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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

Two Democrats leading the rebellion against Nancy Pelosi were bullish Tuesday evening about their efforts to stop her from winning the speakership, promising to soon reveal that they had enough support to cause a major shake-up at the top of their caucus.The Democrats, Reps. Seth Moulton of Massachusetts and Filemon Vela of Texas, contended that their private conversations revealed that Pelosi would soon learn that she lacked backing within the full House to be elected speaker next year -- despite her confidence that she would lock down the necessary support."I am 100% confident we can forge new leadership," Vela told CNN.Asked how confident they were that they could defeat Pelosi, Moulton also said: "100%."The Pelosi detractors are circulating a letter and trying to accumulate enough signatures to showcase the breadth of the Democratic opposition to Pelosi. The strategy is this: Show that the California Democrat lacks support after new and current members commit to voting for another candidate on the floor. At that point, they hope, Pelosi will see the writing on the wall, step aside and allow new candidates for the speakership to emerge."We are trying to do the right thing for the party by solving this ahead of time," Moulton said.The goal, they said, is to release their letter as soon as this week or at least before the Nov. 28 leadership elections in the House Democratic Caucus. Pelosi will have to win a majority of support within the caucus to be nominated as speaker -- something that is virtually assured -- before the full House votes for a speaker in January, where the numbers will be critical.Supporters of Pelosi are deeply skeptical about her critics' predictions, expecting she will get enough votes to become speaker and will overcome the opposition from the small minority of rabble-rousing Democrats. No candidate has emerged to take her on, with even her opponent after the 2016 elections, Rep. Tim Ryan of Ohio, saying he had no plans to jump in at the moment."Leader Pelosi is very confident in her support among members and members-elect," said Drew Hammill, her spokesman.For days, Pelosi herself expressed no doubt she'd be elected speaker."A hundred percent," she said on CNN last week when asked about her level of confidence.Rep. Hakeem Jeffries of New York, whom many Pelosi detractors want to run for speaker, said he believes Pelosi will get the 218 votes she needs -- and insisted he was focused on his race for Democratic Caucus chairman, rather than a bid for the speakership."Never count out Nancy Pelosi," he said. "Nobody within the Capitol dome is a better vote counter than the once and future speaker of the United States House of Representatives."The current split in the House next year is 225-200, with Democrats holding the advantage, and with 10 races still outstanding, it's very likely that the Democratic majority will still grow. According to a CNN tally, 10 incoming freshman have said they'd oppose Pelosi, while 13 incumbents have vowed to oppose her.But it's unclear if those members might vote against her in the caucus yet vote for her on the House floor. After the 2016 elections, 63 Democrats opposed Pelosi in the leadership races but nearly all of them voted for her later on the floor.After this month's vote, the Democratic candidate for speaker will face off against the Republican candidate for speaker in January. House rules say the candidate who wins the race must secure a majority of votes from the members who attend and actually cast votes for a candidate. So if members skip the vote or decide to vote "present," that would lower the threshold below 218 to win the speaker's election, something that could help Pelosi if her critics decide to skip the vote rather than vote against her.Moulton and Vela insisted that none of the detractors would do that."I'm confident that at this point, we have a number of current and incoming members committed to going to the floor and voting for someone else and not voting present," Vela said. 4034

TWIN LAKE, Mich. — After Christy Hester lost her husband, Richard, in January, there was one thing she was having trouble parting with: his glasses. 156

Unique hardly describes the lawsuit Scarlett Watts and her attorney recently filed in Florida federal court.Scarlett Watts said she was only days late on her house payment when her mortgage company called looking for their money.  Watts describes the exchange between her and the debt collector as tense but nothing more. Later that day she received a string of obscene text messages.The texts called Watts vulgar names and mentioned her late bill not once but twice.She called the mortgage company and they denied any wrongdoing on behalf of their employee.Attorney Billy Howard has filed a harassment suit on Watt’s behalf against the lender based on Florida and federal law that makes it illegal for a debt collector to harass a borrower on their cell phone.Next Howard plans to subpoena phone records to determine if the texts may have come from a company phone or an employee's phone.Watts says she decided to take legal action to teach the texter a lesson and hopefully collect a few thousand dollars. Victims of debt collection harassment can sue for between 0 and 00 per call or text.Scripps station WFTS in Tampa reached out to the lender four times for a comment. They have yet to respond. 1233

Two people have been killed in an explosion at a Veteran's Affair hospital in Connecticut, according to WTNH-TV and The New Haven Register.A VA spokesperson told WTNH that the explosion at the West Haven hospital was caused by a steam valve. The explosion occurred in a building that was not housing patients. Those who were killed were not patients at the hospital.According to The Associated Press, state and federal investigators are responding to the incident. State police also said they would send a fire and explosion investigation unit."We received a report this morning that an explosion occurred at the West Haven campus of the VA Connecticut Healthcare System that resulted in two deaths in a non-patient care area,” VA Secretary Robert Wilkie said in a statement.This story is breaking and will be updated. 826

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