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WESTLAKE VILLAGE (CNS) - Westlake Village-based Guitar Center, the country's largest retailer of instruments and musical equipment, joined a growing list of companies impacted by the economic toll of the COVID-19 pandemic, filing for bankruptcy, according to a report Sunday.Guitar Center has about 300 stores across the U.S., and its sister brands include Music & Arts, which has more than 200 stores specializing in band and orchestral instruments for sale and rent, according to the Los Angeles Times.The filing in the Eastern District of Virginia gives the company a break on its debts by letting it stay in business as it seeks to carry out a restructuring plan, the Times reported.According to the report, a restructuring support agreement announced Nov. 13 requires new financing backed by existing creditors, in addition to 5 million in new equity investments from its parent company, Ares Management Corp., as well as the Carlyle Group and Brigade Capital Management.Moody's Investor Service explained that the coronavirus shutdown has hit nonessential retailers hard, and that Guitar Center was particularly vulnerable because musical instruments are highly discretionary item. The company's stores were shut down in mid-March when the pandemic began in earnest. Since then, the Times reported, it has reopened some locations while maintaining online operations.Guitar Center claims it has liabilities of between billion and billion, with a similar range for its assets, according to the filing.According to the report, Ares acquired the company in 2014 in an out-of-court restructuring of Guitar Center's substantial debt load, the result of a deal by Bain Capital LP in 2007 to take it private. 1728

When Sen. Bernie Sanders did this in 2013, he did it alone.On Wednesday, nearly four years later, Sanders introduced a new "Medicare for all" health care bill with a third of the Senate Democratic caucus by his side.Flanked at first by New York Sen. Kirsten Gillibrand and Connecticut Sen. Richard Blumenthal, Sanders called the costs of the current system "insane and unaffordable," promising that the average family would benefit financially under his plan "because you will no longer be writing checks to private insurance companies."For those whose taxes would go up, he added, "that expense will be more than offset by the money are you are saving with the elimination of private insurance costs." 710

WINCHESTER, Calif. (KGTV) -- A brush fire that erupted in Riverside County Thursday afternoon has so far scorched hundreds of acres.The brush fire, which was named the Patterson Fire, is burning north of Temecula in Riverside County. So far, one home was destroyed by the blaze and six others are being evacuated.So far, there are no reports of injuries. The fire has so far scorched 1,200 acres and is 40 percent contained, Cal Fire reports.  471

When it comes to saving lives, seconds count. And now, thanks to improving technology, drones are proving to be a game changer in an emergency.Dozens of people’s lives were saved last year with the help of drones, according to drone maker DJI.  The company said from May of 2017 to April of 2018, 65 people were rescued with the help of a drone. DJI reviewed media reports to come up with that number and included documentation in its recent report released this year.Firefighters, search and rescue teams and other members of law enforcement are using drones to survey an area much faster from the air than people can on the ground.“During a search and rescue operation we can see body temperature, Romeo Durscher, DJI’s Public Safety Integration Director, said.Drones carry more than simple cameras. They are now built to send back infrared images.Aeryon Defense USA, of Denver, has drones that can carry upwards of four pounds of payload. The company sells drones that can be used by police agencies and the military."That allows you to hook in a medical kit, radio, food, water (or) ammunition to provide life sustaining equipment," said Mark Holden of Aeryon Defense USA. “We can carry water, enough for one day, food, even ammunition resupplies and some explosives as well.”The company’s drones can also be programed to single out a person moving in the camera’s view, but ignore a tree blowing in the wind or wildlife.“This is just the beginning. Everything we do is about taking the load off the end user. We want to replace human functions on the battlefield with a robot,” Holden said.Drones have helped find a woman with dementia in Randolph County, North Carolina. She had wandered into a nearby field. Drones dropped a life preserver to flood victims in Sichuan, China before rescue crews arrived to save the victims. An infrared camera-equipped drone located a crash victim who became unconscious after leaving his car to get help. A similar camera also was used to locate lost tubers on a river in Vestavia Hills, Alabama.Technology allows drones to carry more weight than before. In the last one-and-a-half to two years, drone makers have improved how drones fly in difficult weather conditions."Search and rescue operations rarely happen on a beautiful, no wind kind of day so we had to design them to withstand the snow, the wind, and the rain,” Durscher said.They can help save the lives of rescuers too."You know what's ahead of you. It can alert you of a big cliff or flooded river,” Durscher said.Drones used by most rescue agencies run as much as ,000 to ,000. 2642

WEST PALM BEACH, Fla. -- Two specially modified shotguns and ammunition were stolen from Palm Beach Zoo in the hours between late Wednesday and early Thursday.Head of Communications & Public Relations for Palm Beach Zoo, Naki Carter, says someone broke into the zoo and pried open a gun safe that stored the weapons.The shotguns were used by the zoo's "critical response team" in cases of emergency.The zoo is offering a ,000 reward for the return of the weapons.When asked if this was thought to be an "inside job", Carter had no comment.If the perpetrator(s) is caught with the weapons, which require a federal permit, they could face 10 years in prison and a fine.Carter says Palm Beach Zoo has increased security measures since the theft, but will not go into detail as to what those measures entail. 828

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