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NEW YORK (AP) — Century 21 Stores, a destination for bargain hunters looking for fat deals on designer dresses and shoes for nearly 60 years, has filed for Chapter 11 bankruptcy.The retail chain says it’s winding down its business, including all 13 stores across New York, New Jersey, Pennsylvania and Florida.Century 21 joins more than two dozen retailers who have filed for bankruptcy since the pandemic which forced non-essential stores to temporarily close.Century 21 said that the decision followed nonpayment by the company’s insurance providers of about 5 million due under policies put in place to protect against losses stemming from business interruption.That insurance money helped it rebuild its downtown Manhattan flagship store after it was damaged by the 9/11 attacks. 794

NEW YORK (AP) — Pacific Gas & Electric says its equipment may have ignited the 2018 Camp Fire, which killed 86 people and destroyed an entire town in Northern California.The embattled utility, which filed for bankruptcy protection in January, said Thursday it's taking a .5 billion charge for claims connected to the Camp Fire in its fourth quarter earnings.The cause of the Camp Fire, the deadliest in California history, is still under investigation. But firefighters located the start of the fire near a tower on PG&E's Caribou-Palermo transmission line. PG&E says that transmission line lost power right before the fire and was later found to be damaged."We recognize that more must be done to adapt to and address the increasing threat of wildfires and extreme weather in order to keep our customers and communities safe," said John Simon, interim CEO of PG&E, in a statement. "We are taking action now on important safety and maintenance measures identified through our accelerated and enhanced safety inspections and will continue to keep our regulators, customers and investors informed of our efforts."PG&E also recorded a new billion charge related to the 2017 wildfires in Northern California, saying it still estimates it is facing wildfire liabilities in excess of billion.Citing extraordinary challenges from wildfires, PG&E's management concluded the circumstances "raise substantial doubt about PG&E Corporation's and the Utility's ability to continue as going concerns."PG&E also said there was an outage and downed wires in another location, called Big Bend, that morning. While fire officials have identified the second location as another potential ignition point of the Camp Fire, PG&E said it's unsure if that problem might have ignited the fire.The Caribou-Palermo transmission line has been out of service since mid-December, and inspections have identified equipment that needs repair or replacement, the company said. 1997

NEW YORK (AP) — People are more likely to return a lost wallet if it contains money — and the more cash, the better.That's the surprising conclusion from researchers who planted more than 17,000 "lost wallets" across 355 cities in 40 countries, and kept track of how often somebody contacted the supposed owners.The presence of money — the equivalent of about in local currency — boosted this response rate to about 51%, versus 40% for wallets with no cash. That trend showed up in virtually every nation, although the actual numbers varied.Researchers raised the stakes in the U.S., the United Kingdom and Poland. The response jumped to 72% for wallets containing the equivalent of about , versus 61% for those containing . If no money was enclosed, the rate was 46%.How can this be?"The evidence suggests that people tend to care about the welfare of others, and they have an aversion to seeing themselves as a thief," said Alain Cohn of the University of Michigan, one author who reported the results Thursday in the journal Science.Another author, Christian Zuend of the University of Zurich, said "it suddenly feels like stealing" when there's money in the wallet. "And it feels even more like stealing when the money in the wallet increases," he added. That idea was supported by the results of polls the researchers did in the U.S., the U.K. and Poland, he told reporters.The wallets in the study were actually transparent business card cases, chosen so that people could see money inside without opening them. A team of 13 research assistants posed as people who had just found the cases and turned them in at banks, theaters, museums or other cultural establishments, post offices, hotels and police stations or other public offices. The key question was whether the employee receiving each case would contact its supposed owner, whose name and email address were displayed on three identical business cards within.The business cards were crafted to make the supposed owner appear to be a local person, as was a grocery list that was also enclosed. Some cases also contained a key, and they were more likely to get a response than cases without a key. That led the researchers to conclude that concern for others was playing a role, since — unlike money — a key is valuable to its owner but not a stranger.The effect of enclosed money appeared in 38 of the 40 countries, with Mexico and Peru the exceptions. Nations varied widely in how often the wallet's "owner" was contacted. In Switzerland the rate was 74% for wallets without money and 79% with it, while in China the rates were 7% and 22%. The U.S. figures were 39% and 57%.The study measured how employees act when presented with a wallet at their workplaces. But would those same people act differently if they found a wallet on a sidewalk?"We don't know," said Michel Marechal, an author from the University of Zurich. But he said other analyses suggest the new results reflect people's overall degree of honesty.Shaul Shalvi of the University of Amsterdam, who wrote a commentary that accompanied the study, told The Associated Press that he suspected the study does shed light on how people would act with a wallet found on the street.He said the results "support the idea that people care about others as well as caring about being honest."Robert Feldman, psychology professor at the University of Massachusetts Amherst who didn't participate in the work, said he suspected the experiment might have turned out differently if involved "everyday people" rather than employees acting in an official capacity.But Feldman called the study impressive and said it seems like "a very real result."Dan Ariely, a psychology professor at Duke University who didn't participate in the research, said the conclusions fit with research that indicates keeping a larger amount of money would be harder for a person to rationalize."It very much fits with the way social scientists think about dishonesty," he said. 3987

