KUSI Newsroom, KUSI Newsroom January 4, 2018 Posted: January 4, 2018 SAN DIEGO (KUSI) — In a ”mad dash” to take advantage of uncapped property tax deductions before the new tax law went into effect this year, 25 percent of San Diego County property owners paid their bills early, the county treasurer’s office said Thursday.The office of Treasurer-Tax Collector Dan McAllister received almost 72,000 more second installment property tax payments than this time last year. Some 41,000 of those payments were made in the last three days of 2018, McAllister said.The office received 255,407 second installment payments before Jan. 1, compared to 183,808 by the same time last year, according to the treasurer’s office.Property tax payments are due in two installments, on Nov. 1 and April 10.Many people who paid their second installment before the beginning of this year were looking to take advantage of the unlimited property tax dedications for federal income tax under the old set of rules, McAllister said.Under the new system signed into law by President Trump in December, people can only deduct up to $10,000 in property, state and local tax payments from their federal tax burden.Prepaying property taxes could be advantageous for those who itemize their taxes, usually pay more than $10,000 in state and local taxes and are not subject to the Alternative Minimum Tax, tax experts told various media outlets. 25% of San Diego property owners paid bills early to avoid new tax laws Categories: Local San Diego News FacebookTwitter
April 26, 2018 KUSI Newsroom SAN DIEGO (KUSI) — San Diego State University Athletic Director John David Wicker said Thursday the university’s proposed 35,000-seat Mission Valley stadium could expand to 55,000 seats to accommodate a future NFL franchise.The stadium would include 82 suites located among the field level, lower bowl sideline, upper sideline and five club sections. It would also feature 50 loge boxes with lounges.A perforated aluminum panel exterior “influenced by the sailboats found in San Diego Harbor” would change colors throughout the day, Wicker said.The site would also feature about 90,000 square feet of retail space, located near the stadium, which would serve residents, employees, students and visitors during non-game days.The proposed stadium is being designed by Populous, a global architecture and design firm that has designed more than 2,000 projects over the last 30 years, including Yankee Stadium. KUSI Newsroom, Posted: April 26, 2018 SDSU Athletic Director says proposed Mission Valley stadium could accommodate a future NFL franchise Categories: Local San Diego News FacebookTwitter
Angela Lang/CNET Apple’s new lineup of iPhones didn’t have a happy holiday. And a rare sales forecast slash may bode poorly for the rest of the year.In a letter to investors on Wednesday, Apple CEO Tim Cook warned that the company’s fiscal first-quarter revenue would be weaker than previously expected. It now sees sales of $84 billion, well below the range of $89 billion to $94 billion that it forecast in November. Its gross margin is now expected to be approximately 38 percent, a tick below the range of 38 percent to 38.5 percent range it previously forecast, suggesting a shift to lower-priced, less profitable products.A warning from Apple, one of the most valuable and profitable companies in the world, is a rare occurrence that hasn’t happened in at least 15 years. The weaker holiday season — a critical period in which most of Apple’s iPhones are sold — will fan growing belief that the company is struggling with consumer fatigue for its popular smartphone and that sales may be on a downward slide. The company raised a red flag in November when it said it would stop disclosing how many units it sells each quarter. “iPhone units are likely down, and I believe prices on the more premium, higher-priced phones are down due to holiday discounting,” said Patrick Moorhead, an analyst at Moor Insights. The warning prompted concerns similar to those Apple endured more than a decade ago, when it missed its fiscal fourth-quarter numbers amid an economic downturn. Then-CEO Steve Jobs broke his practice of skipping analyst calls in order to quell investor fear, reiterating that Apple would be fine. (He was right.)That hasn’t stopped detractors from jumping on the warning. On Wednesday, law firm Bernstein Liebhard said it was investigating whether Apple mislead investors and committed securities fraud. An Apple spokesman wasn’t immediately available to comment on the law firm’s actions.Apple shares fell 7 percent to $147 in trading after the market close on Wednesday. On Thursday morning, shares fell another 9.5 percent to $142.88, before rebounding 1.6 percent to $144.52 in early Friday trading.Blame ChinaThis time, the economic downturn isn’t in the US. Cook blamed much of the shortfall on China, where the company underestimated a decelerating economy. The company saw a decline in sales of iPhones, Macs and iPads in the country.Cook cited macro factors like trade friction between the US and China, the world’s two biggest economies.”We believe the economic environment in China has been further impacted by rising trade tensions with the United States,” Cook said. See It $999 CNET may get a commission from retail offers. Aug 31 • Your phone screen is gross. Here’s how to clean it Apple Aug 31 • iPhone XR vs. iPhone 8 Plus: Which iPhone should you buy? 7:35 See All Comments See It Apple iPhone XS