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NEW YORK (AP) — The storied New York clothier Brooks Brothers is filing for bankruptcy protection.The company that says it’s put 40 U.S. presidents in its suits survived two world wars and navigated through casual Fridays and a loosening of dress standards even on Wall Street, but the coronavirus pandemic pushed the 200-year-old company into seek Chapter 11 protection Wednesday.A spokesperson for the retailer told CNBC that the company has been evaluating strategic options to position them for success, including a potential sale of the business.Another famed men’s clothier, Barneys of New York, sought bankruptcy protection last year, and it was followed by a slew of others toppled by the pandemic, including Neiman Marcus, J.Crew and J.C. Penney.More bankruptcies are anticipated in the retail sector which has been rattled by the spread of COVID-19. 867
NEW YORK, N.Y. – Rush Limbaugh provided an update on his "roller coaster" battle with lung cancer Monday, saying a recent scan showed “some progression” and that it’s “in the wrong direction.”The conservative talk radio host has been seeking treatment since he announced in February that he was diagnosed with advanced lung cancer.In a statement posted on his website, Limbaugh said his scans had previously shown that his treatments had “rendered the cancer dormant,” meaning they had stopped the growth of the cancer.“It had been reduced, and it had become manageable,” he said.Limbaugh said he has stage 4 lung cancer and that his team has adjusted his chemotherapy drugs with hopes of keeping additional progression at bay as long as possible.“The idea now is to keep it where it is or maybe have it reduce again. We’ve shown that that is possible. If it happened once, it can happen again,” he said. “So that’s the objective of the current treatment plan.”Limbaugh did address that his cancer is likely terminal.“It’s tough to realize that the days where I do not think I’m under a death sentence are over. Now, we all are, is the point,” he said. “We all know that we’re going to die at some point, but when you have a terminal disease diagnosis that has a time frame to it, then that puts a different psychological and even physical awareness to it.”The host has not mentioned his cancer battle that much since his diagnosis, saying that he doesn’t want to treat it as “an opportunity to bleed on the audience, to either complain or constantly update.” He says that’s because he’s not the only one going through hardships. 1637
NEW YORK (AP) — The operator of Ann Taylor and Lane Bryant filed for Chapter 11 bankruptcy on Thursday, the latest retailer to do so during the pandemic. Ascena Retail Group, which operates nearly 3,000 stores mostly at malls, has been dragged down by debt and weak sales for years. In a press release, the company said they were closing all of their plus-size stores Catherines.The company also said in the release that they plan to "strategically reduce its footprint with the closing of a significant number of Justice stores and a select number of Ann Taylor, LOFT, Lane Bryant, and Lou & Grey stores."It joins other retailers that have filed for bankruptcy in recent weeks, including Brooks Brothers, Neiman Marcus, J.C. Penney, and J. Crew. These retailers were already struggling with poor sales, but the forced closure of stores in March to reduce the spread of the coronavirus put them further in peril. Experts believe that there will be another wave of bankruptcies this fall that will include companies that had been healthy before the pandemic struck. 1076
NEW YORK CITY — Police say they have arrested a man after he allegedly pushed a woman onto subway tracks as a train was arriving at the Union Square station Thursday morning.The NYPD said a call came in just before 8:30 a.m. local time after a woman was shoved off the subway platform and onto the tracks of the No. 4, 5 and 6 subway lines.Surveillance video shows the suspect waiting and then suddenly push the woman, 40, onto the tracks in front of the oncoming train.The FDNY rushed to the scene and helped the victim off the tracks, while a New York City Transit platform controller subdued the suspect, holding him down until police arrived, authorities said.The woman was taken to a nearby hospital and only suffered minor injuries, authorities said.NYPD Chief of Transit Kathleen O'Reilly said on Twitter that "charges are forthcoming and this case will be prosecuted to the fullest extent."The incident caused delays and service impacts along the No. 4? and ?5? train lines, the MTA said. 1004
NEW YORK (AP) — Macy’s said Santa Claus won’t be greeting kids at its flagship New York store this year due to the coronavirus, interrupting a holiday tradition started nearly 160 years ago. More than a quarter of a million people come to see Santa at Macy’s in New York each year, the company said, making it hard to create a safe environment during a pandemic. Before taking a picture with the jolly old man, crowds walk in tight quarters through a maze-like Santaland that’s filled with Christmas trees, running toy trains and elves in green costumes.That makes it hard to create a safe environment during a pandemic. Santa also won’t be making in-person visits this year at its Chicago and San Francisco stores, which have similar Santalands. But he will still appear at the end of the televised Macy’s Thanksgiving Day parade, the company said.The decision by Macy’s differs from big mall owners, which will still go ahead with in-person Santa visits by banning kids from sitting on his lap and making sure they stay six feet away from him.Macy’s said it will be offering a free online experience on its website at the end of November, where families can play games and get a virtual tour of Santa’s workshop. 1222
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