NFL defensive end Michael Bennett was indicted Friday in Houston on a charge of injury to the elderly in connection with an incident that occurred when he was a spectator at the 2017 Super Bowl, authorities said.The Harris County district attorney's office said Bennett rushed the field when the game ended to congratulate his brother Martellus Bennett, who played for the winning New England Patriots.Bennett was told to use a different field entrance, but he pushed through the security detail, which included a 66-year-old paraplegic woman in a wheelchair, Houston Police Chief Art Acevedo said at a news conference.The woman suffered a sprained shoulder in the Feb. 5, 2017, incident, Acevedo said."It's offensive to me that a man who's supposed to be an example, a professional athlete, thinks its OK to act like this," Acevedo said.Bennett's legal team does not have a comment at this time, Frank Perez, a member of the team, said Friday night. CNN reached out to Bennett for comment through his representative Doug Hendrickson but has not heard back.Harris County said the felony charge carries a penalty of up to 10 years in prison and a ,000 fine.Bennett was one of the most vocal NFL players in protesting the national anthem before games.He appeared on CNN and said he didn't understand why President Donald Trump would "stoop so low" as to say that NFL owners should fire players who protest.Bennett, 32, played with the Seattle Seahawks for five seasons and just signed a contract with the Philadelphia Eagles. He played high school football in Houston and college ball at Texas A&M University.Acevedo said Bennett's lawyer has been notified. The chief said Bennett has not been arrested yet but should turn himself into police as soon as possible.When asked why it took more than a year to file charges against Bennett, Acevedo said police had to prioritize more serious crimes. Also, Hurricane Harvey hit Houston in August, he noted.Acevedo said an officer at the game witnessed Bennett pushing the woman but decided to check on the elderly woman rather than immediately arrest Bennett, whom he recognized."We knew who the suspect was," Acevedo said. "We knew what he had done and we knew where to find him."The Philadelphia Eagles said in a statement Friday: "We are aware of the situation involving Michael Bennett and are in the process of gathering more information. Because this is an ongoing legal matter, we will have no further comment at this time."Last September, Bennett complained that police in Las Vegas unfairly singled him out, threatened him with a gun and detained him briefly after he attended a prizefight between Floyd Mayweather Jr. and Conor McGregor.Las Vegas authorities said officers were responding to a call of battery and assault with a gun that had turned into an active shooter situation and thought that Bennett might be involved. No charges were filed. 2920

North Korea is getting increasingly angry at the US, as talks are deadlocked and tensions between the two countries are on the rise, a source familiar with the discussions told CNN.US and foreign sources close to the talks paint a picture that's starkly different from the image President Donald Trump sought to convey Wednesday, when he told reporters the administration is "very happy with how it's going with North Korea. We think it's going fine."Trump had been asked about the administration's announcement, in the middle of the night as Tuesday's midterm elections results were coming in, that Secretary of State Mike Pompeo's Thursday meeting with a key aide to North Korean leader Kim Jong Un had been postponed."We're very happy with how it's going with North Korea. We think it's going fine. We're in no rush. We're in no hurry," Trump told reporters at a White House press conference. "The sanctions are on. The missiles have stopped. The rockets have stopped. The hostages are home. The great heroes are home." 1030