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Sears is seeking court approval to pay executives as much as million in quarterly bonuses while the company struggles to restructure in bankruptcy.Three top executives could get nearly million each if the company goes out of business. If Sears remains in business, they could get nearly 0,000 each for hitting the top performance targets.Sears filed two different types of bonus plans in bankruptcy court?Thursday. The first is for the top 18 "key" executives, who would collectively get as much as .1 million per quarter. The bonuses would only be paid in full if Sears reaches its cash-flow targets. Sears Holdings, which includes both Sears and Kmart, has been burning through cash at a rate of about 5 million a month.A second retention bonus plan was designed to encourage 322 other unnamed executives to stay put during Sears' reorganization. They would collectively get .9 million a quarter, which works out to an average of about ,000 per quarter per executive. No executive could receive more the 0,000 in bonuses for staying with the company during the bankruptcy process.A judge's approval is needed before the bonuses could be paid. A hearing on the plans is set for December 20.The company wants to retain as many executives as it can, but Sears is laying off employees who staffed?hundreds of stores it is closing. Many hourly workers claim they will not be paid severance.Shelia Brewer, who worked for 17 years as a full-time hourly employee at a Kmart in Rockford Illinois, said the company told her she'd get eight weeks of severance. Instead, she received a letter saying that severance payments were being halted because of the bankruptcy, and she would get only the four weeks of pay she had already received."It hit me hard. I was already struggling as it was," she said. She said the bonus plan makes her angry."They say we can't get our severance because there's no money, but they're getting bonuses? It's like a slap in the face," she said.A Sears spokesman declined to comment on the bonus plan or its current severance policy.Eddie Lampert, the company's primary shareholder and chairman, apparently will not receive a bonus, according to the filing.The three top executives who were given the responsibility for running the company during its reorganization are in position for the largest bonuses. They are Chief Financial Officer Robert Riecker, Chief Digital Officer Leena Munjal and Gregory Ladley, president of the company's clothing and footwear business.Each could receive as much as 0,000 a quarter in bonus payments for hitting the maximum cash flow targets. They could receive four times that much if Sears goes out of business, in something the company called an "acceleration event."Retention bonuses for top executives are not unusual when companies go bankrupt. But bankruptcy law limits how much severance companies can pay.Toys "R" Us won approval for up to million in bonuses for 17 top executives a year ago during its failed attempt to stay in business, despite objections from employees groups and others."It's outrageous that the bankruptcy court is considering bonuses for Sears' high paid executives while laid off employees get their severance pay cut off," said Carrie Gleason, campaign manager for Rise Up Retail, a retail employee advocacy group. "This is exactly what happened at Toys 'R' Us. A handful of executives who couldn't save the company got millions in bonuses while tens of thousands of dedicated employees were denied their promised severance pay." 3581
You might know the word "ghosting" in regards to dating. It’s usually when someone you’re talking to just disappears and stops communicating. Well, now it's happening during the job process, and people who do it may be paying a price they don't realize.In this hot of a job market, people are ghosting each other left and right. Karen Policastro with recruiting firm Robert Half says potential employers are not showing up for interviews, phone calls or work.Former hiring manager Craig Commings says he’s gotten used to new hires not showing up for the job."It was probably one-third of the time they showed up and two-thirds of the time they didn't," Commings says.A recent survey by Robert Half says 28 percent of people backed out of a job offer. They said it was because they received a better offer from another company.Ghosting is happening more to employers during the hiring process. Policastro says it may seem easier to avoid an awkward situation, but honesty is the best policy.Policastro says, at minimum, send an email updating them on your status. Then tell them, "thank you for the offer, but I have to turn it down."Experts suggest leveraging the better job."You never know when they may come back and say, 'I understand that you have a job offer, let’s see if we can up the ante,' " Policastro says.Job seeker Evan Piedrahita has the right idea, too. "If I got a better offer I would probably email them, let them know and give them a chance trying to increase the salary, benefits and see if they can match that," Piedrahita says.But ghosting works both ways. Job seeker Joshua Curry thought he made a good impression during an interview. But the potential employer never called him back."If I follow-up with an email, I usually get a response. But if I'm calling, not really," Curry says. "It seems to be a little bit more challenging face to face."No matter which side you stand on, treat others the way you want to be treated."This market will turn one day and you don't want to burn any bridges because maybe it’s an employer you want to go back to down the line and they will remember you,” Policastro says. 2143