What to expect from Apple in 2019 $999 Beyond demand in China, Cook also blamed a decrease in carrier subsidies, price increases in foreign markets caused by a strong US dollar and customers taking advantage of cheaper battery replacements. Cook pointed the finger as well at a slowing smartphone market, which has taken a toll on other big players, like Samsung. But Avi Greengart, an analyst at Global Data, says Apple’s not taking into account the rise of players like China’s Huawei, the second-largest phone maker in the world. Or Oppo, which owns the hot upstart player OnePlus. “Apple does have a strong franchise in China, but it is not immune from competition,” Greengart said.In an interview with CNBC, Cook said a host of new products introduced in the quarter contributed to the sales miss.”We had an unprecedented number of new products during the quarter. We had new watches, we had new iPad Pros,” Cook told the financial network. “Both of these were constrained for all or most of the quarter.”Still, he remains bullish.”We had sort of a collection of items going on.” Cook told CNBC. “Some that are macroeconomic and some that are Apple-specific. And we’re not going to sit around waiting for the macro to change — I hope that it does and I’m actually optimistic — but we’re going to focus really deeply on the things we can control.”Questions about demandApple was already facing questions about demand for its next lineup of iPhones. In the latter months of 2018, Apple introduced the iPhone XS and iPhone XS Max, which offered modest upgrades like a faster processor and, in the case of the Max, a big size increase. The other new product was the lower-priced iPhone XR, which came in different colors and cost less than the iPhone XS because of its cheaper components. Addressing concerns that the new iPhones weren’t selling well, Apple said the iPhone XR has been its top-selling iPhone since its launch, which came a month after that of the iPhone XS and iPhone XS Max. But the iPhone XR sits in an awkward position. It doesn’t have the latest and greatest specs to satisfy the hardcore Apple fanboy, but at $750, it is still an expensive upgrade for consumers used to a baseline $650 for a new iPhone. In the meantime, Apple’s older iPhone 7 and iPhone 8 models remain available for consumers who don’t want to break the bank for a new smartphone. Apple has been shifting its strategy so it’s less reliant on the iPhone and generating more of its revenue from services like iTunes, the App Store and its upcoming streaming video service. “The services business will have a longer impact than hardware sales,” said Carolina Milanesi, an analyst at Creative Strategies.First published Jan. 2 at 1:42 p.m. PT. Update 1:57 p.m.: To include further detailsUpdate 2:14 p.m.: To include further details, stock market price and background.Update 2:55 p.m.: To include analyst comments.Update 3:10 p.m.: To include further comment from Tim Cook from a CNBC interview.Update 4:40 p.m.: To include more Tim Cook comments.Update Jan. 3 at 6:40 a.m.: To include a new stock quote and analyst comment.Update Jan. 4 at 6:42 a.m.: To include new stock quote and detail about law firm investigation. Apple: See what’s up with the tech giant as it releases new iPhones and more.Does the Mac still matter? Apple execs explain why the MacBook Pro was over four years in the making, and why we should care. Now playing: Watch this: Tags Aug 31 • Best places to sell your used electronics in 2019 See it Review • iPhone XS review, updated: A few luxury upgrades over the XR Boost Mobile $999 $999 See It Sep 1 • iPhone 11, Apple Watch 5 and more: The final rumors Share your voice reading • Apple’s rare sales warning sparks iPhone fatigue fears • Mentioned Above Apple iPhone XS (64GB, space gray) Phones 77 Sprint Best Buy Preview • iPhone XS is the new $1,000 iPhone X Apple
Government-owned carrier Air India on Saturday announced an all-inclusive airfare of Rs. 1,499 to passengers on all domestic routes. The limited-period scheme is valid between May 21 and 25.Passengers can book their tickets for travel between July and September 30, 2016. The AI offer comes close on the heels of similar discounts by other domestic carriers such as SpiceJet and Air Asia India.”Under super sale offer, Flyers can book tickets at attractive fares starting from Rs. 1,499 (all inclusive) on domestic network,” Press Trust of India quoted Air India as saying in a statement.Two quarters i.e. January to March and July to September are typically considered the season that witnesses lack of travel demand from passengers. Last week, budget carrier SpiceJet announced a three-day sale of airfares with domestic base-fare starting from Rs. 511 and international base-fare starting from Rs. 2,111 to mark its 11th anniversary.On the other hand, AirAsia India announced 50 percent discount on return flights for three days (between May 16-18). Passengers could book their tickets for flights between August and November 2016. AirAsia India had said the offer was to make the carrier fly 2.5 million passengers since its India foray in June 2014.Airlines in India witnessed double-digit growth in domestic passenger traffic in April. Air India improved its share to 15.1 percent in April from 14.7 percent in March, while budget carrier SpiceJet saw its share go up marginally to 12.9 percent from 12.8 percent in the preceding month. IndiGo improved its market share to a fourth-month high of 38.7 percent.
