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Two of the former owners of Toys "R" Us have agreed to pay million to help laid-off employees.Bain Capital and KKR, private equity firms that owned part of the toy retailer, set up a severance fund to pay former workers who lost their jobs when the company closed its stores.The third owner, real estate firm Vornado, did not join the fund, and did not immediately respond to request for comment.MORE: How the Toys 'R' Us closures massively impact?the U.S.Toys "R" Us filed for bankruptcy a year ago with plans to stay in business. But in March the company's creditors forced it to go out out of business, and the 31,000 remaining employees did not get severance payments.Some top executives at Toys "R" Us received bonuses as part of the bankruptcy process. The nation's bankruptcy laws place limits on the severance payments that can be made to laid-off employees, and they give priority to repaying creditors of the bankrupt companies.Had the employees been laid off before the bankruptcy, they would have been entitled to severance pay of up to one week of pay for every year of service.The million severance fund does not come from Toys "R" Us.The fund was set up following negotiations between the private equity firms and various public interest groups that organized the employees, including Organization United for Respect, Private Equity Stakeholder Project and Center for Popular Democracy."This Fund begins to ensure the hard-working people who spent their lives building Toys 'R' Us and making children happy are not left out in the cold," said Marilyn Muniz, a New York-based Toys "R" employee for nearly 20 years.The groups are seeking additional contributions to the fund from Vornado as well as two Toys "R" Us lenders, Solus and Angelo Gordon, which pushed the company to shutdown operations rather than stay in business. Solus did not respond to a request for comment and Angelo Gordon declined to comment.Tracy Forbes, a former employee who lost her job, told CNN Business that she had worked for the company for 31 years, making her way up to store manager of a Babies "R" Us store in Tempe, Arizona. At the time of the bankruptcy filing she figured she would get about seven months of severance if her store shut down. She said she was shocked when she learned the promised severance wouldn't be paid."It was very difficult," she said. "Here in Arizona, unemployment is only 0 a week. It's not even minimum wage. It was rough. I only got by with friends and family helping me out."After about four months she found a job as an assistant manager of a Home Goods store, which pays less than Babies "R" Us. She said she's kept in touch with the employees who used to work with her at Babies "R" Us."Just about everyone has found some kind of work, but it generally took three or four months," she said. "Some aren't earning as much. Some of the lower-level employees have actually found better paying jobs."The fund has hired attorney Kenneth Feinberg to come up with a formula to determine who gets how much money. Feinberg has made a career deciding distribution to victims of events, such as the terrorist attacks on September 11, 2001, and the BP Deepwater Horizon oil spill. He has proposed that payments go to workers who had been with the company at least a year and who made between ,000 and 0,000 in annual income."In order to maximize the impact of available funds, key eligibility requirements and payment parameters had to be instituted," said Feinberg. Payments are expected to start soon after December 15 and be completed by April.The million fund will not cover a full severance plan for the workers. The employee groups estimate that would take million.The proposed payment schedule provides at least 0 to anyone eligible for payments and as much as ,800 to the top earning employees -- those earning more than 0,000 a year who had been with the company for more than 25 years. Those earning more than 0,000 are not eligible to receive payments from the fund.A more typical employee, one who was earning ,000 a year with 10 years of service, would get ,400 under the plan, or about two-and-half weeks of pay.Former employees can go to www.trufinancialassistancefund.com to find out about how much they might get and to comment on the distribution formula. Depending on the comments, the formula might be adjusted before the payments start. 4424

