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FOLSOM, Calif. (AP) — California's power grid operator is calling for voluntary conservation of electricity as high heat grips the state.The California Independent System Operator has issued a Flex Alert from 3 p.m. to 10 p.m. Thursday due to an expected increase in electricity demand, primarily from use of air conditioning.Late afternoon and early evening is when the grid is most stressed and solar power production falls.The heat is being produced by a ridge of high pressure covering the entire West and extending into Alaska.In mid-August, a heat wave strained the grid to the point that the operator ordered utilities to implement rolling blackouts. 665

Forget about drones and armies of people driving Amazon trucks. One big Wall Street firm thinks Amazon's plan to build up its air freight delivery service may be what really winds up hurting UPS and FedEx.Morgan Stanley analyst Ravi Shanker said in a report Tuesday that both delivery giants could lose 10% of their revenue to Amazon Air by 2025. Shanker cut his price targets on UPS (UPS) and FedEx (FDX) and both stocks plunged more than 6% as a result.It was a particularly gruesome day for transportation stocks due to worries about the broader economy and confusion about the status of US-China trade talks.The Dow Jones Transportation Average, which includes FedEx and UPS as well as leading airlines, truckers and railroads, fell 4.4% -- its worst drop since June 2016.But Shanker paints a picture that should be extremely worrisome to UPS and FedEx.He notes that Amazon (AMZN), which currently is leasing 40 cargo jets, could eventually have 100 planes running and estimates that the planned Amazon Air routes could overlap with more than two-thirds of the volume flown by UPS and FedEx.That's bad news for both companies since Shanker said that UPS and FedEx each generate nearly 20% of their overall revenue from US air deliveries.Amazon has made big investments to bulk up Amazon Air. In the past few years, it has bought stakes in two freight delivery airlines -- Air Transport Services Group (ATSG) and Atlas Air Worldwide Holdings (AAWW).It also announced plans to invest .5 billion in order to build an Amazon Air hub on more than 900 acres of land that it is leasing near the Cincinnati/Northern Kentucky International Airport. Amazon bought an additional 210 acres earlier this year.There's a simple reason why Amazon will want to handle more of its own air deliveries. According to Shanker, Amazon could save between billion and billion next year. That works out to about 3% to 6% of its global shipping costs.But on a day when the broader market was tanking, investors didn't seem too enthusiastic about Shanker's thoughts on Amazon either. Shares of Amazon fell nearly 6%. 2113

Following lackluster holiday sales, Toys 'R' Us will sell or close all 800 of its remaining stores, a source told the Washington Post on Wednesday. In January, the company announced that it was closing 182 locations in 2018. Wednesday's news could affect up to 33,000 jobs with the company. The company is in the midst of bankruptcy, and is facing nearly billion in debt dating back to 2005. The company filed for bankruptcy six months ago, and has yet to find a buyer. Meanwhile, sales at brick and mortar retailers continue to drop. The Wall Street Journal reported last week that company was preparing to abandon restructuring efforts, and prepare to liquidate its stores. Earlier on Wednesday, the company announced that it is closing its remaining 75 locations in the United Kingdom  834

Federal safety regulators say that at least four people have died following head-on crashes in Hyundai and Kia cars in which the airbags did not deploy.The National Highway Traffic Safety Administration said it's investigating the airbags in 2011 Hyundai Sonatas and 2012 and 2013 Kia Fortes after it received reports the devices failed to deploy in six different crashes that resulted in injuries, including the four involving fatalities.There are an estimated 425,000 cars on US roads that could be affected by the problem, according to the NHTSA's review, which was made public on Saturday.Hyundai announced earlier this month that it plans to recall 155,000 of the 2011 Sonatas due to a short circuit in the controller that deploys the airbags. But it has yet to recall the cars because it does not yet have a fix in place. The automaker said it will notify owners by April 20.Hyundai's initial recall statement did not mention that any deaths or injuries had occurred in the cars with faulty airbags. When asked about the NHTSA's investigation, it said the four accidents involving Sonatas resulted in two deaths and two injuries. It described the accidents as "rare and unique.""These accidents included a very high rate of speed and a severe offset head-on collision to the front driver side of the vehicle," said the company. "We are actively investigating what exactly causes the airbag control unit to become damaged in these specific types of accidents."Kia, which is also owned by Hyundai Motors but operates as a separate company in the US, has not announced any recalls for the Forte related to the airbag. Kia said it is working with NHTSA but that it "has not confirmed any airbag non-deployments arising from the potential chip issue."The airbags were made by ZF-TRW, according to the NHTSA filing. Spokespersons for VF-TRW did not respond to a request for comment.The largest auto recall in the nation's history involved 50 million airbags made by supplier Takata for 37 million cars across most major automakers. Those airbags, which exploded and sent shrapnel into the car's occupants, have been tied to at least 13 U.S. deaths and more than 200 injuries, according to NHTSA. 2238

FORT MYERS, Fla. -- Police have arrested a 14-year-old girl after they say she was behind the wheel of a car that reversed into a patrol car twice -- once with the officer inside -- and led them on a pursuit before crashing into a fence. The girl is facing several felony charges.Police say they were called to a local RaceTrac on Saturday to investigate a suspicious car. When they got on scene, they found a 14-year-old girl behind the wheel. They say she then reversed into the patrol car twice, the second time while the officer was inside, then took off.She led police on a nearly mile-long pursuit until she crashed her car into a fence. The panel of the metal fence was destroyed. Shyvonne Jackson said he was leaving work when he saw the commotion. "Someone could have got hurt. Some kids could have gotten hurt. Somebody could have got their life taken away," he said. The girl is now facing multiple charges, including 10 counts of hit-and-run with property damage and six counts of aggravated battery on an officer.  1090

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