Close The experts are recommending adequate caution to avoid legal conflict in the future. In a report, brokerage firm SBI Caps highlighted, “Resolution plan that involves debt to equity conversion of listed companies like Jet Airways could witness a high risk of litigation. As the RBI circular stands struck down, resolution plan that involved equity conversion could be subject to extended litigation by existing sponsors as well as shareholders.” Naresh Goyal quits as Jet Airways chairman, stake slashed to 25% In picture: A Jet Airways aircraft in Leh. [Representational image]Twitter/Jet AirwaysFinancially struggling Jet Airways’ stake sale process may have to wait due to the lack of clarity after the Supreme court struck down the Reserve Bank of India’s (RBI’s) February 12, 2018, circular. As per February 12 circular, banks having a negative book value were allowed to allot shares at Re 1. People privy to the development said banks were still expecting the RBI to clear the air pertaining to debt-equity conversion at Re 1. Due to this, the scheduled process of bidding on Saturday could not take off.A bank-executive said, “All legal approvals from the RBI need to be in place including examination of the issue of debt to equity conversion. Unless legal work is done, the bid document cannot be issued.” Notably, the consortium of lenders had said that the expression of interest (EoIs) from bidders would be invited on April 6. The deadline for receiving the bids was set 4 days after opening the bids. Financial daily, Business Standard reported that final date for submission of bids will also be extended as the process has been deferred. “Whenever the EoI is published, four days will be given to interested parties to respond,” the official further added. An IndiGo Airlines Airbust A320 aircraft and JetKonnect Boeing 737 aircraft taxi at Mumbai’s Chhatrapathi Shivaji International Airport February 3, 2013 (representational image).Reuters fileIn a bid to turnaround the fortunes of beleaguered airline, Jet Airways board had decided a plan as per which the consortium of lenders, led by State Bank of India (SBI) would take over the airline’s debt and convert it into 114 million shares for just Re 1. The step would mean the consortium holding 50.1 per cent shares in the company.It is to be noted that any delays would further hamper the financial condition of Jet Airways which is flying only one-fifth of its original fleet. The Airline is under humongous pressure from all its stakeholders. The airline’s creditors, including its lessors, have threatened to de-register more planes while the oil marketing companies (OMCs) have started to suspend fuel supplies to the cash strapped airline due to non-payment of their dues. In fact, Indian Oil Corporation had shut the supply on Friday for more than two hours and it was only after the government’s intervention the supply was restored. The pilots have also threatened to go on strike if they are not paid their dues. IBTimes VideoRelated VideosMore videos Play VideoPauseMute0:02/1:02Loaded: 0%0:02Progress: 0%Stream TypeLIVE-1:00?Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedSubtitlessubtitles settings, opens subtitles settings dialogsubtitles off, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window. COPY LINKAD Loading …
Share LBJ Library photo by Yoichi OkamotoRev. Billy Graham and President Lyndon B. Johnson at the LBJ Ranch in 1965.In September of 1971, hundreds of thousands of people packed Texas Stadium in Irving over 10 days. It wasn’t for a Dallas Cowboys game. They were there to see Christian evangelist Billy Graham.“Thousands of you have come here tonight searching for purpose and meaning in your life,” Graham said. “Many of you have come here with burdens and problems and sins. And you’re searching for an answer. Well I want to tell you before you leave Texas Stadium tonight, you can find it.”Graham died Wednesday, just shy of his 100th birthday. The Texas Stadium crusade was one of hundreds he held during a ministry that spanned more than six decades. It’s hard to overstate how much those big-tent gatherings shaped modern Christianity, and the state of Texas. And Texas shaped Graham, as well.William Martin is senior fellow in Religion and Public Policy at Rice University’ Baker institute, and the author of “A Prophet with Honor: The Billy Graham Story.”“I think he liked the expansiveness of Texas and the optimism,” Martin says. “While he was in the Dallas area, Fort Worth area, he met Sid Richardson, who became a great friend of his and also, interestingly, while he was there, he talked with Mr. Richardson about how much he admired General Eisenhower.”Richardson encouraged Graham to write Eisenhower a letter about his support – and some say the letter Graham wrote helped inspire Eisenhower to run for president.Graham continued spending time in the Lone Star State.