monica Morales at WPIX in New York, New York. 1388
.....This action is taken effective immediately, but may also be used retroactively for destruction or vandalism already caused. There will be no exceptions!— Donald J. Trump (@realDonaldTrump) June 23, 2020 215
.....Also, if you look at the extraordinary assets owned by me, which the Fake News hasn’t, I am extremely under leveraged - I have very little debt compared to the value of assets. Much of this information is already on file, but I have long said that I may release....— Donald J. Trump (@realDonaldTrump) September 28, 2020 333
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