UPDATE 10:40 P.M.(KGTV) -- At least four people are dead and 15 people were injured after a shooting at the Garlic Festival Sunday evening in Gilroy, police said Sunday night during a press conference. Officials said the suspect entered the event through a neighboring creek and used a tool to cut into the fencing surrounding the festival. At about 5:41 p.m., there were reports of gunfire at the north side of the festival area.Gilroy Police officers staged in the north side were able to engage the suspect in less than a minute, said Gilroy Chief Police Scot Smithee. The suspect was shot and killed by Gilroy officers, Smithee said.Police say the gunman's motive is unknown at this time.ABC7 News in San Francisco reports, citing law enforcement sources, that a 6-year-old boy was among the victims killed in the shooting.A manhunt is underway for a possible second suspect and the scene around the festival remains active.-------UPDATE 9:01 P.M.(AP) -- Three dead, 12 injuredA city councilman says three people have been killed and 12 others are injured after a shooting at a festival in Gilroy, California.Councilman Dion Bracco tells The Associated Press those are preliminary figures following Sunday's shooting.-------GILROY, Calif. (KGTV) -- At least five people have been wounded by a gunman who opened fire at a family-friendly festival in Northern California late Sunday afternoon.The shooting was reported around 6 p.m. at the Gilroy Garlic Festival, south of San Jose, as the three-day food festival was coming to a close.Numerous social media accounts captured video of people fleeing for safety as gunshots rang out. Witnesses to the shooting Sunday at an annual food festival described the confusion and panic at the scene, the San Jose Mercury News reported.Evenny Reyes of Gilroy, 13, told the newspaper she was leaving the festival and witnessed several injured victims."We were just leaving and we saw a guy with a bandana wrapped around his leg because he got shot. And there were people on the ground, crying," Reyes said. "There was a little kid hurt on the ground. People were throwing tables and cutting fences to get out."Lex De La Herran told CNN he was walking away from the stage and "about two minutes later, I looked over to hear multiple gun shots and saw smoke through the air.""Initially I thought it was fireworks," he said. "People started screaming and running, I instinctively did the same. It was complete chaos."At least five people were hospitalized, a Santa Clara Valley Medical Center spokeswoman says.The conditions of the hospitalized victims range from fair to critical, a hospital spokeswoman said.The Gilroy Police Department on its Twitter account issued a statement saying: "The hearts of Gilroy PD and entire community go out to the victims of today's shooting at the Garlic Festival. The scene is still active. If you are looking for a loved one, please go to the reunification center at Gavilan College at parking lot B."yo somebody was shooting at the gilroy garlic festival. be safe pic.twitter.com/B39ZIYe8wr— niah 优 (@wavyia) July 29, 2019 “We were in the middle of a war zone.” A band member preforming on stage during shooting around 5:30pm says their guitarist described a gunman who wore a green cap and a grey scarf. They saw blood on t-shirts and people down. If you are a witness call 408-846-0583 #gilroy— Ella Sogomonian (@EllaSogomonian) July 29, 2019 #NOW Vendor explains her experience. Says one shooter was feet away from her. She suffered a bump on her head, in her escape. #abc7now #breaking #developing #Gilroy #GilroyGarlicFestival pic.twitter.com/aQ2ngXrD6H— Amanda del Castillo (@AmandaABC7) July 29, 2019 Video from my mom while in shelter inside a semi-trailer. Gilroy Garlic Festival pic.twitter.com/ZaxBdQ7V0A— Robert M. Sandoval???? (@Rahbertmykul) July 29, 2019 3860

Tucson police Chief Chris Magnus offered his resignation during a press conference on Wednesday.Magnus made the announcement about an April 21 incident in which a man died while in police custody.The AP reported the man who died was 27-year-old Carlos Ingram-Lopez.The medical examiner’s office didn’t determine a manner of death but said Ingram-Lopez died of sudden cardiac arrest while intoxicated by cocaine and physically restrained, the Associated Press reported.Magnus has served in the role since January 2016. Mayor Regina Romero hasn't said whether she is accepting the chief's resignation.KNXV's Phil Villarreal first reported this story. 656

UPDATE: SDPD says Julieta Amaral has been located in Tijuana, Mexico. Her family has been alerted to rejoin her and escort her home.Original story follows...SAN DIEGO (KGTV) — San Diego Police are searching for an 88-year-old woman who disappeared Wednesday.Julieta Amaral was reported missing by a family member Wednesday. Amaral is diagnosed with Alzheimer's disease and known to frequent the areas of Chicano Park and Logan Heights.Police described her as a Hispanic woman, about 5-feet tall, and weighing 125 pounds. She has brown eyes, grey hair, and was last seen wearing a black floral, long sleeve sweater and turqoise pants.She does not know how to use public transportation, police say, and has little money on her.Anyone with information is asked to call SDPD at 619-531-2000. 795

UPDATE (7:30 a.m.): Sheriff's officials announced the girl was "was located safe at a residence in the unincorporated area of El Cajon."No other details were released. SAN DIEGO (KGTV) – A search was launched overnight for a young girl missing in Alpine, according to the San Diego County Sheriff’s Department.In a tweet early Wednesday morning, sheriff’s officials said a search and rescue team was called to assist in the search for 10-year-old Abbigail McDonald.ABC 10News learned the girl's mother reported her missing just before 11:30 p.m. Tuesday. Officials said the mother told them Abbigail went to bed around 9 p.m. and that was the last time she saw her daughter.Abbigail was last seen at home wearing a black tank top and jeans, according to sheriff’s officials.Anyone with information the girl’s whereabouts is urged to call 858-565-5200. 860

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