With Washington a little more than 24 hours away from a partial government shutdown, the House of Representatives on Thursday passed a spending bill that includes an additional billion for President Donald Trump's long-promised border wall. The vote was 217-185.The billion is in line with what the President has requested of Congress, but passage of the measure doesn't appear to have moved Washington any closer to averting a shutdown at the end of the week.That's because the bill next heads to the Senate, where it is expected to be dead on arrival due to opposition over the border wall money.Democrats have already made clear they will not support billion for the wall, and any spending measure would need bipartisan support to pass in the Senate.The question now is whether a partial shutdown can still be averted. Funding will expire for several key government agencies at midnight on Friday. If the deadline is not extended, those agencies will shutter just days before Christmas.Just a day ago, lawmakers had appeared on track to stave off a shutdown after the Senate passed its stopgap funding bill with top congressional Republicans signaling that they expected the President to sign the measure.But the outlook changed drastically on Thursday as Trump ratcheted up his rhetoric and suggested again that he is not willing to accept anything less than his billion demand.House GOP leaders had emerged from a meeting with the President at the White House earlier in the day saying that Trump had told them he would not accept the stopgap measure passed by the Senate, which did not include the border wall funding he wanted.That news threw many lawmakers into a tailspin as confusion and uncertainty over what would happen next dominated the day on Capitol Hill.Rep. Mark Meadows, the chairman of the House Freedom Caucus, told CNN earlier in the day on Thursday that state of play on the spending bill is "very fluid right now."The bill the House took up on Thursday includes .81 billion in disaster funds through the rest of the fiscal year in the aftermath of widespread wildfires and Hurricanes Michael and Florence in addition to billion in new money for the border wall for the rest of the fiscal year but to remain available until September 30, 2023.It is widely expected that the measure will be unable to pass in the Senate, however, given its allocation for border wall funding.Senate Majority Leader Mitch McConnell's proposal that passed the Senate the day before had the backing of the top congressional Democratic leaders Nancy Pelosi and Chuck Schumer, and top congressional Republicans had indicated on Wednesday they were optimistic that the President would sign the measure.Pelosi, however, argued during a press conference on Thursday that the situation was descending into a "meltdown" among Republicans. While she expressed openness to additional funds for issues like disaster aid, she said wall funding would be a dealbreaker for Democrats."We'll see what they come up with in terms of disaster assistance, we'll see. But in terms of wall funding, that's a non-starter."A House GOP conference meeting earlier in the day was a "strong rebuke" against the short-term spending bill passed by the Senate, according to North Carolina Republican Rep. Mark Walker. "There wasn't any ambiguity in the room today," Walker told CNN."We've got to stay here and get this job done and get border security passed," Walker said. "The Senate's voice vote on the CR was strongly rejected by the conference this morning."The North Carolina Republican said one member who hadn't spoken in the conference in eight years stood up to speak Thursday and that Rep. Virginia Foxx's husband called her from back home to say you've got to get the wall done. "It wasn't just one group or one caucus; It was across the board," Walker said."There's a lot of frustration," said Rep. Greg Walden, Republican of Oregon.The Senate-passed measure faces opposition from a broad group of conservatives. Members of the House Freedom Caucus and other conservative allies of the President spoke on the House floor Wednesday night, urging Trump not to abandon new money for border wall funding.Jordan, speaking on the floor, blasted the idea of postponing another spending bill fight to February, when Democrats will hold the majority in the House."You've got to be kidding me, really? I mean February 8th? When Nancy Pelosi is speaker? I'm supposed to believe, we're supposed to believe that we're then going to build the border security wall and keep our promise from the 2016 campaign? No way!" Jordan said. 4631
A Florida man has been charged with 144 counts related to cruelty to animals.The State Attorney's Office has charged 51-year-old Robert David Starkweather after investigators found what 77 cows, 48 calves, and 2 donkeys found on his Hendry County farm.Photos taken by the local Sheriff's Office showed animals as bags of bones."That's got to be the most horrific fate, worst way to go," local animal rescuer Carey Kendzior said. "These are massive animals and it would take months to let it get to that point of cruelty and neglect. There's no excuse."Rescuers came too late for some. There were 13 animals found dead upon arrival."I don't care who you are. No reason for you to be in charge of animals," Kendzior said.The Hendry County Sheriff's Office investigated the case with assistance from both the Lee County Sheriff's Office and the Collier County Sheriff's Office. The animals were sized and were taken from the property and moved to another location.One calf died and five had to be euthanized due to their poor health conditions after being looked at by a veterinarian.Dr. Laura Braun is a vet in Fort Myers. Braun was disturbed when she saw the photos. "That's not how cattle are supposed to look, not even close," she said.Starkweather will be arraigned on May 17. 1302
"Black-ish" star Yara Shahidi is set to play Tinker Bell in Walt Disney's live-action "Peter Pan" movie, the actress announced on social media.According to Dateline, Shahidi will be the first Black woman to play the part of Tinker Bell.The movie, "Peter Pan and Wendy," will also star Jude Law as Captain Hook, Alexander Molony will play Peter Pan, and Ever Anderson will play Wendy, Dateline reported.The movie is set to be released in theatres, not streamed on Disney+, according to Variety.The original animated film, "Peter Pan," came out in 1953.No release date has yet been set for the live-action film. 617
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