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NEW YORK (AP) — Macy’s said Thursday that it’s laying off 3,900 corporate staffers, roughly 3% of its overall workforce, as the pandemic takes a financial toll on the retailer's sales and profits.The headcount reduction will save the department store chain 0 million per year.Like many of its non-essential peers, Macy’s was forced to close its physical stores to curb the spread of the coronavirus, evaporating sales.Since early May, Macy’s has been gradually reopening its stores, which had been closed since March 18.The New York-based company furloughed a majority of its workers as the pandemic took hold in the U.S. However, it was announced Thursday that most remaining furloughed employees would be returning to work starting July 5.Macy’s CEO Jeff Gennette has said that customers are coming back, but it needs to cut costs to readjust its business to a new climate.“COVID-19 has significantly impacted our business. While the re-opening of our stores is going well, we do anticipate a gradual recovery of business, and we are taking action to align our cost base with our anticipated lower sales,” said Gennette. “These were hard decisions as they impact many of our colleagues. I want to thank all of our colleagues – those who have been active and those on furlough – for helping us get through this difficult time, and I want to express my deep gratitude to the colleagues who are departing for their service and contributions. We look forward to welcoming back many of our furloughed colleagues the first week of July.” 1544
NEW YORK (AP) — The U.S. has surpassed 1 million new confirmed coronavirus cases in just the first 10 days of November, with more than 100,000 cases each day becoming the norm in a surge that shows no signs of slowing. The latest surge in U.S. coronavirus cases appears to be much larger than the two previous ones, and it is all but certain to get worse. Deaths are climbing again, reaching an average of more than 930 a day. However, experts say medical and testing advances give them reason to believe the nation is better able to deal with the virus this time. On Monday, the number of coronavirus cases in the US passed 10 million since the start of the pandemic.Despite a rise in recorded cases, the University of Washington's IHME model projects up to 2,000 coronavirus-related deaths per day by the end of December. During the height of the pandemic in April, the US roughly averaged 2,000 coronavirus-related deaths per day. 942
NEW YORK (AP) — Apple has dropped the hugely popular "Fortnite" game from its App Store after the game's developer introduced a direct payment plan that bypasses Apple's platform. Apple takes a 30% cut from in-app revenue purchases, which has long been a sore spot with developers. "Fortnite" is free, but users can pay for in-game accouterments like weapons and skins. The game's developer, Epic Games, said in a blog post it was introducing Epic Direct payments, a direct-payment plan for Apple's iOS and Google Play that bypasses the App Store. Apple said the service violated its guidelines.“Epic enabled a feature in its app which was not reviewed or approved by Apple, and they did so with the express intent of violating the App Store guidelines regarding in-app payments that apply to every developer who sells digital goods or services,” Apple said in a statement to Bloomberg News' Mark Gurman. 912
NORTH CAROLINA: Do NOT do what the President directs. To make sure your ballot COUNTS, sign and send it in EARLY. Then track it ONLINE with BALLOTTRAX. Do NOT vote twice (it’s a felony), or waste your time, or unnecessarily risk exposure to more people. https://t.co/jOKYoR4hnr https://t.co/1cF6tJoHA4— Josh Stein (@JoshStein_) September 12, 2020 354
NEW YORK — An Army veteran who just celebrated his 100th birthday won a fight to stay in his Brooklyn home on Tuesday.James Been served in World War II as a radio operator and celebrated his milestone birthday on June 19.Been has lived in a brownstone on Halsey Street in Brooklyn's Bedford-Stuyvesant neighborhood since 1927, and he says the house has been in his family for generations.Been has lived an extraordinary life. During the war, he served in an all-Black regiment known as the Harlem Hell Fighters."I served in the 93rd Division in the South Pacific against the Japanese from 1942 to 1946. Instead of buses, there were buggies going downtown here. It's a wonderful feeling to remember those historic events," Been said.Last year, Been was shocked to find out there was a foreclosure case filed against him.He said he couldn't repay a 0,000 home equity loan he secured in 2006 when he was 84.Belinda Luu, Been's lawyer, works with an organization called Mobilization for Justice. She said it was "wrong" that Been was being forced out of his home."There are so many mostly Black homeowners who have built these communities, like Bed-Stuy, and they are being pushed out," she said.Thankfully for Been, the case against him won't continue. A JPMorgan Chase spokesperson delivered the good news to him on Tuesday."Mr. Been will not be evicted from his home. We are committed to honoring those who have served," the company said.But Councilmember Robert Cornegy of Brooklyn said Been's story represents a much bigger problem for vulnerable seniors."There are hundreds — probably thousands — of people like Been, but they don't want to come forward. They are embarrassed," Cornegy said.Cornegy said he's fighting to keep the money in the city's budget for deed theft prevention and foreclosure prevention to help protect seniors at risk of losing their homes.This story was originally published by Monica Morales on WPIX in New York City. 1956