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The handwriting is on the wall: Sears appears to be nearing bankruptcy.One of Sears' major shareholders just dumped a chunk of his stock for pennies on his original investment. The company added a new director who is familiar with bankruptcies and restructuring. Reports circulated that the company is talking to advisers and banks in preparation for a bankruptcy filing.Sears Holdings, the parent company of Sears and Kmart, faces an October 15 deadline to pay 4 million on its debt. CEO and primary shareholder Eddie Lampert told the company's board that it was crucial it restructure more than billion it owes "without delay," according to a recent regulatory filing. 684

The man taking over the Justice Department following Jeff Sessions' firing as attorney general has argued that special counsel Robert Mueller's investigation went too far.Matthew Whitaker, who was Sessions' chief of staff, is expected to take over oversight of Mueller's investigation into Russian interference in the 2016 election and whether Trump campaign associates colluded with Russia. A source close to the President told CNN that the idea of Whitaker ending or suppressing the Russia probe is not an option as of now.In a CNN op-ed written last year, Whitaker argued that Mueller is "dangerously close to crossing" a red line following reports?that Mueller was looking into Trump's finances.He argued that Mueller does not have "broad, far-reaching powers in this investigation," but that the investigation's limits are clearly defined by Deputy Attorney General Rod Rosenstein's?May 2017 letter appointing Mueller."It is time for Rosenstein, who is the acting attorney general for the purposes of this investigation, to order Mueller to limit the scope of his investigation to the four corners of the order appointing him special counsel," he wrote then. "If he doesn't, then Mueller's investigation will eventually start to look like a political fishing expedition."Back in 2017, Whitaker also told CNN's Don Lemon that he could see a scenario where Sessions is replaced with an attorney general who "reduces (Mueller's) budget so low that his investigation grinds to almost a halt."Trump announced on Twitter Wednesday that Whitaker would fill the role of attorney general while he finds a permanent replacement to be "nominated at a later date."Sessions recused himself from the Russia investigation after it emerged that he had failed at his Senate confirmation hearing to disclose two pre-election meetings with Russia's ambassador to Washington at a time when Moscow was accused of interfering in the presidential race. The recusal was harshly criticized by Trump and led to the deterioration of their relationship.Whitaker was a CNN legal commentator and former US attorney who directed the Foundation for Accountability and Civic Trust (FACT), a conservative ethics watchdog group. He ran in the Republican primary for Iowa Senate in 2014.--This opinion article was originally published on August 6, 2017, and authored by now acting AG Matthew Whitaker:Last month, when President Donald Trump was asked by The New York Times if special counsel Robert Mueller would be crossing a line if he started investigating the finances of Trump and his family, the President said, "I think that's a violation. Look, this is about Russia."The President is absolutely correct. Mueller has come up to a red line in the Russia 2016 election-meddling investigation that he is dangerously close to crossing.According to a CNN article, Mueller's investigators could be looking into financial records relating to the Trump Organization that are unrelated to the 2016 election. According to these reports, "sources described an investigation that has widened to focus on possible financial crimes, some unconnected to the 2016 election." The piece goes on to cite law enforcement sources who say non-Russia-related leads that "involve Trump associates" are being referred to the special counsel "to encourage subjects of the investigation to cooperate."This information is deeply concerning to me. It does not take a lawyer or even a former federal prosecutor like myself to conclude that investigating Donald Trump's finances or his family's finances falls completely outside of the realm of his 2016 campaign and allegations that the campaign coordinated with the Russian government or anyone else. That goes beyond the scope of the appointment of the special counsel.In fact, Deputy Attorney General Rod Rosenstein's letter?appointing special counsel Robert Mueller does not give Mueller broad, far-reaching powers in this investigation. He is only authorized to investigate matters that involved any potential links to and coordination between two entities -- the Trump campaign and the Russian government. People are wrongly pointing to, and taking out of context, the phrase "any matters that arose or may arise directly from the investigation" to characterize special counsel's authority as broad.The word "investigation" is clearly defined directly preceding it in the same sentence specifically as coordination between individuals associated with the campaign of Donald Trump and Russia. The Trump Organization's business dealings are plainly not within the scope of the investigation, nor should they be.Indeed, Sunday on Fox News, Rod Rosenstein acknowledged Mueller had limited authority and would need to seek his permission to expand the investigation.Beyond the legal reading, the broad authority argument defies plain logic: If the special counsel could investigate anything he wants, why would there even need to be a letter spelling out the specific limits of the investigation?One of the dynamics at play here is that people are conflating this investigation and Kenneth Starr's 1994 investigation into President Bill Clinton. While partly understandable at first glance, the two investigations are not comparable -- not only have more than two decades passed since then, but a completely new law and legal framework governing separate investigations has also passed. Starr was an independent counsel and Mueller is a special counsel, the two words are different for a reason.Any investigation into President Trump's finances or the finances of his family?would require Mueller to return to Rod Rosenstein for additional authority under Mueller's appointment as special counsel.If he were to continue to investigate the financial relationships without a broadened scope in his appointment, then this would raise serious concerns that the special counsel's investigation was a mere witch hunt. If Mueller is indeed going down this path, Rosenstein should act to ensure the investigation is within its jurisdiction and within the authority of the original directive.I've prosecuted several financial crimes at the federal level and I've also defended plenty in my private practice. From this unique vantage point, I can understand how a motivated prosecutor, in a broad investigation into the financial affairs of high-profile individuals, can become overzealous toward the targets of such probes -- with calamitous results. While no one is above the law, in situations such as this, any seasoned prosecutor must use discretion both judiciously and expertly.It is time for Rosenstein, who is the acting attorney general for the purposes of this investigation, to order Mueller to limit the scope of his investigation to the four corners of the order appointing him special counsel.If he doesn't, then Mueller's investigation will eventually start to look like a political fishing expedition. This would not only be out of character for a respected figure like Mueller, but also could be damaging to the President of the United States and his family -- and by extension, to the country. 7167

The man accused of killing eight people in a truck attack in New York on Halloween is a native of Uzbekistan who moved to the United States in 2010, sources told CNN.Sayfullo Habibullaevic Saipov bounced around parts of the US for several years, with sources telling CNN he has lived in Florida, in addition to stints in Ohio and New Jersey, where he worked as an Uber driver for the last six months, according to the company.On Tuesday, according to police, the 29-year-old drove a rented pickup truck down a busy bicycle path near the World Trade Center in Manhattan, killing eight people and injuring almost a dozen others. 634

The Michigan Department of Transportation says 40-50 cars and semis have been involved in an accident on I-94 in Jackson County, located about 80 miles west of Detroit.According to an MDOT traffic map, the crash appears to be on Westbound I-94 at Race Rd., exit 147 between Ann Arbor and Jackson.Three people reportedly suffered minor injuries in the pileup.According to the Jackson County Sheriff's Office, Michigan State Police, the Jackson County Sheriff's Office and Blackman-Leoni Public Safety are responding to the crash scene.Westbound I-94 is currently closed at the accident site.   610

The Justice Department inspector general found that former FBI Deputy Director Andrew McCabe "lacked candor" on four occasions when discussing the disclosure of information for a Wall Street Journal article about the FBI's Clinton Foundation investigation, according to a copy of the report obtained by CNN on Friday.In addition, the inspector general determined that McCabe was not authorized to disclose the existence of the investigation because it was not within the department's "public interest" exception for disclosing ongoing investigations. The inspector general said that the disclosure to the Journal was made "in a manner designed to advance his personal interests at the expense of department leadership."The instances the inspector general cited were McCabe's conversations with federal investigators and also with then-FBI Director James Comey in October 2016. 884

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