“The most amount of time he spent in Texas was when he developed such a friendship with LBJ,” Martin says. “In fact, they went swimming in the White House swimming pool. Billy Graham described it to me, ‘well, you just went as you were.’”It was a friendship of mutual admiration.“Lyndon Johnson would ask him for advice and Billy was willing to give it,” he says. “And of course [LBJ] was willing to give Billy advice.”You may know Graham as a Republican, but Martin says his personal politics were more complex.“Graham took a strong stand in the mid-1950s when he desegregated his crusades, and had Martin Luther King in 1957 appear, say a few words, and lead prayer at his crusade in New York City,” he says. “He stood up for Dr. King. At one time, he paid his bail when he was in prison.”That didn’t mean he always agreed with King.“[Graham] disliked disorder. He was uncomfortable with people who were out marching in the streets and certainly uncomfortable with riots,” Martin says. “And uncomfortable with Dr. King’s harsh criticism of President Johnson. All of those things moved him more to the right.”His close friendship with Richard Nixon brought Graham closer to the Republican Party once Nixon was elected president. Graham also had a relationship with the Bush family, and George W. Bush has credited Graham with helping him to recover from substance abuse.“It’s well-known that George W. Bush had some difficulties in his life with alcohol, probably with drugs,” Martin says. “He went walking on the beach at Kennebunkport. He said that on that walk, Billy Graham gave him the advice and counsel and the ministry that really changed his life and set him on a much better path.”Written by Jen Rice.
Ludovic Bertron X Listen Houston’s Montrose Center just started a new partnership with the Lone Star Veterans Association to help meet the needs of local LGBTQ veterans.In the audio above, Houston Matters hears from from Josephine Tittsworth, a transgender veteran and executive director of the Texas Transgender Non-Discrimination Summit about her experience in the military.Then, we learn more about the new initiative from Kennedy Loftin, chief development officer for the Montrose Center, and Kevin Doffing, CEO of the Lone Star Veterans Association. To embed this piece of audio in your site, please use this code: 00:00 /07:09 Share
More women are now spending fewer years with impaired brain function but more years with disability compared to 20 years ago, reveals a new research.At the age of 65, females now spend around seven months more with moderate or severe disability and 2.5 years more with mild disability, the researchers found.“The aim of research was to investigate how health expectancies at the age of 65 and above changed between 1991 and 2011 in Britain,” said lead researcher Carol Jagger from Newcastle University’s Institute of Ageing. Also Read – ‘Playing Jojo was emotionally exhausting’Meanwhile, overall men’s life expectancy increased by 4.5 years but they had only 1.3 years more with mild disability and there was no increase in the years spent with moderate or severe disability or mild or worse cognitive impairment. Experts have shown that between 1991 and 2011, women’s life expectancy at the age of 65 increased by 3.6 years but they identified that the female body does not age as well as its mind. The research team compared two rounds of the cognitive function and ageing study, done in England in 1991 and 2011. Health expectancy was measured in three ways — self-perceived health, life without disability, and time free from cognitive impairment. Also Read – Leslie doing new comedy special with NetflixThose aged 65 and above over a similar time period, who showed problems with vision and hearing, did not account for increases in disability. Stability in self-care activities, like cooking, and increase in mobility limitations, such as walking 200 yards and climbing stairs, may contribute to gains in mild disability.“One possibility for the increased years women are living with mild disability might be the rise in obesity levels over the decades or multiple diseases which are a feature of very old age,” Jagger said.“It is also necessary for community care services and family carers who predominantly support those with mild to moderate disability to enable them to continue living independently,” the authors noted in a paper published in the journal The Lancet.