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Bernie Madoff, the infamous mastermind behind the largest Ponzi scheme in history, is asking President Donald Trump to commute his 150-year prison sentence.Madoff filed a clemency petition that is currently "pending," according to the Justice Department's 268

As nearly 450 Pier 1 locations are set to close in the coming year, the company announced it is filing for Chapter 11 bankruptcy. Of the 450 locations set to close, 400 of them have either recently closed or started liquidating stock. In addition to the store closings, the company will shutter two distribution centers. The moves come during a rough time for brick and mortar retailers, as malls and shopping centers throughout the United States become more barren. Pier 1 said it is also in the process of securing a buyer for the company over the next six weeks. “In recent months, we have taken significant steps forward in our business transformation and cost-reduction initiatives," CEO Robert Riesbeck said. "We have worked to establish an appropriately sized and profitable store footprint, operating structure and merchandise assortment that will enable Pier 1 to better serve our customers across store and online channels. "Today’s actions are intended to provide Pier 1 with additional time and financial flexibility as we now work to unlock additional value for our stakeholders through a sale of the Company. We are moving ahead in this process with the support of our lenders and are pleased with the initial interest as we engage in discussions with potential buyers.” 1296

Athletes at universities in California are one step closer to being able to profit off their likeness as sweeping legislation meant to neuter the NCAA's amateurism bylaws was approved by the state's Senate on Wednesday. Meanwhile on Wednesday, NCAA leaders sent a letter to California's Gov. Gavin Newsom to claim that the legislation is "harmful" and "unconstitutional." After House and Senate approval, the bill now sits on the governor's desk.The NCAA claims that the legislation would create an unequal playing field. "California Senate Bill 206 would upend that balance," the NCAA said in its letter to Newsom. "If the bill becomes law and California’s 58 NCAA schools are compelled to allow an unrestricted name, image and likeness scheme, it would erase the critical distinction between college and professional athletics and, because it gives those schools an unfair recruiting advantage, would result in them eventually being unable to compete in NCAA competitions. These outcomes are untenable and would negatively impact more than 24,000 California student-athletes across three divisions."The bill would allow student athletes to earn money off endorsements, autograph sessions and public appearances. The bill would not require colleges to pay athletes. The legislation was unanimously approved by both the House and Senate this week.Under current bylaws, even something as simple as someone buying lunch for a student athlete would be considered an improper benefit.Complicating matters for the NCAA, the legislation would prohibit the NCAA from banning teams in California from participating in intercollegiate competitions. That point could force the NCAA to either make dramatic changes to its bylaws or take the state of California to court.The legislation would be effective as of Jan. 1, 2023.In May, the NCAA announced the formation of a working group of college administrators. Their goal is to examine how to respond to legislation like the one put forth by California. Ohio State Director of Athletics Gene Smith said that the NCAA is not interested in having colleges directly paying student athletes.“While the formation of this group is an important step to confirming what we believe as an association, the group’s work will not result in paying students as employees,” Smith said. “That structure is contrary to the NCAA’s educational mission and will not be a part of this discussion.”The working group said in May it would provide an update in August, but so far, has not provided an update.While the NCAA, led by President Mark Emmert, and others are staunchly against paying athletes, college athletics is flushed with money, and its practitioners are handsomely compensated. In 2016, the NCAA and CBS came to an .8 billion, eight-year extension to air the NCAA Men's Basketball Tournament.In 2012, ESPN agreed to a .3 billion deal through 2026 to air the College Football Playoff.One of the NCAA leaders who signed the letter on Wednesday was Ohio State President Michael Drake. Ohio State's men's basketball coach is paid more than million a season. Ohio State's new head football coach is paid .6 million.The players are compensated with a college scholarship which generally includes room and board. A player who receives what the NCAA deems as an improper benefit, such as an endorsement deal or a free lunch, would be considered ineligible. There have been many instances of players breaking NCAA bylaws, causing teams to be disqualified from NCAA championships. The bill has not only received bipartisan support, it has garnered support from athletes, including Lakers forward LeBron James. 3651

BLOUNTVILLE, Tenn. (AP) — Tennessee authorities say they have positively identified the remains of a 15-month-old girl who had been missing for weeks. Tennessee Bureau of Investigation spokeswoman Leslie Earhart said Wednesday that the remains found Friday are those of Evelyn Mae Boswell. No other details were released. The bureau said earlier that the remains were found in Sullivan County on property belonging to a family member. Authorities have said she hadn't been seen since at least December. Evelyn's mother, 18-year-old Megan Boswell, was arrested Feb. 25 on a charge of filing a false report. Authorities said her inaccurate and conflicting statements had impeded the investigation.WATCH: We have a sad update to pass along in our ongoing search for answers in the death of 15-month-old Evelyn Boswell. Remains found on Friday evening have been confirmed to be those of the little girl.Thank you for your continued support in this difficult case. 972

BANGKOK — Leaders puzzling over how to keep COVID-19, better known as the coronavirus, from spreading are taking new steps around the globe to try to limit the illness' reach — including restricting access to holy sites.Saudi Arabia announced Thursday that is suspending entry for the Umrah pilgrimage — a traditional pilgrimage to Mecca, which Muslims take throughout the year. Officials noted that the travel restrictions were "temporary," but did not provide a timetable for when they could be lifted.Japan said Thursday that it would close all elementary, junior high, and high schools throughout the country in order to limit the potential spread of coronavirus. The decision to keep 12.8 million kids home from school comes as an eighth person has died of the virus.Airports across Latin America have also begun looking for signs of sick passengers. Some countries are warning people to obey containment measures, with Singapore prosecuting a couple it says lied about their movements and South Korea passing newly strengthened punishments for those violating self-isolation rules. The virus keeps spreading to new places around the world, with the number of infected people hovering around 81,000. 1216